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/biz/ - Business & Finance


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12152537 No.12152537 [Reply] [Original]

ho ly f uuuuuck

>> No.12152570

lol wut?

>> No.12152579

>>12152537
you got me. had to check.

>> No.12152583

HOLY FUJCK LOL!!! BOYS!! WE'RE ALL GONNA MAKE IT

https://www.sec.gov/news/btcusdetf-vaneck-approval12172018

>> No.12152586

>>12152579
At 9pm Eastern? On a Monday? The week before Christmas?

>> No.12152588

>>12152537
No, the SEC isn't making a decision on the VanEck-Solidx bitcoin ETF until the end of this month.

>> No.12152596

>>12152588

February 28 actually

>> No.12152606

>>12152596
*29

>> No.12152608
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12152608

>>12152583
>https://www.sec.gov/news/btcusdetf-vaneck-approval12172018
Dead url.

>> No.12152618

>>12152606
>>12152596
Yeah, looks like you're right. They pushed it back.

>> No.12152657
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12152657

>>12152596
Fuck that's after the gox coins dump. What the fuck are they thinking?

>> No.12152674

>>12152618
They've kept delaying it. The good news is they can no longer delay it. End of February is do or die time.

>> No.12152686

Don't you guys realize it goes up every holidays? We are going to crash to new lows in Jan/Feb, so I hope none of you are buying right now. THEN we will be at the final bottom.

>> No.12152716

>>12152657

Better if this news hits after the final Gox dump. There needs to be something to cause the market to rebound.

>> No.12152842
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12152842

You goys don't get it do you. The real meme is programming you retards for a choreographed response to an ETF approval. Why would an ETF moon the price on its own? You think there are literally 90yo boomers who want to buy your larp money but can't work cuckbase and are merely waiting for the moment they can fax an order through to their stock broker for this shit? Fucking of course not.

The truth is you are being memed into a preset reaction, when ETF condition is met the robots will buy, you are delusional and when you wake up will believe it was 90yo boomers buying, you will FOMO buy worthless bags from the bots. When you get barted you will see that YOU were the 90yo boomer all along and were roborekt.

>> No.12152872

>>12152842
imagine thinking you're smart but actually being this retarded

>> No.12152887

>>12152842
You might have a point if GBTC didn't already exist and do pretty well. A BTC ETF will do just fine, and the amount of BTC they have to acquire will drive the market up.

>> No.12152912

>>12152842
>You think there are literally 90yo boomers who want to buy your larp money
>your larp money
>your
Nobody in this thread even owns 2 BitCoins.

>> No.12152917

>>12152537
just zoom out op

>> No.12152981
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12152981

>>12152912
Please stp bully

>> No.12153027
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12153027

>>12152981
Coinlet.

>> No.12153040

>>12152657
What day do they dump?

>> No.12153054

>>12152537
just went all in holy fuckkk bullish as fuck BOYS

>> No.12153055

>>12153040

160,000 Bitcoin back in the hands of thousands of people who bought when it was worth $5.00 and havent been able to sell since. But in February they will...

>> No.12153061

ROCK SOLID SUPPORT AT BLANK

>> No.12153071

>>12153055
>1% of the total supply
>drop in the bucket of total value
>all dumping the same day
Holy fuck anon I have a raging erection, I cannot wait to buy in early March.

>> No.12153103

Where are the coins that the CIA confiscated?

>> No.12153128

>>12152872
ETF is nothing more than the next flavor backed by mere delusion, it's good for a pump but supported by nothing but vapor

>> No.12153130

>>12152887
how much BTC do they have to acquire and in what timeframe

>> No.12153302

>>12153130
I haven't heard an official statement about this, but GLD and SLV both launched with a market cap of a few billion, so I assume the bitcoin ETF will as well. It will be backed with actual bitcoin (not derivatives) so they will likely need to buy something like 1.5 million BTC.

>> No.12153331

>>12153130
GBTC holds around 200k BTC.

It's pretty coincidental timing that in Q1 Bakkt is launching, VanEck ETF decision occurs, and Gox investors get their BTC back.

>> No.12153355

>>12153103
They spent all of them on coke and cp.

>> No.12153493
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12153493

>>12152842
Why do I give a fuck who or what is pumping my bags? As long as it goes up you dumb fuck.

>> No.12153519
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12153519

>>12153027

>> No.12153670

>>12153055
They probably sold all the retail investor bitcoins and will pass the whales/institutions real bitcoin. I don't think there will be a dump considering all the other great news in Q1.

>> No.12153766

I'm unironically shaking right now.

>> No.12153814

Doesn't ETF just mean that the Bitcoin price will be manipulated like precious metals?

>> No.12153820

>>12153302
>so they will likely need to buy something like 1.5 million BTC.

And what if they just lie and said they bought Bitcoin?

>> No.12153827

>>12153814
Every time BTC has been exposed to new avenues of institutional money it has dumped.

>> No.12153863

>>12153827
So yes?

>> No.12154027

>>12153493
The reason it matters is because when it happens you dumb fucks will literally believe it is muh institutional investors and some retarded golden bull run. All you need to understand is that boomers / institutions are not coming, the pump will literally be you goys and will collapse. Maybe you can try to trade and not lose much money, bag holders will KMS themselves

>> No.12154121

>>12152608
Works for me, maybe you should fix your internet