[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 6 KB, 214x236, 1519782574210.png [View same] [iqdb] [saucenao] [google]
24168861 No.24168861 [Reply] [Original]

when will "institutions" cash out?
they already made big profits, are they really moonboys?

>> No.24168877 [DELETED] 
File: 14 KB, 300x250, 1584280068528.jpg [View same] [iqdb] [saucenao] [google]
24168877

>>24168861
>he doesn't know

>> No.24168893

>>24168877
you mean that they already cashed out?

>> No.24168894

>>24168861
never
they intend to offer derivatives and products based on crypto
the most they will do is trade amounts of crypto between each other, but bitcoin (and ethereum) are currently in the process of price discovery as an institutional asset

blackrock was the first big mover and has seen wild success offering btc-paired products, paypal jumped on board as you probably know

now more hedge funds and financial institutions are being forced to scoop up BTC to back their crypto-products, because they are forced to compete in an emerging market

>> No.24168967

>>24168894
ponzi

>> No.24169060

Everyone thinks we’re going to have another shitcoin alt season like a few years back- what people don’t realise is that insitutional/smart money isn’t going to invest in unreliable pnd scams, but rather legit projects ran by non-anon devs with real financial/banking experience that actually solves problems in those sectors.

>> No.24169100

>>24169060
but bitcoin doesn't have non anon creator, nor it solves any of the problems in the banking sector

>> No.24169129

>>24168967
stay poor

>> No.24169141

>>24168861
Institutions don’t cash out. They are it. There’s no OUT. You’re the one who “cashes” out. They hold assets.

>> No.24169150

>>24169129
the only argument retards have
it's funny that btc and eth fags unironically use the same memes answers as pajeet pump and dump shillers

>> No.24169158

>>24168861
For what, fiat which is going to get destroyed for four years straight while Biden’s In

>> No.24169167

>>24169150
cope seethe dilate
and keep waiting for sub 10k

>> No.24169169

>>24169060
>rather legit projects ran by non-anon devs with real financial/banking experience

>Institutions investing in BTC

kek

>> No.24169177

>>24168894
>>24169060
I agree, crypto is now taken much more serious by big institutional investors and big companies. Maybe its because good projects have matured and trash has been killed off. The fact that they are in for the ride, at least to a significant degree, legitimizes crypto. It is here to stay.

>> No.24169180

>>24169141
even once they realize that the asset is over-valued and that it's about to dump destroying their entire bussiness?

>> No.24169202

>>24084695
If you read this full thread and still doubt btc will hit a million dollars you are literally ngmi

>> No.24169208

>>24169180
If they are caught by surprise by a “dump” then most likely it was a filthy hedge fund not a big institution

>> No.24169248

they are currently in euphoria mode, the JP Morgan director just told all his friends and his mom that he'll be able to retire in 1 year.

>> No.24169367
File: 494 KB, 1429x1349, 1602712120352.png [View same] [iqdb] [saucenao] [google]
24169367

Get institutionalized fren.

>> No.24169368

>>24169158
fiat dumped in late 2017 and early 2018
yet people cashed out into fiat in early 2018, those who had the brains to see where it's going
later on fiat recovered in mid 2018 and crapto kept shitting it's pants

>> No.24169374

>>24169169
BTC is great as a store of value but has absolutely no usecases. If institutions want to start investing in or developing stable and compliant digital currencies, then its good to get into BTC first and then start to diversify as it becomes increasingly scarce and valuable.

>> No.24169396

>>24169368
you mean all of crypto dropped after a 20x move on bitcoin alone in 2017? Holy shit that’s shocking and must be tied in anyway to fiat

>> No.24169432

>>24169060
We are literally in the beginning of an altseason faggot