[ 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: 447 KB, 599x658, 123.png [View same] [iqdb] [saucenao] [google]
25022795 No.25022795 [Reply] [Original]

>> No.25022823

Why did they do this?

>> No.25022861

>>25022795
This is bad?

>> No.25022877

>>25022861
It’s bullish, too many people want in

>> No.25022896

seems someone won't be able to cash out

>> No.25022897

>>25022795
bullshit. Grayscale stopped bitcoin trust inflows because there is a 3 week waiting period. There is so much demand that they can't keep up and have to halt inflows until they correct their backlogs.

>> No.25022908

>>25022823

because they spent like 1.5 billion already lmao they're good

>> No.25022915

>>25022795
>As JPMorgan warns slowdown could hit BTC

Literally "oy vey shut it down" moment

>> No.25022938
File: 426 KB, 2560x1440, bear-photo-not-cat-scaled.jpg [View same] [iqdb] [saucenao] [google]
25022938

ok now i'm scared

>> No.25022947

>>25022877
>>25022897
You are fucking mentally ill and detached from reality.

>> No.25022949

>>25022795
Why can't I find this? Post link pls

>> No.25022963

>>25022897
This. Its merely jew fud from jp Morgan. The same bank that shit on btc a year ago and now thinks its going to 400k or whatever. They are boomers. Move along.

>> No.25022976

So is this our Cyberpunk2077 getting pulled from PSN scenario

>> No.25023007
File: 21 KB, 750x387, 169592F6-7E72-41A2-BF22-FEB3DB0F4B9F.jpg [View same] [iqdb] [saucenao] [google]
25023007

>>25022795
>it’s afraid
second dump
then massive discount and buy your fucking credit to shit

>> No.25023047

>>25022949
found it nvm

>> No.25023048
File: 34 KB, 500x378, DAA7C85B-0313-4FAA-9AA8-A73F660011AB.jpg [View same] [iqdb] [saucenao] [google]
25023048

>>25022976

>> No.25023074
File: 26 KB, 755x687, 1516012653062.jpg [View same] [iqdb] [saucenao] [google]
25023074

>>25022795
Tesla wants a correction before buying 1 trillion USD worth of BTC.
We are all gonna be rich.

>> No.25023085
File: 6 KB, 225x225, 1608377663638.jpg [View same] [iqdb] [saucenao] [google]
25023085

>>25022823
There is no more coins on exchanges much less for otc purchases.

>> No.25023102

Good I can finally buy a proper dip
Some respite from this retarded giant green dildo we've been having

>> No.25023229

>>25022897
Based and high IQ.

>> No.25023309

>>25022795
as if we needed more fud this week
just how hard are we doing to dump ffs

>> No.25023357

>>25023085
Talked to a CPA the other day about paying my alt gains, he said same thing there is a big shortage of Btc, honestly it made me want to sell everything and go into the corn.

>> No.25023383

>>25023085
>”oops we’re all outta coins everyone haha!”
>”wait what, what happened to my coins then?”
This is bullish

>> No.25023406

>>25022938
cute kitty

>> No.25023415

ITS GOIN TA ZERO AAAAAAAAAA

>> No.25023448

Not backed by real BTC

>> No.25023464

>>25022947
hey Peter eater Schiff.

>> No.25023516
File: 28 KB, 479x417, 0gwlv5zqw4q01.jpg [View same] [iqdb] [saucenao] [google]
25023516

>>25022897
This. Never trust Jews when it comes to money. They will use every dirty trick to get it from you. Never fucking sell.

>> No.25023565

>>25023357
>shortage of asset everyone has that You hold
>selling it

Why?

>> No.25023601

>>25023565
he means selling his alts retard

>> No.25023675

>>25023601
Oh

>> No.25023728

>>25022795
It’s because they have a long waitlist. I recently got an email that my allocation that was supposed to happen on Jan 5th is kept on hold until next announcement.

>> No.25023734

If grayscale doesn't sell shares anymore does that mean they have to start liquidating their bitcoin? Is this temporary?

>> No.25023870

Can somebody explain to me why Grayscale is a thing? What's the point? You can just buy BTC yourself lmao

>> No.25023921

>>25023870
Plenty of reasons why someone pays a high fee for GBTC.

>> No.25024064

>>25022963
They aren't dumb boomers, they're just trying to get your bitcoins

>> No.25024253

you retards realize this is because its too popular and they cannot buy enough btc lmao

>> No.25024317

>>25024253
>never trust the fucking ((((juice))))
>but these (((((juice))))) are cool, they’re helping me!

>> No.25024616
File: 26 KB, 923x713, 1531957917325.png [View same] [iqdb] [saucenao] [google]
25024616

>>25023870
Yes I always found it retarded too. Seems like there exists a lot of money that is "legally wrapped" and not free so they need this "legal Crypto wrapper" to be able to invest in it.

Retarded imho. And only a thing because of historical tradition.

>> No.25024695

>>25022795
>We are waiting for institutional investors.
Translation: institutional investors already buying.
>Institutions are are buying tons of crypto!
Translation: already loaded before, jacked to the tits, buy some of our asks bitch
>There seems to be a little slowdown on the market
Translation: holy shit please buy more of our fucking coins, they're going up so much, see?
Next up:
>A significant but expected correction happens as analysts predict a period of slow recovery
Translation: happy laughing on their way to the bank noises
If you heard about it on the news you're already 2 steps behind.

>> No.25024917

>>25023870
You can buy it without cashing out of your IRA and triggering taxes. Boomers will pay any premium you ask for that privilege.

>> No.25025133

>>25024695
>already loaded before, jacked to the tits
do you even understand how much money we are talking about? this is not even the tip of a single hair if total possible exposure would be a whole dog.

>> No.25025311
File: 97 KB, 900x900, 1608135087648.png [View same] [iqdb] [saucenao] [google]
25025311

>>25023357
There was 2.6m coins on exchanges at the start of the year then it went down at a rate of 80k per month and when exchanges hit 1.6m coins left on them the price started to rise hard fast.

Makes me think this are all their clients coins and they are out of liquidity to sell.

>> No.25026077

>>25022795
Jew Tricks TM

>> No.25026192

>>25022963
its actually Coindesk fud.
The JP Morgan announcement is completely unrelated to the halt of greyscale taking in more capital (bullish).
Coindesk just combined 2 unrelated stories into a single headline because of their tribal history.

>> No.25026446

>>25022795
bear market starts today

>> No.25026530

>>25022947
exactly, just like the market.

>> No.25026717

>>25022947
>such a dumbshit he doesn't even understand the announcement.
let me translate.
there is tons of money flowing in
but we can't get enough coins.
if we just keep accepting money than we violate our trust docs that mandates x% goes into btc.
so we need to shutoff inflows until we can start filling pending orders.

>> No.25026760

>>25022795
They are pulling the breakes because the market is collapsing.

>> No.25026779

>>25023870
They're too lazy to learn how to do it themselves.

>> No.25026879
File: 731 KB, 1080x1379, Screenshot_20201129-100515_Gallery.jpg [View same] [iqdb] [saucenao] [google]
25026879

>>25022976

>> No.25026938

>>25022947
he is right anon

>> No.25027184

You mean yes. Unless you are a nocoiner.
They stopped buying because the exchanges are nearly depleted.
This is bullish.
Now look at nocoiner's comments. Comedy at its best. Who will buy stonks to be raped by taxes and fees?

>> No.25027390

>>25022795
> Grayscale periodically closes off its crypto trusts to so-called “private placement” rounds. Such action happened repeatedly to GBTC in Q4 2019 – so the Monday halting is not unheard of.

BTC took a pretty strong dive 2019 Q4. That's enough for me to sell. We're bound to visit sub 20k at least one more time anyway.