/biz/ - Business & Finance

[Anonymous No.28596624]

Why would ((institutions)) buy bitcoin now when it was $4k last year and fundamentally nothing has changed?

[Anonymous No.28596659]

>>28596624
so they can dump on you at between 60k and 80k
that's 20k-40k profit per bitcoin

[Anonymous No.28596661]

>>28596624
>fundamentals

[Anonymous No.28596679]

>>28596624
>nothing has fundamentally changed

except the global monetary system being on the verge of collapse

you absolute fucking moron

[Anonymous No.28596685]

Supply and demand

[Anonymous No.28596748]

>>28596679

[Anonymous No.28596756]

>>28596624
https://www.coindesk.com/guggenheim-cio-says-bitcoin-could-eventually-climb-to-600000

>Minerd said the firm has been looking at bitcoin for almost 10 years and previously the size of the market “just wasn’t big enough to justify institutional money.”
>However, as the total market cap of bitcoin got bigger – around the time bitcoin’s price passed $10,000 – it started to look “very interesting.”
Institutions always have to join in late, it's safer for them. And they have the money to take over the market, unlike you, the pleb normie.

[Anonymous No.28596782]

>>28596679
Do you just repeat what you read on twitter or do you have any critical thought of your own?

[Anonymous No.28596792]

>>28596021
heres how biz is distributed right now

[Anonymous No.28596800]

Why would anyone buy bitcoin ever when it was $1 several years ago and fundamentally nothing has changed?

It's a greater fool theory coin with the potential but low chance to be memed into digital nu-gold.
Institutions shilling 300K price targets probably mean they intend to dump on baggies in the 60K-200K range.
Bitcoin is a massive pump and dump. Always has been. Whales conspire to deflate and reflate, and parts of wallstreet are now on board with those whales or cocky enough to think they can do it by themselves.

[Anonymous No.28596812]

>>28596624
i'm not highly versed on any of this shit, but there seem to be murmurings of the US ceasing to be the reserve currency. It's not like the institutions that have invested in BTC have gone all in - its a hedge anticipating some possibly drastic change.

[Anonymous No.28596842]

Beacause now everybody is getting stimulus checks and chucking it into dogecoin. People are realizing this is the biggest and most unregulated wealth transfer opportunity.

[Anonymous No.28596859]

>>28596624
THINKS INSTITUTIONS DIDNT BUY AT 4K!!! AAAHAHAHAHAHAHA cough cough wtf is this oh AAAAHAHAHAHAHAHHAA

[Anonymous No.28596967]

>>28596782
do you follow the gold markets? ever heard of bretton woods?

all of you retards and your shitty property are about to get massively devalued against gold to neutralize the gigantic credit card bill we racked up handing out free money this past 12 months

[Anonymous No.28596969]

>>28596624
Because Institutional fags FOMO too.

[Anonymous No.28597115]

They’re not. Even Tesla didn’t buy that top. They just fraudulently reported it late (although I don’t even know if that would be legally considered fraud, but it should be). More likely bought around 10k and the value appreciated to the 1.5 it’s currently reported as. The whole >muh institutions
Is just another meme to lure as many people into buying high as possible before pulling the rug.
>>28596679
Delusion

[Anonymous No.28597158]

>>28596624
Unironically the price needed to be higher in order for them to buy it. At 4k there would have been too much slippage and volatility even buying OTC. Saylor and Elon getting in makes it a lot easier to get in not only because they are making it more norman and acceptable but also because pumping the price higher is going to give them enough liquidity to actually get in with some of their fat bags.

[Anonymous No.28597178]

>>28596969
gmi

[Anonymous No.28597204]

>>28596756
>>28597158
This could actually be somewhat of an argument

[Anonymous No.28597208]

>>28596679
Is this the dumbest person on biz?

[Anonymous No.28597211]

>>28596748
very nice selfie

[Anonymous No.28597212]

>>28596624
They accumulated a long time ago. Over the last couple of months they've been dumping. Buckle up, /biz/anon.

[Anonymous No.28597323]

>>28596679
>the global monetary system being on the verge of collapse
said the increasingly nervous guy for the 100th year in a row

[Anonymous No.28597370]

>>28596624
this is what baffles me, are they trying to buy the top? It's difficult for me to bring myself to buy a coin that others 2x'd on, but fuck institutions buying something that has more than 5x'd, it's basically the hot potato game now, and someone will be bagholding, Greyscale is buying so many shitcoins now, they will be one of the biggest bagholders in history once shit turns around

[Anonymous No.28597403]

>>28596624
Because they are not half as smart as you and the other retards here think. they are just a bunch of greedy kikes who eventually ruin every market.

[Anonymous No.28597492]

Most institutions are not run by some illuminati geniuses. They are full of midwits

[Anonymous No.28597493]

>>28596800
cuz we can. get on our level retail fags

[Anonymous No.28597560]

>>28597370
anon it's been going up for the last 15 years
it could crash to 8k right now
there's going to be retards that keep buying it again
the supply shortage meme is real, institutional reserves is real, store of value is real, digital gold is real, pic related
seriously anon, lose your shitcoins, at least this year, there will always be shitcoins, but what's going to happen this year will be remembered in the history books

[Anonymous No.28597750]

>>28597560
everything suggested in that Tweet is federally illegal

[Anonymous No.28597791]

>>28597750
geez what a buzz kill

[Anonymous No.28597796]

The institutions were the ones pushing the price down, fucktard

[Anonymous No.28597869]

>>28596624
Adoption changed enough for them to hire a team of 3 people to explain what the fuck is going on to them in baby terms.

[Anonymous No.28598110]

"How much u get paid?"

"0.0003 bitcoin an hour"

[Anonymous No.28598231]

>>28596624
Yore a retard OP

[Anonymous No.28598422]

>>28597750
no it isn’t

this thread is full of retards, it’s probably just the usual psychopaths trolling histrionic newfags again. I’m out

[Anonymous No.28598444]

>>28597370
Don't you get it? Someone who bought the absolute top in 2013 still had a huge ROI so long as they held a few years, and in 2017 they got to 20x their investment. Anyone who bought the top in 2017 is at a~2.5x right now, and will go much higher. Point is that even "bagholders" of bitcoin who have the absolute worst timing still end up making huge profits if they just zoom out and be patient.

Guys like Saylor and Greyscale are aware of this and are perfectly happy waiting it out, no different than how boomers put money into their 401ks and don't watch the markets, just let it ride and withdraw decades later.

[Anonymous No.28598445]

>>28596624
Fomo. They don't want to be left behind

[Anonymous No.28598480]

>>28596624
Nothing needs to change. It will be identical in 10 years and cost 500K.

[Anonymous No.28598613]

>>28597492
That and even the high-IQ people who can see where the future is going have an uphill battle because they sitll have to convince all the midwits around them.

Imagine you work for a hedge fund and it's 2015, and you're trying to tell your employers that you want the hedge fund to invest in these fucking bitcorn things. You'd get laughed out of the room. You'd outperform literally everyone else, but nobody will listen or allow it because there's no recognition or social proof.

Now we're reach the time where these things are starting to happen. That's not to say "this time is different", but rather that this time is the same and we'll see similar parabolic growth to 2013 or 2017. People thought the gains would peter out because the marketcap is now too high, but this isn't true. Because higher marketcap means that instead of retail investors pumping each others bags, now it's institutional investors with billions of dollars each pumping those bags. It was always factored into this cycle.

[Anonymous No.28598999]

>>28597370
isn't greyscale buying and reselling to boomers with a fee?

[Anonymous No.28599010]

it's starting..

[Anonymous No.28599095]

>>28599010
does this mean it will crash soon?
i stand to gain an impossible amount if it does.

[Anonymous No.28599225]

>>28596756
This, it’s incredible how /biz/ always forgets that multi billion dollar institutions don’t make money with Hail Marys and moonshots, they will wait until something is a sure bet then buy in. Next you’ll ask why didn’t they buy GRT at $0.8

[Anonymous No.28599333]

>>28599010
the path of least resistance can quickly switch to down and when that happens it goes straight down

[Anonymous No.28599905]

These negative arguments are hilarious when PayPal, MasterCard and Visa and going to be accepting crypto moving forward. And you still think it’s a pump and dump scheme.

If anything this shows that all these companies know Bitcoin value is only going to go up from now on

[Anonymous No.28600082]

>>28599333
according to his TA we will never be under 43k again, i'll short with you if it happens

[Anonymous No.28600241]

>>28596624
the fact that the price went to 40 grand is the fundamentals changing, unironically

[Anonymous No.28600333]

Fundamentals have dramatically changed. Stocks in a bubble, bonds are worthless, gold still in a 10 year long slump, usd set for inflation. Where else would money go?

[Anonymous No.28600405]

of course they bought in with less than 15k.
who you thing pumpin n dumping last 3 years ?

[Anonymous No.28601020]

>>28596679
except the global monetary system being on the verge of collapse you absolute fucking moron.


feelin knowledgeable, witty, well read.

repeating Twitter works!!!
kinda feel like a Chad>>28596782
>>28596967

[Anonymous No.28601063]

>>28600333
it's already in crypto, and everything else, crypto is just another bubble as well

[Anonymous No.28601165]

>>28596624
Because the people bought
THEN the institutions
to boost their own position

[Anonymous No.28601722]

>>28600241
this, its all psychological. the bullrun starts when the price hits 2x the previous ATH, notice how when we broke 20k the only people celebrating were those in crypto. now, its actually getting attention & everyone is starting to FOMO back in, except this time its multi-million dollar hedge funds and companies' corporate treasuries.
If you've seen the Visa & mastercard news and aren't insanely bullish right now, you're fucked in the head and need to re-evaluate your ability to spot multi year trends forming.

[Anonymous No.28601798]

Because a year ago there was no such crisis as it is now. It has always been the case that institutions and ordinary people bought gold despite the fact that for 1000 years nothing has changed in it. Now the world looks completely different, real gold is BitCoin, its value lies in the fact that neither the Fed nor any institution can print it or take control over it. In the future, these things will be the most important when countries introduce their digital currencies, anonymity and privacy will disappear and BitCoin will become the internet gold.

[Anonymous No.28601921]

>>28601798
you can't print gold either retard

[Anonymous No.28602048]

>>28601921
What ?

[Anonymous No.28602054]

>>28598110
No no no, you should say "I get paid 30 THOUSAND SATOSHIS an hour"

[Anonymous No.28602069]

>>28596967
> all of you retards and your shitty property are about to get massively devalued against gold to neutralize the gigantic credit card bill we racked up handing out free money this past 12 months
> past 12 months

Been going on longer than that anon.

[Anonymous No.28602111]

>>28601921
>you can't print gold either retard
Yes you can, retard. Did you even pay attention in high school science class?

>Gold can currently be manufactured in a nuclear reactor by the irradiation of either platinum or mercury. ... Using fast neutrons, the mercury isotope 198Hg, which composes 9.97% of natural mercury, can be converted by splitting off a neutron and becoming 197Hg, which then decays into stable gold.

[Anonymous No.28602147]

>>28596624
i think the institutions are total fags
but i don't want my shitcoin bags to hurt
i'm torn on the issue

[Anonymous No.28602158]

>>28596624
>when it was $4k last
how many people do you think were willing to sell BTC at 4K? Institutions could have bought only a small amount at those price, it would have risen to 15K+ very quickly.

[Anonymous No.28602439]

>>28596624
>Fundamentally nothing has changed
You mean except the fact that bitcoin had a halving?

[Anonymous No.28602489]

>>28596624
They were buying all along. Now they're letting you know for some reason.

[Anonymous No.28602657]

>>28596800
>higher highs every bullrun
>higher lows after every bullrun
You can ride the wave or be a sideline sitting naysayer nocoin faggot. I choose the former.

[Anonymous No.28602712]

>>28597750
You're federally a faggot

[Anonymous No.28602845]

Because the bounce from $4k to $40k proved the Bitcoin-digital-gold thesis. Nocoiners have been absolutely and completely BTFO. There is no argument against a $10,000,000 bitcoin now. Its just a matter of how long everyone realizes it. Any entry into bitcoin under $1,000,000 is a fucking steal.

[Anonymous No.28602999]

>>28596624
because btc is lindy now

[Anonymous No.28603058]

>>28596679
I find if concerning the amount of backlash this post has generated. He's right. MMT is totally fucked and they are printing fiat to pay debts issued in the same fiat and say because of that debt doesn't matter. Literally attempting to hyperinflate debt away (and failing to).

Fuck me though I'm just some asshole go read about exactly what the BRRRRRRRR meme is in reality and rub both your brain cells together to derive consequence from that. It has failed several times in recent history the USD just strong af so it takes more to break it.

[Anonymous No.28603341]

>>28600333
Nothing about bitcoin has changed though. The rest has, ok, but btc hasn't

[Anonymous No.28603512]

>>28603058

> backlash goncerning
I'd love to hear why you feel this way - I'd hazard a guess at "because it shows how hostile some people are when their 'system' is called fat and ugly and dumb".
> inflating away debt / hyperinflation in general
Genuinely curious to know what you think about this in further detail.
> usd strong but will definitely break from this
Please expand.

I know you don't owe me a reply, but I'd honestly like to hear your thoughts on the above.

Cheers cunt.

[Anonymous No.28603542]

>>28596679
>He used the word global
Anyone else realize fully that America is fucked by every other metric compared to Europe; but when it comes to the markets you know you just can’t take their little jealous tantrums seriously.

[Anonymous No.28603838]

>>28603058
This. It’s pretty obvious a lot of this is happening in relation to the great reset “Meme World Order” take over. The fed carelessly inflating the shit out of the USD and multiple “le funny” globalists shilling the hell out of BTC is definitely cause for concern.

[Anonymous No.28603993]

>>28600241
this guy gets it

[Anonymous No.28604076]

>>28602845
Seems way too high now, no telling it the Chinese governments wants few more carriers and decides to sell 5 million coins.

This specific site called people idiots when bitcoin had its crash 2 years ago saying it was over.

[Anonymous No.28604156]

>>28596679
Can you remind me what happened to bitcoin on March 2020?

[Anonymous No.28604195]

>>28596624
Who is buying other than Tesla which is a bubble itself?

[Anonymous No.28604307]

>>28604076
No it's way too low. With all the printing going on you can't be in USD or any other major currency. I feel like they're deliberately destroying the dollar to make way for a new digital global currency controlled by central banks. All part of "The Great Reset".

[Anonymous No.28604379]

>>28596624
ARKW is taking off because of it. Are there any other ETFs with exposure to Grayscale?

[Anonymous No.28604810]

>>28604076
>way too high

[Anonymous No.28604852]

>>28596624
awareness

[Anonymous No.28604906]

>>28602111
Is that... is that high school level...?

[Anonymous No.28604979]

>>28596679
>currency debased by 50% in the span of 12 months and handed off directly to the richest institutions and people in the world
>they are all in a frenzy to snap up as many assets as they can and get out of usd even as they are handed unlimited amounts of it
>although everything is rapidly rising as a result, indexes are still not keeping up with the supply increase, and certain assets that are limited grow exponentially instead
It's fine, this is fine.

[Anonymous No.28604999]

>>28596624
Something changed my brother in law owns a financial consulting firms they pair healthcare pensions with hedge funds basically and in November said they started pairing with non traditional hedges like block tower and pantera capital... so something changed

[Anonymous No.28605129]

>>28596967
stay in your general faggot, this debt is never getting paid off only kicked down further until we replace it with negative interest rates and CBDCs.

[Anonymous No.28605221]

>>28600333
>gold still in a 10 year long slump

perfect time to buy

[Anonymous No.28605227]

>>28596624
Monetary goods behave opposite to most economic goods. Supply of bitcoin is unaffected by price due to difficulty adjustments, and demand goes up with price. Institutions are more comfortable buying when bitcoin is more mainstream, has a higher market cap, more liquidity, etc. So the price going up will drive the price up even more.

[Anonymous No.28605380]

>>28596624
They won't. Bitcoin is a digital pet rock

[Anonymous No.28605387]

>>28604906
Outside of USA people are learning nuclear physics in school instead of Holocaust.

[Anonymous No.28605417]

>>28596679
This
Midwits triggered by your post. Something about twitter, who cares though.

[Anonymous No.28605453]

>>28597560
>paying people in Bitcoin
Ah yes, we'll pay you one bitcoin per year. Oh what's that? Bitcoin tanked and now you're only getting paid 5k a year? Sorry son, you signed a contract now didn't you?

[Anonymous No.28605545]

>>28604979
I still believe it's all very intentional though, since most nations will replace their current fiat with an official digital currency in the near future.
A currency crisis only helps them with that kind of reset.

[Anonymous No.28606237]

>>28605453
This isn't how it should work, the bitcoins you get should be calculated against the dollar. But it's a dumb idea anyway.

[Anonymous No.28606305]

>>28606237
Then what's the point. Just pay me in dollars.

[Anonymous No.28606377]

>>28597211
>I know what you are but what am I

[Anonymous No.28606600]

>>28606377
is this instagram?
why are you guys posting these

[Anonymous No.28606628]

>>28606237
Kek

[Anonymous No.28606805]

>>28605453

That's fine as long as everything else is priced in btc / sats as well. So if you make 100k sats/year and a gallon of milk cost 4 stats, who cares how many dollars are trading vs btc at that point?

[Anonymous No.28606889]

Because the normies are priced out.
A normie cant buy a whole bitcoin now, but a institution can, and they buy many.
If the slaves are out, their masters step in.

[Anonymous No.28606964]

>>28596624
institutions can FOMO too

[Anonymous No.28607292]

>>28606889
so? they can buy half and it makes no diff

[Anonymous No.28607504]

>>28606964
You think retail individuals are smarter than them?

[Anonymous No.28607514]

>>28596659
>>28597212
the target was 55k to 80k at the start of the bullrun, but now it looks more like 80-90k with updated data senpai

[Anonymous No.28607667]

>>28596624
Because Bitcoin is supposed to be "Digital gold" which distracts from real gold and silver. Crypto relies on the blockchain working efficiently, the existence of the internet, electrical transmission grid, and no censorship using either of those two through cutting off internet or power access.

Silver and gold relies on you holding it in your hand. There are currently developing shortages on $1000oz bars. Premiums are almost a dollar/oz when normally they are $0.10/oz. You have to wait a month or more to get them. This is for industrial and financial level supply. It's happening
https://www.youtube.com/watch?v=pR2bJn44tSk

[Anonymous No.28607745]

>>28607292
It does. Any 5% fall will cause panic to them.
You dont understand master morality.

[Anonymous No.28608241]

>>28607504
many were buying sub $100 while institutions were nowhere to be seen, so yes

[Anonymous No.28608312]

>>28603512
>I'd love to hear why you feel this way - I'd hazard a guess at "because it shows how hostile some people are when their 'system' is called fat and ugly and dumb".

Basically that. The either overprotective reaction of "lol MY fiat can't fail" or condescending "lol ur dum" replies are a tell. Either ignorance of history or ignorance of finance.

t. Actually in the field

>Genuinely curious to know what you think about this in further detail.

Way simpler than people make it out to be. When you increase the money supply on fiat currency you devalue the currency. Look up gold prices for the last 100 years and see what happened when we took USD off the gold standard. Gold is gold, that isn't gold getting more valuable over time with the price increasing... you are actually witnessing the USD devalue. Look into how exactly MMT works and why they think debt doesn't matter and reach your own conclusions.

>Please expand.

Just the USD is the world reserve currency of the largest economy on Earth. That makes it strong but it is still fiat we are full BRRRRRR on. When it goes down EVERYTHING fiat goes down. Thats what the original post I replied to implied but he didn't spoon feed it. There's insane Dunning-kruger going on in the replies.

I know you don't owe me a reply, but I'd honestly like to hear your thoughts on the above.

Cheers cunt.

[Anonymous No.28608436]

>Why would ((institutions)) buy bitcoin now when it was $4k last year and fundamentally nothing has changed?
This is a pretty good question once you take it to the general case and from what I can tell, there are some people who won't buy a thing if the price is too low. They'll wait until the price is VERY HIGH before buying it. It's strange but I don't think anyone's created a theory to explain it yet.

[Anonymous No.28609043]

>>28608436
Its the way the elite thinks.
You know, they actually print the fiat money normies use in their daily lives.
So they have a infinite amount of it.
For them, what matters is not the price, but the power. And there is no power when you share your gains with the slaves. So the slaves are priced out and seething, this is the time the masters go in.
Those who got earlier are smart people. These the masters turn into a new middle class eventually. Thats why there is a "pandemic", the objective is to wipe out the current middle class, made mostly of boomers who own property.

[Anonymous No.28609592]

>>28608241
that wasn't smart that was just incels gambling

[Anonymous No.28609774]

>>28609592
and institutions buying now arent gambling?
>wasn't smart
making 500x returns isnt smart?

[Anonymous No.28609781]

>>28608312

Appreciate the response, fren.
It makes me somewhat uncomfortable to say this - I believe I have a basic understanding of what you've described, and I generally feel the same way - I've felt this way for some time; MMT & Keynesian-Kikery is nothing but an archaic system which, while being vastly useful in the distant past, has since been frankenstein'd to work alongside groundbreaking technological advances (cryptography and computational power, as a cornerstone). We are witnessing the birth of new and novel ideas for the managing and transfer of value - these new systems are by no means perfect, but they're quite obviously being erected in such a way that, over time, more and more people are coming to the understanding that we are currently working within an old, dying system. Distributed computation and verification stands next to the decrepit monstrosity that is our legacy models and looks down in disgust, but also a degree of understanding - all things must come to an end.

>I know you don't owe me a reply, but I'd honestly like to hear your thoughts on the above.

I'm phone-posting and the above took way too long, apologies for the lack of conversational propulsion, but those are my immediate, tired, thumb-typed thoughts.

[Anonymous No.28609882]

>>28596624
bc they didnt know about it until the first bull run and they didnt give a shit until the 2nd one started

[Anonymous No.28610181]

>>28609043
Well I'm also thinking of me personally, I'm just a normal poorfag but I didn't buy into BTC back in 2009 when I first heard about it, I waited until just after the crash in 2018. Then I didn't buy LINK when it was $4, I waited until it was $18. I think I finally fixed myself with PNK but why did I wait so long to buy BTC? I don't really understand it. And it doesn't seem to be just my problem, tons of people will wait until there's an obvious bubble before they pay attention to something or consider buying it. I can only imagine that there's a bias against buying things if they seem too cheap.

[Anonymous No.28610577]

So do I buy precious metals or crypto

[Anonymous No.28610851]

>>28610577
Buy crypto. Big bank on your side they buy crypto. Crypto good it go up soon big bank buy crypto

[Anonymous No.28611078]

>>28610181
There is, which is why most people suck in the markets, they want to wait for institutions to give them permission to buy, and by then the best entries are long gone. Now buy CFIIW THBRW and ANDAW (SPACwarrants)

[Anonymous No.28611311]

>>28596679
So much hate on this post, how is everyone being leveraged up to the fucking tits on everything a sign of stability?

I'm riding the bull run too but don't all act like this is normal or healthy.

[Anonymous No.28611654]

>>28604999

Nice, good intel, fren.

[Anonymous No.28611749]

>>28605545
If you explore that route the whole GME/Robinhood thing is incredibly convenient if you want to present a usecase for DeFi and the use of smart contracts.

[Anonymous No.28611796]

>>28596624
So they can say it was a life raft when the crash hits

[Anonymous No.28612066]

>>28611749
Yeah, at this point they just start naked selling and shorting whatever retail investors get into while making articles blaming them for it and threatening to get regulators involved on them.
Scaring away the new money means they have complete control over when the bubble bursts by just not constantly injecting freshly authorized fiat, while also making sure average people have less assets to leverage later.

[Anonymous No.28612073]

>>28596679
correct
>>28596748
>>28596782
>>28597115
>>28597208
>>28597323
>>28601020
frogs in a pot

[Anonymous No.28612280]

>>28606805
You may as well trade in Belle Daphne's bath-water (BDBW) at that point. No other bath water has that mixture of her DNA, bath shit and water additives. It's unforgable, easy to transport and fungible. Here's the problem
>buy gallon of milk with 1 millilitre of BDBW
>farmer needs to pay farmhands in BDBW
>farmer needs to pay milking machine mechanic in BDBW
>farmer needs to pay milk truck driver in BDBW
>milk bottling plant needs to pay workers and buy equipment with BDBW
If anyone in those groups doesn't take BDBW, you can't have a gallon of milk.
A M P L
M
P
L

[Anonymous No.28612584]

>>28596624
Price go up because price go up.

That's how the market actually works everything else is just cope/political bias.

[Anonymous No.28612646]

We happened.

[Anonymous No.28612792]

>>28604906
Why aren't there any gold synthesis mining companies? All I see are regular mining companies

[Anonymous No.28612987]

>>28602111
Why aren't there any gold synthesis mining companies? All I see are regular mining companies

[Anonymous No.28613071]

>>28597158

Truth.

Anyone who has brought low market cap crypto will know what happens if someone buys $500 - $1000 of it at market price. The price spikes. Institutions like to buy in large quantities.

[Anonymous No.28613188]

>>28607514
Yes we need account dyx going to shitter.

[Anonymous No.28613257]

>>28599225

Exactly.

/biz/ seems to think that institutions are looking think like posters on /biz/.

They don't have a thousands to invest in a market, they have 7 to 8 figures.

[Anonymous No.28613331]

>>28596659
This is the plan isn't it. All the big banks and institutions trying to tell us to buy bitcoin, we're just their little pump pigs.

[Anonymous No.28614525]

>>28612584
This. Newfags think we’re going up because muh fundamentals and not speculation. Crypto basically mirrors the stock market 90 percent of the time when it’s not in a bull market or bear market. Just look at the charts.

[Anonymous No.28615491]

bump

[Anonymous No.28615663]

>>28615378
Its coming

[Anonymous No.28615807]

>>28613331
I dont understand whats so hard to understand about bitcoin being the best long term play in history, banks dont have an attention span if 3 months you sperg, if btc dumps it will still be higher their entry price in 4 years, it has proved this time after time, what the fuck is so hard to get here

[Anonymous No.28615814]

>>28596624
>fundamentally nothing has changed
Tell that to the Fed that has been injecting billions of not trillions into the fiat market

[Anonymous No.28616774]

bump

[Anonymous No.28617774]

>>28603341
>thinks that’s a bad thing
either retarded or low tier bait either way fuck off

[Anonymous No.28617854]

>>28602657
You only cash out in fiat like a pleb
True crypto chads take profits in gold and silver

[Anonymous No.28618281]

>>28617774
You have reading comprehension of a 5 year old

[Anonymous No.28618495]

>>28609781
You get it. Crypto, gold, and real estate accumulation for the long-term imo. Equities prices will inflate with BRRRRR as earnings increase so that's relatively safe as well barring full fiat collapse. I personally barbell it with both, the diversification can't hurt. For stocks you still own a portion of the company as well, so if USD gets replaced and the process isn't completely fucked the pricing will just adopt the new currency.

The funny thing to me in current finance environment is bonds and other fixed equity are actually the least safe with negative rates and inflation. I am 500k, 0% bonds/FI. The rules changed faster than the port managers could keep up with.

You're prolly gunna make it since you have your ear to the ground anon. Good on you.

[Anonymous No.28618786]

>>28596679
imagine retards with some rando degree thinking they know enough about an economic system to predict a collapse when its run by the most powerful state in existence which is the capital flight destination of the world whose system is run by life-long bureaucratic professionals.

Stick to your crypto, don't presume you know much about economics because you can watch a smallcap go wee wee

[Anonymous No.28619676]

>>28605380
Bitcoin is a digital pet rock
Gold is a pet rock

Which is better?