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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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50871475 No.50871475 [Reply] [Original]

https://www.bloomberg.com/news/articles/2022-08-11/blackrock-offers-bitcoin-investing-to-big-institutional-clients

>> No.50871484

>>50871475
>“Despite the steep downturn in the digital-asset market, we are still seeing substantial interest from some institutional clients in how to efficiently and cost-effectively access these assets using our technology and product capabilities,” the company said.

>> No.50871503

>>50871475
They are dumping their btc to institutions and buying more eth?

>> No.50871506
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50871506

>>50871475
BUY SIGNAL HOLY SHIT. THE WORLDS LARGEST ASSET MANAGER IS IN. WE HAVE LARRY FINK NOW

>> No.50871514

>>50871506
He sold a ton of shares a few days ago, buying half the eth nodes :)

>> No.50871625

>>50871475
Was it the gayanons aug5th news btw?

>> No.50871706

>>50871475
Most people can't see the full picture, and to be honest it's not their fault. Bitcoin is going to hit $100,000 in the next years. Probably $500,000 or $1M in a decade. Mainstream hasn't even started buying Bitcoin.

I'd say 99% of biz are future millionaires, but they don't know yet. Actually, they will probably screw it by selling, trading and doing stupid things instead of just holding. That's all you have to do: literally nothing. And that's the most difficult thing to do.

>> No.50871726

why do they need blackrock to invest in bitcoin?
just buy from binance or whatever

>> No.50871746
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50871746

>>50871726
Binance and most exchanges will be bought by big multinational corporations and this will take crypto to the next level. I've been saying this for months.

>> No.50871756

>>50871475
>muh institutional investors
>muh decoupling
Enjoy 5% returns a year if you’re lucky

>> No.50871815

>>50871706
Time is your friend and your enemy too.

>> No.50871827
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50871827

This is what corn being tamed looks like btw

>> No.50871828

>>50871746
This, use cexes!

>> No.50871901

>>50871475
Bitcoin gonna get fucked by big money short sellers

>> No.50872242

>>50871901
yeah I don't understand why anyone thinks it's a good idea to welcome people into crypto who know exactly when the stock market is about to tank

>> No.50872248

fuck the banks, crypto was made to keep them out

>> No.50872282

How does anyone see this as bullish when the most evil person from the most evil corporation on the planet takes an interest in your internet funny money

>> No.50874756

>>50871746
Scary

>> No.50874838

>>50872282
Evil wins in the real world unfortunately

>> No.50875624

>>50871506
Chainlink x Aladdin is the real story

>> No.50875648

>>50872282
go visit your darling puteen you commie piece of shit

>> No.50875675

>>50871726
>why do they need blackrock to invest in bitcoin?

ultra rich boomers have money managers and trustees and use all sorts of different financial products to invest in things. nothings stopping them from using binance either and i'm sure many of them have used things like coinbase or binance in the past but these people are usually (((accredited investors))) and they make a lot of money insider trading with blackrock. if you made good money with blackrock for 2, 3, 4 decades why not keep the ball rolling.

>> No.50875764
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50875764

>>50871506
Hold even more kike bags, faggots