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55356733 No.55356733 [Reply] [Original]

On June 15, they went ahead and submitted an application for a Bitcoin spot ETF.
>If approved, it could open up a whole new realm of investment opportunities for folks wanting to get into the Bitcoin game through traditional financial channels. But there are still some questions lingering regarding the likelihood of the application's success and BlackRock's underlying motives. What do you think of it anon?

>> No.55356738

Piss off!

>> No.55356743

>>55356733
Baggies think it'll mean blackrock will just buy and hodl like some redditcuck. In reality, they'll just treat like any of their other assets and just swing it between crab ranges for eternity to extract stop-hunt profits

>> No.55356757

>folks
kys is what I think, faggot

>> No.55357218

>>55356738
Relax, come on

>> No.55357319

>>55356757
Imagine the smell

>> No.55357807

>>55356743
Lol. That's what am thinking

>> No.55357866

>>55357218
No. Fuck you with this boomer crap. Has anyone of you faggots learned anything. It's pr. They only want liquidity, don't give them what they want you idiots

>> No.55358395

Then they can dump on us

>> No.55358736

>>55357866
Lol. I know what you meant

>> No.55358988
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55358988

>>55356733
BlackRock move provided some respite to major tokens such as Polygon Network’s MATIC and Cardano’s ADA. The other's are still shit.

>> No.55359069

>>55356733
they will make owning "real" btc as unattractive as possible. they will do so by making it impossible for normies to get in, or to cash out

bitcoin is toast.

>> No.55359163

>>55359069
You got no point schizo fag, they'll only make investing in real-life projects worthwhile. They're asset managers remember.

>> No.55359196

>>55356733
I think Gensler will be sweating by now. The chances that Blackrock lawyers make mistakes in their application are zero.

>> No.55359225

… and if he denies it, shit will hit the fan… for him.

>> No.55359380

>>55359196
That's only if BlackRock has offer Bitcoin ETF as plan.

>> No.55359485

>>55359380
They clearly do. Or else they‘d lose face in front of investors and the entire world really, if they got denied - even more so if denied unjustifiedly

>> No.55359532
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55359532

>>55359485
There are always options out there. Imagine investing in a project that opens up a broader range of investment options for individuals globally by enables fractional ownership of assets

>> No.55359654

>>55359163
bro, you have 0.0235 btc and hope to get rich, you are the schizo fag, lol

>> No.55359853

>>55359654
Forget about quick riches, anon! Bitcoin might not be the shortcut to instant wealth. Instead, consider the potential of real-world assets

>> No.55359900
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55359900

>>55356733
straight to 100k, no stops

>> No.55359947

>>55359900
Kek too early to expect such boom now.. But yes theyre the things that will actually boom the cycle after the next cycle especially for investors with varying portfolios

>> No.55359994

>>55359163
Is that what you think?

>> No.55360005

>>55359947
its good enough to be a catalyst

>> No.55360007

>>55359994
That is reality anon. MATIC and ADA has been pumping as a result. I expected polygon DeFi projects like MNI to follow suit as they're building more features on the Polygon network.

>> No.55360043

>>55359532
It's an untapped market, anon. Until this fractional ownership notion was in place, most degens couldn't get their hands on substantial assets.

>> No.55360127

>>55360043
We've been navigating the crypto market just fine without becoming fractional owners of every damn project. What matters most is the flow of liquidity and making smart moves

>> No.55360299

>>55360127
kek, anything without DAO is sh*t, Fag. It gives normies the opportunity to participate in the platform's development and management.

>> No.55360512

>>55360299
The support from the community is absolutely amazing, with top-notch encouragement all around. Plus, when you stake your NFE, you earn an APR pegged to USD. The DAO space is crucial but the potential dominance of whales could become a concern.

>> No.55360763
File: 18 KB, 620x343, images - 2023-06-21T201811.272.jpg [View same] [iqdb] [saucenao] [google]
55360763

>>55360512
You hit the nail on the head! In the crypto space, it's essential to prioritize real-world revenues over those tempting high APYs that seem too good to be true. It's all about being safe rather than sorry.
Transparency is the name of the game kek.

>> No.55360764

>>55360007
Matic will dump so hard after Celsius converts their position into ETH and BTC. They have made it clear to the public that they won't be dealing with any other assets except bitcoin and eth. Sell off, Mafaso.

>> No.55360799

>>55360512
All DAO systems are full of manipulation. There is no defined and consistent approach to averting whale manipulation. I abhor the few I've come in contact with. They're all sh*t, believe me or not, except the otherwise is justified through reasonable claim, basis, and approach.

>> No.55360816

>>55356743
i am fully expecting this and in turn they will make btc less interesting but injecting a lot of liquidity into the space to manipulate the price as long as a free exchange still exists
this will then result in another blowout alt season as blackcock cant trade these securities yet and retail plus old whales can still make fomo rips
just sell before the rugpull
i am only getting worried about these etfs if all retail is banned from real exchanges

>> No.55360844

>>55360512
>>55360299
>>55360127
>>55360043
do your jobs trannitors

>> No.55361001

>>55360763
is this even actually working?

>> No.55361013

>>55360764
Don't overlook the potential of Polygon DeFi projects and other altcoins. Things can turn around real quick in this wild crypto world

>> No.55361042

>>55360844
shit only works when a billionaire mentions it, it doesn't matter if they have good or bad stuff. Grow up anon

>> No.55361052
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55361052

>>55356733
is the ETF fully collateralized or will they be running derivatives behind it?

already the ESG mandate has polluted the programming field, its social technolology, so crowding those who dont think their genitals are relevant to programming are going to change the character of the technology

>> No.55361069

>>55358988
>>55359532
>>55359853
>>55359947
>>55360007
>>55360043
>>55360127
>>55360299
>>55360512
>>55360512
>>55360763
>>55361013
>ChatJeetPT
It is so unbelievably over for 4Channel dot org

>> No.55361116

>>55359947
A diversified portfolio is based anon, that is how the real chads make profits. I currently have eyes on AI and NFEs as sectors that would gain mass adoption in the coming months.

>> No.55361270

>>55361069
Maybe you need to pop some meds 'cause you're totally lost here. I mean, seriously, you have no clue what you're talking about.
>>55361116
Well, in the vast crypto space, there's no shortage of ways to try and earn some gains. It's like a never-ending hunt for opportunities.

>> No.55361416
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55361416

>>55360007
RWA tokenization is an absolute goldmine right now, & normies are hopping on the bandwagon.