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/biz/ - Business & Finance


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55384403 No.55384403 [Reply] [Original]

So let me get this straight, you think all these multi-trillion dollar institutions are applying for Bitcoin ETF just at the moment when a rally to 30k is taking place and they're spreading bullish rumors far and wide, talking about adoption and reserve cryptocurrencies, admitting they were wrong for ignoring crypto etc etd...right now, right at this moment and you think that means the bullrun has begun...you think you will get to offload your bags on blackrock and vanguard? You think its only up from here on now becausethe institutions couldnt hold on any longer and are so bullish on crypto they will front run the rally to new ATH? Is that what you think?

>> No.55384415

As with the previous proposals, including the Previous VanEck Filing, the Commission
here concludes that the record does not support a finding that the bitcoin market is inherently and
uniquely resistant to fraud and manipulation such that the Commission can dispense with the
detection and deterrence of fraud and manipulation provided by a comprehensive surveillancesharing agreement with a regulated market of significant size related to the underlying bitcoin
assets. BZX does not sufficiently contest the presence of possible sources of fraud and
manipulation in the spot bitcoin market that the Commission has identified in previous orders,
including: (1) “wash” trading;55 (2) persons with a dominant position in bitcoin manipulating
bitcoin pricing; (3) hacking of the bitcoin network and trading platforms; (4) malicious control of
the bitcoin network; (5) trading based on material, non-public information (for example, plans of
market participants to significantly increase or decrease their holdings in bitcoin, new sources of
demand for bitcoin, or the decision of a bitcoin-based investment vehicle on how to respond to a
“fork” in the bitcoin blockchain, which would create two different, non-interchangeable types of
bitcoin) or based on the dissemination of false and misleading information; (6) manipulative activity involving purported “stablecoins,” including Tether (USDT); and (7) fraud and
manipulation at bitcoin trading platforms

nothing changed

>> No.55384517

>>55384403
I thought we were offloading our bags on normie and boomer investors who do business with blackrock, not blackrock itself?

>> No.55384818

>>55384517
You are a fucking idiot if you sell now, this is when you buy. Why do you think they even caused the crypto winter faggot? So all these big players could accumulate for cheap, they are greedy ass kikes. They could have paid fair value but just like CZ tweeted out last year "they want to buy for cheap" what the fuck did you think that meant?? It meant the banks and the funds wanted to buy for cheap.
This is your last fucking chance to buy before the real market kicks in at the end of this year.
It is all a game of manipulation to keep retail out and poor, and just like the big players say. You fags are fucking stupid.
Hint the catalyst is the Ripple lawsuit, that's when the game really begins.
Second hint, the lawsuit will "coincidentally" coincide with Blackrocks spot ETF getting approved.
Lawsuit ends first, then the ETF gets approval.

>> No.55384825
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55384825

>>55384818
KEK
you wont give up

>> No.55385641

>>55384818
They didn't cause crypto Winter it just happened. They caused sec fud though

>> No.55385651

>institutions did this and bitcoin gongoup
>institutions did that and bitcoin gongodown
No.
They did nothing other than try to attach themselves to something that happens without their consent and requires no involvment from them to happen.

>> No.55385665

>>55385651
So you agree that there is never going to be a spot etf because this market is just retardedly manipulated by idiots? Good then the retarded spam can stop now