/biz/ - Business & Finance

[Anonymous No.55397961]

>be BlackRock
>be the first to be approved for a spot BTC ETF by the (((SEC)))
>huge demand on the US markets for the ETF pumps BlackRock's cash reserves
>BlackRock buys BTC spot with the cash for the ETF
>BTC ETF becomes a staple product of all boomer 401k's
>BlackRock buys even more BTC for the ETF
>r/buttcoin finally capitulates and buys BTC ETF (they're too dumb/gay to buy spot BTC)
>BlackRock now has by far the largest bag of BTC (((locked))) in their wallets
>BTC price peaks over 1M USD per corn
>BlackRock now dominates the BTC spot market and is the dominant market maker
>tfw (((they))) can now set the BTC price
>BTC has now become like gold, the spot market is cornered by BlackRock and the futures market is used to manipulate the price
>BlackRock shorts BTC futures
>catastrophic dump on the spot market causes the price to plummet
>boomers and redditors lose everything and baggies sell whatever spot corns they have left
>BlackRock buys the dip
>be me
>see all this coming
>I sodled the top and watch as Bitcorn is tamed forever by (((them))), albeit at the cost of making me rich
Tell me why this can't happen.

[Anonymous No.55397981]

>>55397961
>just bankrupt everyone to get all the corns brooo
What's point of having all of the hash marks in mad max?

[Anonymous No.55397990]

>>55397981
Because they win either way. They short the top and then buy the bottom and BTC is finally tamed forever, never again rising in USD terms.

[Anonymous No.55398033]

>>55397981
Because they're jews, money is for them what sugar/drugs/sex is for humans

[Anonymous No.55398130]

>>55397961
Easy - I will sell at the top Anon. Now imagine a world without deflationary currency and only fiat. Dumb nigger

[Anonymous No.55398178]

>>55398130
Not an argument, unironically. Nigger.

[Anonymous No.55398235]

>>55397961
This is it. The way they take the markets is to pump it up. The bigger a market gets the more stable it becomes, with less volatility there will be less opportunity to make massive gains. We will have literally only one more bullrun to make it

[Anonymous No.55399340]

>>55397961
>manipulate the price
price has nothing to do with the BFT
which is all that matters in the network

but of course, you didn't know that

[Anonymous No.55399348]

next, this retarded frogposter is going to ask
>BFT?

what a complete fucking retard

[Anonymous No.55399364]

>>55398033
wrong
jews love 1 thing above all else
they love this thing so much that it's their first covenant with their god


chewing
baby
foreskin
and
sucking
the
blood

jews are literally an ethnic cult founded on gang molesting all their males as infants

[Anonymous No.55399637]

>>55399340
>>55399348
BFT doesn't matter. I'm talking about controlling the price retard, not hijacking and hardforking the network. All you need to do to get normies to not buy BTC is stop number from going up. Then BTC stays an obscure curiosity and not a replacement for the financial system. Doesn't matter that the network still works.

[Anonymous No.55399705]

>>55397961
it's going to happen.

[Anonymous No.55399740]

>>55397961
They're going to use that ETF to manipulate Bitcoin identically to how they use GLD and SLV to manipulate gold and silver.

[Anonymous No.55399748]

>>55399740
Yeah once Btc hits the mcap of gold/silver they’ll start manipulating it. As of now it still has alot of pumping to do

[Anonymous No.55399802]

>>55397961
>they manipulate the price upwards so i can sell
And?

[Anonymous No.55399849]

>>55399802
>tranny has bad reading comprehension
Not surprised. The price pumps because they need to buy a lot of bitcorn with investor funds to corner the market. Then after that they can manipulate the price. Probably downward because (((reasons))).

[Anonymous No.55399941]

>>55399740
>They're going to use that ETF to manipulate Bitcoin identically to how they use GLD and SLV to manipulate gold and silver.
(((they))) only paper trade precious metals (particularly silver) because they can’t touch it. It’ll melt right thru their hands.

[Anonymous No.55399976]

XMR chads be like lol lmao

[Anonymous No.55399991]

>>55399976
Whoa this is actually a good idea. When this happens I'll atomic swap my BTC to XMR. Thanks Chad.

[Anonymous No.55399995]

>>55397961
Because a retard like you came up with it.

[Anonymous No.55400000]

>>55399637
BTC isn't in competition with the financial system, but with fiat

[Anonymous No.55400010]

>>55399740
Metals are easier to manipulate because physical settlement is expensive

[Anonymous No.55400041]

>>55399995
Cope
>>55400000
Nice digits but fiat IS the financial system. If we had sound money there wouldn't be a need for massive derivatives markets because banks could make enough based on interest rates. Fiat leads to financialization due to distortions of the supply and demand dynamics of the currency.

[Anonymous No.55400529]

>>55400000
You gay

[Anonymous No.55400550]

>>55399991
so close!
>>55399995
come on!
>>55400000
oooooooh

[Anonymous No.55400556]

>>55397961
Because you're a drooling retard

[Anonymous No.55400581]

>>55397981
Because your biggest competition losing is the same as you winning.

[Anonymous No.55400616]

>>55397961
I heard Blackrock is getting all the silk road coins for 90% off.

[Anonymous No.55400733]

>>55400556
Cope more brainlet.

[Anonymous No.55400739]

this is why bch will win