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

/biz/ - Business & Finance


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57267100 No.57267100 [Reply] [Original]

I get it, they do it with gold, but since BTC is completely transparent and a blockchain, we will physically see giant accumulating wallets that will coincide with the balance sheets of the companies.

Say within 6 months Blackrock says it has 100b in btc? We go and check and see that no such wallet exists... boom they get audited and fucked, potentially fucking their gold scheme and other paper manipulation markets.

I will repeat, they cannot physically sell paper BTC without people noticing almost immediately.

Now, as to when they buy, perhaps it's once a week, or every few days, that's their business. But they will soon learn that it their clients buy in at 46k, and they wait a week and then have to buy on the market at 50k, they're going to have massive losses. But buy they must. There is no way for them to hide those BTC purchases.

We can all literally see every single bitcoin in existence right now. I also expect the SEC to simply have them post the custodial wallet addresses publicly.

Anyone holding alts rn is a retard, even ETH isn't going to pump like BTC. BTC is going parabolic as they have to fulfill the buy orders. Expecf 80-90% market dominance of BTC within 2 weeks.

You've been warned, this is the only reason you come to biz, for tips like this. I will repeat, all in on BTC because when the actual buying starts of shares that they sold their clients, its going to go parabolic reaaaaly fucking fast. Then engage media hype, then engage fomo, then engage international money, then engage the halving.

BTC will be well above 1m by May.

>> No.57267120

>>57267100
They have already been buying this whole bullrun

>> No.57267138

Blackrock doesn't have gains or loses from BTC, it is their investors money. They just rake in the fees.

>> No.57267156

>>57267120
No. It's been the ceos, the Larry Finks of the world. Those who knew this is going to go sky high and wanted to make money off of it.

You best believe Larry put in 50m+ into BTC before he even publicly endorsed it. He can be laid off as ceo, but his own money is going to make him a fuckload.

Big boys are indeed why it spiked in 2023, slowly and steadily, they didn't want to make any moves as people sold and they quietly scooped up.

I'm expecting that a few short bursts right now with our anus tight liquidity will cause it to go past ATH then major media attention+etf availability kicks off a golden golden bullrun.

Imagine when the boomers of the world all say in unioson "eh what the heck, ill buy a single bitcoin, why not".

But there's 100m boomers and only 19m BTC, and only 2.1m on the open market.

The boomers have never experienced actual fomo, but when they do? Entire pensions are going into BTC at 500k/ea, because they're convinced that it's going to 1m etc.

Yall severely underestimate that boomers are 1. Retarded
2. Easily led by the MSM
3. Have 80T or so in assets
4. Susceptible to fomo.

Again, only 20m boomers can even own a single bitcoin. So when the price spikes to say 1m. The Walter's and Herbert's of the country will put 5m into it to get 5 etc, they literally won't stop, and unlike us, they're slow af and patient. They'll hold for a few years at least.

5m BTC by 2026 is reasonable, 1-2m by June.

>> No.57267159

>>57267120
This. And before.

>> No.57267174

>>57267156
Biggest top signal I've seen recently

>> No.57267178

No.

>> No.57267192

>>57267138
No.

They are currently selling them at 46k and not buying on the market, in the hopes that the market drops and they can swoop in and buy at 43k. Boom profit for Blackrock

They can also lose money if they sell the etfs at 46k and wait a week and the price goes up, then they have to buy it on the open market at a loss to Blackrock, not the client.

I explained in OP why they cannot simply issue paper etfs, because it would be very quickly found out, hyper quickly.

So they literally have to back 1:1 and their profit/loss will depend on if they can buy it on the market for less than they sold the ETF for, or more.

>> No.57267195

>>57267156
Wow bros I just bought at market price after reading this wagmi based and red pilled hale hortler

>> No.57267207

>>57267195
I will shit into your anus until you puke

>> No.57267210

>>57267156
1mi, lol

there's no real economy for this amount. People need to sell gold and stocks to have money for this.

>> No.57267246

>>57267210
36.7 trillion in stocks bonds and forex in retirement accounts right now.

That's what the SEC just approved.

You call up your Blackrock Roth IRA and tell them to sell your Amazon stock and buy bitcoin, and because it's Roth IRA, it's tax free purchases of bitcoin.

It's not just IRAs, literally all retirement accounts can now have tax free access to bitcoin. Thats 36.7T in cash.

We're talking about 1-2m, which is a 20T valuation, but we all know that mcap doesn't mean shit, it's the % traded that matters, and that % is gonna go down and down and down as boomers buy up slowly but surely.

Yall have to realize that it's in the interests of literally the entirety of the MSM to buy some up right now and then shill the fuck out of it. Which they will. For personal gain as well as because their parent companies Blackrock and Fidelity suddenly found a golden goose of bitcoin fees and will command the MSM to push that narrative

>> No.57267262
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57267262

>>57267100
>I will repeat, they cannot physically sell paper BTC without people noticing almost immediately.
Wrong

>> No.57267273

>>57267246
That’s a lot of words just to say “yeah guys i know I said the price would gigacandle yesterday but it hasnt yet and here’s the fantasy explanation of why it hasnt its all because the boomers are going to make me rich everyone else is stupid except me that’s why I’m already a Forbes top 10 richest person and not a sad loser posting cope on 4chan pleaseeeee”

>> No.57267281

>>57267100
You do know that all these friendly banker friends of yours just filed brand new ETFs yesterday that will have the Spot ETF as their underlying right? Those derivatives can be issued ad infinitum to suck liquidity out of the actual spot ETFs, all while our best buddies Justin and Tether are scrambling to convert their $96billion dollar hole into actual cash before the feds sweep in

>> No.57267287

>>57267262
How?

Fill me in, Boss.

How would you do it if they hires you?

>> No.57267303

>>57267246
it is rather bullish, yes. talking about this recently I’ve found that most people in btc space aren’t familiar with retirement accounts.

>> No.57267312
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57267312

>>57267287
You sell unbacked claims to retail suckers who sure as shit aren't going to self custody because of the high fees.

>> No.57267322
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57267322

>they do it with gold
They don't. Meaningful protracted market manipulation is impossible, "paper gold" is shiney rock fetishist fantasy driven by misunderstanding futures contracts, gold has performed fine, 45x since '71 while monetary expansion has been 42x, very respectable for something with 2% annual mining inflation.

>> No.57267323

>>57267192
and tell me sir, what is the address of this 'wallet'?

>> No.57267324

ITT: bobo larping as a reddit mumu to bait gullible anons
dont fall for his tricks. this is what maximum bobo cope looks like. he's been completely broken

>> No.57267346

>>57267156
>20m boomers can even own a single bitcoin
Even less, 5m or so BTC are lost

>> No.57267349
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57267349

>>57267100
DEXes are selling you non existant claims for a decade.

>> No.57267355

>>57267156
Kek

>> No.57267598

>>57267100
Is 3 BTC enough to make it?

>> No.57267608

>>57267598
short term no long term probably.

>> No.57267705
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57267705

>>57267100
Sending you energy of manifestation. I am making this a mantra. Lets ask for their public wallet address. I want to see the transactions and when they were done. Transparent blockchain ledger backed by NSA SHA256. Lets make this shit happen. There is a reason ransomwares are being traded through bitcoin and not by anything else. Not your keys not your coins you faggots. Send that number and make it orbit.

>> No.57267717

>>57267210
You are an idiot. You can still purchase ten USD worth of bitcoin mouth breather

>> No.57267723

>>57267100
Based Farscape fan

>> No.57267836
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57267836

>>57267100
No coiner here, I've been watching the etf wars for a while now on this board and will truly flip out if you retards end up being right, theres no shot. I've long thought crypto was retarded but have been fucked by that belief in the past (couldve bought for 2016 lows). Still I will not buy BTC, I just refuse to believe that something leading to such ultimate financial success could be construed and earned by 4chan degens. Will keep watching. No shot this garbage happens.. but even now saying that I would NOT have believed BTC would ever go above 10k so wtaf

>> No.57267859

>>57267836
kncminer here. Meaning I made it nocoiner. Remember when we told you to buy them and seethe when you know anons are right. Especially the ones living the neet life

>> No.57267867

>>57267195
>wagmi based and red pilled hale hortler
This but unironically

>> No.57267880

>>57267303
I thought the NEET thing was a meme but I think it's actually true. Most people in crypto have never had a real job with a 401k.
>>57267836
You're ngmi, fren.

>> No.57268979

>>57267100
>We go and check and see that no such wallet exists..
they can use multiple wallets.

>> No.57269056

>>57267156
>free real estate

>> No.57269070

>>57267156
larry fink isn't in it for personal wealth, he has more than he could ever spend.
he wants power and societal control.

>> No.57269076

>>57268979
they'll need to show corresponding wallets for all their holdings

>> No.57269271

>>57267192
>They are currently selling them at 46k and not buying on the market, in the hopes that the market drops and they can swoop in and buy at 43k. Boom profit for Blackrock
are you aware how braindead this strategy is (and highly illegal).
issuers CANNOT take a long/short position. they make their money from transaction fees. please FOR THE LOVE OF GOD stop thinking like a poorfag or you'll forever remain one.

>> No.57269304

>>57269056
>free real estate
Literally lol

>>57269070
He's just got 1b. 1b into bitcoin right now and it 40xs and he's top 5 wealthiest people on the planet.

Things to ponder.

>>57269076
Literally simple as. They don't even need to provide the wallet details. But we should all be able to elucidate it ourselves. That 11 wallets just started to mass buy bitcoin. Which ones are they? Compare and contrast with filings on what they're purchasing to determine which wallet belongs to which ETF, and viola, we got it hammered down.

Honestly we don't even need them to post it publicly. We should be able to tell within a month exactly which ones are which ETFs based on the data.

If the data doesn't exist or correspond with the purchase narrative? We go full autist and sound the alarms like always, which will immediately force them to buy lol... and they're not that stupid.

I'm 99.99% sure they'll be buying within a set amount of time after a customer buys the spot BTC. That time and mechanism will become public quite quickly because they can't physically hide lol

>>57269271
I'm aware, but its not instantaneous buys, and since it's not instantaneous, someone is losing and someone is winning.

I own 2 BTC fren, and am not wealthy at all but ik what 2 BTC will be in a year or so. Relax fren

>> No.57269311

>>57267156
u realise blackrock isnt going to an exchange like you right? they own the world and in the world includes btc mining company's

>> No.57269333

>>57269311
>u realise blackrock isnt going to an exchange like you right? they own the world and in the world includes btc mining company's

Wherever they source it from. They'll have it in some wallet or other. That's what the discussion is about. Idc if they dig through dumpsters and find people's old flash drives for BTC. They will still have a custodial wallet that is small right now, but will have 1m+ BTC within a few months and we will 100% be able to see these wallets growing in real time.

>> No.57269362

>>57269333
wishful thinking
more likely is they just spread their holdings through 1000's of wallets, "exposure" and paper trails.
they dont play fair anon, BLACKROCK WALLET isnt going to be on btcrichlist.
also 1-2mil valuation? lmfao how new are you?

>> No.57269383

Imagine not owning at least 1,000 shares of BLK.

>> No.57269411

>>57269304
>but its not instantaneous buys, and since it's not instantaneous, someone is losing and someone is winning.
Its more complicated than that.
There are 4 main players in an ETF: (a) Issuer, (b) Market Maker, (c) Custodian, (d) Authorized Participant
Upon an order of ETF, the Market Makers are securing ownership "on credit". Their have already "purchased the product" even tho money doesn't change hands until T+1.
ETFs are designed so that there is no long / no shorts happening in the system. Can you imagine the fucking blowups that would happen if the SP500 ETFs had long/short periods?