/biz/ - Business & Finance

Fake news, priced in, bearish af, placing my shorts

>>56612997
yeah old news!

>>56613017
Based

>>56613024
on what?

>Files

>>56613017
when you make it, please come back here and tell us all what it is like to be a trillionaire

They cant do a bitcoin etf because Craig Wright will sue them for trillions

>>56613017
based

>>56612997
Thanks for browsing Twitter so I don't have to.

next up, Chainlink ETF

>>56613914
Excuse me it's called X now, the fat autistic man decided

>>56612997
why is this seen as a bad thing though?

>>56613017
unironically this
people think etfs = line go up
no, if anything it will be used to manipulate down
this is how they keep bitcoin from reaching its potential as a million dollar coin

>>56614828
Fund managers make more money when the fund performs well than if it goes down.

>>56612997

>>56614828
Fucking retard

>>56612997
No ETFs will be approved until after the banks own or replace the exchanges. You are fucked in the head if you think otherwise.

>>56612997
They are going to sell you fake BTC and ETH with these ETFs, same as they do with gold and silver.

>>56614828
Just like gold!
>gold ETFs led to a be decade of gold pumping
>no corners fw

>>56615191
The BTC ETF already said Coinbase (regulated SEC public company) would be the "watcher" and custodian. Can't walk that back now, courts are basically forcing their hand

>>56615191
The banks can't afford shit, didn't you read the latest article about the near $100 billion in unrealized losses from the big banks? That includes JPM and BoA. They're insolvent and the MSM is sweeping the news under the rug. That's where there's this huge push for decentralized banking because the fuckwads in charge of The Bank keeps fucking up big time.

>>56615097
And the US global hegemony depends on the USD being king

>>56615266
Sell me anything, nigger i am onchain.

>>56615424
Cash is king :D

>>56615400
BoA has over a trillion in assets under management, and they have over 900 billion in cash. If that's the case, are they really insolvent if their assets exceed their debts?

>>56612997

>>56612997
bump

>>56612997
I've only heard of the Bitcoin ETF application so far. If that's the case, it's no wonder why ETH went up last night. Altcoins will likely follow suit, so I'm acquiring more solid alts like Rio, XTP, HBAR, and Kava. We're all going to make it goys.

>>56615266
doesn't matter about the suckers buying paper btc because the arbitragers will be the ones causing real btc to rise

>>56618092
it matters when they sell 10,000 times more btc than they hold thus suppressing the value

Reminder that there has already been a Bitcoin backed ETP in Europe for over a year. This ETF will do nothing to BTC prices over the long term.

>>56618156
not possible in an etf

>>56618290
If your long term is 100 years I agree, but 1-2 years from now? It's not 1, it's more like 5 or 6, all from the biggest investment company in the world.

>>56612997
Now you know why these "people" are trying to get you to sell all the time.
Fuddies are 100% Jewish.

>>56612997
Does this affect LSDFi in any way?