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

/biz/ - Business & Finance


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57246235 No.57246235 [Reply] [Original]

Post all here faggots

>> No.57246248

>>57246235
Fake tweet. Thanks for wasting my time, person of color.

>> No.57246250

WAGMI MAXICHADS

>> No.57246251
File: 271 KB, 709x357, ruined.png [View same] [iqdb] [saucenao] [google]
57246251

>>57246235
ffs, you told me wouldn't pass.

>> No.57246264

>>57246235
Buy now while it's still $0.

>> No.57246270

>>57246235
uhh, why do this when it's not even approved

>> No.57246290

>>57246235
Wait a minute who is Jewing who? Did it got approved or not? The fidelity thing is old news

>> No.57246304
File: 42 KB, 360x346, pepe-laugh.gif [View same] [iqdb] [saucenao] [google]
57246304

>>57246235
Lmao, it's literally worthless.

>> No.57246314

>>57246264
kek

>> No.57246347

>>57246235
Means literally nothing. It's just brokerages making sure they have something listed WHEN/IF it is approved. Would literally take them 30 seconds to remove if the ETF isn't approved.

>> No.57246349

>>57246235
WE DID IT FRENS

>> No.57246386
File: 47 KB, 720x1431, Screenshot_20240110-095815~2.png [View same] [iqdb] [saucenao] [google]
57246386

It's literally ready to go.

>> No.57246425
File: 300 KB, 1080x1833, Screenshot_20240111_010346_Chrome.jpg [View same] [iqdb] [saucenao] [google]
57246425

>> No.57246456

>>57246235
Priced in

>> No.57246487

>>57246425
When can I buy puts on them?

>> No.57246496
File: 5 KB, 239x211, 1553095811770.jpg [View same] [iqdb] [saucenao] [google]
57246496

why isn't the price going up?

>> No.57246530

>>57246496
why isn't the price going down?

>> No.57246541

>>57246487
thursday when they're trading

>> No.57246588
File: 18 KB, 525x478, stayvun.jpg [View same] [iqdb] [saucenao] [google]
57246588

>>57246530
i don't know

>> No.57246596

Sorry if this is a dumb question...How is this also not blatant market manipulation? Listing ETFs before SEC confirms an official approval? Is the assumption that because trading isn't live, listing a not-yet-approved ETF doesn't actually mean anything?

>> No.57246598

>>57246235
Congrats bros. It's going to be glorious quarter.

>> No.57246616
File: 366 KB, 2048x1504, 20240110_131152.jpg [View same] [iqdb] [saucenao] [google]
57246616

>> No.57246636

>>57246235
*ahem*
In dedication of this special moment, i just wanted to say fuck niggers. That it all.

>> No.57246648

Doesn't even make sense, if this were true why did Cathie spend the last month dumping Coinbase stock and Bitcoin?

>> No.57246680

Bull run started. Every imaginable crypto is going green past 1 hour. This will be months upon months of green candles.

>> No.57246692

>>57246235
Holy shit, I was here niggers

>> No.57246699

>>57246680
I feel like we're creampying the global financial system.

>> No.57246705

>>57246680
It won't because there's no real demand. Everyone who would buy crypto has already bought it and is waiting for their bags to be pumped.

Everyone else are normies who will never touch crypto no matter what.

>> No.57246806

>>57246705
> Everyone else are normies who will never touch crypto no matter what.

You'd be surprised. I'm an options trader for Schwab and I get calls from normies every day asking if "Schwab sells Bitcoin". For the first time it will actually be accessible to them. Normies will absolutely be buying

>> No.57246817

>>57246705
stfu samefag

>> No.57246830
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57246830

>>57246806
>>57246817
I hope so, I've been here a while and Bitcoin furor always fizzles out.

One thing I have noticed though is that most people know Bitcoin but have no idea about ETH, XRP, or any other asset. Bitcoin might actually be going to 250k.

>> No.57246887

>>57246830
There's also the pretty significant tax advantages this brings which appeals to the masses. Imagine buying $6500 of Bitcoin ETFs in your Roth IRA every year and selling that decades later with no tax obligations.

I know there are already those weird "crypto IRA" accounts, but once again still not very accessible to the general public.

>> No.57246907

https://www.sec.gov/Archives/edgar/data/1855781/000141783524000004/8A_Cert_BTCO.pdf

>> No.57246925
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57246925

>> No.57246944
File: 117 KB, 730x783, stonksonlygoup.jpg [View same] [iqdb] [saucenao] [google]
57246944

>>57246235
I approve of bitcoin price going up

>> No.57247005

>>57246887
Itrust has been around for like 2 years and it has traditional and Roth. Nothing "weird" about it. Most 401k providers will not let you buy the btc etf in them anyway. It's all premixed shit and the sp500 if you are lucky.

>> No.57247083

>>57247005
Meh. A crypto ETF tradable on Schwab/Fidelity/etc. is completely different than Itrust. I get what you're saying, but you gotta realize that a lot of the money in the traditional stock market is held by boomers, and they are LOYAL to their brokerage firm.

>> No.57247098
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57247098

>>57246944
Checked

>> No.57247107
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57247107

>>57246235
>mfw all the retards buying BTC finds that all BTC ETF uses LINK oracles to get the reference price and prevent market manipulation

>> No.57247140

>>57246347
>just spend your engineer & ops teams time creating the ability to invest in a fund that doesn’t exist.
Tell me you’ve never held anything more than a junior level role without telling me.

>> No.57247222
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57247222

>>57246235
Posting in an epic thread. Wagmi apart from Jonny Huxtable the scammer

>> No.57247278
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57247278

>>57247222
Checked

>> No.57247434

>>57247140
lmao you really think Fidelity is "creating the ability to invest in a fund that doesn't exist"? Cmon dude. This is a spot ETF, just like every other spot ETF.

>> No.57247658

can this ETF get approved already. Cock and ball torture for the last month for this bs and whatever happened to muh decentralisation and for the little guy to make it. ETF means hedge funds coming into crypto and manipulating the price to how they want it to perform. Say goodbye to ATH and volatility, BTC will become wall streets bitch.

>> No.57247810
File: 2.74 MB, 480x848, 1704912177145774.webm [View same] [iqdb] [saucenao] [google]
57247810

This can't be a coincidence right

>> No.57247821
File: 48 KB, 1026x196, Screenshot 2024-01-10 at 19.46.58.png [View same] [iqdb] [saucenao] [google]
57247821

ETF CANCELLED GOYIM

>> No.57247823

>>57246304
kek

>> No.57247829

>>57247810
>Jesus expelling the merchants and the money changers from the Temple

>> No.57247899

>>57247821
delayed
DUMP IT

>> No.57248020

>>57247821
> Report came from the SEC

Yup there it is. SEC will try to position themself as the martyr.

Still think it gets approved, but the more I think about it the more concerned I get. Ignoring my obvious bias here, if I'm the SEC, how can I comfortably approve an ETF when the FBI is investigating potential market manipulation? What a disaster

>> No.57248131

>>57248020
market manipulation of the ETF that isn't on the market yet? kek are we really going there?

>> No.57248164

>>57248131
the market on which the asset contained in the ETF is traded.

>> No.57248191

>>57248164
buyer's problem

>> No.57248287

>>57248191
i was defining what the other poster meant by market manipulation that you were too retarded to understand.

>> No.57248338

>>57246235
Starting tomorrow, Jews will be able to manipulate the price more easily.

It's a sad day.

>> No.57248859

>>57248338
clearly they didnt need the etf to do it. Re: SBF.

>> No.57248923

>>57248859
true, but the ETF will allow them to do it "legally"

>> No.57248936

>>57246264
Lel

>> No.57248955

>>57248923
This.

>> No.57248977

>>57246699
You're being NTRd by the fat ojisan financial system.

>> No.57249134

>>57248923
what if they want to manipulate it up? because they suddenly realized it had value? not everything is a doomerism.

>> No.57249230

>>57249134
they will pump and dump between a predetermined range, same as boomer rocks. they're not going to pump it to the stratosphere and make holders rich. bitcoin is unusable for the majority of people, what use does it have beyond pump and dump? the bankers know the answer and it's exactly how they'll use it to siphon more wealth from the average retard who is high on hopium.

>> No.57249238
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57249238

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

IT ACTUALLY HAPPENED WE FUCKING DID IT REDDIT

STILL EARLY AS FUCK CNBC JUST SAID THEY AREN'T APPROVED YET

>SEC ACCIDENTALLY MADE THE DOCUMENT PUBLIC EARLY
>MADE IT PRIVATE AGAIN

I DOWNLOADED IT IF ANYONE WANTS IT
S-1 STILL PENDING, 19B-4S ALL APPROVED

>>57246235
>>57246250
>>57246496
>>57246616
>>57246830
>>57247278
>>57247810

>> No.57249276

>>57249238
>STILL EARLY AS FUCK CNBC JUST SAID THEY AREN'T APPROVED YET
good grief the sec are a bunch of morons. just tweet out its going to be approved and stop with the stupid backend garbage. been waiting since monday morning.

>> No.57249304

>>57246235
Central banking won

>> No.57249315

>>57249134
>what if they want to manipulate it up?

Oh, they will.
But first, they have to liquidate all the crypto exchanges and "normal" people.
So in the end everyone who wants to buy will be forced to go to Wall Street.

And that will only occur after the Jews have filled their bags enough.


Screenshot this.

>> No.57249327

Congrats everyone on cheering on btc cucking to the banks/hedgefunds. Really embodying the spirit of the original white paper. Satoshi would be proud! Faggots.

>> No.57249366

>>57249315
It wouldn't be a surprise if BINANCE fills for bankruptcy this year.

>> No.57249373

>>57249327
nothing about btc's code is changed here.

>> No.57249431

>>57249373
That's not the point. It's the spirit of what's behind all this muh etf nonsense. Just moonboys trying to pump their bags who probably have never even glimpsed at what it says in the btc whitepaper.

>> No.57249456

>>57249373
>>57249431
is it true that some proceeds from ETF fees go to bitcoin core? if so, expect code changes. i'm sure the changes will benefit the users.

>> No.57249474

>>57249456
>is it true that some proceeds from ETF fees go to bitcoin core?
yes the vaneck one. it doesnt matter if they try to change it if miners arent interested its not happening.
>>57249431
yes its just a pump my bags event not doing anything for network effect.

>> No.57249492

>>57249456
Are you actually retarded or just trolling? The money goes in the money managers pockets. All of them are offering this product to collect .2% fees for life.

>> No.57249507

>>57249474
what happens when they dump the price so most miners are unprofitable except the ones they control?

>> No.57249528

>>57249492
the vaneck one does, according to >>57249474
are you retarded?

>> No.57249537
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57249537

>>57249474
>it doesnt matter if they try to change it if miners arent interested its not happening
Won't they just absorb the miners and take over concensus anyway?

>> No.57249608

Look how they can already affect the btc price via the news cycle/twitter. If you guys think the etf won't give them complete price control abilities then you're fools. Yes, the tech in unchanged, but this is still not a good look for what was supposed to free us all from the banks after 2008.

>> No.57249673

>>57249507
They create a monopoly.
:)

>> No.57249711

>>57249673
just like traditional banking
fucking kek

>> No.57249743

>>57249537
no.
>>57249507
miners have been unprofitable before. but technically we can just fork btc and switch to the new one. btc isnt that fragile.

>> No.57249785
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57249785

WE GOT IT BROS
QUICK
BUY
BUY
BUY

>> No.57249799

>>57249743
>but technically we can just fork btc and switch to the new one
there are plenty of bitcoin clones and this has never happened. miners only care about profit, they do not care about the users. for your sake, i hope you're right; but i wouldn't hold my breath.

>> No.57249819

>>57249711
Yes. That is their goal.

The approval of Bitcoin ETFs is the worst thing that has happened... in terms of freedom.

>> No.57249886

>>57249819
i completely agree

>> No.57249903

>>57246251
This is just one of a dozen + etf applications the rest won’t pass and 10k will be programmed

>> No.57250023
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57250023

>>57249304

>> No.57250046

>>57249903
They approved all of them lol

>> No.57250086

>>57249819

Who CARES. This run is going to retire everyone here. Let the normies worry about it in the future.

Just be sure to take profits according to the usual cycle chart patterns.

>> No.57250129

>>57246235
>Biggest day in crypto history
>Getting accepted onto (((Wall St)))
>The very institutions that Satoshi wanted to subvert with BTC

Sad.

>> No.57250143

>>57250129
It's our kalergi plan

>> No.57250212

Price control ability puts the hedgefunds/banks within striking distance of the miners. Being within striking distance of the miners means they could potentially at some point in the future be within striking distance of the protocol itself.

>> No.57250252

>>57250086
Spoken like a true cuck. Enjoy your worthless monopoly money once the central banks have completely brought down the economy and reigned in the only thing that promised us all access to something with real, immutable value in this clown world.

>> No.57250290

>>57250252
>bitcoin
>immutable value
LOL
LMAO
if the value of bitcoin was "immutable" no one on /biz/ would bother trading it

>> No.57250416

>>57246636
this is what's most important friends...we can still say nigger here

>> No.57250506

>>57250143
made me kek. have a (You)

>> No.57250544

>>57250290
he was talking about 1 BTC = 1 BTC, which would be immutable when the fiat ponzi collapses

>> No.57251073

This is quite literally the darkest day for btc in its history if you have any ability to extrapolate at all as to how the banks could use this etf as their first step in stopping the threat that btc poses to them.

>> No.57251237
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57251237

>>57246235
posting in legendary bread

>> No.57251274

Not approved because it's an scam

>> No.57251350

>>57251073
>banks could use this etf as their first step in stopping the threat that btc poses to them.

This.

>> No.57251893

>>57251073
This guy is never going to make it, he has no idea.

This is the biggest day in crypto history, get your bags packed biz because whatever you buy will double in the short term. This is the greatest opportunity you will ever have.

Godspeed.....faggots

>> No.57251942

>>57251073
>Oh yeah everyone is in crypto for the tech.
Lol get a load of this goy.

>> No.57252205

>>57246496
>>57246530
Nobody wants to dump because the dip will immediately get slurped and then price will pump. Nobody wants to pump because it will get dumped. It's a fucking impasse.

>> No.57252251

>>57249230
This anon gets it. They will certainly pump it high a number of times though to get that sweet 401k and normie money flowing in though. I expect them to start really pumping it when stocks dive hard.

>> No.57252417 [DELETED] 
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57252417

>>57249304
>>57250023

don't fight the windmills anon. this is win for the benefit of the people. The great reset is coming

>> No.57252434

>biggest day in crypto
>46k

Lmao

>> No.57252437

>>57251893
the only make it here is your ass by big african cock and thats it

>> No.57252447

>>57246235
Link next

>> No.57252477

Finally! Now we can pass into a less cucked narrative. Trully an historical moment

>> No.57252494

>>57246636
fuck nigger tier behavior
colored folk are alright
BTW BBC is a meme perpetuated by the "jewish" global consciousness to subvert and break down white men into believing themselves as less verile.
The ivf marketplace stats prove that white male sperm is preffered above all other races. Fuck kikes who hate you and fuck niggers who believe them.

White sperm is worth 8x other sperms, how do I profit off this?

>> No.57252516
File: 34 KB, 500x500, Conclusions.jpg [View same] [iqdb] [saucenao] [google]
57252516

>>57252494
>how do I profit
Drink it

>> No.57252542

>>57252434
The announcement was made after markets closed for the day. The ETFs officially open at 6:30 PST tomorrow. I'm expecting some long green dildos personally

>> No.57252681
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57252681

>>57249327
>Really embodying the spirit of the original white paper.
That BTC is sound money slowly devouring the financial sector?

"I liked that band before everyone else"

>> No.57254164

>>57246248
fake and possibly gay

>> No.57254176

>>57246235
>Bitcoin ETF approved
>+1%

Lmao I didn’t know they made a Chainlink ETF

>> No.57255391

>>57246304
Even at the price of $0.00 there are still few takers.

>> No.57255730

What is the point of a Bitcoin ETF

>> No.57255763

>>57255730
pump my bags is the point
it is a vehicle for extracting fiat

>> No.57255766

Hello if you are reading this I am already dead.

>> No.57255816

>>57255766
Hi nigger.

>> No.57255882

Is it going to shoot up, blow off, then proceed to price everyone out forever in the coming years?

>> No.57256046

>>57246705
Not now that we're having a new entrants into the space. Price will have a very positive action soon; have you noticed that more and more ETH are leaving exchanges into self custody lately? No one wants to sell their ticket to wife changing money. If I were you, I'll get as much ETH as I can, find a Defi yield aggregator for the best yields, stake and go to bed

>> No.57256128
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57256128

Happy to be here in this legendary thread.

Once fiat scam ponzi collapses you faggots are forgetting barter system will return because it’s the only true system that works. Everything else is a typical scam.

God is king fuck you I hold XRP.

>> No.57256175
File: 78 KB, 762x491, Running Bitcoin.png [View same] [iqdb] [saucenao] [google]
57256175

Our expectation is as follows:

Near term price is up due to mass marketing and commercialization of Bitcoin

It’s more likely to be “inverse sell the news” since everyone is saying to sell the news

1-2 months from now (rough range) it likely has some sort of a correction similar to what happened to Gold after the gold ETF approval

>> No.57256278

>>57256046
>find a Defi yield aggregator for the best yields
Just stake on Lido for your own sanity

>> No.57256282

>>57246235
What does this mean? Bitcoin is in Ark now? What is it used for buying skins?

>> No.57256523

>>57246680
Too early to make this conclusion though.

>>57246699
I love creampies

>> No.57257177

>>57256278
Lido is too centralized(I ain't the first person to say that)
If you have access to Defi, why not use it to the best of its abilities? There are other options like aggregators out there that help users diversify their risks whilst also optimising risks. I've been leveraging on SpoolFi's services for a while now with no hassles whatsoever; there are others like it out there, just do what works best for you at the end of the day anyways.

>> No.57257668

>>57246616
"its purpose is to track the performance of bitcoin"
uhhh bros what does that mean? That it is just an asset that tracks the price of btc but isn't actually purchasing the underlying asset (btc)? So is new money going to be flowing into bitcoin network or not?

>> No.57257759

>>57246235
No. This is the darkest day in crypto history. Normgroids have ruined crypto because they don't understand the original intent. Instead they celebrate as crypto becomes ever more centralized into the hands of the existing power structures it was originally designed to destroy.

>> No.57257791

the jews are going to create the BITCOIN RESERVE

>> No.57257809

>>57257759

Correct.

>> No.57257890
File: 109 KB, 711x1024, 1681727175476712.jpg [View same] [iqdb] [saucenao] [google]
57257890

Can I still rob boomers blind guys?

>> No.57258059

>>57257759
It's a free market. Should institutions be banned from buying Bitcoin?

>> No.57258149

>>57257759
>they celebrate as crypto becomes ever more centralized into the hands of the existing power structures it was originally designed to destroy.

This.

>> No.57258247

>>57257177
How do these aggregators work even? Feels like I'm over exposing myself to risks though. Teach me otherwise

>> No.57259560

bought some BTC ETF.
now how do I withdraw to my wallet?

>> No.57259822

>>57249431
Moonboys or not; I'll take whatever pump coming my way. Let's feast on it.

>> No.57259853
File: 74 KB, 1022x439, Screenshot_20240110_171610_Chrome.jpg [View same] [iqdb] [saucenao] [google]
57259853

Are the twitter trannies putting their hands up and saying they are wrong? I don't use it so I can't check

>> No.57259904

>>57250129
Bitcoin hasn't subverted anything and it's more than ten years old. They make the rules, a digital currency won't change anything.

>> No.57261008

>>57258247
Aggregators help to give you the best of each; for example, on SpoolFi v2, users can leverage on both rETH and srETH from a single entry point and in a cost effective manner compared to leveraging on these protocols individually; plus it helps keep your risks diversified; a single unfortunate event shouldn't get you rekt.

>> No.57262232

>>57258059
Stop bothering yourself talking with these Conservative dumbfags. They want global adoption for crypto without institutional money. How delusional. Lol!

>> No.57263672

>>57246530
The question that should be asked. Don't mind bears being pussys.

>>57247434
What's your point now?

>> No.57264366

ETF or no etf the reality is we arnt going to see new bitcoin aths until new money enters the economy and the fed won’t start printing again until inflation is back down which is still a few more years

>> No.57264641

>>57261008
What about other LSTs? Or just these 2

>> No.57265011

>>57246235
I bought ARKB today and will dollar cost average over the next three months.

>> No.57265898

>>57250129
boomers require Jews to handle their money for them. it is just the way things are.

>> No.57266893

>>57264641
For now, they've only secured partnerships with RocketPool and StakingRewards; I'm expecting a few more partnerships soon though.

>> No.57268104

>>57246235
they're sending the terminators for us aren't they?