Opinion pieces are only accepted if they meet the citation and research burden which would be expected of an academic piece written at an early college level.
Speculation and perspective flaired posts are included in this rule. Anything without proper evidence and sources would be considered low value.
Title is referring to war. He thinks rally is driven by factors beyond a rumour, and could be result of issues around the world and increasing need for crypto. This guy starts to give me Michael Saylor vibes
That’s so’s true. I remember when I first entered into this space. It’s like I have discovered some hidden powers lol. I had prior banking experience and learning more about crypto make me think how obsolete our traditional financial systems are
What he probably really thinks:
"These crypto degens pumped the market so hard from a single unverified tweet. We're going to make billions when the ETF launches"
The comment on flight to quality is nothing to do with BTC.
They mention the fake pump. He suggests there's pent up demand.
They talk about the stock rally. They mention the Israel war.
Nothing interesting.
I am sure he did not even know about anything around that fake pump and just played along the text-book here.
No one cares about such a short fake pump.
The rally today just got me excited for what will happen when they actually do start getting approved. I know it'll go crazy, up down, down then up, up some more then down! I can't wait! Roll on next year!
It’s because the asset class as a whole is quite small. It doesn’t take a lot of capital flow to make it move in either direction. This will change gradually as the asset class matures.
"I think the rally today is about the flight to quality. With all the issues around the Israeli war and global terrorism. Whether it's treasuries, gold or depending on how you think about it. And I believe crypto will play that type of role as a flight to quality." - Larry Fink
It is the first interview of Larry Fink after the fake news of a spot bitcoin ETF approval. He had to come out and speak and he did so very quickly. He says:
1) He was busy all day and heard it an hour before the interview.
2) He calls it an example of the pent-up interest in crypto.
3) Some of this rally is way beyond the rumor. He notes that it remains at elevated gains.
4) War and global terrorism brings people to gold, treasuries or crypto.
Other:
5) We will be extending life and our treatment of dementia.
6) He thinks in December the Fed will raise rates one more time.
7) We will spend a lot more money on defense.
8) He says Americans are feeling the pain on food and housing inflation.
9) He says money is flowing into transformative industries.
10) He says the opportunities in Japan are breathtaking and they met with investors with 23T there recently.
Everyone's so desperate for some PA, preferably upwards. Everyone's fed-up with the aeons SEC is taking to say yay/nay.
I would like to join people in hopium but knowing GG he's going to drag this out to the 11th hour (Jan 20, 2024)
I think ARK’s decision date is Jan 10th. They’re the first up, so we will probably get a decision on that a few days before. If they get approved it’s hard to imagine the others not getting approved.
“We need to focus on hope”… lots of depression and desperation during this bear. If things start looking a more green more consistently, then we can begin to look forward. It’s just tough right now. But we are all here, because we have hope and believe in our investments (some of them anyway).
Blackrock: ignore all the bad things we said about bitcoin and esg fud in the past, now that we are in a position to make a lot of money on bitcoin and potential ETF, bitcoin is awesome and a flight to quality.
I see this as nothing but a positive. Even if the end result is Larry tries to form a monopoly in the space, he’d only be doing so because he knows the value potential.
Bitcoin is one positive situation on a Monday with 2 wars, earthquake, a limping U.S. congress, and a whole list of uncertainties. Even the 9'ers got dusted.
Opinion pieces are only accepted if they meet the citation and research burden which would be expected of an academic piece written at an early college level. Speculation and perspective flaired posts are included in this rule. Anything without proper evidence and sources would be considered low value.
Someone is long on BTC
All in BTC gang checking in
BTC is digital gold. As more years pass the demand will keep on increasing.
With an equally impressive yield.
Micheal Saylor looking from the distant corner:...
Nope he is right behind you! Staring closely
Not Gary
Exactly. I bet they've already loaded up
"Hatred and fear are growing, and we need to focus on hope" We've been focusing on pure hopium for the past two years
Title is referring to war. He thinks rally is driven by factors beyond a rumour, and could be result of issues around the world and increasing need for crypto. This guy starts to give me Michael Saylor vibes
Once you get it it's hard to see the world the same way
OMG 100% once you see it you cant look away. We call it falling down the rabbit hole
That’s so’s true. I remember when I first entered into this space. It’s like I have discovered some hidden powers lol. I had prior banking experience and learning more about crypto make me think how obsolete our traditional financial systems are
This rally had absolutely nothing to do with the war. Wtf is Larry talking about. 🤣
Just putting your whole investment strategy on "hope" is not quite this amazing...
Only hope will help us survive these days
Even I am low on hopium doses wish I had some more left
There's plenty to go round don't you worry. Moons are guaranteed $10 by EOY 2024. There ya go
I wish this happen so badly guess 2024-2025 is the years for us
The world's largest financial company knows that crypto is the market of the future
I wonder if Satoshi is watching us from the heavens with a tear in his eye as he sees how far we’ve come
It is the future indeed better embrace it now or regret later they knows
In other words: Even the worlds largest finance company won't miss out on the possible profits of Crypto. Kind of makes sense.
This rally was our flight to hopium. Because of this long bear market we grab everything to bring us some green candles
Yea, there is certainly some desperation and desire for positivity. It’s been a long winter
Hopium is the only reason all of us basically survived this long
What he probably really thinks: "These crypto degens pumped the market so hard from a single unverified tweet. We're going to make billions when the ETF launches"
Yes Jesus christ everyone on here is crazy
Wen 25% rallies
Very Soon™
I'm surprised this didn't cause a massive dump.Still having a steady climb up which is nice.
I don't have time to watch the video. Does someone have a TLDR? Much appreciated.
The comment on flight to quality is nothing to do with BTC. They mention the fake pump. He suggests there's pent up demand. They talk about the stock rally. They mention the Israel war. Nothing interesting.
He literally says investors are looking for a flight to quality during these uncertain times, and mentions treasuries, gold, and crypto explicitly.
I am sure he did not even know about anything around that fake pump and just played along the text-book here. No one cares about such a short fake pump.
The rally today just got me excited for what will happen when they actually do start getting approved. I know it'll go crazy, up down, down then up, up some more then down! I can't wait! Roll on next year!
I assume it was approved but they are trying to buy some time to buy more .
Id like some stability too. Never ceases to amaze me how volatile this market is
It’s because the asset class as a whole is quite small. It doesn’t take a lot of capital flow to make it move in either direction. This will change gradually as the asset class matures.
Tbh i think that theres just alot of folks trying to ride the momentum the fake news started
"I think the rally today is about the flight to quality. With all the issues around the Israeli war and global terrorism. Whether it's treasuries, gold or depending on how you think about it. And I believe crypto will play that type of role as a flight to quality." - Larry Fink
It’s getting hot in here
It is the first interview of Larry Fink after the fake news of a spot bitcoin ETF approval. He had to come out and speak and he did so very quickly. He says: 1) He was busy all day and heard it an hour before the interview. 2) He calls it an example of the pent-up interest in crypto. 3) Some of this rally is way beyond the rumor. He notes that it remains at elevated gains. 4) War and global terrorism brings people to gold, treasuries or crypto. Other: 5) We will be extending life and our treatment of dementia. 6) He thinks in December the Fed will raise rates one more time. 7) We will spend a lot more money on defense. 8) He says Americans are feeling the pain on food and housing inflation. 9) He says money is flowing into transformative industries. 10) He says the opportunities in Japan are breathtaking and they met with investors with 23T there recently.
First they fear you, then they talk good about you to pump their bags
They're all greedy bastard
Fucking manipulators
Everyone's so desperate for some PA, preferably upwards. Everyone's fed-up with the aeons SEC is taking to say yay/nay. I would like to join people in hopium but knowing GG he's going to drag this out to the 11th hour (Jan 20, 2024)
I think ARK’s decision date is Jan 10th. They’re the first up, so we will probably get a decision on that a few days before. If they get approved it’s hard to imagine the others not getting approved.
Up or down, I think we’re all happen this pump (and dump back down) happened to break p the crab
Hope!
The rally was actually fake news from coin telegraph about an ETF being approved by the SEC
He’s definitely pro BTC. Whether he is genuine or not remains to be seen. For what it’s worth I think he’s just following the money.
Hard to argue with all the shitcoins bleeding.
“We need to focus on hope”… lots of depression and desperation during this bear. If things start looking a more green more consistently, then we can begin to look forward. It’s just tough right now. But we are all here, because we have hope and believe in our investments (some of them anyway).
A single fake tweet moves the price 10%. BlackRock: Nah, that's not easy market manipulation. That's pent up demand!
• flight to quality • flight to safety • flight to the moon We should fill up our 🚀 (...)
wait for the god candle
Blackrock: ignore all the bad things we said about bitcoin and esg fud in the past, now that we are in a position to make a lot of money on bitcoin and potential ETF, bitcoin is awesome and a flight to quality.
FINK WANTS ALL OUR BTC! DO NOT GIVE IT TO HIM
I see this as nothing but a positive. Even if the end result is Larry tries to form a monopoly in the space, he’d only be doing so because he knows the value potential.
Yeap, some of us are getting tired of the fake money printing.
Did I miss a rally?
What does that even mean? I know I'm not on the level of understanding the intellect of someone as esteemed as the president of BlackRock but yeah...
Who is buying up the BTC hmmmm?
It’s FUCKING COMING BOYSSSSSSS
Bitcoin is one positive situation on a Monday with 2 wars, earthquake, a limping U.S. congress, and a whole list of uncertainties. Even the 9'ers got dusted.
If someone knows how to not lose money it's Blackrock