AAHAHAHAHAHA

Here’s the cold fact mr redditor. Btc has made a 6 million percent roi in 10 years. I don’t know who the fuck you think you are laughing at but it isn’t anyone here except maybe some dumbass decemberfags

these old dusty faggots are such dumb cunts. why the FUCK would they not just buy in right fucking now and instead actively work against this shit. literally the only explanation is they are too fucking thick skulled to understand what's going on. at least Lloyd Blankfein gets it.

Millionaires won’t be putting their fortunes in crypto anytime soon but the average person will.
Why?
For the same reason billions were lost in the last 3-4 years with Chinese companies listing on western stock exchanges, grandpa and dad love these penny stocks that will turn their 20-100k into millions, who doesn’t?
Other have done it right? Bitcoin used to be 100 dollars each right? It’s been years since it went below 5k.
Greed. Greed is why crypto will pump again harder then before to ridiculous levels before finally crashing and burning with most shitcoins leaving only the real cryptos that are being used of have purpose and large market share in that industry. The rest will crash and burn and that’s how it should be, just like the Chinese companies that listed in the NYSE and just like the Internet bubble. But before that we pump.
December was nothing if it truly was the last big bullrun then why is there so much fucking money and hope in crypto? I was there during the Internet bubble you absolutely fucking know when it’s over, not a single big crypto has ceased to exist, during the Internet bubble some big companies were declaring bankruptcy within weeks.
I’m telling you, next pump will blow ur fucking minds, many have already seen how much money you can make off crypto next pump will attract twice as many people.

they'll buy our bags at 50-100k and then it'll moon to 250k-300k

This is good news. We're still early

Translation: We advise our clients to avoid buying crypto because we are acucumulating

Wow. everyone buying this fake fomo pump now is going to be suicidal soon.

1. He's obviously lying
2. They're probably going long
3. Even if that were true, it would change quickly as prices begin to recover

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>be real company
>have expenses and payroll
>have to declare bankruptcy when the money runs out
>be shitcoin
>have no expenses or payroll due to being vapourware
>???

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If I were already a multi millionaire investor with blackcock I'd probably be ok with not touching crypto yet either, they're already making a killing in other markets and don't need crypto lottery tickets to make it. When crypto is seen as a safe investment that's insured and the CBOE is running an ETF and traditional players are running exchanges and not some chinese guy in Malta a few more millionaires might come and ask them what's up with this "Tron" shit their cousin told them about

You must be stupid. Of course he SAYS this so he can short or load up.

Then now he want to SELL, then he says now they BUY.

THIS DESU

Why is bloomberg ferociously anti-btc?

you normally want to spread bad news while you're buying to get in at a better price

There's literally nothing wrong with his comment. The majority of the world doesn't give a shit about crypto, so why would BlackRock's clients be any different?

BlackRock? What is that? Never heard of it. Likewise, as a boomer about blockchain. His commentary is useless, much like his role.

>BlackRock? What is that?
Just a 6.288 trillion dollar asset manager.

This is more likely than you think

What coin is this?

>crypto is mainstream
>all normies bought in december
>institutions are already in

Typical Jow Forums delusions. Get out of your bubble for once. Normies don't give a fuck.

Investing should be boring. Safe and comfy hold that pay off a two percent dividend plus annual stock price growth of around 8 to 10 percent. Not going to take you to the moon, but also will not take you to rext city.

>These guys are looking to short crypto. Fucking Jews man.

market needs to be way bigger for them to short it the way (((they))) want to.

big pump yet to come then they'll short the shit out of it from 100k down to around current levels.

cap this.

C O P E
O
P
E

Bitcoin is going down to $3k you dumb bulls.

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>6. Something trillion

Er no

This, and crypto pricing will need to reflect the value that they can generate for investors. We have a long way to stop.

Drop not stop.

>Assets under management: 6.288 trillion USD (2017)

you're probably right

But doesn't that mean we're more insulated to these corrections long term?

>rich boomers saying they are not insterested in crypto
>"they are accumulating"
>"they are fudding to buy cheaper"
why is Jow Forums so delusional? every comment on crypto is turned around to mean like it's going to moon. you are just like flat earthers

I guaran fucking tee you Blackrock has many clients interested in crypto currency. This title is bait as fuck and the CEO is talking out of his asshole

The tone of this post is retro Summer 2017 biz

You don’t understand how these asset managers manipulate news media to their advantage then

the difference is that we're after the bubble pop of the biggest bullrun in recent history

Just like Summer 2017 biz. Good times

why would he fud bitcoin after a 70% drop? if he was accumulating all that time he should actually hype it, dumbass.

This probably, anonimity is a scarcity this age

kek nobody was saying that in summar 2017 were you even here you newfag? optimism was all over the place

>For Blackrock, smart contracts designed using blockchain could help the company identify and track assets in its portfolio
>investopedia.com/news/blackrock-ceo-big-believer-bitcoin-and-blockchain/

they probably noticed that Vanguard is doing something, thats why their opinions changed...
>Vanguard is one of the world's largest investment management companies. As of October 31, 2017, Vanguard managed $4.8 trillion in global assets.
>Delivering the data via a blockchain and automating workflows with smart contracts has served to expedite data delivery, eliminate the need for manual updates, and reduce risks.
>prnewswire.com/news-releases/vanguard-using-blockchain-technology-to-improve-index-data-distribution-663641913.html

1k EOY with ease

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makes sense for people born in the 60s, but any millenial or zoomer knows automation + immigration will turn every country into brazil. if you're not highly skilled, it's either make it within the next 10-20 years or gamble the brown hordes you will live with won't murder you or rape your daughter

Linkies need to be purged in the crucible of the free market. Bring sticks and marshmallows