is he right? wtf. will "institutions" actually just turn this whole thing into derivatives instead of actually buying the coins?
Is he right? wtf...
yeah thas what the old guy said last year. Thats why it will get tamed.
Rip all hope of making it is now lost
this is fucking bullshit. what the actual fuck
there will be physical bitcoins on the institutional exchanges but like with silver i think most will just trade derivs. Pretty gay if you ask me.
that is why i need my parents to croak soon. Very bad to say but I need that money and I dont want a job and now that crypto is probably dead I might have to
It's ogre
Throw the jew down the well
So my crypto can be free
imagine not being all in chainlink
He's right. Institutions will hold some stockpiles, which will spike the price at first, but then the trading of derivatives will tame it to stock market type gains, which has already happened to BTC since the futures market opened up. That doesn't mean that some cryptos won't moon anymore than stocks like Amazon, Apple, and Tesla haven't mooned... but the process will be much fucking slower--like 20% gains per year instead of per month for coins that get sucked into the derivative market. The days of turning $500 into $1m via a couple of years of mining, smart investments, and swing trading are over. You'll have to make your money on the same derivatives, now.
the only way that futures "tamed" bitcoin is by putting the fud in the noosphere that futures and derivatives are magical voodoo finance that can make everything go to zero.
there are still only 21 million btc ever to be produced, the last 4 million of which are being feverishly competed for - the hashrate is growing in 2018 at an even faster rate than in q4 2017.
we made it to 20k without muh institutions. and we will make it to the 100s in spite of them. and you dumb assholes who unironcially believed the futures fud will miss their last best chance to accumulate 21 btc.
its not that it will "go to zero" faggot. obviously it wont do that. Its the fact that derivatives will kill volatility and turn crypto into a boomer stock market.
>inb4 insitutions will only be interested in derivatives
>inb4 neets on Jow Forums accumulate most of the crypto supply
>inb4 neets on Jow Forums will control and manipulate trillions of dollars by trading memecoins between themselves
this really is the best timeline
wrong again. supply and demand fag.
silver has limited supply and demand as well. fag.
so does pajeet shit from your home village
please leave this thread user. clearly you are intellectually inferior in comparison to the majority of the other posters here.
checked
suck on my 203 btc fag
i'd gladly suck on ur 203 btc for like .01
Advantages of derivatives for silver are it's harder to hold silver than hold a derivative
It's easier to hold bitcoin than hold a derivative
I hold futures on BTC.
It's just much easier than all the bullshit you have to go through to actually own coins.
Not really, you think the average person or institution wants to hold a private key?
you're right
derivatives can't work if the market of the asset they back is in the hand of autistic neets and dark web pedos and cartels
>he hasn't poisoned his parents
not going to make it fren
21 MILLION BABY THEY CANT CONTROL SHIT!!!! SILVER AND GOLD BTFO
checked.
fug.
It will never be as slow as stocks though since the market never closes.
You need 1000x on forex to make gains.
>24/7
Lol no, i will be hacked since im a brainlet