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I've been saying for almost a year now that Fidelity should buy Grayscale. Well, now there are rumors that it might actually happen. This would be a big move for both companies, and it would signal that traditional financial institutions are finally starting to take cryptocurrency seriously.

Things are heating up with the TradFi players and Crypto.

It is all one orchestrated move to keep it in the fam!



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Anonymous

Spot on; always been the game at hand. Stall until your boys are lined up for sweet deals … Gotta be in the ‘Club’ …

Anonymous

BTC right now leaping up. This a reason?

Anonymous

Crypto guys are strange. It is the narrative that its freedom etc then they are happy that blackrock buys up

Anonymous

According to this: https://www.tradingview.com/news/zycrypto:7fa8af8b1094b:0-bullish-fidelity-investments-rumored-to-be-close-to-filing-for-blackrock-like-spot-bitcoin-etf/ they might be filing their own spot ETF as well?

Anonymous

The U.S Gov need to get rid of the 5 billion worth of BTC they have stashed away, I suppose they can't go through coinbase, maybe they can sell to Fidelity and BlockRock.

Anonymous

Freedom means people you don't like can also speak or buy stuff.

Anonymous

Question: we had the C19 dump in March 2020 less than 2 months before the halving on 5-11-2020, do you think we could have another (ultimately bullish) dump about 2 months before the halving in April due to Black rock ETF rejection? The timing is similarly uncanny...

Anonymous

I hate that hitting the 'enter' button publishes, when I'm just trying to create WHITE SPACE between sentences! Yes, I know shift+enter is the work-around.

Anonymous

Our wishes have no effect on reality. We can only take the situation we have and deal with it. However, an ingenious technology can be corruption resistant, and I think Bitcoin is about the best that can be done in that regard. Thank you, Satoshi!

Anonymous

Perhaps they’ll let Blackrock “borrow” them. You know, a good old “liquidity injection”.

Anonymous

Exciting times ahead indeed!

Anonymous

I don't think Blackrock will buy up "everything" $BTC is still sufficiently distributed and miners will keep mining more $BTC and distribute that too. $MSTR has over 120K $BTC. Thoughts on that?

Anonymous

This was a possible scenario/theory thrown around before the "silent" recessionary period we entered. Seems to have been correct. The larger players needed time and they took it. The retracement in price played right into their plans. The rich always get richer. Make sure to know what they are doing and capitalize on it when you can!

Anonymous

makes me wonder what i should do with my GBTC?

Anonymous

Remember the 60s and the peace and love movement? Some of those people are now strangling positions of power until they croak. Things with good intentions normally get swallowed up by more powerful institutions and reorganized for profit/power. If BTC survived this far that outcome would eventually occur. Seems to be happening now. Still many questions as to what this will lead to for price, use case, currencies, etc.

Anonymous

Seems like a possible scenario. It ain't gonna go straight up! And they will try their best to flush out as many as possible before or during the halving.. I'm in plenty but always ready for a dump...

Anonymous

To the MOON!

Anonymous

Interesting.

Anonymous

You need big money in ALL asset classes to move the markets, including bitcoin being bought up by big players. Real estate is bought up by big players, manipulated by Gov. interest rates, but it doesn’t mean I won’t own real estate.

Anonymous

I hold btc and eth because I’m hoping to sell it for more than I paid for it down the road. I love the libertarian ethos / and F the man” as much as anyone. But the truth is , you play whatever hand your dealt , and I’m hoping to gain so more fiat down the road to grab another 🏰 for my son. EXCITING TIMES! 😃 THANK YOU JAMES!! 🙏🏾♥️🏆 good luck y’all ✌🏽🙏🏾

Anonymous

We are still front running the institutions and you can self custody it is freedom …. But we still need mass adoption for our BTC beliefs to play out as we believe they will …. We need cogs in the wheel another fud dropping getting closer to mass adoption