Bitcoin ETF coming, shitcoiners get rekt

This means the price will plummet or stay below +30% grow per year.
>But A-a-user that not real Bitcoin its a future contract
BITCH PLEASE DERIVATIVES are a must go safe zone to people who only want to buy and sell with almost zero taxes and still call it legal. SEC backed and all. This means normies will remain at Wall Street net and never actually touch BTC.

But it will ultimate affect its market price

How does it feel the dollar wins again?

BULLSHIT, 14k to 20k was the CME crap.

u wot m8?
the bitcoin ETF will track futures but it will still give legitimacy to BTC and bring in potentially billions in hedgefund money. Novogratz, Thiel, Goldman Sachs they are all already in and a ETF will only bring in more. but what the hell, keep gambling away on shitcoins that will all be worthless in a year I guess

you guys are fucking retarded if you cant see the bigger picture here. wall street is throwing everything they got at BTC and none of this shit is gonna bring down its price. at some point they will cave in and start trading BTC directly to get a piece of the pie. A bitcoin ETF tracking futures is another step to that endgame and it WILL cause an upshoot in price. you are legit retarded if you dont hold some BTC for the long game but what the hell I guess Im wasting my time here.

>Bitcoin price shoots up
>alts get recked
>except LTC, which shoots up so people can actually transfer without paying retarded fees

The future is coming up whales.

you underestimate one thing
> greed

right now if you get into BT and it goes to 50k that's a x3 at best
some alt can easy go from 0.1 to 1 wit ha good news

last time BTC fucked the alt because the market was thin but that's no longer the case
just look how much it's struggling right now

>I cant believe noone gives a fuck about this. Is everyone all in on shitcoins now?

Yep. People see 10x gains in shitcoins. 25x in dinocoin. Logic. You will need REALLY good about BTC usage or really bad news about ICOs (like SEC regulation). to change the market.

you should take a step back and look at the bigger picture
shitcoins are 99% worthless garbage and the bubble will pop. all that capital will flee into save havens and BTC is still the #1 crypto no matter how much biz shits on it. BTC is close to its ATH again btw I dont see it struggling at all. you fags will be struggling tho when you have to sell your pansy asses on the street because you gambled away all your lunch money on worthless garbagecoins

yep, this market is not the same market as a month ago. alts are here to stay.

BTC got totally neutered by futures, and will most likely end up being controlled. If anybody really wants to use it as currency, it needs stability, so say goodbye to 50% growth and hello to staying a bit above yearly USD inflation rate.
There's a reason businesses like Steam stopped accepting BTC, it's gains equal volatility equal uselessness.

oh well I tried my best
I guess you can all fomo back in once it hits 25k

wouldnt an etf include multiple securities, in this case, multiple coins? how the fuck is it an etf if the only holding is bitcoin

>went up 3x when future contracts were announced
>got totally neutered

pick one the futures are cash settled and wall street cant neuter BTC no matter how hard they try. you adhd fags literally have a time horizon of one week apparently. buy high sell low biz, never change..

honestly at this point I'm not sure BTC is ever going to reach 50K even tho I was preaching that 2 month ago
but shit man BTC is fucking shit compare to other alts, LTC completely outclass on BTC as a currency

also ripple really showed normie that BTC is not the only option and that ther's other project out there

>the futures are cash settled
lol really? if i were to buy one of the futures, i cant request my commodity?

You nigger are clueless. Look at the gold price history. After JKF plan was take down, the rational thing was its price to skyrocket. Or even back when the British were the overlords of the world it HAD to keep mooning just like BTC.

Suddenly pseudo-ETF came in and multiplied the supply of gold always making its price rise a little as a global market in reference to the sterling and then the dollar.

And people fell for the excuse because you can't move Lead or Gold from a user to another, time, and so on.

But fucking BTC? ETFs shouldn't apply to fucking BTC. Its like Dollar ETFs you get it?

They are artificially selling more supply of an already KNOWN limited supply not even a doubt about it. They are multiplying BTC and will do the same as they did with gold. Letting its price increase in pair with the a safe return % and crashing the market once its cap market moons or cooling the offer once people cash out to make it moon slightly.

BTC as real BTC will never be touched again. And if you think its unfair just take to consideration that the Fed Reserve has never been auditioned nor NY gold reserves.

If you don't still get it, its like a fixed forex were big players just make their own market. You can always win, but not more than 30% or that easy, most gains go to the house.

25K?!
That almost 20% above last ATH!! Imposibru.
New refuge values are ETH, exchange coins, LTC and fucking DOGE

>mfw biz would rather prefer to gamble on ERC20 tokens traded on ching chong exchanges when they could just buy and hold and be setup for life

you fucking dipshit the gold futures actually serve a purpose because you cant just go into a store and buy 500k worth of gold and put it in your basement. the BTC futures serve zero purpose whatsoever as everybody can go on an exchange and buy as much as he wants. you think I dont know about central banks manipulating the gold price? you are fucking clueless and clearly dont see the bigger picture here. Wall Street will throw anything they got at BTC and none of it will work (the future made it triple in price when they said it was gonna "tame" it). At some point theyll cave and just trade BTC directly. The smart whales are already in like Thiel, Novogratz even fucking GM has a trading desk for cryptos. You fags are really beyond help if you dont see the long game here

not even to mention that the bankers control the London Precious Metal market and have been fixing the gold price for decades. they cant fix the BTC price though because there isnt a single exchange that decides the price. Jesus christ dunning kruger in full effect here

You are 100% correct EXCEPT that BTC is also worthless garbage. It was fueled by the same speculation as shitcoins. For BTC to increase, the usage of BTC has have a higher speculative value than FaceBook 2.0 ICOs.

25k is when youll be fomoing back in because theres no end to the rally in sight
BTC is literally the only crypto worth a damn besides XMR and you fags keep pissing away your holdings on worthless altcoin garbage for fiat gains. I cant believe what a cesspool full of normie-tier retards biz has become. A year ago anons would have been all over these news.

People have already accepted that Bitcoin is the Myspace of crypto. It is a red giant that has reached peak luminosity and has begun its slow collapse into a white dwarf. If anything, ETFs and other instruments will turn BTC into a boring investment (0 to 5% a year) rather than give it new life.

BTC is the most secure crypto, biggest dark pools for liquidity, miners have millions invested in the infrastructure and even the peoples republic of china has indirectly tied up assets in it already. the dollar is on the way out and the ching chongs are already rolling out the petro yuan, its just a matter of time before the USD collapses in itself. its only gonna be a matter of time before one country cracks and takes on BTC as reserve currency as a hedge in the coming currency wars and then its off to the races. no other garbagecoin will ever even come close to it. if you think BTC is worthless and are just in it to make some fiat gains you literally didnt get anything at all and might as well just gamble in a casino.

more or less 15% more bitcoin everyday through alt trading isn't necessarily pissing away money, and I'm not a moon rider

i used to believe biz was just fudding for the lulz but apparently you guys really are shortsighted morons

if youre daytrading for more BTC holdings then more power to you but a lot of anons have fallen for the shitcoin meme apparently

Are you an r/bitcoin subscriber? I'm sensing a strong Dunning-Kruger effect from you. I recommend you get off your bubble for a while, look critically at your beloved coin of choice and acknowledge that it's being disrupted as we speak.

this tbqhfamily

I don't blame them. They are in for some fast Fiat gains and this is actually possible with whales kicking around alts to not make the bitcoin market explode to one million per coin in an instant. More legit financial products will help to obscure this wealth transfer even more

i dont have any of the shitcoins in ur pic, feels good

Stop telling people altcoiners will get REKT u fucking FUD piece of shit

Tell people that they would make MORE MONEY if they just change to BTC when it rallies a couple fucking grand

But if it goes up 1 grand then fuck it, not worth selling your alt position

>Bitcoin isn't secure because Chinese miners control more than 51% of the hardware and pools.
>Forgetting a hack, if they took those miners offline, fees would skyrocket, transactions times will drop.

>its just a matter of time before the USD collapses in itself.

That's a possibility but it's such a long shot. You are hoping for 1) economic collapse and 2) people flocking to BTC as a safe haven.

> might as well just gamble in a casino.

Currently crypto has better odds than casino.

Literally neets have bought bunch of GPUs

>muh miners invested therefore BTC is king

Its most secure
>literally stolen 50m the other day

Neck yourself core cuck. BTC is fucking dinasour corpse that is kept alive by fucking wall street

>bu bu muh decentralization
>fuck banks, and government and shit

>BTC is melting before our eyes
>Oh vey Facebook put 124132 billion dollars into BTC
>King is back
kek

corecucks are so delusional

upcoin.com/?ID=7c3db55c

Upcoming new exchange. First 100k who sign up don't have to pay fees any longer.