Institutions have recently taken a keen interest in Bitcoin and they've been pumping in billions and billions of dollars into btc. Michael Saylor and other billionaires who weren't cucked like Ray Dallio have been shilling their bags to get a good pump.
This apparently has also gotten the attention of Blackrock Inc. investment Management group*, which controls lots of money. And by lots something like over $8 trillion dollars of funds.
In a time when the dollar has been losing value and printers go brrrrrrrrrrrrrrrrrrrr, this move looks like it will contribute to the already bullish trend.
With a portfolio that fat, I can bet my penis that it itself will lead to a good pump in price. Not to mention the fomo that will follow.
And yeah, FOMO and speculation is probably the main cause for all this interest in Bitcoin...but hasn't it been like that always?
BlackRock, Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with $8.67 trillion in assets under management as of January 2021.
P.S: Look at ava going! For those of us familiar with the tokenomics, we still know its way, way underpriced. Buy while it's still cheap!
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I know Blackrock for it's ETFs so I really do hope they starting creating actual crypto ETFs. Maybe this will pave the way towards ARK type crypto ETFs.
AVA to the moon. I like it when my portfolio is green.
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Printers go BRRrrrrr upvotes just same
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It is great seeing big investment firms coming to realize that Bitcoin and crypto are real and secure enough to invest in. Thanks for the tip on ava. I will check it out.
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Bitcoin is the most wanted digital asset. Bitcoin in the market will be rare that triger the price pump. Howevrr in my opinion btc will drop in Feb reffering the chsrt from 2018 after bullish in jan 2018
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FOMO is just the cause of everything like you pointed out. Haven't heard of BlackRock, Inc but imagine all that money... I'll surely be adding a little more to the little BTC I have I mean who doesn't have these FOMOs
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You have not heard of blackrock?? It's like one of the biggest fund managers. Very influential.
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I like AVA.
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yes
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It is important that AVA likes you also. :)
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AVA is like Mother Theresa.
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Albanian?
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HaHa!!
You CAN bet your penis, but will you? That is the question!
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He's a man of honor :)
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HaHa!! Any vestige of honor goes out the window when a man's penis is on the line!
Just ask John McAffee :-) Though I'm not sure if his original balance of honor amounted to a vestige :-0
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no. lol
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Still waiting for some Elon Musk tweet just saying: LEO.
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Soon!
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I would like to know which will be their funds/ETF fees for crypto.
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no idea!
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It's Bitcoin futures. It's not acquisition. So they only have their foot by the door.
potayto potahto
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The institutional rush is only just beginning!
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Crazy stuff! Hopefully, they're not shorting on futures, though!
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Well... regarding your bet, would you mind adding some kind of timeframe ?
You know, just for the sake of it :D
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soon
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Just saw AVA and it's $2+ coming soon. Thanks, dear for the recommendation of this precious GEM token. I'm wishing for a $3+ AVA token and have a target to finish off one of my loans with the profits that I get from it. Cheers
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Another amazing news story!
Cryptocurrency will never be the same.
Now is the time to call maximum attention to our community, it’s a turning point. Lite accounts, eth mooning, crypto Twitter right around the corner..it’s amazing!Hi @trumpman
Upvoted, reblogged and tweeted!
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FOMO has made many coins become something out of nothing and become nothing again. Thankfully there is some rational decision making most members of the P&C park else were.
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Be careful what you bet, McAfee was betting he would eat his dongle, if bitcoin didn't reach 100,000 by 2020 and he obviously chickened out and bravely ran away :)
P.s If you were inconvenienced by the whole lightning db incident, I memed the heck out of it.
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View or trade
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BEER.BlackRock owns a lot of assets and companies. Imagine pouring only 10 billion into crypto what waves it would start.
Do you go also for the AVA airdrop?
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I don't care about blackrock and their paper bitcoins, but this gives the market positive feedback and will end up in FOMO.
And you know what I like? FOMO!!!!!!
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Maybe Bitcoin held by by such potent players is not as good as it seems. As soon as they own substantial amounts they are able to dump the price at any instant, while shorting stocks of companies with crypto exposure.
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then LEO Beat HBD
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