Topic: Wall Street And Crypto: A Brief Overview (Read 150 times)
many of these "institutes" are only looking for earning more money. they are not at all interested in cryptocurrencies. they might as well be dealing with potatoes if potato trading had the same volume and potential of earning money! all these services you are talking about are aiming to get a piece of the profit that is possible in this ecosystem. which is why I disagree with your last statement. they don't have to buy anything from anyone cheap. they just make their profit by not even being involved in cryptocurrencies hence not exposing themselves to the risks associated with them.
This must be one of the reasons why ripple pumped, banks supporting the bankers coin. Most will have diversified into other coins like NEO and eos, many alts were in the green last week so lets hope they continue to invest
institutions are waiting out the financial year.
those that bought at the wrong time are actually enjoying their positions. they can claim losses and write off some taxes(while still holding the assets).
and start the year fresh with their ETF's and be in a good position for a 2019 big rise in their shares and profits.
so they are just waiting out year end.
they have buddies in the SEC whos trying to delay and hold off the small guys from starting ETF's so that the big institutions can be the first movers and be the big names. so again waiting out year end
2019 will be the year of institutional subsidiary startups in the bitcoin ecosystem. . its just a waiting game now for them to get their eggs in a row
those that bought at the wrong time are actually enjoying their positions. they can claim losses and write off some taxes(while still holding the assets).
and start the year fresh with their ETF's and be in a good position for a 2019 big rise in their shares and profits.
so they are just waiting out year end.
they have buddies in the SEC whos trying to delay and hold off the small guys from starting ETF's so that the big institutions can be the first movers and be the big names. so again waiting out year end
2019 will be the year of institutional subsidiary startups in the bitcoin ecosystem. . its just a waiting game now for them to get their eggs in a row
And many will still fall for it by selling off easily while the institutions bag all to sell off at high prices. The tactics and manipulation in Cryptoworld is just too much. Only the rich want to always be at the top.
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they have buddies in the SEC whos trying to delay and hold off the small guys from starting ETF's so that the big institutions can be the first movers and be the big names. so again waiting out year end
2019 will be the year of institutional subsidiary startups in the bitcoin ecosystem. . its just a waiting game now for them to get their eggs in a row
they have buddies in the SEC whos trying to delay and hold off the small guys from starting ETF's so that the big institutions can be the first movers and be the big names. so again waiting out year end
2019 will be the year of institutional subsidiary startups in the bitcoin ecosystem. . its just a waiting game now for them to get their eggs in a row
And that ain't far to happen like it's too obvious that they're just using this whole ETF issue to manipulate the market and when people least expect this then the market will surge drastically, so in the end those who swayed by fuds will be crying and thinking to pacify their selves by buying.
2018 is one hell of a roller coaster ride and this is the test of how strong our balls are.
institutions are waiting out the financial year.
those that bought at the wrong time are actually enjoying their positions. they can claim losses and write off some taxes(while still holding the assets).
and start the year fresh with their ETF's and be in a good position for a 2019 big rise in their shares and profits.
so they are just waiting out year end.
they have buddies in the SEC whos trying to delay and hold off the small guys from starting ETF's so that the big institutions can be the first movers and be the big names. so again waiting out year end
2019 will be the year of institutional subsidiary startups in the bitcoin ecosystem. . its just a waiting game now for them to get their eggs in a row
those that bought at the wrong time are actually enjoying their positions. they can claim losses and write off some taxes(while still holding the assets).
and start the year fresh with their ETF's and be in a good position for a 2019 big rise in their shares and profits.
so they are just waiting out year end.
they have buddies in the SEC whos trying to delay and hold off the small guys from starting ETF's so that the big institutions can be the first movers and be the big names. so again waiting out year end
2019 will be the year of institutional subsidiary startups in the bitcoin ecosystem. . its just a waiting game now for them to get their eggs in a row
Institutional investors have always looked on bitcoin and cryptocurrencies after learning that there is sufficient interest in the field to make profit happen. Upon seeing that only a few services and organizations are built around crypto, jumping right into a relatively-uncharted territory seem to be the most obvious decision to make. They want to build services to profit, not to really help the industry grow--though upon entering on the market, they bring with them tons of support from the conventional banking and finance sector. It's good that services would be spread out and not constricted into one institution which poses a risk for thefts and hacks. The more players playing the game, the better it is for the whole community.
Despite 2018’s market tumble, Wall Street institutions are still showing interest in offering crypto-related products, services, and solutions that are aimed at retail and corporate clients alike. As pointed out by the most recent issue from Diar, a fintech-focused publication that provides in-depth analysis of the cryptocurrency and blockchain markets, the foremost American banks have overtly shown interest in crypto assets. The Diar team wrote:
Excluding Wells Fargo, the 5 largest US banks have all indicated now their interest in servicing client requests for trading Bitcoin and other cryptocurrencies.
Source: https://ethereumworldnews.com/wall-street-crypto-brief-overview/
No doubt Wall Street and other big players want to buy from investors at relatively cheap rate for the only to enjoy the full ride!
Excluding Wells Fargo, the 5 largest US banks have all indicated now their interest in servicing client requests for trading Bitcoin and other cryptocurrencies.
Source: https://ethereumworldnews.com/wall-street-crypto-brief-overview/
No doubt Wall Street and other big players want to buy from investors at relatively cheap rate for the only to enjoy the full ride!
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