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Pokapoka124 (OP)
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January 21, 2021, 11:19:27 AM
Last edit: September 05, 2021, 05:34:45 PM by Pokapoka124
 #1

BlackRock is buying bitcoin

https://i.imgur.com/VZFXHlI.jpg

Still wondering why bitcoin hasn't touched $50k???

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January 21, 2021, 11:25:45 AM
 #2

Still wondering why bitcoin hasn't touched $50k???

As far as I know, futures have a very low volume. This might be reason.

I was also impressed by this news. Black Rock is  a multi trillionaire fund management company. This is the first step towards a whole new level of institutional adoption of bitcoin.

Blackrock funds are very respectable world wide, and a lot of institutions buy their funds.

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Pokapoka124 (OP)
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January 21, 2021, 11:50:52 AM
 #3

Still wondering why bitcoin hasn't touched $50k???

As far as I know, futures have a very low volume. This might be reason.

I was also impressed by this news. Black Rock is  a multi trillionaire fund management company. This is the first step towards a whole new level of institutional adoption of bitcoin.

Blackrock funds are very respectable world wide, and a lot of institutions buy their funds.
Yes you're right. Bitcoin just hit $32k. I think this will be the last correction before we go $50

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January 21, 2021, 11:57:41 AM
 #4

That's one of the major news today and I think the price will rise again these coming days. you guys better prepare for the good to come. If we have some news like this, it is better to save some money for the right time to invest because the moment the price will rise after this news, I doubt we will see the price this low again. Even the news about the other Altcoin will be a great impact if there will be some people like this that will announce their support to the public.

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January 21, 2021, 12:14:14 PM
 #5

Good opportunity to buy the dip right now if you have any spare fiat lying around. It won’t go much lower before we begin the next leg up so buy what you can now.

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January 21, 2021, 12:34:38 PM
 #6

Good opportunity to buy the dip right now if you have any spare fiat lying around. It won’t go much lower before we begin the next leg up so buy what you can now.
Very precise advice and I think this is an opportunity for those who haven't received a surprise last year to also be able to enjoy immediately to buy and hold on to it.
it does feel heavy when you see the price which is clearly quite high, but you can buy the smallest amount you can get or exchange your altcoins into bitcoins with the nominal amount you can if it's heavy for 1 bitcoin at the same time.

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January 21, 2021, 12:35:05 PM
 #7

BlackRock is stepping now in Crypto is really good move and I hope this news will definitely boost the price of BTC right now it has dropped again badly, In my opinion BTC is giving opportunity to fill our bags and guys make use of this drop.

These type of news are the key factor for price pump and I believe the price will go up from now so do not hurry and panic sell, have patience and plan accordingly.









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January 21, 2021, 12:45:15 PM
 #8

This is great news, that is a really huge amount of money that he is going to use to invest in bitcoin, it will surely pump the price of bitcoin. This is really a great opportunity to buy right now, we are now seeing a little deep of bitcoin but it is still risky to buy, maybe we should wait for some other time until it goes down to what we have settled for the value but the sure things we may have here is buying bitcoin now will benefit us in the future. It will surely go up once BlackRock uses all those money for bitcoin.

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January 21, 2021, 01:00:05 PM
 #9

Still wondering why bitcoin hasn't touched $50k???

Please be patient because bitcoin will touch that price soon. Meanwhile, we can enjoy what happens to bitcoin now, and maybe you can buy more bitcoin before the price increase. Once the price increase, you will be too late to buy bitcoin at the current price now and you will regret why you do not buy bitcoin while the price is at a low price.

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January 21, 2021, 01:11:30 PM
 #10

Ok, there seems to be a lot of speculation here about the dips and reises of Bitcoin, but it's interesting to see such major players getting into crypto and how that will affect crypto in general. Let's look at this broader, this might be a great step forward in the long run, right? I mean, could this not attract more funds to crypto, or is it still too volatile for others to participate? And a follow-up question since I am more or less new to this kind of news, has something like this happened before when we had such reises in Bitcoin prices? Because if it's the first then this could be a good presedan.

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January 21, 2021, 03:51:14 PM
 #11

BlackRock, the world's largest asset manager with $7.81 trillion under management, seem to have given two of its fund the ability to invest in bitcoin futures.

Still wondering why bitcoin hasn't touched $50k???
They never said that they are going to invest in bitcoin, they will be investing in the futures market, with huge players entering the futures market where they do not even hold the coins but the main thing you will see is that they could manipulate the market easily and i wont be surprised even if we will see major corrections every other week when these kind of big players enter the market.
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January 22, 2021, 12:17:34 PM
 #12

This is really good news for those who love Bitcoin and have invested in Bitcoin.If everyone waits patiently and invests in Bitcoin,then something good can be expected.Because,we all know that the future of Bitcoin is very good.
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January 22, 2021, 12:51:13 PM
 #13

With the down of bitcoin price, I think that can attract more people, especially big investors, to invest in bitcoin because it is the right time to buy bitcoin while the price is down.
But on the other side, some people are panic to sell their bitcoin because the price is down too deep.
But if they can think more instead of panic, they will see that it is not good if they sell fast their bitcoin because the price will increase higher after this moment.
With that news, I think more instances will see and read that news, and they will start to buy bitcoin.
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January 22, 2021, 01:24:43 PM
 #14

Still wondering why bitcoin hasn't touched $50k???

As far as I know, futures have a very low volume. This might be reason.

I was also impressed by this news. Black Rock is  a multi trillionaire fund management company. This is the first step towards a whole new level of institutional adoption of bitcoin.

Blackrock funds are very respectable world wide, and a lot of institutions buy their funds.
Yes you're right. Bitcoin just hit $32k. I think this will be the last correction before we go $50

I agree with you, because the price of Bitcoin will definitely make a correction after the price had risen very high (making a new ATH price) and after a correction occurs, then the price of Bitcoin will start to rise very high again (bull run), so this is our opportunity to buy more Bitcoin to be used as an investment and wait until the price increases very high again, because I believe the price of Bitcoin will definitely continue to increase and give us a big profit (Bitcoin is gaining popularity and many people have started to investing in Bitcoin, so that makes me believe if the price of Bitcoin will definitely increase very high in the future).

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January 22, 2021, 01:30:11 PM
 #15

This is really good news for those who love Bitcoin and have invested in Bitcoin.If everyone waits patiently and invests in Bitcoin,then something good can be expected.Because,we all know that the future of Bitcoin is very good.

With bitcoin price has fallen a bit now and available at 32k price so it is a good time to invest some of them before again it can take off and cross 40k . Time to buy some at this price and will keep some just in case if its falls further so will accumulate form that price too.

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January 22, 2021, 01:46:15 PM
 #16

BlackRock, the world's largest asset manager with $7.81 trillion under management, seem to have given two of its fund the ability to invest in bitcoin futures.



Still wondering why bitcoin hasn't touched $50k???
for the $ 50k bitcoin price issue it still seems possible, but it requires the support of many parties and also takes the right time, the drastic increase in bitcoin seems to have taken months or years to be realized. so if only relying on large investors will not be able to make bitcoin prices exceed the limit, there must be support from the public and good market movement

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January 22, 2021, 02:10:28 PM
 #17

From what I notice I think Bitcoin is currently at dip and I think this is the right time to Buy more bitcoin before the price pump again I will advise everyone to buy as much as possible, Bitcoin can also change your life this year.

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January 22, 2021, 02:26:05 PM
 #18

It will in due time. It is just a matter of time before we will see that in reality. For sure a lot of investors who are waiting for the perfect entry price are now starting to gather as many Bitcoins as they can have. This is the moment a lot are waiting for.

I guess this correction will be followed by a more aggressive price rally that will finally shatter $50,000. It may happen well within the first half of this year.

Not to mention that another batch of stimulus is coming. A nice portion of that will probably be going into Bitcoin.
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January 26, 2021, 06:46:06 AM
 #19

Quote
Still wondering why bitcoin hasn't touched $50k???

Because Bitcoin futures aren't Bitcoins.I mean duh. Grin
Buying BTC futures is just betting money on the future BTC price,without buying actual Bitcoins.
BlackRock is a massive institutional investor,probably the biggest in the world,so this news is great(unless it's fake news).
Unfortunately BlackRock isn't as popular as PayPal and most of the financially ignorant newbies don't know anything about this company,but I hope that BlackRock will take the lead over the bullish Bitcoin market and buy real Bitcoins in the near future.

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January 26, 2021, 06:47:20 AM
 #20

Good opportunity to buy the dip right now if you have any spare fiat lying around. It won’t go much lower before we begin the next leg up so buy what you can now.
I don't have much fiat but I hold a considerable amount to profit big time when this thing happens. The prices will go up like the thief of the night, many would be expecting that it is a slow growth but they will be proven wrong when the time comes. Haven't heard of this company but it seems that they are a big investment manager which means that they might be a temporary investor albeit a big one but who knows, investment companies tend to not let go of their clients even though the clients wants to pull out.

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