Post
Topic
Board Bitcoin Discussion
Re: Good or Bad - Blackrock Buying BTC
by
Reatim
on 30/03/2024, 09:41:31 UTC
So right now it seems the corporations want all of BTC. With Blackrock buying lots and lots of BTC. I consider this a catch 22 and a mix of good and bad.
What are your thoughts on this?

Sure for anyone who hodls  BTC and Blackrock buying more, value goes up. so it works for people already holding BTC.
Yet it makes it harder for others not in the market yet to buy more amounts , they will have to consider buying less now if on a budget.

Is this a case of too much too soon? or do you think Blackrock a good thing? thoughts?
Blackrock buying bitcoins is neither good nor bad, but this is reality. No matter how you feel about it, you can't influence the outcome or change it.



Exactly. Even if it is not beneficial to us, we cannot keep on complaining
because there’s nothing we can do about it

Instead we should start thinking of ways how to accumulate more bitcoin
even if it sounds impossible because complaining will get us nowhere