Quote from: Sanitough on May 25, 2025, 01:03:25 PM

Quote from: riverdip on May 24, 2025, 11:46:48 AM

- The SEC delayed Grayscale's Dogecoin ETF decision.

No offense to DOGE supporters, especially the disciples of Elon Musk.. but honestly, I think it’s a good thing that the decision is being delayed. That means they’re taking the time to think it through carefully.

I personally hope it doesn’t get approved. For me, it feels like a joke to see a meme coin like DOGE having its own ETF.

Just sharing my honest opinion here - nothing personal.

I am with you on this and to go further I cant honestly believe that the idea of a DOGE ETF was even
brought about.

Quote from: _BlackStar on May 26, 2025, 10:03:08 PM

Quote from: el kaka22 on May 26, 2025, 08:15:44 PM

These big companies ending up with getting great amount of bitcoin because they are interest in bitcoin and have the money for it as well. Think about it, getting 500 million dollars worth bitcoin isn't a big thing about Blackrock and that seems to be the case.

If we can move further, then we will realize that 500 million for blackrock is literally nothing, they can lose that much, not drop or some, I mean lose all 500 today, and it would still not be a big deal for them at all. This is why we should not be really considering anything further, it should be simple case and we could make it happen. For that reason I am pretty sure we are going to make some money based on this, just invest when they invest and we should be doing fine.

We should not invest just because there are big companies involved in it. We need to analyze ourselves and decide whatever our purpose of investing is and which assets we will do it in. So far, bitcoin has proven to have good performance as an investment asset - small and large companies are showing interest, but we don't need to use them as a reason why we need to invest in bitcoin.

They invest for different purposes than most of us. I think big companies invest as a store of value or to protect their balance sheets - while most of us have purposes like retirement assets or maybe to pay for our kids' college education or whatever. Institutional involvement is a form of support for bitcoin - we should appreciate it, but not make it the basis for why we invest.

I agree that we should not get interested in investments which big companies and investment
specialists get interested in, actually its not easy or even its impossible to buy shares in investments
without brokers anyway.

We already know about Bitcoin and in my book its the top investment there is, there isnt anything
else which I am interested in anyway.

I recon there are people and other companies though who are not already in Bitcoin and who will
follow the lead of other companies or the recommendation of their brokers to Bitcoin and this of
course increases the adoption.