In the start, Bitcoin was seen as this quirky online cash. I mean, who thought it’d go from pizza purchases to institutional investments? Then the ETFs came and suddenly Wall Street's all in.
Wall Street's Newfound Crush on Bitcoin
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Reality check, though. Wall Street doesn’t care about Bitcoin itself, just the profits. They’ve got the green light to cash in now, and that’s what they’re all about.
Right? They were calling it a scam at first, but now they’ve created this whole strategy to rake in profits. They realized Bitcoin’s value and don’t wanna miss out anymore.
Totally agree. They probably hoped to keep prices low while they bought in. And I think regulators have done well with companies like Coinbase, making it easier for them to operate.
For real. They hated Bitcoin but once the ETFs started rolling in, they changed their tune. I don’t know if that’s good or bad, but the demand is definitely going up.
Exactly. They’re not in it for respect; they’re just seizing every opportunity they can. Wall Street’s ruthless, just a money game for them.
chris_maxiNewbie
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#7Sep 9, 2018, 03:00 PM
Do they actually love Bitcoin, though? I doubt it. If it wasn’t making money, they wouldn’t care at all. It’s all about profits, not the tech.
Honestly, we should be wary of them. They only care about profits and might mess with the market’s credibility just to get what they want.
It’s ironic. The very people who dissed Bitcoin are now the ones who make it seem legit. Those who invested early must feel pretty justified now.
falcon_satFull Member
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#10Sep 9, 2018, 11:21 PM
Yeah, they’ve found a way to profit from it now. It took them a while, but they’re playing catch-up. And now they’re acting like they’ve been in love all along.
It’s just about the money. True Bitcoin fans are those who held on through the rough patches, not these opportunists.
jake.minerNewbie
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#12Sep 10, 2018, 10:44 AM
Let’s be honest: are we any different? If Bitcoin stopped being profitable, how many of us would still care about it?
True, we’re all here for profit to some degree. But we’ve been through the struggle while they’re just jumping on the bandwagon now.
Respect? Nah. If they respected Bitcoin, they’d use it how it was meant to be used. Instead, they’re just pushing centralized services.
Sounds familiar. We all kinda relate, but are they really in love with Bitcoin? Even if they’re just business-minded, it’s a step forward.
There’s a few who really get Bitcoin’s essence, but let’s face it, most of us aren’t using it as a currency. So why blame Wall Street?
bridge_2016Senior Member
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#17Sep 11, 2018, 05:15 AM
Their perspective has definitely shifted. Now they see Bitcoin as a cash cow, not a tech revolution. It’s just about making money for them.
Bitcoin wasn’t appealing at first, but after that pizza purchase, it gained traction. Now even the naysayers are on board.
raven_2020Member
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#19Sep 11, 2018, 12:57 PM
I think they had a lightbulb moment when they realized Bitcoin’s potential. The spot ETFs just made it easier for them to dive in.
ben.matrixNewbie
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#20Sep 11, 2018, 06:02 PM
Yeah, they probably loved it even before the ETFs. But we all know it’s just about profits for them honestly.