Bitcoin Forum

Bitcoin BTC should not depend of any Powerful government in the world or no need to depend on Institutional investment .

I think any institutional investment will be dangerous for btc and it will break the bitcoin real power which planed by it's creator ,
So it should be go and spread whole over the world and to all world public because I think bitcion never down 80% of It's recent ATH halving amount.

But it is not possible now, Already more institution and whale group created and try to manipulate.   
??? But the main interesting things is they are not success  ;D because bitcoin never go blow 80% down from it's recent previews ATH, which is indicate they it will more intelligent investment way day by day.

So the real BTC lover and satoshi no need any ETF of govt approved.
Because bitcion make all people which mean we are all satoshi. ! BTC

Bitcoin doesn't belong to anybody, it doesn't belong to any institution. What you see is happening around the market is the institutional investors protecting where there money grows. The government doesn't have power over the network, they don't mine Bitcoin neither do they relay transactions, these are independent people doing their thing because they believe in a decentralized network, they careless about what government or what institutional investors think about Bitcoin.

It's normal to see market behaves when institutional and government get interest on something because they control the monetary and fiscal policy of the economy, Bitcoin depend on it to grow on the price but not on the network, most of the time people follow where there is money, who do you think controls the world? It's the government, basically government with good economy means money goes where they go and so are both institutional investors, the retailers and small ventures, everybody want their investment to be protected.

People will buy what they want even if you tell them they are not buying real Bitcoin, if they preferred ETFs over real Bitcoin, then so be it. If they are not buying directly from the market, then somebody else is doing it on there behalf. The Bitcoin they are meant to buy is been are bought by someone, it's still the same action on the market, it's their concern to worry about the custody of their investment.

If ETFs are what they prefer, it is better they should go for it if it will help adoption. But I am not using ETF but BTC which is also much easier to afford to purchase. I will like to have absolute control on my coins than to be depending on someone else.

If institutional investment is dangerous for bitcoin and at the same time, bitcoin needs to spread to the whole world, how will this happen without the institutional investors.

Are you saying that the only aim of the institutional buyers is to drag the btc price down by 80%. Don't they benefit when bitcoin price is up?

We are all Satoshi including CW and scammers.

Bitcoin is made for the public use, it was made for us but we are all not satoshi, if we are then many crypto projects will be as great as Bitcoin, the sacrifice that master Nakamoto made is solid and that's the foundation of Bitcoin, how many other developers made similar sacrifice so far? Please stop saying we are all satoshi, there will likely never be another satoshi ever again, because many people don't want to do the same thing he did, they feel it will take forever for them to become rich, smart people are not so smart today like they claim, they want the money bags very quickly.

In fact, the price of BTC is influenced by government issues, especially in the USA. For example, Trump's decisions related to trade issues, such as the 120% tax previously imposed on China, immediately caused the market to decline. and yeah holders or buyers sold their coins or tokens. So, government decisions indirectly impact the crypto market.

Bitcoin has no regulating body, so there is even nobody to propose any regulations in the decentralized space.
The ETF is an external body of it own and not part of the Bitcoin core to say they regulates Bitcoins.

Even, before they gained the position as institution companies, they had to go through government approval so that they can also include Bitcoin and crypto to the stock and commodities they holds. It is not really that they regulates Bitcoins rather, they holds Bitcoin of those who buys and entrusts their assets with them while they also mainstream Bitcoin to speculate it adoptions for investors. They also don't decide for the shareholders on when to buy and when to sell their Bitcoins.

They are all at the same risky position as every other Bitcoin investors regarded that volatilities of the Bitcoin market has impact on users.
The only influence the ETF has over Bitcoin is the price manipulations because, they buys aggressively and holds substantial values in the marketcap but does not regulate the price like the stocks.

Good results of Bitcoin is due to the giving up and high rightness of its founder, Satoshi Nakamoto, that other crypto projects do not copy that much. Giving up of Satoshi was seen in his choices to go away from his creation without ever having to touch millions of Bitcoin that he mined, in his wish to make it truly spread out, and in his long term, patient idea that he built without fame and immediate wealth. Although it is said that we are all Satoshi to talk about community behind Bitcoin, you are correct in stating that not many modern developers are as unselfish and that most of new projects are pushed by simple rush to get money, which is why they cannot build strong and dependable base like Bitcoin did.

bitcoin is currently standing alone and not in any way supported by satoshi and most of us are even doing little thing to help it stand against regulation other than the fact that we are actually holding it and are at the same time enthusiastic about it. there is nothing like a WE when you are referring to bitcoin investors because what you are talking about is different individuals that are in the system and that are doing probably different things in the system. some are investors, some miners, some core enthusiast that daily preaches about how bullish bitcoin is while others are just into the system to gain from it and run away without bothering about what becomes of bitcoin later. for those that are just in to milk bitcoin and run away, it is not right to attach anything that is related to satoshi to their name because they do not deserve such.

Satoshi designed Bitcoin as a decentralized currency that does not depend on any government or financial institution, his goal was very clear that Bitcoin could function without central control and give users full control over their assets. On the one hand, institutional investment can bring benefits such as liquidity and stability, but on the other hand it can pose risks for Bitcoin. It's natural to worry that institutional investment will be harmful to Bitcoin, but did you know that Bitcoin has been thoroughly tested and demonstrated resilience against manipulation and other attacks, including attempts to change its protocol or manipulate prices, These failures prove that Bitcoin has strong strength and security.

It is true that Bitcoin has never dropped 80% from its ATH because it has always shown its ability to continue to recover from price declines and has succeeded in reaching new ATH several times. This resilience and proven ability show that Bitcoin has the potential to grow and develop in the long term.

Bitcoin was designed to be decentralised and void of any institutional or government control. It is dependent on its own and there is nothing hidden about it. Rather, institutions and government are now depending on it to make profit and also it has now become a store of value and also national reserve to many that see it's capabilities in such manner.

It is true that the market sometimes get manipulated by whales and actors who wants to rake in profit for themselves and that is one of the factors that keeps it going. One thing you should know that these factors are just natural and it happens to keep the cycle and trend evolving. If there are no players, the system would be boring and maybe none would be interested because they would hardly get something out of it and it is for this reasons why we see whales, institutions and government's picking interest in Bitcoin because they all have something to benefit from it which is why we constantly see huge purchase and sales as well. All these are what makes the market trending.

In all, Bitcoin is not dependent on the government for any reasons as it is decentralised in nature but rather the government and people are dependent on Bitcoin because of the benefits they derive from it in terms of financial gains, self custodial service,  mobility and lots more to mention.

I think the Op is coming from the fact that the bitcoin core is decentlized and as an open source blockchain that miners can mine blocks while users could as well facilitate on making transaction without intermediary party involved and also as technologies evolves, the privilege of individuals technical developers building different networking technologies to broaden and strengthen the system to make it more convenience and secured for the communities without the involvement of the government is why Op is being this diluted that we are all Satoshi. Also couples the fact that Satoshi is not revealing itself.

We are not Satoshi and I can tell you for free Op that if we are Satoshi, the bitcoin blockchain would had crashed by now. Don't also be carried away to have the same reliance on other coins like bitcoin because developers are only trying to immediate the inventor of crypto identified as Satoshi while so many developers has timely followed suit and made away with the community users funds.

No!  :o
I means they can manipulate & manupulator not become real satoshi because they not use real decentralized economic method to grab more btc,
 but they are not able to total control it BTC.


Whales are manipulator ( not holder) which is not mean real btc power so not real satoshi.  ::)

But the way governments and big institutions are getting involved now is natural because they go wherever they see potential for money. On the other hand, it has an impact on the market because big investors can change the direction of prices at will. Still this cannot be called bad, because their presence keeps the market liquid and increases interest.

We are all satoshi because we don't know who is Satoshi... so in the doubt ::)
But I think We are all providing a great advancement to this technology. Not only by coding but even just while chatting...

bitcoin is a kind of revolution that grows from the "bottom".
Everyone could take part on it. Everyone could compile code for bitcoin, everyone could be "Satoshi" by providing his time and effort to bitcoin and to the network.
and probably many many other things, at a certain point scientific papers could be produced on this matter...

I would also add a "negative" thing.
As you may know at a certain point Satoshi has become to be "attentioned" by many groups of people including agencies and so on.
Even Hal Finney has been threated and doxxed when he was already diagnosed with SLA.
Anonimity and privacy with bitcoin are a MUST. At a certain point, all people involved with bitcoin become "Satoshi".
My 2 cents, all bitcoiners must protect the other privacy and anonimity like the maximum value that we have.

I don' care completely if a coin will reach 5 or 10 or whatever million. My interest relies only on my freedom, health, and good mood.

I guess that is close explanation to that since as we are Bitcoin user and all of us have some sats then maybe we can claim that all of us is satoshi because we are supporting Bitcoin on different levels.

This claims is actually not claiming to be real, but rather just taking those words as form of gratitude that we are really proud to be a Bitcoin user.

Some might not agree but let's respect each other opinion since maybe all of us have different take towards this situation. But what's important of all is we keep supporting and buying Bitcoin then earn those good benefits what it can offer to us.

If those figures you have mentioned would came then its good but if not still fine. Since what matter the most is Bitcoin become more successful and we've seen that global adoption rate is growing.

The ETF doesn't really control bitcoin price rather, it's a central body or institution that buys bitcoin while individual investors who feel it's safe for them to entrust their funds to the companies may buy portion of shares of the ETF without the investors holding the assets by themselves. It's like owning bitcoin and holds it in the regulating exchange platforms where you don't have the private keys of your wallet on-chain in the blockchain which controls the security of your funds that prove the original owner of the coin while you'll only be given access login of the platform where the funds are stored.
The vice and core practice of the decentlized blockchain system is holding the funds in the non custodial wallets directly on the on-chain where you've the seed phrase which gives self custody of your funds.

All being said clearly states that the influence of the regulations is limited to control the bitcoin network but when you hold your assets with them, it automatically means they hold your private keys which means that particular user or investor has submitted it funds and privacy for the authority to control.

We are all Satoshi because we have similar likes with him in terms of privacy and decentralization, which is what everyone of us has by coming in agreement to why he created bitcoin and also adopting to this success to also be a beneficiary, these are the benefits we don't enjoy at all from the central authorities in the government run economy, however, bitcoin has been the reason to why we all have financial freedom and we are proud to be identified with Satoshi because of these benefits.

This doesn't make us Satoshi, we contributed nothing to Bitcoin, even the Devs won't dare use this statement, we all crave for privacy and decentralisation but we did nothing, I will say it again, we are not Satoshi's, let's stop fooling around.

Everybody want to be rich in this world, it is a dream, and how many get rich in the end? Very few, does trying makes them rich? Hell no, just because we have same vision doesn't make us a winner until it come to past.

I respect everyone's opinion but I know my fellow humans very well, things are going well for Bitcoin, we all shanting Bitcoin name like prayer verse, if something bad happens to Bitcoin tomorrow no one will want to say they are Satoshi.

Bitcoin blockchain is Proof of Work, not Proof of Stake and institutional investors have no power to affect Bitcoin blockchain no matter how many bitcoins they have. Bitcoin blockchain is decentralized by its hashrate distribution and Bitcoin nodes globally. You don't need to have any bitcoin to run and have your Bitcoin full node.

Your Bitcoin full node is the same as any node from Bitcoin institutional investors that have more bitcoins than yours.

Bitcoin Spot ETFs have impacts on Bitcoin price in this market cycle as you can see that its bull market drawdowns are smaller than drawdowns in past market cycles. Bitcoin Spot ETFs actually bring enough buying demand and buying capital to support Bitcoin price very well over months in this market cycle.

Bitcoin bull market correction drawdowns. (https://studio.glassnode.com/workbench/bf532ce2-a66b-4798-6deb-bf3ba7decc59)

If they want to manipulate the market more, they could do it in a way that will make the price of Bitcoin to fall more than what we never imagine. This people has is many Bitcoin in the wallets and if they decide to sell it short the market, that means everyone will be panicked and that could make others whales so sell their Bitcoin so they don't lose the profits they have already gotten to buyback the market when the price goes down very well so that they can starts making profits for themselves.

These two interests that you seek to demonize have helped propel Bitcoin to the height it's enjoying now. Without them, it's possible that Bitcoin wouldn't be having the level of exposure, popularity and traction it's having at the moment. The US is driving that force now. Of a truth, it would've been better these two aren't involved in Bitcoin but then, everyone is a capitalist. We all want what will fetch us money. Bitcoin is an asset and everyone wants a bit of it.

It doesn't matter whether they're real BTC lovers or not. Once they support anything that boosts BTC exposure and demand, they're comrades in progress. There are people who wouldn't even consider BTC an investment if ETF isn't there.