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Author Topic: Bitcoin, the institutional coin  (Read 368 times)
michellee
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April 11, 2021, 11:32:04 AM
 #41

I see bitcoin becoming an institutional coin in the nearest future. institutions are beginning to buy bitcoins in billions of dollars. this will automatically reduce the amount of bitcoin in circulation thereby forcing up bitcoin price.
Even if that is true, bitcoin still for all people who want to hold bitcoin as an investment and make money from bitcoin. The institution can buy bitcoin at any price, but that does not mean that people can not buy bitcoin. If people see bitcoin worth holding, they will buy bitcoin too and hold it for a long time.

The demand for buying bitcoin will increase in the future, especially if bitcoin prices start the rally and break the highest price. People will see that bitcoin will be the best investment for them, attracting bigger companies to join the bitcoin world.

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