Will institutional money finally start coming in?

[Alley]

I mean what are they waiting for?  The fact that the market cap isn't 12 figures is a joke.

[2017Bubble]

No mate, snapchat marketcap is bigger then this tiny coin.
We all gonna get filthy rich.

[Ted E. Bare]

lol snapchat, Indeed this is just the beginning.

[The Sceptical Chymist]

Don't know,  but if a raging bull market doesn't suck a lot of people into the market,  nothing will.   What about the winklevoss twins?  Are they still involved with bitcoin? 

We're clearly approaching the ATH, so I think that ought to bring wall street in just a little.

[talks_cheep]

Institutional players will continue to stay away from crypto. Why? Because it's too speculative, it's too complicated, it's mostly used for shady, unsavory characters on the internet, it's just not worth their time and energy.

I tell the institutional entities to stay away. Far away.

[Fajman]

Institutional players will continue to stay away from crypto. Why? Because it's too speculative, it's too complicated, it's mostly used for shady, unsavory characters on the internet, it's just not worth their time and energy.

I tell the institutional entities to stay away. Far away.

Dude you just described what institutional players thought of the internet about 20 years ago. They will come whether we like it or not.

[Ahab_Hunter_of_BearWhale]

Don't know,  but if a raging bull market doesn't suck a lot of people into the market,  nothing will.   What about the winklevoss twins?  Are they still involved with bitcoin? 

We're clearly approaching the ATH, so I think that ought to bring wall street in just a little.

Winklevoss twins are definitely still involved. Was reading a couple of days ago that a 250k order came on on thier exchange, Gemini and ate the sell book right up to 1000$. So yeah, things should definitely start to get interesting once institutions realize they should probebly at least include BTC in thier gold silver hedging portfolios.

I hope the banks hubris hurts them with thier private distributed ledgers irrelevant and the little guy gets a break. In 5-10 years it'll be a complete joke how the bloody banks tried to force people into "private blockchains/distributed ledgers" - unless the price mechanism that ensures such a ledgers function is traded on the free market such "distributed ledgers" are neither distributed or public, or sound ledger systems with a trust mechanism xD

[jubalix]

BTC has to be circa 200~400B before institutional money will be forced to take a look.

This will be about the level they will trade of need to be in with the adoption curve, and there be enough liquidity for them to enter an exit.

you need more liquidity / volume

also its harder for institutions to obscure their exact position as any person can verify how much an institution actually holds, (if the instituion puts addresses out there)

[oblomov]

BTC has to be circa 200~400B before institutional money will be forced to take a look.

This will be about the level they will trade of need to be in with the adoption curve, and there be enough liquidity for them to enter an exit.

you need more liquidity / volume

also its harder for institutions to obscure their exact position as any person can verify how much an institution actually holds, (if the instituion puts addresses out there)

Bitfinex has just started an OTC desk to allow institutions to trade in size without showing the cards they hold.

It's getting interesting.  Unfortunately, it's happening a bit faster than I had hoped.

[Famnant]

I mean what are they waiting for?  The fact that the market cap isn't 12 figures is a joke.

When the bitcoin market cap is over 100 billion US dollars then the small institution money will start coming in.

[Denker]

Don't know,  but if a raging bull market doesn't suck a lot of people into the market,  nothing will.   What about the winklevoss twins?  Are they still involved with bitcoin? 

We're clearly approaching the ATH, so I think that ought to bring wall street in just a little.

Yes the Winklevoss are still with us.
Still fighting to get their ETF approved.

What is also interesting that Elon Musk, Peter Thiel and are appointed to Trump's team of advisors.
Both think positive about Bitcoin.
The same goes for Mick Mulvaney who Trump picked has picked as budget chief.

https://www.cryptocoinsnews.com/trump-picks-a-bitcoin-supporter-for-cabinet-as-u-s-budget-director/

http://bitcoinist.com/bitcoin-mulvaney-trump-budget/

https://www.cryptocoinsnews.com/elon-musk-appointed-trumps-team-advisories-thinks-bitcoins-good-thing/

https://coin-etf.com/

[1Referee]

I mean what are they waiting for?  The fact that the market cap isn't 12 figures is a joke.

I think there are several factors as to why they are not (yet) willing to invest their money into Bitcoin.

I'll list a few reasons;

- Still too many large holders (early adopters) with insanely high coin stashes, with Satoshi as perfect example.
- Mark Karpeles still holds around 500,000BTC somewhere. Don't forget that he before the theft also had like 100,000BTC from his own.
- Hacks with large number of coins getting stolen.
- Volatility.
- Market isn't liquid enough for them at the time they want to pull out.

And surely there are more reasons, but these come to my mind right now.

[LFC_Bitcoin]

I mean what are they waiting for?  The fact that the market cap isn't 12 figures is a joke.

I hope so. You'd think they'd want to get in now whilst it's still relatively cheap. Surely it defeats the object waiting for a higher price to get in. I know why they'd think that way but surely a bit of risk is better than paying a lot higher.

[Fortify]

At the end of the day, bitcoin has it's own pitfalls and as it gains more value it becomes a more attractive target for malicious attackers. A 51% attack, if it was ever feasible, could wipe out most of the value because trust would be lost. Quantum computing could eventually make wallets crack-able and impossible to secure, so it's best to spread your bets.

[European Central Bank]

even if they wanted to, and i dunno if they do, their options are very limited. they're not gonna shop on bitfinex or even kraken. you've got a couple of etn type things, gemini, itbit and that's it. there's otc but they're not gonna have anywhere to sell large quantities unless it's more otc.

there are almost none of the usual options available to these guys.