Pursuer
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November 30, 2018, 07:30:20 AM |
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I don't think so. in many countries banks are actually prohibited from investing in bitcoin so they legally can not do it and I don't think they are going to go through the pain and risk of doing it illegally and through different channels. so when price goes up you shouldn't expect "banks" to have large amounts of bitcoin.
as for "financial institutions", that is a maybe. because most of them don't want to invest in bitcoin but only they want to be involved with bitcoin in a way that they don't take risks while they make money. for example an exchange is a place where they make money while they don't risk anything when price drops. that is why there have been a lot of "fund mangers", "investment institution",... in the past year.
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Only Bitcoin
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Inosend
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November 30, 2018, 07:35:31 AM |
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Yea my eyes are wide open waiting to see my dear bitcoin fly pretty soon and silent critics
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CryptoRama
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November 30, 2018, 09:10:55 AM |
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Wow, did you by any chance read something about this thing? I think this is common knowledge, that the most profit is taken by those who have more money. And since bitcoin is biggest scam out there, you should know about this too. Bitcoin is a scam. But since it gives me money and stability it's also my job, because if you know they way bitcoin goes, you cannot be scammed, except if targered by hackers, betraials from ICO's, etc..
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Belec
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November 30, 2018, 09:25:24 AM |
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To open your eyes with cheese and see what kind of situation you are in, the price btc price is 4.293, but only in 2 months this price will suddenly increase, I assure you, so use these situations to get yourself some bitcoin and this money will double, do not And be afraid already be rich believing in bitcoin.
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creeps
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November 30, 2018, 09:31:14 AM |
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Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?
Yes its possible but who know? We can only speculate in this market but I’m sure whales are really manipulating this market for their own interest. Some banks here in my place still don’t support cryptocurrency so I think they really own nothing. All I know is that, when the price of bitcoin goes up I earn a lot and this is why I keep on holding and waiting for the next bull run because no matter how low the price is, pumping is still inevitable.
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Barcode_
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November 30, 2018, 09:53:51 AM |
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Everyone have their freedom to purchase bitcoins from the crypto-currencies trading market, if people are worried about banks and large financial institutions holding huge amount of bitcoins as they might be purchasing massive volumes of bitcoins during this bearish market, they should instead follow the banks and large financial institutions to purchase bitcoins and accumulate too. Because once the bull market returns, the banks and large financial institutions would be earning huge amount of profits by selling away the bitcoins they accumulated.
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Ultimist
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November 30, 2018, 12:21:31 PM |
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I think there's nothing wrong with that. After all, it will be a guarantee that bitcoin will live. I also think that after the recovery we will see the new value of bitcoin, it will be much higher than last year.
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BigBrother
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November 30, 2018, 01:01:27 PM |
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Not surprisingly, many financial institutions and banks are interested in bitcoin. If they're holders, there's nothing wrong with that. Moreover, I do not think that they will be able to seize power over other major holders and manipulate the price on their own.
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gamer4156
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November 30, 2018, 01:09:18 PM |
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No I am not agree with you. But they have opportunity to avail if they want. Most of banks and institutions are reluctant in adopting crypto currency. One have to take initiative, Pioneer bank or institution will be have benefits in long run because initially they have to suffer with a lot of things to streamline things. There were many projects/ICO on blockchain banking system but if is not successful yet, like forty seven bank. They have to educate their customers as well to adopt crypto currency.
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Lazada
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November 30, 2018, 01:15:52 PM |
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Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?
Of course, for anyone who has a lot of coins, they have the opportunity to become a bank and they can control the market so easily. even they can do the price manipulation process very easily. pumping and dumping will be a process that can be done. and of course that they do this to make a profit.
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FedorIzmailov
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November 30, 2018, 01:20:28 PM |
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The main players of Bitcoin will be major players and not ordinary people that actually exist now. so I think nothing will change
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larrylegend33
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November 30, 2018, 01:40:56 PM |
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Big players would rule the market and it is all the same in every market not just for cryptocurrency.. And there is small players that they usually loose unless they are lucky. And there are many panic seller too, who makes the big players work very easy. This is how the system works and it will continue just like that.
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Trinity_boy
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November 30, 2018, 01:46:06 PM |
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This is why it's scary sometimes to get into something that large corporations seem to want to partake at. Though bitcoin is decentralized, it still is susceptible to be bought by whales. Sometimes it's better to invest in something that is used for crowdfunding.
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seoincorporation
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November 30, 2018, 01:48:59 PM |
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Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?
In your question is the answer, since they are holders they can't act as banks or financial institutions, at the end, they have the capital to open a business as exchangers or loan services and that way act as banks, but just for hold a big amount that doesn't make you a bank.
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jake zyrus
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November 30, 2018, 02:05:07 PM |
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I think there's nothing wrong with that. After all, it will be a guarantee that bitcoin will live. I also think that after the recovery we will see the new value of bitcoin, it will be much higher than last year.
Right there's nothing wrong with that. We know bitcoin will always recover and give us much profit in our investment. That's why you don't have worried about the value. It is much better now than last year.
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TheLoser
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November 30, 2018, 02:31:02 PM |
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The owners of a large number of bitcoins are influenced by global processes in politics, economics, the social sphere, etc. Therefore, the price of bitcoin also depends on many factors. Last year there was a HYIP of bitcoin and the entire cryptocurrency as a whole, this year there was a recession. What to expect further, I think no one knows for sure.
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Reid
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November 30, 2018, 02:34:46 PM |
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Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?
No. More of trading website owners will be. We are selling it to them and they are the ones who are risking to wait now. When this price pumps again they will be the one next in line to sell back to pay their employees and all the bills that had been stucked for months. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Banks will just me the way but then again it will be sold again for they do not want to keep those online coins. They always want fiat in their hands.
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MTNAX
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November 30, 2018, 03:12:11 PM |
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I think there is a lot we can do with bitcoin, we should want to learn and explore how to properly manage bitcoin. If we already know enough for that, then we will know a lot of opportunities that we can take so that we can make big profits and can help our daily lives.
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Ganii
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November 30, 2018, 03:24:03 PM |
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it means this is the good time to buy coins and hold those into some days because the price will increase soon the big market is coming.
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antisocial77
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November 30, 2018, 03:28:09 PM |
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banks, wall street, rich families and organizations..i believe all of them has bitcoin and some alts like monero.they smell the money, i dont think they ignore the crypto oppurtunity.
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Silica NeXus ▄▄▄▄▄ Crowdfund the Nexus ▄▄▄▄▄
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