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Author Topic: Open your eyes!  (Read 30413 times)
hridoyb
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January 14, 2019, 05:22:26 PM
 #221

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?
Now Bitcoin price only 3600$+ and new crypto holder or a trader never believe that bitcoin price was 20000$ in 2017 .Yes its right because when i was started crypto trade or bitcoin in 2017 always see bitcoin price more and down low and people cannot when bitcoin price up but all people are shocked and left this crypto world

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Sigenkt
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January 14, 2019, 05:34:11 PM
 #222

Bitcoins true value is never going to be 20k as it was over a year ago. It cannot have such value when there's barely real use of it.
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January 22, 2019, 07:38:52 PM
 #223

Of course I understand that. The more valuable Bitcoin will be, the smaller number of ordinary people will have it. Large investors are already accumulating it. Therefore, I believe that you should not lose the opportunity to earn money on Bitcoin now and gradually accumulate it.
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January 22, 2019, 07:48:55 PM
 #224

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

Maybe if we change the question it has sense.

Don't you feel like once the bitcoin price goes up, the main banks and large financial institutions will be the holders?

This way now we are talking about the future!

Banks will not stay away from this madness. Their business is the money and the ones who don't join to bitcoin will regret for life

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kidoseagle0312
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January 22, 2019, 08:08:46 PM
 #225

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

If that happens for sure many of the bitcoin holders surely will instantly become rich. I knew majority of the bullish so far are waiting for the

arise of bitcoin and of course including me too. Besides, bitcoin is not a type of financial institution instead it is a decentralized based system.
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January 22, 2019, 08:22:13 PM
 #226

Everything happens as always. Richer and more powerful people take away all that is valuable and enrich themselves at the expense of ordinary people. I have long come to terms with this situation. That is why I now strive to earn in the crypto market as much as possible. I also accumulate promising and valuable crypto currencies.


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Bitcoinstein
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January 22, 2019, 08:32:40 PM
 #227

That's how the economy built and it is a risk we must accept as traders. Big players will always be able to manipulate prices.
JP Morgan's CEO, Jamie Dimon was stating that Bitcoin as a fraud to drop prices. On the other side JP Morgan's family office was busy buying Bitcoin on it's dip.

Why did JP Morgan say their employees that whoever will buy Bitcoin will be fired? It is simple.
Rich are getting richer while hoping we will remain dumb and broke.
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January 23, 2019, 03:03:29 AM
 #228

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?
means they are whales, is it possible that their rejection of bitcoin is just a drama that has a hidden purpose?
if indeed banks and financial institutions are behind actual bitcoin, that means bitcoin will be there as long as they are still there,
Even if those banks and financial institution are behind those things that you are talking about and whether they are behind Bitcoin or not, this technology and innovation that was created by Satoshi Nakamoto will continue to grow and more people will be adopting it and will admire its use and benefits to the society.

Not neccssarily.  I think many of the main holders who currently hold the largest share would benefit the most and I don't belive that it's large banks and financial institutions really.  I'm not saying they don't have a large share themselves, but not all and likely not that large. 
Definitely correct, Imagine those Crypto hodlers that bought Bitcoin from the year ranging 2010 to 2012 when the price of Bitcoin is extremely lower compare to its price today. We don't know if those bankers are hodling a huge amount of Bitcoin today and I agree that they hodl some but not as huge as the whales are hodling.

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January 23, 2019, 12:49:29 PM
 #229

Big investors are entering right now, at the bottom. When the price go up above 6k, only retailers will buy from big investors that sell during the bull and then start accumulating during the bear again.
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January 23, 2019, 01:19:51 PM
 #230

I don't think banks will own big amount of bitcoin. As far as I know banks don't like cryptocurrencies. So how can they be one of the highest bitcoin holders.

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January 23, 2019, 01:31:34 PM
 #231

I don't think banks will own big amount of bitcoin. As far as I know banks don't like cryptocurrencies. So how can they be one of the highest bitcoin holders.
The banks do not need to own huge amount of bitcoins, but I believe some of the senior executives working in a bank might be accumulating bitcoins slowly, the price of bitcoin is low now and some people might feel it is a good time to start accumulating bitcoins before the next bull run starts.

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January 23, 2019, 02:17:01 PM
 #232

If you look at the crypto market and the sharp decline in bitcoin prices to date, there are many who play in it. In the end when bitcoin prices rose, I saw that the holders were mostly banks and large financial institutions, because they were able to buy as much bitcoin as possible and hold it for a certain period of time until the rise in bitcoin prices rose. For me, the most important thing is how I can take advantage of the current situation against the crypto currency and then be able to get a big profit when the price of bitcoin experiences a high jump.
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January 23, 2019, 03:00:20 PM
 #233

Do not be afraid that the big players like financial institutions and major organizations will take over, it is better to have them because their possession of btc ensures the price does not crash too much, because if it does even they would lose
Thats it atleast we have assurance about the safeties of the market since these institutions wont let their capital losing.and besides who do you expect to have large investments here?we as normal people whos only have enough money for living?or some businessmen which afraid of dealing with crypto?i dont know what OPs problem but for me this is the best security cryptonians wmight have for now
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January 23, 2019, 05:34:55 PM
 #234

On the contrary, right now, when the price is down, large investors are trying to accumulate as many bitcoins as possible, in my opinion. I think this is more logical. Why should big investors buy bitcoin when it will be expensive?
But I clearly feel that sooner or later large investors will have the bulk of bitcoins in their hands.

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January 24, 2019, 03:36:23 PM
 #235

It can happen for some extend big investors can act as banks and large financial institutions but the problem is will those large investors keep there bought bitcoins if the price goes up significantly and I think majority will do that so again there will be a balanced situation in the bitcoin ownership but because large owners could make a considerable effect on the market there will be a power unbalance in the market and that might be a problem for small investors and traders because market manipulations is very possible in such situation 
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