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muslol67
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December 03, 2019, 10:21:40 AM
 #21

A lot of institutional players are getting into the Bitcoin market.


What is your source about that? Where did you hear this?


Curious do you think this is Bullish or Bearish for the industry?

Won't they drive the price down on the dev. market due to its all paper contracts and not bitcoin settled?

What do you think?

Big players wants to make money under all circumstances. So, if they will get in to the market, then everyone can make money with them. But there is a key point. You should know where will you sell.
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December 03, 2019, 11:23:47 AM
 #22

Institutional funds getting into the market is only a good thing for the long term as more funds pouring into the market equals growth. Especially with the halvening coming the Bitcoin will become even more scarce & people will be eager to get at least a decent amount of it as they are now as well. I expect a big FOMO to appear in the market once Bitcoin gets again above $10k and then another wave when going for a new ATH
Institutional funds being injected to the market will result to a huge market growth especially now that mass adoption is taking over simultaneously with the bitcoin halvening. The said halvening has not been proven to be increase the bitcoin market price but somehow the charts says that halvening corelates with bitcoin price as it affects the demand for the bitcoin. FOMOs will be everywhere causing the price to increase drastically.

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December 04, 2019, 02:44:30 PM
 #23

A lot of institutional players are getting into the Bitcoin market.
What is your source about that? Where did you hear this?

There is no source and there will never be a trusted one posted here because there aren't!
I've been hearing for years, institutional money is coming into bitcoin, institutional players are investing and guess what, nothing and we can see in the markets, not even breadcrumbs compared to the traditional markets.

Besides, and this is the worse part (not the worst) a lot of the guys cheering for "institutional" bla bla are not even knowing what the term means.
But the worst part, in my opinion, is the constant cheering for Wallstreet and government and banks to invest in crypto! Why do we need them, to hog millions of coins and dump them at the first sign of an economic crisis, destroying a safe refuge from the turmoil they create themselves? To allow GS to manipulate the price? Where does this newfound love for them comes from? Screw them!


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December 06, 2019, 01:09:36 PM
 #24

for me it is not important whether the bear or bull .... why? there will always be times where there will be bulls and bear markets no matter who will enter and have an impact even though no doubt good news often brings bull prices as well as the other way around so in my personal opinion the more people know things about bitcoin the better even though the market is dull with some negative news
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