Who are buying all these bitcoin

[ChrisPop]

As far as I know only Central Banks are allowed to print fiat currencies and take monetary measures. I think we have all noticed that recently institutions seem to be in a race to accumulate as much Bitcoins as possible.

Most of these funds have diverse investors backing them so even if they acquire a good amount of BTC they are actually owned by a lot of investors that hold stakes in the fund. Same with the companies.

[1715353017]

1715353017

[error08]

Most of us here have sold a portion of our bitcoins, it would be a really bad idea to sell it all but it may the case if you are worried there will be a major correction occur in the near future since bitcoin keeps increasing to reach a higher peak. We have prepared if something like that might happens, and been waiting since $22k - $23k - $25k and now $27k but the time still hasn't arrived. Whoever buying bitcoin at this time must be institutional investors, large corporations, and extra wealthy people who see bitcoin as the potential to hedge their funds.

[Smartvirus]

Just to make it clear, my regret is not the price point I sold.

I am concern about who are buying the coins, where will all these coins will go eventually. The coins I sold has already planned for some purpose, one is re-buy if the price drop significantly

I find myself asking the same exact question and that's what attracted me to this thread because, like you, not that I've sold any significant amount of bitcoin of recent but have been looking for a major opportunity to invest some $ and it seems the opportunity won't be presenting itself anytime soon as the market tends to continue on an uptrend. So, who is really buying these bitcoins as this

Well, people in the US are likely to receive stimulus checks again, and this money will come from printing more. If they then spend it on BTC (as some allegedly did the first time), it would be that the system supported Bitcoin, but of course indirectly. I do agree that there would be no such direct steps because it's irrational for them to betray their currency.

Though the stimulus cheques might account for some possibilities, a direct government hyperinflation is an unlikely situation as it reflects negatively on fiat. Perhaps this is some developers instrument at play or some other reasons. Which ever it is, there is a lesson at the end and most of it will still end in the profits of hoarding for value.

[TimeTeller]

It seems that we're going to learn another lesson this time. But this could also be at the top and if you have sold, no need to think of it because you have already the money and you've got plans if it didn't meet the price you're about to rebuy. Unlike me which I've sold for very minimal reasons and that's a heavy lesson to learn.

In the end, it's all about profit.

This is just what I have to think if I've sold at a lower price but still got the profit from that price.

If you sold it at a very nice profit, I don't think there's something to regret.
This is what we always feel when something goes up from the price level that we sold our coin.
I know, that's the main sentiment but regretting will just give you a headache.
I learned that as well, just be grateful that you got a handsome profit and move on.

I believe, a lot of financial institutions are still buying bitcoin or maybe even whales.
So really need to prepare for whatever may happen to the market, as we don't know when this will stop or if it will suddenly drop just above 20k.

[Wisbrown]

For now the prize of bitcoin is very high if not for that reason I could have buy.

[CryptopreneurBrainboss]

Just like you, I'm either going to regret the decision I just took few hours ago as I sold majority of my bitcoin holding solely because I feel the dump is coming or it's going to be one of the best decision I even took this year.. Before today bitcoin has been doing some impressive $1000 daily price gain although that trend ended yesterday when bitcoin tested $28k before the sudden corrections that's preventing bitcoin from reaching that high at the moment.

Isn't that enough sign something terrible like a dump is about to occur? Well I can't be certain although we're already experiencing some set back at the moment. The lesson this time around is going to be the same, many will get greedy and buy into the market due to fomo and would get burnt.

The retail investors are those buying init the market now (I don't think the Institutional investors are still doing so) and it's mostly due to fomo of bitcoin reaching $30k before the years comes to an end.

[passwordnow]

In the end, it's all about profit.

This is just what I have to think if I've sold at a lower price but still got the profit from that price.

If you sold it at a very nice profit, I don't think there's something to regret.
This is what we always feel when something goes up from the price level that we sold our coin.
I know, that's the main sentiment but regretting will just give you a headache.
I learned that as well, just be grateful that you got a handsome profit and move on.

I believe, a lot of financial institutions are still buying bitcoin or maybe even whales.
So really need to prepare for whatever may happen to the market, as we don't know when this will stop or if it will suddenly drop just above 20k.

Nice or not, as long as it's profit. You should be happy that you've took it on a profit status and not in a loss. It is really mentally draining when you keep thinking of the price you've sold and then the price of bitcoin continuously going up. You'll just have stress because of it.
We have to grateful when we have the profit. But the lesson is not to sell all that you have at once. Sell at once but always keep a bigger portion left to be sold in the future.

[imstillthebest]

that cant be . no country are allowed to print and print money as much as they liked but they are following orders that they will only print x amount and the money they print is not theirs  .

 if ever there are people or company that pours money on btc well that is their own hard earned money .

i wont worry but i will be loving it if those people are going to pour money in btc because they can up the value of btc but if you sell yours now you will find it hard to buy again in the future . that is the real lesson there

[insighthhi]

Bitcoin price has risen by over 7% in the last 24 hours alone. Dan Held says the current cycle of the coin is a “supercycle.” According to Tradingview, Bitcoin price has risen to another record high of $26,940 which is a 7.5% increase in the last 24 hours alone. This is impressive news.

[thichtieuthuong]

I feel the same way because recently Bitcoin has gone up very fast and its current value is huge. The crypto market is potentially profitable, but dangerous if we are not wary. I will sell and hold some Bitcoin in case Bitcoin continues to go high.

[CarnagexD]

The most sensible answer to the current face of the narket is to sell, or else you'll be the stepping stone of the people rampaging when the price drops. Although this is ironic, this is the most efficient way of saving your money as the current face of the market is far from stable, anytime price correction may come in and cause all sorts of shenanigans. So yeah.

[Crislyn4116]

Unfortunately I have sold some of my coins yesterday. Not much fortunately but just sold them because:

1. I may re-buy if the price goes down significantly 
2. If the price never goes down then I will invest it in real estate.

I am observing the price movement from last few days. It feels good that your coin value against fiat (valueless printed papers) is getting better and better. The pressure of buying is higher and some of us selling in it.

I have lost some of my coins in this trend of course. If I had x bitcoin now I have x - 1 coin. Like me there are bitcoiners who are cashing out more or less. 2017 gave us some lesson.


But is there a new lesson which is waiting for us?
Imagine someone or an institute or a group of institutions or agency who are allowed to print papers (money) as much as they can and putting all in the bitcoin market. Coins are going to their wallet until the last few left.

I hope this is not the lesson we will learn in the future. I hope all we have our coins in our own wallet and in the future we all live in a bitcoin ecosystem.

I think governement/institutions will not do such negligible act in order to hoard bitcoin just to snatch money from retailers. It is not sustainable and economically feasible which the point being is from government perspective. That is why most institutions buying bitcoin and make it as their current reserved assets or backed their company's resources from inflation because they see issues on political side which may impact their business operations.

In addition, the amount of bitcoun transfer hasn't change from the observable millions as these txs are made responsibly by certain institutions playing inside bitcoin market. Government only intervene if it can disrupt current financial system like what happened to LIBRA of facebook - which had proven data breaches and data exposures on most of its users...