Who is the ultimate winner of Bitcoin pump?

[masterzino]

I think everyone in the crypto community is a winner here. Even those who bought at $20K a few years ago can profit and gain some confidence. Additionally, the whole crypto community is more mature now, and the projects are getting the needed financing easier.

[Yatsan]

The ultimate winners are those who benefit on the Bitcoin pump which can be already given and obvious that those who bought when the price is still cheap than the current price pump are the ones to be considered as the ultimate winners for they have come into a worthy decision of buying Bitcoin at lower price and manage to hold it for a while until price rises and gain their profit from the pump happening. They are not just considered as patient but as well as lucky for their patience have make them pass through circumstances and now they are gaining their deserve prosperity and benefit for the decision they have made.

[ice18]

This bull run the one who will benefit really huge is for sure the one who will hodl up to highest price it can reach before going back again in bear market like in 2018 this is mostly institutional investors because they know very well how financial market works weak hands probably will sell very early like in the middle of this bull market. 

[Silberman]

If you look back at 2017 pump it was average users like us who got the benefit of bull run as Bitcoin was easily affordable before the bullrun hence a good portion of users had bitcoin in their portfolio as there were not that much altcoins available in the market. But this year who has gained more ? Is it average users or else institutions and traders who made most of it? I think it's trader's who bought at cheap and sold at high because institutions are yet to cashoutm what do you all think?

I really think that except for those that sold their coins for a loss everyone is winning with the growth that we are seeing in the market of bitcoin, even those that are not holding any bitcoin right now are winning because it seems that we are finally headed to major adoption and if that is the case then people will finally have the freedom to use their money as they want without having a government trying to supervise everything that they do with their money.

[imstillthebest]

Nothing have changed at all.

You my think that you and small users gets benefits the most because you can easily sell but what you have sell is only a tiny portion of what have the whales and institutions have and also there are large number of altcoins back in the year 2017 because that was the time that ico started and ico and altcoins are both profitable too that time .

What really have change is the profitability of altcoins and ico are now gone

[rokon1234]

In 2017 everyone got same profits with bitcoin and altcoin.This time i think bitcoin owner are got big profits.i think he is winner who was hold his bitcoin since 2017 bull run end.

[kentrolla]

The ultimate winners are those who benefit on the Bitcoin pump which can be already given and obvious that those who bought when the price is still cheap than the current price pump are the ones to be considered as the ultimate winners for they have come into a worthy decision of buying Bitcoin at lower price and manage to hold it for a while until price rises and gain their profit from the pump happening. They are not just considered as patient but as well as lucky for their patience have make them pass through circumstances and now they are gaining their deserve prosperity and benefit for the decision they have made.

Agree, like you said it's not so easy to hold our nerves if the price goes down once after we bought. We have a unique example of those who bought in high price before few year's for 19+ and they were waiting patiently even the price came down to 3k. Many of them sold in FOMO and many of them believed in BTC that's the spirit I would say for the holders. Because they would have surely faced lot of ups and downs after buying at high price after all the challenges they are declared as winners.

[Wenbing]

But this year who has gained more ? Is it average users or else institutions and traders who made most of it? I think it's trader's who bought at cheap and sold at high because institutions are yet to cashoutm what do you all think?

I have an opposing view that trader profit more from the btc bull run . here is my reason; traders are speculators, as such they speculate for price movement , once they see an opportunity to buy, and once they see an opportunity to sell, they sell in a very short time.

I think that the group that should make the highest profit are those who have held btc for many years, they are the early adopters and early investors.

[teosanru]

If you look back at 2017 pump it was average users like us who got the benefit of bull run as Bitcoin was easily affordable before the bullrun hence a good portion of users had bitcoin in their portfolio as there were not that much altcoins available in the market. But this year who has gained more ? Is it average users or else institutions and traders who made most of it? I think it's trader's who bought at cheap and sold at high because institutions are yet to cashoutm what do you all think?

I think it's always the market makers who make more money. On number 2 there are the average users and on number 3 you would see traders making money in such a market. Many people would be surprised to see traders on number 3 in this market but truth is when there is such an uptrend market people who just buy and hold gain more than the peope who continuously buy and sell because 30-40% of times their trades end up hitting stop losses in such a volatile market. This makes trading miserable in such a market. But obviously ultimate winners are big money people who had pumped tons of money around 10-15K.

[Cling18]

Any traders and investors who have gained profit are still considered winners during this Bull season. We should keep in mind that profit is still profit and having a good decision to buy before the pump and selling it when the price struck high was the best move. However, we could still do the same thing as long as we know how to invest with perfect timing. I believe that there are more traders and holders who have gained better profit this season than the 2017's ath.

[Wysi]

It's definitely going to be the institutions who will as biggest winner of the current Bitcoin bullrun as it hardly takes one major dump to send panic wave across the market wherein so many naive users as well as short term investors will end up selling their Bitcoin which will be bought back by institutions or whales. It could be normal users like us who can emerge as winners if we decide not to sellout Bitcoin and can only invest the amount which we don't need immediately.

[serjent05]

The one who has the most benefits is the one who is manipulating the market.  Those who laid out schemes and trends on the market since they have full control and knows the bottom and peak of the trades.  Those who benefitted from their actions are just consolation, the best part is always taken by the schemer since they know when to buy and to sell with the most profitable trade.

[ImHash]

Everybody with Bitcoin is the winner, people who invest now are going to be winners in the future, people who bought Bitcoin in the past now are the winners. Now who is the loser? anyone not buying or having Bitcoin now is the loser.

[LittleBitFunny]

The winners are those who were lucky enough to buy Bitcoin at a very low price. Holders who bought Bitcoin at a much lower price are gainers today. There are many of us who give various excuses to buy Bitcoin, many of them say they have money problem, some of them give excuses of not knowing well about Bitcoin, they are actually looser, they have never tried to know about bitcoin and always making FOMO.

[Lanatsa]

Everybody with Bitcoin is the winner, people who invest now are going to be winners in the future, people who bought Bitcoin in the past now are the winners. Now who is the loser? anyone not buying or having Bitcoin now is the loser.

Not all who do engage with bitcoin are winners and come to think that this doesn't only compose of holders but also with those active/day traders as well which means to those who had lost money
on dealing with the market then are considered losers too.It is depending on which side you are in.

Talking generally into those winners then for those who do make out big investments that do came from institutional or big companies that put up big funds for the belief
that they can really sip out some serious profits on here.

Buying out on dip can really made it possible.

[iTradeChips]

Ok, I see that the question is directed to a "who", a person. In my opinion, the winner of this round - I call it round because Bitcoin is still being mined and it will take until the next century for it to be fully mined; so the winner of the round would be the early birds, those who bought bitcoin in 2010 and kept their wallets, provided they cashed out. If they kept it in their wallets then that would be still an investment for them and they might wait again until the next bull run.

[pinggoki]

The ultimate winners of the bitcoin pump up are the miners and traders, the miners because they are the one who is mining bitcoin and they are the one who get the most of the bitcoin. The traders because they are the one who is buying when the price is low and selling on the upper pump of the bitcoin so I guess they are the one who really get the good and high profit when this bitcoin pumps up.

[iTradeChips]

The ultimate winners of the bitcoin pump up are the miners and traders, the miners because they are the one who is mining bitcoin and they are the one who get the most of the bitcoin. The traders because they are the one who is buying when the price is low and selling on the upper pump of the bitcoin so I guess they are the one who really get the good and high profit when this bitcoin pumps up.

I would think we also need to add here those who have invested and waited a long time and had the mental discipline not to sell their bitcoins at the time when the first all time high happened. Imagine if someone bought bitcoins before a long time ago and was able to save all of that and sold some this year then that guy is already a rich man. It is really a good thing for investors to have the discipline to wait and the mental control not to panic on occasions when Bitcoin price is getting low.

[blckhawk]

I would say that we are all the winners of this Bitcoin pump because no matter what price you sell you still gain a profit out of it and that is a win. But I think the most who benefited from this pump are the holders who bought at the cheapest price cause without a doubt that it would be a lot of profit. Imagine if you bought it when it was only worth $3k and you manage to control your emotion to not to sell until now, that would be a hella huge profit. That's why patience is a virtue but make sure that you know your limit otherwise you'll miss the opportunity.

[dohh]

If you look back at 2017 pump it was average users like us who got the benefit of bull run as Bitcoin was easily affordable before the bullrun hence a good portion of users had bitcoin in their portfolio as there were not that much altcoins available in the market. But this year who has gained more ? Is it average users or else institutions and traders who made most of it? I think it's trader's who bought at cheap and sold at high because institutions are yet to cashoutm what do you all think?

Ultimately there is only one answer, but this community would not like it.

For that, you should analyze 3 portions of data. I won´t give you the sources, feel free to choose yourself. Anyway, the 3-step analysis of the truth is:

1) BTC average transaction size has been 100 times and more of the size of the median transaction almost every day during all these years. That means someone moves huge sums AT EVERY PRICE LEVEL.

2) BTC overall distribution between the sizes of wallets, does not have sudden changes over a longer time period. That means the vast majority of these large transactions are made between one and himself.

3) Bitcoin's total distribution ratio, between TOP100 wallets and the rest of the wallets is dropping slowly, but significantly faster, than new coins are released. That means the whales slowly but steadily sell out their huge reserves at prices they themselves produce.

The fact that you can gamble and earn something too, is well... a byproduct of a bigger game.