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Author Topic: Who is the ultimate winner of Bitcoin pump?  (Read 456 times)
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January 22, 2021, 11:23:42 AM
 #41

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?
If I will just pick between those 2, the winner are the institutions because they got the opportunity to buy Bitcoin today and yesterday at a lower price. They are buying on a daily basis so for sure they also bought some when it went down.

Overall, the ultimate winners are those investors who invested into Bitcoin for quite some time already and still holding (possible those who bought at least 5 years ago or more). They are the ultimate winners for now as they are having their biggest profit of their lifetime with the Bitcoins they are holding.

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January 22, 2021, 11:39:26 AM
 #42

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?
The ultimate winner of Bitcoin pump are still the hodlers with patience. Those with weak hands may still get profit but not totally get the benefit of the entire bullrun. In every bullrun it is very common for a trader to cut loss when attacked by emotions. You are always a winner when you have a good timing.



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January 22, 2021, 06:49:32 PM
 #43

The people who bought last 3 years ago, definitely was the time where BTC was the cheapest after that huge bull run on December 2017, it came around at $5000, those are definitely the ultimate winners, if they did so, they definitely made the greatest decisions in their lives, although the ultimate winners will definitely those who did hold when BTC was under $1000, they are the real winners.
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January 22, 2021, 07:55:07 PM
 #44

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.
Well, these whales are the main benefited in a situation like this without any doubts, being them by themselves or behind an institution. These guys aren't only very wealthy, but they are also very smart and professional players in speculation game. And since a long time ago, even before bitcoin was created, that is how these people make money. But the good thing nowadays, since bitcoin was created, is that they aren't the only benefited anymore, as average enthusiasts and patient holders can also see amazing gains over their investments. So far with bitcoin everyone has won, since the smallest to the biggest of the investors.

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January 22, 2021, 08:22:19 PM
 #45

How do you know that institution are not cashing out? probably because most institutions are just considering investing in bitcoin. If this is your submission, I would not doubt. It has never happened in history that bitcoin reach such enormous mention on social media such as twitter. However, just like you have mentioned. anyone that take advantage of the fall in price in 2018 to get into bitcoin and buy is one of the ultimate winners. Who would have thought a coin that was less than $10k 10 months ago will be above $30k today. It is totally crazy. The goal of being an ultimate winner is to bank on long term investment 
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January 22, 2021, 08:53:47 PM
 #46

The institutions are winning because they will keep the bitcoin that we leave. When the price of bitcoin is still very high that we cannot buy. Why so much bitcoin price resistance? If anyone is considering owning some bitcoin, hold because it won't be so easy next time.
Quote
🚨 Business intelligence firm @MicroStrategy has acquired $ 10 million more worth of Bitcoin. The firm paid $ 31,808 per coin on average.

They bought the dip again.

https://twitter.com/MadelonVos__/status/1352624913232900101?s=19

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January 22, 2021, 09:08:32 PM
 #47

Everyone who is invested in Bitcoin is considered as ultimate winner. Everyone has benefited from the pump. Traders, institutional investors, and retail investors, most especially the long term hodlers all of these types of investors surely had profited from the pump, and talking about who has gained more than the other, I guess that depends on the amount of money an individual or institution are invested. You said traders had more profit than the rest, well you never know how much they have lost before the pump, because trading doesn't always give you a guaranteed profit.
How about those who bought at the bottom of 2018? Don't you think they have gained more profit than the rest?

R


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January 22, 2021, 09:26:13 PM
 #48

This year has been extraordinary for Bitcoin, because this year Bitcoin made it to the new ATH at $ 41,000. I am sure many Bitcoin holders will
benefit from the quite high increase in Bitcoin, and everyone who takes profit deserves to be called a winner. Then for the ultimate winners,
of course investors who buy Bitcoin when the price is very low, and managed to sell it when Bitcoin hit a price of $ 41,000. Which means that
these investors managed to get maximum profit.

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January 22, 2021, 09:50:41 PM
 #49

Probably people who have been holding for more than a few years. If you decided to sell some I would imagine they would have made a good profit.
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January 22, 2021, 10:10:33 PM
 #50

You're talking like it's all over OP, but it's not. I'll give it about 90% probability that it's not yet a reversal into a bear market and that we will see a continuation of this bull run later this year. We are where we were at 3000 dollars in 2017. Compare these two events on the chart and you'll see how similar they are.

Those who benefit the most are always people who catch the top and sell but how many are there? 1% of all investors? The second to benefit are holders.
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January 23, 2021, 01:00:52 AM
 #51

The ultimate winners and most profit earners in this btc pump are those investor in 2018 and below.they trusted bitcoin even from the beginning that btc is in low value, I started at 2018 in this digital currency, i regret that i didnt invest in BTC, probably now im a millionaire and enjoying the bitcoin higher its value.

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January 23, 2021, 01:18:14 AM
 #52

Everyone who had atleast a small amount of bitcoin during the time of bitcoin reaching its ATH is a winner. Maybe they weren't able to cashout bitcoin for different reasons, but everyone could've experienced the value change in their wallets. Myself too saw the change, beyond this large scale investors are big winners. The investment is big and same is with the profiting. This means they've made a big return in a very short time period compared to small scale hodlers who have been waiting for this occasion for years.
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January 23, 2021, 01:24:45 AM
 #53

You're talking like it's all over OP, but it's not. I'll give it about 90% probability that it's not yet a reversal into a bear market and that we will see a continuation of this bull run later this year. We are where we were at 3000 dollars in 2017. Compare these two events on the chart and you'll see how similar they are.

Those who benefit the most are always people who catch the top and sell but how many are there? 1% of all investors? The second to benefit are holders.
I don't think that the current bull run will continue later this year, I might have to disagree with you. What I see on the market right now, is that we are heading on a bear market and later to be on the price correction. We might not reach the ATH that happened weeks ago.
Also, If you compare the bull run that happened to 2017 and this year, you'll see a lot of difference. Referring the bear market of bitcoin's price of 3000 to today's dump is kinda ridiculous. We haven't seen the bear market yet and we are about face it soon.

Anyway, those who benefit the most hear are those who have invested a lot and those who have tons of bitcoins laying around. It's only about how much they've gained and profited on the ATH. People who have bitcoins ever since 2016 and sold their assets today or even before the ATH is a winner as the price comparison from both times are huge. People who've invested on bitcoin before ATH and sold at ATH are winners also as they've made profit on it.

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skarais
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January 23, 2021, 01:48:53 AM
 #54

But I totally agree that bitcoin holder in the long run are the winners. There are so many investors who buy bitcoin and hold it until ATH is reached. Anyone who buys bitcoin in March 2020 and sell it on ATH is the winner. Unfortunately, most of us can only talk nonsense without taking any action to buy bitcoin when the price was still very low in March 2020. Lack of capital, lack of knowledge about the potential of bitcoin, covid-19 are some of the common reasons some of us don't buy bitcoin.

Why are we always the ones who arrive late for better profit ?

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Silberman
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January 23, 2021, 09:17:51 PM
 #55

The people who bought last 3 years ago, definitely was the time where BTC was the cheapest after that huge bull run on December 2017, it came around at $5000, those are definitely the ultimate winners, if they did so, they definitely made the greatest decisions in their lives, although the ultimate winners will definitely those who did hold when BTC was under $1000, they are the real winners.
Well anyone that invested in bitcoin before it reached 1k is without a doubt a massive winner but even if you invested below the 10k you can be a big winner as long as you invested a decent amount of money, if you invested your life savings you could have easily get 4x or 5x of your capital in a matter of months, so a person like that could have accelerated his retirement at least a decade if he was smart and if the amount he invested was large he could even retire now.
SaShiRaJaVu
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January 23, 2021, 09:58:03 PM
 #56

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?
The simple answer is, anyone who invested in bitcoin in the past few years before the market started its rally. The reason for the big rally was supported by institutional investors and there will be a time when they will book their profit and once that happens the entire market will crash as some of these institutional investors have huge amount of coins.
pixie85
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January 24, 2021, 06:10:45 PM
 #57

You're talking like it's all over OP, but it's not. I'll give it about 90% probability that it's not yet a reversal into a bear market and that we will see a continuation of this bull run later this year. We are where we were at 3000 dollars in 2017. Compare these two events on the chart and you'll see how similar they are.

Those who benefit the most are always people who catch the top and sell but how many are there? 1% of all investors? The second to benefit are holders.
I don't think that the current bull run will continue later this year, I might have to disagree with you. What I see on the market right now, is that we are heading on a bear market and later to be on the price correction. We might not reach the ATH that happened weeks ago.
Also, If you compare the bull run that happened to 2017 and this year, you'll see a lot of difference. Referring the bear market of bitcoin's price of 3000 to today's dump is kinda ridiculous. We haven't seen the bear market yet and we are about face it soon.

Which indicators are you looking at? When it comes to TA a run up by over 100% followed by a 50% correction is a textbook bull market. The fact that we have so many differences between 2017 and now is exactly why we are not yet on our way to bear market, simply because there was no sharp run up followed by a sharp decline, but rather a slow sell off.

There's even more evidence to this in the wallets that sold. All the big institutional investors continued to hold. It's the individual traders who sold and this is again the opposite of a bear market.
Emitdama
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January 26, 2021, 08:16:24 AM
 #58

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?
The more money you invest, the more profit you’re going to be taking when the price is up. So I would still say that institutions are making the most profit, although you have said that they haven’t sold their coins, well yes they have not sold their coins but they still have the most profit especially those of them that bought huge amounts before the price got seriously bullish, I know very well that some of them have invested before $20,000. The price has reached 40,000 USD before dropping and it’s now at 31k, so these people still have the most profit.
Josefjix
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January 26, 2021, 08:41:22 AM
 #59

Truly, the institutions should be given the medal for the pump of 2020; they came, capitalised on a thriving market, held a bunch of it and began spreading it across their sectors which brought in positive investors and much needed use case. On the other hand, everyone who was at profit could be called "The winner" provided there is something to be proud of from the whole pump, remember it is a decentralized network everyone could be happy differently with the whole wave of the year.

R


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Phanditha Echevarria
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January 26, 2021, 09:01:45 AM
 #60

institutions and whales
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