Big money bad for bitcoin in the long run

[bhooscream]

This is always happening. But the interesting thing is that when in the bullish era, there are also daily traders that will take profits every time they are going to do. So, this is also the reason why people commonly keep rising up in certain periods. I know that big amount of Bitcoin that is sold at once will influence the market to be not stable because of the need for the supply and demand imbalance, so this will cause dropped prices or market corrections. that is why what we need to do is to take the right time to sell our coins, whether it is based on some steps or all in selling. However, never think that this condition will be worse because we are too worried, the Bitcoin market will be always facing a bullish era although it is probably not a really long time to see this.

[GreatArkansas]

(...)
 But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled.
(...)

It seems that this part became normal especially for every cycle of the market, specifically in the cryptocurrency market.
As you can see, as time passed by, there are already a lot of cycles we experienced, which includes massive pumps and then after that a bloody market. I believe that there will be always a correction on the market, crypto or non crypto market.

[nullama]

This is always happening. But the interesting thing is that when in the bullish era, there are also daily traders that will take profits every time they are going to do. So, this is also the reason why people commonly keep rising up in certain periods. I know that big amount of Bitcoin that is sold at once will influence the market to be not stable because of the need for the supply and demand imbalance, so this will cause dropped prices or market corrections. that is why what we need to do is to take the right time to sell our coins, whether it is based on some steps or all in selling. However, never think that this condition will be worse because we are too worried, the Bitcoin market will be always facing a bullish era although it is probably not a really long time to see this.

There's always going to be daily traders that want to get more fiat (or Bitcoin) by moving back and forth. In reality the vast majority of them end up with less money in the end. Specially since they have to pay exchange fees and capital gains taxes, plus the time needed to track all that.

The thing is that you can consider all these movements as short term noise. They don't really impact the long term purchasing power of Bitcoin. That's determined by the fundamentals of it, and those haven't changed since genesis.

[thecodebear]

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

What's the community's take on this?

OP, I don't think you know what a pyramid scheme is. What you're describing is just the market. There's nothing wrong with big money getting bitcoin. What...do you want Bitcoin to no longer be an open global currency and you want to be able to restrict certain groups of people from owning it?!?!

Anyone who wants Bitcoin can own and use Bitcoin.

The market will move up or down as it does, there's nothing bad about it. Also, it's not like the price of Bitcoin hasn't bled red before lol. Every four years there is a giant crash, no big money investor selling their Bitcoin is going to do more then we have experienced numerous times already.

[Mpamaegbu]

As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come.

Someone like me also fell prey to such assumption back in the day. I bought anything that had "bit" or "bitcoin" to its name. How funny and idiotic that sound to me now, looking back. Well, we all get to learn our bitter lessons some day. I learnt mine within that time. As I type this now I believe there are some who will still fall for such even after reading this. This day I've come to realize that the best way to secure one's capital isn't to invest in any hyip or overhyped investment. Once I sight any desperation, I'm bolting. I've lost in many ways by trying to give projects the benefit of the doubt. This day, I peruse before investing.

[Ebede]

This really depends on our ability to understand what is Bitcoin is not the really bad to invest a big amount of money in Bitcoin but the problem is that I said a new investor or investor that I have his parents for investment you need to at least know how much money you use for bitcoin investment not all what you have supposed to go into the investment at least you have to cut out some and where exactly your reserve money should be meant for investment

[suzanne5223]

But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled.

What give you the impression that the volatility of the Bitcoin market can be controlled?
If there's no inflow of Big money in the Bitcoin market do you think it will gain the attention of the Feds and institutional banking?
I believe the reason why you have this impression is that you don't want to accept the Cons of the market but you only want to welcome the Pros.

In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.

Never make the statement of Bitcoin becoming a pyramid scheme because the market competition was bound to happen when Bitcoin gains more traffic. Without the Big money, Bitcoin will never achieve its purpose not to talk about becoming the mainstream of payment.

[nullama]

This really depends on our ability to understand what is Bitcoin is not the really bad to invest a big amount of money in Bitcoin but the problem is that I said a new investor or investor that I have his parents for investment you need to at least know how much money you use for bitcoin investment not all what you have supposed to go into the investment at least you have to cut out some and where exactly your reserve money should be meant for investment

I think at the end of the day it's not really that relevant if someone just buys a huge amount of Bitcoin with fiat.

The Bitcoin network will continue to generate another block on average in ten minutes, everything will continue working as usual.

Someone would simply have control of more Bitcoin. That's it.

The price might fluctuate, sure, but that's always going to happen anyway.

[kro55]

What's the community's take on this?

I do not think huge money flowing in and flowing out of the market is  a bad thing.  I think it is a normal occurrence in a market.  Whales that bring huge amount of money brings demand to the coins making its price spike which by then create interest to most of the bystanders and making them to join the market because they FOMO.

Huge funds leaving the market because whales cash out is also not a bad thing, it gives a window for another batch of bystanders who wanted to join the market at a lower price, which can trigger market recovery and eventually turned into hype.  

So having a cycle like this is not bad for the market but instead, it gives life to it.

I think that's a good thing for the market, I simply think that if the market is to develop, the market is bigger, and it needs large capital. If there is no big money flow into the market, it will never be able to develop and grow. Bitcoin is becoming more and more popular, simply because it is invested in it by institutions, large investors, and countries, thereby creating confidence for smaller investors to enter the market. The more large institutions join, the more Bitcoin is built and more trust is created for more people.

[martyns]

This really depends on our ability to understand what is Bitcoin is not the really bad to invest a big amount of money in Bitcoin but the problem is that I said a new investor or investor that I have his parents for investment you need to at least know how much money you use for bitcoin investment not all what you have supposed to go into the investment at least you have to cut out some and where exactly your reserve money should be meant for investment

You are right mate,and it is also good to understand that many people have lost heavily in the long dump run of bitcoin, but it's understandable to cope with the market in the bear period. My entire usdt which I've save close to two years from small minimal profits in trading, all got liquidated when I traded bitcoin with my futures account. It was a very sad day for me but I learnt my lessons and took back to my heel with full preventive cautious inother not to repeat my mistakes again.

[_BlackStar]

It seems that this part became normal especially for every cycle of the market, specifically in the cryptocurrency market.
As you can see, as time passed by, there are already a lot of cycles we experienced, which includes massive pumps and then after that a bloody market. I believe that there will be always a correction on the market, crypto or non crypto market.

Dude, that's a fair condition because all markets work like that.

Some people continue to have this assumption that the bitcoin market is unfair because the big money will get large share of the profits and allow the market to bleed when they get out. In fact, whales are selling in stages without wanting to spoil the huge profit potential they have, and we probably don't even notice.

I think of those assumptions as myths:

• Early adopters are unfairly rewarded
• It's a giant Ponzi scheme
• Bitcoin is a pyramid scheme

[GeorgeJohn]

Of course, in this case, people's opinions will differ.
In my opinion, in this case, mental strength is needed, in fact, if you want to
invest in bitcoin, don't be afraid as long as we are mentally strong, because the more capital invested in bitcoin, the greater the profit that. so before investing in bitcoin you have to be mentally strong first. and be prepared to take risks.
so in my opinion if investing in bitcoin and for the long term, I think it will be safe, because bitcoin is not an altcoin.

in my opinion don't think too much about  WHALE, because the one who will win is the one who can withstand it.

When we are ignorant of Bitcoin investment it's when we do have discourage over investing in Bitcoin for long time run. Many people today who to billionaire purchased Bitcoin when the fraction was extremely low and today made a lot profit in 2017 and 2018/ 2019. So it's advisable to invest in Bitcoin and allow it to stay for years due to your expectations or target over the long term run of the investment. Everyone is aware that if their is life their is more profit towards bitcoin investment.

[doomloop]

That's part of the market. When the scenario seems to be favourable whales entering the market with big money is quite common. When the market is on the bullish part it is good to just enjoy the trend than going in depth analysis and miss opportunities. If the market gets manipulated by the whales we should have the ability to hold, because the market that's been manipulated will bounce back at some point.

Yeah, I agree. The cryptocurrency community is divided on the impact of big money on the crypto market. Some believe that large investments can bring stability to the market, while others argue that it can lead to greater volatility and instability. Those who support big money argue that it provides the market with the necessary liquidity to grow and mature. On the other hand, those who are against it believe that large investments can easily manipulate the market and drive prices artificially high, leading to a bubble that will eventually burst.

The entire crypto community is cautious about the role of big money in the market. While some believe that it can provide the market with stability, others believe that it can lead to greater volatility and instability in the long run. The truth likely lies somewhere in between, and the market will continue to evolve as more people invest and more regulation is put in place.

[ChiBitCTy]

I hear what you're saying here and there is certainly some truth to it, but without "big money" then there's likely no chance bitcoin will ever reach the highs that many of us are hoping for.  I think this just kind of comes with the territory and so rather than worry about it, it's probably best to just embrace it.  I guess it also depends on what type of "big money" we are talking about.  Big money also includes financial companies add bitcoin to their funds, and I think that's a big positive personally.

[BenCodie]

What's the community's take on this?

I do not think huge money flowing in and flowing out of the market is  a bad thing.  I think it is a normal occurrence in a market.  Whales that bring huge amount of money brings demand to the coins making its price spike which by then create interest to most of the bystanders and making them to join the market because they FOMO.

Huge funds leaving the market because whales cash out is also not a bad thing, it gives a window for another batch of bystanders who wanted to join the market at a lower price, which can trigger market recovery and eventually turned into hype.  

So having a cycle like this is not bad for the market but instead, it gives life to it.

I think that's a good thing for the market, I simply think that if the market is to develop, the market is bigger, and it needs large capital. If there is no big money flow into the market, it will never be able to develop and grow. Bitcoin is becoming more and more popular, simply because it is invested in it by institutions, large investors, and countries, thereby creating confidence for smaller investors to enter the market. The more large institutions join, the more Bitcoin is built and more trust is created for more people.

This is totally incorrect. Bitcoin is meant to provide liberty from these institutions by enabling an alternative payment network. The involvement of institutions is not good for Bitcoin nor its market in the long term, in fact it adds to bitcoins volatility. It might seem like a more money from big entities entering the market/ecosystem is a good thing, but it isn't...as it is certain that exit value will be multiplied and completely withdrawn at some point in the future. None of these entities are using Bitcoin for its purpose and I am sure all of them are using it to profit, which does not benefit ecosystem members who are using it for its purpose.

[nullama]

~snip~
This is totally incorrect. Bitcoin is meant to provide liberty from these institutions by enabling an alternative payment network. The involvement of institutions is not good for Bitcoin nor its market in the long term, in fact it adds to bitcoins volatility. It might seem like a more money from big entities entering the market/ecosystem is a good thing, but it isn't...as it is certain that exit value will be multiplied and completely withdrawn at some point in the future. None of these entities are using Bitcoin for its purpose and I am sure all of them are using it to profit, which does not benefit ecosystem members who are using it for its purpose.

Absolutely.

Bitcoin can be used without any company.

I think the main issue is that a lot of people are used to have someone telling them what to do and guiding them along.

I can see that some banks and other financial institutions are now offering "Bitcoin services" by using a debit card connected with a Bitcoin account. That's just nonsense. You don't really need a bank to use Bitcoin, but I guess people feel the need to be held by a company somehow.

[kelechi]

What's the community's take on this?

I do not think huge money flowing in and flowing out of the market is  a bad thing.  I think it is a normal occurrence in a market.  Whales that bring huge amount of money brings demand to the coins making its price spike which by then create interest to most of the bystanders and making them to join the market because they FOMO.

Huge funds leaving the market because whales cash out is also not a bad thing, it gives a window for another batch of bystanders who wanted to join the market at a lower price, which can trigger market recovery and eventually turned into hype.  

So having a cycle like this is not bad for the market but instead, it gives life to it.

Agree it's not that bad. But many people entering market in a bad time regret a lot and just leve

[Nrcewker]

According to me, the amount doesn’t matter. I don’t get the point what you are making us understand about the last man standing thing. Bitcoins are like assets, which you will pass onto people at comparatively high price. You buy the Bitcoins when they are low, and now you gonna sell them when the price increases. How does here you the amount of money invested practically matters? No one will left out at the end, as Bitcoins are limited in number, and it will become more valuable in the future. So just buy as many as you can and sell and get the profits.

[yohananaomi]

According to me, the amount doesn’t matter. I don’t get the point what you are making us understand about the last man standing thing. Bitcoins are like assets, which you will pass onto people at comparatively high price. You buy the Bitcoins when they are low, and now you gonna sell them when the price increases. How does here you the amount of money invested practically matters? No one will left out at the end, as Bitcoins are limited in number, and it will become more valuable in the future. So just buy as many as you can and sell and get the profits.

the more days the bitcoins mined will be smaller so that the existing supply will also be increasingly limited, but the demand for them that continues to be unchanged is even more and more, which results in more requests than the existing availability, making prices uncontrollable and increasingly expensive.
although at any time the price of bitcoin can change due to movements made by the holder where if there are many bitcoins and there is no demand, the price will decrease. but if you have big capital that's the right time to keep buying and saving and when there is a lot of demand then the price will automatically increase and only then will you release it at a fantastic price.
agree with you that bitcoin will be increasingly valuable and can be worth beyond the expectations we expect.

[serjent05]

According to me, the amount doesn’t matter.

I think the amount does matter.  It is that, I don't see big money pouring in Bitcoin market as bad.  It is an investment and brings liquidity to the market.  The bigger the fund getting into Bitcoin is, the more liquid Bitcoin is.  And I think we should not worry about the money leaving out of the Bitcoin market sytem. If it leaves it only means that there is a bigger funds coming in because it needs a bigger fund for that big money to exit with profit.

I don’t get the point what you are making us understand about the last man standing thing. Bitcoins are like assets, which you will pass onto people at comparatively high price. You buy the Bitcoins when they are low, and now you gonna sell them when the price increases. How does here you the amount of money invested practically matters? No one will left out at the end, as Bitcoins are limited in number, and it will become more valuable in the future. So just buy as many as you can and sell and get the profits.

As your given situation, the amount of money inveted practically matters because Bitcoin will not surge if the investment of the coming people is too little.  But if the incoming investors invest a huge money then we can see Bitcoin market surging.  So it does matter to fulfill one of your statement and that is to sell higher than the amount we invested.