The Chase to control the market!

[superman184]

bitcoin is not spread evenly yet, so it is still possible to control the market. anyone who have capital can control the bitcoin market. but bitcoin also depend on the sentiment, good or bad sentiment can influence bitcoin price. sentiment factor only give small effect, capital give biggest influence in bitcoin price.

Large capital can indeed have an effect on the price of Bitcoin in the market, but because not everyone can have the same amount of capital, it makes the effect on prices less efficient. This I mean when those who have a lot of capital release all their Bitcoin into the market, the price will tend to decrease faster unless they still want to hold it for a long time because they still really care about the price of Bitcoin. What you say is logical, but news sentiment can still affect many people and most of them are Bitcoin holders so that some holders feel shaky with what they are holding.

[Eternad]

But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.

Where do you get this kind of idea? No one wants to control the market because it’s very impossible for some institution to purchase the majority of Bitcoin without pumping the price.

And if your assumption that everyone trying to jump over Bitcoin, why the price is still stagnant halfway below the previous all time high? Th pe price should be ranging above the previous ATH if your assumption is correct. Bitcoin is still not on the full potential level that the majority of institutional investor is already involved.

[shivansps]

Yes, there was a time when few people understood what it was and what would follow in the future. You could hear a lot of different things about bitcoin and about this crypto in general.
What do you mean by "Who will control the market?". You mean that bitcoin is becoming more and more popular and is penetrating into different areas and they cannot control bitcoin, maybe they can influence the price of bitcoin for a while

[Ale88]

I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.

It's interesting to see how things quickly change, isn't it? My guess is that probably the governments realized since the beginning how powerful bitcoin was, and they also understood that it would be extremely hard for them to limit/control it, so they tried everything in order to make it look bad but, fortunately for us, the bitcoin community was stronger than the FUD, and at that point BTC was something already too big to be contained by the governments.

[bussybuddy]

The fact is, Bitcoin's financial freedom and decentralization have made market control difficult for governments and financial institutions. Several countries have tried to introduce tax and control measures, but often struggle due to the openness and decentralization of the cryptocurrency system.

The fate of crypto assets will really depend on how each person manages and uses them. Bitcoin offers the opportunity for financial freedom and personal control, but this also requires vigilance and understanding to consciously face challenges and opportunities.

[MFahad]

People are accepting bitcoin due to the fact that bitcoin is not controlled by anyone that's why no one can control its price. Bitcoin is still used for bad activities but not by everyone and majority of people are purchasing bitcoin in a hope to meet the demands of life.

Everyone these days are in willing to become a participants in the investment of bitcoin as they have complete idea about the past success and they know that it is the only way to be wealthy one day.

[DapanasFruit]

There is no question that today Bitcoin has already come of age with the many recognitions it is getting. There are now many famous personalities who in the past called Bitcoin as something undesirable but they are now singing praises of it. As to financial institutions making their entrance into Bitcoin, well maybe they finally realized that Bitcoin is something that can not be stopped so why not be a part of its supporters and be making some good money of it? And this is just the beginning for sure as we are still in the second decade of Bitcoin, for sure many astonishing developments can be coming in 2024 and beyond. The question is: How many BTC are you holding?

[michellee]

But still no one can control the market. The market will keep going as we see. And it's true that now many agencies or companies have invested in Bitcoin because they see the potential for the development of Bitcoin in the future. They don't want to be late to participate in Bitcoin investment.

It's hard to deny the presence of Bitcoin at this time, especially with the potential benefits that individuals or companies can obtain. This keeps many people and companies continuing to buy more Bitcoins. In the next year, when the halving will come or even after the halving, Bitcoin's popularity will increase even more than now.

No one wants to say how much BTC they already hold because it's a secret. Maybe the question is: Have you bought BTC today?

[Silberman]

There is no question that today Bitcoin has already come of age with the many recognitions it is getting. There are now many famous personalities who in the past called Bitcoin as something undesirable but they are now singing praises of it. As to financial institutions making their entrance into Bitcoin, well maybe they finally realized that Bitcoin is something that can not be stopped so why not be a part of its supporters and be making some good money of it? And this is just the beginning for sure as we are still in the second decade of Bitcoin, for sure many astonishing developments can be coming in 2024 and beyond. The question is: How many BTC are you holding?

However we must not forget that those financial institutions do not really care about bitcoin and how it works, they are after the money and nothing more, so while their intention may not be directly to control this market, if such control allowed them to get more profits then it is likely they will try to push for it, unfortunately many retail traders care only about the profits as well so it is almost a certainty that there will be a very strong push to try to tame bitcoin and control it completely during the next years.

[xSkylarx]

No one can control Bitcoin at the moment. I think you misunderstood those things; they are just advertising Bitcoin because all of us want to increase its adoption because we will benefit from it as the price increases. There are whales right now that are smart and not also trying to control the price, because if so, then for sure the price right now is already low.

[Blitzboy]

But still no one can control the market. The market will keep going as we see. And it's true that now many agencies or companies have invested in Bitcoin because they see the potential for the development of Bitcoin in the future. They don't want to be late to participate in Bitcoin investment.

It's hard to deny the presence of Bitcoin at this time, especially with the potential benefits that individuals or companies can obtain. This keeps many people and companies continuing to buy more Bitcoins. In the next year, when the halving will come or even after the halving, Bitcoin's popularity will increase even more than now.

No one wants to say how much BTC they already hold because its a secret. Maybe the question is: Have you bought BTC today?

Organizations and businesses are embracing Bitcoinbecause they see its unquestionable future. Everyone will come to regret not joining the game now. It matters not only where it is at now but also where it is going. Shaving in half? Bitcoin's value will soar as a result, leaving those who do not hold behind.

The amount of Bitcoin that someone owns is irrelevant to me. However, you're losing out if you dont buy. Do you enter or exit?

[Russlenat]

I don't think any institution is trying to control the market, BTC network is decentralized; so it cannot be controlled by anyone, what you are describing is different from what control is. What you are describing is simply that more people and institutions are joining the network, and it is normal. People had and still have wrong impressions about BTC and the network, but many of them later change their ideas to become adopters, it does not mean that they want to control it, which they can't obviously.

No one can ever control a decentralized market, unless if it becomes semi-centralized. However, despite of the fact that bitcoin remains decentralized, the interest to embrace and join its network has even surge high. Not only because they have been amazed of its impressive price, but also they have realized that the world is going nowhere but to adopt bitcoin for good, simply because the people have seen their future in bitcoin, and that everyone wants to take a leap and do not want to be left behind.

[DVlog]

I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.

It's interesting to see how things quickly change, isn't it? My guess is that probably the governments realized since the beginning how powerful bitcoin was, and they also understood that it would be extremely hard for them to limit/control it, so they tried everything in order to make it look bad but, fortunately for us, the bitcoin community was stronger than the FUD, and at that point BTC was something already too big to be contained by the governments.

It is not about the government. They are still considering the crypto industry as a threat. They now realize that they can not control the bitcoin market for its decentralized nature so they want to put regulation. They might think it's easy to float with the waves is better than trying to stop it. The big institution is trying to get into the market first so that they can attract most of the liquid.

[isaac_clarke22]

I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.

Well not sure where country you're from, but I haven't heard that much of a news here in my country regarding institutions chasing to buy or adopt the usage of Bitcoin. Surely most of the institutions are aware of Bitcoin's existence and they usually just tend to avoid the "uncertainty" of having to use one due to volatile prices that's happening with it.

No one can control Bitcoin at the moment. I think you misunderstood those things; they are just advertising Bitcoin because all of us want to increase its adoption because we will benefit from it as the price increases. There are whales right now that are smart and not also trying to control the price, because if so, then for sure the price right now is already low.

"At the moment"? No one can really control Bitcoin, xSkylarx. You could control your users like how devs of custodial wallet do to their end users, but that's the least and best way you could control the usage. You cannot still control on how people would send their Bitcoin to another address.

[serjent05]

I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.

Well not sure where country you're from, but I haven't heard that much of a news here in my country regarding institutions chasing to buy or adopt the usage of Bitcoin. Surely most of the institutions are aware of Bitcoin's existence and they usually just tend to avoid the "uncertainty" of having to use one due to volatile prices that's happening with it.

In the early years of Bitcoin, most country warn their citizen about Bitcoin due to the possibility of scams or the possibility of being exploited by the scammers using Bitcoin. Since Bitcoin are yet to fully establish its footing on those days, the government warns their citizen of possible huge losses if Bitcoin collapses.  But due to Bitcoin proving itself again and again, many government decided to lean on being friendly or neutral about BTC

No one can control Bitcoin at the moment. I think you misunderstood those things; they are just advertising Bitcoin because all of us want to increase its adoption because we will benefit from it as the price increases. There are whales right now that are smart and not also trying to control the price, because if so, then for sure the price right now is already low.

Controlling the system or network and manipulating the market are two different things.  Whales may manipulate the market but there is no way whales can control the Bitcoin network.

[KiaKia]

Trying to join the train is not trying to control the market, they are here just like everyone else, they have bigger money to invest in Bitcoin and we have what we can afford to lose, even if a companies has 50,000BTC they still won't be able to control the market, Bitcoin supply doesn't belong to one person, it's well saturated in the world, maybe you are talking about manipulation? If that's the case then it's possible but not for long, and most times manipulation doesn't work as planned, crypto market is getting stronger, if what happened to FTX happened in 2018 it would have been more disastrous..

[DVlog]

Trying to join the train is not trying to control the market, they are here just like everyone else, they have bigger money to invest in Bitcoin and we have what we can afford to lose, even if a companies has 50,000BTC they still won't be able to control the market, Bitcoin supply doesn't belong to one person, it's well saturated in the world, maybe you are talking about manipulation? If that's the case then it's possible but not for long, and most times manipulation doesn't work as planned, crypto market is getting stronger, if what happened to FTX happened in 2018 it would have been more disastrous..

Hmm...the problem with big companies in the Bitcoin market is they are sitting on a pile of cash that they can use to manipulate the market. Just think what MicroStrategy can do now when big giant companies like BlackRock trying to join the market. MicroStrategy can literally crash the market 40%-50% with just a single tweet. Some might say this will bring the opportunity to grab some cheap bitcoin but what about those who put high leverage? This kind of manipulation in the market damages retail investors mostly. The only gainers are centralized exchange and big institutions like MicroStrategy.

[michellee]

But still no one can control the market. The market will keep going as we see. And it's true that now many agencies or companies have invested in Bitcoin because they see the potential for the development of Bitcoin in the future. They don't want to be late to participate in Bitcoin investment.

It's hard to deny the presence of Bitcoin at this time, especially with the potential benefits that individuals or companies can obtain. This keeps many people and companies continuing to buy more Bitcoins. In the next year, when the halving will come or even after the halving, Bitcoin's popularity will increase even more than now.

No one wants to say how much BTC they already hold because its a secret. Maybe the question is: Have you bought BTC today?

Organizations and businesses are embracing Bitcoinbecause they see its unquestionable future. Everyone will come to regret not joining the game now. It matters not only where it is at now but also where it is going. Shaving in half? Bitcoin's value will soar as a result, leaving those who do not hold behind.

The amount of Bitcoin that someone owns is irrelevant to me. However, you're losing out if you dont buy. Do you enter or exit?

Since Bitcoin dipped to around $30k yesterday, I have started buying Bitcoin to stock up for a bull run later in the next year before or after the halving. And I have also managed to buy under $ 20k too so I don't care anymore about the price of Bitcoin going up and down as it is now.

And if the Bitcoin price stays like this for a while, I will continue to buy Bitcoins because this is still a good opportunity to accumulate more.

How about you? Have you entered or exited or are you still trying to figure it out and want to wait for the price to decrease again, like a few months ago? It's your decision

[isaac_clarke22]

I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.

Well not sure where country you're from, but I haven't heard that much of a news here in my country regarding institutions chasing to buy or adopt the usage of Bitcoin. Surely most of the institutions are aware of Bitcoin's existence and they usually just tend to avoid the "uncertainty" of having to use one due to volatile prices that's happening with it.

In the early years of Bitcoin, most country warn their citizen about Bitcoin due to the possibility of scams or the possibility of being exploited by the scammers using Bitcoin. Since Bitcoin are yet to fully establish its footing on those days, the government warns their citizen of possible huge losses if Bitcoin collapses.  But due to Bitcoin proving itself again and again, many government decided to lean on being friendly or neutral about BTC

Well til this day, my local news still warn their people about the usage of Bitcoin although it's not technically regarding scams and exploitation, but rather the volatility of the market which kinda gets people off their railings in their savings. Even in my local app, I kinda get annoyed regarding the multiple instances of warnings even though I know that they just meant good anyway.

I just wish that government would just not really attempt to control their people in how they wanted to handle their own money.

[DVlog]

I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.

Well not sure where country you're from, but I haven't heard that much of a news here in my country regarding institutions chasing to buy or adopt the usage of Bitcoin. Surely most of the institutions are aware of Bitcoin's existence and they usually just tend to avoid the "uncertainty" of having to use one due to volatile prices that's happening with it.

In the early years of Bitcoin, most country warn their citizen about Bitcoin due to the possibility of scams or the possibility of being exploited by the scammers using Bitcoin. Since Bitcoin are yet to fully establish its footing on those days, the government warns their citizen of possible huge losses if Bitcoin collapses.  But due to Bitcoin proving itself again and again, many government decided to lean on being friendly or neutral about BTC

Well til this day, my local news still warn their people about the usage of Bitcoin although it's not technically regarding scams and exploitation, but rather the volatility of the market which kinda gets people off their railings in their savings. Even in my local app, I kinda get annoyed regarding the multiple instances of warnings even though I know that they just meant good anyway.

I just wish that government would just not really attempt to control their people in how they wanted to handle their own money.

Our central bank make it illegal to trade any kind of crypto assets and news papers and news channels are releasing negative bias news against it. But this just fasten the adoption and publicity of bitcoin within our local community. Many youth are working in different sector of the industry and earning a respectable income. Let the government do their things and we will do ours.