Bitcoin was doing fine until trust began to shift more towards big investors

[Franctoshi]

I do not see what that has changed much with the entrance of institutional players into the market, only the volatility we can say it has dropped a little compared to the past and the previous bear/bull market cycles. And based on Bitcoin historical performances this year is a bear market for Bitcoin, so don't expect price to rise immediately to all time highs, What is happening in the market is position and repositioning of investors portfolios is what that's taken place right.

[Z-tight]

Freedom is one of the 'values' of BTC and since it is censorship resistant, you know that anybody can buy it, institutions, like Saylor is doing through debt and equity, institutional investors, who are buying through etf's, as well as other whales and retail investors. BTC is still what it has always been, nothing has changed as far as the protocol.

I get it that weak hands pay attention to these big players a bit too much, but that is okay. What people do with their BTC does not change what the network is. It is their keys, so their coins.

[OcTradism]

Freedom is one of the 'values' of BTC and since it is censorship resistant, you know that anybody can buy it, institutions, like Saylor is doing through debt and equity, institutional investors, who are buying through etf's, as well as other whales and retail investors. BTC is still what it has always been, nothing has changed as far as the protocol.

I get it that weak hands pay attention to these big players a bit too much, but that is okay. What people do with their BTC does not change what the network is. It is their keys, so their coins.

Bitcoin is itself, and Bitcoin does not change just because of Mt.Gox, Terra or FTX or any bankrupted companies in blockchain and cryptocurrency industry. These companies are responsible for their platforms, products and risk as well as business treasury management. If they did bad things which are risky enough and they are unlucky enough, bankruptcies with their companies only indicate how low quality theirs are.

Like in recent years, with participation of Strategy in Bitcoin market, and their escalating risky strategy, there have been both hypes and fear about Strategy, but we as Strategy outsiders can not change anything in their company. We only can prepare for the worst if it happens with Strategy, what will we have with our bitcoins. If we store bitcoin in our non custodial wallets, we will not lose our bitcoins by any blackswan events from Strategy or any other companies consequently collapse after Strategy bankruptcy.

[YellowSwap]

There was never an attempt to take over Bitcoin, or turn Bitcoin into a centralised project, they knew it was impossible and it was why many popular figures pretended to be Satoshi himself.

That's the least they could do, until Bitcoin failed to be a failure and the only option from then on is to buy many Bitcoin as much as possible and try to manipulate the entire crypto market.

The only power these people have over Bitcoin is creating FUD, Panic, and Manipulation, as you can see it worked for Trump and his family, this is the least they can do.

[Emitdama]

I do not see what that has changed much with the entrance of institutional players into the market, only the volatility we can say it has dropped a little compared to the past and the previous bear/bull market cycles. And based on Bitcoin historical performances this year is a bear market for Bitcoin, so don't expect price to rise immediately to all time highs, What is happening in the market is position and repositioning of investors portfolios is what that's taken place right.

As for me, I can see that the volatility that we are familiar of (active and bigger one) is still there. Just take example the price we had lately or last time rather where we almost fell under $50k. But even if the price had recover a little, we can still see those speculations that a new bottom may still be recorded. This or the volatility is for sure not the only one that has changed but there should be others too by the time the institutional players joined cryptos.

There is no ne need for a history performance, to know that we are on a bear market now, but it should be understood already that after many people sells off by a massive amount, that cause a negative reaction in the price too. And then common sense is only needed that people are enjoying their profits for a while before they buy back, which is why it may take time for the bulls to form again.

[aoluain]

I think most people would somewhat disagree wqith what the OP is eluding to. Whatever
people think or whomever decides to get into Bitcoin for whatever end goal the bottom line
is that Bitcoin the technology hasnt been influenced. The developers continue to work on
the code. Bitcoin still offers the same features/advantages to everyone as Satoshi intended.

[Renampun]

Bitcoin is still doing fine to this day. even though more big investors have entered, the basic principles of Bitcoin remain intact, a transparent, decentralized financial system that is not controlled by any single party. in fact, now we see that Bitcoin has developed further, and people from various backgrounds have adopted it more, so it can be said that Bitcoin is becoming more mature.. although some people are more focused on these big investors, but that is not a problem, it is just the dynamics in the market.

[Z-tight]

Like in recent years, with participation of Strategy in Bitcoin market, and their escalating risky strategy, there have been both hypes and fear about Strategy, but we as Strategy outsiders can not change anything in their company. We only can prepare for the worst if it happens with Strategy, what will we have with our bitcoins.

Yeah, i have said it a couple of times regarding Strategy, i think a lot of people are too invested in what they do or don't do. And the crazy part in all this is that many of these people do not even understand how Strategy acquires their BTC, through debt and equity. But like we both agree, nobody can stop anyone from buying BTC, you may disagree with big corporations holding a large amount of BTC, but that is all you can do. I only have control over my own funds and that is why i pay zero attention to fud or what whales are doing.

[Lida93]

*This does not mean things were good back then, it just wasn't this bad.

From the time I learnt more about bitcoin or should I say when I joined the forum, I noticed that attention where already moving from bitcoin nature or principles to money or profit, that I knew that you can’t have the two things work together, is either the community remain solid on the principles of bitcoin which will allow bitcoin to remain in its original start or growth without being altered by news or some speculation that is national or not global but then as time kept moving the community kept pushing towards making more profit which is now the outcome which is the bad you are talking about but it’s not really bad in terms of profit but bad in terms of its core principles.

What should be understood here is that without the profit aspect of bitcoin by rising price value it wouldn't have being possible to make this large adaption it has earned from bothe retailers and institutions. Without profit which is another way bitcoin stems as a store of value over time it would have being history for it by it just like other altcoins. Perhaps people who only care about the privacy and anonymity the network provides should have being the only majority adopting it to date. Bitcoin is a decentralize coin and we can't stop any body from purchasing it and holding it as much as they can afford to, as an asset.

[Nwada001]

Bitcoin is still doing fine to this day. even though more big investors have entered, the basic principles of Bitcoin remain intact, a transparent, decentralized financial system that is not controlled by any single party. in fact, now we see that Bitcoin has developed further, and people from various backgrounds have adopted it more, so it can be said that Bitcoin is becoming more mature.. although some people are more focused on these big investors, but that is not a problem, it is just the dynamics in the market.

Bitcoin adoption is growing at large, and institutional investors' involvement is part of that growth movement. Some of us argue that their involvement is both an advantage and a serious concern too since they hold large amounts and they could easily use that to manipulate the market; that's a major concern that some people don't really pay attention to.