My body and wallet are ready.
Amen brother.
Trouble is the market is very thin; there are not enough coins for large investors. Either BTC will go to the moon, or they will have to diversify into other coins. What do you think?
There is a squeeze put on the market in these bull runs, we've seen it in action before. As the price rises people hold on tightly to their bitcoin, and this is one main factor we've seen with quick increases of price. In these bull runs bitcoin becomes more scarce as price climbs, and I think we will see another phase of this very soon. I do not think they will diversify, nor should they.
Institutional investors may already be grinding it out - buying slowly from the exchanges so that price doesn't shoot up, cutting deals with the miners, etc.
Given that the market cap of bitcoin is a tiny $6.6 billion compared to, say Mastercard at $88 billion, I think the big players would move swiftly into the space rather than tiptoeing around and trying to pinch pennies by working with miners. Wall Streeters don't want to work with miners, they have the infrastructure now for larger investments through mainstream exchanges and that is what they will go through.
The facts have proved that 3 billion dollars funds is just a gimmick and rumors
Would you care to provide such "facts"?
