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Topic: Bullish: 'Vast Majority' of Institutions Will Own Crypto by 2026: Fidelity (Read 400 times)

legendary
Activity: 2044
Merit: 1115
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If anyone still has doubts about whether it is worth buying and waiting at least until the next cycle, take a look at what a new survey from Fidelity Digital Assets says.

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

We have seen entrepreneurs who were skeptical of Bitcoin years ago change their minds in the last year. If what the survey says comes true, and it looks like it will, it won't even be necessary to own a whole Bitcoin to achieve a certain degree of wealth.

Surely the $30K we have seen recently will never be seen again.
Even without being told I have already believed that the thirty thousand dollars we saw this year is likely to be the least that the market would ever go again and it’s going to continue from their to be going up and won’t go down below that range. And the next thing I do know is that institutional investors are not going to stop coming, there are going to be so many of them coming all the time, we haven’t seen the end of the market growth, there is still a lot more to come and I can’t wait for that to happen. That’s why we have now to do whatever we want to do and wait for that time to come.

Just as everyone who has ever predicted a top has been wrong, likely is everyone wrong who ever predicts the "last" time we see a certain low.  The history of Bitcoin has always been one of extreme volatility, where peaks and valleys are revisisted with regularity.  Last time it was at $60k there were also people saying it'll never go below $40k again, and they were wrong, just like you're likely to be wrong.  Forever is a long time.  I would bet that we see $30k again if the time horizon is "forever."
hero member
Activity: 2562
Merit: 586
If anyone still has doubts about whether it is worth buying and waiting at least until the next cycle, take a look at what a new survey from Fidelity Digital Assets says.

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

We have seen entrepreneurs who were skeptical of Bitcoin years ago change their minds in the last year. If what the survey says comes true, and it looks like it will, it won't even be necessary to own a whole Bitcoin to achieve a certain degree of wealth.

Surely the $30K we have seen recently will never be seen again.
Even without being told I have already believed that the thirty thousand dollars we saw this year is likely to be the least that the market would ever go again and it’s going to continue from their to be going up and won’t go down below that range. And the next thing I do know is that institutional investors are not going to stop coming, there are going to be so many of them coming all the time, we haven’t seen the end of the market growth, there is still a lot more to come and I can’t wait for that to happen. That’s why we have now to do whatever we want to do and wait for that time to come.
hero member
Activity: 2702
Merit: 704
Yes I believe this but there will be hard challenges, government will have to keep putting ban on crypto because it's really a threat to their CBDC honestly, china made the first move and I expect other countries to follow, it seems the gov won't like the insane attention that crypto is getting over CBDC but we wil see how this ends
It is kind of late for that now that institutional investors have finally come to the market, also bitcoin is playing to the advantage of the US, after all with all the money they printed the inflation should be much higher but this is not the case because a great deal of that money was absorbed by this market.

What they are going to try to do is to regulate it and try to make this market to bend to their will and I think they are confident they are going to do it, however I do not think they will be able to accomplish it and when thy realize this that will be the moment an outright ban could come, but at that time people will simply not care and will keep using their bitcoin despite the disapproval from some governments.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
Their intention to intervene would be futile. However powerful a government may be, it simply cannot take control of Bitcoin's supply distribution.
It wouldn't take much power; it would just take a lot of money.  If a large government wanted to buy up all the bitcoin in circulation, it probably could (though why they'd do that is beyond me).

Well, I respectfully disagree, at least on couple of reasons.

First, it is not just about the money. It is most likely that even if the money is indeed available, the Bitcoin isn't. The last time I read the news, the available Bitcoin on all exchanges are only limited to a little more than 2 million BTC. That's just at least 10% of all the Bitcoin in circulation. There are of course other ways to acquire Bitcoin outside the exchanges, but they're far more limited. Unless the government would force every individual and institutional hodler to give up their Bitcoin, it cannot lay its hands on all the Bitcoin in circulation. But since Bitcoin is seizure-proof to a certain extent, I doubt it will happen.

Second, Bitcoin's market cap is almost a trillion USD. That's a huge amount not even the richest of countries could afford. That's even higher than the GDP of almost a hundred countries. Even if it is just half a trillion USD, supposing a country is really bent on acquiring majority of the Bitcoin in circulation, it simply couldn't afford it.

All in all, I'm still convinced that not even the most powerful country could intervene in the supply distribution of Bitcoin.

Regulating BTC mining to the environmentally friendly is a kind of intervention to Bitcoin which if the government is not going to be successful in gulping the circulating supply, they are going to take it gradually thru regulating mining farms to comply.  Elon initiated it with his proposal about it and it could become a standard which the Chinese had also comply by sending away miners. It's going to be difficult for them to execute all these.

That's a mild intervention which does not amount to taking over Bitcoin or its supply. I guess Bitcoin miners could easily comply with it if ever it becomes a policy that Bitcoin mining would only be allowed under the condition that it uses renewable energy sources. That's less of a threat. Governments couldn't bring down Bitcoin nor manipulate its price that way.

Anyway, does Elon have a proposal with which China complied by sending away miners? If I'm not mistaken, many of those miners were using hydroelectric energy. That they were asked to leave China wasn't environmentally-related.

It's not going to be mild if they make it a law that treats miners as brokers just as being said in the infrastructure bill. If the senators didn't object to the bill, the law will be able to make them criminals and it's not even because they are not environment friendly.

Elon is just part of it but didn't propose to China.  This is just in the US but if successfully made law, US can force everyone to use electric cars only because of this law. Cars all over the world use gasoline. US can also make it look with media that extracting crude oil is also not environment friendly and illegal.  

Aramco, the largest oil company even responded that they will use their oil to mine BTC to free themselves out of this impending threat.



legendary
Activity: 2576
Merit: 1860
Their intention to intervene would be futile. However powerful a government may be, it simply cannot take control of Bitcoin's supply distribution.
It wouldn't take much power; it would just take a lot of money.  If a large government wanted to buy up all the bitcoin in circulation, it probably could (though why they'd do that is beyond me).

Well, I respectfully disagree, at least on couple of reasons.

First, it is not just about the money. It is most likely that even if the money is indeed available, the Bitcoin isn't. The last time I read the news, the available Bitcoin on all exchanges are only limited to a little more than 2 million BTC. That's just at least 10% of all the Bitcoin in circulation. There are of course other ways to acquire Bitcoin outside the exchanges, but they're far more limited. Unless the government would force every individual and institutional hodler to give up their Bitcoin, it cannot lay its hands on all the Bitcoin in circulation. But since Bitcoin is seizure-proof to a certain extent, I doubt it will happen.

Second, Bitcoin's market cap is almost a trillion USD. That's a huge amount not even the richest of countries could afford. That's even higher than the GDP of almost a hundred countries. Even if it is just half a trillion USD, supposing a country is really bent on acquiring majority of the Bitcoin in circulation, it simply couldn't afford it.

All in all, I'm still convinced that not even the most powerful country could intervene in the supply distribution of Bitcoin.

Regulating BTC mining to the environmentally friendly is a kind of intervention to Bitcoin which if the government is not going to be successful in gulping the circulating supply, they are going to take it gradually thru regulating mining farms to comply.  Elon initiated it with his proposal about it and it could become a standard which the Chinese had also comply by sending away miners. It's going to be difficult for them to execute all these.

That's a mild intervention which does not amount to taking over Bitcoin or its supply. I guess Bitcoin miners could easily comply with it if ever it becomes a policy that Bitcoin mining would only be allowed under the condition that it uses renewable energy sources. That's less of a threat. Governments couldn't bring down Bitcoin nor manipulate its price that way.

Anyway, does Elon have a proposal with which China complied by sending away miners? If I'm not mistaken, many of those miners were using hydroelectric energy. That they were asked to leave China wasn't environmentally-related.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
Their intention to intervene would be futile. However powerful a government may be, it simply cannot take control of Bitcoin's supply distribution.
It wouldn't take much power; it would just take a lot of money.  If a large government wanted to buy up all the bitcoin in circulation, it probably could (though why they'd do that is beyond me).

Well, I respectfully disagree, at least on couple of reasons.

First, it is not just about the money. It is most likely that even if the money is indeed available, the Bitcoin isn't. The last time I read the news, the available Bitcoin on all exchanges are only limited to a little more than 2 million BTC. That's just at least 10% of all the Bitcoin in circulation. There are of course other ways to acquire Bitcoin outside the exchanges, but they're far more limited. Unless the government would force every individual and institutional hodler to give up their Bitcoin, it cannot lay its hands on all the Bitcoin in circulation. But since Bitcoin is seizure-proof to a certain extent, I doubt it will happen.

Second, Bitcoin's market cap is almost a trillion USD. That's a huge amount not even the richest of countries could afford. That's even higher than the GDP of almost a hundred countries. Even if it is just half a trillion USD, supposing a country is really bent on acquiring majority of the Bitcoin in circulation, it simply couldn't afford it.

All in all, I'm still convinced that not even the most powerful country could intervene in the supply distribution of Bitcoin.

Regulating BTC mining to the environmentally friendly is a kind of intervention to Bitcoin which if the government is not going to be successful in gulping the circulating supply, they are going to take it gradually thru regulating mining farms to comply.  Elon initiated it with his proposal about it and it could become a standard which the Chinese had also comply by sending away miners. It's going to be difficult for them to execute all these.


legendary
Activity: 2576
Merit: 1860
Their intention to intervene would be futile. However powerful a government may be, it simply cannot take control of Bitcoin's supply distribution.
It wouldn't take much power; it would just take a lot of money.  If a large government wanted to buy up all the bitcoin in circulation, it probably could (though why they'd do that is beyond me).

Well, I respectfully disagree, at least on couple of reasons.

First, it is not just about the money. It is most likely that even if the money is indeed available, the Bitcoin isn't. The last time I read the news, the available Bitcoin on all exchanges are only limited to a little more than 2 million BTC. That's just at least 10% of all the Bitcoin in circulation. There are of course other ways to acquire Bitcoin outside the exchanges, but they're far more limited. Unless the government would force every individual and institutional hodler to give up their Bitcoin, it cannot lay its hands on all the Bitcoin in circulation. But since Bitcoin is seizure-proof to a certain extent, I doubt it will happen.

Second, Bitcoin's market cap is almost a trillion USD. That's a huge amount not even the richest of countries could afford. That's even higher than the GDP of almost a hundred countries. Even if it is just half a trillion USD, supposing a country is really bent on acquiring majority of the Bitcoin in circulation, it simply couldn't afford it.

All in all, I'm still convinced that not even the most powerful country could intervene in the supply distribution of Bitcoin.
hero member
Activity: 2562
Merit: 586
If anyone still has doubts about whether it is worth buying and waiting at least until the next cycle, take a look at what a new survey from Fidelity Digital Assets says.

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

We have seen entrepreneurs who were skeptical of Bitcoin years ago change their minds in the last year. If what the survey says comes true, and it looks like it will, it won't even be necessary to own a whole Bitcoin to achieve a certain degree of wealth.

Surely the $30K we have seen recently will never be seen again.
I am always telling people this! It’s not over, yet. Though the price we have now might seem like it’s really too much, but this will be small compared to what we are going to see in the future, because by then there is going to be lots of institutional investors who will invest huge amount of money. That’s going to move up the price and those who don’t invest now wouldn’t be happy about that.

2026 is five years from now, and before then I believe we are going to see another halving take place, and it will shorten the rate of supply and since there will be much demand coming in at that time, this will pump the price. With the way I am seeing things now, I think anywhere around $30,000 is the least price we will ever see from now.
legendary
Activity: 3458
Merit: 6948
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Their intention to intervene would be futile. However powerful a government may be, it simply cannot take control of Bitcoin's supply distribution.
It wouldn't take much power; it would just take a lot of money.  If a large government wanted to buy up all the bitcoin in circulation, it probably could (though why they'd do that is beyond me).  A consortium of governments interested in doing the same thing would have no problem, since they'd have pooled their funds.  That isn't going to happen, however, nor have I ever heard that any government was even thinking about thinking about it, if you know what I mean.

But as you said, much more damage can be done with legislation, so that's where the danger really lies.  That US infrastructure bill is one of the pieces of proposed legislation that has a lot of bitcoiners worried (and for good reason, IMO).  It wouldn't deter big companies from owning crypto, because they have compliance departments to make sure all the rules are followed--but for the little guy who's into crypto it could be devastating.  Hopefully some members of this forum in the US are contacting their senators to protest.  I know I did.
sr. member
Activity: 2394
Merit: 454
Why don't they buy now though? I mean in the near future that they plan to buy, the prices could've probably doubled already or tripled meaning that they will buy more for less bitcoin. I don't hold out too much hope for this survey because this big fishes can easily lie to this kind of thing you know? They may say they will buy but they just want the survey to finish much faster if you think about it.

It wouldn't be a problem for those wealthy people to invest in bitcoin with a price higher than what it was originally, let's say 6 years ago because they have the money to spend in the first place. It won't hurt their pocket if bitcoin's price will increase by like 200,000 dollars because most of the time, this is just a little amount for them (I'm pertaining to those big personalities that have so much to spare). Maybe the reason why they aren't still buying bitcoin and other cryptocurrencies is that they are still observing and waiting for the time crypto will be more regulated compared to what it is right now and the time it will be more stable and much safer to invest in, and the time it will be adopted by more establishments and companies. Surely, these people have their reasons. A good go signal that they are waiting for will definitely be their key to invest in btc in no time.
member
Activity: 196
Merit: 11
Yes I believe this but there will be hard challenges, government will have to keep putting ban on crypto because it's really a threat to their CBDC honestly, china made the first move and I expect other countries to follow, it seems the gov won't like the insane attention that crypto is getting over CBDC but we wil see how this ends
legendary
Activity: 2576
Merit: 1860
This survey makes the argument stronger that if you join Bitcoin and think long-term, things will be good. If you forget about the huge corrections, bear seasons, 50% sudden fall in price, and so on and continue to HODL strong, things could never go wrong. The rise and fall of Bitcoin's price is seen close-up but if you zoom it out, everything is encouraging. With all the news, rumors, FUD, and the likes, I guess it is clear that there is still net positive about the future of Bitcoin. Adoption is getting stronger every single day.

As the narrative of bitcoin has change, and so is our goal here. Bitcoin should be hold for long-term, well at least a year and then see how it goes for us. The problem is that many bet on the short and thinking that they can too earn huge money in short-term. But the better plan obviously, is to continue to stack and accumulate bitcoin and look in the future. Imagine +4 years from now, after the halving, we might be pushing for at least $500k that time.
It should not be forgotten that cryptocurrency does not exist in society by itself. States and their governments will very actively intervene in the process of cryptocurrency distribution, and even with the help of various instruments to regulate its circulation, they will actively influence the price of the cryptocurrency itself. An increase in the volume of funds invested in cryptocurrency changes the structure and functioning of the global financial system, and if these changes affect the interests of states and their governments, a general attack on cryptocurrency will begin. Therefore, it is rather difficult to say how the cryptocurrency will develop further. Still, it is important for cryptocurrency to occupy its own niche in the financial sector, so as not to conflict with it too much.

Are you still talking about cryptocurrency as in Bitcoin here? If you are, then it does not matter whether governments would want to actively intervene in the distribution or not. Their intention to intervene would be futile. However powerful a government may be, it simply cannot take control of Bitcoin's supply distribution.

Well, governments may influence the price of Bitcoin, but it has a lot of prerequisites. In the first place, they need to buy a lot of BTC first. They have to be the largest of whales so that they could manipulate the price on their own. It's worth mentioning that Bitcoin is worth almost a trillion USD and is being actively traded globally with tens of billions in daily volume.

As to governments attacking Bitcoin, it has already began a long time ago. And if they did not succeed during Bitcoin's earliest infancy, they wouldn't succeed now nor in the future.
full member
Activity: 2142
Merit: 183
This survey makes the argument stronger that if you join Bitcoin and think long-term, things will be good. If you forget about the huge corrections, bear seasons, 50% sudden fall in price, and so on and continue to HODL strong, things could never go wrong. The rise and fall of Bitcoin's price is seen close-up but if you zoom it out, everything is encouraging. With all the news, rumors, FUD, and the likes, I guess it is clear that there is still net positive about the future of Bitcoin. Adoption is getting stronger every single day.

As the narrative of bitcoin has change, and so is our goal here. Bitcoin should be hold for long-term, well at least a year and then see how it goes for us. The problem is that many bet on the short and thinking that they can too earn huge money in short-term. But the better plan obviously, is to continue to stack and accumulate bitcoin and look in the future. Imagine +4 years from now, after the halving, we might be pushing for at least $500k that time.
It should not be forgotten that cryptocurrency does not exist in society by itself. States and their governments will very actively intervene in the process of cryptocurrency distribution, and even with the help of various instruments to regulate its circulation, they will actively influence the price of the cryptocurrency itself. An increase in the volume of funds invested in cryptocurrency changes the structure and functioning of the global financial system, and if these changes affect the interests of states and their governments, a general attack on cryptocurrency will begin. Therefore, it is rather difficult to say how the cryptocurrency will develop further. Still, it is important for cryptocurrency to occupy its own niche in the financial sector, so as not to conflict with it too much.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

The adoption is already up when El Salvador made BTC legal tender. This isn't just something that moves the price up but at a local level, anyone in the country will have BTC to hold.

But will another cryptocurrency be among the ones that institutions going to also hold in their balance sheet? ETH is likely one of them but other coins may really be left out here because once a popular entity accuses one project, it will send the price to zero.
full member
Activity: 1904
Merit: 138
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I don't know whether this news could affect the prices of cryptocurrencies directly very much. But it will affect the adoption rate very much that's for sure. This will streamline the process which cryptocurrencies enter our daily life. Because if most of the companies start owning crypto and even accept cryptocurrency in some way, other people and institutions also will notice this and do the same also.

Maybe we will see the crypto market to be more stable if the adoption is much stronger. A lot of merchants have problem with the volatility aspect of crypto, the reason why they are hesitant to include crypto in their payment system. If the price will be more stable, maybe, users will have no problem using crypto as payment method rather than just holding it hoping that its price will skyrocket in the future.
legendary
Activity: 2562
Merit: 1441
According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.


That could be sufficient purchasing volume and demand to offset bitcoin's historical 4 year boom and bust cycle. It could explain the impetus behind bitcoin's recent uptrend.

The media claims bitcoin's latest uptick is due to "support" of US crypto regulation. Which is interesting as I don't know that anyone in BTC likes the regulation proposal.

If "70% of institutional investors" plan to buy digital assets. It would be very interesting to know what percentage will buy digital assets (crypto) through a bank, and what percentage would choose instead to make purchases using a stablecoin. The information could be valuable not only for comparison shopping purposes for whales. But also as it would be the only way to have an accurate picture of what true bitcoin purchasing volume looked like on the banking side of things where that data is unavailable.
sr. member
Activity: 1736
Merit: 291
I don't know whether this news could affect the prices of cryptocurrencies directly very much. But it will affect the adoption rate very much that's for sure. This will streamline the process which cryptocurrencies enter our daily life. Because if most of the companies start owning crypto and even accept cryptocurrency in some way, other people and institutions also will notice this and do the same also.
legendary
Activity: 3080
Merit: 1500
If anyone still has doubts about whether it is worth buying and waiting at least until the next cycle, take a look at what a new survey from Fidelity Digital Assets says.

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

We have seen entrepreneurs who were skeptical of Bitcoin years ago change their minds in the last year. If what the survey says comes true, and it looks like it will, it won't even be necessary to own a whole Bitcoin to achieve a certain degree of wealth.

Surely the $30K we have seen recently will never be seen again.

Corporates will buy into anything where they sniff potential profit.  So it's no wonder that bitcoin has been added to their wishlist. Even today it is very difficult to earn bitcoin so you can imagine what will happen once these deep-pocketed corporates will start with their buying spree. The entire market will then be controlled by these whale corporates which is not at all ideal.

But one thing I agree - we need to buy bitcoin while it's cheap or else we may loose the opportunity forever.
hero member
Activity: 2114
Merit: 618
If anyone still has doubts about whether it is worth buying and waiting at least until the next cycle, take a look at what a new survey from Fidelity Digital Assets says.

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

We have seen entrepreneurs who were skeptical of Bitcoin years ago change their minds in the last year. If what the survey says comes true, and it looks like it will, it won't even be necessary to own a whole Bitcoin to achieve a certain degree of wealth.

Surely the $30K we have seen recently will never be seen again.
Once again entry of Institutional Investors is both good as well as bad news! on one hand, it might make the market more balanced with whales of crypto on one side and Institutional Investors on the other side, but at the same time it'll make the market much more manipulative too, crypto whales already manipulate the market too much, the Institutional Investors would supplement this manipulation even further, therefore, making the market more or less like the stock market with a lot of insider information flowing around and manipulative. Remember these Institutional Investors are even more cunning than whales because they carry their decades of experience from stock market.
hero member
Activity: 1862
Merit: 830
💯 believe this, Amazon, Twitter and Tesla are setting the pace. They see it as a digital asset to invest part of their fund, hold for long but take huge profit from sale in short that cater even for invested capital and profit in cycle. They are smart enough to avoid the deception of launching new coin for their company.
Well I do think that whatever these companies are doing is not out of respect for cryptocurrencies but actually out of necessity. There is actually a huge disadvantage regarding big whales joining the crypto market, especially bitcoins since they can definately manipulate the market and use the social media platforms to influence the market for people who are new to it.
People who would join the whole crypto train would be the first to get the benefits of the whole thing, since there are a lot of applications and advantages. Plus many countries are taking a lesson from El Salvador and trying to improve their own economic situation in context of cryptocurrencies like bitcoins. I think in the future we are going to see more applications and more countries making cryptocurrencies like bitcoins a legal tender.
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