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Topic: Do not be too happy - page 2. (Read 1089 times)

member
Activity: 714
Merit: 11
BountyMarketCap
January 25, 2021, 12:18:06 AM
#83
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink
You are right, commercial companies put their money into investing in crypto aimed more at controlling prices, because they are certainly playing with very much money than ordinary people or retail investors. On the plus side, we can feel the increase quickly when they pump bitcoin, but conversely we can also fall very deep when they dump prices.
newbie
Activity: 23
Merit: 0
January 24, 2021, 08:03:00 PM
#82
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
On the contrary, who are stopping these big companies from entering the field? This is open market and we can't really control who or what entity are going to buy. Besides, ordinary people can invest or used bitcoin as form of money.

In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink
Again, I find your argument flaw in the beginning. From Africa to Asia, anyone can invest, so it is still distributed all over. It's not just US big companies are entering, there are also wealthy people from Mexico to Asia, so there's nothing wrong with the current market situations. And it's good the bitcoin has evolved has well.
I agree with that, especially now that in this generation, people are more prone to using digital and virtual things, even when it comes to payment.
member
Activity: 332
Merit: 11
January 24, 2021, 07:35:50 PM
#81
I think bitcoin is for everyone, whether it is the upper class or the lower class, so I would appreciate it if large companies enter the crypto world and I hope that with their arrival the price of bitcoin will grow.
full member
Activity: 1750
Merit: 118
January 24, 2021, 07:14:56 PM
#80
not only big companies but your also hating big individual investors because they can control the price as well . you want equality and the solution would be by setting every individual or companies a limit of purchase but infact thats already possible in exchanges although the buyer can still buy another coins on a different exchange because we dont have a single exchange available  . now what ?  i guess we only need to go with the flow with them but its still possible to make a profit as long as you are atentive and can act fast upon every market changes .
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 24, 2021, 06:36:41 PM
#79
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink

I think you're living under some type of illusion/delusion if you think 'ordinary people' can invest/use Bitcoin.

In case you haven't been paying attention, tx fees are regularly $10 or more thanks to the geniuses that gaslighted everyone into believing 1 MB blocks was a good idea. If a person invests $20 on an exchange and moves their coins to a wallet where they control the keys, they instantly lose 1/2 of the investment.

And.. the balance is now frozen since there's not enough left to cover the fees to send them out.
There is nothing to talk of the transaction fee. Just think if majority of the system is with the common people automatically they can come to a role and fix the transaction charge. Now if the majority holdings will be with the corporate networks, they get the access or beyond certain limit surely they'll try to take control over the transaction fee. Think of the present market situation, they manipulate on need.
hero member
Activity: 2184
Merit: 531
January 24, 2021, 05:40:42 PM
#78
I'm always happy regardless of the type of investor that joins the scene. If it's a big company it's even better because it's going to be in the media a bit more.

If you're scared that big investors will manipulate the market, don't be. They don't have time to trade it actively. For them it's usually about the media that will catch the story and give them free advertising and about being safe from possible bank bailouts and seizures. They aren't buying to sell next month.
hero member
Activity: 2996
Merit: 609
January 24, 2021, 02:00:26 PM
#77
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink

When it comes to reality then this isnt something new, of course those people who do have money will really accumulate more compared into those average joe's.

Everyone cant really avoid on not to be happy because we do all hope for global adoption and that would really be including those big companies and other institutional
funds will really be flowing into this market.

Rather than on minding for you not to be happy because of those possibilities then its better to take advantage with those and be alert
if you do see some significant movement that might indicate for some possible dump or bearish market.It all matters on how you do deal
and make out decisions.
jr. member
Activity: 154
Merit: 1
January 24, 2021, 01:46:44 PM
#76

You should be happy when ordinary people invest more than big companies.

you should be happy when you do something good for other people.
sr. member
Activity: 1484
Merit: 323
January 24, 2021, 12:12:02 PM
#75
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink
sometimes that's what a person or a small investor is afraid of. Large companies have the power to dump prices quickly. and they have it all, small investors must always be aware of this in order to avoid big losses
Feel free to correct me, but as to how I comprehend those articles regarding huge companies accepting this mode of payment, they are more of a third party network than investors. As to how I interpret this, they are only into transaction fees and are not into the game itself. Unless those companies would choose to invest and risk in this technology. But primarily, they are into the money in every transaction of their users. Also, it would be hard to manipulate the market price of crypto s as evident to whales in this industry wherein they could make a slight change but not for a long period of time.
full member
Activity: 827
Merit: 100
January 24, 2021, 11:54:57 AM
#74
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink
sometimes that's what a person or a small investor is afraid of. Large companies have the power to dump prices quickly. and they have it all, small investors must always be aware of this in order to avoid big losses
full member
Activity: 387
Merit: 100
January 24, 2021, 11:51:50 AM
#73
yes I agree with you .. do not fully trust the big investors, at any time they could throw away their bitcoins .. so in my opinion trading is not greedy.  while profitable then sell your bitcoin.
sr. member
Activity: 1638
Merit: 300
January 24, 2021, 10:42:26 AM
#72
This is a common thing as the more BTC will get fame the higher the buyer/investors will be and those who invested more will get more profit.

Obviously, that would be the case. The early adopters would be getting higher profits when it comes to investing. But that doesn't mean that if they get it, they will be having a profit. It will still depend on how you will be working your funds out, it is not always how early you invested it is how you are moving in that certain market.
jr. member
Activity: 259
Merit: 1
January 24, 2021, 10:37:45 AM
#71
This is a common thing as the more BTC will get fame the higher the buyer/investors will be and those who invested more will get more profit.
full member
Activity: 715
Merit: 101
January 24, 2021, 10:28:36 AM
#70
I told several times that now grayscale and other big companies can do whatever they want with crypto. They control the market absolutely
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
January 24, 2021, 09:44:56 AM
#69
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink

I have a contrary opinion, even though your points are valid. As an investor, i  want to say that you have every reason to be happy that big corporations are buying into crypto market because it promises price uptrend and massive profits. What you should not do is be carried away, make sure you take profit and take advantage of the positives of the big corporation
sr. member
Activity: 1638
Merit: 255
January 23, 2021, 06:45:50 PM
#68
But behind that, when many large companies invest as it is today, then bitcoin is increasingly popular and its adoption is increasingly mass. many people
are benefiting from bitcoin’s rise now, including you, if you invest as well. Therefore, also the demand is getting higher. Every individual or large company
and anyone may invest in bitcoin to benefit from it.
Satoshi indeed created bitcoin as a digital currency, but is now more developed as an investment instrument. So there’s no need to worry if a big company
or whoever it is dumps their bitcoins. They’ll buy back.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
January 23, 2021, 06:36:24 PM
#67
You make a point, but the thing is, Bitcoin is for anyone, and no one can stop the other (just like I can't stop you from using it). So, you never can stop any big company from doing what they want. What you said is one of the disadvantage of having them around, but there are advantages too...
full member
Activity: 1498
Merit: 129
January 23, 2021, 04:42:51 PM
#66
I would you know when individual are investing big time? it is difficult. everyone want to be anonymous. Company investment does not necessarily mean they are going to hold a central position because crypto itself does not belong to a central authority and the fact that you hold more than me does not mean you have power over my own crypto or determine the how I spend my asset. However, people get happy when renowned company invest in crypto because it brings the feeling of adopting crypto massively which is one big thing that necessitate continuous increase in the price of the bitcoin today.
hero member
Activity: 2170
Merit: 530
January 23, 2021, 04:08:03 PM
#65
Yeah,but the ordinary people are seeing that large companies trust Bitcoin,so Bitcoin will definitely look more legit in the eyes of the "Average Joe".
Manipulating the BTC price is illegal and large banks and corporations still have to comply with the rules set by the government officials.
Bitcoin cannot be "distributed equally".The people and companies with more money will get more Bitcoins.Unfortunately the poor are excluded from the distribution of wealth and resources.That's how capitalism works.
I'm not happy,because I don't have enough Bitcoins. Grin
Institutional investors might bring a little bit more stability to the BTC market,because the small investors and crypto traders are more into short term trading,so they are more likely to panic sell and leave the market,when a price crash occurs.

Yah, OP don't need to be like this if people like us is being happy to what bitcoin is doing in the market now, if more and more companies, merchants and some banks are slowly adapting bitcoin and other crypto in their system I think we should be happy, this thing can open many opportunities to others, it can also make the price of the bitcoin to high so  as long as we're happy there's no wrong, so if we get some gains in every investment and we already happy with it, be contented.
member
Activity: 1358
Merit: 81
January 23, 2021, 03:25:22 PM
#64
It is obvious that with the current announcements about Bitcoin it has shown maturity. It is a new stage that will lead us to an advance in technology, institutions are buying bitcoin, ethereum and litecoin as an investment to later seek solutions with the construction of applications.
This is the time of blockchain, everything has been achieved with all the support we have given to the crypto market.
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