Do you think Institutions secretly HODL Bitcoin? - page 13.

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Quote from: TheCoinGrabber on February 24, 2019, 11:21:42 AM

Quote from: deisik on February 23, 2019, 04:51:13 PM

Personally, I don't expect die-hards like Warren Buffett to get interested in cryptocurrencies any time soon (if ever)

Assuming he genuinely mean what he say in interviews, Buffet's "Bitcoin is an asset that produces nothing" is probably how most of the older generation of investors see cryptocurrencies. They'll obviously be more conservative with investments - Buffet regretted not investing in Amazon for example

Buffett invests mostly in real sector

Financial instruments where Bitcoin truly belongs to are of no interest to him unlike, for example, George Soros (who is a dyed in the wool speculator). And in this manner, he is technically right about Bitcoin producing nothing. He means that Bitcoin doesn't produce goods which can be consumed and that point can hardly be challenged

On the other hand, Bitcoin is a payment system (at least it is designed to be one) and as such it can be considered a service helping people move money to and fro. And in this sense, its value is as real as anything else out there (provided people actually use it, of course)

TheCoinGrabber

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Quote from: deisik on February 23, 2019, 04:51:13 PM

Personally, I don't expect die-hards like Warren Buffett to get interested in cryptocurrencies any time soon (if ever)

Assuming he genuinely mean what he say in interviews, Buffet's "Bitcoin is an asset that produces nothing" is probably how most of the older generation of investors see cryptocurrencies. They'll obviously be more conservative with investments - Buffet regretted not investing in Amazon for example.

Though he's not entirely wrong that the value of bitcoins do somehow depend on how much others are willing to pay for it, I guess what he's missing is that it's intended to be more than a "stock".

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Bitcoin supply has increased slightly,what do you think now?It's bad or good.I think it's a good sign,in fact Bitcoin price has risen again and can be associated with $15,000.So you can now invest or hold in the right direction.maybe this is the reason for will make a good profitable.

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It can be possible, since bitcoin is decentralized and users are anonymous we cannot tell whether a big corporation or companies are holding cryptocurrency. Some companies wanted to incorporate cryptocurrency in their business, however, it is a complicated step for companies to do so.

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Maybe . because there is no prohibition on who wants to hold cryptocurrency, it is very likely that there are also many companies in terms of investment because the value of the cryptocurrency market is currently also very large

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Quote from: jakezyrus on February 24, 2019, 02:06:25 AM

Quote from: bettercrypto on February 23, 2019, 07:54:06 PM

There's no doubt that there are bigtime holders of bitcoin. For sure some of them are huge companies, rich politicians and some of them might be rich people around the world.

If they are already rich and wealthy why would they waste their time waiting for a high volatile/unstable asset ? Arent they contented on what they already have in their banks ? But when it comes to institutions , not all institutions are bigtime . for example public institutions mainly compose of poor individuals . some of them are possibly investing in bitcoin and on other altcoins because they want their monies to grow while working for a stable salary

Maybe, because they just happen to like crypto?

I mean they may like the technology itself and everything related. For example, many rich people continue working even if they no longer have to work at all. Indeed, it is not like being an employee or anything related to hired labor but crypto has even less to do with that than what we typically understand by work

It is not uncommon to hear thoughts like earning plenty of dough and then retiring early. But money is not about early retirement (though you can certainly choose that option once you are rich enough). Money is about being free to do what you like to do. In most cases that actually means doing something

And sometimes even more than you would typically do for a pay

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There is no doubt that some big and important institutions are holding Bitcoins and I'm sure there are also some prominent banks among them. They wouldn't like to admit that in public because that might be against their official policy or not according to their reputation but they are doing that. Thry havd alao seen their opportunity to make money with Bitcoin and to deal with cryptocurrencies, they just can't admit that in public.

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Quote from: bettercrypto on February 23, 2019, 07:54:06 PM

There's no doubt that there are bigtime holders of bitcoin. For sure some of them are huge companies, rich politicians and some of them might be rich people around the world.

If they are already rich and wealthy why would they waste their time waiting for a high volatile/unstable asset ? Arent they contented on what they already have in their banks ? But when it comes to institutions , not all institutions are bigtime . for example public institutions mainly compose of poor individuals . some of them are possibly investing in bitcoin and on other altcoins because they want their monies to grow while working for a stable salary .

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Quote from: bettercrypto on February 23, 2019, 07:54:06 PM

There's no doubt that there are bigtime holders of bitcoin. For sure some of them are huge companies, rich politicians and some of them might be rich people around the world. They might have bought their bitcoin since the time of bitcoin starting to grow. And moat likely their are holding their bitcoin as gold reserved. It's hard to prove that they're holders because of the anonymity of bitcoin.

Agreed, more and more high profile firms as well as personalities have large HODL of bitcoin. People are much aware about the financial institutions trying to get the people's money through one way or another. This means one with large fiat funds hold large funds in bitcoin to profit on growth as well to manipulate the market.

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I think that is a big possibility and if some institutions or companies secretly hodl some significant amount of bitcoin then I will call it "undeclared reserve" and they are likely reserving it for their future use. When bitcoin adoption go on full speed, bitcoin can also be use by some institutions or governments as a temporary reserve to beef up their funds for the future.

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Quote from: sempak on February 23, 2019, 05:01:50 AM

It is very possible for an institution to hold a large amount of hold. because bitcoin is currently experiencing a deep decline I think many people take the opportunity to buy bitcoin

This is a possibility but we can't prove this is happening.

There are a lot of institutions in this world and we don't know what kind of institution they have. It might be an institution built out of religion, out of their culture, their beliefs or anything like that but there can also be a possibility that there is an institution that is built based on the cryptocurrencies that we don't know and they are holding or trying to manipulate the price on the greater or bad of the market. We can't remove that idea that these institutions are planning a bad thing for our investments right?

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There's no doubt that there are bigtime holders of bitcoin. For sure some of them are huge companies, rich politicians and some of them might be rich people around the world. They might have bought their bitcoin since the time of bitcoin starting to grow. And moat likely their are holding their bitcoin as gold reserved. It's hard to prove that they're holders because of the anonymity of bitcoin.

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Quote from: TheCoinGrabber on February 23, 2019, 03:29:45 PM

Quote from: MoonCrypt on January 31, 2019, 03:28:32 PM

have you ever asked if some companies are seriously investing in Cryptos and still not talking about it?

The thing with investors is you'd only know they invested in something after they've already made an exit or it can no longer be hidden. Which I think is one more reason to not take their word on what the hottest investment is.

I wouldn't be surprised if some in the banking sector already have a stash of bitcoins. At at least 10 years old bitcoin still haven't shown any sign of disappearing and that might raise confidence that it is an investment option to diversify into

That's actually a very wise thought which definitely deserves a merit (or two)

Though I don't think there are a lot of public investments going into crypto right now (as that requires disclosure of such information) but we can be damn sure that at least some of the big guns of the financial world have already invested in Bitcoin privately. Personally, I don't expect die-hards like Warren Buffett to get interested in cryptocurrencies any time soon (if ever), but other folks less stubborn and more open-minded may have already gotten their feet wet at Bitcoin investments. Obviously, they are not going to tell the world about it

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Quote from: MoonCrypt on January 31, 2019, 03:28:32 PM

have you ever asked if some companies are seriously investing in Cryptos and still not talking about it?

The thing with investors is you'd only know they invested in something after they've already made an exit or it can no longer be hidden. Which I think is one more reason to not take their word on what the hottest investment is.

I wouldn't be surprised if some in the banking sector already have a stash of bitcoins. At at least 10 years old bitcoin still haven't shown any sign of disappearing and that might raise confidence that it is an investment option to diversify into.

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Quote from: laredo7mm on February 22, 2019, 03:52:02 AM

I think many people have already held bitcoin especially now the decline of bitcoin itself is also quite large so it's likely that many people have already held bitcoin to be able to get profits later

Millions of people are holding and they are going to hold for long time until price will go above their expectation, the same way there is high possibility that institutions must be holding bitcoin and they must be holding to see price rise higher, so it is hard to neglect that remarkable number of institutes are holding massive number of bitcoin.

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Quote from: Tervelatuk on February 23, 2019, 10:53:35 AM

Quote from: sempak on February 23, 2019, 05:01:50 AM

It is very possible for an institution to hold a large amount of hold. because bitcoin is currently experiencing a deep decline I think many people take the opportunity to buy bitcoin

fo investment institution like JP Morgan and othere finance firm , i am sure most of them holding bitcoin now in their portofolio.this is best chance for them to earn money if they able to spread positive news in market now.

It is not just about Bitcoin ,Banks and big institution hold good amount of fund in stocks or crypto with them.they are big players in trading world,rest become profit generation tool.they dump and pump asset depend on their need.back in 2013 many institution were opposing crypto and calling it as Ponzi scheme but in back they were investing in it.

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Quote from: sempak on February 23, 2019, 05:01:50 AM

It is very possible for an institution to hold a large amount of hold. because bitcoin is currently experiencing a deep decline I think many people take the opportunity to buy bitcoin

fo investment institution like JP Morgan and othere finance firm , i am sure most of them holding bitcoin now in their portofolio.this is best chance for them to earn money if they able to spread positive news in market now.

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It is very possible for an institution to hold a large amount of hold. because bitcoin is currently experiencing a deep decline I think many people take the opportunity to buy bitcoin

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Quote from: Altero on February 22, 2019, 07:30:51 PM

Quote from: mangsitin on February 22, 2019, 06:55:05 PM

I only think positively about the institution, if the institution is quietly the holder of a large number of Bitcoins, I think that is a good thing, because more and more people will buy Bitcoin, the faster the price of Bitcoin will rise again.

We came into strong anonymity and we can certainly hold a huge amount of BTC untraceable to the others. If they are holding of that huge amount just be sure that they'll holding it for good and not for illegal activities. And I'm afraid also that they'll could be the target of hackers.

not for illegal activities will certainly be healthy growth for bitcoin. therefore even though there are institutions that hold a large number of btc, of course this is not a problem as long as it is used for positive activities, thus making the btc circulation healthy too, so that more and more governments will legalize it

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Quote from: mangsitin on February 22, 2019, 06:55:05 PM

I only think positively about the institution, if the institution is quietly the holder of a large number of Bitcoins, I think that is a good thing, because more and more people will buy Bitcoin, the faster the price of Bitcoin will rise again.

We came into strong anonymity and we can certainly hold a huge amount of BTC untraceable to the others. If they are holding of that huge amount just be sure that they'll holding it for good and not for illegal activities. And I'm afraid also that they'll could be the target of hackers.

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