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Topic: Do you think Institutions secretly HODL Bitcoin? - page 18. (Read 2532 times)

full member
Activity: 560
Merit: 145
I think that investment by institutions is only temporary, even if they cooperate with certain exchanges, the deposit they make is not based on bitcoin but a stable coin or other. I think they are not sure enough to hold bitcoin for a long time because their investment money must go. It is rational thinking that bitcoin holders are people who do not work in institutions.
legendary
Activity: 1372
Merit: 1252
I would never be surprised if Institutions HODL big amount of Bitcoins. As a wise man once said, "If you can't ruin/break it, then control it". Well, If institutions will not at least manipulate and HODL Bitcoins it would cost them much as well.
We can see that Bitcoin is a threat to a lot of business industries worldwide and every institution are alarmed about this.  I think they are probably HODLS a big amount and bitcoin to control it at least.

To me, that makes no sense

If you disagree and you think it does make sense, then you are welcome to explain how holding a big stash of bitcoins can help you control it. Further, you likely also need to explain how Bitcoin is "a threat to a lot of business industries worldwide". It is only a payment tool as well as a competitor to fiat, and while it may in fact pose a threat to a government monopoly on money printing, I don't really see how it can be a threat to real businesses apart from the banking industry. And even in the case of banks, things are not all black and white here

Well, a way to inflict some control on Bitcoin is by holding massive amounts, so when a fork happens, you can dump into whatever end of the split you aren't supporting, forcing miners to point their hashrate to whatever you are supporting and scaring them away from whatever you are dumping upon. So whales play a role in these fork-war situations. And Bitcoin is like land, it's limited in amount, there's only 21 million spots you can claim, no more, so if they want to outmatch the current whales, they need to hold more than them, and they can only do that by buying thus raising the price, and also hoping that whales capitulate when they manipulate the price down with Futures and other fiat derivatives.
hero member
Activity: 994
Merit: 504
have you ever asked if some companies are seriously investing in Cryptos and still not talking about it?
They way crypto platform for Institutional client is been developed by the day is become an eye opener that there is serious interest
by companies but I guess anonymity is prefered

Huobi Launches a trading platform for institution https://bitcoinexchangeguide.com/huobi-crypto-exchange-to-launch-institutional-trading-to-a-limited-group/

So do you think companies like NASDAQ is good for the market https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices

SO do you think Bitcoin will be the future all sometimes fade away?

Huobi MENA: www.huobimena.com
telegram: https://t.me/HBMENA



It is obvious that they do, even the Winklevos twins do also hold a lot of Bitcoin because they know that it will go up drastically someday.
full member
Activity: 966
Merit: 102
I would never be surprised if Institutions HODL big amount of Bitcoins. As a wise man once said, "If you can't ruin/break it, then control it". Well, If institutions will not at least manipulate and HODL Bitcoins it would cost them much as well.
We can see that Bitcoin is a threat to a lot of business industries worldwide and every institution are alarmed about this.  I think they are probably HODLS a big amount and bitcoin to control it at least.

Quote
As a wise man once said, "If you can't ruin/break it, then control it"

that quote is the same as  " if you cant beat them  , joined them "  . we all know that there are some institutions who hate bitcoin too much  .  since they they know that they cannot win thier battle against us because bitcoin lovers are more compared to haters  . they then decided to buy and join the party .

Quote
Well, If institutions will not at least manipulate and HODL Bitcoins it would cost them much as well.

how ?  i mean i dont think so  .  if they wont buy bitcoin , the value can drop more . that simply means that can afford them easily .

Quote
We can see that Bitcoin is a threat to a lot of business industries worldwide

this is not true but this is most of the people think including those institutions  .
it's true that the problem with the existence of bitcoin is that we can make investments that offer benefits. therefore most banks and large investment companies are less fond of bitcoin
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
I would never be surprised if Institutions HODL big amount of Bitcoins. As a wise man once said, "If you can't ruin/break it, then control it". Well, If institutions will not at least manipulate and HODL Bitcoins it would cost them much as well.
We can see that Bitcoin is a threat to a lot of business industries worldwide and every institution are alarmed about this.  I think they are probably HODLS a big amount and bitcoin to control it at least.

To me, that makes no sense

If you disagree and you think it does make sense, then you are welcome to explain how holding a big stash of bitcoins can help you control it. Further, you likely also need to explain how Bitcoin is "a threat to a lot of business industries worldwide". It is only a payment tool as well as a competitor to fiat, and while it may in fact pose a threat to a government monopoly on money printing, I don't really see how it can be a threat to real businesses apart from the banking industry. And even in the case of banks, things are not all black and white here
full member
Activity: 574
Merit: 100
some companies still store their assets in bitcoin they still have the belief that this bitcoin can be very expensive and can be very rare because the total supply of bitcoin is very limited will make the price of bitcoin can be very expensive someday.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
You basically say that there is some dude saying about Putin considering buying Bitcoin reserves and you believe that has been happening for years now. Now you say that you don't believe anything, okay then. So how am I to interpret your words really? You still believe or has already disbelieved that? And what did you believe precisely? It looks like you mean that Putin has been considering buying bitcoins, which is a strange thing to believe in (that was my point)

Anyway, how much can you buy OTC? Obviously, not much and that makes the whole business pretty much pointless. Apart from that, there would be a lot of noise if a lot of coins started moving around, which doesn't seem the case either

By "I believe this has been happening for years now" I meant institutions as a whole, not exactly the Putin case which is just the rumor I cited. I believe institutions and triple letter agencies own stacks of Bitcoin even if to experiment with it and know how utxo's work and whatnot. They need to own and move around Bitcoin and understand the wallets if they want to do chain analysis. Then there's the whole reserve asset part which I believe they are intelligent enough to know that it's worth holding some

I'm not sure if that would count as "use"

For example, if you are a nation state and have a few frenemies out there, you would be interested in obtaining their weapons to study them and develop defenses against them. On the other hand, if you are of those frenemies, you would do anything to prevent that from happening, and consider it as a bad thing overall if that actually happens. Personally, I have no doubt that the alphabet agencies you refer to have enough bitcoins, but we'd be better off if they didn't. Obviously, that has nothing to do with businesses investing in Bitcoin and Putin allegedly thinking about buying a stash of bitcoins

I don't know how liquid the OTC market is. There's art that sells for billions, so they could exchange some of that for BTC, there's many ways to go about it OTC and nothing is registered, the guys at the top of the pyramid don't play by the rules

Blockchain "rules" are not the ones they can easily break
sr. member
Activity: 1344
Merit: 253
I would never be surprised if Institutions HODL big amount of Bitcoins. As a wise man once said, "If you can't ruin/break it, then control it". Well, If institutions will not at least manipulate and HODL Bitcoins it would cost them much as well.
We can see that Bitcoin is a threat to a lot of business industries worldwide and every institution are alarmed about this.  I think they are probably HODLS a big amount and bitcoin to control it at least.
with its decentralization, where demand and supply have the most influence on price movements, it is very possible for large companies to take a role by holding large amounts of bitcoin, and I agree with your thoughts, it is done so that it can control the movement of bitcoin. so as not to be toyed with by other people
full member
Activity: 1750
Merit: 118
I would never be surprised if Institutions HODL big amount of Bitcoins. As a wise man once said, "If you can't ruin/break it, then control it". Well, If institutions will not at least manipulate and HODL Bitcoins it would cost them much as well.
We can see that Bitcoin is a threat to a lot of business industries worldwide and every institution are alarmed about this.  I think they are probably HODLS a big amount and bitcoin to control it at least.

Quote
As a wise man once said, "If you can't ruin/break it, then control it"

that quote is the same as  " if you cant beat them  , joined them "  . we all know that there are some institutions who hate bitcoin too much  .  since they they know that they cannot win thier battle against us because bitcoin lovers are more compared to haters  . they then decided to buy and join the party .

Quote
Well, If institutions will not at least manipulate and HODL Bitcoins it would cost them much as well.

how ?  i mean i dont think so  .  if they wont buy bitcoin , the value can drop more . that simply means that can afford them easily .

Quote
We can see that Bitcoin is a threat to a lot of business industries worldwide

this is not true but this is most of the people think including those institutions  .
full member
Activity: 938
Merit: 105
I would never be surprised if Institutions HODL big amount of Bitcoins. As a wise man once said, "If you can't ruin/break it, then control it". Well, If institutions will not at least manipulate and HODL Bitcoins it would cost them much as well.
We can see that Bitcoin is a threat to a lot of business industries worldwide and every institution are alarmed about this.  I think they are probably HODLS a big amount and bitcoin to control it at least.
legendary
Activity: 1372
Merit: 1252
There are rumors of some russian politician saying that Putin is considering buying Bitcoin reserves. I believe this has been happening for years now. While they FUD the are buying OTC bigly. Approving Futures was a way to manipulate the price downwards and keep the price down. Once they've shrunk the OTC market, they will pump it to ATH, and keep repeating the cycle as they accumulate. They understand they cannot kill Bitcoin, only become bigger players

It was not a politician

It was some random Russian economist saying something to that tune and then many Western media outlets were quick to pick up the "news". I don't know about Putin considering buying a few bitcoins now and then, but if this "plan" was actually enacted even for 1/100th of the amount rumored, prices would have already skyrocketed. In fact, I'm quite surprised that many distinguished and high-merited posters here seem to actually believe in this rumor. By that I don't mean idle talks and empty theorizing, of course, but rather taking this nonsense seriously

I didn't say I believed anything, I said there were some rumors. In any case they would buy OTC so it wouldn't have a direct impact on the market anyway. Of course they wouldn't go balls deep OTC, just small accumulation over time, otherwise they would dry the OTC market. Intelligence agencies aren't stupid, Bitcoin is on their radar

Uh, so what's the meaning then?

You basically say that there is some dude saying about Putin considering buying Bitcoin reserves and you believe that has been happening for years now. Now you say that you don't believe anything, okay then. So how am I to interpret your words really? You still believe or has already disbelieved that? And what did you believe precisely? It looks like you mean that Putin has been considering buying bitcoins, which is a strange thing to believe in (that was my point)

Anyway, how much can you buy OTC? Obviously, not much and that makes the whole business pretty much pointless. Apart from that, there would be a lot of noise if a lot of coins started moving around, which doesn't seem the case either

By "I believe this has been happening for years now" I meant institutions as a whole, not exactly the Putin case which is just the rumor I cited. I believe institutions and triple letter agencies own stacks of Bitcoin even if to experiment with it and know how utxo's work and whatnot. They need to own and move around Bitcoin and understand the wallets if they want to do chain analysis. Then there's the whole reserve asset part which I believe they are intelligent enough to know that it's worth holding some.

I don't know how liquid the OTC market is. There's art that sells for billions, so they could exchange some of that for BTC, there's many ways to go about it OTC and nothing is registered, the guys at the top of the pyramid don't play by the rules.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
There are rumors of some russian politician saying that Putin is considering buying Bitcoin reserves. I believe this has been happening for years now. While they FUD the are buying OTC bigly. Approving Futures was a way to manipulate the price downwards and keep the price down. Once they've shrunk the OTC market, they will pump it to ATH, and keep repeating the cycle as they accumulate. They understand they cannot kill Bitcoin, only become bigger players

It was not a politician

It was some random Russian economist saying something to that tune and then many Western media outlets were quick to pick up the "news". I don't know about Putin considering buying a few bitcoins now and then, but if this "plan" was actually enacted even for 1/100th of the amount rumored, prices would have already skyrocketed. In fact, I'm quite surprised that many distinguished and high-merited posters here seem to actually believe in this rumor. By that I don't mean idle talks and empty theorizing, of course, but rather taking this nonsense seriously

I didn't say I believed anything, I said there were some rumors. In any case they would buy OTC so it wouldn't have a direct impact on the market anyway. Of course they wouldn't go balls deep OTC, just small accumulation over time, otherwise they would dry the OTC market. Intelligence agencies aren't stupid, Bitcoin is on their radar

Uh, so what's the meaning then?

You basically say that there is some dude saying about Putin considering buying Bitcoin reserves and you believe that has been happening for years now. Now you say that you don't believe anything, okay then. So how am I to interpret your words really? You still believe or has already disbelieved that? And what did you believe precisely? It looks like you mean that Putin has been considering buying bitcoins, which is a strange thing to believe in (that was my point)

Anyway, how much can you buy OTC? Obviously, not much and that makes the whole business pretty much pointless. Apart from that, there would be a lot of noise if a lot of coins started moving around, which doesn't seem the case either
legendary
Activity: 1372
Merit: 1252
There are rumors of some russian politician saying that Putin is considering buying Bitcoin reserves. I believe this has been happening for years now. While they FUD the are buying OTC bigly. Approving Futures was a way to manipulate the price downwards and keep the price down. Once they've shrunk the OTC market, they will pump it to ATH, and keep repeating the cycle as they accumulate. They understand they cannot kill Bitcoin, only become bigger players

It was not a politician

It was some random Russian economist saying something to that tune and then many Western media outlets were quick to pick up the "news". I don't know about Putin considering buying a few bitcoins now and then, but if this "plan" was actually enacted even for 1/100th of the amount rumored, prices would have already skyrocketed. In fact, I'm quite surprised that many distinguished and high-merited posters here seem to actually believe in this rumor. By that I don't mean idle talks and empty theorizing, of course, but rather taking this nonsense seriously

I didn't say I believed anything, I said there were some rumors. In any case they would buy OTC so it wouldn't have a direct impact on the market anyway. Of course they wouldn't go balls deep OTC, just small accumulation over time, otherwise they would dry the OTC market. Intelligence agencies aren't stupid, Bitcoin is on their radar.

member
Activity: 616
Merit: 11
Institutions have purchased bitcoin either for speculative gains or for protection against randomware attacks. Some data is simply too valuable to lose at any cost. Although now they should get monero as well just in case
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
It was not a politician

It was some random Russian economist saying something to that tune and then many Western media outlets were quick to pick up the "news". I don't know about Putin considering buying a few bitcoins now and then, but if this "plan" was actually enacted even for 1/100th of the amount rumored, prices would have already skyrocketed. In fact, I'm quite surprised that many distinguished and high-merited posters here seem to actually believe in this rumor. By that I don't mean idle theorizing and talks, of course, but rather taking this nonsense seriously

I never believed that the news was accurate, and I never even comment such news. It is unlikely that a government would announced such news and thus actually working against of their own interests to buy cheap. In fact crypto market is show no reaction on such news clearly showing what is thinking about the truthfulness of such news.

I do not know if Putin buying some BTC for himself, but it is not unrealistic that Russia is buying some coins same as some other countries. But if they doing that it is not something we can read in news, there are ways to do this in secret and without major market distortions.
legendary
Activity: 1596
Merit: 1034
I'm not sure. But, if we see it from its own technology, bitcoin has been talked about a lot by various companies and chances are they have collected bitcoin secretly to be used in the future when bitcoin really has been used freely throughout the world.
hero member
Activity: 3052
Merit: 651
Why do you think the price is still holding into thousands of dollars?!

Ain't that already a good reason to say that somewhere out there large companies are still holding a large amount of it?
Though we know there are also individuals who are still in tight grip with their bitcoin, there are also some who are still accumulating up until now.
Just yesterday one story was told here about earning 1 bitcoin for months I think.

It is not fading away. You are only looking at the price. If you look at how it crawls into being known then you might see a different perspective. Try it.
jr. member
Activity: 448
Merit: 2
Think better
There are rumors spreading already that some of the big company are holding some Bitcoin on themselves and i believe it. While I think that they want to level the power of whales who can manipulate the price. I think it's their time accumulating more Bitcoin than usual since they saw what was happening in 2017.
I agree that there are large companies that hold large amounts of bitcon. I think that with future bitcoin investment, there will be greater profits if the price of bitcoin rises again
sr. member
Activity: 2506
Merit: 368
There are rumors spreading already that some of the big company are holding some Bitcoin on themselves and i believe it. While I think that they want to level the power of whales who can manipulate the price. I think it's their time accumulating more Bitcoin than usual since they saw what was happening in 2017.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
They may be, knowing how crazy the last 2017 run was, they know that the money is still present in bitcoin but they just don't know when to invest, and so they might be starting to buy now. Who knows, no one will ever admit that they are invested or associated with bitcoin, and so there are never any reports of big institutions claiming that they hold and store bitcoins. Some might be gearing up already if bitcoin gets big, and for sure everyone wants to be the first in line and the one with the most influence, though we'll never know.
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