Institutional buyers are not backing down. More Pump?

ILuckyGuyI

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Quote from: zanezane on August 06, 2021, 10:45:46 AM

Quote from: jakdanyel on August 05, 2021, 09:52:00 AM

I think that institutional buyers won't be affecting the market directly very much anymore. Because we see that some companies like MicroStrategy have still been buying a great amount of Bitcoin but those news haven't affected Bitcoin price a bit. The market and Bitcoin are getting stronger and stronger as time goes on. And this helps preventing the manipulation at a high rate.

It's just that the current institutional buyers right now aren't pouring in a lot of money in the market so we don't feel their presence too much which is a good thing because the fear index is going to go up when the prices all of a sudden spiked. Plus, more people are now patient enough to not easily sell their bitcoins if there's a small increase.

Actually, I noticed that Bitcoin price wasn't affected much when MicroStrategy bought Bitcoin which was worth around $250k as far as I remember. So, I also think that companies can't have an affect on the market as much as before. But they can help people buy Bitcoin a lot also. We have a Tesla example for that. When they bought $1.5b worth Bitcoin, people and the other companies also started to buy Bitcoin.

Hippocrypto

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Quote from: zanezane on August 06, 2021, 10:45:46 AM

Quote from: jakdanyel on August 05, 2021, 09:52:00 AM

I think that institutional buyers won't be affecting the market directly very much anymore. Because we see that some companies like MicroStrategy have still been buying a great amount of Bitcoin but those news haven't affected Bitcoin price a bit. The market and Bitcoin are getting stronger and stronger as time goes on. And this helps preventing the manipulation at a high rate.

It's just that the current institutional buyers right now aren't pouring in a lot of money in the market so we don't feel their presence too much which is a good thing because the fear index is going to go up when the prices all of a sudden spiked. Plus, more people are now patient enough to not easily sell their bitcoins if there's a small increase.

Technically every person is learning not just by taking their profit too quick, but they're thinking a lot deeper. Their failures became an inspiration for them to pursue every future plans, because selling bitcoins at an early stage was only for losers. When price will spike, don't be panic, just be prepared in case there's a possible unexpected bullrun which whales also played an important role.

fillippone

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Also Glassnode is telling us that whales are accumulating:

https://twitter.com/glassnode/status/1423466066655682562?s=20

I reckon this metric could be a little bit dubious, but of course, everyone has his own agenda and all analysis must be taken into account with a pinch of salt!

zanezane

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Quote from: jakdanyel on August 05, 2021, 09:52:00 AM

I think that institutional buyers won't be affecting the market directly very much anymore. Because we see that some companies like MicroStrategy have still been buying a great amount of Bitcoin but those news haven't affected Bitcoin price a bit. The market and Bitcoin are getting stronger and stronger as time goes on. And this helps preventing the manipulation at a high rate.

It's just that the current institutional buyers right now aren't pouring in a lot of money in the market so we don't feel their presence too much which is a good thing because the fear index is going to go up when the prices all of a sudden spiked. Plus, more people are now patient enough to not easily sell their bitcoins if there's a small increase.

hd49728

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Quote from: Bustart on August 05, 2021, 03:48:50 PM

If there's a massive dip, good opportunity happens for people who still wanted to buy at cheaper price but not that significant because right now it's impossible to have btc at below $35k. Lately price saturates at below $40k and only stayed at above $37k while green signals was potentially creating strong influence towards different interested buyers.

Massive dips in May and June are great times for long term hodlers to accumulate but at the same time, amateur investors or traders were fearful. If you think that the bull market has yet topped up, and believe it will continue with new all time highs, why did you reject opportunities to buy cheap Bitcoin with dips?

Willy Woo revealed that fact of accumulations from HODLERs. Source

Quote

Just a matter of patience and time before $42k breaks.

Strong HODLers, the Rick Astleys of this world, have been taking this opportunity to scoop large amounts of coinage while we're under the resistance ceiling.

bbc.reporter

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Quote from: Lucius on August 05, 2021, 05:53:26 AM

Quote from: bbc.reporter on August 04, 2021, 10:59:01 PM

I speculate another one of bitcoin’s largest pumps is coming. Considering Jaime Dimon’s public remarks on bitcoin and this contradiction in his actions, it appears that he had JPMorgan spend its internal resources to know what their clients want. The decision was not done without clear planning.

You seem to have changed your mind, because for months you have been saying that we have to prepare for the worst

Besides, when Jaime Dimon is mentioned so much in a negative context these days, don't you and others know that he had a negative opinion about Bitcoin for only a few months - and that he publicly apologized for saying that Bitcoin is a fraud.

I don't see how you connect this news with the new pump - because JPM has been extremely bullish around BTC for a very long time - JPMorgan says bitcoin could rise to $146,000 long term as it competes with gold.

Offering a service to customers is one thing, and it is quite another whether customers will use it - everyone who has listened to their advice has had enough time and ways to already invest in Bitcoin.

What I was telling all the larpers was to be realists and be prepapred because we do not know when the bears might begin to pounce. However, I was also telling everyone to also be be realists and always use logic when much of the forum was beginning to be bearish during the dump.

https://bitcointalksearch.org/topic/bitcoin-might-not-officially-be-on-a-bear-market-5332856

Bustart

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Quote from: Pokapoka124 on April 12, 2021, 07:22:17 AM

~snip~

Institutional investors are getting more interested in bitcoin. This move by MicroStrategy is a big step. Will other companies follow this path? How would employees react to this? Since btc is volatile and can dump at any minute. I can understand if they are excited about it now as Bitcoin is bullish but what happens when there is a massive dip? Love your hear thoughts on this none

If there's a massive dip, good opportunity happens for people who still wanted to buy at cheaper price but not that significant because right now it's impossible to have btc at below $35k. Lately price saturates at below $40k and only stayed at above $37k while green signals was potentially creating strong influence towards different interested buyers.

milewilda

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Quote from: jakdanyel on August 05, 2021, 09:52:00 AM

I think that institutional buyers won't be affecting the market directly very much anymore. Because we see that some companies like MicroStrategy have still been buying a great amount of Bitcoin but those news haven't affected Bitcoin price a bit. The market and Bitcoin are getting stronger and stronger as time goes on. And this helps preventing the manipulation at a high rate.

There are some who do boast out on buying coins but for sure there are companies or investors that havent said a word but they do accumulate silently behind and same
goes when they are selling too which it is really hard to tell on what are the actions been doing since this market cant really be traced up on whose buying and selling
behind but we can make up some presumptions that they neither be part or not on said situation. Lets just wait on what would happen in next months or years
to come.As an investor or trader then you should know at least on what you are doing.

jakdanyel

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kycfree

I think that institutional buyers won't be affecting the market directly very much anymore. Because we see that some companies like MicroStrategy have still been buying a great amount of Bitcoin but those news haven't affected Bitcoin price a bit. The market and Bitcoin are getting stronger and stronger as time goes on. And this helps preventing the manipulation at a high rate.

rahmatrf331

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Quote from: hd49728 on April 12, 2021, 09:35:55 PM

Follow the institutional investments and their public records on https://bitcointreasuries.org/

If you are lazy to follow it, you can watch that topic and get updates by the topic author: Bitcoin Treasuries. @fillippone has big interest in economics and institutional investments. He keeps his topics updated very regularly.

I have read and followed the public records, the information is very accurate. looks like bitcoin will be a very strong pump going forward. There are so many institutional investments that adopt bitcoin, including:
MicroStrategy from America as much as 105,085 bitcoins, it looks like the whale is pounding its tail fin.

Botnake

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Quote from: ?? on ??

I think institutional buyers (and possibly central banks) are buying Dogecoin Grin

No, not gonna happen, only Elon buys Dogecoin. lol...

If the Central bank will buy crypto, we would know as they will make it public, it's our right to know, but since they did not announce it yet, then let us not assume that they will buy bitcoin.

Institutional buyers that we are referring to here are private businesses or institutions, the central bank is own by the state, so it's public.

Lucius

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Quote from: bbc.reporter on August 04, 2021, 10:59:01 PM

I speculate another one of bitcoin’s largest pumps is coming. Considering Jaime Dimon’s public remarks on bitcoin and this contradiction in his actions, it appears that he had JPMorgan spend its internal resources to know what their clients want. The decision was not done without clear planning.

You seem to have changed your mind, because for months you have been saying that we have to prepare for the worst

Besides, when Jaime Dimon is mentioned so much in a negative context these days, don't you and others know that he had a negative opinion about Bitcoin for only a few months - and that he publicly apologized for saying that Bitcoin is a fraud.

I don't see how you connect this news with the new pump - because JPM has been extremely bullish around BTC for a very long time - JPMorgan says bitcoin could rise to $146,000 long term as it competes with gold.

Offering a service to customers is one thing, and it is quite another whether customers will use it - everyone who has listened to their advice has had enough time and ways to already invest in Bitcoin.

buwaytress

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Quote from: Kemarit on August 04, 2021, 11:24:50 PM

And just like that, the price pumps to $42,000, but not sure if the pump comes form institutional buyers.

But we all know that this whales, with their deep pockets will really take advantage of every dip to fatten their clients wallets or for themselves, so don't be surprised if we will hear reports again that they've started to buy again that will push the price to at least $50,000 this month.

The final loop around STT mentioned looks like is happening right now then. And as I thought, we should enter Friday with fresh impetus from the bulls for yet another weekend swing up.

Not sure we won't be heading back down below 40k again after though, still titchy all over the place... But it could also be some variable from attention all on Ethereum since yesterday with that London conference and fork sure to draw some speculator strength from Bitcoin.

I hope to hear more FUD than good news this week though. Wring the bad press dry, I say.

Kemarit

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Quote from: STT on July 25, 2021, 05:48:53 PM

Appears impressive momentum recently and it could develop a trend upwards but not on a weekend so much, volume isnt strong enough. I think we need to do another loop for more momentum. I'll be watching to see how far we pull back but so far we have not yet arrested the negative momentum and this is still a relief type rally. If we hold 33 and 34k through a couple days of all markets trading it will be a bit more convincing.

And just like that, the price pumps to $42,000, but not sure if the pump comes form institutional buyers.

But we all know that this whales, with their deep pockets will really take advantage of every dip to fatten their clients wallets or for themselves, so don't be surprised if we will hear reports again that they've started to buy again that will push the price to at least $50,000 this month.

hd49728

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Not your keys, not your coins!

Quote from: ?? on ??

This is good news because intuition join and what the MicroStrategy does many institutions will follow it. And I think the employees who know about crypto will say "good idea". What happens if dump massive, i think this is only about the time and the price will recover, so MicroStrategy also must tell their client about this

Not only Micro Strategy, JP Morgan, Tesla but many long term holder entities are accumulating more Bitcoin and they accelerate their accumulating speed.

Let's check this out with on-chain analysis from glassnode.

https://twitter.com/glassnode/status/1423086804043894786

Quote

The proportion of #Bitcoin supply held by LTHs continues to trend higher as coins are held dormant.

Previous bull markets were triggered when LTH supply reached between 63.6% and 71.5% although often after many months at these levels.

LTHs currently hold 66% of the $BTC supply.

Price will move months after this accumulation, is it a big matter? I see it is not a big matter and fortunately, we have signals that price will grow up again.

Taproot activation in November, check it out: https://taproot.watch/

bbc.reporter

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I speculate another one of bitcoin’s largest pumps is coming. Considering Jaime Dimon’s public remarks on bitcoin and this contradiction in his actions, it appears that he had JPMorgan spend its internal resources to know what their clients want. The decision was not done without clear planning.

JPMorgan Chase began pitching its Private Bank clients on an in-house bitcoin (BTC, +3.23%) fund for the first time this week, completing its transformation from the never-bitcoin mega-bank to a genuine player in the digital assets space.

According to two sources familiar with the matter, the passively managed fund, offered in partnership with bitcoin powerhouse NYDIG, doesn’t yet have any investments from clients. That could soon change; advisers were primed only yesterday in a launch call with the bank.

That’s keeping with the party line from the bank’s bitcoin skeptic CEO, Jamie Dimon. Despite his historically vehement disdain for spooky internet money, Dimon has repeatedly said that clients want the stuff, and therefore JPMorgan has a responsibility to deliver it safely.

Source https://www.coindesk.com/jpmorgan-launches-in-house-bitcoin-fund-for-wealthy-clients

STT

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Appears impressive momentum recently and it could develop a trend upwards but not on a weekend so much, volume isnt strong enough. I think we need to do another loop for more momentum. I'll be watching to see how far we pull back but so far we have not yet arrested the negative momentum and this is still a relief type rally. If we hold 33 and 34k through a couple days of all markets trading it will be a bit more convincing.

Baofeng

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Quote from: milewilda on July 23, 2021, 04:50:40 PM

Quote from: ?? on ??

This is good news because intuition join and what the MicroStrategy does many institutions will follow it. And I think the employees who know about crypto will say "good idea". What happens if dump massive, i think this is only about the time and the price will recover, so MicroStrategy also must tell their client about this

Doesnt matter on what company or instutional buyers would engage out in crypto market specially with bitcoin or into some top altcoins.For sure they would really create some good pump but we
know that we do share the same common goal which is to make profit and not really thinking off about totally supporting this decentralized idea.They are totally opposing it as we know
but since with this kind of opportunity on where they could possibly able to hook up some profits and since they are financially capable then its no surprise that they would really
be just minding about that stuff nothingless.

Or more involvement from retails and average jo investors just like the majority of us. Institutions have been here I believed as early as 2017, prior the the break out year we had that time that's why we achieved an all time high. And then it was highlighted again late 2020 and it's still going on till 2021 although the price somewhat minus 50% after a great and super fast bull run we had in the first half of the year.

Of course everyone here is for the profit, regardless of whales, whale streets, institutions and retail investors, that's already a given fact. Just a matter of strategy on how to make money specially for average joe's.

SquallLeonhart

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Quote from: milewilda on July 23, 2021, 04:50:40 PM

Doesnt matter on what company or instutional buyers would engage out in crypto market specially with bitcoin or into some top altcoins.For sure they would really create some good pump but we know that we do share the same common goal which is to make profit and not really thinking off about totally supporting this decentralized idea.They are totally opposing it as we know but since with this kind of opportunity on where they could possibly able to hook up some profits and since they are financially capable then its no surprise that they would really be just minding about that stuff nothingless.

That’s the power of "decentralization", it creates a fair grounds fighting chance for the poor people, if it goes up 10% then it goes up 10% and if it falls then we all lose. In the fiat world when a bank collapses because it made a bad investment they get bailed out while people end up not being able to recover from it, during 2008 crisis all banks got bailed out and they are in bigger profit then ever while a lot of regular people lost their homes to banks, if banks got those houses, then why did banks got a bail out? They both get to keep the houses and also the bail out money whereas poor people ended up homeless without any help.

There is nothing like that in crypto, if we make a profit we make it together and if we lose then we lose it together, it is not against wealthy people, it is just supporting everyone equally so it is actually fair.

Kittygalore

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Quote from: Sithara007 on April 18, 2021, 11:19:12 PM

Institutions can stay invested for a long time, while many of the individual investors can't do that. Whenever a market crash occurs, there is a net inflow of coins from individual investors to institutions. And the media is also spreading a lot of rumors recently, regarding regulations (such as the news about financial institutions getting charged for money laundering through the medium of cryptocurrencies). Such rumors make the individual investors nervous and at least some of them may fall victim to panic selling.

That depends on the individual investor, it's not like everyone have the same risk tolerance, and if they have the money to not cash it out prematurely then they might be able to hodl for as long as they want or at the same time as institutional investors.

Topic: Institutional buyers are not backing down. More Pump? (Read 684 times)