Topic: Institutions changing Bitcoin forever (Read 466 times)

That's right. I don't care if big players buy bitcoins because of profit but I care most is the status or the flow of bitcoin's rate or price. The tendency is when bitcoin can't be bought by other big investors,there will be a scarcity of bitcoin. So in order not to drop off its price, bitcoin needs investors who are very particular with the price and must be strategic in terms of trading or selling. The institutions aren't really changing bitcoin forever but it's the other way around.

I mostly agree, but I would make a correction: Institutions will change Bitcoins PRICE, not "Bitcoin". Your thread title sounds as if Bitcoin, the protocol itself, is going to be changed by institutions. That would be an attack on the network, and that is what is going on right now with segwit2x, which is nothing but institutions trying to change Bitcoin, Bitcoin itself, which is why we must beat segwit2x, then we will aim for $100k easy.

Anyone who listens to McAfee talking about Bitcoin and cryptocurrencies, and actually believes his word, is a fool. Having said that, the fear of having powerful people or institutions take over Bitcoin has been present for a long time, same goes for governments and centrals bank that, sooner or later, will try to manipulate the crypto markets for their own sake because they know BTC represents a real threat for the rich.

Hopefully, if something were to happen, the community will stand its ground and fight back.

For me a bird in the hand is worth two in the bush. It's like a game, high risk, high reward possibility, some people are able to take the risk and others aren't.
To turn $1900 to $7000-$8000 would be already a nice achievement for me. Anyway I wouldn't sell all my BTCs at once, but progressively... And maybe buying some too when a nice opportunity appears.


Yes, we must be aware about the chance of BTC fail too... Even if it's low. And I think we shouldn't be greedy, don't worry if you sold your coins today and tomorrow the price skyrocket, you should feel proud of yourself as you made some profit and a new opportunity can appear again in the future, related to Bitcoin or not. We can't imagine what opportunities will appear for us in the future as some years ago we didn't even dream about Bitcoins and here we are now.

That's right. Here works the law of jungle: a stronger one eats a weak one. In the future bitcoin will be in hands of the biggest investors and only few percent will stay in hands of ordinary investors just like we. I am plan to hold 1/2 of all my earnings to be one of them.

I did not understand the warning? If I hold Bitcoin today and the price will rise further then I can purchase more for it and that is good. If I am convinced that the value will rise further then I will not try to secure my previous 2 year gains.

Maybe you want to warn us that rich institutions will take over the control of Bitcoin and then delete it? In this case I am not concerned at all as there are a lot of other crypto currencies abvailable. 

I fully agree with your strategy. Of course every time I'm sorry I sold your coins cheaper, but I always calm. I'm not afraid of tomorrow, bitcoin will not be worth anything. I have already earned and now enjoy the peace of mind. I even laugh when people every time you write posts about the predictions of bitcoin prices. How much will it cost so much. I with bitcoin because it's my freedom. For me it does not matter how much I earn. I don't care about life enough.

Who would ever look their family in the eyes and tell them they sold all of their bitcoin at $8k when the price is now $500k? A Painful situation to be in. Won't be me. Sure I have paid for some things with bitcoin like debt. But I will not be left on the outside looking in when we were all into Bitcoin before it became mainstream but were just too scared to HODL.

While Bitcoin is well splitted among several hands there aren't problems... But as it becomes more valuable, the interest of powerful people over it increases proportionally. People who want to domine Bitcoin and that is a dangerous situation. If someone is able to hold a real big amount of coins this one can dump the currency or even kill it anytime, making a lot of profit at once and destroying the reputation of the currency forever... For this reason I think it's always wise to cashout out the BTC profit sometimes and not holding everything for a long time period even with nice predictions like 100K-500K in few years.

It seems that you are letting people to do investment and at the same time you are hindering them but you have a big point there as Bitcoin already losses a million because of dead Bitcoin that is not circulating anymore because of many different cases just like a forgetten Bitcoin address, dead owner of Bitcoin, etc. For me it is just a matter of choices if you want to go in and ride the boat in increasing your money and making profit or just sit and relax your head through out the years in watching others gain.

Would you really go on this journey and still sell at the end of it? You'd probably have a far, far more fruitful retirement if you hung on to as much BTC as humanly possible. It's not as if inflation is going to go away to compete with Bitcoin.

Don't put a lot of opinions that already created by others seriously. The fact that the bitcoin still not worth even more than $10k
If we are talking about the bitcoin will touch triple digit in the future and it may be reached after the bitcoin will have touched its total supply. And the more people will be coming to adopt the bitcoin to be the payment or investment.

What he tries to say it that now we start to enter the exciting times in terms of s-curve growth and adoption!
And instead of celebrating that you maybe made $250k with your BTC stash, HODL and go for the real big gains!!
But for that you will need strong hands and a clear mind because the big guys will try everything they can to play you for your precious coins!!

Mcaffee is a joke for me but yes i believe that price will hit 100k in near future. Then i will sell all my bitcoins and get retired.
This was a dream until 2017 but now its really going to happen.

I don`t know what exactly are you trying to say with this post.
Big corporations and big players buy bitcoins because they want to make profits.OK,but is this wrong?
Can we forbid them buying bitcoin?Do you predict that 90% of all bitcoins will be possesed by big corporations?We can`t stop them.
I don`t know is this good or bad,but it helps for bitcoin growth.

1. Bitcoin's price while historically high is peanuts for institutions. Bitcoin is 1/8th the price of AAPL (Apple corporation). An 8th the price of one stupid tech stock.... just let that sink in. Bitcoin sustaining a price of $6k is trivial even laughable.
2. Massive wealth has been made in the past 3 years with smart money chasing crypto currency. Big money is insanely jealous of other big money that performs better than they do. They all think they are the smartest people on the planet. Their egos have no bounds.
3. Bitcoin has had clear continuous buying pressure for three years. Why? Because big money is buying everything at every single dip. The dips keep getting smaller and smaller. They are not selling, they are buying and if there is a sell cycle it is only to shake out small money who are so excited to make their $100k.

There are not going to be 21 million coins, millions are lost already. Most people on this forum in two years will not own a single bitcoin because the pressure to sell will be just too high and the price will seem so high that nobody will dare to buy one.

Institutions don't care about price, they care about markets, manipulation, control and dominance. If you don't understand what is happening, then you will get shaken out and be left wondering what the hell happened as you watch all of the rich take control of ALL of the bitcoin.

Bitcoin is going to $100k. Then it will won't stop until it gets to $500k just like McAfee has predicted. Any and all dips are just an effort to strip you of your future wealth as you try and secure your precious 2 year gains.

Don't say you weren't warned.