Topic: Is Wall Street really interested in Bitcoin? - page 4. (Read 11681 times)
They should be just like any other person in this planet. Bitcoin keeps proving that there is something in bitcoin that is really high value. And I think it is not just wall street who is interested in bitcoin, but also corporations. That is why other companies already started accepting bitcoin as payments.
I doubt this is good news. Them holding a ton of bitcoins isnt necessarily good. Imagine the amount of manipulation they can achieve with such a huge amount of bitcoins.
If all are related to money and business wall street will be there and regarding stock exchange if they can profit they will be on the move for that and pertaining to wall street are The seven largest Wall Street firms in the 2000s were Bear Stearns, JPMorgan Chase, Citigroup Incorporated, Goldman Sachs, Morgan Stanley, Merrill Lynch, and Lehman Brothers, Until, In 2008, Lehman filed for bankruptcy, So a possibility that Bitcoin will be one of a thing if not common an asset that can never be gone with people that want to invest with.
Wall street cares about bitcoin so do institutional investors. All these money entering coinmarket per day is coming from individual investors? I know you understand it just can't be individual investors, institutions must be secretly buying bitcoin, whichever way, let's guide ourselves never to loss hold of the fraction or whole that we have. I believe this market gain is going to continue upward.
Yes, of course, Wall Street cares with anything that can produce them the profits they want. With stocks now not doing fantastic, many fund managers are shifting or at least including cryptocurrency into their portfolio not just because they want to but also because their client base is asking for it. I am sure that soon this inflow of institutional money can be fully felt and can help push bitcoin to new grounds. This is hot money...they come in when things are going rosy and they can get out fast when things are not doing well. In other words, they can help push upwards but when things are getting tough they can dump fast.
Wall street cares about bitcoin so do institutional investors. All these money entering coinmarket per day is coming from individual investors? I know you understand it just can't be individual investors, institutions must be secretly buying bitcoin, whichever way, let's guide ourselves never to loss hold of the fraction or whole that we have. I believe this market gain is going to continue upward.
regardless of fomo or not, in fact.... i am check in local market, BTC conditions related stabil and or up though slowly.
i think local investor (in my country) trying to check conditions about BTC by invested at least hundreds dollars.
And my analitic, BTC will go up although not like 2017.
i think local investor (in my country) trying to check conditions about BTC by invested at least hundreds dollars.
And my analitic, BTC will go up although not like 2017.
Hi everyone, according to some of the information I read today, there is an article titled: GRAYSCALE GOBBLING UP 21% OF NEWLY MINED BTC.
In this article, there are some very compelling evidence such as
You can read the full article at: https://bitcoinist.com/bitcoin-institutional-grayscale-buying-supply/
What I wonder here, is whether or not investors really care about bitcoin, or is this just one of the ways to push Bitcoin prices in the short term?
In this article, there are some very compelling evidence such as
Quote
According to a Wednesday (May 29, 2019) tweet from Bitcoin analyst Rhythm, Grayscale bought more than 11,000 BTC in April 2019. With 54,000 BTC being mined per month, the largest cryptocurrency asset manager is buying up about 21 percent of the Bitcoin monthly supply.
What I wonder here, is whether or not investors really care about bitcoin, or is this just one of the ways to push Bitcoin prices in the short term?
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