Ironically, bitcoin is more secure than most countries' own currencies. It's also a genie that is impossible to put back in the bottle. You would have to wipe out all computers utilizing the bitcoin and the entire global network they share to get rid of bitcoin.
Topic: Lack of retail interest indicates increased institutional flow into Bitcoin - page 2. (Read 282 times)
August 20, 2019, 11:10:44 PM
August 20, 2019, 08:57:02 PM
Great article, thanks for linking it.
I'd guess the reason for the lack of retail investments to be due to the last times bull run, where most people only thought BTC could go up and where then burned when it dropped from $20,000 to $5,000 in a month.
Institutional investors are much smarter and will probably understand the risks behind buying cryptocurrencies and will be more prepared then the average joe.
Also, I don't think a lot of institutions invested in ICOs, most of them where regular people. Possibly with crowdfunding dying down, people are less interested in ICO's and cryptos.
I'd like to see some articles outlining why institutions are interested in BTC right now, it could be very interesting to read.
I'd guess the reason for the lack of retail investments to be due to the last times bull run, where most people only thought BTC could go up and where then burned when it dropped from $20,000 to $5,000 in a month.
Institutional investors are much smarter and will probably understand the risks behind buying cryptocurrencies and will be more prepared then the average joe.
Also, I don't think a lot of institutions invested in ICOs, most of them where regular people. Possibly with crowdfunding dying down, people are less interested in ICO's and cryptos.
I'd like to see some articles outlining why institutions are interested in BTC right now, it could be very interesting to read.
August 20, 2019, 03:30:59 PM
a number of reasons could be responsible for that. Personally, I think what actually helped the 2017 retail influx was through the altcoins but this recent pump had not the ALTs respond so I wouldn't be surprised. The uprise was in a way related to the fact that many enthusiasts were dumping their alts for Bitcoin. Anyways we're still way up checking from year to date so things still look good in my perspective.
August 20, 2019, 07:56:13 AM
Interesting article here on how retail are still not interested in crypto (compared to 2017), even though price has risen by 320% this year.
https://coinrivet.com/lack-of-retail-interest-indicates-increased-institutional-flow-into-bitcoin/
https://coinrivet.com/lack-of-retail-interest-indicates-increased-institutional-flow-into-bitcoin/
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