there is so many announcements about instutuional investment in btc but question

Rodeo02

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Quote from: cryptoboss2020 on December 10, 2020, 02:43:15 PM

how do we know they dont lia to us?

right now there are a lot news like big funds of the investment in bitcoin ? but how we know that actually they do this and the ammount they say they actually really do invest? its like i can open comapany and announce i bought 500mil of btc or what ever i ...but nodbody dont ask me to proof right?
are those announcements and news are genuine? or just a fictions?
despite all those good announcements and news the btc price still not moves up a lot still low volume:(

Let me guess, I think they already bought that amount way before they make an announcement that they bought it
they just announced it right now to create a FOMO that can help to attract new investors enough to have demand to increase the price of BTC .
How will you know if it's true ? there is no way, unless they give their address publicly so everyone can check how much they bought BTC.

Wysi

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Things work bit differently over here, I am sure institutions don't buy through exchange as they rather go OTC but it's the hype about their investment which pushes more mid level and average players to cashing in due to FOMO.

There is one more angle to look into it, I am sure not all the institutions or whales use one single address for investment, I feel they cash in when we least expect it and keep it as secret and the investment phase would be gradual in order to raise the value of Bitcoin gradually which pushes for more investment from normal user than a sudden pump. We are just seeing what they want us to see and belive they have their own secret strategy to keep us puzzled.

cryptoboss2020

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Quote from: TheGreatPython on December 14, 2020, 05:45:21 AM

They are always open and it’s not something that they are being secret about. And when they buy it you can see it on the explorer, I believe the media seek for proof before they start spreading such news (although I’m referring to trusted news websites that do their research first).

So, all those institutions you’re hearing about did invest in Bitcoin, but things doesn’t work as you think, the price won’t just be pumping like crazy because Greyscale or any of them invested in it. And by the way, I think if they didn’t invest the huge money we wouldn’t have reached the new ATH price.

They bought by OTC not with Usdt or USDC.
I think so, so If they bought trhough OTC Why the price went up?

TheGreatPython

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They are always open and it’s not something that they are being secret about. And when they buy it you can see it on the explorer, I believe the media seek for proof before they start spreading such news (although I’m referring to trusted news websites that do their research first).

So, all those institutions you’re hearing about did invest in Bitcoin, but things doesn’t work as you think, the price won’t just be pumping like crazy because Greyscale or any of them invested in it. And by the way, I think if they didn’t invest the huge money we wouldn’t have reached the new ATH price.

Coinsfera

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Of course, the investments are audited. It is out of the question to be wrong. Otherwise, they will be manipulating the whole ecosystem, and that is certainly a big crime. Also, even if it is not about Bitcoin, we cannot under any circumstances be able to prove with certainty which company invested in what and how.

ipanks

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Quote from: cryptoboss2020 on December 10, 2020, 02:43:15 PM

how do we know they dont lia to us?

right now there are a lot news like big funds of the investment in bitcoin ? but how we know that actually they do this and the ammount they say they actually really do invest? its like i can open comapany and announce i bought 500mil of btc or what ever i ...but nodbody dont ask me to proof right?
are those announcements and news are genuine? or just a fictions?
despite all those good announcements and news the btc price still not moves up a lot still low volume:(

We don't know unless they tell us their wallet address and we can check it by ourselves. I don't think they will give the proof to the public since that is their secret. We could hope that they don't lie to us and they really interest in bitcoin. If that so, it could make the price moves up, and even if there is a correction, the price will be back to the high price. But we don't have to believe them if they say it like that because we are hard to know how much money they invest in bitcoin.

Jating

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It's either we believed these kind of statement from company or not. We can't really proved or disapproved. But it's not that important I guess, still a win-win for bitcoin whichever way we look at it.

And the only one that they are going to fool here is not the crypto market, but the company themselves if they chooses to release such fake news in order to make the public believed that they have throw this x amount of millions to bitcoin market.

Fundamentals Of

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Of course we cannot be 100% sure that they really have such number of Bitcoins in their wallets. There is nothing we can do about it. You can do that as well. You may say you have 1,000 Bitcoins but actually only has 1.

But who cares? If they find it satisfying to fool the people about their real Bitcoin portfolio then let them. They are actually fooling themselves more than others. What would they gain in doing that?

And if you really have 1,000 Bitcoins, would you care about what people are saying? Would you care to prove that you really have that huge amount of Bitcoin? For me, I don't. Let them doubt if they want to.

20kevin20

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Quote from: cryptoboss2020 on December 11, 2020, 07:18:09 AM

Ok I guess they really invested it means they just bought btc from private seller.
Without having a influence over btc price

You don't need to purchase all those coins in an incrementally higher-priced bulk order. It could be a DCA that's been done over the past few months/years, an auction or a direct purchase that doesn't require a direct, visible influence over the prices. Purchasing $10M worth of BTC in a bulk order is a stupid idea, because all you'd really do is buying Bitcoin at an expensive price. The other option is to simply become a wall, but that could backfire on you. DCA or private purchase is the way to go for very large orders I guess.

Back when I used exchanges, I used to exchange alts to BTC in repetitive orders (say 0.01BTC/order). That way, I wouldn't become a wall nor did I have to purchase at incrementally higher prices.

cryptoboss2020

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Quote from: 20kevin20 on December 11, 2020, 06:30:22 AM

These are usually considered bullish news, so if there's anyone to profit off them, it's the institutions themselves from the future pump caused by their hype.

Announcing you've invested $50k of your funds in BTC as a company is one thing; announcing that you're investing a significant amount worth millions of dollars in BTC is a big risk no big name is willing to take. Imagine publicly announcing a fictive purchase of $100M worth of BTC and then IRS asking you where that money is being held. Nobody would be stupid enough to do that.

Ok I guess they really invested it means they just bought btc from private seller.
Without having a influence over btc price

20kevin20

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These are usually considered bullish news, so if there's anyone to profit off them, it's the institutions themselves from the future pump caused by their hype.

Announcing you've invested $50k of your funds in BTC as a company is one thing; announcing that you're investing a significant amount worth millions of dollars in BTC is a big risk no big name is willing to take. Imagine publicly announcing a fictive purchase of $100M worth of BTC and then IRS asking you where that money is being held. Nobody would be stupid enough to do that.

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everything is about marketing, these companies want to gain attention, they will not risk lying for days after someone finds out and they have a dirty image. now there seems to be a big competition over which company has insured more bitcoin... it has become good marketing to attract more investors and have more credibility in that market

Quote from: DdmrDdmr on December 11, 2020, 05:26:49 AM

These companies have investors behind

I keep wondering how these investors are dealing with emotions, because they have to have a heart of stone after investing in these companies that their analysts constantly fail to predict bitcoin prices

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Quote from: cryptoboss2020 on December 10, 2020, 02:43:15 PM

<…>

These companies have investors behind, and are subject to recurrent audits, where the purchases are going to be verified. It’s not very likely that they’ll make a public announcement in a terrain that is not tied to their core business, for a few minor headlines here and there, only to come out looking bad against their stakeholders for not being honest about it.

Yaunfitda

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Of course you have to look at what company is making those announcement and jumping into bitcoin. And you have to think what incentives they will get if they lie to the public? They've released quarterly and monthly reports to their investors so sooner or later the smoke will come out.

Just because though that those statement are released means that you are going to and pump the market. Investors are now more intelligent as compare to 2017 bull run, wherein there are a lot of irrational buyers.

Jawhead999

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Quote from: cryptoboss2020 on December 10, 2020, 02:43:15 PM

its like i can open comapany and announce i bought 500mil of btc or what ever i ...but nodbody dont ask me to proof right?

Why you not try it yourself before speculating? I believe you will got contacted tons mail ask about proof and got blackmailed too.

Quote from: cryptoboss2020 on December 10, 2020, 02:43:15 PM

are those announcements and news are genuine? or just a fictions?

Both of them, you can't know it's real if they didn't showing the proof. If it's from big company, pretty sure it's real since the address are known used by them and anyone would ask to verify the owner of that address.

mk4

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Especially if the company isn't public, sure they could lie, but why would they in the first place? Especially if a certain company is big enough in size to have it's name placed in a news headline, lying just for a bit of media publicity is definitely not worth it knowing the potential repercussions.

Walterhank

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Nope, they can't fake that, it is as true as it can get. Their addresses are well-known and these institutions know better than to fool everyone.

Oshosondy

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Quote from: cryptoboss2020 on December 10, 2020, 02:55:04 PM

yes they did so but....... yestedary.....today.....btc not moving much ,volume kinda low still

Institutions has tried and also wishing a price above $20000. If there could be more institutions that can support and make the price increase above $20000, it will be good. The $20000 barrier is a price bitcoin is now facing strong resistance. People are afraid as it is also taking long for bitcoin to cross $20000 and selling bitcoin which is driving the price lower, but at $18000, the price is still good. If bitcoin can be able to increase above $20000, then we will be able to know if bitcoin will rally to $25000 or even more. $21000 support will make bitcoin rally to $25000 or higher.

cryptoboss2020

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Quote from: Oshosondy on December 10, 2020, 02:52:36 PM

I just want you to know that it is not a fake but completely real. The whales are having addresses that is know to known to people and also claiming they are the ones that make use of the addresses to buy bitcoin which can be traced on blockchain explorer.

Quote from: cryptoboss2020 on December 10, 2020, 02:43:15 PM

despite all those good announcements and news the btc price still not moves up a lot still low volume:(

That means you did not know that these institutions are responsible for the price increase of bitcoin from around $10000 to its all time high. It is clear, obvious and distinct that whales rallied the price to all time high recently.

yes they did so but....... yestedary.....today.....btc not moving much ,volume kinda low still

Oshosondy

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I just want you to know that it is not fake but completely real, the whales are having addresses that is known and also claiming they are the ones that make use of the addresses to buy bitcoin which can be traced on blockchain explorer.

Quote from: cryptoboss2020 on December 10, 2020, 02:43:15 PM

despite all those good announcements and news the btc price still not moves up a lot still low volume:(

That means you did not know that these institutions are responsible for the price increase of bitcoin from around $10000 to its all time high around $19980, they really significantly contributed to the price rally. It is clear, obvious and distinct that whales rallied the price to all time high recently.

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