A couple good articles...
This one's an interview with a crypto trading manager who says she hasn't seen big institutions get involved yet...
https://www.forbes.com/sites/jeffkauflin/2019/08/01/why-we-need-new-legislation-for-cryptocurrencies-qa-with-institutional-trading-firm-ceo-jennifer-campbell/#26d7b22ab905Forbes: Many people I’ve spoken with recently have said institutional investors are starting to come into the market more quickly. You don’t necessarily think that’s the case?
Campbell: They’re definitely coming in more than 2018. There are more traditional folks like smaller hedge funds that have come into the market. We’ve had more conversations with the large institutions, but none of the top five institutions are actually trading today.
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This one's about more FUD from centralized institutions, this time in the UK...
https://www.forbes.com/sites/billybambrough/2019/08/01/bitcoin-has-no-intrinsic-value-as-uk-moves-towards-crypto-ban/#5617b0ad2d27I guess it's hard to steer a boat when it has centuries worth of inertia. They'll come around eventually of course but I don't think it's going to be a particularly smooth ride for us.
I particularly like this quote:
"Although not a ban, [the U.K.'s FCA warning is] a move in that direction," said Herbert Sim, head of business development from Broctagon Fintech Group. "This lack of enthusiasm is shared by several countries; the U.S. with its scrutiny of libra, and India, who are looking to implement a similar ban on cryptocurrencies which are not state regulated. These movements could end up coming back to bite. The international competition on cryptocurrencies is heating up and there are huge risks in being left behind."
How certain would it be that regular people are going to know whether BIG institutions, whether the top 5 or otherwise are actually getting in? Maybe there will be some public statements at some point (after they have largely already gotten in?)?
I actually believe, too, that there are not too many BIG institutions in bitcoin, yet, because if there were BIG institutions or governments in bitcoin, we would likely see even more drying up of whatever liquidity currently exists across the bitcoin acquisition places of bitcoinlandia.