Topic: What happens after big institutional money (Read 70 times)

I mean anyone who allocates capital - substantial amounts of capital. e.g. CFOs of large companies, fund managers and family offices of decent size.

By the time big players have built their stakes, there will be a much higher fiat price and eventually more stability.  Another order of magnitude or two (or more) is easily possible.  An ETF in addition to mutual fund investments will drive a lot. I presume that is what you were meaning with regard to "investment funds and capital managers."  Given the very small interest from US corporations so far, once more get involved (Mass Mutual, Tesla, MSTR being very early) demand will continue to soar.  And then there are corporations in the EU, Asia, South/Central America, Africa etc.  Corporate adoption like the ones I mentioned above is extremely low, perhaps akin to 2010 or so.  MSTR is Hal.  Tesla is Laszlo.   Perhaps the MSTR presentation in early Feb 2021 (https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit ) is like the July 2010 Slashdot article which exposed bitcoin to a much large technical audience.   

Inflation protection for everyone may become important given the huge amount of stimulus over the last 10-12 years, let along just the last 12 months.

sticking with the bitcoin devs philosophy of treating bitcoin as the reserve and LN as the cash

its the same shift of gold to bank note in the 1970
when things like greyscale(mainLN hub owners) hoard and accumulate all the vaulted up bitcoin, low-level users will just be playing with milli-sat tokens on the LN network

i can see users not able to/dissuaded from exit back to bitcoin to then sell. but instead spend within LN or be persuaded to exit via litecoin as their method back to fiat.(cheaper exit fees)

(put gold into a bank. be giving bank token. and if you want to leave given a bank cheque to hand to next bank)
(never seeing the real gold again)

while bitcoin then gets put into greyscale's cold wallet.
less actual coin will be on exchanges, this will:
drive the price to increase, the demand increases, which lessons the supply, which drives the price.. repeat.

only issue i see is people will be quick to realise they can get into LN via litecoin far cheaper(onchain fee) and will start to just accumulate litecoin. for the low-level user. and where LN is the bank account. gold(btc) becomes the 'reserve'.. coins/notes(ltc/altcoin) become the citizen playstuff

they will realise it makes no difference between buying 1btc or 273 ltc because when moving into LN they end up with the same amount of spending value to buy the exact same amount of goods and services. so ltc will become the common currency to get in and out of LN

just like people realise its easier to get a banknote/cheque for same value of a nugget. but without having to get the nugget. and so people dont trade in gold

So, BTC price is a question of supply and demand - with a pinch of salt regarding the large amounts stored with little movement. Bitcoin has been building it´s credibility, first with small highly convinced people, then some mouth to mouth, then with help of some internet blogs, this forum, etc... and now is getting the attention of the huge investment funds and capital managers.

What next? What would drive the demand once the big players build their stakes?