Topic: Why everyone thinks institutions will buy Bitcoins from exchanges? - page 3. (Read 1085 times)
June 27, 2018, 07:36:30 AM
I think there is no advantage for the government to buy bitcoin in large quantities except for the profit from the money being pumped. Buying a large amount of bitcoin does not mean the government can have full rights to bitcoin and even though they do, they will just become anonymous.
June 27, 2018, 07:20:47 AM
More then 95% are bought as a speculative investment, and for tradings 
. Not many use it as a payment. When price of bitcoin will be under cost of production in China for 1-2 years, that is for me a cleaning process. When mining facilities will collapse under their own weight.
. Not many use it as a payment. When price of bitcoin will be under cost of production in China for 1-2 years, that is for me a cleaning process. When mining facilities will collapse under their own weight. June 27, 2018, 07:09:10 AM
Did you ever put your brain to think about these possibilities you mentioned?
Why the institutions will go for risky way while they can easily buy bitcoins from renewed exchanges.
So you think peoples who buys bitcoin from exchanges are only traders!
Why the institutions will go for risky way while they can easily buy bitcoins from renewed exchanges.
So you think peoples who buys bitcoin from exchanges are only traders!
June 27, 2018, 07:04:29 AM
I think most of big influencers in the crypto world, pushing regular people into thinking there will be a massive investments from big institutions over world.
I use to think with my own brain.
So, therefore, i see very big troubles ahead for normal people that think, watch, quote those influencers.
I just don't see how major institutions will rush to coinbase and make accounts and expecting to buy from there.
I give you 3 sources where they can buy, none of them involve exchanges and therefore, prices will be unaffected in first sentence.
1) They will buy in a hidden way from whales large amounts of bitcoins with a package cost.
2) They buy from confiscated coins from authorities that have from financial seizure
3) From companies that work through off-shore , especially from gov's hidden companies where the stolen bitcoins will go as a money laundering
So, i am expecting price to go way more down in next 2 years. And guess what can happen when those institutions will sell their assets!
Yes, some small institutions might get their bitcoins in transparent way from exchanges.
So, the question is: how much you guys trust this technology?
Would you use it at 50$ / bitcoin? Would you used after you bought at 20k and hold it, if bitcoin would worth 50$? To my vision, i can use this technology at any price. But for major adoption we need a coin that not have a fluctuation more then 1% / year not per hour.
What's your vision about future? How much trust you are willing to give for blockchain technology?
I use to think with my own brain.
So, therefore, i see very big troubles ahead for normal people that think, watch, quote those influencers.
I just don't see how major institutions will rush to coinbase and make accounts and expecting to buy from there.
I give you 3 sources where they can buy, none of them involve exchanges and therefore, prices will be unaffected in first sentence.
1) They will buy in a hidden way from whales large amounts of bitcoins with a package cost.
2) They buy from confiscated coins from authorities that have from financial seizure
3) From companies that work through off-shore , especially from gov's hidden companies where the stolen bitcoins will go as a money laundering
So, i am expecting price to go way more down in next 2 years. And guess what can happen when those institutions will sell their assets!
Yes, some small institutions might get their bitcoins in transparent way from exchanges.
So, the question is: how much you guys trust this technology?
Would you use it at 50$ / bitcoin? Would you used after you bought at 20k and hold it, if bitcoin would worth 50$? To my vision, i can use this technology at any price. But for major adoption we need a coin that not have a fluctuation more then 1% / year not per hour.
What's your vision about future? How much trust you are willing to give for blockchain technology?
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