Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
RejectedBanana
on 05/12/2018, 16:58:22 UTC
Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.

https://twitter.com/DoveyWan/status/1068573163670261760

In short: institutionals are shell-shocked and bewildered.
My take home message from this particular tweetstorm: small size institutional money will not participate from now on.

TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.

Key takeaway for Institutions, Bitmain, Forkers, etc:

Bitcoin cannot be owned. Bitcoin will own you before you own Bitcoin.

I'm referring to Bitcoin with a capital B. The protocol and network. Not bitcoin the currency. Of course you own your private keys.