Quote from: thehun on June 20, 2019, 11:38:36 AM

Quote from: Leh-Meh on June 19, 2019, 08:01:05 PM

Quote from: Kakmakr on December 07, 2017, 06:43:06 AM

The debate is still on-going if large investments from institutional firms, would be good or bad for Bitcoin in the long run. Some are saying it will bring more volatility and others are just happy that the price will probably go to the Moon.

Institutional investors will be the BIG losers. They are only making early bitcoin investors rich.

The second sentence is true but not the first one. Big institutional investors have the power to MOVE the market at their will, and they are instantly drooling at markets with low cap where they can easily step in and step out at their convenience.

A time will come that their power will be limited, I mean when it comes to Bitcoin because for other coins, we will always have new projects that they can use their large funds to manipulate anyhow they like, but as for Bitcoin, the supply will become limited one day, and they will not have much quantity left for them to buy, and the little quantity left will be so damn expensive for them to accumulate.

At the time Bitcoin has limited supply, Bitcoin will be more useful for payment and also as store of value, but pending that time, I think they are still very useful and needed for us to always see the increase we need to make profit from our investment.