Quote from: hispout on July 12, 2019, 09:46:35 AM

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.

There are also conspiracy theories doing the rounds that these institutions will use their financial powers to destroy Bitcoin.

Some are even saying that the small fish will be eaten by the big sharks. Let's consider the impact of this and how this will change the Bitcoin scene.

Will Bitcoin go 100% commodity & store of value or will it still be used as a currency?

I dont really know this for sure, but there are lots of people that keeps saying they wish for institutions to start investing their money in Bitcoin because they believe that institution money is going to help the price of Bitcoin to go higher. But one thing you should also know is that all these people that are saying all these are just saying for their personal purpose. They all just want institutions to invest their money in cryptocurrency because they believe that it is going to make the price of cryptocurrency to increase and they will use that opportunity to make lots of money.

With all sincerity, that is why many investors you see now are in the market, to make money, and if we have to wait for adoption, many of us might not be getting the profit we are getting now without some of these institutional investors to put in their money in large sum which increases the price of bitcoin.

Do you know what the total market cap of bitcoin is, imagine that the few average investors we have keeps dropping whatever they have little by little, do you think that the market cap would have been upto that, it is when institutional capital enters that market that it encourages some people too to put in their fund in large quantity which will jointly push the value of bitcoin up for people like you and I to make profit. So, if you see people wishing for these institutional capitals, what else would it be other than to make money.