Quote from: Layers318 on September 17, 2019, 04:05:44 AM

Quote from: The Cryptologist on September 13, 2019, 12:26:21 PM

I've read an article recently where coinbase stating that a large fund has entered in their website and it was believe by the ceo that it was from institution. I don't know if I am glad to hear this because in my perspective, these institutions are just doing it in case the tables are turned and bitcoin really succeed. But I think more and more institutions will do this after we hit either $50k or $100k btc.

Apparently, these big institutions are aware of the benefits of Bitcoin and will not sit down and watch as investors enjoy everything. These institutions invest huge into crypto and since most of the transactions are anonymous, they tend to hide behind the transactions because most of them play important roles in governmental affairs. The institutions know Bitcoin and cryptocurrency cannot be stopped and will receive a mass adoption some years to come which will boost its market price.

We need to make a difference here, not all institutions have funds for investing, I think there is more without funds than with funds. And just to say, term institutions is very wide, many of the institutions don`t have anything with technology, and I think most of the institutions are not aware of cryptocurrencies.
But some are in the game for a long time, they invested on time, they will not wait for higher price to enter in the crypto world.