Post
Topic
Board Bitcoin Discussion
Re: 2013, 2017 bubbles and 2020 bull run
by
CODE200
on 25/11/2020, 16:13:31 UTC
Do you think that we should prey only on institutional investors to pump the price of Bitcoin?
It's true that big companies aren't affected by FOMO and panic selling,but it's also true that big companies are "under the radar" of the government,therefore a particular action taken by the government(new regulations or something else) could easily force those companies to leave the crypto markets.
Bitcoin(and cryptocurrencies in general) needs the support of the people,in order to grow and survive.

Not sure what you mean with your question. Institutional investors will buy bitcoin whether we like it or not, and it's the same with retail investors. It's not like we can prevent institutional investors from buying just because of governmental risk.
The thing that alters the idea is being institutional. In my opinion, they are just like whales in this market but the difference is their identity as an institution which is open to the masses. In his claim of regulation, it is really possible thru third party networks but bottomline is that we are not required to also engage in it because it will just be an option. New ones investing through these institutions is another story.

Things might be really different from the previous years but all I know is that there's something in nature that we cannot disregard, that's volatility. Thus, things won't be hundred percent in favor with our expectations for this year's "history".