Quote from: Raflesia on January 18, 2021, 02:11:10 PM

Do we only depend on institutional investors? I think this is just speculation that it is clear that the whale holds more of the bitcoin that is held this can affect the price even fluctuating we know every company has now started to adopt but will the price still reach new ATH again?
We can probably guess the price will jump easily but we have to know what the real market conditions are and investors will still not panic when a crash occurs.

We do not "depend" on the institutional ones but they are the ones that can make the biggest difference the question as well. I am not saying there is nobody else buying, without them we still have a lot of people buying, but they make a huge difference as well. Just to give an example before them we were toying the 10k levels, with them we broke over to 40k levels, did they took us there all of their own? Of course not, but could we say 14+ billion dollars spent on bitcoin all in the past 8 months didn't help? I wouldn't be capable of saying that.

So as long as they keep helping, as long as they keep buying, I am sure it is going to be fine, we are going to make a profit, but it is going to take a while before we can say that we can increase like this without them, that would require a lot more regular people to get into it if we are talking about tens of billions of dollars all bought during same period and not sold.