Post
Topic
Board Bitcoin Discussion
Re: Bitcoin, the institutional coin
by
Anonylz
on 02/04/2021, 06:12:31 UTC
I see bitcoin becoming an institutional coin in the nearest future. institutions are beginning to buy bitcoins in billions of dollars. this will automatically reduce the amount of bitcoin in circulation thereby forcing up bitcoin price.

You are not far from the truth, lately the institutions have shown much interest on btc than previous years, and from the way it has already started,  there is high probability that more institutions will show more interest to be part of the space as we progress into the future,
And this moves will also play a significant role in the price aspect, institutions will most likely acquire btc as a store of value and not for market manipulation like what most big whales does.