Post
Topic
Board Bitcoin Discussion
Re: Two months since Tesla BTC purchase. Corporate buying less than expected?
by
aysg76
on 10/04/2021, 13:14:09 UTC

The less number of corporates enter into this game, the better for commoners like us! It is already extremely difficult for a common person to enter into crypto market without buying from an exchange. If more and more corporates enter into this game, whatever chance we common people have now, will be lost. Then corporates will have the power to manipulate the market at their own will.

So if the corporate adoption is happening at a lower pace, it's a good news and should remain as it is!
Yes why are we worrying about any big institutional investor to invest huge funds into Bitcoin market just to push price higher?We are not seeing the other side that if more institutions invest in Bitcoin they would be holding a some large portion of supply and wealth would be concentrated again in few hands.The retail investors also need to have significant effect over the market to make some balance.The price surge is positive sign but with this it is becoming extensively difficult for small players to invest in Bitcoin.The price of one BItcoin is above $61k which is not bothering big institutions with billion of funds but will affect the common man with not much deep pockets.So this gap of time can give opportunity to retail investors to buy at this prices before any other major company announce it's support to btc pushing prices further high.