Post
Topic
Board Trading Discussion
Re: Institutional buyers are not backing down. More Pump?
by
tbterryboy
on 13/04/2021, 18:14:06 UTC


Institutional investors are getting more interested in bitcoin. This move by MicroStrategy is a big step. Will other companies follow this path? How would employees react to this? Since btc is volatile and can dump at any minute. I can understand if they are excited about it now as Bitcoin is bullish but what happens when there is a massive dip? Love your hear thoughts on this none
Paying people in Bitcoin shouldn’t be a problem even if there is a dip in price, they will still continue getting paid the same amount as long as it’s in USD that the payments are being calculated, it’s not like they are being paid a particular amount of BTC that wouldn’t change when the value dips. So whether the price of bitcoin dips or levels up, they are still going to be paid the same worth in USD, so I don’t see anything that’s a problem with it.

And as for the price of bitcoin I don’t see it going down anytime soon, lots of people are still showing their interest and big companies are showing interest as well, and they want to be investing and lots of people are ready to hold for a long term.