Quote from: Don Pedro Dinero on Today at 08:38:28 AM

Quote from: Odohu on Today at 07:23:42 AM

Quote from: Isuru_ on Today at 06:51:59 AM

Institutional investors can bring stability and liquidity to the Bitcoin ecosystem. They can also help to legitimize Bitcoin and make it more mainstream.what you think about this as a crypto guy ? Wink

This is very correct.

It is only partially correct. Remember when Tesla sold 75% of its bitcoins and the market reacted downwards. The market is not that mature yet. If tomorrow a couple of major companies like Apple and Amazon announce that they are buying bitcoin and will accept them for payment, the price doubles in a week. And vice versa. If Saylor for example says it changes its mind and starts selling bitcoins we will be at levels below $20,000 in a few days.

We might actually be saying the same thing as I do not notice any difference between your narration and examples from mine. The involvement of institutional investors will bring some form of stability and liquidity in a way that one person selling will not have devastating impact on the price like we notice in the case of Tesla.

The more the institutional cashflow Bitcoin enjoys, the less the chances of price fluctuations and market manipulation.