Quote from: fuguebtc on Today at 03:27:16 PM

Quote from: avikz on Today at 01:18:16 PM

Have you thought about the flip side of it? When these big corporates are buying Bitcoin in bulk, the price is increasing. A lot of people sharing about it.

But what would happen if these corporates start selling their Bitcoins in bulk? The price will start dropping.

With 1.5 billion worth of holding, these corporates hold the power to manipulate crypto market. I hope no company start buying Bitcoin anymore!

Everything has its price, if we want bitcoin to become popular then the price we have to pay is government intervention and approval. If we want bitcoin to be worth hundreds of thousands of dollars, millions of dollars, we need the participation of large funds and institutions because only they can pull billions of dollars into the market every day like what is happening.

More importantly, even if we don't want them to enter the market, there's no way to stop them. So instead of looking at the negative things and stressing out, we should adapt and look at the positive things .
You are right about them dumping bitcoin at any time but in the long run, I think this will do more good than harm because without the involvement of large institutions, it will take longer for bitcoin to become globally popular.

I agree with you, we really can hardly influence this process.

However, there are still some things we can do - for example, we can promote independent Bitcoin storage, cold wallets, etc. We can tell people about the principles of decentralization and financial freedom, that Bitcoin is essentially an alternative to the modern financial system.

At the same time, it is necessary to understand that BlackRock is not friendly to the first cryptocurrency. Companies like BlackRock are huge financial and political corporations that play their own global strategic game. At the same time, in my opinion, Bitcoin is an even more powerful entity than a large international corporation.

Trying to manipulate Bitcoin, BlackRock may in the future get completely different results than they are currently striving for. Bitcoin is too global to fall under the influence of one corporation, even one as large as BlackRock.