Please all imagine those giant green candles that are ready to pop up when "institutionals" will get officially on board. Everything happens for a reason and I think this got well planned all along. The parabolic rise in 2017 was unreal as this 2018 drop.
Expect fireworks when Etfs and bakkt shit will take off.
That's how I see it.
Bitcoin is an asset for the institutionals. They can't control the instrument (they don't even get it) but sure as hell they can control the price.
Am I being dumb here?
Expect fireworks when Etfs and bakkt shit will take off.
That's how I see it.
Bitcoin is an asset for the institutionals. They can't control the instrument (they don't even get it) but sure as hell they can control the price.
Am I being dumb here?
Imagine you were one of those institutional guys (which already are unofficially in BTC). WOuld you trust your funds into an instrument that can tank because for example two morons decided to do a hard fork some time? Or that the price can tank just because a kiddo was playing with the security of some exchange and managed to hack it? just two of the numerous "childhood diseases" of btc.