Bitcoin
Bitcoin
Out of context: Reply #1924
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The real question is, ARE institutions truly here yet?
- we'll find out soon enoughESKEMA
- No. But when they are in... you will notice a price difference.AQUTE
- @eskema now you sound like a broken bot...jonny_quest_lives
- i just can't dismiss paolo and his tethers out of hand nor can i dismiss the majority of BTC mining is done in China...jonny_quest_lives
- for a decentralized currency/asset/ store of value or whatever we call it this month it seems awfully centralized/manipula...jonny_quest_lives
- as for institutional investors it totally can happen as we've seen stock markets and companies will fuck over anyone for profit even with regulations.jonny_quest_lives
- it's just weird that i see the same behavior/bravado as the dot com bubble at play here... rampant hype but when someone asks questions about how...jonny_quest_lives
- exchanges function/backing. why tether is needed at all as one should be able to buy btc direct/otc on an exchange no one provides clear insight.jonny_quest_lives
- also what does buying in at these prices accomplish? buy in at 58k cuz I'll miss out at 65k? this is not a market norms can play in.jonny_quest_lives
- i guess i missed the point of this thread... i mean if everyone here is just trading and all in I'll avoid posting a counterpoint.jonny_quest_lives
- just figured you'd have a better source for that kind of btc hype/investment club than a reclusive design sitejonny_quest_lives
- @jonny NOW I realised your id is that cartoon show by Hanna barbera from back in day, wanna rewatch that lol
also your above points are valid too!******** - @grafician always loved the style of the cartoon... Venture Bros skewers the show pretty good https://youtu.be/0o_…jonny_quest_lives
- Unlike the stock market, Bitcoin is a zero sum game. If Institutions are here to make money, someone else have to lose, and its going to be retail.drgs