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Author Topic: Big names are coming in what does this mean for crypto  (Read 1987 times)

Online Zed0X

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Re: Big names are coming in what does this mean for crypto
« Reply #15 on: December 02, 2024, 10:24:30 PM »
In terms of popularity/price/adoption, of course this means more profit to people who got in earlier and held on. In terms of bitcoin decentralization, I think we'll have to see the full effect of big centralized companies hoarding BTC. It's possible that they will be dictating future regulations and policies affecting crypto.

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Re: Big names are coming in what does this mean for crypto
« Reply #15 on: December 02, 2024, 10:24:30 PM »

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Re: Big names are coming in what does this mean for crypto
« Reply #16 on: December 02, 2024, 10:44:45 PM »
In terms of popularity/price/adoption, of course this means more profit to people who got in earlier and held on. In terms of bitcoin decentralization, I think we'll have to see the full effect of big centralized companies hoarding BTC. It's possible that they will be dictating future regulations and policies affecting crypto.
It will be very massive, cryptocurrency market is becoming more valuable and a big opportunity for investors and traders even miners. The rate in which the bitcoin market is trying to grow do you think there will be any effects, I guess we will all find out when the market goes bump. I’m very excited with the way everyone seems to know about cryptocurrency at least it getting it fame and recognition by many individuals in the whole world this year bull run is not only profitable but also promoting the cryptocurrency world.
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Re: Big names are coming in what does this mean for crypto
« Reply #16 on: December 02, 2024, 10:44:45 PM »

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Re: Big names are coming in what does this mean for crypto
« Reply #17 on: December 02, 2024, 10:59:26 PM »
Big institutions and even countries all want to get into BTC, i would not say they are late, maybe it is just now that they see how good and useful BTC is. The U.S. wants to create a strategic reserve, i read that Brazil and Switzerland want to do the same, the future is great for BTC and we'll witness more institutions enter a race to join the network.

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Re: Big names are coming in what does this mean for crypto
« Reply #18 on: December 03, 2024, 02:50:37 AM »
We know that bitcoin is one of the best valuable crypto in cryptocurrency world. We also saw that's when US president donald trump win in american election, then we could saw in cryptocurrency market for increasing in bitcoin price. I also believe that after 2-3 years bitcoin price is increase in $150k. So we also increase in our bitcoin capacity for BlackRock to enjoy prefer moment in bitcoin. So i believe that within a short time bitcoin or cryptocurrency market will reach in best position.
There is no bad intention, but Bitcoin still needs a correction so that the market can work well, considering that the current greed index of the Bitcoin market and other cryptocurrencies is quite high to be categorized as Extreme Greed... the current bullish trend does have the potential to continue, but for the next 2-3 years, I believe more if BTC experiences a correction period... and the price should not be below $60k again from now until the next 2 years.

What I said is also a little rational, because it is related to the four-year cycle of BTC, where the second and third years are the right time to grab more BTC...

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Re: Big names are coming in what does this mean for crypto
« Reply #19 on: December 03, 2024, 03:13:10 AM »
Just in a while back saw some news about Microsoft thinking to buying in BTC, well if they do buy in that will sure move the market even more, plus not to mention big bags like BlackRock already have accumulated a very high amount in BTC, what are your thoughts on this, it a good thing but I feel it's now becoming a race for which big company owns more BTC
Literally speaking on which this is really that a good news since it could shoot up the price high, but we do know on what would be its cons? Possible manipulation and thats it.
When we do know that on the time or moment that they do have tons of coins then we do know that they could potentially manipulate the market and thats really that a bad news
for us small fries here on this space. Well, there's nothing we can do if they will really be able to engage with Bitcoin. Lets just be wise on how we would really be able to ride with the waves.

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Re: Big names are coming in what does this mean for crypto
« Reply #20 on: December 03, 2024, 04:52:03 PM »
Just in a while back saw some news about Microsoft thinking to buying in BTC, well if they do buy in that will sure move the market even more, plus not to mention big bags like BlackRock already have accumulated a very high amount in BTC, what are your thoughts on this, it a good thing but I feel it's now becoming a race for which big company owns more BTC

They will eventually get in after the datas about countries that own the most Bitcoin comes out; they have seen the full potential of Bitcoin and eventhough the price is already high, they can still afford it since they are multinationals who can afford to buy large amount of Bitcoin, In the future, we will see countries and multi national companies holding large shares of Bitcoin.
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Re: Big names are coming in what does this mean for crypto
« Reply #21 on: December 03, 2024, 05:56:10 PM »
Just in a while back saw some news about Microsoft thinking to buying in BTC, well if they do buy in that will sure move the market even more, plus not to mention big bags like BlackRock already have accumulated a very high amount in BTC, what are your thoughts on this, it a good thing but I feel it's now becoming a race for which big company owns more BTC

After the successful investment that Microstrategy did in bitcoin and what their profit stands at as of today, it’ll become a reality to those other big companies to see bitcoin as a major means of investing in the world today. They can see how their profit rose very big within a short period of time after investing in bitcoin. Such trust that Microstrategy gave to bitcoin and really got the result they needed will make other big name companies to want to partake in this investment so as to also reap big like Microstrategy does now in this current bull cycle. This is not surprising and if big companies decide to join, it won’t still be surprising because it has been expected to be so at some point in time.

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Re: Big names are coming in what does this mean for crypto
« Reply #21 on: December 03, 2024, 05:56:10 PM »


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Re: Big names are coming in what does this mean for crypto
« Reply #22 on: December 03, 2024, 06:49:03 PM »

i came across that article too. which MS shareholders were trying  to convince MS to buy Bitcoin which the shareholders are threatening. there must be a coup inside the company.

but it would be good for them to have BTC as well not just their own shares. this would mean another big company just turning itself as a finance institution. since governments are already starting to invest BTC, it wouldn't hurt for the company to have BTC as well.

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Re: Big names are coming in what does this mean for crypto
« Reply #23 on: December 03, 2024, 07:35:56 PM »
It means that the price is going to be way more expensive than the current one when all those big companies enters the competition. The news about microsoft is new but BlackRock buying Bitcoin is happening for a while and we know Tesla and Elon stunt with crypto from time to time so if people still think Bitcoin and cryptos are scam and bubble is going to be on the regret in the next 5 or 10 years later.
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Re: Big names are coming in what does this mean for crypto
« Reply #24 on: December 03, 2024, 08:22:29 PM »
It means that hyenas, vultures, parasites, fungi are looking for an easy meal!

Everyone is smelling money and they don't care anymore about the previous principles, be your own bank, no 3rd party, a true p2p currency, they smell only % revenue in fiat, of course, it's great for the price, for the idea that Bitcoin started with it, well, ask Satoshi for it if the guy would be able to stop spinning for a moment in his grave, virtual or real.

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Re: Big names are coming in what does this mean for crypto
« Reply #25 on: December 03, 2024, 08:31:13 PM »
Just in a while back saw some news about Microsoft thinking to buying in BTC, well if they do buy in that will sure move the market even more, plus not to mention big bags like BlackRock already have accumulated a very high amount in BTC, what are your thoughts on this, it a good thing but I feel it's now becoming a race for which big company owns more BTC

After the successful investment that Microstrategy did in bitcoin and what their profit stands at as of today, it’ll become a reality to those other big companies to see bitcoin as a major means of investing in the world today. They can see how their profit rose very big within a short period of time after investing in bitcoin. Such trust that Microstrategy gave to bitcoin and really got the result they needed will make other big name companies to want to partake in this investment so as to also reap big like Microstrategy does now in this current bull cycle. This is not surprising and if big companies decide to join, it won’t still be surprising because it has been expected to be so at some point in time.

Yes, Microstrategy, in my opinion has really demonstrated a good example as an organizations that understand the Bitcoin ecosystem and how it works. The company has not stop adding more Bitcoin to it's holding, they have been consistent adding more btc. I am looking at Microstrategy as a company that is determined to continue adding more Bitcoin and probably becoming the highest company holder in near future.
In facts, I think that more instructions, high profile individual, governments will be investing on Bitcoin as an assets that can boost theirs earnings in the future.

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Re: Big names are coming in what does this mean for crypto
« Reply #26 on: December 03, 2024, 08:55:55 PM »
Well right now I have to say this is really a Trump effect. Sometimes I gat to wonder why all these things are happening so fast and hastily, why companies and individuals are craving for crypto and Bitcoin now when they have been in existence for long time ago. Then I gat to understand at the same time that humans are moved with what they see and fear risk taking, it's not that these individuals and companies craving for crypto and Bitcoin didn't know about it but they were also afraid to invest in them but now Trump has come to stand as an assurance to all doubters and they are now finding interest in it. It's a Trump effect I tell.

Truly, the Trump effect is really contagious.  I could remember how big names were all talking ill about bitcoin and crypto in general as a result of what the government that has no clues called and made it look before them. The Trump administration I believe would do better as the promises on  a good and favorable crypto policies and environment has been on and this alone has made investors know that Bitcoin is the next thing on the line and that has made the crypto and bitcoin price itself to appreciate because of the demand for it and looking at the limited supply, I believe it would appreciate much more in value than it is now in the nearest future when all is set for the new policy implementation.
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Re: Big names are coming in what does this mean for crypto
« Reply #27 on: December 03, 2024, 10:10:14 PM »
Truly, the Trump effect is really contagious.
Lol, Trump is in all your lips, i hope he does not disappoint all who have fully believed his promises and who believe that his policies will be favorable for crypto and BTC. I don't like to talk too much about Trump, but i believe that in general next year and the future will be good for BTC, i just hope that a lot of people still remember not your keys, not your coins and a lot of things the network stands for.

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Re: Big names are coming in what does this mean for crypto
« Reply #28 on: December 03, 2024, 10:19:06 PM »
Truly, the Trump effect is really contagious.
Lol, Trump is in all your lips, i hope he does not disappoint all who have fully believed his promises and who believe that his policies will be favorable for crypto and BTC. I don't like to talk too much about Trump, but i believe that in general next year and the future will be good for BTC, i just hope that a lot of people still remember not your keys, not your coins and a lot of things the network stands for.

"He is a great guy, I love him"  :D
Politicians would always be politicians that is why I do not put hope in their words. They can sell propaganda just to arrive at their destination after they have gotten what they want. As for Trump, he has made his promises to the crypto community lets wait and see how things goes after his inauguration.
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Re: Big names are coming in what does this mean for crypto
« Reply #29 on: December 03, 2024, 10:39:55 PM »
Truly, the Trump effect is really contagious.
Lol, Trump is in all your lips, i hope he does not disappoint all who have fully believed his promises and who believe that his policies will be favorable for crypto and BTC. I don't like to talk too much about Trump, but i believe that in general next year and the future will be good for BTC, i just hope that a lot of people still remember not your keys, not your coins and a lot of things the network stands for.

"He is a great guy, I love him"  :D
Politicians would always be politicians that is why I do not put hope in their words. They can sell propaganda just to arrive at their destination after they have gotten what they want. As for Trump, he has made his promises to the crypto community lets wait and see how things goes after his inauguration.
Yes, we should wait to see what Trump will do after the inauguration, because Trump has made many promises during the campaign. What I read is that Trump will support Bitcoin and make the US the center of Bitcoin and will also fire Gary Gensler because he is considered not to support the development of crypto projects. Is this just a promise? After January next year, we will wait to see what policies Trump will issue to support crypto.

 

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