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duncun007

Institutional buyers are coming

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I think that the most important event that happened recently is the entry of the largest digital electronic bank into the world of crypto and allowing its users to buy and trade bitcoin. Where Paypal joined the cryptocurrency market. This is a worldwide encouragement to use these virtual currencies.

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4 hours ago, SuperCrypto said:

I think that the most important event that happened recently is the entry of the largest digital electronic bank into the world of crypto and allowing its users to buy and trade bitcoin. Where Paypal joined the cryptocurrency market. This is a worldwide encouragement to use these virtual currencies.

i think many people got too excited about the paypal news without even knowing whats it about, paypal is doing this to increase its revenues, because they are not allowing anyone to deposit or withdraw bitcoin from their accounts.

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Bitcoin didn't back before anything and it is only starting the engines. The rocket is in launch mode and it will begin the journey and countdown ends at new all time high, after that it will be a rocket launch that will send to the new cycle.

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It looks that the good news are coming non stop for Bitcoin. Institutional buyers are definitely coming and they have just started. I can't really imagine what will happen with hype in institutional investors and asking for buys of hundreds of millions of dollars. This will bring price into territories of hundreds of thousands of dollars that people laughed when we were reading these predictions.

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Gaining favours of institutes is good news where the companies can use Crypto as payments and for dealing. The trading will be globally and both parties can send ,receive their payments with in few minutes. But the price control problem isn't solve because of whales they pump and dump the price. so the backlash comes to these institutes. 

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It is amazing to find those huge buyers coming into crypto. At least it gives us hope that it isn't just individuals that are in crypto but also institutions and with that in mind we would be able to make our decisions freely.

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17 hours ago, Syedbesharat said:

Gaining favours of institutes is good news where the companies can use Crypto as payments and for dealing. The trading will be globally and both parties can send ,receive their payments with in few minutes. But the price control problem isn't solve because of whales they pump and dump the price. so the backlash comes to these institutes. 

yea those big institution is what bitcoin needs to be more approachable to the public, just like how paypal will allow more people to invest their money in crypto, and when we have more users buying and selling bitcoin we will make it harder for whales to manipulate the market.

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In addition to what you mentioned, many companies have become dependent on cryptocurrency as a means of payment because most of the purchases are made through the Internet due to the spread of the Corona virus.
I have no idea about the names of companies that may join the crypto in the future, but I think it will be a good choice for all international companies.

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On 10/10/2020 at 2:38 PM, duncun007 said:

For a long time we have been waiting for institutions to start buying bitcoin, and we finally started seeing them coming as we have seen Michael Saylor the CEO of mircostrategy announced that they now own 38,250 bitcoins, that is now worth about 435 million dollars.  Yesterday we saw that the company Square announced that they bought a 50 million dollar worth of bitcoin, even tho its a small amount compared to microstrategy holdings but still a big step towards the acceptance of crypto in general.

I personally think during this pandemic most people ,and companies as well, started looking for new investments and crypto seems like the easiest to learn and to get into, and it has a bright future, also the high volatility in the market will make you some good money. Alongside that, the anonymity that crypto provide to its users will attract many people that search for privacy.

Now as bitcoin rallies back up to 11400$ my question to you is...out of the big institutions, who do you think will be coming into crypto next?.

Day by day peoples will enter in the Crypto market and they invest huge amount of money becasue they know that crypto market will give them good profit than the other business and i hope soon the crypto market is going to be legal and those whose invest in the Bitcoin and also in the other coins they make good profit at that time becasue this time bull BTC will touch the 200,000$.


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The miners co ordinated some sales recently and they were absorbed very easily by the market. Even traders that took profits at 15800 now think of their move again and are rebuying between 15000. This two years high price is not the end of this bull run but the beginning of the next phase of bitcoin bull market. It is institutions buying and not going to stop for a while.

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On 10/10/2020 at 12:38 PM, duncun007 said:

Now as bitcoin rallies back up to 11400$ my question to you is...out of the big institutions, who do you think will be coming into crypto next?.

I had a prediction of $15k for November and we are already there. My next prediction was $20k for December but maybe it will be sooner than that and it can be anytime that bitcoin can start rising and even in a few days can be in a new all time high.

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The institutional money is investing in Bitcoin for some time now and it will be even more coming with more funds. There are trillions of dollars looking for higher risk and will keep looking and Bitcoin will get hundreds of billions in investments in the next year. It is now an accepted investment as we can read from the last opponents that were banks to have given a buy signal.

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On 11/10/2020 at 11:05 AM, khan22 said:

Day by day peoples will enter in the Crypto market and they invest huge amount of money becasue they know that crypto market will give them good profit than the other business and i hope soon the crypto market is going to be legal and those whose invest in the Bitcoin and also in the other coins they make good profit at that time becasue this time bull BTC will touch the 200,000$.

200,000$ per bitcoin? now that's an insane price which i dont think bitcoin will possibly reach, yea there is more investors coming to crypto but i think 30k might be the top price to reach.

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How about an update on what those institutional buyers are doing right now? BTC price has been consistently high for around a month now and even briefly touched $20,000 at some point.

 

And those institutions themselves are not the only ones to be pointed out. The high-ranking individuals working for those institutions may deal with cryptocurrencies independently as well if they so wish. The institutions they are working with may or may not be responsible for their personal decision, but may still be affected if those individuals' association with cryptocurrencies becomes publicized.

 


 

New to the Cryptotalk forum? Here's something that might help you get started:

https://cryptotalk.org/topic/24401-forum-tutorials-tips-and-tricks-for-newbies-compilation/

 

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On the one hand, this strategy is profitable and sometimes brings profits and losses. There is an aspect that you might fall into is that people are now dealing with reliable platforms and you must have years of experience in order to gain new customers. That is, some money must be lost at the beginning of the platform's creation, for more profit.


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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With a pandemic like today, many large companies are turning to bitcoin investing because the profits are much better than buying stocks, because we know the stock market is unstable, especially now that many countries continue to increase their debt. For this reason, an easy and realistic way and a safe alternative is to store assets in the form of cryptocurrency and bitcoin because they are safer and are not affected by the global crisis.

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You are right, this is the cycle of institutional investments. In the last few weeks some companies have continued to buy Bitcoin, even with the price above 20k. 
I think that will continue to happen during the next months.
Regarding your question, I think that the price of Bitcoin will continue to increase during the next months and, at some point, the dominance of btc will drop quite a bit and most cryptocurrencies will go up considerably.

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do you know what does that means? that means it is not too late to buy and hold the bitcoin or you can say in investing in the bitcoin as it will grow fastly  now and the chances of earning are more too.

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On 10/10/2020 at 3:23 PM, duncun007 said:

For a long time we have been waiting for institutions to start buying bitcoin, and we finally started seeing them coming as we have seen Michael Saylor the CEO of mircostrategy announced that they now own 38,250 bitcoins, that is now worth about 435 million dollars.

It is looking normal now but in future, if such bigger institutions keep purchasing a massive amounts of Bitcoin and later they make partnerships to play in market, it will bring the serious problem in the mass adoption trends of Bitcoin in this world as small retailer users will be struggling to hold certain amounts of Bitcoin for their effort. 

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This is true, my friend, since the beginning of the Corona virus, companies began to search for a good investment place and found in digital currencies the best place, so they bought large quantities of Bitcoin, and this is what helped to raise its prices significantly in light of the Corona virus

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The data and the news are very promising... such huge companies or institutions will not invest in something unless they are one hundred percent sure that it is a success and that it will bring them profit... so this tells you where the Bitcoin is heading towards and we will see huge numbers.

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I think that many of the countries and different companies are using crypto currency because of high security and privacy,in my country hoop so i will enjoy all payments in crypto currency and it is getting more popularity all over the countries.crypto currency is giving a lot of profit that's why companies are investing in crypto industry,i personally like this forum.

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Yes, this is true. The members who come should follow the same way and develop this forum in order to continue working until the end and remain in preservation of continuity.

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Right now we are seeing the enormous interest in Bitcoin from investors and big companies, in fact there is competition among the big ones to buy BTC and that is making the price go up due to the high demand, recently MicroStrategy is betting strongly and is encouraging the income of other companies and that in the end is good for the price of Bitcoin.


 

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Now the bull is start and the institutional CEO and the companies owners will start to buy the BTC and also other crypto currencies and i hope soon this is going to be legal in all over the world.


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Technical analysis tools are clearly devoid of such disagreements. Therefore, all 100% of trend indicators and oscillators on D1 point north, with 20% of the latter already in the overbought zone. It should be noted that while the green/north color of indicators regarding the British pound indicates its strengthening, in relation to the yen, it signals its weakening. Therefore, we advise paying attention to the GBP/JPY pair, whose dynamics have been very impressive lately.   The nearest support level is around 156.25, followed by zones and levels of 155.25-155.45, 154.60, 153.60-153.90, 153.00-153.15, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, and 146.50. 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(More on this below).   QCP Capital expects bitcoin to reach $74,000 and update its ATH (All-Time High) in the coming months. According to the company's economists, institutional acceptance of cryptocurrency is accelerating, and improving conditions in the global economy create conditions for capital inflows into risky assets. The US presidential election, scheduled for 5 November 2024, is also starting to have a strong positive impact on the cryptocurrency market.   Cryptocurrency themes continue to strengthen in the pre-election rhetoric of candidates seeking to gain the votes of the crypto community, which, according to NYDIG, numbers more than 46 million citizens in the US, or 22% of the adult population. Haseeb Qureshi, Managing Partner of Dragonfly Capital, believes that in such a situation, the administration of President Joseph Biden will soon be forced to ease its policy regarding the digital asset industry. A complete turnaround is not to be expected, but a softening of the position will still occur, Qureshi said.   CNN has recently reported on upcoming debates between Biden and his competitor, Donald Trump. The incumbent president will have to answer a number of uncomfortable questions about the harsh policy towards the crypto industry, which led to the outflow of cryptocurrency capital, the closure of large companies, and high-profile lawsuits. From Donald Trump, who turned the topic of cryptocurrency into a weapon against his opponent, in addition to attacks for the current state of affairs, loud pre-election promises can be expected, which could lead to significant volatility in the crypto market. Possible participation of Elon Musk, who expressed willingness to become a moderator, and independent candidate Robert Kennedy Jr., should enliven the debates, the first round of which is scheduled for 27 June, and the second for 10 September.   The main beneficiary of the past week was not bitcoin but ethereum. On Monday, 20 May, news reached the media that the US Securities and Exchange Commission (SEC) asked companies to update Form 19b-4 in applications for launching spot Ethereum ETFs in an accelerated manner. After these news, the financial agency Bloomberg immediately raised the chances of such funds being approved from 25% to 75%. Against this background, the leading altcoin quickly outpaced the flagship cryptocurrency in terms of growth rates.   The deadline for the first two applications from VanEck and Grayscale was Thursday, 23 May. Shortly before the X hour, ETH/USD reached $3,947, showing a growth of almost 30% in three days. According to Coinglass, the amount of liquidations and forced closures of short positions on crypto exchanges amounted to $340 million. A total of 78.8 thousand positions were liquidated, and the largest individual liquidation occurred on the HTX exchange for the ETH/USDT pair for $3.1 million.   The SEC did not disappoint expectations and on 23 May approved not two but a total of eight applications for the issuance of spot ETFs based on Ethereum and gave the go-ahead for trading and listing these funds on exchanges. According to Variant Investments Chief Legal Officer Jake Chervinsky, this step signals a "significant shift in US crypto policy, possibly more important than the ETFs themselves." This may also mean that recognizing ethereum as a commodity, the regulator will not categorize many other altcoins as securities. According to Rekt Capital, the market is already on the verge of an altcoin rally, the peak of which is expected in July.   Experts expect significant capital inflows after the listing of ETH-ETFs and believe that billions of dollars will be invested in derivatives in the first week after trading starts. Analysts from QCP Capital believe that the altcoin rate in the short term can rise to $4,000 and exceed $5,000 by the end of the year.   An even bolder forecast is given by Standard Chartered Bank economists. They expect capital inflows into such funds in the first year to range from $15 to $45 billion (2-9 million ETH). In this case, the fund's demand will lead to the asset's rate rising to $8,000 at a bitcoin rate of $150,000. Moreover, if market dynamics are positive, by 2025, the price of Ethereum will reach $14,000, and bitcoin's rate will increase to $200,000.   As of the evening of Friday, 24 May, BTC/USD is trading at $69,900, and ETH/USD at $3,735. The absence of an immediate pump and some drawdown of this pair on 23-24 May can be explained by the fact that everyone who wanted to has already managed to buy ethereums ahead of the SEC's historic decision. The total cryptocurrency market capitalization is $2.55 trillion ($2.42 trillion a week ago). The Bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has not changed and remains in the Greed zone at 74 points.   And in conclusion of the review, forecasts from Artificial Intelligence. The latest version of GPT-4o from OpenAI believes that the price of bitcoin on 1 August 2024 will be in the range of $76,348 to $89,108 "considering current market factors and historical trends." GPT-4o's competitor, the anthropic AI model Claude 3 Opus, has formed an even more optimistic vision, designating the range between $105,072 and $167,808 by the indicated date. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Там то и тыкать не особо нужно, включил и пускай фармит. Это в других тапалках (и то не во всех) нужно каждый раз тыкать, тут почти пассив 😉
    • Полиция Южной Кореи раскрыла крупную группу криптомошенников   Южнокорейские полицейские арестовали 19 человек, которые выступали участниками мошеннической группы, действующей в социальных сетях. По данным властей, задержанные управляли открытым чатом, через который обманули сотни криптовалютных инвесторов.   Изначально мошенники предлагали пользователям чата законные способы вложений в цифровые активы, используя их некоторые инвесторы даже смогли получить прибыль. Такие действия преступников должны были усыпить бдительность, чтобы в дальнейшем люди без раздумий инвестировали в незарегистрированные криптовалюты. Когда инвесторы поняли, что их обманули, они потребовали вернуть деньги, но мошенники к тому времени уже заблокировали доступ к чату.   В результате расследования правоохранители выяснили, что в сети мошенников попали 308 человек, которые в общей сложности лишились примерно $19 млн.   По данным полицейского управления Южной Кореи, ещё как минимум шесть преступников находятся на свободе, скрываясь в других странах. Интерпол уже получил «красные уведомления», предписывающие арестовать их. Все участники мошеннического чата были завербованы главарём, чьё имя пока не раскрывается. Он помогал им незаконно въезжать в страну, а затем забирал у этих людей паспорта и мобильные телефоны, чтобы принудить к сотрудничеству. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2425428
    • Даа, лучше поздно, чем никогда. Все таки будем вернуть свои ошибки, когда альты тоже будут расти. Но биткоин пока уверенно себя ведёт, я уверен что до конца года дойдет хотя бы до 90к. Эти альты меня так пугали, что с очень осторожностью покупаю их. 
    • Добрый вечер, уважаемые пользователи! Мы работаем ежедневно с 10:00 до 22:00 (МСК)  - Дорогие друзья, напоминаем Вам про #Акцию, дарим бесплатные AML проверки, для этого нужно обратиться в Telegram с сообщением "бесплатная AML проверка". Желаем Всем тем, кто работает - прибыльного и продуктивного дня. А тем, кто не работает - хороших выходных.
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