Is Big Institutional Money About To Flood Into Cryptocurrencies?

in #bitcoin7 years ago

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That's what they keep saying, but nothing has happened yet.

Haha yes but big institutions now truly have the tools in place for entry. You could say the final barrier has been removed.

Very good post, I think it already is. There are a lot of dips getting gobbled lately, especially with steem, not much for losing streaks for crypto after a big rally.

Glad ya liked. Eventually I think we will get our big crypto rally but it may take a bit longer than some of us are hoping for

Yeah I can definitely agree with that. The support that keeps up after rallies is what impresses me most. 6 months to a year ago a big rally would come, and within a few weeks the momentum would be over, at least most of the time. Now the movements back to a more normal price (over an average of say 90 days) is gradually rising which is showing in my opinion some institutions and higher level investors are dipping their toe in the water a little. Who knows right? but it is very fun to watch and see how it all shakes out.

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To the question in your title, my Magic 8-Ball says:

It is decidedly so

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin8391.110$1.95%-10.21%
ETHEthereum713.391$3.71%-6.12%
LTCLitecoin139.317$2.01%-12.33%
NANONano6.100$4.18%-20.55%