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RE: Why have Institutions been slow to warm up to Bitcoin?

in #bitcoin5 years ago (edited)

Whether they feel late to the party or not, they want to buy in at around $1k. To them, it's more about verbalizing the price point they got in at. They want the feeling of being able to say they called the low and got in cheap...That way when they're doing lines with their buddies up in the Hamptons, they can say look we're not idiots after all.. and ultimately they have the cash to play the waiting game