Blockchain and Cryptocurrencies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Blockchain and Cryptocurrencies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

Claude Cormier

To: Elroy who wrote (2452)	2/8/2021 12:49:08 AM
From: ItsAllCyclical	1 Recommendation of 7648

For any asset to appreciate tenfold does not imply a 10 fold increase in Money flows. It’s more about rate of change, sentiment, catalysts, and fundamental drivers. But you’re right bitcoin is tightly held compared to other assets. because it’s relatively unique within its as a class and the class itself is new I think it takes less new buying power then say it would for another asset of the same size to appreciate tenfold. 2017 was all about the individual. 2020 is all about the institutional Money flows and again if we merely get a 1% allocation we are going much higher so on a rate of change Basis you may be talking about institutions going from 0 to 1 but this doesn’t require a huge capital commitment on their part. It’s the same story with gold only because bitcoin is so new and so much smaller it takes far less in terms of new investors.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next