You are viewing a single comment's thread from:

RE: Understanding What A Little Money Will Do To Bitcoin

in #bitcoin7 years ago

I recall reading that the 2017 increase in demand and prices was fueled by only $25 billion of new money. Considering that the market got to $800 billion before coming back down, that is still a small amount considering the increase experienced. This time most money is going into infrastructure and companies which will delay the next wave of demand but will also build a strong foundation to build on towards the future. As solutions like custody and user interface improve, adoption can accelerate and much more than $25 billion could come into the market.

Coin Marketplace

STEEM 0.06
TRX 0.31
JST 0.060
BTC 66412.65
ETH 1999.04
USDT 1.00
SBD 0.50