The US equity market. The US equity market had a tremendous performance in 2017. The S&P 500 Index (SPX-INDEX), the Dow Jones Industrial Average (DJIA-INDEX), and the NASDAQ Composite Index (COMP-INDEX) rose 19.5%, 24.8%, and 27.6%, respectively, in 2017.
Thats other point id like to point out that equity market booming was very beneficial for retail investors for capital gains...
Thanks to equity market Boom a lot retail investors Had that capital to buy btc and to participate in all kind of ponzi and invedtment schemes generally.
Topic: 2020 to 2022 time frame for btc 2017 market Cap analytics (Read 120 times)
2020 to 2022 Why we need Bitcoin?
If more we have reasons to need btc the more the btc price can be!
2017 was 20k. That's high price but it was coz of need of btc.
2017
100% market cap was divided*
25% ponzi and investment scams*
50% dark market Capital
The rest of the 25% I think was pretty much eaqual with retail investors hodlers and new comers and crypto enthusiast.
Now the 2020 to 2022 we have question Why we need Bitcoin in this time? Who will be the btc traders and for what Reason they will buy or trade btc?
And Don't Tell me its hodling btc hodlers are as I Am are allready in thats not new.
Im afraid If we Don't have reason for mass adoption we will not see btc price rise!
Only we Will see is the fake bull traps coused by stable coins minting bringing hope to traders to see bull run with fake stupid news with liar Criminals who Give un realistic price predictions who working together stable coins minters!
Until Nothing new Will happening we Only lose money coz of FOMO and Bull traps!
If more we have reasons to need btc the more the btc price can be!
2017 was 20k. That's high price but it was coz of need of btc.
2017
100% market cap was divided*
25% ponzi and investment scams*
50% dark market Capital
The rest of the 25% I think was pretty much eaqual with retail investors hodlers and new comers and crypto enthusiast.
Now the 2020 to 2022 we have question Why we need Bitcoin in this time? Who will be the btc traders and for what Reason they will buy or trade btc?
And Don't Tell me its hodling btc hodlers are as I Am are allready in thats not new.
Im afraid If we Don't have reason for mass adoption we will not see btc price rise!
Only we Will see is the fake bull traps coused by stable coins minting bringing hope to traders to see bull run with fake stupid news with liar Criminals who Give un realistic price predictions who working together stable coins minters!
Until Nothing new Will happening we Only lose money coz of FOMO and Bull traps!
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