Supply is so low right now compared to demand, not that much is needed to make it go parabolic.
Those "whales" that move markets today are going to seem tiny once Wall Street and the Hedge Funds come knocking.
Those "whales" that move markets today are going to seem tiny once Wall Street and the Hedge Funds come knocking.
Even if you are a whale street whale, why would you put more than a few million or even a few hundred million. What would the purpose beyond that be? It would still only be a fraction of how your house of card wealth is assembled. If buffet is true to face value and thinks bitcoin is rat poison and winds up wrong will go down in history as one of the most fabulous follys. I suspect he own a good fortune of bitcoin already. If he is true is his face value, much of his industry will fall apart as the entire paradigm shifts. Producers will conduct business directly with consumers within a handful of years, it will be a complete game changer.
My point it is the entire system needs to us, and accept and keep their bitcoin, and with the deflationary aspect until it reach maximum
Basically anyone with a few bucks to lose has invested their 1%=5-10billion
The rest is too broke to pull bitcoin into their lives even though they would end up saving tons over a few years and even godly amounts more over a decade or 2.
