- total outstanding bitcoins
-total known outstanding bitcoins held by major players that want the value to raise?
-total known shorts as of today?
If i can see the above details it would be easy to see how where we are going to level out.
I want $1000+
But something is telling me that some simple math will show a much lower base price.
Please PM me the details if you dont want to make them public..
thank you in advance.
Mostly a few own most the bitcoins. To see the shorts, follow bitcoinwisdom and other sites etc to see buy and sell orders. Do you think 1 bitcoin is worth one thousand dollars? It has a utility and is scarce (and desirable)
It went to 1k+ because china started buying. To reach there again, that would probably have to happen again (in some capacity - more adoption etc.)