Post
Topic
Board Speculation
Re: Are we makeing up time for the lost years between 2013 and now or pump & D
by
European Central Bank
on 01/05/2017, 12:04:03 UTC
No I can not see us pumping BTC that much. Just to reach $3000 we would need another $23 billion moving into BTC right now.
To reach your numbers of $10k for instance there is much more money needed, probably by institutional investors. With an ETF this might be possible. But without I can not see this happening after halving in 2020.

uh, no. to get to $3000 would probably require 100-200 million max. 23 billion dollars of direct expenditure dropped into the market now would probably push it far over $15,000.