Re: What will have the biggest impact on the Bitcoin price?
A while ago a nice graph was doing the rounds, indicating what the impact will be if a specific group of people adopted Bitcoin.
It was showing different investment sectors and what the impact would be on the Bitcoin price, if they invested in Bitcoin. Unfortunately I cannot find it now, but it motivated me a lot to think about the scope of adoption, when these investments could find their way to Bitcoin.
Just imagine what would happen if only 20% of the money invested in Gold, could find it's way into Bitcoin for instance. Gold is just one of the precious metals.
Just imagine what will happen if people stopped saving money in Banks at low interest rates and rather invested that into Bitcoin.
What shift in investment in your opinion, will have the biggest influence in the Bitcoin price? How will that shift, influence the world economy?
It was showing different investment sectors and what the impact would be on the Bitcoin price, if they invested in Bitcoin. Unfortunately I cannot find it now, but it motivated me a lot to think about the scope of adoption, when these investments could find their way to Bitcoin.
Just imagine what would happen if only 20% of the money invested in Gold, could find it's way into Bitcoin for instance. Gold is just one of the precious metals.
Just imagine what will happen if people stopped saving money in Banks at low interest rates and rather invested that into Bitcoin.
What shift in investment in your opinion, will have the biggest influence in the Bitcoin price? How will that shift, influence the world economy?
yes you are absolutely sure if they understand the benefits of playing bitcoin it is certain investors will glance bitcoin for a better future and that I know bitcoin is created because bitcoin aims to make a digital currency that can not be controlled by anyone including banks which means money it becomes a digital currency and can we save ourselves without having to go to the bank or to precious metals, just imagine in bitcoin we save money not in pick up monthly administration fees we can actually benefit from up and down its bitcoin. bitcoin currency is very unusual and just imagine how people around the world are scrambling to have bitcoin, amazing. so I think it will trigger a rise in bitcoin and bitcoin prices will be increasingly difficult to obtain.