Post
Topic
Board Speculation
Re: BTC Demand>BTC Supply= High Priece of BCT.
by
1Referee
on 21/05/2018, 10:39:00 UTC
But the question is how to have more demands? Or where should the demand comes from? Right now, more are selling bitcoin because they either wanted to get out or traders simply making profits (day trader). But for the demand to increased, we need something like a positive news that will renewed the interest of investors again.
Positive news isn't enough and doesn't last very long. In order for the demand to increase in a durable and maintainable manner, we need something that adds to Bitcoin's utility and stimulates usage. In the end it's the usage that matters, and the more use Bitcoin enjoys, the more value it will gain. Long term speaking Lightning will stimulate usage and that in my opinion will be the main thing to look forward to.

Short term speaking, and I am sure we'll get at least one of them live this year, are either ETF's or coin backed funds to look forward to. Mainly the coin backed funds will be a major bullish trigger because of how they actually hold crypto assets as underlying value, which can't be said about options, futures, ETF's, etc. With enough of these coin backed funds around, the supply will shrink to such degree, that we will blast through $100,000 comfortably.