Post
Topic
Board Speculation
Re: Can Bitcoin sustain a high price? Does my math check out? Is this valid logic?
by
Denker
on 21/06/2018, 13:51:25 UTC
Just to give you perspective of how much money is out there.
Gold market - 7trillion USD
Global stock market - 70trillion USD
Global money supply (broad money) - 90trillion USD
Global real estate - 220trillion USD
Offshore tax haven accounts - 30trillion USD
Derivatives market - freaking huge!!!!!

There is enough money out there to push Bitcoin to crazy highs!
That's the last thing I'm worried about. It's just a question of time.