Post
Topic
Board Bitcoin Discussion
Re: What Happened To Bitcoin’s Promised Influx Of Institutional Investors?
by
lighpulsar07
on 09/12/2019, 22:51:56 UTC
The price of Bitcoin rose too much in December 2017. Everyone around the world started talking about bitcoin. Now popularity has declined. Corporate capital is afraid to invest in a commodity that is rising too much. We attributed the decrease in bitcoin price to this reason. Or that was our way of being distracted. Now where are these corporate investors ??
Well the reason of epic bull run of 2017 is FOMO (fear of missing out) i think that it started when the price bitcoin rose to 3k and from there it rose very quickly and reached to 20k and the reason why bitcoin crashed due to people can't affird it anymore.