How Much Money To Moon Bitcoin?
Learn to buy anonymous Bitcoin:
https://www.bitcoinuniversity.com/cou...
In this video, I discuss how capital inflows affect the price of Bitcoin.
Contrary to popular opinion, you don't need inflows of $500 billion in order to double the market cap of a $500 billion asset like Bitcoin. In fact, you may require far smaller inflows, since price is set at the margin and the average Bitcoiner is not willing to sell his Bitcoin at any price.
The real question is not "how much money does it take to moon Bitcoin?"
The real question is "how desperate will people become as they see very high and long-lasting inflation worldwide?"
How much monopoly paper funny money will people want to convert to scarce digital gold nuggets?
The answer is 100%
Every last cent of fiat will be seeking a home in Bitcoin before we're done.
Bitcoin is the apex predator of money and will consume everything.
Not investment advice! Consult a financial advisor.
Firms interested in Bitcoin hold $27 trillion in AUM:
https://twitter.com/melt_dem/status/1...
Bitcoin held on exchanges drops to lowest in over 5 years:
https://finbold.com/bitcoin-held-on-e...
Stanley Druckenmiller's conversation with Paul Tudor Jones about Bitcoin:
https://thehustle.co/stanley-druckenm...
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#bitcoinprice
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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