Why Nostr? What is Njump?
2024-08-10 15:25:38
in reply to

bitcoiner7 nym on Nostr: I'm afraid it's not that simple. I have seen this type of estimate many times. But is ...

I'm afraid it's not that simple.

I have seen this type of estimate many times.

But is it true that, if an additional trillion dollars of capital gets invested in Bitcoin, then the Bitcoin market cap goes up by the same amount?

I do not think it is necessarily so.

How the price will react to an additional trillion of capital inflow, depends on liquidity, market depth, willingness of holders to sell.

It may go up a lot, or a little, but not necessary by the amount needed to increase Bitcoin market cap by a trillion.

At least that's what I think.

Happy to discuss.


Author Public Key
npub13qmz34g8fpkhpavfsx6wq00u4nhu28w5aa787r05q3f6zkpj9jzqtt55wf