Viewing a response to: @flojo99/re-haejin-bitconi-btc-morning-update-don-t-confuse-the-trees-for-the-forest-20180225t143448696z
Ask yourself how likely it is that new demand will enter the picture - whether that be from individuals in developing nations as is often possited as a growth driver, or the potential for 'institutional money'. If you think there will be buyers to outstrip suppy then the price will increase. If not.....
| post_id | 35,128,538 |
|---|---|
| author | epppodcast |
| permlink | re-flojo99-re-haejin-bitconi-btc-morning-update-don-t-confuse-the-trees-for-the-forest-20180225t145610338z |
| category | bitcoin |
| json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
| created | 2018-02-25 14:56:15 |
| last_update | 2018-02-25 14:56:15 |
| depth | 2 |
| children | 1 |
| net_rshares | 0 |
| last_payout | 2018-03-04 14:56:15 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 304 |
| author_reputation | 4,617,899,153 |
| root_title | "Bitcoin (BTC) Morning Update: Don't Confuse the Trees for the Forest" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
Don't forget that available supply also matters. The vast majority of supply is held by just a few individuals, and the way they decide to sell or hold effectively determines the available supply. If they hoard, prices rise. If they dump, prices fall. Until they have unloaded a lot more of their stakes, we would need to see orders of magnitude of shifts in demand to offset the whales' potential for supply manipulation.
| post_id | 35,164,417 |
|---|---|
| author | waygreenergrass |
| permlink | re-epppodcast-re-flojo99-re-haejin-bitconi-btc-morning-update-don-t-confuse-the-trees-for-the-forest-20180225t183045787z |
| category | bitcoin |
| json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
| created | 2018-02-25 18:30:45 |
| last_update | 2018-02-25 18:30:45 |
| depth | 3 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2018-03-04 18:30:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 424 |
| author_reputation | 43,428,794,842 |
| root_title | "Bitcoin (BTC) Morning Update: Don't Confuse the Trees for the Forest" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |