Viewing a response to: @doctorjohn/bitcoin-at-all-time-highs
People need to understand that more news surrounding Bitcoin the more people get curious about it. Then a friend or two buy a little and the price goes up. More people get curious as they hear about this. Then they bite the bullet and purchase a little, stick it in a wallet not to be traded but for long term investment. This constant increase in curious people buying a little here and there adds up quickly and it shrinks the available pool of coins to trade. Most new crypto investors are going to stick their coin in a wallet and hold very long term. This helps support increasing prices.
post_id | 17,900,891 |
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author | thedarkhorse |
permlink | re-doctorjohn-bitcoin-at-all-time-highs-20171116t231030733z |
category | bitcoin |
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created | 2017-11-16 23:10:30 |
last_update | 2017-11-16 23:10:30 |
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cashout_time | 1969-12-31 23:59:59 |
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root_title | "Bitcoin at all time highs" |
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doctorjohn | 0 | 23,277,926,479 | 15% | ||
thedarkhorse | 0 | 8,944,213,711 | 100% |