1/ Why Bitcoin may be going through a "Supercycle"
This time is different: COVID, Gold 2.0 narrative, institutional herd, and ease of use have set a new stage.
Instead of a normal bull/bear cycle, Bitcoin would break convention and enter a “Supercycle”
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#Bitcoin is an engineered monetary network. The first of its kind. A paradigm shift in the history of money. Everyone needs it, no one can stop it, few understand it. We are still early.
https://t.co/ivN3iAOjtX
The CEO of the world's largest asset manager, @blackrock, has said bitcoin has "caught the attention of many" and could evolve into a global market asset.
Report via @sebsinclair1989
https://t.co/LQEiYgpVI0
You are wondering who is buying bitcoin at 18k ?
Greyscale added 10550 btc to their custody in the last 24h. As comparison: the miners can mine only 900btc in one day.
#Bitcoin
OPINION: "Bitcoin is unlike any other asset we have encountered before. This is a truly sound and global wealth network that will continue to grow as the world recognizes the significance of its properties," says @hfangca@OKCoin.
#Bitcoin#btc
https://t.co/CH2IdoxtiL
Consumers aren’t paying attention to #Bitcoin in any meaningful numbers. When they really start buying in big numbers there simply won’t be enough to go around. It’s going to be nuts.
Big Milestone. The #Bitcoin Fund by @3iq_corp that trades publicly on the Toronto Stock Exchange under $QBTC.U, just passed the $100 million mark. Onward!