I think it's getting momentum, specially with ETFs buying like 10x the daily mining... I personally like to keep track on the average bitcoin balance on exchanges and gess what? It's falling like a rock...
But sure, nobody knows.
Does anyone have any ideas regarding whether #bitcoin will continue to produce 100-150% averaged yearly returns in the medium term?
On the one hand, I get the smaller downs, smaller ups argumentation.
On the other hand, it's almost exclusively been autists, nerds, and libertarians who have supplied buying pressure up until very recently, and now we're knocking on the door of its being "part of a well-balanced portfolio" for hedge funds, pensions, nations, and large cap multinational corporations, etc.
This will bring a tsunami of capital this asset has never dreamed of.
What say you, panel?
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