Good News For Bitcoin & Alt Coins

in #bitcoin • 7 years ago

Bitcoin has dropped below $8K today. Here are some good news about BTC

1- Robinhood opens up for Crypto investors and there are about 1 Million New Inevstors. New Capital is back-bone of Crypto's. This means an increase in Market Capital and an increased demand of crypto's, thus price hike.

2- Japanese Banks are opening cryptp's officially for their nationals, yet again new investors jumping in

3- Bitrex opened USD deposits. What does this mean? If i see myself back in time when crypo's were new, it was difficult to buy BTC with USD, now after coinbase, bitrex is going to solve this for people. This itself means, more new investors.

I am yet again confirming new investors and investments in Crypto in year 2018. Are you still scared? Do not be scared, more capital is on the waybtc.jpg

#litecoin #cryptocurrency #crypto #steem
7 years ago in #bitcoin by
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     7 years ago 

    Don't forget - bitcoin futures have far more long than short positions this month (a stark contrast to the last period) which means Wall St is betting on BTC increasing in value - let's not underestimate the effect this could have!

    https://www.finder.com.au/cftc-report-hedge-funds-go-long-bitcoin-futures

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     7 years ago 

    I'm hopeful all will be well in time and am still buying litecoin to hold

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