This mean that huge money from huge banks are coming soon to Bitcoin ecosystem. Guess, what does it mean?
It means that soon BTC price will skyrocket! Keep in mind that Goldman Sachs and other huge banks are managing many trillions of dollars combined. So, even if just 1-2% of their money under management are invested in Bitcoin then that would mean exponential growth of BTC price!
Watch the video below:
The BIG question I have is will the banks try to "own" BTC ?
If they try to "buy" it the price will rocket as you say.
They may try to "kill" BTC first (via main stream media).
But you are 100% correct once the current 'players' and venture capitalists jump to BTC and other coins, the market will boom.
I saw one report of $100K BTC.... who knows?
but steem is a FAR bigger platform & better chain then BTC.
eg steem are already hitting 1million transactions, compare that to the BTC chain. and it early days for steem ATM.
I think Goldman Sachs customers are going to request to buy Bitcoin for them. This will drive price up exponentially
I agree the 'public' demand will be there. the question is if the 'bankers' will support it.
Everyone saw the dotcom bubble burst, I'm expecting the bankers to try & sell crypto as a bust scenario without a boom. Only because the bankers do NOT want it to succeed, as it puts them out of business!
At some point that will flip, but bankers will want 'regulations' etc in place.
In the mean time ....... :-)
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