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RE: Short-term Profits and Long-term Gains

in #cryptocurrency7 years ago

Excellent work! For those interested, check it out here:

Net dollar wealth bands compared to bitcoin wealth bands, and projection of cashflow into bitcoin over the next 12 months.

To your comment:

(I am not actually sure anybody reads these things).

Expecting people to see your content without building a following is like tweeting to no followers. No one will see it. It takes many months and many thousands of comments and posts (I'm up over 8,000 myself over a year) to build a following. If you continue to put out content people value and leave informative comments like this, you will find your follower count grow, but it doesn't happen over night. Good luck!

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Thank you, Lukestokes, for the words of encouragement. It's encouraging to have followers. The study was done firstly for my personal benefit to reach a rational conclusion about where the future bitcoin price might go. The evidence is that with much less than 1% penetration rate in all but the highest wealth bands, there is a long way to go. Sharing the study with others is my pleasure. I am glad that you enjoyed it. I also appreciate a comment from someone of your reputation which carries more weight than many of the comments on steemit!