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10 sats \ 1 reply \ @piecover OP 3 Dec \ parent \ on: If the US gvt actually did start printing USD to buy Bitcoin Would USD fall? conspiracy
Btw 100x from here doesn't mean we need 100x more money coming in. Bitcoin has a multiplier effect, if enough holders refuse to sell bellow $10Million then buyers need to simply raise their bid above it.
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59 sats \ 0 replies \ @freetx 3 Dec
Yep. I guesstimate that the multiplier effect is probably around 5-6x. At least thats what ETF money vs Market Cap has shown this year. (total ballpark calculations on my part)
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