Bitcoin sharing the stage with gold and silver?

[noel watson]

Hello everybody!

Now that the bear market is fully underway for conventional stocks do you share my belief that at least some of the money from the bailout will land in the coffers of not only gold and silver but also bitcoin and other cryptocurrencies?

As the entire crypto market cap is tiny in comparison to that of the combined stock market wealth even a small percentage finding its way into the crypto space would have a substantial effect on crypto price action.

 

[Xevield]

This is very interesting question. I think that answer is yes as I also expect at least BTC to become slowly safe-haven for investors. BTC is still lacking stability and price predictability in order to be in wider use for this purpose