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RE: It's official, cryptocurrencies are coming to Wall Street!

in #cryptocurrency7 years ago

I really dont have an idea what is the amount of "dumb money" in Crypto , or lets say Bitcoin, but I would guess that it is substantial. Bitcoins market cap is ~200 B. If people with deep pockets decide to corner the market I dont think it will be that hard to do.

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What will happen is that other coins will just start growing faster. Remember this is not oil, gold or some other commodity. This is something that the billions of un-banked people around the globe will be involved in on all levels like mining, development and trading. This is truly a game changer in the realest sense of the word.

I guess you have a good point. Lets wait and see :)

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