Bitcoin [BTC] can finally get larger financial market exposure in 2019, claims Tuur Demeester

2019-5-9 00:30

Since the beginning of 2019, Bitcoin [BTC] has witnessed a break from its price trends over the long term crypto winter of 2018. Bitcoin has recovered around 50% of its value since the start of 2019 and at press time, was priced at $5878.61.

Such significant growth is an encouraging sign for Bitcoin’s future. In face, one popular crypto-proponent has commented that the price movement could indicate the beginning of accumulation.

Tuur Demeester, Founding Partner at Adamant Capital, stated that accumulation of Bitcoin started after the capitulation period in November. He mentioned there was a lot of positivity surrounding the market during that time and then, when capitulation took over and the prices were slashed, significant coin movements were recorded by Coinbase and other exchanges as well.

He stated that this was a very similar situation to that witnessed in 2015.

However, he conceded that market sentiment had changed and crypto users had moved on from hoping over capitulation to accumulation.

Tuur argued that the scenario was much more positive for Bitcoin [BTC] since large financial institutions were getting involved in the crypto space. New York Stock Exchange [NYSE] was going to own its own Bitcoin [BTC] platform, Fidelity was going to offer crypto trading in the next weeks, implying that Bitcoin would finally get real exposure to the larger financial market.

During the interview, Demeester was queried if the emergence of Altcoin ICOs affected the price of Bitcoin back in 2017. Tuur stated that Bitcoin was looked upon as a funding mechanism to get into exchanges in 2017. He said that the rapid price surge made him uncomfortable when Bitcoin went above the $5000 mark in mid-2017.

He believed that much of the mania which triggered the bull run to drive up the Bitcoin price was also due to the ICOs and rumors and speculations that emerged over that particular time period.

The post Bitcoin [BTC] can finally get larger financial market exposure in 2019, claims Tuur Demeester appeared first on AMBCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 71099.41 (-0.12%)
Объем 24H $51.866b
Изменеия 24h: 6.59 %, 7d: 14.85 %
Cегодня L: $68995.48 - H: $71441.63
Капитализация $1400.749b Rank 1
Цена в час новости $ 6099.67 (1065.63%)

bitcoin 2019 btc demeester tuur get claims

Источник: ambcrypto.com

bitcoin 2019 → Результатов: 126


Bitcoin Independence Day, 15th November 2019: Bitcoin SV: the fastest growing blockchain, ever

15 November 2019 marks one year since Bitcoin SV [BSV] emerged in the world’s first Bitcoin hash war, to declare independence for original Bitcoin. After years of BTC and BCH protocol developers devThe post Bitcoin Independence Day, 15th November 2019: Bitcoin SV: the fastest growing blockchain, ever appeared first on AMBCrypto.

2019-11-17 21:00


Bitcoin Independence Day, 15th November 2019: Bitcoin SV- the Fastest Growing Blockchain, ever

15 November 2019 marks one year since Bitcoin SV (BSV) emerged in the world’s first Bitcoin hash war, to declare independence for original Bitcoin.   After years of BTC and BCH protocol developers deviating from the design of Bitcoin’s creator Satoshi Nakamoto and artificially restricting Bitcoin’s capabilities, BSV is restoring the “Satoshi Vision.

2019-11-17 11:09


Фото:

Bitcoin, Ethereum, альткоины — Обзор криптовалют — 25/09/2019

Очередной раз рынок напомнил краткосрочным спекулянтам о важности выставления защитных приказов. Обвальное снижение за сутки, в результате которого капитализация снизилась на больше, чем 15%, доставило приличный дискомфорт многим участникам.

2019-9-25 11:53


Фото:

Bitcoin, Ethereum, альткоины — Обзор криптовалют — 2/08/2019

Со среды основной показатель криптовалютного рынка прибавил порядка 5,5%. Сейчас капитализация находится в районе $283 млрд. Спрос на цифровые активы точечный. Преимущественно, увеличение капитализации рынка происходит снова за счет BTC.

2019-8-2 11:59


Фото:

Bitcoin, Ethereum, альткоины — Обзор криптовалют — 24/07/2019

За последние два дня криптовалютный рынок потерял порядка 7,9% своей капитализации. Сейчас показатель находится в районе $267 млрд. Торги проходят на невысоких объемах при низкой волатильности.   Наш индикатор BC 10 Index потерял 7,1% , опустившись до значения 163 пункта.

2019-7-24 12:49


Фото:

Bitcoin, Ethereum, альткоины — Обзор криптовалют — 22/07/2019

На криптовалютном рынке боковик. Торги проходят на небольших объемах при низкой волатильности. С пятницы показатель капитализации прибавил 1,7% и к текущему моменту находится в районе значения $290 млрд.

2019-7-23 16:16


Could Bitcoin’s Dominance Reach 80% In 2019?

The top valued cryptocurrency, bitcoin (BTC), has continued to catch the attention of old and new investors alike. Most people holding altcoins also have a piece of the bitcoin (BTC) pie. As a result of this, a new report released by Binance Research – Institutional Market Insights, Q2 2019 – recently released may not be […] The post Could Bitcoin’s Dominance Reach 80% In 2019? appeared first on ZyCrypto.

2019-6-28 22:32


Фото:

Bitcoin, Ethereum, альткоины — Обзор криптовалют — 19/06/2019

Картина рынка в целом за последние два дня не изменилась — bitcoin задает динамику, а менее ликвидные монеты повторяют ее в тех или иных вариациях. На фоне нейтрального новостного фона и средних объемов, наблюдается боковик.

2019-6-19 12:20


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum clears THIS key hurdle: What’s next for ETH’s price?

Ethereum’s price only moved marginally in the last 24 hours.  Market indicators hinted that Ethereum’s bull rally might resume soon. Ethereum [ETH] successfully broke above a bullish faThe post Ethereum clears THIS key hurdle: What’s next for ETH’s price? appeared first on AMBCrypto.

Ethereum whale accumulates 15K ETH: Will this finally help prices?

Ethereum whales increase holdings, but network growth slows. ETH gains slightly, but investors hold out for a $4k milestone. Ethereum[ETH] witnessed a significant uptick over the last few daThe post Ethereum whale accumulates 15K ETH: Will this finally help prices? appeared first on AMBCrypto.

XRP holders dump tokens: Will price drop below $0.50 now?

The price of XRP could drop to $0.48 after a ton of holders sold the token. Volatility spiked, network activity slumped, indicating that recovery Addresses with 100,000 to 1 million XRP haveThe post XRP holders dump tokens: Will price drop below $0.50 now? appeared first on AMBCrypto.

Ripple records a strong Q1: What does the future hold for XRP?

Ripple made massive progress in Q1 in many areas. Development activity on the network fell. Ripple [XRP] saw massive fluctuations in terms of price over the last week. However, the progress The post Ripple records a strong Q1: What does the future hold for XRP? appeared first on AMBCrypto.