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Bitcoinist
2019-10-23 12:30:51

Bitcoin ‘Needs $100M Positive Interest Per Week’ To Keep $8K Price

Bitcoin must attract a giant $2.88 billion in net positive demand if it is to keep its $8000 price in the run-up to the block size halving event. Demeester: Bitcoin Halving Run-Up Needs $2.8B That was according to Adamant Capital founding partner and commentator Tuur Demeester, who this week offered an alternative perspective on Bitcoin’s short-term price potential. In a tweet, Demeester noted that under the current 12.5 BTC block reward, positive demand would needRead MoreThe post Bitcoin ‘Needs $100M Positive Interest Per Week’ To Keep $8K Price appeared first on Bitcoinist.com.