Scary chart. If you make “Store of Value” the key use case for Bitcoin, then when volatility is high and it’s not storing value well, demand drops. Why is this a surprise?https://twitter.com/btcnewsupdates/status/966735409488252928 …
You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
If more and more of “big money managers” allocate just 1% of their portfolios to crypto, one by one, over the next 3-5 years the space will grow to multi-trillions and will have great liquidity. They will do it IF ONLY just for diversification and decorrelarion’s sake!
That's a Ponzi Scheme, not Store of Value.
You can’t CHALLENGE existing status quo Store of Value / “Money” options without the new proposed alternative being volatile at first.
Re-read what I wrote and repeat "big money is not interested in low liquidity overvalued markets" until it clicks. Big investors don't gather in a room and say: "Let's provide people with liquidity and hope someone else does it for us!"
Retail, Devs, HNWI and HFs can collectively push it to a point where it becomes less volatile to bigger investors. They don’t need to all be in the same room, only a minority of them has to start doing it, in small amounts, one by one.
“Big Investors” aren’t collaborative but adversarial, fighting intensely for limited alpha. SOME of them will start to allocate and the rest will follow.
If enough speculators / diversifiers buy in over time, it becomes a self-fulfilling prophecy.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.