Liquidity Shortage

in #bitcoin6 years ago

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Liquidity Shortage

Was is it? Why should you care?

Investopedia defines liquidity as the ability of an asset to be converted into cash readily on demand.

What factors affect the shortage of liquidity of bitcoins?

Inability to access exhanges
Lack of Acceptance
Lack of ATMs
Inability to obtain payment cards
Lack of Government Regulations
Ignorance of what bitcoin is.

Haejin Lee has stated on this platform that "... what could drive BTC to these levels of six figure price....liquidity shortage!"

Ask yourself something. Is it becoming easier, or more difficult, to get cryptos out of exchanges for fiat?
Can you spend your bitcoin for the most basic purchases yet?
Do government regulations protect you, or just the established big banks?
How many around you understand what bitcoin is?
When I answer these questions, my conclusion is certain:

You should prepare yourself for an astronomical increase in the value of bitcoin...and soon. On the big picture, the bear trap is almost done. I predict that if you buy now you won't be sorry.

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Institutional investors are always late to the party