And The Little One Said…

Posted by GTES Exchange
Last updated 26th July 2020
reading time

  • And The Little One Said…

    Bitmatters Reaction Post

    Regarding an article published on 25th July 2020 by Crypto News Flash. Click Here to read the full article.

    If US Banks allocated just 1% of their clients assets to Bitcoin the price would double.

    The more subtle point is that one NASDAQ stock, Grayscale, already owns 2% of Bitcoin currently mined. Grayscale would be a big beneficiary and become a darling stock for the new bread of app based retail stock market investor. This is where multiplier effects come into play.

    Institutions are likely to allocate along side the banks because of retail interest in Grayscale. This means Bitcoin could be valued at USD 1 trillion. This valuation translates into a price for Bitcoin of USD 50,000 (5 times higher than currently).

    Multipliers tend to multiply. If all the privately managed capital follow the institutions and allocate 1% to Bitcoin then its market value could rise by as much as 22 times the current price.

    How much you believe in the multiplier is up to you but you have to make sure you allocate to Bitcoin in proportion to your belief.

    And The Little One Said…
  • Can We Help You?

    Are You Looking To Buy Or Sell Crypto Currency But Are Unsure Of The Safest & Most Secure Way to Go About It? We Can Help You.

    Can We Help You?
  • Is This You?

    Are You Looking To Safely & Securely Buy Or Sell Crypto Assets?

    Is This You?
  • Please clearly detail the reason you are requesting a call
  • This field is for validation purposes and should be left unchanged.

Submit the onboarding application below prior to submitting your KYC details, and await onboarding approval and acceptance.

Simply add your first name and email address below, and we'll add you to our GTES email database. We'll update you with GTES news and announcements, whilst also keeping you updated when programs, transactions, and opportunties become available.

If you want to speak to GTES about a specific transaction, you can use the request a call feature.

  • This field is for validation purposes and should be left unchanged.