New money into BTC?

[gkv9]

The marked cap for BTC have increased from 60 to nearly 120b$ since september. In the meantime, the total market cap (BTC excluded) is somehow stable, only 10b$ have gone out of altcoins in the same period.
Where do you think the money that goes into BTC comes from? Margin trading? New money?
Do you know something by fact and a link that can support it

Some big dogs are shifting their portfolios from other valuable assets to Bitcoins...
Forex traders, Gold, Silver and other metals and commodity traders are now trading Bitcoins too just because they got their attention dragged from these slow-motion assets to such an explosive-return providing currency that gained nearly 7x during this year, and more than 70000 times its initial value...
Those who still don't know about Bitcoins will surely go out of their senses once this giant bursts above some extremely superstitious levels which none of us have even dream of...

[contecsion]

The formal recognition for bitcoin is unavoidable. Current volume of daily transactions with huge bitcoin. Countries are beginning to legalize bitcoin. The future of bitcoin is very good.

[btcmayumana]

It's simple, the reason is bitcoin is the hot topic in various mainstream media and various investor compared with ETH or altcoin. Also, most ICO require BTC,ETH or other major altcoin and most altcoins are joke where it's only used as short-term investment.

yes it is true, news coverage in the media has a tremendous impact on the people who just joined bitcoin. And convert their money to bitcoin.

[chr.rit]

More of the new money is more than likely new adopters with seeing how much the price is increased more and more people are starting to invest in bitcoin. Over time that will probably move towards altcoins too.

oh I hope so very much!

and it is not only the money and the incredible returns itself. it's the media/the news as well who pick up on this incredible story. and i believe similar to other areas before (Blue Ray, VHS) it is not necessary the best who will win this race but the first, the most famous and the most mentioned. This is clearly BTC far before any other cryptocurrency!

[layoutph]

I guess the new Bitcoin volume comes from the new buyers, not just new buyers but huge whalesj, probably there are people with public influence. Remember the time when BTC dumped to 3000 when it was hit by China fake news? Many people bought Bitcoin. Another reason, many hedge funds are now invested to Bitcoin.

The marked cap for BTC have increased from 60 to nearly 120b$ since september. In the meantime, the total market cap (BTC excluded) is somehow stable, only 10b$ have gone out of altcoins in the same period.
Where do you think the money that goes into BTC comes from? Margin trading? New money?
Do you know something by fact and a link that can support it

[xandriel]

The marked cap for BTC have increased from 60 to nearly 120b$ since september. In the meantime, the total market cap (BTC excluded) is somehow stable, only 10b$ have gone out of altcoins in the same period.
Where do you think the money that goes into BTC comes from? Margin trading? New money?
Do you know something by fact and a link that can support it

One of drivers for BTC is raising of number and popularity of ICOs. The invest lots of money for advertising - and involve new people in crypto economy. Newcomers need btc to invest in ICOs. In other hand, people who have btc don't sell them much.

Humm, Maybe I don't agree with your point of view. I think newcomer who wanna join ICOs, they will buy ETH. Because most of ICOs project mobilize capital by ETH. I think there are some new whales, new sharks wanna pump price.

[wangxiaoyan888666]

Yes, the new funds are heating pull high bit coin.

Bitcoin is more and more popular, it is the price to attract more investors

[Daniel91]

I believe that the market opened in Japan and China and that a large number of investors from these areas invest in bitcoin.
Bitcoin is now ''big'' news and everybody talking about it, even in official media channels.
Bitcoin has become very popular because of its great profitability in a very short time, and this is the reason for the large number of people entering bitcoin in a very short period of time, specially Japan and China.

[dasdo]

Simply more and more will learn about bitcoins, about their prospects and popularity, about their technologies. People see the results and want to bite off this pie and their share. So it's not surprising that capitalization is growing.

[moooonu]

As we are watching btc going to the moon. People wants bigger returns on their money which are very hard in case of other coins. As they are too much volatile. BTC is the only coin which is increasing steadily and people are getting bigger returns as well as have bright future in coming years.