The Director of the Digital Currencies Group predicts this year's fluctuations much higher than we saw in 2017, writes Business Insider.
A few weeks ago, bitcoin was traded at more than $ 20,000, and at the end of 2017 the price dropped to $ 11,000. This decline was followed by another increase, Saturday bitcoin reaching $ 14,270.80.
Meltem Demirors, the director of the Digital Currencies Group - an investment company that invests in exchange and blockchain-based business - believes that the moment of a virtual currency price explosion is almost because Wall Street investors will invest their bonuses in cryptomonas .
"If Wall Street bonuses will enter investors' accounts, we will see a frenzy on the market of epic-sized criptomonas on January 15," Demirors wrote on Twitter.
The beginning of the year is a period in which Wall Street investors can exert their influence through bonuses, many choosing to "bets" their extra income.
Bonuses in mid-January totaled $ 138,000, as can be deduced from New York State Contributor Calculations Thomas DiNapoli.
Twenty years ago, The New York Times wrote about the fact that car dealers in New York City benefited massively from Wall Street bonuses.
"They are young, aggressive and can make spontaneous decisions," said a car dealer. "They came to see what we got in the inventory and when they got bonuses - bingo."
In 2018, there is a possibility that the cryptomonas market will grow strongly as a result of Wall Street bonuses.
"The young people looked close at the edge, investing a few thousand out there, a few hundred on the other side. The bonus season means some additional money that can be invested in the crypt. Prepare for an explosion, "says Demirors in an interview with Business Insider Deutschland.