Source:https://9to5mac.com/2017/12/12/holding-strong-as-the-1-app-in-the-app-store-coinbase-makes-it-easier-to-signup-from-your-iphone/
https://news.bitcoin.com/survey-says-bitcoin-holders-wont-sell-until-well-over-100k/
Coinbase has had a crazy number of new people joining lately. Since Thanksgiving I had heard numbers of 100,000 people per day signing up.
Now we have Christmas and New Years coming. We can look to this as waves 2 & 3 for MORE people signing up for Coinbase. Al all this means one thing —- more people will buy : BTC, ETH or LTC.
People “crypto gossip” will be the rage over the holidays. This will drive more money. The CME Futures BTC contract will legitimize it for some people who are still cautious. So imagine the next 2-3 months and then you have the “tax wave” of new investors getting money back from Uncle Sam.
Want to see the relationship of Price to Coinbase sign ups ? Look below:
![997B8ECC-1F83-4207-902E-BA1CE135A400.png]
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Now imagine completing the graph to include : November , December and January? We already know that the BTC price doubled since the Oct/Nov sign ups (an of course all around the world — the US is just a contributor of course).
This holiday will bring the Innovator Stage (only 2% of people knowing about crypto) to the early adopter stage (4-6% knowing) ....and knowing leads to investing....which will lead to more growth.We have to stress there are only 21 MIllion BTC and 17.4 Million are mined/owned. —- so if people HODL — price goes up.
We are early folks....
People want to HODL for $100k BTC :-)
We shall see....much can happen and usually does.
Your thoughts?