MISSION STATEMENT
Make BBH the most profitable income token on Hive for its holders.
BBH INCEPTION - 25TH NOV 2020
BBH RELEASE PRICE TODAY: 0.00216 HIVE
Bitcoin Will Reach $1 Million
I have not done a post with much sourcing or quotes in a long time but this post caught my attention today.
Prediction: Bitcoin Will Reach $1 Million Because of This Little-Known Phenomenon
There is some great information so read the full article.
Here are some highlights.
What are institutional investors?
"Institutional investors are organizations that invest money on behalf of their clients. These include pension funds, retirement plans, sovereign wealth funds, and hedge funds, among others. Essentially, they manage and invest vast sums of money."
What kinda money and price effect on Bitcoin?
"based on recent studies claiming that a 5% allocation is the ideal amount of exposure, we can begin to estimate the potential impact of institutional investors. With 5% of the vast $129 trillion in assets they manage, Bitcoin's market cap could soar to more than $7 trillion and its price beyond $400,000."
"some analysts argue that a 5% allocation might be too conservative. Most notably, a recent ARK Invest study suggests that the ideal exposure level should be closer to 19%. If this were to occur, Bitcoin's price could soar to over $1.3 million."
1.3 Million for one Bitcoin. Spit in the bucket at the moment.
game theory
"rational actors, in this case, institutional investors, will strategically act in their best interest based on the actions of others."
"
As institutions observe their peers reaping the benefits of Bitcoin investments, they will inevitably face pressure to join the fray or risk being left behind in the race for returns. This dynamic, driven by the desire to outperform peers and secure maximum returns, will likely fuel a surge in Bitcoin adoption and investment unlike any we have seen before."
So what does all this mean? We have not seen anything for price when it comes to crypto. As Bitcoin goes, other crypto follow.
And once this happens with Bitcoin, people should learn about Hive quicker. Watch out then.
It is about the future, the long game, if you are not here on Hive and InLeo for the longhall, I believe, you are missing the point.
Bradley
WHAT IS DRIP DAY
Every Saturday is drip day. Now if you are not a regular reader of mine you are wondering what is drip day.
I run a income token and tipping bot all in one. The token is BBH. Every Saturday I payout the people holding BBH tokens. Passive income if you like. I like to call it a 'drip' of a token(s) to the people that own BBH tokens. And unlike some all you have to do is own it. No staking, no nothing.
If you own 10 or more BBH tokens you got a drip of swap.hive.
If you own 5,000 or more BBH tokens you got a drip of swap.hive and the Alive token, and CTP Tokens.
If you own 10,000 or more BBH tokens you got a drip of swap.hive, Alive, CTP, and $LEO tokens.
All just for owning BBH. There are two ways you can get BBH. First you can buy them from the open market. I use TribalDex myself.
Or they can be tipped to you. The great part about BBH tipping is that when you tip a token to someone else you do not loose any of your own. There is a central pool that supplies them.
And a third way to get BBH would be people gift them to you.
And now a forth way to get BBH with the BBH Miner.
It does not get any better than that.
Bradley