Large Investors Become Major Bitcoin Buyers

Forex Forecasts

Currencies / Bitcoin
Jul 23, 2016 – 03:52 PM GMT

By: Chris_Vermeulen


The world has woken up to the fact that the Central Banks are a curse, rather than a boom to the global economies, and their time left is slowly coming to an end because of new technologies and currencies I talked about last week.

People are starting to park their money in digital currencies, like Bitcoin, rather than parking them in fiat currencies. This is primarily due to the Negative Interest Rate Policy as well as Zero Interest Rate Policy of the Central Banks, which explains the sharp rise in the price of Bitcoin, this year as seen in the chart below.

Billionaire resource investor, Carlo Civelli, believes that the Central Banks cannot get away with all the monetary printing. And I believe that the more they print, the more they push

Read more ... source: TheBitcoinNews