Why BTC price matters.11 Oct 2021 11:14
In any new business the price and quality of new products matters, size of the market sector, annual growth and industry size. Revenue, goals, strategies are based around the potential market size, supply/demand and growing market and future trends. No matter how some may want to spin the case. In this case investors buying crypto asset BTC, and the global crypto miners, mining coins , and the circ. market size growing expotentionally. This is the current expectation of many crypto industry analysts.
QBT seeks to gain a slice, a %share, of this fast growing market. Supply and demand will always matter, the plain fact is “it matters”. This is business, this is a £75bn growing towards £100bn circ market size, and could reach £150bn with BTC market capitalisation back above $1Trillion for BTC asset. Overall Sector is near $2Trillion. If BTC price was low, mining companies could collapse. Profitability would be much lower. Price matters?- yes absolutely. It’s matters in any sector. It matters here, as the speed and size of growth in the market size, is significantly enormous. QBT will supply the miners with new effective tools to mine, but have intentions to be blockchain validators. TBA.
BTC price surge to new heights is in QBT favour, QBT market capitalisation will grow as BTC surges to new heights. Correlated. Else there is no point in this new business. The price surge matters, circ market size growth, global adoption, countries adopting, more Inst’s holding the asset, legitimisation of digital asset. They all matter.
Current val = £13.5m (sp@ 1.5p) BTC circ. market size near to £90Billion” monthly growth of £15bn for a tiny co is enormous.
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