Prsent price is not indicative of real value if an asset has not sufficiently changed hands
#bitcoin $btc is a perfect example of this. Institutions know about the 2% addresses belonging to blue whales who hold 98% of the btc supply
Institutions are not there to buy these bags
If Bitcoin was a payments company this would be its sales...
Total fees paid to miners by year:
2010: $3.8k
2011: $33k
2012: $66k
2013: $2.2m
2014: $2.5m
2015: $2.3m
2016: $13.6m
2017: $555m
2018: $296m