That's What Tuur Said

That's What Tuur Said

This is a summary of Tuur Demeester's Investor Newsletter. If you aren't familiar with Tuur Demeester, he is probably the only Bitcoin user who presented a conservative estimate for the bitcoin price based on Bitcoin taking over the largest markets of the world. The following information is from Demeester's 2013 San Jose presentation. Market Taken Over By Bitcoin. The New Price of One Bitcoin. 1% of Hedge Funds$1,230. Argentina leaves fiat for bitcoin$2,480. Gold owners trade 1% of their gold assets for bitcoin$3,500. Bitcoin Volume = 50% of the Black Market Volume$86,000. Bitcoin becomes....


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