pull down to refresh
0 sats \ 2 replies \ @2bithits 18 Jun 2023 \ on: Lyn Alden makes the case *against* diminishing returns bitcoin
Friendly reminder that it may not.
Reasons:
- Mt Gox dump
- CCP dump
- US gov dump
- one blockchain dump (that Dan Larimer sh$tcoin)
- GBTC dump
All of these have 10's of thousands of BTC. Some have more than 100k. Illiquid supply is not a good metric as someone can send 100k BTC in 1 transaction to an exchange & fat finger.
These can only do it once, but something to keep in mind & not to get too large of an expectation for the coming bull market
My expectations are beyond bullish, but it doesn’t matter what I think since I won’t be selling anyway ¯_(ツ)_/¯
reply
deleted by author