Quote:
Originally Posted by jscott
That vast majority of Bitcoin supply is stored off exchanges and doesn't move, which means your theory is factually bullshit. People buy Bitcoin to save it, as it has proven to be the best savings technology in human history. If you would like to read and learn about that data, check here: https://medium.com/coinmonks/70-of-a...r-89fa289dc048
and another article: https://www.coindesk.com/markets/202...rd-high-of-70/
source: https://studio.glassnode.com/metrics...00611200&zoom=
@adultinnovation you've been saying the same bullshit about Bitcoin for over 10 years since it was $100 when will you give up and admit that your comments have been completely wrong and you lack the knowledge to give any advice on Bitcoin?
I don't think you really understand the math & logic behind Bitcoin paring with any fiat currency (BTC finite vs fiat infinite). Seems like you refuse to learn it, squash that ego as it has done nothing but hold you down. YOU CAN DO ITTTTTTT
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The BTC haters will never take the time to try and understand. They're mostly sour they've missed out on all the incredible profits and it's easier to call it a ponzi and pretend they know what they're talking about, than to admit they're wrong.
It's great to see all the newcomers, both in BTC and the new crypto ETFS: GBTC, IBIT, BITB, et al