Thank you for the update on the analysis. It appears that speculators with low conviction are being flushed out. Focusing on the long term innovation, and inevitable shift to decentralization seems to be the best bet.
The coins moving onto exchanges come primarily from Binance, a primarily derivatives driven exchange. If we want insight into the net movement of BTC to exchanges, surely we want to seperate at those ones that pertain to trading and those that pertain to hodl stacks. Dilution proof mentions just that here: https://twitter.com/dilutionproof/status/1396752489123356672
Thank you for the update on the analysis. It appears that speculators with low conviction are being flushed out. Focusing on the long term innovation, and inevitable shift to decentralization seems to be the best bet.
“ Overall, it seems that retail is accumulating while whales sell-off.” Isn’t that a bad/bearish sign? “Smart” money selling?
Not ideal for sure.
The coins moving onto exchanges come primarily from Binance, a primarily derivatives driven exchange. If we want insight into the net movement of BTC to exchanges, surely we want to seperate at those ones that pertain to trading and those that pertain to hodl stacks. Dilution proof mentions just that here: https://twitter.com/dilutionproof/status/1396752489123356672
Thank you pomp, i have always had one question and i hope to get the answer from you.
what will happen to the price of bitcoin when all the 21M coins are fully mined?
when do you think the 21M coins will be fully mined?
i hope i get an answer... thanks
In 2140