brock on Nostr: I think it is an important question as to WHO are the long term hodlers who are ...
I think it is an important question as to WHO are the long term hodlers who are selling.
Perhaps some of the buyers in 2013(ish) who are now selling were not interested in price appreciation. Perhaps they were accumulating a reserve to try to manage future volatility.
Say whatever you want, I absolutely don’t believe that long-term, authentic bitcoin hodlers are selling here because it goes against the obvious halving market cycle timing. I believe anyone selling in bulk here is trying to suppress price.
Perhaps some of the buyers in 2013(ish) who are now selling were not interested in price appreciation. Perhaps they were accumulating a reserve to try to manage future volatility.
Say whatever you want, I absolutely don’t believe that long-term, authentic bitcoin hodlers are selling here because it goes against the obvious halving market cycle timing. I believe anyone selling in bulk here is trying to suppress price.