mindaugasii on Nostr: Think logically. Who in their right mind will sell a finite asset at any price at all ...
Think logically. Who in their right mind will sell a finite asset at any price at all for any reason other than hunger? Nobody.
It is just whales playing their bs political socialist games and games of "honor" in between them. And they are not decentralized competing entities. There is no open market. P2P trade is only like dogs following the caravan accross a desert, or else they'll struggle with water and food. The price is what it is because the whales set it such. Their only real limiting factor is they cannot erase nor confiscate bitcoin completely. So they know they have to live with it. Everything else, including current price they control with only their guns and masses of normie meat (not yet amount of bitcoin) determining which one of them has the final say.
It is just whales playing their bs political socialist games and games of "honor" in between them. And they are not decentralized competing entities. There is no open market. P2P trade is only like dogs following the caravan accross a desert, or else they'll struggle with water and food. The price is what it is because the whales set it such. Their only real limiting factor is they cannot erase nor confiscate bitcoin completely. So they know they have to live with it. Everything else, including current price they control with only their guns and masses of normie meat (not yet amount of bitcoin) determining which one of them has the final say.