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Amazing to see how people really did believe Uptober. After tons of selling the first few days marked a few days of buying but then the binance liquidation happened.

I was hoping the selling would slow down but it's going the other way.

Seeing quite a few notes like this. Treasures and ETFs were counteracting long term holders selling but we don't have that demand now

Jake Woodhouse 1mo ago

A decade will tire you out

I bought my first Bitcoin 10 years ago

Personally, I am just getting going

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Discussion

CitizenPleb 1mo ago

nostr:note149vna4tgxqgt4mmg6j0qzchm22qjjzdtsxur58a6n3yphzlxz0dsnau9x4

cuban 1mo ago

🔥

CitizenPleb 1mo ago

I mean, to each their own and big props to the OGs who had to eat mountains of FUD for over a decade. Hope they don’t get rid of everything but we’re here scooping it up.

cuban 1mo ago

Yeah, if you survived the block size wars and multiple exchange explosions and can set your family up ... Hats off to you

I'm hoping we get some support from companies buying because I don't think plebs alone can absorb this sell press

CitizenPleb 1mo ago

I think they’re feeling the same pressure as mNAVs slip below holdings.

Not saying they’re selling but capital raises might be diverted from acquiring bitcoin to buying back their stock.

cuban 1mo ago

Agreed for the small ones.

I meant it more generally though, not just treasury companies

CitizenPleb 1mo ago

Ah yes, see what you’re saying, and as you suggest, we’ll see if they come out more as the slump continues.