Replying to Avatar Brisket

I think the new supply is having less of an impact on price. New supply to be issued is such a small fraction of the total supply in circulation.

I think there's also validity to the impact of global liquidity cycles has had on Bitcoin's price in prior cycles.

In terms of supply & demand impacting Bitcoin's price, I think we're moving into an era where demand plays a much bigger role. Demand is increasing exponentially from new adoption.

Everything about Bitcoin seems bullish right now except for the price. I just hope that this is from OGs selling rather than custodians/exchanges doing dodgy shit.
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TheGrinder 8mo ago

what they're also saying is, they do not care about the outstanding supply since 95% is generated and 5% will take over 120 years to get minted. NOW is the time for wall street to get involved, buy as much of the circulating supply as they possible can and then do with Bitcoin whatever they feel like.

Let's not forget that exchanges only have ~2 million coins liquidity. It's peanuts and a crook's dream

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