Nostr Web Client

People holding stocks or real estate usually sell if the price is right.

If you ask a Bitcoiner for what price they sell they will say it’s not for sale.

#bitcoin is different because the hodlers wants to bring down the fiat system, and won’t sell before it’s done.

Wall Street will find this out the hard way next week. They’ve never met people like Bitcoiners before. They will sweep up the coins of weak hands first, but then they will Meet a brick wall of plebs that won’t sell before the price is so high that the fiat systems implodes.

Reply to this note

Please Login to reply.

Discussion

JRA 2y ago

Greshams law isn’t priced in

Svoboda 2y ago

We'll see. I'd contend the price simply hasn't gotten to a point where people would feel any sort of validation to sell. A lot of those same "diamond hands, I'm hodling until I die people" will likely fold like a wet blanket when we're dancing in the six figure ranges.