Replying to Avatar cuban

I don't see it the same way but thanks. I'm sure there's some paper but they don't need to do that work right now ... There's enough selling to keep the price down.

When the long term holders weren't selling and ETFs + treasuries we're buying we went up from 50k to 120k.

When long term holders started selling and ETFs + treasuries bought we ranged for a year.

Now with sellers and treasuries + ETFs not buying we have been trending down
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Meyer 1mo ago

Fair enough

Even if there is not paper bitcoin floating around, the long term holders only have a finite amount of coins to sell. They have to run out at some point and we will continue to gobble up their sats.

Have to think they are starting to run low already but I guess we shall see

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