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Replying to Avatar samuel

$5 is for wimps!

* Self custody is important. After a purchase you must pull off the exchange. *

But let’s look at some numbers:

6.25 #BTC /10min ~ 900 #BTC /day

At current prices that would indicate production could absorb a $27,000,000/day demand. This amounts to about:

$810,000,000/ month

Which is $9.7 billion/year

If there are about 500,000 hodlers globally,

Each hodler would have to invest $19,500/year (ABOUT $53/day) to keep the $30,000 price floor that we currently have.

1. We need more hodlers.

2. Each hodler needs to reach deep and do more than $53/day.

I propose we all skip lunch today, and add that $15 saved to a purchase and pull it off the exchange.

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Sanjam 2y ago

Brilliance!

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