Yes, but actually no

Reply to this note

Please Login to reply.

Discussion

Why not?

Sellers

Wish it wasn't the case but unfortunately it is

IMO, no serious sellers before $1m. Just small fish nibbling until then. Once we hit $1m, some will sell to buy their dream homes which will be a huge mistake.

Check out the distribution https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

The fact is that Bitcoin is still very top heavy. I even think we could get there EOY, but coins need to keep being distributed and that will be the main barrier for crazy growth like that right now