Over 300 entities, non individuals, now own #Bitcoin.
Right now they own some 3.68 million #Bitcoin.
That number has grown the last 6 months between 2.3% and 4.6% each Month.
At 2.3% in 20 months they will own ALL #Bitcoin
At 4.3% in 17 months they will own ALL #Bitcoin.
Have a nice day and don't forget the best time to understand #Bitcoin was years ago, the second best time is start to study it today.
And in 40 month they will own 42 million Bitcoin 😂
Allegedly
Go figure...
Demand for 42 million with only 21 million supply.
Perhaps focus on that last line in my post ?
What I mean is, I think there are some sort of paper Bitcoin shenanigans going on 😣
Aha that makes more sense...
I think most have this feeling.
Looking at the number of entities announcing what amount they intend to buy shortly, but especially at the amount actually bought last 6-12 months makes current price not logical.
So I also think some PB shenanigans is going on.
But, also since #Bitcoin is our only hope, any manipulation most cause coiling-up that must release at some time.
When the release valves open, you have what you have, and will only be able to watch.
Yeah, it's either going to shoot up like crazy, huge OG whales offloading, or PB.
PB might cause a terrible crash if they hit a wall and can't come up with the Bitcoin they sold to people 🙈
But maybe they will learn the value of cold storage 😅
