Bitcoin price about to go bonkers. The impression lag effect (lots of bitcoin talk in the zietgiest and humans catching up) + basic supply and demand. These Strategy type entities are hoovering up bitcoin, and exchange reserves are at an all time low.
an Strategy demand. catching all The and lag impression bonkers. the effect about are bitcoin, + hoovering up type and
at are supply basic bitcoin price low. time Bitcoin to entities in reserves talk go (lots exchange and These zietgiest of humans up)
Nothing better than some Monday afternoon male astrology, especially when it foretells good tidings!
We just look at our bitcoin book sales, they went through the roof end of last year. Average time to push significant part of the portfolio into bitcoin after reading the books is 1-3 years. Massive wave coming by EOY if learning curve is similar to what we’ve verified with hundreds of people… Now bitcoin book sales will be done by the largest book distributor themselves we don’t have the insight anymore, but it doesn’t look like it’s slowing down as significant as before. (The Netherlands)
Scale starts at 2 million
I always get excited about this graph but if hey never show me the supply on a longer time scale and also the y axis is trimmed from 3.5 to 2.5. I get a bit skeptic am but I sure hope it does what you said Ben :)
Considering the fundamental economic law of supply and demand I don’t see how anyone could be bearish right now? I wonder if the price has something to do with there being enough paper bitcoin out there to manipulate the price? If that’s the case my next question is why would the holders of said paper bitcoin be interested in suppressing the price? After that I put on my tinfoil hat and speculate that perhaps the collective vested interests of centralized power are doing whatever they can to slow down a train that can’t be stopped. Maybe the European Central Bank and their minions ie: Canadian government, WEF, holders of massive amounts of U.S. debt, the federal reserve, certain large US brokerage banks and other entities that are close to the money printer and interested in perpetuating the fiat paradigm are the parties responsible for said price manipulation? These entities are the only ones that stand to gain from bitcoin’s failure. Ultimately I guess none of it really matters as this world is subject to forces beyond human comprehension. That being said I’d like to see a world where bitcoin was money, I believe it would be a more just world.
