Replying to Avatar The β‚Ώitcoin Artist

GM nostriches! πŸŒžβ˜•πŸ’œπŸ§‘ #coffeechain #plebchain #grownostr

Maybe unpopular take:

Collectively #Bitcoin plebs & HODLers are doing the same thing as Binance does with BNB, FTX did with FTT and the diamond cartel does with diamonds.

We are increasing the illiquid supply to inflate the total market cap.

Ultimately I think liquidity is what gives Bitcoin value, and for hyberbitcoinization to take place that needs to go up a lot.

Just some thoughts as we are heading into the halving and possible squeeze of the price (partly as a function of illiquidity).

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captjack πŸ΄β€β˜ οΈβœ¨πŸ’œ 2y ago

thats a good thought - derivatives - many other factors - makes it complex in market price dynamics - ultimate matter will be "value" !

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