/biz/ - Business & Finance

>>29719666
Guess Satan is here....

>>19188277
Im not talking about that. I am literally reciting things ive seen people from the dev team say irl. Due to fungibility, you cant count the fucking supply. Just think about it for fucks sake

>vast majority of bitcoins is owned by people who 'can't cash out'.
>Millions of bitcoins held by people that are deceased or who have lost access to their wallets due to them not paying attention and buying/mining bitcoin between 2009-2013.
>Rich billionaires know this and are buying the dips off whales until they control vast majority of the supply.
>This will slowly stabilize bitcoin over time, allowing them to hedge against inflation and prepare for the blockchain revolution.
>Millions of Bitcoins are bag held by normies which will not sell until they moon/can reach their desired sell price.
>Bitcoin is now harder and more expensive to mine therefore half the amount of BTC can be dumped each year from miners

This is the reason BTC despite all odds has managed to stay above 3k for the past few years,
whales have been manipulating the price but are slowly losing control.