/biz/ - Business & Finance

>>18830487
>YES YOU HEAR THAT RIGHT HODLERS LEFT 500K MORE BTC TO SLEEP DORMANT FOR MORE THAN 365 DAYS DURING THE LAST INSANE 30 DAYS.

Meant 800k , march was 500k more dormant, april 800k , and next month 2.65M at this rate , this is insane.

The bullrun is about to start enter any coins you want to invest now or it will be too late , the btc bullrun will pump all coins.

Ommmggg HOOOOOODLLLL
THE HALVENNNIINGGGGG

>>18830487
>get that citadel reserve
What is that; why is it important

>>18830518
The citadels newfag is where the crypto hodlers will live after the collapse of fiat.

>>18830568
Ok. Now what does going dormant do for the coins if whales just want to hodl

>>18830630
It's 100% correct information of the coins in circulation since it's obtained directly from the blockchain.
It means that about 900k coins will be in circulation in exchanges by june and 328k mined per year after halving.

So only less than 3 years of post halving supply will be in circulation.

>>18830568
It would be incredibly difficult to take off from such a rotating structure.

>>18830742
That's mass effect citadel anon.

>>18830568
I can't wait. It'll be a 100% white utopia. Niggers and jews won't be allowed and will be executed on the spot if they're caught sneaking in.

>>18830487
all this means to me is we've seen exchanges acquire an incredible amount of BTC, which they no longer need to move because 1) they actually own a lot in cold wallets, and 2) most people never withdraw BTC, so the supply never needs to move. all centralized exchange trading is just moving numbers from one account to another on a centralized database....BTC hardly ever even needs to move anymore.

>>18830806
A good view of the whole thing , however it also means the people involved have faith in the future of the ecosystem , probably more faith than their own banks since they are leaving the coins dormant.

>>18830757
>try to accelerate linearly forward
>the floor spins up in front of you and pushes against you
The faster you go the harder the plane pushes against the ground.

>>18830876
I know the phyisics kek , it's about that 2013 or 2014 meme about the citadels anon , the image is that just a meme , no need to be so autistic about it kek.

>>18830789
what about Arthur?

>>18830913
Cryptoniggers can build their own citadel if they want but they won't be allowed into ours under any circumstances.

>>18830908
Oh yes lol. I also want to live on one with my own rules. Just would need a different solution to move craft on and off of it.

>>18830806
> btc hardly needs to move
B-but muh 7 tps, m-muh death of bitcoin?

im growing stronger

The Citadel real niggas are gonna build is like in the movie with Paul Bettany-Priest.

we kill vampires (jews) and everything
Gandalf is our Pope

>>18830975
Helicopters and forced air machines.

>>18830487
What does this mean?

>>18831170
by june 17.50m bitcoins won't have moved for over a year , leaving only 800k in circulation.

This is 100% proof they are not moving due to being from the blockchain.

>>18831283
not him but im also a brainlet noob. what does that mean, that they are on wallets that were lost? or fried harddrives? or the owners died from corona?

>>18831283
how do you know its not just institutional sized investors holding them in a paper wallet in a bank safe deposit box

>>18830742
For you

>>18831380
IT MEANS PEOPLE ARE NOT TOUCHING THEIR BITCOIN YOU FUCKING RETARD. THEY AREN'T SELLING. THEY ARE HOLDING. IT'S BECOMING MORE AND MORE SCARCE EVERY DAY

>>18830487
Whales can sleep on 12m coins for all I care, nobody is buying except bots

Boom ^

>>18831380
It just mean the coins are not moving the causes are uknown.

>>18831396
You don't know but in every case (except missing keys) means the people owning them have faith in the long term of the system.

>>18831429
The average transaction in usd begs to differ ,no one is running bots to the point the average transaction is now 55k usd.

>>18830487
can you just fucking speak in normal language. is it fucking going up or not? fucking hell.

>>18831485
Translation: Yes it’s going up. Buy bitcoin for generational wealth. Soon people will be begging for BTC.

i can't wait to see the normans freaking out after we hit ATH in the next few months and blow past it. "HOW DO I BUY BITCORN????" lmao

>>18830487
$100,000 eoy

>>18830487
BTC 90% dominant good ole days

Lmao this thread is a pathetic attempt at pumping

OMFG WHAT COLOR LAMBO GUYS?

>>18831470
>You don't know but in every case (except missing keys) means the people owning them have faith in the long term of the system.
or it could be they are bagholders who bought at $20,000 and can afford to hold because they are just hoping price returns so they can recover their losses and cash out

its the same reason shitstocks have bagholders after a pump n dump that prop a worthless stock to like 20 or 30 cents while those desperate holders hope another pump tricks fresh investors so they can cash out when they bought at the top

>>18830502
How soon til moon?

>>18831902
1 months for total takeoff.

>>18831818
>or it could be they are bagholders who bought at $20,000 and can afford to hold because they are just hoping price returns so they can recover their losses and cash out

The price reached 14k last year so the bagholders that remain in your theory is only those that bought in one week in december 2017.

Not really that much also , the numers of dormant coins increased in 2019 hard not in 2018.

>>18831121
does Varg accept crypto?

>>18831655
The only thing more satisfying than that will be the epic dump right after all the nigs and single moms blow their welfare and alimony on buttcorn

Not sure which would be more satisfying, making money next bull run or watching all the people I don't like lose theirs

>>18831767
Greeeeeeeeeeennnnnnnnnn

>>18830742
It's been awhile, we meet again!

>>18833063
Red

>>18833043
based
redpilled

>>18831485
you don't deserve to make it if you're this stupid anon. its going down, now fuck off

>>18831948
>1 months for total takeoff.
i like how whale and expert traders can't predict the price of bitcoin next week , while anons on 4hin can give exact time estimate

>>18831283
>leaving only 800k in circulation.
lol coinbase alone has more than that in it's wallet

>>18831470
don't most normies leave theri bitcoin on exchange so whether they sold or hold the btc never move from the exchange wallets?

>>18833043
fucking based, make it so

>>18830844
Or maybe it simply means most hodlers are fucking retards and their greed made them mix speculation for investment?

This only shows hiw centralized this piece of shit is
All the coins are on exchanges, no one is USING bitcoin, people are just speculating it will go UP

>>18835488
You are witnessing the transition from bad money to good money

>>18830742
For a normal jet yeah, but that jet is equipped with citadel era anti gravity tech. Boeing has been working in the tech for awhile and some (civies) had witnessed a 747 hover in Everett. Basically future tech will be released to citadel dwellers.

>>18835488
>He thinks bitcoin was designed to actually be a currency and not gold lol

that means muthufuckas is holding waiting to dump

>>18835572
>>18835867
good lord, this level of delusion...

>>18830487
its literally CZ buying up everything with fake tether
hes so desperately trying to keep the price up its laughable

>>18830487
so much for a currency
crypto ponzi LOL

>>18831655
>i can't wait to see the normans freaking out after we hit ATH in the next few months and blow past it. "HOW DO I BUY BITCORN????" lmao
lol

>>18831655

“ Hey Tom! Have you hears about this thing called Bitcoin? People have gotten rich because of this. I saw a post about it.”

I CRINGE everytime.

what does BTC going DORMANT mean?

>>18836554
That McAffee will not need to eat his own dick after all.

>>18836578
he's too busy with his bathsalts anyway

>>18830568
if fiat collapsed, crypto would collapse even more you dumbass. A world where we used volatile crypto to exchange goods would not work. The amount of morons on this board is unreal

less coins in circulation is actually bearish as hell for the ecosystem u dumb niggers. That is basic economics

>>18836636
what does normant coins mean?

>>18836656
dormant - am brainlet typo

>>18835867
digital gold lol, right. Gold is a much better store of value.
>Bitcoin is slow
>Bitcoin has high fees
>Bitcoin has huge governance issues
>Bitcoin will not work without block rewards
>Bitcoin is centralized
>Bitcoin is not normie friendly
>Cryto market is 100% manipulated
>Crypto market is overall overvalued
>Chart looks terrible
>No ona cares about the halvening
>Halvening will make it more centralized
>Supply cap of 21 million is bad economics

Bitcoiners BTFO

>>18836665
it means they haven´t been moved in a while, which actually is bearish. You dont want a high variance in the circulated supply, it´s bad economics 101

>>18836678
> gold
0.01 to 19.000 ...but gold is better.

>>18836688
won't that be increasing trade volume though?

Someone tell me if im right or not basically a lot of BTC went dormant which means whales are holding them getting ready to dump them soon so next month 2.5m will go dormant again and then there will be barely any bitcoin boosting up the price a shit tonne what i dont get is in the og post it says get that citadel reserve what does that mean

>>18830502
Are you tge minister you Satoshi poster

>>18836752
they will dump those dormant bitcoin one day, it´s jsut a matter of time. NO one want to be the sucker holding btc in the end. It´s just a means to get more dollars or gold

>>18830487
hodl

>>18830487
A but unrelated but coinbase declined my debit card. I think it was because I wanted to buy above my limit for online transactions and bank declined purchase. Anyway should I use different site or will they let me use same debit card again?

>>18833043
You sound like a really good person /s

>>18836851
link your bank account? I think that increases max limit.

Percentage of BTC that has been active in the last 12 months is now only at about same level as last halving.in July 2016.
THIS IS BULLISH AF!

>>18836851
Use Gemini.

>>18837013
>/s

>>18837171
Kek, this whole thread just got BTFOd

>>18830487
Dormant address means no out tx or no tx at all?
I guess the real number is even higher, in the last month, I used my address to do a small out tx and a big in tx, but overall I’m just holding and sending some breadcrumbs for low caps waiting to flip sats at 2/3X

>>18836803
>NO one want to be the sucker holding btc in the end. It´s just a means to get more dollars or gold
That’s where you are wrong kiddo, we are about to experience the biggest BTC supply shock ever recorded, everybody is holding, 20/25% of BTC losts in the early days, supply drying fast, do the math...

When mun?

>>18835254
>Whales & expert traders can't predict
Yes, they can. Especially when some of those whales can move the market when they want to. They just don't share the information.

>>18830742

what if you had a curved plane, so it can fly up from the curve?

>>18837335

were actually all going to make it arent we, anon?!
(provided you own at least 1 BTC in a drywallet)

>>18837368
Sure we do. We have to! The SEC says so.

>>18837368
>They just don't share the information.
why

>>18837634
So they can make more money retard would you help someone so they make money but you make less no these ppl invest hundreds of millions they wanna make the most money as possible

>>18837771
>less no these ppl invest hundreds of millions they wanna make the most money as possible
but if they tell around that they gonna move the market they can create fomo and catch the liquidity to dump on

>>18837525
yes 32 eth to be comfy, 96 to make it