[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 257 KB, 604x613, 1589054051982.png [View same] [iqdb] [saucenao] [google]
19957986 No.19957986 [Reply] [Original]

“Grayscale *alone* has taken all BTC mined + 14,000 more BTC off the table since the halving.”

>> No.19958021

i dont get why ppl think this is bullish

>> No.19958048

>>19958021
Please explain what you think

>> No.19958182

>>19958021
clear institutional interest and absorbing emission + adding buy side pressure

>> No.19958203

>>19958021
>>19958182
It's the United states of zog taking over btc

>> No.19958597

>>19957986
If to be believed, grayscale is also buying something like half of all new mined eth for more than a year...

>> No.19958623

>>19958021
Well, it isn't bearish either. This will make the BTC price less volatile.

>> No.19958877

>>19957986
its a pressure cooker, BTC & ETH will explode soon

>> No.19958902

>>19958048
>>19958182
They have enough to manipulate the price

>> No.19958921

>>19958597
>if.
And why wouldn't you believe it, hillbilly?

>> No.19958922

>>19958182
feels more like zero sell pressure and price sideways means not a single fucker is interested in buying btc

>> No.19959052
File: 163 KB, 1121x967, 1588479605809.jpg [View same] [iqdb] [saucenao] [google]
19959052

>>19957986
shhhhhhh