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File: 17 KB, 598x236, whales.jpg [View same] [iqdb] [saucenao] [google]
53104704 No.53104704 [Reply] [Original]

Smart money is escaping Bitcoin while you will be left bagholding worthless shit

>> No.53104727

Can be explained in many ways

1. Moving coins around and dividing into more wallets
2. Moving to exchanges to open gigantic long positions as they believe the bottom is in
3. Whales playing whale games doing similar stuff as 1 but not for security reasons but for other reasons

It’s why I tend to take on chain data with a grain of salt, it can be easily manipulated

>> No.53104732

they're just diversifying their wallets

>> No.53104737

two copers so far

>> No.53104742

>>53104727
cope lol

>> No.53104748

>>53104704
good, I dont need whales

>> No.53104758

>>53104727
>>53104732
These are third worlders who just puke up all the “cool” terms they picked up in telegram scam rooms. Take note kiddos

>> No.53104764

There's no denying alts improved a lot, At the peak were responsible for $500B+ economy (DeFi+NFTs), The question now is which alts are actually good?

Controversial but i think Bitcoin dominance is long due collapse to sub 20% (excluding stables), I find it extremely absurd we're still above 50% in 2023.

>> No.53104781

>>53104704
I have 10 BTC that I hold across three different Trezors

make of it what you want

>> No.53104783

>Escaped
It's all bag holders left. If you are still bullish on the crypto thesis, look to reenter the market sometime in Q4 2023 to mid 2024 when it bottoms out into crypto winter

>> No.53104789

>>53104737
>>53104742
>>53104758
Its a good thing faggots it means the bottom is in and whales cant giga dump as much anymore.

>> No.53104799

>>53104764
BTC dominance is going down because thousands of new alts are printed every month, not because current alts have a chance to outperform BTC. Any usecase you believe that altcoins have (NFTs lol) is not real and just a marketing scheme with buzzwords. Altcoins only exist to take your BTC

>>53104783
>bullish at the top
>bearish at the bottom

>> No.53104809

>>53104704
source : me

>> No.53106151

>>53104783
new faggot nigger :D
>classig 30iq bizlet

>> No.53106218

>>53104727
Your post can be explained in only one way: cope.

>> No.53106332

>>53106218
You’re using the word wrong you fucking brain dead zoomer.

>> No.53106351

>>53104704
Glow more

>> No.53106362

>>53106332
^ Yet more cope.

>> No.53106384

>>53104727
OR
they are selling their internet beanie babies for real assets (likely gold).

>> No.53106389

>>53104781
>three different Trezors
...literally why?

>> No.53106412

>>53104704
smart money left at the top around 40-60k dumb fuk

>> No.53106607

>>53104704
There are a whole 2037 wallets holding 1000 Bitcoin, mostly exchanges and the like. If you weren't a complete retard you'd see that wallets with >1, >10, and >100 BTC are going up while exchange reserves have been going down.

>> No.53106838

>>53104704
Nigger smart money left in Nov 2021. Fuck outta here with this stupidity.

>> No.53107316

>>53104727
cope maxxi
the real reason is the power structure in control just wants bitcoin to be low now

>> No.53107732
File: 216 KB, 900x789, 1672616419330854.jpg [View same] [iqdb] [saucenao] [google]
53107732

>>53104783
CME, magnetic pole reversal, 12000 year cycles. It's all coming soon*.
Best investment is to dig a concrete house underearth, buy seeds and bullets.

>* Estimated to happen in two weeks from now

>> No.53108153

>>53107732
this image is rich. As if low skill jobs (construction) can't quickly be learned by everyone working high skill jobs (tech)

>> No.53108409

>>53106389
security

>> No.53108434

>>53104704
So the last Btc low was new years 2020 which was a great accumulation year. So that makes 2023 a great year for accumulating

>> No.53108479

>>53108153
You soi cuck computer faggots will be delegated to doing the lowest of the low absolute nigger tier work as that’s all you’ll know how to do. You will be our slaves

>> No.53108509

>>53106151
>new faggot nigger
>:D

>> No.53108525

>>53108434
why is every biz nigger delusional like this?
>X happened THEREFORE Y MUST BE NEXT ALLL IN LETS GOOOOOOOOOOOOOOO

>> No.53108564

>>53108479
>construction workers need to imagine a total collapse just so they can have social status
This explains the embarrassment that is prepper fiction completely. Don't worry Hank, your time will come after the total collapse, we'll see.

>> No.53108583

>>53104727
>Whales playing whale games
this is the laziest, most slack brained cope

>> No.53108614

>>53108153
> As if low skill jobs (construction) can't quickly be learned by everyone working high skill jobs (tech)
In this theoretical collapse scenario why would anyone want to hire a now completely skill-less human with less muscle than a 10 year old girl and train them from zero, rather than the current existing labourers who are immediately 1000x more desirable and employable?

>> No.53108633

>>53107732
>muh cme gaps
>muh cme magnetic pole reversal
Bobo nigs must take their medication

>> No.53108801
File: 64 KB, 1824x886, 1000 btc addresses.png [View same] [iqdb] [saucenao] [google]
53108801

>>53104704
Graph seems to imply that "institutions" (those able to acquire 1,000 btc at prices north of 10k/per) were what drove most of this cycle from 2018-21 judging by the magnitude of the increase in wallet addresses, which peaked in early 2021 with the broad market and have been selling off since

institutions probably don't have long-term faith in BTC and were just here for a quick buck to play the cycle. They now appear to be capitulating into the hands of smaller holders, as the 1+ btc and 10+ btc address counts have been spiking (especially 1+ btc)

>> No.53108824
File: 64 KB, 1588x1237, 100 btc addresses.png [View same] [iqdb] [saucenao] [google]
53108824

interestingly, the 100+ btc addresses have been flat and down since the 2017 peak. These probably represent individual, early-ish adopters who cashed out in 2017 and haven't really been presented an opportunity to re-acquire a similar size stack at current prices

>> No.53108844
File: 50 KB, 1197x807, 10 btc addresses.png [View same] [iqdb] [saucenao] [google]
53108844

10+ btc addresses have been on the rise since bottoming out in early 2022

>> No.53108857
File: 48 KB, 1219x806, 1 btc addresses.png [View same] [iqdb] [saucenao] [google]
53108857

and 1+ btc addresses have been strongly accumulating, well above prior ATH address counts

>> No.53108959
File: 72 KB, 1024x773, 1672605246757007m.jpg [View same] [iqdb] [saucenao] [google]
53108959

>>53108614
This. The weakling will vanish.

>> No.53108988
File: 43 KB, 764x718, 0BVIKz2.png [View same] [iqdb] [saucenao] [google]
53108988

>>53106384
>(likely gold)

>> No.53109009

>>53108801
>>53108824
>>53108844
>>53108857
You can tell BTC is bleeding users when they effort post like this.

>> No.53109019

>>53104704
They are buying d0b0 you stupid pajeet

>> No.53109030

>>53109009
it says more about you than it does about BTC if you think 4 images with brief attached text is "effortposting"

>> No.53110262

Who's Smart money?
Is he with us in the room anon ?