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RE: Remember

Remember, when someone sells BTC, someone else is buying it. Sell orders are also buy orders — that was my first point, especially with the meme in mind.

Secondly, I was reviewing on-chain data aggregated from a new website I hadn’t seen before. The data shows that the actual amount of BTC being traded is quite small. According to CoinGecko, Kraken only traded about ₿3,806 against USD and ₿845 against EUR. There may be millions of Bitcoins in existence, but far fewer are actually usable — and even fewer are available on exchanges.

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OTC is King 🤷🏼‍♂️

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