Bitcoin went $43,000 to $19,000 in the last six months. 77.7% of all bitcoin did not even move πŸ’ŽπŸ™Œ #Bitcoin #months #bitcoin #move


Bitcoin went $43,000 to $19,000 in the previous 6 months. 77.7% of all bitcoin did not even go πŸ’ŽπŸ™Œ

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Comments (34)

  • Savik519 Reply

    And the shrimps (<1 BTC) have been buying heavily. HODL

    September 23, 2022 at 6:43 pm
  • Catnips64 Reply

    Mine moved to cold storage

    September 23, 2022 at 6:43 pm
  • tallreagan Reply

    And that is also why the price is so volatile, low liquidity and volume

    September 23, 2022 at 6:43 pm
  • NotPresidentChump Reply

    I moved some of mine from an exchange to a wallet. It’s not much but it’s honest work.

    September 23, 2022 at 6:43 pm
  • cryptoripto123 Reply

    Why does it have to not move? I feel like people are just twisting numbers and stats to suit their narrative.

    To me, moving around doesn’t mean it’s being sold or bought. If we truly want Bitcoin to become a global currency then it needs to be used on a regular basis whether or not the price is up or down. We can talk about how much the economy or stock market has crashed, but the dollars in my wallet are still circulating the same way. I’m still paying my mortgage, and I’m still buying food to eat. None of that changes.

    Why do we suddenly want a large part of Bitcoin to not move? Was it moving to begin with? After all a large number of addresses have simply been dormant for a long time.

    September 23, 2022 at 6:43 pm
  • seaorsun Reply

    Lost.private keys ? ;-)

    September 23, 2022 at 6:43 pm
  • Constant_Ad_2775 Reply

    Whomever is buying or selling at the moment sets the price. Think housing market.

    September 23, 2022 at 6:43 pm
  • DumbestBoy Reply

    I sold some around 38k to buy weed but have since bought back more than double that amount.

    September 23, 2022 at 6:43 pm
  • ImranRashid Reply

    Forgive me, but doesn’t that make it sound very much not like a usable currency?

    September 23, 2022 at 6:43 pm
  • CursedFeanor Reply

    This is honestly one of the most bullish things I’ve read about BTC in a long time! It actually shows that the price fluctuation (big as it may be) is just noise created by degen traders in the big picture. The intrinsic value has not changed and is far from achieving its potential.

    Have fun day trading and following stock markets, we’ll see ya in 10 years when real adoption makes it clear that BTC is much more than a speculative asset.

    September 23, 2022 at 6:43 pm
  • KAX1107 Reply

    Also in the last 6 months, 102k new wholecoiners were added.

    Addresses with > 1 BTC went from 803k to 905k closing in on 1 million now.

    There are probably many wholecoiners who still haven’t taken self custody. Of the 176 million users, only 20% actually own their bitcoin. Others still have them on exchange so they don’t really own any bitcoin at all. Just a number on exchange SQL database.

    September 23, 2022 at 6:43 pm
  • superboget Reply

    Some of them probably moved within exchanges.

    September 23, 2022 at 6:43 pm
  • MikeRey360 Reply

    Thats because Saylor has it all now πŸ˜‚πŸ˜‚

    September 23, 2022 at 6:43 pm
  • Spamarian Reply

    Mine is not moved more than 1.5 year..

    September 23, 2022 at 6:43 pm
  • BitcoinGoddess666 Reply

    I’m buying heavily now this is bullish

    September 23, 2022 at 6:43 pm
  • JCStuff_123 Reply

    Together we hodl strong

    September 23, 2022 at 6:43 pm
  • BusinessBreakfast3 Reply

    Mine are part of those

    September 23, 2022 at 6:43 pm
  • hukep Reply

    well it moves into my pocket every time.

    September 23, 2022 at 6:43 pm
  • Marshallaw89 Reply

    We ride together

    September 23, 2022 at 6:43 pm
  • CryptoHalcon Reply

    So it took 22.3% supply of Bitcoin to make it drop by that much? Seems to have very low liquidity then…

    September 23, 2022 at 6:43 pm
  • lancgo Reply

    Some of them moved to my wallet to stay in their forever home 😌

    September 23, 2022 at 6:43 pm
  • TJamesz Reply

    23% can cause such fluctuations? That’s either suspicious or not good

    September 23, 2022 at 6:43 pm
  • Available_Contest986 Reply

    Failure to deliver incoming in near future. Not if but when.

    Btw for those that don’t know what a failure to deliver is. Think gamestop but this time it goes forever hah.

    September 23, 2022 at 6:43 pm
  • Party_Logical Reply

    For some reason this concerns me more since it only took trading 23% of supply for it drop so much…

    September 23, 2022 at 6:43 pm
  • myironcity Reply

    As it should be. I too collect Bitcoin. Much easier to hodl than gold.

    September 23, 2022 at 6:43 pm
  • GoBigorGoHome687 Reply

    Manipulation because of leveraged derivatives. Sadly BTC is being manipulated the same way gold and silver are. There is more BTC paper than actual BTC. That paper is a cancer to what BTC was created for. So much for scarcity.

    September 23, 2022 at 6:43 pm
  • hotasanicecube Reply

    So that begs the question, how can 23% free market Bitcoin available cause a >50% drop in the price? Sincerely, suspicious as fuck.

    September 23, 2022 at 6:43 pm
  • jdubf13 Reply

    What’s the point of selling when you have nothing left

    September 23, 2022 at 6:43 pm
  • Special-Inflation-95 Reply

    It’s crashing so hard right now. 18k and it’s going down fast

    September 23, 2022 at 6:43 pm
  • HTHID Reply

    This is… not great

    September 23, 2022 at 6:43 pm
  • ultra_annoymnuos Reply

    Never never never surrender your Sovereignty cash!
    Take away Central banks privilege and the others of the cantilon effect!

    September 23, 2022 at 6:43 pm
  • YoMan0x Reply

    r/Satoshi_club

    September 23, 2022 at 6:43 pm
  • TheKnight_King Reply

    Moon soon

    September 23, 2022 at 6:43 pm
  • AlternativeTie4738 Reply

    They will move after I gobble that shit up at 15k or so😎

    September 23, 2022 at 6:43 pm

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