Bitcoin news of the week. Handpicked for you by Anita Posch. Every Friday.
Thought of the Week by Anita Posch
“This is the chance for the greatest wealth transfer the world has seen. I hope less privileged individuals will take their share of bitcoin now. 2021 is going to be a wild ride.” – Anita Posch
This phenomenon will be shocking. Look at that liquidity on exchanges during the previous runup and the whole bear market. It's vanishing. Hodl fomo is a far stronger force for scarcity than the halving. It will be shocking. https://t.co/PehUzjSozl pic.twitter.com/v6n0JsDXVq
— Brady Swenson (@CitizenBitcoin) November 21, 2020
#Bitcoin bull markets are characterized by a decreasing BTC supply held by hodlers, as long-term investors move old coins in order to take profits.
We started to see this trend last month, as the long-term holder supply has decreased by ~300k BTC.
— glassnode (@glassnode) November 19, 2020
A funding source for transactions? What does this mean? I pay with bitcoin and PayPal pays the merchant fiat? (not that I would use PayPal for any bitcoin transaction) https://t.co/nF6E9coEtc
— Anita ✊🏼🔑🏳️🌈🏊🏻🚴♂️☮️ (@AnitaPosch) November 23, 2020
this basically tells me that the bulk of the rally is attributable to buyers that only operate M-F 9 to 5 western business hours. makes u think!
— nic carter 🟩 (@nic__carter) November 23, 2020
Even Deutsche now includes Bitcoin in its "official" list of assets. It's also the best performing one pic.twitter.com/vfxArFoupz
— zerohedge (@zerohedge) November 26, 2020
Quote of the Week
“You can’t put the bitcoin cat back in the bag.” – Sean Ono Lennon
The son of John Lennon has been a Bitcoiner since 2011.
Orange Pill [OP15] – Bathing in Alien Technology with Sean Lennon
First time you can watch my podcast interview of the week too:
Podcast audio only
$ 16,908.96 | € 14,176.41
No financial advice. DYOR.