MASSIVE FUCKING HAPPENING
800K BTC WENT DORMANT THE MONTH OF APRIL
I REPEAT 800K BTC WENT TOTALLY DORMANT THE LAST MONTH.
YES YOU HEAR THAT RIGHT HODLERS LEFT 500K MORE BTC TO SLEEP DORMANT FOR MORE THAN 365 DAYS DURING THE LAST INSANE 30 DAYS.
And if the prediction is right next month 2.65M , YES 2.6 MILLION BTC WILL GO DORMANT DURING JUNE
Better get that citadel reserve now or it will be too late.
Source
>YES YOU HEAR THAT RIGHT HODLERS LEFT 500K MORE BTC TO SLEEP DORMANT FOR MORE THAN 365 DAYS DURING THE LAST INSANE 30 DAYS.
Meant 800k , march was 500k more dormant, april 800k , and next month 2.65M at this rate , this is insane.
The bullrun is about to start enter any coins you want to invest now or it will be too late , the btc bullrun will pump all coins.
Ommmggg HOOOOOODLLLL
THE HALVENNNIINGGGGG
>get that citadel reserve
What is that; why is it important
The citadels newfag is where the crypto hodlers will live after the collapse of fiat.
Ok. Now what does going dormant do for the coins if whales just want to hodl
It's 100% correct information of the coins in circulation since it's obtained directly from the blockchain.
It means that about 900k coins will be in circulation in exchanges by june and 328k mined per year after halving.
So only less than 3 years of post halving supply will be in circulation.
It would be incredibly difficult to take off from such a rotating structure.
That's mass effect citadel user.
I can't wait. It'll be a 100% white utopia. Niggers and jews won't be allowed and will be executed on the spot if they're caught sneaking in.
all this means to me is we've seen exchanges acquire an incredible amount of BTC, which they no longer need to move because 1) they actually own a lot in cold wallets, and 2) most people never withdraw BTC, so the supply never needs to move. all centralized exchange trading is just moving numbers from one account to another on a centralized database....BTC hardly ever even needs to move anymore.
A good view of the whole thing , however it also means the people involved have faith in the future of the ecosystem , probably more faith than their own banks since they are leaving the coins dormant.
>try to accelerate linearly forward
>the floor spins up in front of you and pushes against you
The faster you go the harder the plane pushes against the ground.
I know the phyisics kek , it's about that 2013 or 2014 meme about the citadels user , the image is that just a meme , no need to be so autistic about it kek.
what about Arthur?
Cryptoniggers can build their own citadel if they want but they won't be allowed into ours under any circumstances.
Oh yes lol. I also want to live on one with my own rules. Just would need a different solution to move craft on and off of it.
> btc hardly needs to move
B-but muh 7 tps, m-muh death of bitcoin?
im growing stronger
The Citadel real niggas are gonna build is like in the movie with Paul Bettany-Priest.
we kill vampires (jews) and everything
Gandalf is our Pope
Helicopters and forced air machines.
What does this mean?
by june 17.50m bitcoins won't have moved for over a year , leaving only 800k in circulation.
This is 100% proof they are not moving due to being from the blockchain.
not him but im also a brainlet noob. what does that mean, that they are on wallets that were lost? or fried harddrives? or the owners died from corona?
how do you know its not just institutional sized investors holding them in a paper wallet in a bank safe deposit box
For you
IT MEANS PEOPLE ARE NOT TOUCHING THEIR BITCOIN YOU FUCKING RETARD. THEY AREN'T SELLING. THEY ARE HOLDING. IT'S BECOMING MORE AND MORE SCARCE EVERY DAY
Whales can sleep on 12m coins for all I care, nobody is buying except bots
Boom ^
It just mean the coins are not moving the causes are uknown.
You don't know but in every case (except missing keys) means the people owning them have faith in the long term of the system.
The average transaction in usd begs to differ ,no one is running bots to the point the average transaction is now 55k usd.
can you just fucking speak in normal language. is it fucking going up or not? fucking hell.
Translation: Yes it’s going up. Buy bitcoin for generational wealth. Soon people will be begging for BTC.