4.7K @Battistoshi93 Great speech by @jackmallers in Prague: Human Renaissance.
This chart is mind boggling. 1$ in 1971 would buy 0.12$ worth of stuff. The dollar, despite being the best fiat currency eroded 90% of its purchasing power in 55 years.
To know more, visit: https://t.co/r0UMccN0S8 https://t.co/9ObyCi9TyT
4.7K @Battistoshi93 Is This The BEST Bitcoin Speech in History?! - https://t.co/820CtB2TED
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22.8K @CW8900 The $BTC OTC Balance has been continuously decreasing since 2022. It currently stands at its smallest balance in history.
Large investors continue to accumulate, while the balance in the OTC market remains declining.
Generally, the OTC Balance increases at the end of a bull market. However, this cycle is showing a continuing downward trend.
While whale buying persists, the $BTC Balance in the OTC market has decreased by 400k, falling from 550k to 150k.
The pattern of this cycle is completely different from previous cycles. The period of whale accumulation is lengthening, and the increse rate during the bull market was also smaller than before.
The real rally will begin once the whale accumulation ends. During the rally, the OTC Balance will also increase.
The clear fact is that the OTC market balance is at an all-time low, indicating that accumulation is stronger than ever and market liquidity is drying up.
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477.0K @AltCryptoGems Very important week for $BTC, with a very clear goal for bulls: flip the resistance level at $65K.
As long as we stay below it, sellers will be in control—so it’s a super important level to monitor.
What do you think: pump or dump from here? https://t.co/QxlhCLI3Mp
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
