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by wallacoloo
1485 days ago
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say BTC rises from $30,000 to $300,000. two scenarios: 1. 10% of all BTC holders want to cash out. nobody lost their keys, so 2M BTC hit the “supply side” of the market. 2. 10% of all BTC holders want to cash out. half of them lost their keys, so only 1M BTC hit the supply side of the market. this is the way it makes a difference. in the latter scenario, BTC spot price would likely reach a higher value. |
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