Episodes
Sunday Jun 10, 2018
Early Bitcoiners Sold $30 Billion to New Speculators
Sunday Jun 10, 2018
Sunday Jun 10, 2018
During the retail driven mania of December 2017 to April 2018, early Bitcoin investors (whales, OG's, whatever you want to call them), sold $30 BILLION dollars worth of Bitcoin to speculators, according to research from Chainanalysis. This actually increased the available trading supply of Bitcoin by over 50%, leading to the recent depression of the Bitcoin price, according to ChainAnalysis.
Let's talk about the research a bit further, a recent Ripple class action lawsuit and the general market movements.
Dowload the Brave Browser (my ref link) for an ad-free browser that supports the crypto industry: https://brave.com/cry267
Chainanalysis Research: https://blog.chainalysis.com/money-supply/
Use code strengthinnumbers to get 50% off your tickets to NAC3 in San Francisco on June 23rd with myself, Carter Thomas, Crypto Lark and more.
https://cryptobobby.com/nac3-sf
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