noodlebiz on Nostr: If mount gox is distributing $9 billion worth of BTC, and there are are106 million ...
If mount gox is distributing $9 billion worth of BTC, and there are are106 million hodlers (source Google) that means every current owner would only have to stack $84 for all of the coins to be absorbed. Maybe not all owners are still stacking for whatever reason, so let's cut it in half. So 50 million hodlers would absorb this "new supply," at about $184 or 279,190 sats worth of BTC per person/wallet.
Published at
2024-07-24 00:02:59Event JSON
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"pubkey": "e9a2a5f535cce1f1447b4219d5f7f30cefea50be5e0017cfd877efe881f589c5",
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"tags": [],
"content": "If mount gox is distributing $9 billion worth of BTC, and there are are106 million hodlers (source Google) that means every current owner would only have to stack $84 for all of the coins to be absorbed. Maybe not all owners are still stacking for whatever reason, so let's cut it in half. So 50 million hodlers would absorb this \"new supply,\" at about $184 or 279,190 sats worth of BTC per person/wallet.",
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