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1) We've all heard the news: Stablecoin growth the last 2 months has been eye-popping 
March 1st, 2020 to today, the market has grown 50%+ to nearly $9 billion.
And lots of it is sitting idle on exchanges. BUT WHY?
credit @Delphi_Digital for chart
March 1st, 2020 to today, the market has grown 50%+ to nearly $9 billion.
And lots of it is sitting idle on exchanges. BUT WHY?
credit @Delphi_Digital for chart
2) Presumably people sold during Black Thursday sell-off but are you telling me these same savvy traders didn't have their "buys" filled when we went below $7k.... and then below $6k..... and then below $5k..... and then below $4K. WE'RE BELOW $4K PEOPLE! 
3) Some could have missed Black Thursday and could be waiting for another leg down in traditional markets i.e. another dip for #BTC 
.
But do enough people 1) believe that market narrative and 2) have the conviction to sit in cash as #bitcoin price rebounded nearly 90%
. But do enough people 1) believe that market narrative and 2) have the conviction to sit in cash as #bitcoin
price rebounded nearly 90%
4) What's way more fun to speculate on is the fact that we're ~3 weeks away from the #bitcoin #halvening and you're telling me there's a 50% increase in buying power ready to execute at the drop of a hat?!
#halvening and you're telling me there's a 50% increase in buying power ready to execute at the drop of a hat?!
5) While prior #halvings have been pretty mundane (and if you're gonna make me take a side I would say this one will be pretty mundane as well), wouldn't it be interesting if #whales are building positions to induce some fireworks? 
6) Nothing would be better for bitcoin than to pump in the face of #fiat money printing, grabbing headlines the world over, while at the very same time becoming (essentially) THE MOST SCARCE ASSSET ON THE PLANET.
While unlikely, like they say, stranger things have happened
While unlikely, like they say, stranger things have happened
