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Old 01-29-2021, 10:30 AM  
jscott
So Fucking Banned
 
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
Quote:
Originally Posted by k0nr4d View Post
It's quite simple to track this... There are wallets that didn't move for years. BTC went from $1 to $40k and they didn't move. That suggests it's lost. *NO ONE* has balls to hold from $10 to $40k, and anyone holding that wallet would have sold a hundred times over, if not all then at least part. Even a hodler would move around funds to/from exchanges, to other cryptos, to a hardware wallet when they became more prominent etc.
Either way that fact is bullish

if lost - less BTC available, bullish
if held - proves conviction, optimistic of that holder, bullish

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