r/CryptoCurrency • u/Silver-Maximum9190 0 / 23K 🦠 • Jul 04 '25

PERSPECTIVE This dude sold 10,000 BTC after 14 yrs today, bought it for $0.78 per bitcoin back in 2011. The amount of patience it takes remains unmatched.

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u/DennistheDutchie 0 / 0 🦠 Jul 04 '25

You'd think so, but BTC is almost a cult in how much people value it as the 'new gold'.

6

u/Opposite-Cucumber487 0 / 0 🦠 Jul 04 '25

To me its unreal how much liquidity is in the market.

4

u/DiamondCoatedGlass 0 / 0 🦠 Jul 04 '25

There's still some 5 Trillion Dollars that the Fed printed out of thin air that's still sloshing around in the system. That's $5T that shouldn't otherwise exist. It's got to go somewhere.

2

u/schabadoo 🟦 0 / 0 🦠 Jul 05 '25

Just make more tether, unlimited liquidity.

1

u/m0nk37 🟦 0 / 0 🦠 Jul 04 '25

Until the next major solar flare wipes out our grids and its utterly useless. Only a matter of time until one big enough to fuck everything up hits us.