Monday, November 26, 2018

[uncensored-r/Bitcoin] The good news for HODLrs - We can soak up twice the supply as of last month.

The following post by vroomDotClub is being replicated because some comments within the post(but not the post itself) have been silently removed.

The original post can be found(in censored form) at this link:

np.reddit.com/r/ Bitcoin/comments/a0os2n

The original post's content was as follows:


I really am glad the hash wars and whale dumps brought us this low.

Small retail investors and believers in bitcoin can now soak up that available supply at 2x the rate, more evenly distribute wealth and provide for a 'no coins left scenario' when it finally turns. If we can stay here (which i doubt) for a month or so its like halving our own HALVING event.

Short term it is painful but if you look out 19 months in advance there will be a severe shortage of coins just as demand picks up and LN scales.

Just keep buying a trickle at these lows prices as you work to build this network. :) FAITH! in the underlying fundamentals will prove a good decision down the road.


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