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2025-11-17 05:46:33 UTC

Mudge on Nostr: Most are saying that the current BTC price fall is from LTHs selling (plus others who ...

Most are saying that the current BTC price fall is from LTHs selling (plus others who think the cycle is over)… which sounds fair enough I suppose … I haven’t a clue.
However, as along term holder with no intention of selling in the short term and no leverage… isn’t this good thing?
I mean.. even if the OGs locked in huge profits and leave for good … fair enough.
But this only means less and less OGs that have cost base of a few 100 dollars per coin.
Even if the OGs buy in again their cost base would be $90odd k per coin?
So given time, everything catches up and away we go again.
I know, I know, there’s still Satoshi’s coins still sitting there.
But at the end of the day, I’d fully expect the long term OGs to cash out.
Just thinking out loud. 👍🏻🙂🙏