People have been endlessly asking the question "are we really in a bear market or bull market"
Everyone has heard the question echo, but no one was willing to actually get their hands dirty and find the actual verdict. Because frankly, no one is ready to see if the system is frail and cracking from within.
So, as any bi-polar investigator would do, I did the dirty work myself
This comprehensive market study exhaustively covers the entire state of the Bitcoin bitcoin:native market and turns it inside out.
Whatever side you're on, buckle up, hold tight to you seats.
This is going to be one heck of a read
Article link: https://t.co/3PqpCbQ6XV
@samsungsv19@SkyF1ux@boldleonidas It's not about moving $1000 or $50m. Bitcoin's fees are not incremental, they are dependent on volume, congestion and transaction protocol.
So if you move $1000 on a day like that and $8 is charged, with the same conditions, $8 will be charged on a $50 million transaction
@samsungsv19@SkyF1ux@boldleonidas I think it's pretty obvious that he means the costs are minuscule compared to the systems of banking and money. You could move $50 million in btc intercontinentally for less than $5.
That sounds like 'at no costs' to me too
@degendais@web3pingu Exactly. There is no replacement for Axiom. That's Zach's thread was the weakest thing I've read. He should not have made an announcement for that kind of post
@degendais It has happened. Lower still. I think we are going to see a stable 52k Btc for a while. If it goes lower than 50k, it will take a RALLY to get it back to 80k.
Selah