90% Of Bitcoin Issued; where does this leave its Economy?

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Apparently by July 19, 2139 it will be all out, but the question is; will hyperbitcoinization come into play before or after that happens? It's hard to tell or should I say, it really depends on what people see it as. With close to 19 million coins already issued, which makes up 90% of the circulating supply, of which about 78% is very illiquid, there is only one factor that is perceived to kick in very soon and that's some crazy FOMO. The retail markets are basically weak, all dried up, yep, they've already gone full ape and the institutions, oh boy, wait until they actually show us how much money they've got, hungry to have a huge cut on the 10% left overs.

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Erase flu vaccine, input Satoshis, yikes, that's already as scary as it looks

We should be worried how badly rich this space is gonna get when everyone begins to buy in on what is being said on the news. The media will do the job for us, no more tweeting and shit posting on every socials, our story will all be told on the news, a supply shock is coming, the bankers will equally come for your coins, you think you've seen it yet? Nah short sellers will be ready to jump off the cliff, a great timing will equal the riches of generations. Well, enough preaching, let's touch a few areas that will contribute to a proper bull run.

Restrictions…

We know a great war is coming, but it will be sad because the backstage rulers will be going against what isn't physically at reach, it's already a lost battle when illegal seizures won't be as easy as it should be with Fiat currencies. The Chinese ban on cryptocurrencies is yet to actually have it's full impact on the industry. We know the Asians, and they will do anything to hold a huge amount of power to influence nations of the world, mining bitcoin as we also know was most profitable over there, based on the cheap electricity, shit, that was basically free money and bitch it got a lot of ventures. Now that it is being restricted, you think Chinese billionaires will watch riches slip away?

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When war kicks start, the faucet will dispense wealth…

Money will be thrown around, literally everything is getting showered with some snow love, hold on to your shitcoins ( I really didn't say that). Mining companies are HODL, retail traders are stressing for some cheap money, supply shock is a foul play and haha, who said $100k was a fair pump? If we are talking valuation then consider it a starting point. We are currently still trading on cold levels, there isn't that realistic pump that smells like bitcoin beast mood. Taking profits isn't an industry game, it's a poor man's hustle, more bitcoins will leave exchanges, hold up, let me burst your bubble. The biggest industry after your cryptocurrencies are the exchanges you trade upon. You think you be trading to a random individual all the time? Oh come on, wake up, how do they stay in business bitch? Making million dollar donations and building some shit projects across continents?

When institutional buyers are being mentioned, consider your centralized exchanges your first low bidders waiting on you to make some quick sales for baby gains, then boom, they buy it back up, you FOMO back in and they dump on you, leaving you with less coins at every instance, it's a tough luck game, reason why HODL has never failed the diamond hands…

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8 comments
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Unfortunately, the Corona crisis has created a difficult atmosphere in the global economy.

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I'm sort of confused here. Doesn't the limited supply of Bitcoin mean the price ought to increase insanely?

Apparently by July 19, 2139 it will be all out,

Do you mean 2039 or 2139?

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2139

This...

And yea, sorry to get you confused, when I talk bitcoin, I can only be hinting at an insane pump as a result of it's growing scarcity...

We may need a $38k lows before then, but that's just what I think, not financial advice :)

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100K being a starting point is interesting. Especially what you said about China. The last big Hive pump was due to the Korean markets buying and holding mass amounts of Hive.

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The Asians are so hungry for Crypto, it is what it is...

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That is true I just wish for a better understanding. 👍

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