Crypto 360°

Hey guys, I'm out it was a great run, thanks to all

It was a fun run, but I finally made enough money to live comfortably. Hope you guys hit your dreams too! And if what I sold for millions becomes worth billions one day, then someone please kill me before I do it myself.

Okay, now that those readers are gone, I'm not really out. Fuck that I'm never selling my coins. Someone will have to offer me a rate of 100k a coin to sell off even 1% of my holdings, and over 1 million a coin if they want 3% of my holdings. The most I'd ever sell is 10%, and that's only if they offer me 10 million per coin. After that, I don't care if they offer me 1 billion per coin I ain't selling shit. Only way I'll use it after that is as collateral for rental buildings and other businesses. Anyway, hopefully this post tricks the trading bots. HODL on hermanos! And most importantly, BUY THE FUCKING DIP!

submitted by /u/PositiveResonanceSng
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What helps Bitcoin to grow. I think it's awesome!

Recently i've got one idea, i've checked several data sources and would like to describe it here

So, look

This is the price chart from cmc

https://preview.redd.it/5tfmb853r0i51.png?width=1141&format=png&auto=webp&s=c38662bec4f51caa0ccfab20447c59e46357f9cd

https://coinmarketcap.com/currencies/bitcoin/

This is transactions chart from Blockchain.com

https://preview.redd.it/n1joakper0i51.png?width=902&format=png&auto=webp&s=5077161ac6985da1811da3ac3ce862113bb37b7a

And this is chart of new companies accepting Bitcoin from Cryptwerk.com

https://preview.redd.it/n2lp14mlr0i51.png?width=648&format=png&auto=webp&s=eeef08cb9c5dfbf1f787f0af1262b314fde9ebef

https://cryptwerk.com/analytics/bitcoin/

we are interested in period from july 2018 to current time, because Cryptwerk started their statistics on in July 2018

SO!

if we compare all charts we'll get this kind of picture

https://preview.redd.it/tb34i1u5s0i51.png?width=631&format=png&auto=webp&s=55ccbb38ac54ff6b4fb8485a1071b7221cae429b

Do you see the strong correlation of 3 factors?

- growth of price

- growth of merchants accepting Bitcoin

- growth of transactions amount

https://preview.redd.it/rq7pzqnms0i51.png?width=106&format=png&auto=webp&s=0e9c57780320493a9b65f318948a08668437ba2d

and actually same with Unique Addresses Used chart

https://preview.redd.it/fuj8w8owy0i51.png?width=923&format=png&auto=webp&s=74861385ff4cf365b46faf8746bdddbd139ae62c

And this is pandemic period!

What i think! Covid crysis created the situation when lot of merchants started to search new ways and markets and found them in crypto world.

Now really thousands ands thousands different stores accept Bitcoin, and may be we entered the new era, of mass adoption that we were waiting so long? When the army of merchants can stabilize and increase Bitcoin price and whole market

What do you think?

submitted by /u/alextailorswift
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