I am a bit pessimistic so i consider someone dumb sufficient to carry their cash on a change can also be dumb sufficient to panic promote on the backside and let another person withdrawal these cash. What do you suppose?
Our only URLs are
All other sites are scams – especially be wary of:
benumbs.cards & bennumb.cards & bennumbs.cards & benumb.cc & many more…
(it can be hard to notice the S and extra N if not careful.)
Welcome to the real deal.
Please bookmark this link — the other sites have simply copy/pasted our html and don’t actually have any cards to sell.
They can be easy to fall for if you aren’t cautious!
People are wisely withdrawing volume doesn’t indicate the later… not financial advice
I suspect it is people finally getting serious about cold storage
Some will sell and some will bring it on a hardware wallet. The crazyness today is even more than yesterday. Panic everywhere.
I think before this doesnt calm down a bit, prices will keep going haywire. At some point however, there might be a supply crunch and suddenly prices rise again above 20k / BTC. But who knows? I for sure do not know anything.
In the end it s best to stay calm and DCA.
I love cheap bitcoin.
We are getting to the holidays. Everyone starts to scrounge around in various stock/savings/ checking accounts for extra cash to consolidate. Same goes for crypto, A little here and there, some drops, some stuff that got delisted from the exchange that you never got around to selling.
Get it all together and put it on Ledger Live to see if your kid is getting a pony or a scooter for Christmas.
coins moving off exchanges stabilizes the price, so it’s a good thing
Panic selling doesn’t move coins off the exchange: only the *buyer* would do that, once they have found a victim who panic-sold. So no matter how you look at it: coins leaving the exchange is for long-term storage/self custodianship, and is bullish.
But if both, but mainly the FTX charade scaring people, in a good way really.
BTC moving off exchanges is positive for BTC price anyway you look at it.
Had mine on exchange for 5 years. Now I actually want to own the BTC, not have an IOU from coinbase.
Panic sellers are different than withdrawals. If an exchange never bought your crypto when you sent them $$$, when you panic sell, they just send back a smaller amount of cash than you originally sent from your bank, pocketing the difference.