RE: Miners Accumulate Bitcoin: Glassnode4 Apr 2021 12:04
This topic is never really discussed. In terms of how it will impact the market in future years. So miners continue stashing. Those clean coins can’t be bought by institutional investors so their next best bet is investing in the mining company. What point do we achieve a separate higher price for clean ethically sourced Bitcoin. So whilst there are only a few clean coins at present that should be pushing up prices. If suddenly a high volume were released having clean history on blockchain then in a few years would the price drop as influx of common green clean coins. Will people even care if the price is $180k plus who knows. The question really is what happens if everyone stashes for decades, realise price and demand will occur. It’s good to have a reason to justify increases.