BITCOIN PLEBS
Let’s take a look at Bitcoin (BTC) today.
Every so often I take a look at how many people hold one BTC and the number seems to be growing in spite of the highs and lows of the cryptocurrency market. As of 6 days ago, Glassnode (a blockchain analytics company) reported that the number of known addresses on the Bitcoin blockchain that hold 1 BTC or more has hit a new all-time high!
They have reported that the number of wallets holding at least 1 BTC or more reached…. drumroll …🥁🥁🥁 950,000! So there are almost one million wallets with at least one bitcoin in them - today BTC is at $16,970.🤨 In spite of the market turmoil BTC is still being purchased and traded. Some are looking at the turmoil as a wonderful buying opportunity.🤷🏾♀️🤑
Most people assume BTC has lost all value and is being driven into the ground, but Plebs are buying BTC like it’s going out of style because they believe in Bitcoin despite what the media is pushing out against it. (A Bitcoin ‘Pleb’ is the name given to ordinary people around the world who support Bitcoin. Plebs buy Bitcoin, stack up satoshis (bits of BTC) and refuse to stop believing in BTC regardless of who tries to kill it.🙌🏾🙏🏿
Are you considered a BTC Pleb?😜 Are you done with BTC and crytocurrency for good? Or are you like me just a crypto holder and enthusiast? Well, if you’re reading this blog post there is still some type of interest, right?🤗 I’m glad you’re here, we’re gonna dive into it some more next week. Tomorrow is Friday flashback where we give snippets of what was discussed this week. I’ll see you then!
Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.