Samson thinks there's paper bitcoin because Saylor and ETF's should have taken bitcoin to $1 million already

Bitcoin was supposed to replace paper money Instead we got paper bitcoin 🥴

Pure Cope , believe it or not but some whales that have held for many cycles are finally cashing in their BTC for dollars.

How would this end? If paper bitcoin is being issued and people realize it, would it spark more demand for actual bitcoin or cause a panic?

It’ll be the same thing that happened with FTX, they were selling paper bitcoin

Yayyy 🥳

There is paper bitcoin due to short selling of the ETFs. Just like paper gold and gld.

Yeah, something doesn't add up.

ETFs and Strategy with paper bitcoin would be one of the biggest scandals in the history of finance! The price is where it is because long-term holders have been selling. There is paper bitcoin, but not in the ETFs nor in Strategy.

Is it paper bitcoin or is it the algorithms are trading without taking into account the vast amount of OTC purchases? Think about how many people have sold their coins then bought the ETFs for security reasons. They sell the BTC on an exchange then when the ETF buys the BTC it is OTC. That is a net negative as far as the exchanges and algorithms are concerned.

Btc is a scam

This means we should protect ourselves with self custody

Paper bitcoin, derivatives and ETFs will always lag behind the real thing. We’ve seen this movie with gold — paper claims multiply but the physical stays scarce. The only way around it is to hold keys or use services that deliver real BTC into your wallet.

There definitely is paper bitcoin involved. Lack of PoR in majority of Bitcoin Treasury Companies and their use of Custodians is evidence enough.

Samson is generally wrong. He’s been calling 1 million and “suddenly” forever.

“Nothing stops this train” immediately after explaining what stopped the train

1 million will happen in the next 4 years, book it

100% there is paper Bitcoin. That's what wall street does, rig the market for their benefit. With as much Bitcoin as Satoshi has, all the coins lost, the ETFs, all these treasury companies, there's very little Bitcoin left. Price should be higher

1m without btc defi?

Paper is that “suddenly “ moment…

gm 🌄

Yup

Institutions JUST got onboard with the second Trump Presidency... 8 months ago. Bitcoin was $65k pre Trump's second term. Expecting Bitcoin to teleport to $1,000,000 in 8 months is fucking retarded.

Finally,somebody talk.about the truth. Lots of paper btc in Cex such as binance, and it apllies them to manipulate the btc price.

When you #Bitcoin from a treasury company, you do not buy bitcoin but a claim on the company. It is a legal contract (likely not even written on paper).

If there is paper bitcoin out there then instutition have achived what they wanted, dampen price discovery and a control of the development. It took almost 15 years for gold to move and is still be controlled by banks, also been proven.

I think that's pretty obvious. Even back during the FTX crash, and exchanges were sending BTC back and forth to prove to the auditors that they had the BTC they claimed they did. It's been going on awhile now. What do those ETF's REALLY hold? & Strategy?!

@darkside2030

There is, and Coinbase is behind it.

There is DEFINITELY paper #Bitcoin out there. Not to mention private/dark pool sales. Luckily that will only slow $BTC, not stop it. 📈

We are not $1M because there are people out there who keep selling and will not hold. Too many people looking to make 10% or 15% end up fumbling the bull run

Of course there is. This is how they are manipulating the price - by paper btc.

imo there has to be 5 to 10x paper bitcoin out there. paypal you can buy bitcoin.. but its not really btc. you buy it and then can sell it for what btc trades at.. how much selling of btc is really just paper??

Next Pulitzer contender

bank run happens when paper bitcoin exceed 21m. so bitcoin max supply is actually 42m

"Patience is the hidden bullish indicator."

Eventually the tide will go out and we will see who was swimming naked.