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Re: [Idea] How about 10% reservation for (long) hodlers of BTC in sig campaigns
by
Lucius
on 24/09/2024, 08:56:55 UTC
~snip~
This idea help on reducing selling pressure on bitcoin market if weekly payout from campaigns reaches exchanges on regular basis and in significant percentage.


I'll just write something in relation to this part - because I don't know what you think, how much does this whole forum in terms of sig/bounty campaigns generate values ​​on a weekly/monthly basis? If we take into account that there are 20 sig campaigns on the forum that pay in BTC (for example) and that in each there are 30 members who receive an average of $100 per week (although it is less than that), then we arrive at an amount of $60k per week (20x30 = 600x100).

Roughly 1 BTC per week or 4 BTC per month for a market where several tens of billions of dollars are traded daily means that it would be meaningless, as if, for example, you want to say that one drop of water in a summer shower has some significance in relation to all the water produced by that shower.

Selling pressure does not come from us small users anyway, but from those who sell thousands or tens of thousands of BTC.