/biz/ - Business & Finance

Anonymous Sat Aug 22 12:59:45 2020 No.21757676 [View]
File: 9 KB, 247x210, BTC.jpg [View same] [iqdb] [saucenao] [google]

Interesting situation.
on one side are banks and other many rich and smart people who buy BTC in 2013-2014. They have about 50-70% of all supply.

On other side are the crowd of normies that think BTC will go to the 1 gozillion dollars because muh inflation, muh goverment muh free money and other bullshit.

BTC market cap is very small and one big sale can drop the price very much. Smart money that buys in 13-14 need get their gains, okay?
For get their gains back they need LIQUIDITY.

What i see now? shilling bitcoin from all "smart" people. All they say for the "smart normie" is BUY BITCOIN! YOU WILL BE REACH! This is distribution phase for the years ahead.

Blockchain have future, smart contracts and other good things have future. BTC - not. Every normie knows that bitcoin makes him rich.
This is over for bitcoin, move ahead

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