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/biz/ - Business & Finance

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14989964 No.14989964 [Reply] [Original]

What drives bitcoin price now? Dark markets? Why would a normie buy bitcoin aside from selling it higher?

>> No.14989973

>>14989964
Niggers

>> No.14989989

>>14989964
Nothing has changed since 2008, price is still controlled by 5 neckbeards who early mined 500k BTC. They pump the price using fake paper BTC on bitmex which causes normies to FOMO

>> No.14989990

>>14989964
futures margintrading and pure heroin

>> No.14990000

>>14989964
as hedge against inflation and an upcoming financial crisis

thats what i did after i realized going all in on gold is not a good idea

>> No.14990023

>>14990000
Why is bitcoin preferable to gold in your opinion?

>> No.14990030

>>14989964
tether you moron

>> No.14990039
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14990039

>>14990023

>> No.14990053

>>14989964
Why would a normie buy gold aside from selling it higher?

>> No.14990091

>>14990023
i dont. i have 50 /50 now instead of 100% gold.

but some advantages of bitcoin over gold is i can easily transfer it over borders. if shit hits the fan i just drive to swiss and change my coins for Franken and not worthless euros.

also the government is pretty helpless here. gold has an been regulated in the past

>> No.14990402

>>14989964
Tether.

>> No.14990549
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14990549

>>14989964
To buy shit, you fucken retards.