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/biz/ - Business & Finance

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24782305 No.24782305 [Reply] [Original]

is BTC even at media attention yet? i dont watch the news so i dont know

>> No.24782349
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24782349

>>24782305
https://www.youtube.com/watch?v=zaj6Udy2saM

>> No.24782379

>>24782305
I watch Fox Business in my office most days and BTC is always on the ticker at the bottom, so it’s at least on the level as the more popular stocks.
Whenever there’s a big change in price, they always run the same story about Bitcoin where they try to explain it in terms boomers would understand.
I just don’t think this chart applies to btc anymore.

>> No.24782543

>>24782379
As long as boomers go into it with the same mentality they go into stocks, it'll still be susceptible to the same dynamics. Older investors will sell off, triggering automated computer traders to sell off, bringing the prices down again.

They'll probably stabilize at a new low, but you'll still see the same dynamic. Keep in mind that BTC was talked about a lot on CNBC in 2018 and 2019 as well. The public has a short memory.