[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 45 KB, 600x370, 77167387481475734944_28z9on7Vdf[1].jpg [View same] [iqdb] [saucenao] [google]
4568001 No.4568001 [Reply] [Original]

Seriously, do you really believe that retarded millennials playing with their launch or money trees normies are generating huge green candles worth bilions of dollars?

Do you really believe istitutional money enter right now in a so volatile market at ATH, even if the market cap can still be considered a drop of water of an ocean...

Tin foil hat cospiracy about Bitfinex and USDT?

Don't tell me it's just normal people that want to invest, because people do not want to invest, they just want to spend, that's why they buy iPhones and not Apple stocks, they use Uber and don't buy Uber stocks etc.

I know normies are stupid, if they see that soemthing went up almost 1000% in less than one year they think "cool, let's invest some money, that thing will go up again 5000% in the next 3 months, there's nothing to worry about, totally a normal percentange gain".

>> No.4568045

>>4568001
uber dont got stocks retard

>> No.4568078
File: 633 KB, 500x281, 1483510105-cbcec216ff2b94ffe8d81cd4b6b10720.gif [View same] [iqdb] [saucenao] [google]
4568078

>>4568001
hedge funds are pouring in currently. millenals are fucking broke and majority still see btc as a tulip ponzi

>> No.4568179

>>4568078
larp.

the rise in price is mostly driven by tether and not because of banks or normies.

bitcoin and all the other cryptos are designed just like a ponzi. no one actually gives a flying fuck about the technology. ist just about getting rich quick.

>> No.4568321
File: 32 KB, 946x189, CostOfPS4.png [View same] [iqdb] [saucenao] [google]
4568321

>do you really believe that retarded millennials playing with their launch or money trees normies are generating huge green candles worth bilions of dollars?

Yes
and I got proof
Where is yours outside your feelz?

>> No.4568408
File: 93 KB, 1357x635, MoreProof.png [View same] [iqdb] [saucenao] [google]
4568408

>>4568321
Here is more proof
Note how the median transaction value has not risen at the same rate as price.

Classic example of rising popular demand of a near infinitely divisible asset.

>> No.4568456

>>4568001
No one, it's being pumped by nota and tether.

>> No.4568529

You do realise normies go on coin base and just market buy bitcoin right?

>> No.4568542
File: 5 KB, 220x229, 1511218375512.jpg [View same] [iqdb] [saucenao] [google]
4568542

>>4568045
>uber dont got stocks retard

>> No.4568565
File: 3.20 MB, 2951x9999, nocoiners dead.jpg [View same] [iqdb] [saucenao] [google]
4568565

>muh tether
>muh ponzi
>muh flippening
>muh ATH

>> No.4568572

>>4568321
d e l u s i o n

>> No.4568588

>>4568045
you're either not white or some sort of negrified white

>> No.4568590
File: 40 KB, 1073x263, Institutional.png [View same] [iqdb] [saucenao] [google]
4568590

Now BCH on the other hand
That is institutional buying.
near 3x the median transaction value of BTC
This is despite BCH's much lower price then BTC.

and they are fucking killing themselves on their own dragon slaying sword.

HAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!

>> No.4568600
File: 36 KB, 564x423, 0e444a5f8317179fd48f4f99a5b60418.jpg [View same] [iqdb] [saucenao] [google]
4568600

>>4568001
This. Why are people willing to pay $8k for a BTC when you can barely do anything with it? BTC is like a store gift certificate, but even LESS useful.

BTC has no intrinsic value or usefulness. There's no way that these valuations are natural.

>> No.4568604
File: 2.30 MB, 2000x2048, 1509904293194.png [View same] [iqdb] [saucenao] [google]
4568604

>>4568045
>uber dont got stocks retard

>> No.4568636

Chinese BCH shills.

>> No.4568660

>>4568600
You obviously are a very ignorant person so why do you think its ok for you to have an opinion about this.

>> No.4568677
File: 28 KB, 800x517, wealth.jpg [View same] [iqdb] [saucenao] [google]
4568677

>>4568600
>all these billonaires getting caught in offshore leaks will not see value in having an uncensorable, portable, swiss gold bank vault
>implying all these trillions aren't going to be sitting on the capital B blockchain
>implying we need "usefulness" as in fast and cheap transactions for subhumans like you to reach $1 million per coin

End your life inmediately

>> No.4568741

>>4568600
lol
it has value because we give it value, just like gold.

>> No.4568776
File: 8 KB, 408x120, Divide.png [View same] [iqdb] [saucenao] [google]
4568776

>>4568600
>Why are people willing to pay $8k for a BTC
BTC is divisible down to the satoshi level

kys

>> No.4568799

>>4568677
BTC literally is useless for that
if I want to hide funds, I use XMR. Not Bitcoin

>> No.4568896

>>4568001
would you rather keep your meager $2000 life savings in a bank and get raped by inflation for your entire life, or would you rather put it in crypto, not touch it for 10+ years and retire in your 40s?

>> No.4569689

>>4568321
>>4568408
>>4568590
>>4568677
cashies gettin' rekt