/biz/ - Business & Finance

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Anonymous Wed May 31 07:16:18 2023 No.55138577 [Reply] [Original]

>bitcoin pumps
>many threads
>bitcoin dumps
>no threads
What does this mean about the state of the market mean? Please explain to me as if I were retarded

>>	Anonymous Wed May 31 07:17:24 2023 No.55138583 >>55138577 We didn't buy at these prices so a minor dump is irrelevant

>>	Anonymous Wed May 31 07:20:56 2023 No.55138597 File: 1.99 MB, 250x334, 1666572654024573.gif [View same] [iqdb] [saucenao] [google] >>55138583 Who is buying at these prices then?

>>	Anonymous Wed May 31 07:21:29 2023 No.55138602 >>55138583 This. I've owned bitcoin for 7 years, I don't care. Btw, 1 bitcoin will equal 1 billion dollars. Never selling.

>>	Anonymous Wed May 31 07:24:31 2023 No.55138618 >>55138597 99% trading bots

Anonymous Wed May 31 07:31:37 2023 No.55138643

It's dirt cheap right now. Just remember, years ago bitcoin was a scam, ponzi, vaporware, etc and it was just viewed as a way to make quick buck. It's 2023, the economy is shitty and the price is $27k, think about that. The fiat monetary system requires that the currency supply must continue to expand. This means everything will go down in price vs bitcoin, forever.

Anonymous Wed May 31 10:25:27 2023 No.55139364

>>55138577
Most of the panic/euphoria threads are either jannies trying to make the board not look dead to attract paying shitcoin advertisers or raids
The jannies got the message that the current population hates the spam and the raiders lost a bunch of IP ranges

>>	Anonymous Wed May 31 10:35:22 2023 No.55139412 File: 38 KB, 615x615, lt.kot-mittens.jpg [View same] [iqdb] [saucenao] [google] >>55138577 It means that people who sell short don't feel the need to babble nonsense and just stfu.

>>	Anonymous Wed May 31 10:57:18 2023 No.55139526 >>55139364 London tonight - free blockchain event tonight at 8pm. Free tickets still available. https://4techmix.com/2023/05/31/free-tickets-to-london-blockchain-event-31-5-2023/

>>	Anonymous Wed May 31 10:59:00 2023 No.55139532 >>55139364 London tonight - free event tonight at 8pm. Free tickets still available. https://4techmix.com/2023/05/31/free-tickets-to-london-blockchain-event-31-5-2023/

>>	Anonymous Wed May 31 11:00:14 2023 No.55139538 >>55139526 Not jetting into the city fucking up my co2 footprint when there is sportball in my country today

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