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11130570 No.11130570 [Reply] [Original]

we have only 2x higher tx count since 2015.

2x adoption
30x higher price

how is this a good buy?

>> No.11130585

Faggot, doubling is sick as fuck.

>> No.11130601

>>11130585
it is but how does that justify going from 200$ to 6k$?

ever thought about the possibility that btc is on its way to correct to its true value right now?

how does 2x adoption equal 30x gains you parasite

>> No.11130611

>>11130601
btc will NEVER be under 15k again

>> No.11130616

>>11130570
Btc dictates other coins value

>> No.11130619

>>11130601
yes because of square law

>> No.11130632

>>11130619
explain

>> No.11130635

>>11130601
100k eoy. kys deluded bear

>> No.11131114

using the same idiotic reasoning you can say that btc was severely undervalued in 2015

>> No.11131137

>>11130570
>he thinks the number of transactions matters
>he still doesn't realize it's all about hoarding btc to limit the circulating supply
>he still thinks that buying a coffee with crypto is important
>he probably came here from reddit

>> No.11131167

>>11130570
You are assuming the price was fair in 2015. Also, google Metcalfe's law. The value of networks with significant network effects don't scale linearly with size.

>> No.11131207
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11131207

btc is the digital gold standard of the crypto world

>> No.11131526

>>11131137
You're completely delusional, lmao.

>> No.11131564

>>11131526
no, you are, read up on tokens velocity and come back with arguments if you have any. The more people hoard and the more the circulating supply shrinks the better, if coins just change hands all the time there is 0 reason for them to appreciate.

All the people bitching about
>mmuh satoshi vision, muh coffee transaction
are retarded redditors thinking that crypto will be a global currency lmao as if that was gonna help with its price as oppose to a few rich fucks hoarding it as a store of value

>> No.11131789

>>11130570
We're passing more money through the system.

But on 2015 BTC was very undervalued. Right now we're right below overvalued. So it will go to 7xxx and crash back to what it is now.

Always long at 6K or so, and short above 7K.

See: http://charts.woobull.com/bitcoin-nvt-signal/

We have crashed above 160x in this ratio for the last five years. When it went below 50 it usually went up not much later

>> No.11131960

>>11130570
BRAAAAP
R
A
A
A
P