[ 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: 76 KB, 847x791, bobo-smoking-green-candle-cigar.jpg [View same] [iqdb] [saucenao] [google]
19344731 No.19344731 [Reply] [Original]

What is bitcoin why is it dumping?

>> No.19344825
File: 84 KB, 317x432, 1590420527423[1].jpg [View same] [iqdb] [saucenao] [google]
19344825

some ponzi pyramid that was is supposed to act as a global currency but as its in human nature rather then using it to free them self from financial tyranny they exploited it for personal gain. literally succumbed the devil who offered them materialistic possessions like lambos, mcmansions and prostitutes. and so here we are scamming each other for the fiat that we earned with hard labor.

now to the dumping its because they way it works you have constant selling pressure from the miners. so you have the spot marked bid and ask and constant selling from the miners on top which makes this market fundamentally BEARISH

>> No.19344837

>>19344731
>what is bitcoin
formerly p2p electronic cash, currently a ponzi
>why is it dumping
tether need to print another billion and it will stop

>> No.19344870

like all coins, some ponzi shit that was supposed to have some actual use but is ultimately just a speculative asset to scam other retards with, its only other use is if you want to buy illegal shit out of the recesses of the internet i guess

just buy stocks like someone with an IQ over 80

>> No.19344887
File: 34 KB, 960x767, bitcoin.jpg [View same] [iqdb] [saucenao] [google]
19344887

>>19344731

It is an internet memetoken for binance, bitmex, bitfinex and other casinos which use tether ponzi monopoly dollars

it is dumping because it is worthless

>> No.19344926
File: 16 KB, 376x432, AB3388DC-B4B4-4C5E-9E4F-D76A2E022567.jpg [View same] [iqdb] [saucenao] [google]
19344926

>>19344825
Not today, Bobo

>> No.19345088
File: 4 KB, 249x195, boborocket.jpg [View same] [iqdb] [saucenao] [google]
19345088

>>19344926
is daddy tehter on its way to bail out baby mumu from his bleeding long?