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Anonymous Thu May 28 06:38:05 2020 No.19384072 [Reply] [Original]

WHY IS BITCOIN NOT GOING UP FASTER

>>	Anonymous Thu May 28 06:58:09 2020 No.19384231 >>19384072 BECAUSE MUH HALVING IS NOTHINGBURGER

>>	Anonymous Thu May 28 06:59:53 2020 No.19384254 File: 8 KB, 231x218, 1566862422991s.jpg [View same] [iqdb] [saucenao] [google] >>19384231 I have longs open on high leverage after passing 9k and this is driving me fucking NUTS!!!

>>	Anonymous Thu May 28 07:00:36 2020 No.19384264 >>19384072 Because halving effects take months.

Anonymous Thu May 28 07:03:48 2020 No.19384294

>>19384072
Why would it go up at all? Also, why would it go down? It's driven entirely by swirling speculative winds and isn't tied to anything in the real world. Why does it even exist, and why do people buy it and sell it? Answer: they buy it to resell it.

>>	Anonymous Thu May 28 07:04:05 2020 No.19384297 Because it's not worth anything

>>	Anonymous Thu May 28 07:05:43 2020 No.19384311 >>19384294 based and fiat-pilled

>>	Anonymous Thu May 28 07:07:12 2020 No.19384318 >>19384297 That is a really stupid statement. Everything, I repeat EVEYRTHING, be it physical or an idea, or a code, is with as much as people are willing to pay for it. That how it all works retard.

>>	Anonymous Thu May 28 07:08:19 2020 No.19384329 *worth

Anonymous Thu May 28 07:16:59 2020 No.19384410

>>19384318

yes, but the difference between bitcoin and say stocks is that bitcoins value is entirely based on the idea that it will be worth more tomorrow.
You can't point to anything in the real world that affects bitcoins price, it's purely based on speculation.
Assets like this will eventually crash to absolutely nothing, which has been shown time and time again throughout history.

>>	Anonymous Thu May 28 07:25:31 2020 No.19384477 >>19384072 Nigga the 20k aint gonna be till 2022 according to the logarithm charts, sorry

>>	Anonymous Thu May 28 07:25:35 2020 No.19384478 >>19384410 This has been evident since 2018 lmao

>>	Anonymous Thu May 28 07:31:05 2020 No.19384529 >>19384477 lmao what an idiot. tell us what is the connection between a logarithm graph projection and actual reality

>>	Anonymous Thu May 28 07:32:33 2020 No.19384549 >>19384072 Bitcoin is going to 3k. Retard

Anonymous Thu May 28 07:33:07 2020 No.19384555

>>19384072
Because:
1. it's a privately digitally created datachain not accepted as means of payment and already inflated by early "investors".
2. There are numerous people still sitting on large amounts they need to get rid off, big enough when sold to cause market collapse, cryptofags call them fearfully "whales"
3. in the case of bitcoin: it's technically an outdated blockchain project

>>	Anonymous Thu May 28 08:08:26 2020 No.19384909 >>19384549 Dream on

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