/biz/ - Business & Finance

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Anonymous Sun Dec 27 08:28:57 2020 No.25208933 [Reply] [Original]

WHAT makes it's price increase?

>>	Anonymous Sun Dec 27 08:29:40 2020 No.25208949 >>25208933 the collective unconscious

>>	Anonymous Sun Dec 27 08:29:57 2020 No.25208956 >>25208933 people buying it and holding it. this isn't hard.

>>	Anonymous Sun Dec 27 08:30:34 2020 No.25208969 >>25208933 People betting that it will increase in price. Nothing else.

>>	Anonymous Sun Dec 27 08:30:44 2020 No.25208971 >>25208933 USD collapse

>>	Anonymous Sun Dec 27 08:31:11 2020 No.25208979 greedy speculators!

>>	Anonymous Sun Dec 27 08:31:24 2020 No.25208982 This year it's institutional adoption

>>	Anonymous Sun Dec 27 08:35:23 2020 No.25209060 >>25208933 The collapse of America, enjoy

>>	Anonymous Sun Dec 27 08:35:50 2020 No.25209071 >>25208933 hebraic rituals

>>	Anonymous Sun Dec 27 08:36:12 2020 No.25209075 >>25208933 network effect

>>	Anonymous Sun Dec 27 08:36:33 2020 No.25209081 >>25208933 Tether printer goes brrrrrrrr

>>	Anonymous Sun Dec 27 08:36:52 2020 No.25209088 >>25208933 voodoo witch craft

>>	Anonymous Sun Dec 27 08:37:35 2020 No.25209105 70% of its value is from the size of the network (i.e. number of wallets in use)

>>	Anonymous Sun Dec 27 08:43:09 2020 No.25209216 >>25209105 what does internet explorer have to do with pocketbooks

>>	Anonymous Sun Dec 27 08:43:47 2020 No.25209225 >>25208933 Tether

>>	Anonymous Sun Dec 27 08:44:07 2020 No.25209229 >>25208933 Tether printer

>>	Anonymous Sun Dec 27 08:44:34 2020 No.25209237 >>25208933 Ur mom hahaha xD

>>	Anonymous Sun Dec 27 08:45:21 2020 No.25209249 File: 1.58 MB, 815x815, Screenshot_2020-12-16 tether image – Szukaj w Google(5).png [View same] [iqdb] [saucenao] [google] TETHER USDT

Anonymous Sun Dec 27 08:47:23 2020 No.25209277

>>25208933
The concept of the calculation is to understand "excess capital". So in basics:
* No one is buying $120M manhattan condos because its smart use of money per sq/ft for living space
* No one is buying Gold because they like shiny metal
* No one is buying non-dividend paying stocks for any cashflow reasons
* No one is buying a $50m Jackson Pollock painting because they think it looks cool
These things are all just various "SoV" (ie. alt bank accounts). This is what BTC's competitors are.
If you add up all the "excess capital" in stocks, art, gold, real estate you come to a Total Available Market of about $100T - thus $4M potential for BTC

>>	Anonymous Sun Dec 27 08:47:58 2020 No.25209288 >>25208933 88.49% that's all you need to know

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