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/biz/ - Business & Finance

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Anonymous Sat Jan 9 18:24:22 2021 No.25755691 [Reply] [Original]

In one sentence, explain why the price of cryptocurrency goes up.

>>	Anonymous Sat Jan 9 18:25:58 2021 No.25755760 >>25755691 hard mode: one word > buyed

>>	Anonymous Sat Jan 9 18:26:31 2021 No.25755779 scarcity

>>	Anonymous Sat Jan 9 18:26:58 2021 No.25755795 Dollar is kill slowly then quickly

>>	Anonymous Sat Jan 9 18:27:18 2021 No.25755807 >>25755691 Because usd purchasing power goes down

>>	Anonymous Sat Jan 9 18:27:28 2021 No.25755815 People are stupid, but there are always even stupider people to carry their bags for them. >>25755760 >green

>>	Anonymous Sat Jan 9 18:27:31 2021 No.25755818 no selled

>>	Anonymous Sat Jan 9 18:27:53 2021 No.25755831 >>25755691 The value of fiat goes down.

>>	Anonymous Sat Jan 9 18:28:09 2021 No.25755844 demand increases faster than supply

>>	Anonymous Sat Jan 9 18:28:26 2021 No.25755863 >>25755691 Fiatisunstable.jpg

>>	Anonymous Sat Jan 9 18:30:47 2021 No.25755953 >>25755691 it doesnt, the Real price of the dollar is going down

>>	Anonymous Sat Jan 9 18:31:27 2021 No.25755980 >>25755691 Boomers

Anonymous Sat Jan 9 18:31:39 2021 No.25755986

>>25755691
I wish this was true but MMT fucked this up...private companies are buying too much btc and they don’t sell or get scarred...they keep it as a treasury. Only normies and bad trades follow this...and they will own less and less btc as time goes on...this chart will work until it doesn’t and I feel like we’re getting closer to dumping this mentality.

>>	Anonymous Sat Jan 9 18:32:34 2021 No.25756030 >>25755691 because you, or I or somebody else executes a market buy order

>>	Anonymous Sat Jan 9 18:32:48 2021 No.25756042 >>25755691 because it solves the lambo problem

>>	Anonymous Sat Jan 9 18:37:40 2021 No.25756211 >>25755691 jews

>>	Anonymous Sat Jan 9 18:38:38 2021 No.25756245 >>25756030 because of >>25755844 because of >>25755807 /thread

>>	Anonymous Sat Jan 9 18:38:44 2021 No.25756255 >>25755691 Tether

Anonymous Sat Jan 9 18:38:45 2021 No.25756256

Not one sentence but because the fed keeps printing fiat. Imagine a blade of grass moving because of the wind you can prolly graph the grass's movement against the wind there's a hidden formula for the grasses movement. Think of BTC as the grass and the wind as the fed printing fiat. Btc's movement can be graphed and you can attach a formula to it.

>>	Anonymous Sat Jan 9 18:42:48 2021 No.25756407 >>25756256 What the fuck are you talking about

>>	Anonymous Sat Jan 9 18:44:10 2021 No.25756468 >>25755691 It good.

>>	Anonymous Sat Jan 9 18:46:15 2021 No.25756559 File: 35 KB, 640x646, 1610235590798.jpg [View same] [iqdb] [saucenao] [google] >>25756256 Don't take this the wrong way, but you are the single biggest retard on this entire board.

>>	Anonymous Sat Jan 9 18:48:08 2021 No.25756638 >>25755691 The same reason the price of literally anything else in the world goes up: because people think it is worth more.

>>	Anonymous Sat Jan 9 18:50:23 2021 No.25756718 File: 41 KB, 800x450, oogaboogaaa.jpg [View same] [iqdb] [saucenao] [google] >>25755691 not enough bitrock come from quarry but tribe want more bitrock so will pay more berry.

>>	Anonymous Sat Jan 9 18:50:59 2021 No.25756733 >>25756256 >imagine the grass moving because of the wind >imagine the grass is thinking of BTC is grass >the wind is the OP's retarded brain

>>	Anonymous Sat Jan 9 18:51:20 2021 No.25756751 PONZI

>>	Anonymous Sat Jan 9 18:51:20 2021 No.25756750 >>25755691 zoomers like bitcorn and boomers like gold but they'll die soon.

>>	Anonymous Sat Jan 9 18:51:54 2021 No.25756776 >>25756559 He sounds like a stoned 16 year old

>>	Anonymous Sat Jan 9 18:54:07 2021 No.25756858 Cause (pe)o(p)l(e) trust it

>>	Anonymous Sat Jan 9 18:55:39 2021 No.25756904 >>25755691 Buy my bags, retard.

>>	Anonymous Sat Jan 9 18:58:16 2021 No.25757011 >>25756858 (Po)werful th(o)ughts anon

>>	Anonymous Sat Jan 9 18:58:57 2021 No.25757035 >>25755691 demand exceeds supply

>>	Anonymous Sat Jan 9 19:01:41 2021 No.25757139 >>25756256 If zen went retarded

>>	Anonymous Sat Jan 9 19:02:57 2021 No.25757180 >>25755691 scarce supply exponentially growing demand

>>	Anonymous Sat Jan 9 19:03:02 2021 No.25757183 >>25755691 you're buying a technology that grows exponentially and the price is a reflection of the amount of participation in the network.

>>	Anonymous Sat Jan 9 19:05:53 2021 No.25757279 >>25755691 Tether prints USDT, then it uses it to buy cryptocurrencies on their own exchange with a bot. This propels price, which leads to FOMO, which makes them able to sell the cryptocurrency for a gain.

>>	Anonymous Sat Jan 9 19:07:53 2021 No.25757357 File: 337 KB, 800x1162, RobertFuddBewusstsein17Jh.png [View same] [iqdb] [saucenao] [google] >>25756256 thank you anon i just now reached enlightenmnet

>>	Anonymous Sat Jan 9 19:34:50 2021 No.25758406 >>25755691 bump

Anonymous Sat Jan 9 19:45:17 2021 No.25758887
File: 69 KB, 680x680, Wojack #5783234.jpg [View same] [iqdb] [saucenao] [google]

>>25755691
Suppose that for a simple second of time - man, the beast who has conquered fire, - finds the significance and valuation in an item not dawned onto his other tribesman; for of course, the notion of the fact is the item in it of itself is useless, its valued is perceived as useful, thus, it can be said its in-valuation is thus the result of said valuation and thus of course without repose - and with just sanctity - it is, which by contrary juxtaposition to that matter, is derived value - in it of itself - pure and utter significant in the form of divine utility.

>>	Anonymous Sat Jan 9 19:45:25 2021 No.25758894 >>25756256 IQ140 answer.

>>	Anonymous Sat Jan 9 19:46:34 2021 No.25758939 >>25755691 supply and demand retard

>>	Anonymous Sat Jan 9 19:47:02 2021 No.25758958 >>25755691 speculation and investment bank manipulation ponzi schemes

>>	Anonymous Sat Jan 9 19:47:09 2021 No.25758960 Fiat value changes because it rots and bitcoin value changes because it is alive.

>>	Anonymous Sat Jan 9 19:47:20 2021 No.25758968 >>25755691 monopoly money and computers

>>	Anonymous Sat Jan 9 19:47:43 2021 No.25758986 >>25756256 Thanks Kanye

>>	Anonymous Sat Jan 9 19:51:39 2021 No.25759124 >>25755691 sneed

>>	Anonymous Sat Jan 9 19:53:24 2021 No.25759190 File: 51 KB, 800x450, imbrillianterthanyouhaha.jpg [View same] [iqdb] [saucenao] [google] >>25755986 >

>>	Anonymous Sat Jan 9 19:54:02 2021 No.25759212 >>25755691 scam scam big scam

>>	Anonymous Sat Jan 9 19:54:26 2021 No.25759230 >>25756256 You niggas need to quit drugs tbqh

>>	Anonymous Sat Jan 9 19:55:20 2021 No.25759263 >>25755691 Demand outpacing supply.

>>	Anonymous Sat Jan 9 19:56:19 2021 No.25759304 Clown world.

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