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[ERROR] No.30176518 [Reply] [Original]

So now that it has been unarguably proven that no one in their right mind wants to buy btc above 50k, we are going to go down a lot, right?

>> No.30176852

>>30176518
Crab time at $50k = alt season

>> No.30177049
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[ERROR]

>>30176518
Something will only sell at what someone else will pay for it. Since crypto is based on exactly nothing and is backed by exactly nothing, it's not tied to any companies earnings or future potential. It's literally people buying it on the hope that they can find a bigger sucker later on who will pay more than they did. Extrapolate that out and it's going to fall.

At some point, it will be reinvigorated and go up again. This will by cyclical for a few years until people get burned out on something that is essentially smoke & vapor. Crypto is fire and people are going to get seriously burned.

>> No.30177103

>he thinks he's smarter than a billionaire that just bought another billion dollars worth at an average of 52k

ngmi

>> No.30177163

>>30176518
I bought bitcoin at 50, best decision of my life

>> No.30177177

>>30177103
Warren Buffet shits more money than Elon could ever hope to have. Buffet says it's an idiot play.

>> No.30177204

>elon picture
>retarded post
clockwork

>> No.30177224

>>30177177
>80 year old man who cant use a fliphone says crypto is bad, more at 11

>> No.30177229

>>30176518

Nobody wanted to buy it above 1k look what happened.

>> No.30177242

>>30177177
warren buffet is less rich than elon musk

>> No.30177248

>>30177049
>his will by cyclical for a few years until people get burned out on something that is essentially smoke & vapor.
Crypto is here to stay. Human greed and the hope of making it with 0 effort will always exist.

>> No.30177290

>>30177049
>Since crypto is based on exactly nothing and is backed by exactly nothing, it's not tied to any companies earnings or future potential.

lol the ignorance is outstanding

>> No.30177317

>>30177177
It's a new world post corona. What that old fuck says has no relevance now. Also checked.

>> No.30177358

>>30177177

What’s Warrens actual % gain over the years?

>> No.30177454
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>>30177229
it means the people who bought at 1000 got 20% of the btc they would have gotten by waiting a month

>> No.30177596

>>30177177
>kekw this dumb niggers doesnt realize musk could buy buffet