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/biz/ - Business & Finance

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5011615 No.5011615 [Reply] [Original]

Normies are smarter than we thought.

They FOMO buyed BTC to ATH, this was their baptism to cryptocurrencies. Then they realized that it's already mooned and extremely priced in (they're only making more rich early adopters), so they started looking for the new Bitcoin and overbought the king of shitcoins (LTC).

I'm not shitposting, think about it.
BTC going from $15k to $1m is a 6500% gain

LTC going from $150 to $10k is as much as a 6500% with the difference that they can afford a whole LTC right now.

They don't give a fuck about the tech, the use case and shit they just want to make money, dollars (not more BTC) and store them in fucking banks. So why should they fucking buy Bitcoin instead of pumping LTC to $10k?

>> No.5011648

>>5011615
Why would you swap one obsolete coin for another obsolete coin when you can buy ethereum?

Are you a FUCKING RETARD I think so

>> No.5011690
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5011690

>>5011615
>https://www.youtube.com/watch?v=HVQzTCq39cI
PRESS F TO PAY RESPECT

>> No.5011694

because they're dumb normies. i doubt half the people who own bitcoin know what the fuck it is....why would they care if there was a coin with better tech?

>> No.5011786

>>5011648
Because ethereum will become obsolete due to rootstock.

>> No.5011815

>>5011648
Because ethereum was obsolete broken tech from the start

>> No.5011827

>>5011786
rootstock will become obsolete due to BTC tho.

>> No.5012066

>>5011648
Because is more expensive.

They can buy 2 LTC instead of 1 ETH.

They don't give a fuck about the tech, they don't know and don't care about smart contracts, low fees etc it's just making money.

They don't even know what a market cap is, if a coinbase would add Ripple they will pump it hard because they can buy a cryptocurrency at $0.25 and believe than it will go to $10000.

They would even pump Dogecoin, as much as they care, the cheapest the better.

>> No.5012325

>>5011827
Nothing will ever be more obsolete than King Bitcoin Obsolete (BO) LMFAO

>> No.5012421
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5012421

This normie meme has to stop, you fucking losers.

The price hike is largely big money, institutional, individuals or "normies" as you claim make up a fair amount but not the majority of funds that came in the last month.

The market moves by large investors, and small fish follow the waves, to think the hoard of "normies" is dictating the direction of pumps is naive. New individuals are no different to you, you see, for you are all just as desperate willing to listen to the whim of every whistle for some "free money".

What seperates the smart and dumb really, is the ability to be one step ahead the whole time, buying right now what is not mooning or being hyped.

Get good or get rekt losers.