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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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8610755 No.8610755 [Reply] [Original]

what pushed the price in Dec from 11k to 19k in just 17 days?

couldn't be the normies because after that BTC started stagnating and large money poured into BCH and then into other alts

I don't know but it feels very coordinated

>> No.8610761

>>8610755
insiders and big hedge funds who wanted to use CBOE and CME futures to short the shit out of BTC

>> No.8610773

The invisible hand

dyor

>> No.8610793

I had 180k on the sell button but I didn't act on it. Raised from 4k from the start of the year.

People that acted on profit taking sold. Why wouldn't they?

>> No.8610871

>>8610755
>couldn't be the normies
look at the market volume retard.
It was retard redditors over-paying for their 100 dollars worth of Satoshis.

>> No.8610893

>>8610755
it was dem kimchi

>> No.8611477

>>8610755
People going home for Thanksgiving and bragging about mad gains coupled with peak media attention.

>> No.8611514

>>8610761
This

>> No.8612038

>>8610755
Boomers and other idiots in this board who thought it would go up forever

>> No.8612304

>>8610773
the final boss from ssb?

>> No.8612318
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8612318

>>8611477
That’s what YOU did. I bet your family hates you now faggot.

>> No.8612350

>>8612038
It will though. 100 years from now bitcoin will still be used, whatever satoshis one might scrape. This is the early internet and we're not even in Flash games era yet.

>> No.8612460

>>8610755
Prices don't necessarily move up due to people buying. They moves up and down due to panic buying and selling more so if that makes sense. There was a lot of panic buying.