What determines the price of Bitcoin?
What determines the price of Bitcoin?
Adrian Thomas
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Thomas Campbell
Some jew in a room with no windows in Uruguay flipping coins
Brody Long
G-O-D
Christian Brooks
Jews
Nathaniel Rivera
Panic or Confidence, nothing more.
Josiah Sanders
Supply, demand, and centralized jew hedge funds. Guess which has the most impact
Tyler Nelson
you think youre joking but you dont realize the majority of crypto "whales" are the individual usa jewish billionaires
Austin Scott
the value at which it is exchanged
Aaron Smith
but it has no utility... what can I do with Bitcoin that I can't do with USD?
Liam Jackson
furries
Landon Smith
The people who already own the majority of the Nasdaq
Jackson White
No its literally a jew in Uruguay
Jacob Gray
protect yourself against inflation in an asset with a finite amount and no centralized ownership
Henry Turner
Buy USD
Colton Rogers
when it's so closely correlated with other assets, and just like them depends on inflation? how?
Samuel Phillips
>No centralized ownership
toppest of tippy topkeks.
Henry Price
Mass hysteria. The illogical mob
Christopher Diaz
The only thing I've ever used btc for was for buying drugs
James Torres
Vanguard and Blackrock
Dylan Roberts
yes there are whales but no one person or company controls the network. Anyone can run their own node. Eth is ran primarily on AWS servers
Daniel Jones
Just because something is finite, doesn't mean it has value. It needs to serve some utility other than just existing.
Chase King
do you find yourself upset by those trying to legitimatize this currency without legititizing the industry (drug trafficking) that made it so popular and possibly aided in its growth?
Evan Martinez
It is currently items of a know quantity at an auction.
You want it, you pay what people are selling it at, on top of the fee for the autioneer.
Until it finds a use other than a token of barter ( ie a financial currency reserve) it will be at the mercy of day traders
Sebastian Clark
First off, AWS doesn't mean the server doesn't exist you autist, just that AWS owns it and rents it to whoever. The cloud isn't real, just computers somewhere else. Next off, two or three hedges can control it by agreeing to terms and "happening to move in the same direction."
You're dumber than a stump if you think this is a viable longterm wealth store. You deserve to lose the money you do when it collapses and everyone pulls out leaving you holding the bag. Crypto is quick cash and exit scams now, get in, get your cash, get out, get over it.
Luke Stewart
lol the fact that you relate bitcoin and all other "crypto" as equal, shows that you have no idea what you are talking about