Quote:
Originally Posted by adultinnovation
People don't buy BitCoin because they want BitCoin. They buy BitCoin because they want more Dollars. They only care about how much BitCoin they can flip into Dollars.
Crypto is just a new way to gamble.
Buy it low then hope it sky rockets in value then sell it for real money AKA the dolla dolla bill |
That vast majority of Bitcoin supply is stored off exchanges and doesn't move, which means your theory is factually bullshit. People buy Bitcoin to save it, as it has proven to be the best savings technology in human history. If you would like to read and learn about that data, check here:
https://medium.com/coinmonks/70-of-a...r-89fa289dc048
and another article:
https://www.coindesk.com/markets/202...rd-high-of-70/
source:
https://studio.glassnode.com/metrics...00611200&zoom=
@adultinnovation you've been saying the same bullshit about Bitcoin for over 10 years since it was $100 when will you give up and admit that your comments have been completely wrong and you lack the knowledge to give any advice on Bitcoin?
I don't think you really understand the math & logic behind Bitcoin paring with any fiat currency (BTC finite vs fiat infinite). Seems like you refuse to learn it, squash that ego as it has done nothing but hold you down. YOU CAN DO ITTTTTTT
