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Commiestomper 3 points ago +3 / -0

Because central banks are buying. It’s artificial. This will be the currency they use if they can pull off the great reset. .

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ChynaBiden [S] 2 points ago +2 / -0

hope you're not joking b/c I actually AGREE with you. the globalist great reset fear is being reflected in any asset that cannot be manipulated, like Bitcoin

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swifty123456 2 points ago +2 / -0

bro relax last timt all time highs was in 2017! when there was also a halving! this year there was a halving it is just normal expected price move

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deleted 2 points ago +2 / -0
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ChynaBiden [S] 2 points ago +2 / -0

agree, and i'm not in Bitcoin nor do I plan to at the moment. But some predict Bitcoin will hit 100k in 3yrs

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deleted 2 points ago +2 / -0
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zooty 1 point ago +1 / -0

If they held, today they would be up.

I do not suggest buying on a rising market though.

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deleted 2 points ago +2 / -0
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deleted 2 points ago +2 / -0
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ChynaBiden [S] 3 points ago +3 / -0

it's highly volatile, agree. but the timing is eerie given that our country's election integrity is worse than Venezuela

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LegalResident 2 points ago +2 / -0

The firmness of my stool is a better economic indicator

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ChynaBiden [S] 1 point ago +1 / -0

haha, that's actually funny. but it seems strange that we have a fucking potato who's been rigged in, and Bitcoin hits all time high

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polk_high_4_td 2 points ago +2 / -0

It's not going to be mass unrest. Most of the institutions haven't gotten into bitcoin, but now they are starting to put some of their cash reserves - as a hedge against the dollar (which is losing value) or just to have it for some of their investors, etc.

You'll see more piling in over the next couple years. Gold has a $10 Trillion or so market cap, while Bitcoin is only at like $400 Billion. It's probably going to be $100k per bitcoin at some point in the next 1-3 years as more and more people like Paul Tudor Jones get involved.

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the-new-style 2 points ago +2 / -0

The price of BitCoin doesn't foretell anything except that people want to own BitCoin

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ChynaBiden [S] 2 points ago +2 / -0

that is overly simple. people buy BitCoin as a hedge against devaluation of fiat currenty

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the-new-style 2 points ago +2 / -0

That still doesn't foretell anything.

And also Gold & Silver has remained relatively flat for months.

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deleted 2 points ago +2 / -0
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ChynaBiden [S] 1 point ago +1 / -0

my sentiments exactly. the Dow / SPY hitting ATH is a result of handful of fucking Commie tech companies that have exaggerated effect on the index

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deleted 0 points ago +2 / -2
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ChynaBiden [S] 2 points ago +2 / -0

it hit all time high, not all time low

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deleted 2 points ago +2 / -0
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ChynaBiden [S] 1 point ago +1 / -0

I read a few years ago that it costs $1000 to create a new Bitcoin. Not sure how much it costs today. Ponzi would imply that the underlying asset has no value

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deleted 1 point ago +1 / -0