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12213348 No.12213348 [Reply] [Original]

what is stopping bitcoin from rising? explain.

>> No.12213365

>>12213348
Normal people aren't buying. Even most people into crypto aren't buying. Just a few whales doing some pumps now and then (you gotta ask yourself why? what's their end goal with that?). As a result, volume is declining.

>> No.12213370

people not buying it.

>> No.12213379

capitulation is for bubbles. cryptocurrencies are not bubbles, not pump&dump and not overvalued. there is just a bull market. forever. with big corrections, of course. but its a 1000 year bull market.

>> No.12213407

do you have 17 million 4000 dollar bills

>> No.12213418

>>12213348
Millions of coins sitting in wallets doing jackshit. If you sell them you get USD that buys you shit in the real world. What would you rather have?

>> No.12213419

>>12213348
Jews made it inflationary with paper futures contracts on cboe

>> No.12213420

the SEC banned crypto which is stopping normies

>> No.12213421

>>12213348
Sellers and lack of buyers

>> No.12213434

>>12213348
>Market makers and shorters
>Bots squeezing out every penny
>Fud and lack of awareness

>> No.12213456

>>12213419
This. It is naive to think that the average folks have something to do with the price

>> No.12213874
File: 92 KB, 1052x837, unfixable.jpg [View same] [iqdb] [saucenao] [google]
12213874

>>12213348
>what is stopping bitcoin from rising?

>> No.12213895

>>12213348
JP Morgan just got caught supressing silver prices for about a decade. Silver threatened them.
Use crypto, lets build the new economy.

>> No.12213903

>>12213418
>sitting in wallets
ie they are not being sold. why do you think that is?

>> No.12213910

that anon still hasn’t sold

>> No.12213940

>>12213419
the futures contracts are cash-settled, and volumes have been too insignificant. no real evidence of rehypothecation in bitcoin yet, although (((they))) will certainly try. bitmex likely had some impact though
>>12213456
not entirely true. if just a few hundred thousand normies bought one BTC each "just in case" and left it for a few years, the impact on supply/demand would be insane. the tradable pool of bitcoins is only a few % of circulating

>> No.12214908

bump before fresco spammer kills this thread

>> No.12214932
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12214932

>>12214908
SAGE IN ALL FIELDS

SAGE

>> No.12214939
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12214939

>>12213348

Is that thing in that picture living on the blockchain too?

>> No.12214970

>>12214939
Yes. It visits little Pepe's while they sleep and begin eating them alive, like a woodpecker but 1000 times faster and more violent.

>> No.12214971

>>12213895
Sauce?

I knew it was being held down - I lost a lot on silver

>> No.12215351

>>12213365
Late autists started checking price every once in a while and bought at mid 2016 to early 2017

Now it's the normies. They may not be buying now, but they are definitely checking the price once in a while. They are more aware than before, they don't just discard it as "muh scam/ponzi" anymore. Normies want the money, just needs to be sure that bear market is over. Once the price goes above $8500, normie money will start flowing in again.It'll be much much faster than last bull.