What’s this pump about ? Asian Fomo ? Europeans realising they’re in a dystopian hell ? Everything ? 😂 Never understand why Bitcoin moves when it does 🤷♂️
Discussion
Solar eclipse maybe 🤷♂️
Inelasticity……..
New demand, constricting supply anticipation…….
NGU
You think ? New demand from where ? I’m interested to know, but no idea myself
I think there is an element of secret stackers that will declare themselves at some point…….
Secret stackers can be countries, companies, or billionaires getting into the fray……
This is thing is world money, that has found legitimacy in the eyes of the blind and at this point will demonstrate inelasticity similar to the transaction fees………
I completely agree with you..
Let's not forget retail like were able and can still front running suits and big entities, many still weren't being able to buy btc as they wanted to due to burocracy, but all people working at this places already have these kind of information and probably are front running their own companies buying as private investor somewhere.
Thanks for opinions, appreciate it. I’m not a chartist and no info about this so find all opinions interesting 🤙🫡
Could be any of these, spot on!
But #Bitcoin is going up until it eats everything. Once we are 2-4X the market cap of Gold ($1-$3 million/Bitcoin) opportunity is best ever in human history.
Then the rest will just use/earn Bitcoin - I'm 61 and as excited about the future as I have ever been. Amazing what Bitcoin will do.
As for the short term - it really does not matter. We are on an unstoppable trajectory with some serious volatility until it stablizes at maybe $100 trillion market cap. Calculate that cost/Bitcoin - it's good practice! And we all need to read more books and learn more about the fiat system!