Post
Topic
Board Economics
Re: how in the world is btc at $12.303,28?
by
hulla
on 18/08/2020, 19:18:09 UTC
how in the world is btc at $12.303,28?

https://coinmarketcap.com/currencies/bitcoin/

there is nothing ,absolutely nothing to make btc from technical point worth so much ...

Nobody is using their btc to buy goods/services ,i know do to fact i am accepting btc and no clients via btc this month ...zero orders via btc. No real liquidity ..people are just hording.
You seem not to understand that there are some market trend no technical analysis will see or know what actually cause. Besides, people are holding while the whales are accumulating more crypto and I will advise you to join whales alert so you can informed about whales buys/sells.

Welcome to the crypto world !

I really hope i am not right about what i think it is as we will see btc worth 1-2 usd

And ethereum at $429,87 ....
Even Vitalik will never expect such situations occur.


Are people that stupid to forget that in March btc was at  8000 usd and eth  was at 130 usd .... ?
They are not stupid but after bitcoin halving bullish market is expected.

Well if you guys say  bitcoin is a "investment" good luck with it...i am out of btc world ...as bitcoin is no longer a currency .
Bitcoin is a currency and also an investment but just because youre merchant or have a store where you accept bitcoin as payment and none of clients pay with bitcoin doesn't mean bitcoin shouldn't surge above $11K cause thats a sign that people choose to hold than spend it mind you the price of the market depend on the level of market demand and supply.