Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gachapin
on 11/11/2024, 11:04:00 UTC
Quote from: LoyceV on Today at 10:54:48 AM
Quote from: bitserve on Today at 10:18:28 AM
Quote from: El duderino_ on Today at 10:12:18 AM


Classics remain classics
... Yet it still amaze me how every single time it happens AGAIN even if we expect it.
Isn't this exchanging cause and effect? People aren't buying because Bitcoin costs $80k, Bitcoin costs $80k because people are buying.

true..

also, Bitcoin is a Veblen good
https://en.wikipedia.org/wiki/Veblen_good