/biz/ - Business & Finance

>>57345088
checked, but how does scarcity equal demand/high value?

>>57345088
SLURPMAXX all day

>>57345132
https://en.wikipedia.org/wiki/Supply_and_demand

>>57345088
I'm waiting until it's even cheaper, preferably $17,000 by late March.

>>57345152
I dont think we are getting even close to that. 34k quick touchdown at most.
It depends on liquidity and GBTC clamp on price.

>>57345148
ah yes, the demand arises solely due to the finite nature of the asset.

may I offer you some of my dick cheese?

>>57345132
Monetary inflation vs fixed supply

>>57345088
>21 million meme tokens
>extremely scarce

>>57345217
Wait until they lower rates and the halving comes.
We are going to see some serious shit.

>>57345218
does not mean value in real terms.

>>57345088
Something being scarce does not mean it has value. This is what cryptofags fail to understand.

>>57345152
i will still not buy when this shit is sub 1k

>>57345217
It's so easy dunking on crypto cards. They brought it on themselves for attacking the entire investment community the past three years.

>>57345240
It's not going to do what you're hoping it will. Gold on the other hand will do really well.

>>57345237
21m tokens against 157 trillion fiat inflating exponentially.

>>57345207
>I dont think we are getting even close to that.
What percentage of the time do things go the way you think they will?

>>57345245
Neither gold not fiat. Very few assets prices correspond with objective value.

>>57345283
around 65%, enough to make some money swinging (only btc)

>>57345268
gold will do ok

>>57345249

>>57345088
I am going to buy from 38k to 32k.

>>57345270
>there is only two asset classes in existence
Please

>>57345506
I'll buy XTP if we see $32K, as I think it could be the last bottom we'll encounter. The dip is a golden opportunity.