Is it really gambling?

[Anonymous No.12582445]

What EXACTLY causes stocks to spike in price?
Like from 2 dollars per share to 20.
And why does it seem to only happen like once? For example, bitcoin. It spiked to 19k at one point but never again. What causes such dramatic spikes?

[Anonymous No.12582706]

Here's a selfie. Now answer me, cunts

[Anonymous No.12582929]

it depends on the geographical focus of volume, geopolitics sort of. in bitcoins case, not being government regulated, it's mostly in the hands of the chinese miners. what happened in 2017 was a concerted effort to diminish supply -- causing the price to rise -- until the chinese new year, when the chinks cashed out for celebrations -- causing the dump.

[Anonymous No.12582950]

>>12582706
also you're very sexy op pm me and I'll add you to my signals mailing list ;)

[Anonymous No.12582968]

>>12582445
normie speculation

[Anonymous No.12582996]

>>12582950
It was just a random chick kek

[Anonymous No.12582999]

>>12582445
It is gambling
Except it's even harder, because you can't calculate the probability

[Anonymous No.12583084]

Gonna school you boy, pay attention.

Price is a result of the firepower of the market makers and the availability of buyers and sellers. Anyone who tells you otherwise is an absolute fucking retard.

Professional traders, some on their own, some working for various leveraged funds and institutions, found the Bitcoin market 1) unregulated 2) illiquid 3) having strong ideological backing.

Unregulated means the safeguards that provide some semblance of protection for retail investors are completely absent. No one will go to jail for manipulating crypto markets, no matter how blatant.

Illiquidity means (relatively) small amounts of money can create large movements in price. For example, strategically buying 50 million dollars in Bitcoin can move the price a few thousand dollars and give be appearance of billions of dollars of increase in market capitalization.

Strong ideological backing means large groups of people susceptible to psychological manipulation. The bull run and subsequent bear market are nothing more than the musings of professional traders with money who understand how market psychology works. You 10 months ago: omg my shitcoin is gonna change the world, I’ll buy it for $5. You today: my shitcoin is worth 5 cents, I’ll hodl, strong hands. You aren’t the first to do this and you won’t be the last.