[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 129 KB, 1650x955, Annotation 2020-03-26 210212.png [View same] [iqdb] [saucenao] [google]
18115985 No.18115985 [Reply] [Original]

WTF, why isn't bitcoin pumping to the moon right now? This is exactly why it was created. This is its dream scenario. Has the bitcoin experiment failed us?

>> No.18116166

The halving is a month away. What is going on? Why are we still at 6k?

>> No.18116400

Bitcoin isn't only in America you dumb burger. I love how burgers are the most situational oblivious people and think the crypto market is American centric lmao. It was invented in Australia for starters. We don't all have retard fed and governments floating the NYSE.

>> No.18116408

>>18115985
That's a man

>> No.18116412
File: 213 KB, 1188x786, 18D4A826-040E-4C21-9EDC-EA82DB9FDD8A.jpg [View same] [iqdb] [saucenao] [google]
18116412

>>18115985

>> No.18116423

>>18116408
i concur

>> No.18116439
File: 103 KB, 728x810, 1B53846A-5D25-4BDE-B892-05148366B98C.jpg [View same] [iqdb] [saucenao] [google]
18116439

>>18116400
Why do foreigners always have to chime in about American politics? I literally don’t think about you at all.

>> No.18116463

>>18116408
/thread

>> No.18116525

>>18116439
Op was specifically talking about the correlation between bitcoin price due to market cycles in the USA. If you had any reading comprehension you would have been able to understand a the simple context. I don't want to have to say it, but you are another dumb burger, and unfortunately fit the stereotype for the average American held across the world by everyone else.

>> No.18116593
File: 34 KB, 684x960, 9DC8BDA4-8EE8-4406-A9C3-58AF9DB5AEE7.jpg [View same] [iqdb] [saucenao] [google]
18116593

>>18116525
You both are ignoring the fact the US is basically the worlds reserve currency and all other countries pretty much rely on it. So yes, what happens in the US should make a big impact on BTC

>> No.18116616
File: 53 KB, 679x960, EF93xG6U8AAw0xk.jpg [View same] [iqdb] [saucenao] [google]
18116616

>>18116400
I know you are salty that make hamburger country is nicenicenice unlike your shithole, but we have the biggest economy in the world whether you like it or not and If our Fed says its brrrrrrrr time with the printers it matters to the world economy.

>> No.18116640

>inflationary currency
>deflationary asset

Give it time, btc will go up by the sheer devaluation of the dollar

>> No.18116646

>>18116166
>>18115985

Duplicate ID

>> No.18116695

>>18116646
Yes, I posted in my own thread asking questions. How observant of you.

>> No.18116840

>>18116166
Because we are in a deflationary trap atm, wait until mid may for a massive bullrun as new fiat enters circulation.

>> No.18116991

Bitcoin will go up for other reasons too. Once people are trapped inside due to quarantine they will have nothing better to do than buy BTC. And people are going to lose confidence in fiat.

>> No.18117065

>>18116840
What do you mean by deflationary trap?

>> No.18117240

>>18115985
bitch i got that bitcoin cash

>> No.18117247

>>18115985
Beacause markets are retarded, especially crypto markets. We will have to see actual real world inflation before it reacts.

>> No.18117252

>>18115985
>why isn't bitcoin pumping to the moon right now?
because it failed at everything bitfags were falsely advertising.
>anonymous
>decentralized
>store of value
and the list goes on

>> No.18117304

>>18116646
Yeah, he asked a more specific question. ... Faggot.

>> No.18117840

>>18117252
Bitcoin is literally decentralized. Where is the lie?

>> No.18117954

>>18115985
Because the dollar was deflating because of corona

Printing money only returns us to normal levels of inflation, not hyperinflation

>> No.18118027

>>18116840

this, you gotta wait for the actual fiat to enter markets. that plus bitcoin traditionally pumping 6-12 months after halving = mega moon around dec. 2020, jan 2021.

>> No.18118084

>>18117954
>printing 6 trillion
>normal levels
You can't honestly believe that. Trust me this isn't going to be the first $1200 hand out. This is how hyperinflation begins.

>> No.18118124

>>18118027
12/21/2020 is the date that was predicted by cicada 3301 in 2012.

>> No.18118775

>>18117840
It's literally powered by China, which is a state capitalist country. By extension, BTC is a tool of the Chinese government. Hardly decentralized in practice, even if it was supposed to be in theory.

>> No.18118879

>>18115985
More money printed, the more available for pumping. Crypto gets pumped. Tether gets printed. Dollars cashed out.

>> No.18119000

>>18116166
there's a virus ravaging the world

>> No.18119406

>>18116400
USD is reserves currency???