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/biz/ - Business & Finance


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18224800 No.18224800 [Reply] [Original]

We need to get all the normies to pump Bitcoin. We need to convince them that its the new gold. It's the only safe store of value. Stop shilling all the shitcoins, and just focus on Bitcoin again, like the old days. Chainlink was trying to do this, but it obviously didn't catch on. Bitcoin and Coinbase are mainstream enough to get normie attention. We need to start convincing everyone that the true value of Bitcoin is 100k. Everyone start pumping, and don't dump until we get to 100k. If we all work together, we can make it happen!

>> No.18224972

that’s true, but it wont happen

>> No.18225023

>>18224800
>We need to convince them that its the new gold
nah just wait for it to break ATH, they'll be back in droves. You'll be begging to get rid of them by then

>> No.18225066

>>18224800
No thanks. I want BTC under $2K, and it's about to happen this year.

This shit used to be $1 and never corrected from 2017. It's time.

I need more Nervos as cheap as possible too.

>> No.18225418

Retail liquidity is just a blip, Pareto Principle applies in all markets. I bet less than 0.1% of biz has 100 BTC. To manipulate the Bitcoin Index Price it starts at 10,000 btc that need to be traded on 6 different spot exchanges, kraken, coinbase, bitfinex, poloniex, binance, itbit, gemini.

Less 4% of the bitcoins in circulation are being traded. The other 96% of the supply are withheld to enforce scarcity and used to manipulate the prices. The institutions who control the supply will control the price.
https://greater-fools.com/2019/12/21/cryptocurrencies-are-still-the-best-performing-asset-class/