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Anonymous Thu Dec 17 10:35:35 2020 No.24892932 [Reply] [Original]

Why is Bitcoin pumping?

>>	Anonymous Thu Dec 17 10:36:10 2020 No.24892952 The dollar

>>	Anonymous Thu Dec 17 10:36:35 2020 No.24892964 >>24892932 built by ** for the *

>>	Anonymous Thu Dec 17 10:36:37 2020 No.24892965 Cuz yur a fag

>>	Anonymous Thu Dec 17 10:48:30 2020 No.24893326 >>24892932 sweet burrito jesus. imagine having this tithog cook you tacos

>>	Anonymous Thu Dec 17 10:49:38 2020 No.24893371 Wanna know how I know you're a newfag?

>>	Anonymous Thu Dec 17 11:01:33 2020 No.24893735 >>24893371 should I buy bitcoin right now?

>>	Anonymous Thu Dec 17 11:03:20 2020 No.24893771 >>24892932 Because it is, there's no real reason behind this massive pump. Longterm buttcorn is trending up but these tiny bubbles come and go quite randomly.

>>	Anonymous Thu Dec 17 11:04:20 2020 No.24893803 >>24892932 this is my fetish fuck

>>	Anonymous Thu Dec 17 11:06:58 2020 No.24893884 >>24893803 A fetish for big boobs? You absolute deviant.

>>	Anonymous Thu Dec 17 11:09:18 2020 No.24893968 >>24893884 Boobs growth, it has a slight more pervert nuance.

>>	Anonymous Thu Dec 17 11:09:47 2020 No.24893989 >>24892932 Source?

>>	Anonymous Thu Dec 17 11:10:28 2020 No.24894012 Because it's a bull run you fucking nonce

Anonymous Thu Dec 17 11:17:06 2020 No.24894231

>>24892932

Because probably less than 100 people control ~90% of the market, both in stocks and crypto. Take everyone on this board, AND everyone on whatever plebbit's investment and crypto subplebbits are, AND team them up with all the middle-class boomers with 401k's. Get them all together and coordinate all their buying and selling, and all their capital perfectly, you would maybe be able to move the price of BTC less than 5%. Massive pumps and massive dumps are just when a handful of those super-wealthy, either by coincidence or design, happen to do the same thing at the same time.

This is why roughly 90% of the time there is no relationship at all between price and news. Coin with solid technology announces partnership with US GOV, Google, and Amazon - pumps 5%. Coin with literally zero use case and obsolete technology on a random Tuesday with no news - pumps 15%. It's just because rich people bought a bunch. Nothing more.

>>	Anonymous Thu Dec 17 11:20:44 2020 No.24894360 >>24894231 r/ProgressiveGrowth

>>	Anonymous Thu Dec 17 11:21:37 2020 No.24894397 >>24893989 jaki senpai

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