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/biz/ - Business & Finance

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4646504 No.4646504 [Reply] [Original]

Literally who is funneling so much fucking money into btc? Wealthy tax evading china man?

>> No.4646531

>>4646504

All the wall street brainlets who mocked bitcoin for years are now funnelling their billions into it

>> No.4646536
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4646536

God

>> No.4646551
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4646551

>>4646504
the entire fucking world.

>> No.4646555

>>4646531
Yeah this. The site I buy bitcoin from ran out of supply yesterday and today. This is one of the craziest bull runs so far.

>> No.4646586

>>4646531
i don't think they would do that at ath....

>> No.4646609

>>4646586
Theres a new ATH every fucking day/week for the past three months.

>> No.4646634

The Tulip Age is back. Thankfully, tokens don't rot like tulips did.

>> No.4646646

>>4646504
tether

>> No.4646671

tether, duh

>> No.4646681

>>4646609
exactly.... so it's probably not them.

my guess, teenagers.

>> No.4646722

>>4646555

which supplier is this?

>> No.4646765

>>4646504
normies

>> No.4647667

coinbase has 10 M users. they've been getting 100k new users EVERY DAY. 1% gain per day.

how can we predict when this growth stops?
if we kept an eye on it wed know when to cover our btc longs

>> No.4647708

>>4647667
https://docs.google.com/spreadsheets/d/1NgvD2kFT69mSXuJPzPDu-Qv9SS1ck2iPt6Kw9a55z0k/edit#gid=0
ok here we go. coinbase has not updated this list in a few days.

but cb already has 10 milloin, only 300 m people in US..... how many more really could make accounts??

>> No.4647741

>>4646504
Jap payday loans and NEET lawnmowing money

>> No.4647777

>>4647708
you forgot the billion pajeets

>> No.4647801

>all news about hitting 10K
>big bang normie did a show about it
>memes about bitcoin on instagram

NORMIES ARE COMING BRO

>> No.4647802

>>4646586
Every news outlet in the world is paying attention to the $10k milestone. Normie FOMO is CRAZY atm

>> No.4648082

>>4647802
This.

>> No.4648164
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4648164

It's the Koreans worried about a war with North Korea. Bitcoin is trading for $12k on Korean exchanges!

>> No.4648362

>>4647801
Normie invasion has begun, it's a perfect storm. I can't even tell if it's fomo or if this shit has truly gone parabolic. I've had three friends I haven't talked to in a year message me in the last 24 hours asking if I still did "that bitcoin thing" wanting to know how much I had and how they could buy some too.

If there is no correction soon, you will know we have reached critical mass. The floodgates have opened.

>> No.4648375

>>4646586
>be wall street
>know cme futures are coming in less than three weeks
>know you can invest a fraction of your wealth in bitcoin and gain a significant stake
>may or may not know about the bitfinex/tether situation, but either way, know what lack of regulations entail because you're already using every dirty trick in the book WITH regulations
>short bitcoin futures on christmas
>sell a ton of bitcoins at once to trigger panic selling
>make bank
>buy dip with profits
>do it all over again with much bigger stake

There's literally no one with enough power to stop a big firm from doing that except other wall street investors. Most of the normies who claim they will sell their BTC at 100k will be shaken out in a couple of weeks if the price drops 75%.

>> No.4648469

We're witnessing the next generation of wealth transfer. Better get on the fucking rocket because it's not going anywhere but up. 0.1% adoption rate so far, limited supply, censor free currency, border free, appreciating store of wealth, wtf do you think is going to happen?

>> No.4648548

>>4648469
Honestly the first time I thought about this seriously (besides already having some bitcoin) was in mid 2014 when I was travelling abroad. The amount of hoops you have to jump through in order to manage your currency if you travel a ton just doesn't make sense. Everything else is going global, it doesn't make any sense to still be divided by different currencies. Everyone wins in adopting a single currency. Whether that's bitcoin or not in the long run it remains to be seen, but this is good for everyone besides the big banks and governments (fuck 'em)