[ 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: 593 KB, 768x768, pipe.png [View same] [iqdb] [saucenao] [google]
55486798 No.55486798 [Reply] [Original]

If everyone is broke then who pumps crypto?

>> No.55486868

>>55486798
jews

>> No.55486915

>>55486868
Literally it's just numbers on a screen. You have no idea what a bitcoin is worth or what any coin is worth. You just see a graph and assume it's from legitimate transactions. It's pumped by tether and other stable coins that print so much they make the dollar look deflationary. It's all a scam and going to come crashing down. Will it destroy bitcoin forever? Don't know, but it will take it down hard. My guess is below $5k.

>> No.55487133

>>55486798
I made this pepe

>> No.55487161

crypto is insanely illiquid compared to any other asset. a $10,000 buy at the moment moves the price up $10 or .0023%. Then bots sell and immediately move it down