I’m starting to get really angry.

All I read about is how all these companies are buying every possible bitcoin they can OTC in a race to get the most bitcoin. Metaplanet, strategy, etc. so WHY THE FUCK ISNT IT GOING UP?

These companies aren’t all in on some conspiracy to collectively dump bitcoin. They’re not buying billions of dollars worth for no reason. SO WHY ISNT IT FUCKING GOING THE FUCK UP.

Granted, I am a coinlet, with a mere .22 btc but I want my fucking sacrifice to PAY THE FUCK OFF

>>60566735 (OP)
Well, because it's altcoin time. Dominance will start to decline in the coming weeks. By the way, they'll dump BTC on your pumps because they're only really interested in stablecoins and tokenized assets. BTC is just the loss leader for the normies at this point.

>>60566743
I didn’t fucking understand anything you just said.

what the fuck is a loss leader? Why ISNT IT GOING UP

>>60566735 (OP)
Because it's literally done going up retard

>>60566752
Because XRP and Chainlink are far, FAR superior to BTC. You should take that 0.22BTC you own and divide it amongst XRP & LINK. Your gains will outpace Bitcoin in a way you cannot even comprehend. Smart money is not buying BTC anymore.

>>60566752
You didn’t understand what he said because he is a total fucking retard spouting nonsense.

>>60566767
How the fuck can it be done when BILLIONS OF FUCKING DOLLARS WORTH OF A FINITE ASSET IS BEING BOUGHT AT ANY PRICE?

This is complete fucking bullshit. This is so fucking stupid

>>60566776
I have 1400 xrp will probably get to 2k soon. Fuck it I’ll buy more than 2k

>>60566780
Buy Keeta faggot or remain an incel pleb forever

>>60566783
You don’t understand. Don’t hold ANY Bitcoin. It’s absolutely not worth it. Hold only XRP and LINK. This is not financial advice but there’s only one correct answer.

>>60566752
BTC is the lollipop to get you into the white van. Once they get tired of it, they'll get rid of it. Stablecoins are used to sell US debt, tokenized stocks benefit big business, Bitcoin is unnecessary, they'll get rid of it as soon as it stops rising for something else. What world do you think we live in exactly ?

Because giga whales are dumping and countering any buy pressure.

>>60566788

>>60566797
>muh whales
There’s nobody out there countering the constant billion dollar level pressure from incessant buys. It is supposed to go the fuck up
>>60566794
More fucking convoluted claptrap dork incoherence. Speak English you fucking dork

>>60566788
Advice of a psychopath

>>60566788
I’ve been here for years you Linktards are such sad fucks. You’re like the BBBY losers of the crypto world. It’s so fuckin sad if you didn’t sell at $50 dollars it’s over

>>60566735 (OP)
Currently about 450 bitcoins are mined per day. Miners generally sell them off to cover expenses. So that's $450,000 of sell pressure per day. There needs to be at least that much in buy pressure to make the price go up

>>60566788
KTA replaces RIPple but I agree btc is garbo

>>60566820
Anon honestly thanks for a reasonable answer I guess I can relax now. Would you kindly offer any thoughts on what might cause the buy pressure to overtake it?

>>60566735 (OP)
the us hasn't approved their new trillion dollar bill yet

>>60566811
Top signal. Look at this intense rage as soon as the holy BTC is questioned. You overestimated the interest he has in it; it's just a money machine for them. Wait until he finds a new toy. Anyway, it's not my money, but please have a critical eye on this.

>>60566735 (OP)
as time goes by volatility decreases due to higher correlation to production price (bobotrektinanusposter's law)

>>60566811
Except it is the truth. That's how price action works, when sell pressure outpaces buy pressure then the price goes down. When it's even, the price crabs.

>>60566820
>>60566825
**$45 million not $450k. I am bad at math. But miners don't always sell everything they mine so it could be much lower like $20 million

>>60566855
Fair enough this makes sense
>>60566832
Actually it’s a go FUCK yourself signal

>>60566735 (OP)
>>60566743
BTC and Gold goes "up" when everything else goes through inflation OR broad-market upwards inertia of buying power.
We are currently experiencing inflation across DIFFERING systems, as well decline in some systems matching the rise of others. Gold and BTC on a global overview seems like it's going sideways because so many people are hedging in addition to mining being so intensive. Gold and BTC is NOT a speculation towards massive profit, but a hedge against massive loss. If everyone hedges insane amounts, you end up with the counter-intuitive result of people sacrificing present-day wealth and growth to defeat the very inflation everyone were hedging against. The looming result is that Gold and BTC suddenly "rises" in value because they saved the entire system from inflationary collapse.

>>60566880
By cashing out the Gold or BTC for their portrayed value, you bring the inflation they saved you from. The trick is to never publically trade BTC or Gold, in order to stop its trade from causing inflation.

>>60566880
But also as the price goes up it requires exponentially more buy pressure.
For example:

BTC at $15K: To move price up 10%, you need ~$30B market cap growth.

BTC at $100K: That same 10% move now requires ~$190B in new market cap.

That’s 6× more capital required for the same 10% price movement. The higher BTC goes, the harder it is to keep it climbing without massive buy pressure.

>>60566820
Saylor slurps that a week

>>60566880
>>60566883
>>60566891
Thanks anon!

>>60566735 (OP)
>WHY THE FUCK ISNT IT GOING UP
Because everybody else (except you lol) is dumping their bitcoin.

>>60566735 (OP)
smart money is reading the writing on the wall. i suggest you follow their lead or you'll be no better than a LINK baggie.

>>60566735 (OP)

Chill, its gone from 15K to 112K in a few short years. Its not going to go up that much more this cycle. Maybe 150K - 200K if you're lucky, but don't be expecting a miracle.

>>60566735 (OP)
As a fellow coinlet, you should be hoping that it stays low so you can buy more, goofy.

>>60566780
my shit is finite. do you want to buy that too?

>>60566811
>There’s nobody out there countering the constant billion dollar level pressure from incessant buys.
There's a pedophile who had a spare $10k worth in 2011 dumping billions everyday. That's the guy you gave your money to for 0.22 (lol, lmao) BTC.

>>60566735 (OP)
>Granted, I am a coinlet, with a mere .22 btc but I want my fucking sacrifice to PAY THE FUCK OFF
just yield farm on Haven1 and hold for a long term. In a few months time, we should have a new ATH

>>60566735 (OP)
>>60566780
>>60566811

All the big purchases are happening OTC, which is off-book. Exchanges and brokers match big buyers with big holders who are willing to offload so they can shift big volumes without it affecting the price, so buying and selling is matching up at the moment. The activity on exchanges, which is what dictates the spot price, is all retail buyers and degenerate gamblers of paper bitcoin. If some massive buyer or seller tried to move hundreds of thousands of bitcoin through exchanges then they would spike some huge shift in one direction or another.

Traders do seem to believe that the availability of bitcoin for sale via OTC trades is drying up though, as is the supply in exchanges, so there's some chance that ETFs like IBIT will be forced to go to the markets to source their coin before long.

>>60568025
10% APY on a BTC vault is great. I'm adding it to my watchlist

>>60568025
>>60568159
Extremely organic posting in multiple threads. KYS

>>60566743
when anon.. when.. -5%-+2% last two weeks on my alts