why did boomer funds wait until bitcoin was above 100k per coin to start pouring billions of dollars into it?

>>509993890 (OP)
Because boomers are retarded and love their precious fiat bullshit

>>509993890 (OP)
The boomer funds are part of the reason why its at 100k right now. It wasn't anywhere near this price when the ETF's launched.

>>509993890 (OP)
How else can the boomers be rug pulled so the next generation can inherit nothing and be happy about it

>>509993890 (OP)
they arn't though
any major trade volume drops the price at least 2-5%

Not buying your bags.

>>509993890 (OP)
>>509993995
>>509994005
>>509994050
>>509994246
>>509995163
Once Bitcoin gets real "boomer" adoption on the scale of gold, the price of one bitcoin will reach ~$300'000-500'000. You can expect that price by 2030.

Same reason why normies don't do or say things until it's mainstream and officially condoned.

>>509993890 (OP)
Because Blackrock owns 5% of the supply finally. So they goy can finally have what's left of the pie.

>>509993890 (OP)
They know what’s it’s worth

>>509999999
It's happening, tonight is the night p

>>509993890 (OP)
bitcoin is shit. fedniggers can 50% attack the blockchain and steal $2.2 trillion easily. all they need is a quantum computer, blackouts, or a datacenter attached to a nuke plant which everyone is doing.

>>509996900
>BTC
>adoption
1Mb block says no

none of this is adoption

>>509997189
maybe boomer funds investing in btc now is actually how they plan to rob boomer funds

>oops sorry your moneys all gone BTC went to zero don't look at us

because it stopped being a high risk investment.

>>509997377
That's not how the blockchain works you dumb boomer nigger.

>>509994005
>why did boomer funds wait until bitcoin was above 100k per coin to start pouring billions of dollars into it?
It's a scam. Boomers are going to be holding yuuuuge bags. Sell now.

>>509993890 (OP)
Because they're buying the top. Most people are buying because it goes up, not because they're trying to use it for payments or store their wealth, so once it feels like the top is in a lot of these people are going to start selling, once that selling occurs people are going to start panic selling and then the price is going to drop probably 60 percent minimum, likely in excess of 80 percent.

>>509998079
80% is too high. The only way that's possible is if all kf the crypto somehow ends up back on the exchanges and dormant 2009 wallets activate and send them all to coinbase.

>>509993890 (OP)
Obligatory post.

90% of coins are owned by 1% of wallets

>>509993890 (OP)
I told my boomer dad to buy bitcoin when it was 3500. He called it a scam. He asked me if he should buy when it was 60k and I said yes, and then he talked himself out of it.

Now he's asking me again if he should buy, and this time I told him I don't care about crypto anymore, and the he informed me he bought $25,000 worth.

>>509998182
If the price dropped 80 percent it would still be in excess of $20k, it was below 20k just 2 years ago, the 2009 wallets don't need to start selling for it to drop that much, all it requires is the people that bought over the last 5 or so years to start selling, and all of these people were late to bitcoin anyway and are largely unsophisticated investors that don't understand even the philosophy behind bitcoin and therefore have no staying power. You must also remember that the supply of bitcoin is higher than it was 2-5 years ago, so there is plenty more potential liquidity for people to sell. If the 2009 wallets started to sell then bitcoin would likely drop 90+ percent. If Satoshi ever gets identified, then there is a good chance that would cause a black swan event as well, and there is no reason he hasn't been identified because surely the p2p foundation and other websites he has communicated on have his IP address and location data.

>>509998547
>If Satoshi ever gets identified

Satoshi Nakamoto translates to central intelligence

>>509998817
That may very well be the case.

>>509998817
Satoshi died over 10 years ago. His name was Hal Finley

>>509997425
What I mean by adoption is that boomers will have a 1-2% exposure to BTC in their investment portfolio. I don't expect boomers and other retards to start using crypto itself, if that's what you're implying.