What causes the price of BTC to go down or up?

It doesn't do anything, so... why does the price change?

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>Jow Forums - Business & Finance

summer brainlets...

Big boy accumulation

jews

are you the same retard who started the communist lion thread?

The market is chaotic and doesn't give a fuck if you think said asset is too low or too high, specially with manias

From bets people make on whether the price will go up down based on their own rationalizations, ranging from low level retardation to highly autistic and convoluted retardation. As you point out it doesn't do anything, so it 'should' be worth zero, but it isn't, so we make up stories to prediction a direction from here.

The value of the dollar is changing. The BTC is always the same.

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If more is being bought than sold the price goes up. If more is being sold than bought the price goes down. Pretty basic shit. Are you partially retarded?

This

goddamn you boys are dumb.

((they)) buy and take profit

grug pick stink berry, that mean, less stink berry overall now. even though not many gruglets want stink berry, if grug have all stink berry in area, gruglet want my stink berry just cuz grug has all stink berry. they think, "well hm, if grug has all stink berry, how come i cant have stink berry?" and gruglet trade or steal stink berry from grug

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stink berry is safu

unironically the correct answer

>why does the price change?
The 1800 new btc that are created daily. If you quit crypto before the next btc halving you might actually be retarded

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Whales and exchanges manipulating the market.

When life chaaaanges.