Brainlet here

Can someone explain how Bitcoin could peak to 20000 US Dollar and how much money was needed? I would like to understand how this metrics are working.

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supply and demand you fucking moron

It gapped up. Imagine climbing a ladder, but skipping rungs.

make a buy order for 1btc at 20k

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imagine the majority of people not selling because they believe its undervalued and imagine people buying because they also believe its undervalued up until the point of 20000 US Dollars when more people who own bitcoin sell it for that price than people who want to buy it for that price

Pageet, how did you get here. This is a white man's board. Go back to India.

Thank you for the BCH girl image though, you can do somethings right.

Chinese big money scammers circulated the Bitcoins at ever increasing prices among themselves to simulate growth. People fell for it. Especially those that use bots to do the trading. If you understand how "experts" and bots evaluate the market situation, you can easily dupe them into making moves that are beneficial to you.

you dont need any money, just tether

>guy A has bitcoin
>guy B wants bitcoin
>guy B offers $20000
price is now $20000

Brenna Sparks

just make sure you turn your adult filter off

you're welcome

> metrics + brainlet
> brit or pageet
> pageet
> insults and thanks

based and true

lots of shorts and one tether printer

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1. BITCOIN HAVE LIMITED QUANTITY, IN DIFFERENCE FROM TULIPS, DOLLARS AND Ethereum
2. GOLD EXACTLY SAME A PYRAMID SCHEME AS A BITCOIN BUT ALREADY ABSORB ALL IN
3. CURRENT CAPITALIZATION OF THE BITCOIN 35,788,210,511 USD
FOR EXAMPLE RUSSIAN BILLIONER ALISHER UZMANOV MAY BUY THE HALF OF ALL BITCOINS
USA MILITARY BUDGET - 611,000,000,000 USD
USA DEBT - 18,984,100,000,000 USD
GOLD IN THE WORLD 31553,2 TONS = 1,278,960,782,690 USD
BITCOIN SIMILAR TO GOLD FOR ACCUMULATION AND SIMILAR TO DOLLAR FOR MONEY TRANSFER
THE ONLY THING THAT PREVENTS THE BITCOIN FROM BECOMING A WORLD CURRENCY IS ITS LOW COST
AT THE PRICE OF 10,000,000 USD FOR 1 BITCOIN IT ALREADY CAN REPLACE DOLLARS

>THE ONLY THING THAT PREVENTS THE BITCOIN FROM BECOMING A WORLD CURRENCY IS ITS LOW COST
AT THE PRICE OF 10,000,000 USD FOR 1 BITCOIN IT ALREADY CAN REPLACE DOLLARS
The thing preventing bitcoin from becoming the world currency is speed, cost of transactions, and ease of transactions. Until these 3 things are solved it will be meme money. Transfers need to be less than 20 seconds, cost needs to be less than 1 cent, and it needs to be easy enough for my mom to do it.

We have already done it friend
Its called NIMIQ
U dont own any..its sad.. wish u good luck

Then you try to climb down the ladder slowly, only to break a few rungs on the way down.

moms don't want to use things named NIMQ that's too far and nerdy

moms want to use simple things like bitcoin, or nano. things they can understand.

nimq wont make it in moms kitchen.

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I did this mathematics a while ago, and made a formula. if aprox 34 million dollars is invested within the space of 1 month we will hit 20k again.

There is this dude I know that looks just like the person in the picture?

This will trigger autists but that's what I use Dogecoin for.