>why they buy
>why they sell
>why does it end up collectively like pic related
Realistically it's probably just human nature. Something we all have in common makes us react to stuff in a roundabout similar way when you zoom out far enough so to speak which just so happens to make what we do relatively similar enough for the chart to resemble waves (for whatever reason). If fish had a stock market it would look like rocks
I will legitimately send 0...
Zachary Cook
Jonathan Turner
simple. the asset HAS AN ACTUAL VALUE. this value will manifest itself periodically, in spite of counter-moves by speculators, who are aggregated through the law of large numbers into moving as a herd.
pay up.
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Hunter Hill
Communication borders and limits of understanding,
Ryder Cook
I think they do have it figured out already, I mean just think about the goverment having 100 genius doing think tanks figuring out the stock market since 80 years ago.
Gabriel Garcia
But there are too many variables
Me spilling coffee on my shirt could make me not buy stock this morning
James Martinez
Because its manipulated by stock brokers. Its illegal but its done all the time. The graph isnt a reliable source of information.
Nicholas Fisher
you wanna whats really creepy is that sometimes events happen at key technical points to trigger a down turn or bullish breakaway.
honestly you wont be satisfied with the answer but its the mathematics of the universe,everything has a cycle the moon the stars, everything is inherently based on the golden ratio
Nathan Powell
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This will be done on my phone so grammar and run on sentencing might be an issue so plz don't pajeet. I am in no way a financial expert just closely monitor human behavior.
First of all the Virgin spike will be caused by an innovation, need, desire and when these first come about money is not a consideration so early investors take pleasure in their success and the usefulness of their product while people who tag alone for the ride up also have no interest in the money but just to be apart of it. The plunges usually occur to a rival product, mismanagement or social economic factors that create the herd mentality we all see and make money off. The reason the second spike occur is because we root for resilience (hardships rebrand rehire ect) and if the price is low enough, or security of product is established it will again rise. This being said a lot of it is also insider trading we will never understand through employee share packages. Say a company drops 90% but they hire more employees and offer them share plans instead of wage increases. This over time and employee size will take up market shares and outside investors will see confidence. Why don't employees sell off? They see this as nostalgia, being apart of something and retirement. See previous sentence about social economic factors. I.e age, country, econmoic issues.
Hope you're not a faggot.
Landon Hill
The price of Bitcoin will eventually flatten out after literally everything is done on chain and everyone is in.
Jeremiah James
This is a pretty well thought out answer OP