I can't see the catalyst/reason behind this BTC bullrun. It makes no sense.
What is it?
I can't see the catalyst/reason behind this BTC bullrun. It makes no sense
Asher Rivera
Julian Harris
Unironically shortsqueezes.
BTC will continue pumping as long as the money gained from liquidating shorts is greater than the cost of pumping it.
Tyler Carter
its fucking crypto there is no reason for anything
Aiden Roberts
There was an unnatural expansion (bubble) in 2017, it overcorrected (bubble popped) and now it's going to recontinue the pace it had previously been following.
Anthony Wood
Here: Tether marcet cap on April 07, 2019:
$2 090 015 279
Current:
$3 116 656 949
Strap in for when they decide it’s time to cash out the btc they boughtnwith fake money and take your real dollars.
Jackson Scott
One of the reasons was Chinese money was pouring in to it again.
Logan Brooks
This, it’s always this. The fact that tether can produce money out of this air when they please is delaying our golden bull run. It is one of the main hurdles this space will have to overcome. No moon mission till this is sorted
David Ramirez
Lol an ultra scarce commodity used to fight clown world government and expand wealth, yea I wonder why it’s pumping.
Eli Rodriguez
what this guy said
link related:
ccn.com
Adrian White
Hunter Wood
>Strap in for when they decide it’s time to cash out the btc they boughtnwith fake money and take your real dollars.
also ^this
this is exactly what happened in 2017/2018 bullrun. Mt Gox fucks created the tops in the market, match up the sell dates with the price chart and see for yourself:
cointelegraph.com
Jonathan Thompson
dubs of truth
Ayden Gray
Everyone here is a goddamn moron, not a single person said "working decentralized oracles". This isn't even hard. Distributed Ledger Technology requires data inputs for 80%+ of smart contract use cases. Any industry that relies on highly deterministic data inputs, I.E. market pricing, will immediately benefit from this technology. As time goes on and the Internet of Things becomes more sophisicated, so does the extraction of data and you can imagine the possibilities. The year 2030 is going to look drastically different than today imo
Aaron Morris
So to answer the question completely, BTC is just the primary store of value during the next bullrun which will pump alts that provide real world services
Logan Watson
Jews literally print the world's currencies
Brandon Morris
Yes yes we know, MMT is the only economic theory worth a shit, Austrian and Keynesian are fake and gay, we need to nationalize the fed etc. I agree completely but this doesn't change the fact that Tether is holding back crypto now.
Connor Hughes
compared to the one in 2017, right?
Aiden Young
Nobody actually gets off on this, it's just a weird ironic joke right?
Brandon Bell
s-sure, just a joke.
Jacob Watson
There will be a war and the world economy is going to need a new currency to keep going. And swift is going to shit the bed. And no one trusts the Chinese therefore bitcoin.
Leo Garcia
>muh tethur scam blblblblbblblblbl *shits self*
Adam Morgan
Those dubs...
Nathaniel Russell
But Chinese control bitcoin
Angel Evans
When Trump wins again the left extremists won't be able to handle reality any more. They will deal the first blow that triggers the US civil war.
Robert Morris
Remember that if you are a U.S. person you are not allowed to own Tether according to their own ToS: tether.to
So when they become worthless overnight you have no right to make a claim because you shouldn't own them. The fact that this rule even exists + that no exchange honors it and make sure US accounts cannot hold Tether means IT'S A FUCKING SHAM.
Joseph Stewart
i'm glad she got fuchur'd
Connor Hernandez
SHART
IN
MART