With a Market Cap of 2 Trillion it’s pretty difficult to impact the purchase price as an individual or group. Even a small nation would struggle with it.
You’d think that but as Bitcoin becomes tied to more and more those things become part of what holds up Bitcoin.
Bird flu won’t affect Bitcoin valuation but could affect most fiat currency, but that’s only because of the system now. If Bitcoin became more prominent wouldn’t it be bound to thing more?
Yes. That bitcoin dogshit fell and rose with the covid fall and rise of stocks. You think bitcoin is some profound new way of currency, but it’s really just another avenue for wall street to steal from main street.
I think you should learn more about the stock market. It’s literally a lie point blank and totally manipulated aggressively by actors who aren’t even THAT big.
finitebanjo@lemmy.world 3 weeks ago
With a Market Cap of 2 Trillion it’s pretty difficult to impact the purchase price as an individual or group. Even a small nation would struggle with it.
Doom@ttrpg.network 3 weeks ago
You’d think that but as Bitcoin becomes tied to more and more those things become part of what holds up Bitcoin.
Bird flu won’t affect Bitcoin valuation but could affect most fiat currency, but that’s only because of the system now. If Bitcoin became more prominent wouldn’t it be bound to thing more?
finitebanjo@lemmy.world 3 weeks ago
So you’re saying there is a group out there pumping and dumping hundreds of billions equivalence to USD?
Honytawk@feddit.nl 3 weeks ago
Yes: web3isgoinggreat.com
hark@lemmy.world 3 weeks ago
Yes. That bitcoin dogshit fell and rose with the covid fall and rise of stocks. You think bitcoin is some profound new way of currency, but it’s really just another avenue for wall street to steal from main street.
Doom@ttrpg.network 3 weeks ago
I think you should learn more about the stock market. It’s literally a lie point blank and totally manipulated aggressively by actors who aren’t even THAT big.