:marseywallst!:

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I don't understand why bitcoin has gone back to 45k.

There is no use case and the free money tap is off, NFTs are 99% down.

Where are the bigger fools to buy into bitcoin at this point coming from

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No solid assets behind it, no physical presence, nothing to really add actual value to it. I'm not sure if shitcoiners are giga r-slurs or that BTC exposed that the stock market is shams and lies, built on nothing but manipulation.

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BTC has a few things going for it that none of the other cryptocurrencies have, including "first mover" status. One of the most important things is that it doesn't have anyone controlling it that people need to trust not to rug-pull them.

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It's mainly ETF hype still, along with the halving in the spring. There's a slight surge in gold too - people may be going into hard assets.

Granted stocks are also up.


Follower of Christ :marseyandjesus: Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.

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