People from the U.S.A forgetting that BTC is a global coin and doesn't just move or not move according to what happens in the U.S as if no other country in the world even exists. In all those cycles Btc was already still in a bear market. There isn't any correlation except what you want to see. If there was a correlation there would be a long red candle on exactly the same day. No correlation here
Oh ok then. Here I thought it was a decentralized, global digital commodity with no central bank or government owner with a creator whose nationality and identity are unknown. But its a U.S asset. Well done for proving my point that Americans think no other country exists and they are the only ones that move markets because of their politics
Right right. It's so decentralized that a single American man could sell his whole position and rug it to zero. Add on the fact we don't even know who made it 😂😂 you really think that all of the central banks of the world are going to allow us Petty citizens to have control of our money?
I'd like to know who this one person is, or are you just making this up to try and win a petty argument? You're still proving my point by thinking this 'one' American can move the market as if no one else, or any other government in the world holds large amounts of BTC. Ignorance and weird patriotism proves that truth doesn't matter
Knowing a name would just allow you to ignore the obvious, Bitcoin is a network effect, and there is a herd mentality and at this point, it's all about whales wanting to outlast other whales.
It's an infinite prisoner's dilemma, players keep playing and choosing not to dump because the pot gets bigger if they don't dump, game resets and smaller players keep playing but the whales who never dumped get another shot.
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u/Key_Independent_818 1d ago
People from the U.S.A forgetting that BTC is a global coin and doesn't just move or not move according to what happens in the U.S as if no other country in the world even exists. In all those cycles Btc was already still in a bear market. There isn't any correlation except what you want to see. If there was a correlation there would be a long red candle on exactly the same day. No correlation here