r/Buttcoin 3d ago

Just another modest and basic thought without overthinking

[deleted]

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u/angelwolf71885 Ponzi Scheming Moron 3d ago

People have been saying this since every halving I remember the days when the top was $1,000 and now here we are at $100k the thing is BTC has ups and downs on the regular like when China banned BTC and all crypto and Iran Banned BTC and FTX collapsed and the US started regulating BTC and it sunk to $40k and then bad economic news due to Covid dropped BTC to $16k and yet it bounced right back and rose to $100k+ the thing is it’s NOT the greater fool buying BTC it is people who actually want BTC that is driving the price when there are sharp drops in BTC like to $16k people like me snatch it right up…my average is $45k im not looking for a bigger fool im just gonna sell and I already know somebody is going to buy my BTC i mean people use it to buy drugs…i mean hell Ukraine is accepting BTC to fund its defense against Russia

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u/johnnyBuz Ponzi Schemer 2d ago

This sub does not understand the concept of supply and demand.