could someone explain what causes bitcoin value to rise? complete

>>2600806
the supply of new bitcoin that created was cut in haft. if you decrease the supply the prices rises. last year you got 50 new coins created every block. it got cut dont to 25 coins being created every block with is every 10 mins give or take 3 mins

Anonymous 2017-06-25 05:08:49 Post No.2600827
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Anonymous 2017-06-25 05:08:49 Post No.2600827 [Report]

>>2600806
Your mother's dirty panties on auction.

>tfw your mom is the cryptoqueen

Anonymous 2017-06-25 05:12:08 Post No.2600849
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Anonymous 2017-06-25 05:12:08 Post No.2600849 [Report]

>>2600826
im drunk that shit looks bad lol. the supply decreased the supply was 50 new coins every block now its 25 new coins every block witch is every 10 mins, you should not trade cyptos drunk just saying

Anonymous 2017-06-25 05:13:33 Post No.2600859
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Anonymous 2017-06-25 05:13:33 Post No.2600859 [Report]

>>2600818
>>2600827
>>2600819
these guys are still broke and holding my bags

Anonymous 2017-06-25 05:27:24 Post No.2600945
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Anonymous 2017-06-25 05:27:24 Post No.2600945 [Report]

>>2600806
Literally speculation.
Since it's not actually backed by a physical object, people speculate it's worth MOSTLY on popular opinion, and occasionally on the hash rates. People who mine this stuff care more about hash rates than the actual traders do.
Everyone involved with crypto currencies knows that the majority of currency in the world is no longer backed by gold or any other precious medals. Therefore they correctly deduced that the businessmen and bankers would strive to create a global currency for the future that wasnt dependent on physical items such as gold or silver or gems, but rather in public value/specualtion/validation and on a series of math equations.

Anonymous 2017-06-25 05:30:01 Post No.2600966
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Anonymous 2017-06-25 05:30:01 Post No.2600966 [Report]

>>2600859
Sorry bubba, I don't buy shitcoins. Got ETH at $80 and Bitcoin at $400. Tbqh you're likely holding something I once owned.

Anonymous 2017-06-25 05:30:33 Post No.2600971
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Anonymous 2017-06-25 05:30:33 Post No.2600971 [Report]

>>2600806
fat neckbeard's shilling on an anime imageboard

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible. Read more on this topic here - https://archived.moe/talk/thread/1694/

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/