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Whats driving crypto price?

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Thread replies: 18
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Greed from speculators, investors and developers.

Nothing to do with technology

For how long can we keep this going on?
>>
>>3197423
After Trumps 8 year of presidency is over, I expect crypto to die completely. Trump is the only reason crypto is living and breathing right now.
>>
>>3197442
I know both are very unpredictable
But hows trump keeping crypto alive?
>>
>>3197473
He is anti fed.
>>
NEO is highly valued thanks to its technology. a lot of people don't know that because outwardly things like the web wallet look bad, but the backend is very sophisticated.
>>
>>3197490
Desilusional anon

>Implying Trump matters
>Implying USA matters
>Implying your opinion matters
>>
>>3197490
Lmao you can't be serious
>>
>>3197527
read the paper on blockchain.info - you'll see its correlated.....Notice how the price of BTC went up dramatically when Trump and NK were heading towards war....
>>
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>>3197523
>NEO
>good tech
>not chink vaporware
>>
>>3197523
have you looked at the code?
>>
>>3197423
idk, maybe as big as the global stock markets since thats greed/speculation based as well.
>>
the game is to crowdsource capital for tech dev by selling branded coins. it's basically kickstarter except it's easier to get away with never delivering a working service. in other words this shit is going to explode on a scale beyond anything you can imagine.
>>
>>3197490
LOL
>>
>>3197423
It can keep going until it consumes all of the worlds wealth
>>
>>3197490
are you fucking joking, die. It's people like you who aren't even shills they're just so stupid they muddy the water with their nonsense. I hate you more than a shill fucking die.
>>
I was thinking about this at 2am this morning when I woke up and was still half asleep
Basically the dumb ass conclusion I came to is crypto is becoming wall Street 2.0
>>
>>3197423
the world is in an economic bubble, crypto is just a nice big piggy bank we can all put money into, and as long as the internet works and exchanges exist, we can get our money out of someday.

crypto growth is world gdp growth + inflation + speculation, yet it is still quite a small asset compared to others. (Facebook market cap is 487 billion for example, 3x the value of all cryptos combined)
>>
Crypto is the future even if it doesn't do shit right now. Crypto holders know that eventually institutional investors will start buying in and nobody wants to sell before that happens.
Thread posts: 18
Thread images: 2


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