Bloomberg just endorsed bitcoin as a store of value. We are unironically going to at least $250k next year

Bloomberg just endorsed bitcoin as a store of value. We are unironically going to at least $250k next year.

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sell signal

((((((((((((((((((bloomberg)))))))))))))))))))

I'm getting Jan 2018 vibes.

I was laughing hard at all those EXPERTS saying bitcoin is dogshit and how they're making a complete u-turn now
and you know what? no one will hold them and their "expertise" accountable while people who listened to them have actually lost money by not investing.

Buy signal.
I'm getting May 2017 vibes.

Feels so good to be a normie.

what happens when we have $100 tx fees, likely happening this week desu

Why does every article depict bitcoin as physical coins?

As much as you hate it, this only helps the price

what else ya gonna do?

Because most npcs can't conceptualize cash that can't be touched and only exists as numbers on the internet

exactly

Written by Niall Ferguson, who also endorses AMPL.

Who has $20,000 sitting around to buy one tho
Thats why we're all buying altcoins now.

Yes. This directly addresses normies with more dollars than brain cells. Bullish af.

Rich boomer normies who see their rocks go down the shitter.

Odd point considering most people barely use cash anymore

Ferguson is a complete faggot, anyone who actually knows anything about him knows this

yeah bro sell the media attention

this gives me Dec 2017 vibes.
selling half of it.

it's the opinion section, you tard

ATH is close. we're in March 2017

>you have to purchase an entire bitcoin to own bitcoin
Get a load of this retard faggot

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NPCs can pull out physical cash from the bank at any time and use it anywhere.

These articles are just entertainment for brainlets who are going to lose all their money whenever they try to invest anyway. You shouldn't pay attention to them, OP, except when you think you can use the articles to scam idiots.

Is that what you're trying to do here, OP?

Nothing. Because people and institutions will keep buying it from exchanges to do nothing with it.

Most of the "buying" is happening either institutionally or on PayPal/CashApp, none of whom require a shitload of transactions. Institutions buy OTC in gigantic chunks, PP/CA is custodial so the two companies buy OTC in gigantic chunks and then just tell people "ok the dollars you sent us are now magic bitcoin dollars".

Custodial accounts aren't necessarily a bad thing, for people who are incapable of figuring out how to handle BTC on their own. And the reduced number of on-chain transactions is also beneficial -- normies get "ownership" and demand goes up without clogging the transaction channels.

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Normies are priced out, huge alt pumps are coming soon.

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It's true and funny because they think their centrally controlled shitcoins that can be minted by a malevolent central authority that wants them enslaved somehow isn't digital.

I love use my banking app to pay for expensive things and watch them go "you can PAY with a PHONE?". Yeah, welcome to the future where the most racist people on earth now control all the money.

This, fpbp