Pay close attention to this
cryptowat.ch
Bitcoin isn't increasing its price, the US Dollar is losing value
Before doing something stupid as investing on BTC, check how the USD is doing against Gold, Silver, Euro, British Pound, Yen, etc.
If you simple minded people ONLY see the BTC/USD rate, you will be doing something very stupid
Other urls found in this thread:
goldprice.org
twitter.com
are you suggesting people invest in other fiat currency over btc? that's retarded
See this faggot?
This is 1/10 in bongland
So?
it doesn't matter if btc is going up over the dollar as long as btc is going up. suggesting people buy into alternative currencies is just retarded because those aren't any more stable than the dollar
>calls himself a fagoot
kek
omg it dopped half a cent. mexicans are fucking retarded lmao
EU to USD currenly 1.23 and rising.
Nice try tho schlomo
>Bitcoin isn't increasing its price, the US Dollar is losing value
Coomers and simps sent shitcoin mooning
Wew what a timeline!
what an absolute slag
I 100% would
the buttcoin scam is in full force. again.
>timeline: only today
OMG ITS ALL CRASHING DOWN
The spic is on to something. The dollar losing value has no direct correlation to bitcoin puming like he is suggesting though
>be you
>have $10 USD
>with that money you could buy 10 grams of gold
>Bitcoin price at the moment is 1 BTC = $1.00 USD
>2 years later, economic crisis hit
>now gold is more expensive
>gold costs $100 each gram
>one BTC now costs $5 USD
If you had bought $10 in BTC, you would have 10 BTC, and those 10 BTC would be worth $50 USD now
BUT if you had bought 10 grams of gold, your gold would be worth $1,000 USD now.
Math doesn't give a shit of your dumb fixation with a shitty currency. Real investing only cares about the actual profit, and you can go and fuck yourself
Pic related, is you
That's the same thing...
not understanding inverse ratios... eur:usd vs usd:eur
Except btc has outperformed gold since its inception.
That's a half cent over the past day. Not a good metric.
A better comparison would be USD vs Swiss Franc, the latter a pretty sound currency.
The USD has lost over 9% against it over the course of this past year.
based retard
Cope
And
Seethe
have you not seen the massive institutional investments, you kikefaggot
And one btc is now worth 24k usd, vs 3k for an ounce of gold... soo
Yes?
That shows a drop in the value of USD compared to EUR. Its a tiny timespan but it backs up OPs claim lmao fucking retarded spic
They are doing so because they new the USD value was going to plumb.
Not only are they buying bitcoin, they are also buying gold. Its called a diversification portfolio, and is a nice way to prepare against a global economic crisis.
It appears the sell algos will continue until USD hits 0.81 cents. Then the buy algos will bring the dollar back up to 0.88 and then 0.92.
>all markets are managed
>no such thing as muh supply and demand
screencap this
>T. expert currency trader
they KNEW*
You would be gay not to.
USD ? Who the fuck is still using that shitcoin ?
ok, if you don't care about USD to EUR chart, then look at this USD to GOLD chart
The USD is DEVALUATING
I don't want bitcoin for free.