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TopicBTC is hitting 50k by the end of the year
legendarylemur
12/27/20 2:49:49 AM
#59:


Bitcoin is gambling. It only goes up when there's a bit of an underground planning to dump some money into it to attract losers who are gonna buy high in anticipation it'll keep going up. From the last bitcoin boom, a shitload of ppl lost their money and even committed suicide in droves, but that's a story conveniently being left out. Bitcoin price also won't go down as much as people might anticipate because it's happening for a 2nd time. Bumps like this usually leave scars and constantly trying to profit a bit off it is literally gambling because your fate depends on when and how much the rich are willing to do a sudden dump.

Not to mention it's not a gradual increase, so it's literally a big money dump to freak people out and make it a big news. It's not exactly some obscure strategy, just that a more credible stock trading will have various laws and contingency to prevent it from becoming literal gambling like bitcoins lol

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