Topic: Bitcoin and eth Are commodities here is why (Read 75 times)
Those unfamiliar with these practices may need to learn more to better understand the factors that affect the prices of assets and commodities in the market. It is easy to understand this problem through the OP's perspective with BTC and ETH through a few cases in life such as the story that the pen used to write but someone used it to kill someone, and the person used it to write. say the pen to kill people. And what's the truth here, people only see a small part of the truth of all things without really understanding their value.
a commodity is a raw product that is used to create othe rproducts
oil=fuel/plastic
gold=jewellery/electronics
wheat=bread
bitcoin was just an private property asset 2009-2013
bitcoin was just an asset currency 2014-2017
but now people are locking up bitcoin and using those locked values to create other tokens on other networks. bitcoin has been moved into the commodity category.
ethereum for a long while has also done this so was always a commodity.
oil=fuel/plastic
gold=jewellery/electronics
wheat=bread
bitcoin was just an private property asset 2009-2013
bitcoin was just an asset currency 2014-2017
but now people are locking up bitcoin and using those locked values to create other tokens on other networks. bitcoin has been moved into the commodity category.
ethereum for a long while has also done this so was always a commodity.
How i know that they see btc and eth as commodities ??
Ether is not a commodity, its PoS is enough to prove that not to talk of other reasons. Becouse they trade btc and eth side by side with OIL contracts, and gold contracts and it's on commodities Market not sp500 and not Forex either.
When the bull run starts, you will know how altcoins follow bitcoin while bitcoin following halving if it happens ones again. That would be when you will realize that wall street follow crypto season.
It's very clear that people here not familiar with big guys actvities like wall Street and whales and big big funds who got a lot money in their hands to play with it.
They make rules so we just following to their rules.
Btc and eth Are commodities for them the elite those who got unlimited ammount of money and wealth.
How i know that they see btc and eth as commodities ??
Becouse they trade btc and eth side by side with OIL contracts, and gold contracts and it's on commodities Market not sp500 and not Forex either.
That's why Im saying it's very important to know what they do it becouse rest of the people tend to be living in different world time and space thank god i don't be like the rest of the people.
But yes btc is commoditie it's classfied as commoditie in the financial world and treated as commoditie wich making sense becouse they say btc Are digital gold and gold is not money gold is commoditie.
If you familiar with big guys actions then you understood excacly what Im talking about and from where i get this info exacly.
They make rules so we just following to their rules.
Btc and eth Are commodities for them the elite those who got unlimited ammount of money and wealth.
How i know that they see btc and eth as commodities ??
Becouse they trade btc and eth side by side with OIL contracts, and gold contracts and it's on commodities Market not sp500 and not Forex either.
That's why Im saying it's very important to know what they do it becouse rest of the people tend to be living in different world time and space thank god i don't be like the rest of the people.
But yes btc is commoditie it's classfied as commoditie in the financial world and treated as commoditie wich making sense becouse they say btc Are digital gold and gold is not money gold is commoditie.
If you familiar with big guys actions then you understood excacly what Im talking about and from where i get this info exacly.
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