I have this question: What Is Guarantee For Increasing BTC Price?
1-If there is No Guarantee, why you buy BTC than?
2- If is there any Guarantee For Increasing BTC Price than tell me what Guarantee is excatly.
3- If you think BTC price will go up just because people buy it, Than tell me Where is the one Trillion US dollars that just evaporated this year in crypto going to come from, to take BTC back to its last high?
Trying to keep the answers as short as possibe, because I have explained it multiple times here.
1) There is no guarantee, Buyers buy from faith or desperation.
2) I could guarantee, price will drop dramatically further.
3) Some of that money was converted from morons to whales, but more essentially: there never was a trillion US dollars. There is 17 million pieces of virtual garbage, who are every day priced with HIGHEST PRICE that the biggest morons are ready to pay. Then 17 million is multiplied with that price and there they get market cap. Essentially there still is a shitload of those coins, that never moved anywhere, but between wallets of same inner circle, to give morons an impression on "market price" and to courage them to "invest".
BTC is the biggest scam of human history.