The Number #1 Factor Driving Bitcoin Prices Is:
Greed
People want to get rich quickly and not work. They think that bitcoin profits will last forever. People are investing in bitcoin, not because they believe in the future of the currency, but because they want to pad their pocketbook. Big money in Asia markets are manipulating the price. And everyone is coming along for the ride in the pursuit of profits. Bitcoin technology has increased very minimally but the cost to buy bitcoin has gone up 5,000,000 times its initial cost. Everyone is hoping to sell their bitcoin to the next person in line for more and more money. Greed will drive the price up as high as possible, and greed will cause the crash as well. Crypto is a really neat concept, but turning it into an investment tool is making us more motivated by profits than actual beliefs. Not to mention Crypto is destroying billions of dollars worth of resources each day. Its really sad to watch humanity destroy the world in pursuit of profits
Warning for EVERYONE: The troll named “nullius” is spamming the forum with FUD warnings. He is very annoying and stalks all my threads
i agree with you many see bitcoin is only pumping tool invest 1000$ and after 5 months get 10,000$ because they want to pad their pocketbook.
only 5% only know how bitcoin work and less believe in the future of the currency