Ups, I stand corrected, it now lost 8% since this morning....5.6% in the first 6 hours this morning. Are you just pretending to be willfully ignorant or you just can't help yourself?
Are you stupid or are you a moron?? Check the peak of Amazon, Google and Microsoft today and then see where they closed How many percent is BTC up from $3,300 in March of 2020?? You deserve to be poor, BEEYATCH!! BWAHAHAHAHAHAHAHAH
Really dude? You see a 5 percent drop and think the bulls are done? I couldn't help but laugh when I read your post....
My response to Morgan Stanley: "Thanks Captain Obvious!" My next question, is the sun going to rise tomorrow? Can we have an article letting us know if that will be the case still going forward? I am not too sure if sun-rises could be a reoccurring thing. Are they truly cyclical?
The only deceptive person in the room here is you . Amazon and Microsoft never claimed to be a store of value. How many times have you made this claim about BTC? I can't count... But of course you will counter with more snake oil...
I think the claim of store of value and using it as savings account is moronically ridiculous. It's a purely speculative instrument and nothing else. And a very energy consuming one at that.
But what does that have to do with the fact that you don't know what you're talking about when reading charts? Why are you even in the crypto assets section then if you don't like crypto? Seems a little ridiculous for someone so successful at trading to be in the crypto section acting salty to all the crypto promoters. What did we ever do to you?
So the crypto forums are reserved for shills only? Must have misread the forum rules. I read the chart correctly, both today and over the past 365 days. If you guys were just shilling all would be fine, but you guys mislead, lie, and falsify what stands as facts for everyone to see. Which chart did I read wrong? What exactly are you accusing me of? Or will you or your shill brother now respond with something that changes the topic again?
Store of Value I'm going to assume that you are not a complete idiot Store of Value means you store your wealth in something so that you can use it later, for example if you work and put all your salary into a savings account --------------------------- In the past, people used cattle, seashells, rocks, glass beads and even metal coins as Store of Value, until their values collapsed ---------------------------- The US $ or the Canadian $ or the British Pound are not good Stores of Value over a long time period Consider the $100,000 from fifty years ago and how much value you could purchase then and how much value you can purchase now. Do the same for the other fiat currencies I mentioned ----------------------------------- Store of Value means long term Show me a 3 year period where someone lost value in BTC Price volatility is due to the inefficiency of the markets. Bitcoin has been in a price-discovery since inception ---------------------------------- Bitcoin and blue chip crypto assets have been the greatest wealth generators in the history of the world and normal, average citizens of the world were able to acquire these crypto digital assets before the wealthy rich elite fuckers got in Gold has been dead for the past 10 years. Is gold not a Store of Value?? ------------------------------------ For the past 10 years, people in Venezuela, Turkey, Lebanon, Argentina, Afghanistan, Peru, Sri Lanka, and just about any place in the world would have successfully used Bitcoin as a Store of Value Do you understand what I'm saying or are you too stupid to understand all the evidence that I've been posting and you just never acknowledge them?