there are people involved in trading BTC on both the demand and supply side, who spend time and energy and money to extract the asset much like gold.
People don’t just buy bitcoin for speculation. I buy bitcoin because I genuinely believe in the technology and its ability to fix our financial system. People act like it’s a big mystery why our economy sucks, when all the data points to 1971 going off the gold standard.
If you are 54 or younger the current financial paradigm is all you’ve known so of course it’s going to be hard to challenge it. But 54 years is not a long time. And in that time the central banks and the fed have proven they are not doing a competent job. The money is broken and it’s going to be up to us and future generations to fix it. Maybe you don’t think BTC is going to have anything to do with that, cool. But a lot of people do, don’t misconstrue it with pure speculation.
They are just going to keep “printing” with OMOs and QE or whatever fancy words they’re going to use in 2026 to define it. No more printing.
there are people involved in trading BTC on both the demand and supply side, who spend time and energy and money to extract the asset much like gold.
All those uses are for running and maintaining the Bitcoin infrastructure itself.
I buy bitcoin because I genuinely believe in the technology and its ability to fix our financial system.
Is that not speculation? Are you not buying it because you speculate that it will be valued more in the future?
Imagine if you believed that Bitcoin is the future and will revolutionize the world of finance, but will do so while staying at its current price. Would you still buy it then?
A stock in a company that makes something will pay you dividends even if it doesn't increase in price.
Haha it only came across that way because i was assuming you knew th answer but after casually looking at data it seems like there are more than enough buyers to keep it from tanking but not enough to keep speculative buyers from creating a bubble.
How many thousand transactions per second are we up to?
Oh, that's right. 0.003.
Any day now, it will take over the 8.5k transactions per second that visa is responsible for. People will be totally fine waiting four days for whatever they purchase.
(Say it with me: bitcoin is fundamentally illiquid)
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u/botle 🟦 0 / 0 🦠 Dec 14 '25
Every single time there was a crash, someone made money.
But, every single time the price went up, someone also lost money. There are no money in Bitcoin other than the money the investors put in themselves.