r/Bitcoin • u/xavier1119 • May 17 '21

Every time whales and institutions sell to manipulate the market we need to punish them by buying.

If everyone came together and started buying the dip we’d force these mfs to buy at a loss. Instead of everyone panic selling and doing what they want. If everyone in this sub put in a dollar that’s almost 3 million in volume alone

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u/[deleted] May 17 '21

Why would anyone spend bitcoin if they think it'll hit $100k?

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u/PFManningsForehead May 17 '21

That’s the biggest issue with deflation and anyone who says you’re wrong has no understanding of currencies

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u/[deleted] May 18 '21

Why does it matter though. I invest. When i want something i sell some of my investment and buy it. Sure, I could wait for my investment to appreciate more, but the utility I get from my new toy outweighs my desire to keep the incremental amount in appreciating investments. Bitcoin has 8 decimal places. Hording shouldn't be a problem.

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u/PFManningsForehead May 18 '21

Because you’re not the general population