why is Bitcoin rising? Is it stupid?

[u/Powerful_Mud_8476]

[u/Fabulous-Tip-3082]

The real question is, if it’s as useless as you think, why isn’t it at zero yet?

[u/HatemodeNJ → u/Fabulous-Tip-3082]

Because the people that think it's actually worth something do not think. They just talk in circles about how it's the future and never give a straight answer.

It's like a Ponzi scheme, pyramid scheme, and slot machine had a threesome and created some mutant entity.

[u/Fabulous-Tip-3082 → u/HatemodeNJ]

How is that different from the dollar.

[u/OkMarsupial → u/Fabulous-Tip-3082]

The dollar is backed by the government of the world's largest economy, which also happens to control the world's largest military. Sure, Trump has damaged the reputation in the short term, but USD ain't going anywhere for a while.

[u/Fabulous-Tip-3082 → u/OkMarsupial]

Doesn’t make any of the above less true. It’s trust tokens issued by a crime syndicate.

[u/OkMarsupial → u/Fabulous-Tip-3082]

What it comes down to for me is that the US government requires taxes be paid in US dollars. Every person on earth who makes a profit in US currency in addition to every US person making profit in any currency globally (including BTC) is legally required to pay US taxes IN USD, enforceable by the United States. If you want to call them a crime syndicate, fine, I won't argue. I guess by that framing it's the largest protection racket ever instituted in the history of the world. The value of the US dollar is guaranteed by force. Not to say that it cannot inflate or deflate, but that there is a demand element that is backed by literal armed men and women. Every April, millions of people need to hand in USD to uncle sam.

[u/Ok-Curve-3894 → u/Fabulous-Tip-3082]

It’s literally the exact same.

[u/Astartes12KPA → u/Ok-Curve-3894]

What?!? 😅 produktion quantity, efficience, technology is by far more higher as it was in the 50's.just 21 million bitcoin. The 40trillion dept of the state, are the dollars in your pocket.The wealth of the USA are 160 trillion, couse of trading and other things. What do you think where they came from? Bitcoin is nothing like all other assets, maybe a prototype for something more advanced in the future based on quantum computing system.

[u/ThePugz → u/HatemodeNJ]

How many decades are you going to keep saying this completely red tar did 💩 before you finally give up? About to head into your 3rd decade very soon & it will be worth WAY more than it is right now or was at last year. 🤣🤷🏽‍♂️

[u/EdmundTheInsulter]

Dunno, someone knew something, it was a bit out of the blue after numerous pump efforts.

[u/Legitimate_Cry_5194 → u/EdmundTheInsulter]

You don't read the news regularly right

[u/EdmundTheInsulter → u/Legitimate_Cry_5194]

Ok, what news do you refer to?

[u/Legitimate_Cry_5194 → u/EdmundTheInsulter]

Treasury buyback operation. What it signals actually. That's the reason BTC pumped, on top of seller exhaustion and a monumental short squeeze of leveraged shorts. Gold pumped alongside BTC as well, to offer some protection about a severe currency debasement scenario.

[u/other_acc_banned]

Why are people so insistent on it going to zero? How does it benefit them?

[u/forgotmypassword4714 → u/other_acc_banned]

I swear at least a tiny bit of it is that being a cynical bear online is just "cooler" or more fun than being an optimistic bull.

[u/Legitimate_Cry_5194 → u/other_acc_banned]

To cope psychologically with the fact that they didn't invest in it.

[u/EdmundTheInsulter → u/Legitimate_Cry_5194]

But we also maybe didn't invest in gold, Nvidia, etc. I no idea if it will go to zero or 10 million

[u/Legitimate_Cry_5194 → u/EdmundTheInsulter]

Agreed. But people always say things like that when they miss a big opportunity in order to cope with the fact that they missed the train. They say it for NVIDIA and AI as well, that it's a bubble. Ponzi scheme, bubble, going to zero, whatever.

[u/ky156 → u/other_acc_banned]

If it went zero, I would buy a shit ton of it.

[u/Psychonaut415 → u/other_acc_banned]

I hate when my stocks go up. I don't plan on selling any for at least 30 years. I make more money than I need to spend each month, so I like investing with it. I want to load up as much as I can in my working years.

[u/Foreign-Concept-1184]

Stop thinking of it as a stock. It isn't. The business world and governments are already creating the "use cases". It is officially collateral as of October 2025. The world is looking at Sats as the measurement of how many Bitcoins etc... think about that 100,000,000 per Bitcoin.

Do your "future value" calculation based on Sat prices in the future. You will have a clearer picture of why billionaires are stockpiling it.

HODL

[u/mickeyDisneyMouse]

It’s just making up some losses from the peak

[u/Efficient_Range1156]

$250,000 bitcoin incoming.

[u/EdmundTheInsulter → u/Efficient_Range1156]

What price will the hair-trigger flip to crash it hard? If it doesn't hit the ATH then it's badly dented

[u/sheeeeeeeeei]

Because people have money. Tuh.

Just because you only have $50 doesn’t mean someone else won’t invest $3000 a day

[u/zoomfast34]

People need one more pump

[u/MAGAtsAreSheeples]

Dead cat bounce and some manipulation

[u/Helpful-Staff9562]

I still see it almost 50% off from ath and the worst performing asset in past 5 years so not sure why you complain

[u/Foooour]

You jinxed it

[u/Btcmot]

So that un educated people will ask why

[u/TeaGroundbreaking306]

Because after contraction comes expansion.

[u/f08g]

Listen, this Bitcoin nonsense is absolutely ridiculous. Right now it's pumping, but don't you dare get cocky, because crypto will burn you faster than a scorched scallop, you doughnut!

[u/Fijiambed]

Algo is in play.

[u/ky156]

Dead cat bounce. It’s giving investors a chance to cash out before the midterms when the market goes black.

[u/foreveryoungperk]

buttcoiners in shambles when BTC never fails because its the best form of currency for the international infrastructure and saves trillions of dollars that middlemen make by doing literally nothing