8 sats \ 4 replies \ @ama 8 Mar \ on: Why did Bitcoin hit $70000? bitcoin
Bitcoin's hit $70184 because there were people ready to pay that price while other people were ready to sell theirs at the same price. Whether it's Russia, China, me, you, or the freaking US ETF providers... who cares? Bitcoin doesn't, and neither should we. :-)
I'm curious who is still ready sell their sats...
I'm ready to use it as I do it here. Sell - no
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Well, I'm waiting for a buy order somebody took from me an hour ago on Robosats to finish. That person was ready to release a few thousand sats to me in exchange for a few of my euros.
They might need those euros to buy some dinner, or to pay for gas, or they are happy to get more fiat than they changed those sats for in the past (they are realizing their "gains"), or maybe they speculate and they're hopping to exchange them back later for some more sats than they are giving me now.
The fact is that there was someone ready to do that, bellow the ATH price, and that I was ready to stack a few more sats as well.
Oh, they just released those sats while I was typing this and Robosats just paid my invoice. A few more sats stacked. :-)
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Take my congratulations 🎉🎉🎉
You're creating history, the same as first pizzas buyer. In the future readers find our posts and will be amazed there was a chance to buy more than 1k sats on a dollar