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From: Mild Shock <janburse@fastmail.fm>
Newsgroups: sci.physics
Subject: So how does the Bitcoin rugpull work? (Re: Cyberwarefare will grind
 down DOGE, FBI and Bitcoin)
Date: Wed, 26 Feb 2025 13:16:09 +0100
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Hi,

Ok guys, its very easy. People sell Bitcoin,
there is a more supply than demand, so the
price of Bitcoin goes down.

But what are the people that sold Bitcoin,
what are they doing with all the Fiat? Well
I guess indicators show that most of it

goes outside of USA, if you assume that
a certain surge in stock prices outside of USA,
has to do with available liquidity to invest,

on not only with favorable prospects.

LoL

Bye

Mild Shock schrieb:
> Hi,
> 
> Interesting erosion of Bitcoin prices, and
> all other cryptos including Ethereum and Altcoins.
> 
> On 21.02.2025 it went to 99'000 USD,
> and 10 hours later it was at 95'000 USD.
> https://coinmarketcap.com/currencies/bitcoin/
> 
> A Bybit Hack stole some Cold Wallet funds! Maybe
> they should change their name to Bye Bye Bit,
> 
> and relocate from Dubai to Pyongyang!?
> 
> LoL
> 
> Bye