I've been away for a few weeks

I've been away for a few weeks.
Can you explain why Bitcoin is $6100 instead of $3500?

Kylie Jenner got pregnant

niggers

Greed and hype are the only expectations

Bitcoin and Crypto are absolutely worthless
Serious answer

Expectations? WTF stupid phone

its a pyramid scam, don't be the fool who buys this nonsense!

Yea I'm not buying at the moment.

When is segwit part 2 happening again? Or was it already?

Look up Tulip Mania. Bitcoin is the modern version of this.

november but these hooligans will tell you to keep buying their scamcoins while they dump on you until then

Alt moneys flowed into btc like bees to honey

bub

niggers!

Because alts are the niggers of crypto.
The end.

This guy ~2 months from now:

>Fucking Bitcoin why are alts going up so much reeeee

Bitcoin will replace fiat by 2035.

Praise Lord Kek.

OP's pic reeks of normieness. DO NOT HELP THIS NORMALFAG.

I can’t find anyone to give me a real reason as to why Bitcoin is valued the way it is, and seeing how it’s crashed before I don’t see why it won’t crash again.

I think it’s just hype right now. People only think it’s valuable because it keeps climbing at insane rates. People on Veeky Forums will just call you a normie and stupid if you question it. These are the same people that buy these alt coins and lose thousands of dollars in pump and dump schemes

Gold have two intrinsic traits that makes it valuable :
1) It's rare.
2) It's relatively immune to time.
3) It have a very very low inflation rate, same rate as it's physically mined.

Now, let's look at bitcoin.
1) There can only be 21millions in existence. That's fucking rare m8, there's a fuckton of gold in the asteroid belts alone.
2) It's completely immune to time due to being fucking digits on some paper or some silicon or you mum's big ass.
3) There can only be 21 millions BTC, that's literally 0% inflation. Even a small deflation rate since coins can be lost due to damaged hardware, forgotten password, etc, never to be recovered.

BTC is supergold. Deal with it.

absolute normie answer

the government dont control bitcoin
living in the third world and getting buttfucked every fucking day by the government makes you value that

>inb4 yes they can

>most stable and long lasting construction of human history
>scam