Top Butter Minds Respond To: "Why is BTC not going up if there is so much good news around?"
Most upvoted responses to the question posted in the bitcoin cult clubhouse:
"Macro dominates. Until global liquidity picks up this is mostly what we will be experiencing."
Meaningless technobabble that translates to "not enough greater fools."
"We trading sideways. It's a good thing."
Crypto gaslighting
"The big OTC buys don't shift the price but the supply shock is coming"
Stupid crypto talking point #4 (Scarcity)
"zoom out"
Stupid crypto talking point #2 (nUmBeR gO uP)
"Price only goes up when it’s least expected."
Desperate rationalization
"It went up 6x in 2 years. Is that not up enough?"
Stupid crypto talking point #2
"Honestly it’s my fault and I’m sorry. It’s because I ran out of green candles to burn, only have a drawer full of red candles left. Don’t worry I have a new shipment of green candles coming in this weekend."
Most rational response so far
"We are all watching bitcoin patiently but has anyone been watching Reddit stock…."
Distraction
"First thing i thought of when trump announced the btc reserve... He won't buy high... He will manipulate the market and crash him to buy cheap."
Conspiracy theories
"Great times for UTXO consolidation."
Desperate rationalization #2
"What good news? Possible trade wars? Uneasy market sentiment?"
First relatively cogent answer... poster should prepare to be banned.