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Cryptocurrency discussions / Re: Crypto Events, How Could They Impact Crypto Prices.
« on: Today at 12:51:09 AM »We have seen how the hype around the recent BTC halving has created exposure for the crypto market and Bitcoin in general. Even altcoin traders were enthusiastic about alctoins which many believe would have brought in more returns if Bitcoin had done well and made a lot of increase, now we have another interesting day for Bitcoin which is the Bitcoin Pizza Day and I want to know what everyone thinks of this day.
I mean we are remembering the day when someone bought a pizza with 10,000 BTC, if we remember events like this, it could inspire the trust in BTC and may might want to benefit from it believing that it could rise up in future, I mean, nobody will like to be like the guy.
Perhaps this is what drove the price of Bitcoin recently to above $70k? As investors trying to relived this historic event and so it created a lot of hype again and again every year. So I would say still good and yeah it could instill some trust in BTC.
However, when he did it, he wants to proved that BTC can be used for micro-payment/transaction. But now BTC is a investment vehicle, everyone is jumping on it because of it's potential to get us good ROI in the future. Nevertheless we won't forget this historic event that Laszlo Hanyecz as it really pave the way and open the doors for BTC.