"Who is pumping bitcoin?"

The translation of "

Graf to chyba dobrze rozkminia

" from Polish to English is: "The graph seems to solve it well."

In the current situation, many people are pumping Bitcoin. These include individual investors, financial institutions, and companies. The main reasons for pumping Bitcoin are its value growth and the potential financial benefit from purchasing this cryptocurrency. Individual investors believe in the potential growth of Bitcoin and intend to make profits in this market. Some of them, especially the more experienced ones, use various trading strategies such as day trading or long-term investments to maximize their profits. Financial institutions also pump Bitcoin. In recent years, there has been an increase in interest in cryptocurrencies from banks, investment funds, and other institutions. Many of them claim that Bitcoin can serve as a form of protection against traditional currencies or have the potential for growth as a new asset class. Furthermore, an increasing number of companies are choosing to accept Bitcoin payments. Companies such as Tesla and PayPal have introduced the ability to transact in Bitcoin, which contributes to its acceptance as a means of payment. However, it is worth remembering that those pumping Bitcoin may also attempt to manipulate the market and create artificial price increases. These actions, called pump and dump, aim to attract other investors and sell their acquired units at a higher price. Therefore, it is advisable to maintain a healthy skepticism and closely observe the situation in the cryptocurrency market.

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Crypto is regulated by those who create or the biggest investors. The more people holding crypto, the smaller its fluctuations. If banks get involved, they also intend to hold it instead of trading. Remember that it works like money... without circulation, there will be no variable value. So, it's a fragile subject for me.

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