People still suffering mentally from the bear hammer,~
Speak for yourself bro, I’m already having a blast with these discounted prices.
That is proof that you suffer mentally - or unless you are a low coiner or a no coiner. I know that no coiners and low coiners are "having a blast" from these recently low ("discounted") BTC prices.
Where is JJG?
Is he getting the v329.1.4 Cryptotourist update, or have they decided to shred his kernel?
"They" decided that JJG had some chores that s/he/it had to do around the house... so JJG is just fine.. just had to do those referenced chores around the house.
pretty good video.
pushes pow a lot.
There is no need to "push" POW.
POW is a superior system, so POW seems to already speak for itself.
Hadn't you realized, after your 11 years in bitcoin, that the way that Bitcoin implements POW serves as a paradigm-shifting invention.. that allows for value to be stored, transmitted and verified digitally in such a way that had never been securedly possible previously. It's a pretty BIG deal, if you had not noticed... and no real need to sell it or push it... especially now that it's already been operational for nearly 14 years.
Part of your problema philip is that you don't seem to understand dee cornz very well.
Epic Facepalm.
Perhaps you don't understand dee cornz either, nutildah - especially if you are coming to a face palming conclusion.
Dee cornz are already decoupled - even if we have these periods of correlation, that seem to confuse people.. including but not limited to ur lil selfie.
Won't be decoupled until its no longer an institutional investment...
It appears that you read whatever you wanted into your out of context response.. without actually addressing the issue as such issue had been presented
by me.
pretty simple really.
You come to the opposite conclusion, and then say that the matter is "simple." That approach comes off as face palmable to me.
I've never understood the steadfast denial of correlation by those who wish to pretend corn exists in its own economic bubble. It does not.
No one said that corn exists in its own economic bubble... So we agree that corn does not exist in its own economic bubble. Are "we" making progress?
Here's some
basic reading for ur lil selfie, let's see if it will make a dent in your stone head.
As Bitcoin morphed into an asset class, more interest was created. Brokerages and institutions gained traction with regulators and offered investment opportunities like Bitcoin-linked ETFs and 401(k)s that allowed investors to place Bitcoin in them.
Because institutions were providing familiar instruments, investors appeared to become more comfortable with cryptocurrencies.
In late 2021 and into mid-2022, cryptocurrency prices rose and fell similarly to equity prices. The chart below shows Bitcoin's (BTC) price compared to the S&P 500 (SPX) and the Nasdaq 100 (NDX).
That appears to be one year's worth of data that is represented in the chart, and then the investopia clip seems to be making an assessment that bitcoin is becoming more correlated based on new financialization instruments that will cause such increased correlation... .
Sure bitcoin could become more correlated in the future, but currently it is not correlated merely based on 12 months worth of data showing it to have been correlated during the most recent 12-month period.. or whatever it is that you are striving to present and to argue in regard to your assertion that bitcoin is supposedly correlated or becoming correlated.. or your assertion that it has always been correlated or whatever nonsense self-righteous proclamations that you are trying to play gotcha with..
"Ah but its not correlated 100% of the time."
Who said that statement? not this here cat... You are the one presenting data from the last year in order to argue your point... good luck with that, you will likely need it.
Correct. Regardless, some correlation is still correlation.
I don't think so. It is possible to have periods of correlation in order to cause people to proclaim that they believe that bitcoin is correlated, and then they end up getting fucked when they end up making bets that are based on overly expecting future correlation to play out merely because they are able to see some evidence of past correlation for periods that they had selected.
In other words, I stand by my original post, and zoom out your lil selfie a wee bit. There is no need for me to 'splain the situation further to you since you have already come to this topic in an argument manner in which you are not even trying to represent what I had said versus what you would have liked for me to have had said.. and since you have already made up your mind and want to engage in some seemingly self-righteous gotcha lecturing, anyhow.
JJG is correct about the following:
world governments fear BTC.
As to their solutions to solve the problems btc creates, they are working on it.
Lets hope they do as well as they did in keeping the deficit in check.
I am not going to deny that governments are not on the attack, and for sure, it looks like we are going to be experiencing some of the new attacks.. and so it could end up that we might need to reframe and to rethink some of our issues and some of our framings - depending on if there might be some areas in which some of the newly developing attacks become effective.. and even from one day of hearing, we see a lot of confusing of the FTX matter in order to lump bitcoin in as a culprit, and the Warren proposed legislation seems to be partially motivated by fear of bitcoin, and confusion (whether purposeful or not) of bitcoin and crypto and even wanting to blanketly frame bitcoin as a threat - through even spreading misinformation through occlusions.. or maybe bad frameworks or maybe just lumping "guilt by association."
