
is the bull market kill, ISM shat a brick
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Editis the bull market kill, ISM shat a brick
It's a scam because prima facie the only use of block chain is as unprintable money. You only need one money. Therefore it's a shitcoin.
A car is a machine for going from a to b and nothing more. Granted, I like my comforts like cruise control, AC, Bluetooth. But I can have that with a Toyota and bank the rest in Bitcoin. I've got 0.01 Bitcoin I set aside 4 years ago to buy my next clunker whenever my current one dies. I'm hoping I don't need that much by the time that comes around lol
Why 🦀, who is sell
I eat bacon and eggs fried in the bacon fat for breakfast. I have chicken or fish and vegetables for lunch. I have something like that for dinner. I am healthy. The food pyramid nonsense says I'm not.
I think given your framework here some of the old cycle metrics like pi tops and 5x 200dma are probably still useful indicators. Would be incredibly disappointing if we topped without any of those heating up even slightly. Either Bitcoin is now boring for good due to Wall Street or the party really hasn't even begun yet. Either way, all of this steady bullcrabbing for the last two years has led to a pretty good base. I'd be shocked if we ever saw sun $70k Bitcoin again
Agreed - in addition, a big difference these days is that while you might be able to log a paper gain of 10,000% with CumButtFartCoin good luck finding liquidity for an exit of any meaningful size lol. Bitcoin is hyper liquid and stable
I absolutely agree with that principle. My point though is seat selection/location doesn't offer any kind of increase or decrease in safety. The difference is so marginal as to be meaningless in this specific case.
It was a good conversation, please do more of these in the future! Or more YT videos. You're one of my favourite thinkers in the space and you see things from a slightly different angle than most others. Very valuable.
Plane crashes are so rare it's not even worth thinking about. I had a psycho boss (for other reasons) who would book out plane tickets in the back based on Lopp's reasoning and it always felt like psychotic behaviour rather than a legit strategy for anything.
The sentiment is correct though. Crashes are such a tail event that worrying about whether your seat number survives is pointless. If crash, then dead is the likeliest outcome for something catastrophic, because it's usually a) all survived or b) all dead. Some survivors is even rarer than the event of a crash in itself. In other words, what Lopp has pointed out is essentially pointless.
There is only #Bitcoin, all others are scams. Sats rule everything around me. Amateur Political Economist and Historian. Semper Vigilans