Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[marcus_of_augustus]

Pretty sure everyone (everyone sane?)

... because only insane people could think that the government got it wrong, again and again and again?

... typical ad-hominem in the question tactic, "only sane people ...." you only resort to that kind of rhetoric because your arguments are weak or wrong and not supported by data

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[DaRude]

Pretty sure everyone (everyone sane?)

... because only insane people could think that the government got it wrong, again and again and again?

... typical ad-hominem in the question tactic, "only sane people ...." you only resort to that kind of rhetoric because your arguments are weak or wrong and not supported by data

Typical straw man, about the govermentz. Yeah i stand by it, at this stage it takes someone reallllly "special" to deny effects of pollution in some of the most polluted cities in India and China. Then i did a "slippery slope" argument, *hint, that's the one that's easiest to attack

[ChartBuddy]

Explanation

[sirazimuth]

m of a on the wob....



m of a irl...

[BobLawblaw]

This is very nice.

I like it.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[philipma1957]

No four bagger for you buddy.

[JayJuanGee]

Type                                 Current value($Trillions)     multiple of inefficiencies                  Value into BTC ($Trillions)
Derivatives                             $900.000                                 50%                                                  $450.000
Real Estate                             $220.000                                 60%                                                    $132.000
Stocks                                     $90.000                                 50%                                                    $45.000
Bonds                                     $130.000                                60%                                                    $78.000
currencies                              $120.000                                 90%                                                    $108.000
gold                                       $11.000                                 75%                                                    $8.250
silver                                     $1.200                                    75%                                                    $0.900
crypto                                     $1.000                                   50%                                                    $0.500

Total                                     $1,473.200                                                                                          $822.650

... good approach, we can tweak the asset class efficiencies and come up with a total addressable market in 2021 dollars

Be my guest...   I thought that I was attempting to use 2021 dollars...

... your numbers put that around $ 40 mill, I'm thinking of an order of magnitude O(m) range, $5-50mill?

I thought that my total was $822.65 trillion-ish... .. not sure where you are getting those $40 million or $5-50 million numbers.

I would love to see someone change some of the assumptions and then show where my numbers might be inadequate in one way or another - because I feel that my numbers are just nearly pure off the top of my head SOMA (if that's possible?) numbers in the sense that I just picked the first numbers that randomly passed through my head.. because I am not even sure if I understand the ramifications of each of the asset categories  in terms of how much they are being overvalued by having a kind of storage of value function.. and probably it becomes quite difficult to measure, too because it becomes a self fulfilling prophecy that a house that used to be worth $220k all of a sudden becomes valued a close to a $1million.. merely because everyone else is buying houses because they are afraid to keep money in cash.. and they just hardly have any clue where to put it.. so they just put it into real estate - like everyone else is doing.

[Richy_T]

Pretty sure everyone (everyone sane?) will agree that we (humans) already managed to fuck up environment at the city levels in many locations around the globe (possibly country levels, fancy a health retreat in Bangladesh?). Yet even the thought, that combined effect of all those fucked up cities could have some not so positive effects on a global scale, is completely incomprehensible and alien to them.

Dude, I don't want to get in the middle of this discussion but you need to keep straight the differences between global and local and warming and pollution.

[ChartBuddy]

Explanation

[JayJuanGee]

You guys might disagree, but this cycle is quite underwhelming (in bitcoin) despite lots and lots of attention.
We are just X2.4 the prior ATH despite being quite deep into the current cycle.

Fair enough.

What's the rush?

You trying to suggest that bitcoin is supposed to be on a kind of schedule?

BTC appreciated at just 26% APY since the last ATH (I used 3.833 years since the last ATH).
It's great, but not phenomenal.

Is that the way you choose to measure CAGR?

Seems a wee bit lacking in scientificness.

JStolfi used to measure bitcoin's performance from the November/December 2013 ATH and then say that we are "underperforming."   Look where that persistent dumbass analysis got him.

Looking forward to a huge jump that has got to be coming.

I am glad that you remain optimistic.  That does put you in a somewhat better place than JStolfi who even refused to buy bitcoin.. so, at least, you have not refused to buy bitcoin, as far as I can determine.. You just decided to NOT buy more, and just stick with your about 20 BTC from your 2015-ish purchases. .. which is fair enough.. fair enough

[ChartBuddy]

Explanation

[Mbitr]

Squid game

Addicted

Just seen the first episode 

Gonna enjoy this series 

[ChartBuddy]

Explanation

[ChartBuddy]

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[ChartBuddy]

Explanation

[modrobert]

... note, this overstates the trend also because the satellite temperature record begins in the late 1970s, right at the end of a strong cooling spell, strong enough for institutional science to be fear-mongering about the earth imminently entering an ice-age, and yes institutional science was claiming that cooling was man made back then in 1970 too.

... institutional scientists are like politicians because they are mostly poor and will say whatever you pay them to say, and they are mostly paid by governments

... the temperature has hardly gone up for over 40 years, it's a huge hoax to fleece the idiots

... the earth has some nations with terrible real pollution problems though, the climate change mass hysteria will not fix any of that, probably make it worse by increasing economic waste, resources misallocations, destitution and distracting energies to a none existent problem

are you people retarded or something.  We literally went to fucking ANTARTICA, of all places, and DRILLED BABY DRILLED ice cores.  Those ice cores have air bubbles in them, we analyzed the air bubbles and found that we are fucked.

Maybe run your gasoline car in the garage, all doors closed and see what happens to the atmosphere ?  tip :  it changes when you add gases to it.

... pretty sure Greta, bless her soul, truly is retarded but believe whoever you like, name-calling wont change a thing

... the ice-core data definitively showed that CO2 rises trailed global warming periods by thousands of years so basic causality means could not have been the cause of previous warm epochs, the whole scam should have ended then but you know .... when liars are caught in a lie, they always double-down with a bigger lie

... very much the same thing is happening with centralised fiat banking, public health- Big Pharma complex and global socialist order, it's collapsing around them and all they have is bigger lies, more jackboots, less freedom and stronger propaganda initiatives

The researchers have CO2 data going back 800 000 years from the ice cores, and it looks like this:


Source: https://climate.nasa.gov/evidence/

I don't think anyone here doubt the scientific proof, but we could always argue about the effects of global warming, how long it will take for complete plant/animal extinction, effective measures to reduce or remove CO2, etc.

[nutildah]

Who would have guessed burning through eons worth of settled carbon within a couple centuries would result in increased levels of carbon dioxide in the atmosphere. Shocker.