what this has to do with "crypto" in the first place?
Jeopardy: "A recent Silicon Valley-based bank that was a major player in providing fiat liquidity for the crypto exchanges"
nonsense...SVB and signature had very little exposure to "crypto". The only one that had was Silvergate, which failed quietly.
The rest failed because of the mismatch between withdrawals and declined value of holdings.
You listen to MSM a bit too much, it seems.
They call it this way to place the blame on us, but it does not "stick".
Yep they did not ladder buy fed bonds as rates raised.
Poor risk management banking 101 fail.
Oh gawd....
Still pumping IBonds in a cornz thread?
I am not saying it is completely unrelated, but still?
More than 11 years in dee cornz, and doesn't seem to know hardly nuttin about my lil precious.
[Edited out]
So far, bitcoin is reacting as I hoped it would react.
I would like to see a nice big 10k green dildo after tomorrow's cpi numbers.
The idea that banks are too fucking stupid to ladder buy into raising fed rates could mean raising bond rates will cause BTC to go onwards and upwards
Whoaza!!!!!!!!!!
Now you are starting to sound too smart for ur own lil selfie.
WO, please help! I'm trying to understand why Bitcoin has performed better in it's 2022 bear market with high inflation than 2011, 2014 or 2018 without it.
This is as far as I got trying to get an answer. Apparently every -2.2% correction Bitcoin experiences at current prices is worse than the 2014 bear market
Remember, it's not about how a -2.2% correction over a -86% correction affects your investment, it's all total market cap. Obviously.
And to combine this with your other question.
That 86% drop erased $10 billion of value, the current one erased $800 billion!
So...
Did it really perform better? Mark Twain might have something to say about those statistics and percentages.
So, by your own argument and logic, every 2.2% correction or downtrend that Bitcoin has (at current prices) is worst than the -86% drop that happened in 2014/2015?I rest my case. Still waiting for a relevant argument as to why high inflation is bad for Bitcoin
Answers in this thread or quoted thread accepted. I'm getting pretty desperate now to be honest, have been asking the same question for months and getting nowhere...
Maybe you can help to unravel the followings data then, as so far nobody has been able to explain the following:
2014-2015 bear market (no high inflation): Bitcoin drops -83% from ATH after approx one year
2018-2019 bear market (no high inflation): Bitcoin drops -83% from ATH after approx one year
2022-2023 bear market (with high inflation): Bitcoin drops -77% from ATH after approx one year
Thanks in advance. Troll welcome.
Seems like a lot of noisenings to this here cat.
In udder wurds.... Who fucking cares?
King daddy no doesn't care, right?
King daddy no doesn't want to be put into a box.. and you can ONLY get so far with various kinds of technical analysis in terms of attempting to figure out where we are at, how we got here or where we might be going.
Yeah, of course you might well be asking a rhetorical question.. but still, looking at where we were and where we are at seems to be much easier than figuring out where we might be going, but still, there are a lot of ways that any of us could frame the issues and even come to a wide variety of differing answers when we are merely attempting to assess where we are at and how we got here.
In other words, you are asking for too much in the ontological realm of the world
(and maybe you should join Vitalik ), and just like Dorothy in the Wizard of Oz.. enough of the answer has been with you all along....
Justsaying.