oh man just wait till its just wet/raining, studded snow tires are like having bald tires at that point lol
Invent studs that soften with the temperature and you'll be a billionaire in the stud industry! Not a bad legacy...
Long threads like this are hard to follow, but can I ask - what is keeping the price at $90k for weeks?
Nice to see you venturing in these here parts, even though you seem to be admitting that you have failed/refused to read the whole thread (in detail) prior to posting.
Of course, the smart-ass simple answer is that there are more sellers than buyers, yet at the same time, it can be hard to know how much ability certain powers that be (bears or whatever we are calling them these days) are trying to coordinate across various systems that they control to be able to push the price down as far as they can and for long as they can while they are able to fill up their own bags.
Surely the fucktwat manipulators likely recognize that if there are abilities to keep the price down without killing the golden goose, then why not? The plebs are surely able to tolerate a considerable amount of negative BTC price performance based on cycle theory and other kinds of ways that they ("we") might be willing to give up some of their (our) coins.
Of course we might be considering our range to have had been around $0k to $97k for the past 2.5-ish months (since mid-November), then surely there continue to be questions regarding the extent to which we might end up getting a break down or a break up... and those kinds of matters are not necessarily resolved very easily... and surely there can be times in which the DOWNity manipulators end up losing their abilities to keep the beach ball under the water. I certainly am not going to claim that I have too many clues, which I believe that each of us should alway be attempting to prepare ourselves both financially and psychologically for price moves in either direction, even extreme price moves.
I hope that my non-answer answer has been helpful in the direction of not overly muddying any perceptions that you might have regarding where we are at, how we got here and where we might be going... hahahahahaha
- A conglomerate of "castles" with max individualism and "every man for himself", where everybody else is a potential threat first and foremost?
This is effectively the founding philosophy myth of the US of A, eH?
Are you a Canuck? eh?
Election outcomes were and still are bought and paid for- as are the police forces hired to neutralize threats to people and property. There is a sort of direct puppet democracy for large financial concerns or those that wield them, many state-funded with imaginary money, of course!
Values, implementation of values and the role of government remain as walking contradictions, and surely in modern times there continue to be challenges that are likely quite exacerbated when there are decisions to attempt to paper over and to cover up various ways that influence has not been balanced in fair ways and even cover up various problematic historical financial interests....and surely many bitcoiners will likely trace many of the major problems and/or corruption and/or malincentives towards out of control (and even desperate) money printing.
- Another failed state/area, where warlords command their mercenaries and collect "protection fees"?
There's a boring ass academic treatise on this by Nozick that's probably not worth re-skimming/reading
Good thing that I don't know Nozick - especially if the matter is not worth skimming/reading.
The most recent episode has one of my favorite curmudgeons, Dave Collum.
He is pretty good at seeing future trends, but he's also kind of a reluctant long-time no-coiner. For at least a decade, he's been making the argument that Bitcoin will be forced to go the way of gold. In other words, paperized by the institutions and then diluted into oblivion, although we're kind of seeing how that's working out for gold.
He also spent some time talking fourth turning type stuff, and anyway, it's a pretty interesting episode so far. I'm not that far into it, but I think some of you might like it.
https://youtu.be/lTEtbTl_hEc
Thanks, always enjoy Collum/YIR but don't usually listen to this podcast.
Collum never seems to opine directly about bitcoin anywhere except to say that he hasn't bought any but might if it "survives" a broad market crash: and it's challenging to think he doesn't understand that for investable purposes, the key difference from his baby, gold- aside from digital versus natural scarcity- is that gold has been completely state-captured for millennia while bitcoin is not [yet]. It comes down to talking his book (or coin sack or Scrooge vault?) I suppose.
It is likely that many of us are influence by our book, and it seems that Collum remains a bit of a stubborn fuck in regard to his ongoing (for probably more than 2 cycles) that he has sufficiently known about bitcoin, yet failed/refused to take any kind of stake in it.. even as 1% to 5% hedge.. and he seems to be way too smart for his own good in that respect...
oh man just wait till its just wet/raining, studded snow tires are like having bald tires at that point lol
Invent studs that soften with the temperature and you'll be a billionaire in the stud industry! Not a bad legacy...
Long threads like this are hard to follow, but can I ask - what is keeping the price at $90k for weeks?
Glad you came to lick your boob here for a moment, Vod.
You know, there's a lot of theories out there about the price. The most prominent are
- institutional shenanigans has basically invented paper bitcoin one way or another and we're seeing a lot of short-selling basically.
- There's a lot of OG selling going on.
I don't buy this OGs selling their coins theory (I believe it is exaggerated bullshit), even though it seems to be ongoingly repeated proclamation coming from various interests that would love to manipulate more and more normies (plebs) into selling their coins.
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