see the difference?
Updated
im keeping this solely to rub it in some CIO's face :D when we get there,
tell ppl we dont have time!
there is actually pbly only about max 120k ppl who can sell you some btc rn ;) check out btcs metrics and you might learn something.
we just debunked the major bearcase that btc would go to 0 and tx fees are too high and that it cant scale, energy fud plus money is printed in huge quantities so y would we turn back to a bearmarket right here?
this is y i made this chart with theese giganitc green ... bars so you may get my idea
Dont follow my trades dyor!
tell ppl we dont have time!
there is actually pbly only about max 120k ppl who can sell you some btc rn ;) check out btcs metrics and you might learn something.
we just debunked the major bearcase that btc would go to 0 and tx fees are too high and that it cant scale, energy fud plus money is printed in huge quantities so y would we turn back to a bearmarket right here?
this is y i made this chart with theese giganitc green ... bars so you may get my idea
Dont follow my trades dyor!
Note
Comment: Comment: also mining equipment is sold out at leas till Q3 (cointelegraph or coindesk) while hashrate is still piling up.miners will want another season to pay off no?
this is y i made this chart with these gigantic green ... bars so my idea gets more clear.
ofc one might think regulations may kick in on an asset shift like this, but I think demand is to high and adoption driven to far and with the competition and uncertainty rn, i am very convinced no one has a benefit from shutting it down,
for several reasons.
I think we are at a pivot point in history, yet exactly 100 years later and before we turned away from the goldstandard, u can clearly see everyone wants more data, if it is from exchanges about derivates and margin positions, or just tracking data, which, if we had available, would indeed have given us the technological advantage above, first doing to little and then shutting everything down, social distancing and facemasks. if we somehow we had (anonymous) live tracking data available, and people would allow that, we would have had the advantage that technology allows from the beginning and knew more, more early.
If market data was more transparent markets could be more fair.
btw, did you know that the IMF is telling Korea (think it was on cointelegraph today), if it doesnt reopen markets to be shorted it would classify it back to the status of a developing country in some report that only old people seem to read, you could say, maybe because an industry nation should be able do endure that, but you could also argument, why should it be legal to short a company more than a certain percentage which clearly shouldnt exceed 100% or maybe just 10% or 0%
Or also that that was part of an expansive strategy to bring "stability" with realworld politics to somewhere-in-the-world-but-not-those-which-are-shorted-and-shorted-over-again-with-armys-of-hedgefunds-to-control-market-prices-and-demand-political-compliance-because-they-have-something-everyone-wants but people want something else now.
dis beeing my opinion and no financial advise, sorry for writing so much, but it just came ot that way, gl happy tarding! ;)
Dont follow my trades dyor!
Note
aslo i am very excited about btc sidechains after defi! :shades:Note
also, what do you think if south korea would become a developing country would happen, do you think foxcon or whoever would stop to buy samsung parts and ship them to apple? this is actually almost delusional, especially in foreground of the gme spectacle which the whole world saw. depart from the old! turn to the new and shiny, defis will become the governments of the future and are to be deployed on btc sidechains aswell, and btc will be the underlying asset for everything. ;)
cus think about this btc @ 30kish: mc about 0,6tn usd; if @ 350K mc kinda: 6-7tn almost about mc of gold (10tnish), the more that happens the more btc will be held as reserve for diversity and other reasons. blockchain enables ultratransparent market analysis, thats y im eyeing on margindata so much, cus if demand will grow up, im certain it will ppl around the world will demand more transparent and fair markets, one could also say that the price dips on btc are often driven by outsidefactors a good indicator is the usdeur chart which often reverses. so in a way blockchain would help expose marketmanipulation and that is very intresting because for the derivates markets which are estimated, to be between 500tn and 1qtn USD as i understand it kind of noone is accountable for filing over the exact ammount of positions in realtime, so u can guess, a huge big fat mess, with that high tf trading accounts, just think there are assets out there which may be older than any computer LALZ so if demand for data will pick up im sure well toss everything non digital asset into wrapped assets. that meaning if you have btc you dont even need to sell it to live from it, cus there just isnt enough for everyone to have some, but its so safe, you will want yout wealth on that chain, just think about the volume all derivates together may have every day... yadda yadda,i guess this is already more than to much for most of you ;)
could be, that we correct when usdeur ratio goes up, i doubt it tho, because that chart doesn't reflect the inflation of both assets during 2020 and 2021 but other assets including btc do.
Note
wow you are just looking at full autism :D
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.