Jeff Walton says it's the misunderstanding that creates the volatility for MSTR. They in turn use that volatility to buy more Bitcoin.
There is such a range of outcomes that is expected from non-believer to believer in addition to the short term mechanics of these products hitting the market.
It's like a pick-your-skii-slope approach to Bitcoin. But everyone's paying the lift pass that accrues to MSTR stock.
Interesting
I think I need to do some creating. However creating can be wasteful (expensive hobby for example).
Jake, I'm in El Salvador because you asked me "what's holding you back"? And the answer was "myself".
Hmmm. I would have cheap storefronts, nostalgia, smart phone ennui on my bingo card. To really find out we might need to watch a documentary of day in the life of GenZ to find the answer :-D
There are quite a few arcade stores in small towns in El Salvador and I'm also wondering how there is that much demand
Hmm, or could it be young people with not enough money for cars have money to go to claw amusement stores
I only tried one of those in a Walmart as a kid. I don't know of anyone ever managing to claw something up.
My favorite from Terrence Michael:
Bitcoin is like a brick wall with 21 million bricks, and a curtain is slowly lifting revealing the bricks. Everyone can see your brick, but only you have the key to it.
Oh thank you. Yeah, good so far.
Thanks for the sympathy.
I'm looking whether it's a bug or a reptile. It sure looked reptilian. It kinda makes the tongue/lips tingle. interesting feeling.
Definitely zapped me out of my mid day slump
Fighting with a little guy why decided to hitch a ride in my pants this morning.
so grateful this didn't happen in public. The slinky little creature got me twice with his tail. I'll have to see what the health benefits are.
Für ein Land, das einfach funktioniert! 🌻
Nur noch #AFD 💙 https://video.nostr.build/d52ce4a3949cfb6711254278e5fa8c68a87671a494ba58350c82acd34e308a80.mp4
What does this mean for the date of this ship
Yeah it's crazy how it fits in 4 year cycles up til now. Maybe there's some sort of logical proof that could indicate the future. If the system has one element that changes every 4 years, then the outcome must be an echo of previous ones or something.
My basic understanding is that the quicker BTC grows in USD, the more the volatility also has to increase (otherwise people would just leverage and everyone would be winners.
So I think a supercycle would just be 80% drawdowns that no longer take 2 years to gain back. So maybe the measurement between crests of the waves gets shorter even as waves gets taller?🤔
I may need to go to a swimming pool to test.
A chimney demolition in Eisenberg, Germany, with water jets used to limit dust spread
https://video.nostr.build/c23a6e9cc33583dfe1bde63f6c2f7b6ba39b4b25172c14e2fb5a302aeb1d4cc5.mp4
The Germans think of everything. I'm pretty sure they are key to getting us to the better future.
I'm saying this after getting a persistent cough from inhaling dust and diesel exhaust. As much as I love El Salvador, walking around city streets, there's dust, smoke, and exhaust. I guess EPA regulations aren't all a bad thing.
Unless the cough is covid.
I think it's the idea that the Plan B 4 year cycles are broken and it just goes up and to the right.
This is my favorite chart with the market psychology, 4 year cycle and the BTC price from Rational Root
Yeah it was two little shakes that I thought could be the wind. Until I realized I'm on concrete and the wind has not made the roof shake all day.
I googled it at 5:30, so it's about 500 miles away and it takes about 5miles per second to travel. So 100 seconds later it vibrated the metal roof here
Hehe 😂. I think he is a big picture thinker so maybe they got those things up their sleeves