| 09:46 |
awt |
!!ticker btc usd |
| 09:46 |
deedbot |
$27,675 |
| |
~ 1 hours 15 minutes ~ |
| 11:02 |
asciilifeform |
awt: rather lively waterfall action, loox like |
| |
~ 22 minutes ~ |
| 11:25 |
awt |
asciilifeform: btc is correlated with tech stocks, which are down, and inversely correlated with vix, which is up. |
| |
~ 38 minutes ~ |
| 12:03 |
asciilifeform |
vix? |
| 12:16 |
awt |
https://www.cboe.com/tradable_products/vix/ |
| |
~ 1 hours 7 minutes ~ |
| 13:23 |
asciilifeform |
a |
| 13:24 |
asciilifeform |
consistent, tho, with the misfortune where btc exch rate is made ~100% of gamblers buying/selling leveraged gox pokerchips, rather than saver 'hodl'. |
| |
~ 22 minutes ~ |
| 13:47 |
awt |
At a higher level consistent with a shrinking supply of fiatola. |
| 13:50 |
asciilifeform |
awt: and/or starving folx breaking open piggy banks |
| 13:50 |
dulapbot |
(asciilifeform) 2022-03-31 asciilifeform: billymg: what they bank on is that you won't take'em to grave. |
| 13:51 |
dulapbot |
(asciilifeform) 2020-08-13 asciilifeform: in train to auschwitz, glass of water cost exactly 1 gold watch. |
| 13:56 |
asciilifeform |
( whatever it is, tho, is obv. massively amplified by leveraged trading of goxcoin ) |
| 14:04 |
awt |
yes. the leverage cuts both ways. higher highs, lower lows. |
| 14:14 |
asciilifeform |
picture if e.g. usd came in 'rng(1, 100)' bills |
| |
~ 25 minutes ~ |
| 14:39 |
awt |
asciilifeform: elaborate? |
| |
~ 1 hours 11 minutes ~ |
| 15:51 |
asciilifeform |
awt: e.g. |
| 15:51 |
dulapbot |
(asciilifeform) 2022-01-14 asciilifeform: megavolatility makes conducting day-to-day biz in pure btc largely impossible for afaik anyone. |
| 15:51 |
dulapbot |
Logged on 2023-03-19 21:28:50 asciilifeform: re: exchrate, tho, imho to ask 'what exchrate is actually justified by actual economic activity in btc' is somewhat of a 'partial differentiation' mistake, given as the leverage-conjured volatility is a rather strong brake on any such activity |