| 11:04 |
billymg |
https://x.com/100trillionUSD/status/1838624330176922033 << so far so good |
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~ 3 hours 4 minutes ~ |
| 14:09 |
asciilifeform |
'new 0 day' perhaps notfar, lol |
| 14:09 |
PeterL |
to the moon? |
| 14:10 |
asciilifeform |
prolly not, per the heathens, waterfall being refilled with gox (yes) coinz atm |
| 14:10 |
asciilifeform |
coupla $b worth |
| 14:11 |
PeterL |
could hit 100k before they start dumping |
| 14:12 |
* |
asciilifeform regards 'who's selling' as a nonmystery, but has deeply nfi who's buying |
| 14:13 |
PeterL |
question is, is this actually adding a 0 to btc value, or is it just catching up with crazy inflation of past few years? |
| 14:13 |
asciilifeform |
+ for that matter just how much actual buying & selling taking place, vs. simply goxes posting rng #s |
| 14:14 |
asciilifeform |
PeterL: depending on how measured, would need 200-300 to 'catch up to inflation' from past 4y |
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↖ |
| 14:15 |
asciilifeform |
( per asciilifeform's cosmography, will remind, ~entire purpose of the waterfall is to prevent btc exchrate from reliably outrunning usd inflation ; if it were to, would be nobrainer 'shelter' and all other usg.'assets' would be doomed in near term ) |
| 14:17 |
PeterL |
would be better shelter if didn't +/- 20% randomly even when not moving |
| 14:18 |
asciilifeform |
all the other 'shelters' behave quite similarly ('stonks' etc) so not unique to btc, is artifact of leveraged idiocy |