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104 sats \ 4 replies \ @Undisciplined 31 Aug \ on: At Bitcoin Asia Everything Was Upside Down (Bitcoin Magazine, JB) econ
Appreciate the backlink, but am more happy to see you cranking out so much product (edit: I don't mean in ~econ).
the harsh reality of an ever-decreasing price
This feels wildly myopic. I haven't been in bitcoin for very long and we're at about 4x from when I started paying attention.
I know you're talking about recent trends, but there's a ton going on in global capital markets that makes me skeptical of taking lessons from bitcoin price movements.
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42 sats \ 3 replies \ @denlillaapan OP 31 Aug
I know, I know... but apparently price is ALL that people click on, and we're in the click-y business so there you go.
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9 sats \ 2 replies \ @Undisciplined 31 Aug
Prices are super interesting. It's too bad we usually know so little about what's driving them.
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42 sats \ 1 reply \ @denlillaapan OP 31 Aug
...or really good?
Hayek's knowledge thing... informationally efficient; no need to know why tin is now more scarce, just that it is prices still coordinate activity accordingly
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19 sats \ 0 replies \ @Undisciplined 31 Aug
No need, but nerds like us want to know
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