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102 sats \ 1 reply \ @Undisciplined 3h \ parent \ on: Fama: Bitcoin is Dead (Promarket/Capitalisn't) econ
Yes. I was saying no to the direction you thought the price would move.
Yes, he did. I described that in my little story.
You're getting hung up on something about Darth's counterparty and I'm not totally sure why. The person Darth buys from doesn't change his ask, so it isn't new demand. All that happens is Darth's increased supply of Forkcoin matches Darth's bid with that existing ask.
In my example, the only thing changing is that Darth is more willing to part with the Forkcoin he has than their previous owner was. Nobody else has any change of preference.
Yeah, I'm still have trouble with drawing a line around Dartg's side of the trade and acting like we don't have to account for the change in demand that occurred when his counterparty created his ask.
Either we must account for all possible demand levels at all times or we only may account for them at the time they are realized in a trade. We can't choose to account for changes in demand at one time and not another because both levels of demand are expressed in the same trade.
the only thing changing is that Darth is more willing to part with the Forkcoin he has than their previous owner was.
I disagree here. My read is that Darth's trading partner also had to be more willing to part with something than he previously was.
This is more or less where we were about ten iterations above. I will spend more time thinking about your answer there (#876535) and see if I cannot better explain my disagreement.
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