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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (170671)	4/18/2021 2:38:10 PM
From: sense	Read Replies (1) \| Respond to of 217619

What a missed opportunity... to expound on the relative advantages of funny money that's actually funny... which a proper analysis would reveal as... ??? The assumption that money has to be "serious" ? The error in assuming that "value" is both obvious and "immutable" in being "real"... is a mistake made only by those who didn't understand Graham and Dodd. Bankers, of course, want you to thnk of money as serious and important... as a part of justifying their role in controlling the perception of value... which otherwise might wander more than is convenient ? The reason that things of value are often greatly undervalued... is the same reason that things of no value are often greatly overvalued... People are mostly not very good at valuing things. And, they tend to be very impatient, and short term in focus... easily distracted by trends (fads), and easily dominated by herd instincts... while value disconnects, high or low, tend to operate in trends sustained over longer periods of time than most people find it useful to think about... And most people, including people in the industry... don't bother to think much about the nature of and sources of real value...or the impacts of errors made in things fundamental relative to the sources of value... focusing instead on "price" as a proxy... and "control" as a source of...an ability to exploit others errors... while always assuming that trends that exist... will always be sustained, without ever considering changes in the trends tied to "value" in the underlying. Stock scams... or central bank run gold price suppression schemes... have more in common with Graham and Dodd's understanding of value, even if the application is an knowing abuse or exploitation of others rather than simply focused on finding things that are undervalued and holding them while price corrects to "reality". The market can remain irrational longer than you can remain solvent... a correllary. A reason, again, that critics of gold deride it as "pet rocks"... when the reality is that "pet rocks" had very little reason to be considered valuable... but by pricing the joke at below resistance thresholds... a lot of money was made out of something with no intrisic value in the "rock"... but substantial value, like crypto, in the "virtual" component in getting the joke. Why do people collect Beanie Babies ? I guess it doesn't matter what you trasde, as long as the trend remains your friend ? Will museums compete to get access to your priceless beanie baby collection when your heirs finally decide to sell ? The point of the analysis isn't just to determine what's "real" in underlying value... but to understand why (and when) that "real" value you can find that others are ignoring... will be likely to "correct" to the underlying... generating vastly more upside potential than average... with vastly less than average risk... given the risk in the loss of value has already been realizaed... Long gold and silver... short fiat... only makes sense in a Graham and Dodd type value trade... at the point that long running errors imposed in valuation by "control" are likely to be corrected... which does little to impact the trading based on short term price variations... while manipulation cointinues. In valuing crypto... the question becomes one of... is the "underlying" improvement an economic enhancement of "money" in things people already do or should value in the features of money... or is it simply a replacement in a new proxy... substituting one form of "control" for new forms of "control" that are more "efficient"...it in no way being an advantage to grant more power to those seeking a monopoly in "control"... which only kills value ? The more money facilitates spying on you and controlling you... the less valuable it is... which doesn't alter the market reality in "price" is not "valuie" ? New forms of money that seek to help you avoid others interest in imposing "control"... have real value only in the degree they are able to succeed in that effort to insulate you from others efforts to control you ? But, in an age of deceit, you should expect the advertisment in the advantage to be a lie ? Buyer beware... as the ongoing bait and switch is pretty obvious.... How much of the "value" in any thing... is a function of the ability to impose "control" through it ? in an age when banks mainpulate evertything through "control", overtly, or through frauds in derivatives ? Which is likely to last longer... gold... or a monetary system based in fraud... that independent of the issues in fraud... appears it has also reached natural limits in its ability to sustain the fiction that debt is money... so that having more debt is "the same thing" as having more money ? Except that "money" you own... doesn't have to be paid back ? Undervaluation imposed by price suppression... as a separate source enabling preservation of value in owning already realized risks... is probably not what most people think about when they consider gold ?

To: Julius Wong who wrote (170671)	4/19/2021 7:11:23 AM
From: Julius Wong	Read Replies (1) \| Respond to of 217619

Why Is Dogecoin Skyrocketing But Bitcoin, Ethereum Are Tanking? eToro is offering you $250 when you make your first $5K trade in any crypto!* Read our eToro review now. Availaible to US residents from open states, served by eToro USA LLC. Bitcoin* (BTC) has sunk $7,066 from its Friday highs — about 11% over the weekend — and traded significantly below the $60,000 levels at press time late Sunday. Meanwhile, Dogecoin (DOGE) and several other cryptos are continuing to shoot up. What Happened: The apex cryptocurrency traded 7.13% lower at $56,528.65 at press time. BTC has fallen 6% over a seven-day trailing period. Some other cryptocurrencies including DOGE did not follow BTC’s lead and were seen trading in the green at press time. DOGE was up 6.76% at $0.31. Neo (NEO) soared 31.29% at $125.44 and Solana (SOL) shot up 27.06% to $32.16. Ethereum (ETH) is largely mirroring BTC’s decline and has fallen 11.6% since its Friday highs. As of press time, the second-largest cryptocurrency by market cap traded 4.57% lower at $2,252.33 in a 24-hour period. Last week, both BTC and ETH hit their all-time highs. BTC and ETC traded 12.52% and 11.55% below those levels at press time. The mean reason for the decline of BTC over the weekend was a power outage in China’s Xinjiang region where a large portion of the world’s BTC is mined, as per Reuters. Why It Matters: People “may have sold on the news of the power outage in China and not the impact it actually had on the network,” said Luke Sully, CEO of Ledgermatic, a digital asset treasury specialist. Analyst Willy Woo noted on Twitter that the price and hash rate of BTC have a strong correlation. Price and hash rate has always been correlated. This is BTC price vs today's hash rate collapse (from the Xinjiang blackout). pic.twitter.com/mywEZLHlA0 — Willy Woo (@woonomic) April 18, 2021 Rumors of regulators in the United States charging unnamed financial institutions with cryptocurrency-related money laundering was another precipitating factor in BTC’s weekend fall, Cointelegraph reported. Meanwhile, the funding rate — a measure of longs or buyers in the market — fell to its lowest since September 2020, which is an indicator of fear in the market, Cointelegraph reported separately. A mix of fear, new investors with weak nerves, and rumors led to the decline in BTC but this left DOGE unaffected, according to CoinDesk. DOGE hit an all-time high of $0.437 on Friday and has been on the upswing since it crossed the psychologically important 10 cent mark last week receiving a boost from social media. The cryptocurrency is on a run buoyed both by the "Doge Army" and Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk. DOGE, SOL, and NEO have maintained the social momentum and occupied high places in the Stocktwits list of top ten trading tickers at press time. benzinga.com