I don’t see BTC as liquidity absorbing, as an alternative a flat medium.
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Jtbobwaysf talk 03:09, 13 September 2019 UTC I can update the plots. The plots shortly end in 2016. In 2017, there were two bitcoin splits. As far as the coping with of these events in plots is involved, the splits were analogical to stock splits. For stock splits or dividends, the Center for Research in Security Prices CRSP recommends to use split adjusted prices in plots. See also this description of changes made to prices in cases paying homage to cash dividends, stock dividends, stock splits, reverse stock splits, spinoffs, mergers, acquisitions or buybacks.
I was looking forward to it to reach mainstream media consideration, when reviews can be mechanically lined on the nightly news shows and morning news courses, when Law and Order: SVU did a show a few sex trafficking ring being supported by Bitcoin, when some up and coming hip hop celeb had a huge hit about his Bitcoin stash, talking about how some hot shawty wanted to stroke his loins when she found out about his Bitcoin, and most tellingly, when some late night infomercials popped up performing average Joes how to find rich in the cryptocurrency markets. Then I expected all hell to interrupt loose. In the past year I’d stumble upon dozens of those nasty postings by bit coin lovers and every one of them was antagonistic and obnoxious. Not a single one of them ever introduced a good half way most economical argument for the value and greatness of bitcoin. I kept asking these trolls: If Bitcoin’s value is described by fiat currency — what's going to define its value if almost all these “out of date” fiat currencies go by the wayside?You’re too stupid to get the genius of bitcoin. ” Or anything commonly along those lines.
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3/11/2020 by Admin (03:37:33 PM)Other than the cryptocurrency propaganda press, there is very little help for the POV that bitcoin is the finest thing since sliced bread, and even that it is a legitimate economic tool.
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