billymg[asciilifeform]: https://x.com/100trillionUSD/status/1838624330176922033 << so far so good
asciilifeform: 'new 0 day' perhaps notfar, lol
PeterL[asciilifeform]: to the moon?
asciilifeform: prolly not, per the heathens, waterfall being refilled with gox (yes) coinz atm
asciilifeform: coupla $b worth
PeterL[asciilifeform]: could hit 100k before they start dumping
asciilifeform regards 'who's selling' as a nonmystery, but has deeply nfi who's buying
PeterL[asciilifeform]: question is, is this actually adding a 0 to btc value, or is it just catching up with crazy inflation of past few years?
asciilifeform: + for that matter just how much actual buying & selling taking place, vs. simply goxes posting rng #s
asciilifeform: PeterL: depending on how measured, would need 200-300 to 'catch up to inflation' from past 4y
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 )
PeterL[asciilifeform]: would be better shelter if didn't +/- 20% randomly even when not moving
asciilifeform: all the other 'shelters' behave quite similarly ('stonks' etc) so not unique to btc, is artifact of leveraged idiocy