How big was $SOLβs most recent drawdown, from ATH to subsequent low?
= ((271.92 - 176.01) / 271.92) * 100
= -35%
Another drop coming, to drop it to -38%?
Or was that the local bottom for now?
(In theory should be able to make an expected-max-drawdown-percent versus market cap calculation, based on Bitcoinβs volatility vs market cap over time
β And then apply that to other coins like $SOL, to see what itβs expected drawdown should be now, for each of these mini-pullbacks
Will do that sometime, to see how well that works)
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
= ((271.92 - 176.01) / 271.92) * 100
= -35%
Another drop coming, to drop it to -38%?
Or was that the local bottom for now?
(In theory should be able to make an expected-max-drawdown-percent versus market cap calculation, based on Bitcoinβs volatility vs market cap over time
β And then apply that to other coins like $SOL, to see what itβs expected drawdown should be now, for each of these mini-pullbacks
Will do that sometime, to see how well that works)
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
π2
Forwarded from DoomPosting
Cumulative mean of Bitcoin Volatility since July 1, 2011
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
π2
Ethereum & its ecosystem been making devs lives absolute hell for YEARS
Classic commie-infested incompetence
Total disregard for product quality
And now that itβs finally reached a breaking point, commie sympathizers will come out of the woodwork to cover for them
NO
All the non-devs and commie sympathizers that are covering for the Ethereum Ecosystemβs horrible disregard for quality can get f&^cked
Ethereum had this a long time coming, and they deserve every bit of it and more
Time for the industry to eject those who easily could fix their severe quality problems, with the millions or billions they have, but choose not to β because theyβre merit-hating commies
DEPORT
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
Classic commie-infested incompetence
Total disregard for product quality
And now that itβs finally reached a breaking point, commie sympathizers will come out of the woodwork to cover for them
NO
All the non-devs and commie sympathizers that are covering for the Ethereum Ecosystemβs horrible disregard for quality can get f&^cked
Ethereum had this a long time coming, and they deserve every bit of it and more
Time for the industry to eject those who easily could fix their severe quality problems, with the millions or billions they have, but choose not to β because theyβre merit-hating commies
DEPORT
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
π―6
DoomPosting
Probability-based arguments = Nearly always lies β but not because of the part you see, which tends to be true, but rather due to the parts you donβt see, hidden assumptions that are lies, which make the whole thing bad overall Correct, that βProbabilityβ¦
Andβ¦
Left prefers probability-based arguments
Right prefers value-based arguments
βBut bro we only wrongly blocked 0.3% of sitesβ
Bro, those 0.3% of sites are where 90% of your traffic is going
= horrible value-wise
βBut we only increased the foreigners by 1%β
Bro, those 1% are largely severe career criminals, emptied from the prisons of other countries, and are now comitting 90% of the violent crime
= horrible, value-wise
Probability-centric arguments are for lefties
Value-centric arguments are for the right
Canβt convince me otherwise
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
Left prefers probability-based arguments
Right prefers value-based arguments
βBut bro we only wrongly blocked 0.3% of sitesβ
Bro, those 0.3% of sites are where 90% of your traffic is going
= horrible value-wise
βBut we only increased the foreigners by 1%β
Bro, those 1% are largely severe career criminals, emptied from the prisons of other countries, and are now comitting 90% of the violent crime
= horrible, value-wise
Probability-centric arguments are for lefties
Value-centric arguments are for the right
Canβt convince me otherwise
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
π―7
JUST IN: π―π΅ Metaplanet stock price hits 8-year high
Bitcoin effect
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
Bitcoin effect
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
π₯4π3π―2