this article is a mess
everything about this article is cancer. Even the good points it makes end up feeling slimy because of the brainwashed language/smug attitude
I fail to see how increasing the supply would stop centralisation. A single player could still corner the market if they tried. It wouldn't be in their interests to do this though seeing as people would likely just move to another network to be safe. ASIC resistance seems a better way to achieve decentralisation. A protocol that randomly changes the proof of work could be interesting. Probably already being done in some projects
congratulations, you discovered Fibonacci level retracements..
54% of Crypto Traders on Leading Global Exchange Are Retarded*
Jesus this blogger and comment section are pretty toxic. For those who are wondering if there was any update on this, Eric released the lecture on his youtube channel recently, and also Lex Fridman interviewed him on it and released the interview today https://www.youtube.com/watch?v=rIAZJNe7YtE
I found this interview far easier to follow in terms of him explaining what each dimension does and what the base components of his hidden variables are etc. Having watched many interviews with Eric on unrelated topics he is clearly very knowledgeable and a deep thinker. In my opinion at this level of depth in coming up with the basic rules of the universe, maths is just as useful or perhaps even more useful than physical training in terms of describing possible hidden variables and manifolds and all that stuff. I would also love to see someone simply write a simulation that simulates this stuff perfectly at a low level, since that simulation may very well perfectly describe the situation too
things that weren't mentioned: trading fees, and that while some strategies work well in some market phases, most of them fail in the long term
in other news today, the sky is blue and the grass is green
lol ok boomer. If you measure since December or January they're probably one of the best performing.. they were due to correct this much with or without coronavirus, because they gained way too easily recently.
I think you're thinking too short term here. Bitcoin was due a correction, coronavirus or not.
The dollar is quite possibly going to inflate with all the QE that will happen, and that will probably happen pretty rapidly if it does. On the other hand, we might be in for a deflationary period if people are scared to spend.