bitcoinislove

[bitcoinislove @BTCristiian]

@Cryptoking @josefrakich Doesnt matter why waste time thinking about that when kids getting rich by NOT thinking. Same TA follow the herd

[Spidahhandz.eth🔺 @Spidahhandz]

Decided to do some statistical analysis for the $COQ flock.

Since $COQs inception (90ish days ago) it has a correlation coefficient of 0.893 compared with the price of BTC (this is actually more correlated to the price of BTC than the price of AVAX which I also analyzed (0.85 correlation coefficient)).

What does that mean?
🔺At ~0.9, it’s considered a very strong positive correlation, so as $BTCs price goes up, $COQ price is highly likely to follow considering all things equal (barring anything like listings, hot news or other anomaly events)

The next question is, well if it’s correlated, then by how much can we expect price to go up or down with BTC?
🔺I’ll spare you the details of economic elasticity when comparing prices and demand but for every 1% drop in BTC we would expect to see a 3-6% drop in $COQ (BTC up 3%? $COQ most likely would be up 12-20%. The inverse is also true). Once again this is on average and analyzed over 90 days. You will see daily price fluctuation in some cases differ by more or less but on a weekly average this holds true.

Long story short, sit back and relax. $COQ is not outside of the typical volatility we see at a macro level. Onward and upward.

[bitcoinislove @BTCristiian]

@MrThanh358240 @atradezcrypto Time to average down u still have so much time on that and its not that far otm

[bitcoinislove @BTCristiian]

@DeFiConnoisseur @KoroushAK Market cap too high already unlikely to see great returns

[bitcoinislove @BTCristiian]

@JanG198989 @KoroushAK U know u can just say “buy this shitcoin” without trying to jerk everyone with ur shilling

[Rekt Capital @rektcapital]

#BTC

In 4 days, Bitcoin will officially enter the "Danger Zone" (orange) where historical Pre-Halving Retraces have begun

Historically, Bitcoin has performed Pre-Halving Retraces 14-28 days before the Halving

In 2020, this retrace was -20% deep

In 2016, this retrace was -40% deep

Currently, $BTC is 32 days away from the Halving and has pulled back -11% this week

#Crypto #Bitcoin

[PassiveAggressiveIncome @indexnforgetit]

Here's the best tool for analyzing real estate deals:

https://t.co/wK5ZpEWzgF

[Ben Kelly @benkellyone]

I bought a business for $50k that makes $50k/month.

(That's a 1,200% annual ROI)

I used 10 steps to get this deal done and put them ALL in one document.

- Like this post
- Comment "50k"

And I'll DM you the link.

(Must follow, 24 hours only).

[Cori Arnold @iamcoriarnold]

I was a bank lender for years. I saw every mistake you can make with your money.

Here are the 7 biggest money mistakes to avoid if you want to be wealthy:

[Brennan Schlagbaum, CPA @Budgetdog_]

Them:

"I'll just make more money"

Also Them:

$35 Postmates
$700 Car Payment
$3,200 Rent Payment
$1,200 Food & Entertainment

The only way to truly get ahead in this economy is this simple formula...

[Andrew Lokenauth @FluentInFinance]

You can use ChatGPT in Microsoft Excel or Google Sheets.

No more memorizing formulas or functions.

Here's how you do it:

[bitcoinislove @BTCristiian]

@EvasTeslaSPlaid Tesla leaps it’s time

[Timothy Peterson @nsquaredvalue]

#Bitcoin $MARA

possible explanations:
.MARA is underpriced
.BTC is overpriced
.Investors flee miners for ETF
.MARA is being shorted/suppressed
.Operation Chokepoint 2.0 applied to miners
.BTC/MARA relationship was false to begin with
.Company-specific issues to MARA
???

[bitcoinislove @BTCristiian]

@fiatpebbles @EvasTeslaSPlaid @Tesla Fugazzi

[bitcoinislove @BTCristiian]

@EvasTeslaSPlaid @Tesla Time for leaps!!! Any day this thing about to blow past 200 again.

[bitcoinislove @BTCristiian]

@DailyLoud Throw the winnings into BTC!

[Fred Krueger @dotkrueger]

Let me put words in Giovani's mouth as to why S2F is nonsensical.

First, of all, the price of an asset is not logically dependent on it's Stock to Flow. Yes, Bitcoin is scarce. But so are 1967 versions of the board game "Monopoly".

This does not mean that every Parker Brothers Boomer family is now a millionaire.

The "correlation" of S2F with Bitcoin prices is accidental. Bitcoin's S2F is a monotonic function of time. And Bitcoin is a power law with time. So, ergo it's correlated with S2F.

But it's also correlated with the the growth of wolves in Yellowstone park over the last 15 years. Does. Not. Mean. Anything.

Saifdean may be a great thinker, but he's a lousy mathematician. Saying the S2F is as likely to be wrong as "guessing a private key" is just completely, utterly incorrect.

In conclusion, Bitcoin Price is growing like a Power Law because its a better form of money, which includes scarcity as an attribute. It also includes security, auditability and peer-peer transport. It's not "just scarcity".

Not engagement farming. Just setting the record straight.

[Bitcoin Fear and Greed Index @BitcoinFear]

Bitcoin Fear and Greed Index is 90 - Extreme Greed
Current price: $68,330

[Elon Musk @elonmusk]

The sheer insanity of that actual response from Google’s AI is staggering! They will fix it to be less obvious in the future, but the bias will still be in there.

AI mirrors the mistakes of its creators.

When people wonder how things might go wrong if AI controlled the world, this example clearly illustrates the point.

The best approach to AI safety – in my opinion, the only approach that would work – is to be maximally truth-seeking.

Honesty is the best policy.

[bitcoinislove @BTCristiian]

@caprioleio S2f