I don’t think that definition is right and even if it is fuck the academics who quote it it isn’t a useful definition.
If a printing press breaks for an hour, does venazelua stop being in hyperinflation for that hour? Or hell is it only in hyperinflation for a plancks time when a new press is started?
[Grand thread reopening]
Tromps agrument is vs the Bitcoin maximumist postion, and far too far In the future for me.
Here and now we are dealing with the raw blunt force of the starting a currency catch22, either it has no value or it’s brutally unfair you made it appear out of nowhere.
Bitcoin took years to be worth a fraction of a penny.
It’s an extremely useful definition.
While I’m all for ignoring the bog standard advice, if everyone else could avoid catching the falling knifes so I could when I’m good and ready, well that would be grand. Stop the buying, until I say the magic words “I bought in” then you guys can start buying again, k fams? k glad we had this talk
Loving the price action and the not so boring market. I found that 3 dollar flash sale a day ago, .00081000 how sweet. Continuing on a serious shopping spree now up to 12.00 Grin. Spring cleaning all my old coinz for sexy onez. 
@grin1 don’t catch falling knifes unless you really really think about why that advice is common place that even I a risk seeking gambler who waves off diversification advice repeats it and why your sweet summer child hands may get some ugly scars.
I don’t know what your talking about, nothing is falling and there is no mayhem,
I’m seeing green, the price is pumping and I hear angels signing.
Your doom is un-contagious today monkyyy,
I can perk you up by saying something ignorant on here so you can have fun at my expense, ok?
Doom, perk up?
I havn’t bought in yet, a number without emotional content isn’t affecting me emotionally; I’m waiting for a low with far far more gloom.
A new all-time price low, I think: 0.00081 BTC/grin.
EDIT: now lower.
Hmmm a bounce off the all time low, of the 3.09 set 3 days ago
There had not been enough wild speculation in my opinion, go go go.
What math have poeple done? I would be interested in the market growth*price by day if someone is keeping track
Trading volume seems to be following market cap. to date, so the latter vs. time can give an idea of the trajectory. It may not be much use trying to fit it accurately yet given volatility especially close to launch - red line is a polynomial fit of order 4 - but there is an obvious upward trend - linear fit with correlation coefficient of 0.72. The overall trend seems to have plateaued recently:
Price fell by a factor of 4 but the market cap went up hmmmm, while the market is staying on the upper end of my “doom”. Srsly poeple stop catching falling knifes, I want to buy in but I’m not doing it before it’s sane.
If a knife falls in a forest, but everyone catches it, does it make a sound?
The screams of bloodied hands failing to grip the knife before it bounces to someone else is a growing chorus not merely a sound
Can anyone think of a reason to trust hobit volume numbers? They seem off to me, far to smooth and why would such a large chunk of the market be grin/eth?
Don’ trust in crypto - that’s the very purpose of it.
?
Volume numbers would be both one of the hardest to make trustless and the most useless to do so.
There is a limit to value of even the most cherished cultural artifacts.
The graphs feel wrong and it’s the only data we have is based on trust, so I want to know other poeples take. If magiclly volume was trustless my problem would be solved, sure but this is a major edge case and failure is cheap as my buy in may be shifted by a day or so which is a very hard to define cost.
new low, and would you look at that 2-3$ 2 weeks from 2 weeks ago
I don’t think Hotbit’s volume is legitimate.
