vx5ma5NCCk2GPrzpZ

vx5ma5NCCk2GPrzpZ Updated 

Monetary base is now at 18T. The FED just modified about a year of historical data to reflect something new. Bitcoin will be the new reserve currency. Thoughts?

vx5ma5NCCk2GPrzpZ Updated 

The FED just updated their series and MODIFIED the past year of data to reflect an 18 trllion monetary base. I'd like to know why their data was only showing 6 trillion until today. Maybe it's a bug? Maybe it's real? Who even knows anymore. Cash = trash Money velocity in orange, base supply in blue. Here's the source of series: fred.stlouisfed.org

vx5ma5NCCk2GPrzpZ Updated 

In M1 terms, SPX has not grown

vx5ma5NCCk2GPrzpZ

I did my best to draw a *rational* regression trend of DJI adjusted for inflation. Does not signify future inflation or future price of DJI, but rather is meant to signify value in 1970 dollar terms. Not investment advice. Thoughts?

vx5ma5NCCk2GPrzpZ

In M1 inflation terms, it hasn't even touched the ATH yet. In fact, it hasn't even matched the 11k suckers' rally of last year. If Bitcoin is in fact an inflation hedge, the run up in price is a sign of strength(2020) rather than exhaustion(2018).

vx5ma5NCCk2GPrzpZ

Triple bottom bounce incoming? Money printer go brrr. Green = inflation adjusted (negated from price, representing a lower price) Orange = actual market price Of course I didn't take LTC inflation into account. Is it useful? You be the judge.

vx5ma5NCCk2GPrzpZ Updated 

How do you judge the value of something when it's basically fueled by confetti?

vx5ma5NCCk2GPrzpZ

All prices converged to 100. Downside: It doesn't take the supply of the assets into account (if only those were TV symbols), but oh well.

vx5ma5NCCk2GPrzpZ

Long

vx5ma5NCCk2GPrzpZ Updated 

At this price panic buying is less risky than not buying.

vx5ma5NCCk2GPrzpZ Updated 

I saw a similar idea by Davidmjr where the latest price sample is adjusted to the realtime spot price, so I decided to add more markets adjusted to their spot prices. Cheers!

vx5ma5NCCk2GPrzpZ

Self explanatory. Yellow = price is nearing long-term averages, reversal test. Red = bearish confirmation of price. Green = bullish confirmation of price. Altcoin total cap(brown) is also not bearish.

vx5ma5NCCk2GPrzpZ

People often say that price speaks for itself, but when you rationalize value from the standpoint that prices are diluted by a central mechanism, price suddenly doesn't speak for itself. I don't think the price increase is rational in any sense beyond the view of a herd mentality, and I certainly think the view in which this dilution has skewed the image of price...

vx5ma5NCCk2GPrzpZ

Yellow = irrational buying, green = rational buying. Easy.

vx5ma5NCCk2GPrzpZ

Subjugated starving markets vs anti-QE, all in a nice chart.

vx5ma5NCCk2GPrzpZ Updated 

We broke down to the previous 4 wave, but now we need a test of B before there is much more sell pressure.

vx5ma5NCCk2GPrzpZ

We need to go up to go down. We need emotional traders back in the game.

vx5ma5NCCk2GPrzpZ

Wow, look at these lines!