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DoomPosting
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Degens Deteriorating
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How the market feels after the first REAL ~-38% pullback of the bull cycle

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How big was $SOL’s 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 Bitcoin’s volatility vs market cap over time

— And then apply that to other coins like $SOL, to see what it’s expected drawdown should be now, for each of these mini-pullbacks

Will do that sometime, to see how well that works)

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Forwarded from DoomPosting
Cumulative mean of Bitcoin Volatility since July 1, 2011

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Ethereum & its ecosystem been making devs lives absolute hell for YEARS

Classic commie-infested incompetence

Total disregard for product quality

And now that it’s 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 Ecosystem’s 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 — because they’re merit-hating commies

DEPORT

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DoomPosting
Probability-based arguments = Nearly always lies — but not because of the part you see, which tends to be true, but rather due to the parts you don’t see, hidden assumptions that are lies, which make the whole thing bad overall Correct, that “Probability…
And…

Left prefers probability-based arguments

Right prefers value-based arguments

“But bro we only wrongly blocked 0.3% of sites”

Bro, those 0.3% of sites are where 90% of your traffic is going

= horrible value-wise

“But we only increased the foreigners by 1%”

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

Can’t convince me otherwise

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JUST IN: 🇯🇵 Metaplanet stock price hits 8-year high

Bitcoin effect

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