# The Rise and Fall in Bitcoin Value **URL:** \ **Category:** Out Of Pod Experience\ **Created:** [January 18, 2022, 1:41pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290 "2022-01-18T13:41:44Z")\ **Posts on this page:** 20\ **Page:** 22
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 5, 2022, 9:07pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/421 "2022-05-05T21:07:32Z")
Africa is abused by the EU trade agreements also because they write them to favour raw materials and not end products (that would benefit the seller the most with a higher profit margin). Basically Africa is seen as a raw material source, not a trade of products and abused as such. ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 8, 2022, 9:32pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/422 "2022-05-08T21:32:48Z")
Here is a similar chart this time using the Nasdaq 100 and commodity index ratio. ![image](https://global.discourse-cdn.com/eveonline/original/4X/b/6/f/b6fe08e1f1c8358cb08099ff92e9c0412ea68db3.png) Figure 1: SPGSCI/NDX ratio and Nasdaq 100. Not sure I would want to be hodling equities longer than necessary. AMZN (Amazon) are prepping to split their stock to dump onto retail bagholders. Agenda 2030 is being accellerated, that means push more into renting and reusing. That means increasing your burden on disposal and use costs and/or making renting more economically viable than owning by pricing goods higher. When you hear the term “circular” or “shared” economy, that doesn’t mean sharing profits and freedoms. They’re coming after YOU, you’re seen as property to them. Surveillance will be under your skin, they want to treat you like you treat your pet (remember that chip tag you implanted into your pet, now it’s your turn). ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [May 9, 2022, 2:45pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/423 "2022-05-09T14:45:46Z")
Bitcoin value is dropping at the moment, I think it’s due to investors moving their money into less riskier things as many countries raise interest rates. ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 9, 2022, 2:49pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/424 "2022-05-09T14:49:54Z")
> [@Aaron](#): > > investors moving their money into less riskier things Move it into dry cash, should be safe there, at least for a little while 😏 Gold is the _proven_ multi-generational store of wealth. ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 9, 2022, 3:29pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/425 "2022-05-09T15:29:37Z")
For those that like the Buffett indicator, that is, the market cap w.r.t GDP ratio. Using FRED time series data, it bounced off 200%. ![image](https://global.discourse-cdn.com/eveonline/original/4X/0/c/5/0c54221220e8651afc3f904d8d88a36238bd6993.png) Figure 1: Buffett metric You can see here the pivot into commodities began just before the peak on the Buffett metric. ![image](https://global.discourse-cdn.com/eveonline/original/4X/f/f/3/ff3b9e0d5f446a2365c46602849de8cdc7eda993.png) Figure 2: SPGSCI/SPX ratio and Buffett metric Still want to hodl equities? Get popcorn for the deep blood red board for days and weeks and months televised. ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [May 9, 2022, 4:18pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/426 "2022-05-09T16:18:38Z")
I already bought a little today. -50% from ATH is a nice discount, I’m not greedy. Will buy some more in regular intervals if it goes lower or stays at that levels. ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 9, 2022, 4:21pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/427 "2022-05-09T16:21:17Z")
Not interested in shares in CCP then? ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [May 9, 2022, 4:23pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/428 "2022-05-09T16:23:51Z")
No, I think that’s a Ponzi scheme, no fundamentals. ---
**Author:** ![Nana\_Skalski](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/nana_skalski/32/489985_2.png) [@Nana\_Skalski](https://forums.eveonline.com/u/Nana_Skalski)\ **Post date:** [May 9, 2022, 5:00pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/429 "2022-05-09T17:00:09Z")
Ok, who tweeted this time? ---
**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\ **Post date:** [May 9, 2022, 5:16pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/430 "2022-05-09T17:16:01Z")
No one, the whole stock market is crashing ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [May 9, 2022, 11:33pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/431 "2022-05-09T23:33:05Z")
I think we’re about to have another recession, everything is tightening up and no one is looking to take any risk, People will cut back on anything leisurely or luxury and plenty of jobs will be lost starting with retail workers. You know the drill. I’m still surprised BTC is holding on at around £25k it is still a good value based on what’s going on in the world right now. ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 10, 2022, 6:44am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/432 "2022-05-10T06:44:17Z")
> [@Aaron](#): > > plenty of jobs will be lost starting with retail workers The plan is to decimate any economic activity that requires human interaction. That is clear from WEF’s version of _Ernst Stavro Blofeld_ and if you read his books and listen to his _freudian slips_ (he made a slip and nearly blurted out the word “survival” as the reason then switched it for “fourth industrial revolution” and other items of note from history, it’s going to get much worse if you expect it to remain the _status quo_. There’s something much larger at play. Remember the video when a US senator asked something like “what is a much higher authority than the congress” and the response was “I can answer that but it has to be in a closed session”, thus keeping it from the public. Aaaand Hollywood being used again for propaganda (waiting for confirmation of their plan from The Simpsons)… [https://twitter.com/TPostMillennial/status/1523388693544796162](https://twitter.com/TPostMillennial/status/1523388693544796162) ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 10, 2022, 7:04am UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/433 "2022-05-10T07:04:46Z")
![image](https://global.discourse-cdn.com/eveonline/original/4X/6/e/8/6e8169c1ed23925f913e378ec4f7d9a549a603c6.jpeg) ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 10, 2022, 2:06pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/434 "2022-05-10T14:06:39Z")
Looks good, commence the stock split and dump to retail bags ![image](https://global.discourse-cdn.com/eveonline/original/4X/8/d/c/8dc08036a3f5c990813649f5c4ab9f7c2e0ee03d.png) Figure 1: AMZN monthly data points on log scale You can almost hear the bulkheads twisting, buckling and breaking… like the RMS OLYMPIC sinking (yes not the Titanic). ![](https://global.discourse-cdn.com/eveonline/original/3X/3/a/3aa80ec8346f46ab307359aff7c1350837751044.gif) ![](https://global.discourse-cdn.com/eveonline/original/4X/e/5/f/e5f4c5ba6cf6c8fbb215c9771b4a6fe5a2cd464c.gif) Remember, AMZN pays no dividend, no rewards for hodling. ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [May 11, 2022, 3:09pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/435 "2022-05-11T15:09:03Z")
> [@Emotional\_Support\_Clown](#): > > The plan is to decimate any economic activity that requires human interaction. We can’t blame the government or 1% or whoever it is operating in the shadows for everything, at some point we will have to take some responsibility. The introduction of debit cards was presented to us a while ago and we lapped it up and found shopping was easier as we didn’t have to bother carrying cash, this suited retailers as the bank could guarantee the money. A benefit of this is that there would be less robberies because there is no cash onsite just debit card payment receipts. It’s similar with home shopping, one can submit an order to a retailer online and have it delivered, Yes it has impacted the retail shop badly but it has also secured lots of delivery jobs. I still like to attend shops when I’m buying things but if I know what I’m buying (like GPU’s for my mining op) then the order will be online. It is people power that raise celebrities to where they are because we choose to purchase and subscribe. So it is important not to confuse people power with the people who work in the shadows, ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 11, 2022, 3:11pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/436 "2022-05-11T15:11:48Z")
> [@Aaron](#): > > We can’t blame the government or 1% or whoever it is operating in the shadows for everything, at some point we will have to take some responsibility. So basically stop _acquiescing_ to the dictats in power. Can’t ignore the WEF’s and oligarch’s influence now, it’s in our faces openly. ---
**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\ **Post date:** [May 11, 2022, 5:59pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/437 "2022-05-11T17:59:52Z")
Either acquiesce or lose everything and live in a tent. We are all still free to choose. Except the people who have already lost everything. Although I suppose they could still choose to acquiesce. ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 11, 2022, 6:01pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/438 "2022-05-11T18:01:32Z")
> [@Xeux](#): > > We are all still free to choose. Not the past couple of years we weren’t. Which planet were you on? We still aren’t, capitulation under duress is not choosing. ---
**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\ **Post date:** [May 11, 2022, 6:08pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/439 "2022-05-11T18:08:39Z")
You will rent your athanor from Goonswarm and you will be happy. ---
**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\ **Post date:** [May 11, 2022, 6:10pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/440 "2022-05-11T18:10:43Z")
Best way to not lose anything, have nothing in the first place… oh wait, that’s what they want. Doh! ![](https://global.discourse-cdn.com/eveonline/original/4X/1/8/0/180136ef4bcc00139256509611b93675232865ed.gif) [Previous page](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290.md?page=21) [Next page](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290.md?page=23)