Crypto currency (IF banned from CA)

[DuuuncanHadaPigeon]

Every time it dies down a bit on here Legs just casually pops up with a truckload of butane for the fire.

We’re all just messing about but she proper hates crypto goths doesn’t she?

hex.com users unaffected sir

 

[LinekersLegs]

 

[YoboCopter]

The people who talk about crypto most are the ones who dont own any

Strange world

 

[DuuuncanHadaPigeon]

The people who talk about crypto most are the ones who dont own any

Strange world

They say it is all a scam yet are afraid to short it. Strange.

 

[LinekersLegs]

The people who talk about crypto most are the ones who dont own any

Strange world

I don’t play football yet I watch and talk about it quite a bit. I find crypto a fascinating spectator sport.

They say it is all a scam yet are afraid to short it. Strange.

In the 1930s, economist John Maynard Keynes noted, "Markets can stay irrational longer than you can stay solvent."

 

[SerenityNigh]

Say the spot BTC price, if there is $1 million buy pressure but only $500,000 sell pressure the price goes up

I think you are conflating actual things with nonsense. Here is a brief reply that is unlikely to help.

1. In every transaction there is an equal amount of buyers and sellers.

2. In some transactions there is excessive demand, which can cause prices to rise. Likewise insufficient demand may cause prices to drop. The same is true with supply except the price action is reversed.

3. Do not confuse demand with buyers and supply with sellers; that’s like suggesting all girls are moms and all boys are dads.

 

[SerenityNigh]

They say it is all a scam yet are afraid to short it. Strange.

There is a huge difference between a good product and a good trade, and a lot of smart people have made a lot of smart money on tripe when there are others involved.

 

[DuuuncanHadaPigeon]

I think you are conflating actual things with nonsense. Here is a brief reply that is unlikely to help.

1. In every transaction there is an equal amount of buyers and sellers.

2. In some transactions there is excessive demand, which can cause prices to rise. Likewise insufficient demand may cause prices to drop. The same is true with supply except the price action is reversed.

3. Do not confuse demand with buyers and supply with sellers; that’s like suggesting all girls are moms and all boys are dads.

I'll be honest I am approaching this from a DEX point of view, so what you say I'm sure is true for traditional markets and on that I will hold my hand up and say I'm wrong.

But on a Dex, using an automated market maker, I can buy an asset without requiring a seller on the other side of the trade.

The algorithm will adjust the price based on the liquidity of the pairs in the pool

More buy pressure price goes up, more sell pressure price goes down.

How Uniswap works | Uniswap

Uniswap is an automated liquidity protocol powered by a constant product formula

docs.uniswap.org

 

[DuuuncanHadaPigeon]

I don’t play football yet I watch and talk about it quite a bit. I find crypto a fascinating spectator sport.

In the 1930s, economist John Maynard Keynes noted, "Markets can stay irrational longer than you can stay solvent."

Fair I only say it in jest really

 

[LinekersLegs]

 

[LinekersLegs]

Fair I only say it in jest really

Believe me I have thought about shorting , especially something like Doge!

 

[DuuuncanHadaPigeon]

Believe me I have thought about shorting , especially something like Doge!

Me too! I don't trade though don't want to get rekt haha

 

[YoboCopter]

Laugh all you want but ill struggle to hear it from my villa in spain

 

[Moomin]

Laugh all you want but ill struggle to hear it from my villa in spain

You going to marry David Villa?

 

[chicoazul]

Anyone who has ever bought crypto of any kind has supported human trafficking and very bad things to young humans.