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Author Topic: monetary debasement  (Read 2761 times)

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Offline Pax Vobis

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Re: monetary debasement
« Reply #15 on: April 03, 2024, 06:39:39 PM »
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    The point I was trying to make is that as long as the price keeps going up it can and will be fractionalized. With Crypto ETFs, their market can and will be destabilized.
    AnthonyPadua's point still stands.  Fractionalizing a bitcoin doesn't destabilize it; the price just decreases by the fraction.  Stocks splits have been happening for a 100 years and this doesn't destabilize anything.
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    Offline AnthonyPadua

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    Re: monetary debasement
    « Reply #16 on: April 03, 2024, 07:59:53 PM »
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    • Quote from: Pax Vobis on April 03, 2024, 06:39:39 PM
    AnthonyPadua's point still stands.  Fractionalizing a bitcoin doesn't destabilize it; the price just decreases by the fraction.  Stocks splits have been happening for a 100 years and this doesn't destabilize anything.
    In this case bitcoins price wouldn't change because it can't be split more 1 bitcoin = 1 Bitcoin. However an etfs price could.
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    Offline Quo vadis Domine

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    Re: monetary debasement
    « Reply #17 on: April 03, 2024, 09:34:22 PM »
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    • Quote from: Pax Vobis on April 03, 2024, 06:39:39 PM
    AnthonyPadua's point still stands.  Fractionalizing a bitcoin doesn't destabilize it; the price just decreases by the fraction.  Stocks splits have been happening for a 100 years and this doesn't destabilize anything.

    I said that the ETFs cause the destabilization. 
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    For what doth it profit a man, if he gain the whole world, and suffer the loss of his own soul? Or what exchange shall a man give for his soul?

    Offline Geremia

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    Re: monetary debasement
    « Reply #18 on: April 05, 2024, 11:04:47 PM »
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    • Quote from: AnthonyPadua on March 16, 2024, 03:21:06 AM
    Btc follows stocks.
    Or the stocks follow bitcoin?
    But is there even a correlation?
    Value is relative.
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    Offline AnthonyPadua

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    Re: monetary debasement
    « Reply #19 on: April 05, 2024, 11:54:11 PM »
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    • Quote from: Geremia on April 05, 2024, 11:04:47 PM
    Or the stocks follow bitcoin?
    But is there even a correlation?
    Value is relative.
    Stocks move first. They are larger market, liquidity typically trickles down.
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    Offline Geremia

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    Re: monetary debasement
    « Reply #20 on: April 09, 2024, 11:25:31 PM »
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    • Quote from: AnthonyPadua on March 16, 2024, 03:21:06 AM
    Btc follows stocks.
    De Nicola, Giacomo. “On the Intraday Behavior of Bitcoin.” Ledger 6 (July 12, 2021).
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