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pleblee | 8 months ago (raw) | root | parent | reply | flag +4 
 I fail to understand this one, despite seeing it in the newsletter every other week.

lhs is logarithmic
rhs is linear

Seems like a flawed comparison, but I don't really grok most of the macro stuff anyway
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LynAlden | 8 months ago (raw) | root | parent | reply | flag +13 
 Bitcoin is on an exponential structural tech/adoption trend, but the cyclical direction of that trend is highly correlated with global liquidity.
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omgbiscuits | 8 months ago (raw) | root | parent | reply | flag +1 
 Is that correlation more about sentiment than actual monetary value (as the bitcoin axis is exponential)? As there’s more liquidity, people become more comfortable with storing value in the network, perhaps?
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steven8rown 👊 | 8 months ago (raw) | root | parent | reply | flag +1 
 I thought the correction was linked to the options market and getting rid of some of the built up leverage.
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334 | 8 months ago (raw) | root | parent | reply | flag +1 
 May be why 2021 looks like volcano with caldera since it blew its leveraged top off ;)
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steven8rown 👊 | 8 months ago (raw) | root | parent | reply | flag +1 
 Maybe my friend. I'm learning to just hold all the way through now.

Stay #nostr 💜
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Bwok | 8 months ago (raw) | root | parent | reply | flag 
 Would be more useful if both were on the same scale (log) or standardized scores for a single y-axis
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∇ Gradient Descent | 8 months ago (raw) | root | parent | reply | flag +1 
 Correlation doesn't mean 1:1 linear relation.

An observation can be "everytime that A goes up, B follows" and vice versa - even if scales are completely different.

Correlation also doesn't mean causation. It's an observation that Lyn presents here.
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frphank | 8 months ago (raw) | root | parent | reply | flag 
 Aren't you thinking a bit too much. Why not accept things the way they are it's the best for you.