Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Well, the price being 252$, it means that everybody who who owns bitcoin thinks that they are worth more than 245$; but, on the other hand, everybody in the world who has some money to spare thinks that 1 BTC is not worth 255$.
You really are not much of an economist, are you ?
How does such an oversimplifying way to look at economic choice even go together with your ability to solve abstract mathematical problems?Okay. To name just one objection to such an incredibly naive model of the market:
Misrepresentation of your actual valuation for strategic purposes.
Similar to the misrepresentation, "tactical voting", in voting theory: sometimes it is individually rational for an actor not to cast a vote according to his sincere preference.
Are we sure that this is the real Jorge Stolfi? Maybe the real Jorge Stolfi is a reasoned and thoughtful person who knows what he's talking about. Maybe we are contributing to damaging his good name and reputation by arguing with this imposter. Brazil can't be that desperate.
I've been in contact with the actual Jorge Stolfi--he himself disavows any knowledge of the imposter here who spends his days arguing with kids about Bitcoin, and whose posts coincidentally occur near the end of "troll waves" where all the trolls and their sock puppets quote each other to reinforce a point.
There is a real Jorge Stolfi
