Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
realr0ach
on 30/10/2019, 13:30:14 UTC
Stock to flow is irrelevant for LTC.

You people are the most dishonest, retarded, fucking scammers I've ever seen in my entire life.  It's not possible for this 'stock to flow' nonsense to be completely invalid for Litecoin and every other coin and work ONLY for Bitcoin. They're all the same 'asset' class - I use the term "asset" extremely loosely because imaginary timestamps are not an asset - so it either has to work for all of them or none of them.  It obviously works for none of them because a stock to flow model only works on physical commodity resources humans actually need with some type of inelastic demand.

Forced to reply as you are calling me in a way I don't like.

If only you would use some of your time to actually read about the model (plenty of places to do that, one of those being here), instead of repeating the same old story, you would understand why this model is not applicable to Litecoin.

No, you're parroting a talking point that you did not create yourself and have no idea how this talking point is even supposed to work because you think pushing this propaganda will be beneficial to your bottom line when there's no rationale whatsoever behind it.  You, Micgoossens, and several other cavemen in the thread do this, constantly parroting bogus shit from Twitter pump and dump scammers.

What is your rationale for why 'stock to flow' would work on Bitcoin when it doesn't work on ANY other digital crapcoin?  You don't have one.  You're either required to be a dishonest scammer or negro-level IQ to not be able to realize scarcity in vacuum for scarcity's sake is meaningless.  The idea of stock to flow requires pairing scarcity with inelastic demand.  To have inelastic demand requires being an actual physical resource humans need, not an IMAGINARY timestamp.  TIMESTAMPS are not in short supply ANYWHERE.

Stock to flow doesn't work on things like Garbage Pail Kid trading cards or digital shitcoins because as the price rises, there is no inelastic demand forcing the item to still be bought; demand has an inverse correlation to price in the case of these instruments.  Digital shitcoins are not the unit of account of anything, nor are they resources.