tag:blogger.com,1999:blog-6704573462403312459.post9082106959083307152..comments2024-03-28T06:53:23.473-04:00Comments on Moneyness: Bitcoin's hyperdeflationary recession?JP Koninghttp://www.blogger.com/profile/02559687323828006535noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6704573462403312459.post-74161702934176949872013-05-03T09:39:37.014-04:002013-05-03T09:39:37.014-04:00Interesting points, thank you.
Keep in mind that...Interesting points, thank you. <br /><br />Keep in mind that I'm addressing claims of a monetary recession. If Silk Road is declining due to competitive pressures, that's a different issue.JP Koninghttps://www.blogger.com/profile/02559687323828006535noreply@blogger.comtag:blogger.com,1999:blog-6704573462403312459.post-70056630555463220262013-05-03T09:24:33.416-04:002013-05-03T09:24:33.416-04:00You conveniently ignore some factors in value of t...You conveniently ignore some factors in value of the stocks you mention, but I'm going to skip that.<br /><br />Regard a Silk Road recession, you have ignored two large factors. <br /><br />1. Silk Road has growing competition.<br />2. Silk Road customers tend to prop up a handful of sellers because they are looking for an easy point of trust. Many of these sellers, once that have achieved that upper level of sales, end up leaving SR and going private to their customer base. SR has no way to obfuscate customer contact info from the seller, thus no way to retain their most lucrative customers.Anonymousnoreply@blogger.com