The Market Cycle Wears No Clothes
The Market Cycle Wears No Clothes
Cole Garner
8.1K27

Cole I think your analysis is brilliant and sound. Can the same be done with the 2008 GFC? The key takeaway for me is that price is a function of belief. You map the cycle in the changes of that belief which gives rise to the price cycle you present. At Bitcoin Enhanced we want to see if we can use the mechanics of belief to create a crypto-currency that mimics the returns of an investment strategy (in this case long/short Bitcoin) without exposure to the risks of the fiat financial system by holding no assets. I have just finished a draft of the second version of our white paper. It outlines those mechanics of belief. Would you like to take a look? simon@bitcoinenhanced.io