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CMS Dynamics
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My New Years resolution is to provide more actual useful info was thinking maybe it would be shitpost less but I don’t like setting up for failure so here’s a thread on how I think about supply / demand imbalances over cycles thus far I’ve lived

1. Bitcoin is an extremely unique asset in that supply cannot react to demand in any meaningful capacity, miners can add hashrate and mine albeit slowly faster but it’s not enough to drive material supply side changes

2. This differs from a lot of commodities say oil or silver or gold or leggos as people want more of these and prices go up producers produce more they feed the ducks

3. Altcoins imo have largely been a market force driven by this issue though a lot of get rich quick and some actual innovation sprinkled but I think this is why the asset class has grown horizontally at its core

4. Either way you have periods where demand clearly crushes supply often halving related but nonetheless fucking up the imbalance and the momentum does the rest

5. The issue is this overshoot causes often maybe I dare say always cause a hangover because once demand subsided the supply stays constant whacking bids and we do the whole momentum game the other way

6. None of this is bad or good it just is but it’s something to be aware of, the other big issue driving it for me has always been people don’t tend to like bitcoin at levels say I like it at 10k or 15k

7. Some traders do but that’s not the material powder moving thing people tend to think it’s worthless or far too cheap and because of that the bid side on the way down is often thin because allocate or dollars deploy since it always seems cheap

8. This will probably change as the asset matures but even the speed and haste of deployment of large positions past quarter leads me to believe we aren’t over it

9. Also supply side effects become more dampened as issuance of total becomes more so this all also dampens with time

10. NONE OF THIS IS A PREDICTION OF DIRECTION AT CURRENT JUNCTURE

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A statement about Stephanie Hayden.

In January I became aware that Ms Hayden (who monitors this account despite being blocked) had made a series of defamatory allegations about myself and my wife.

The allegations were made on Twitter, via Hayden’s account, and were widely retweeted.

The allegations were that as a result of her making a police complaint, (1) the police were seeking to urgently speak to me.

Furthermore (2) that police has spoken to me on 26/12/20 and offered some kind of “robust” advice about my conduct on and off line.

Finally (3) that police attended my home address in November, where my wife mislead them as to my whereabouts.

Hayden commented about this at length on Twitter, said that both and I am my wife had lied, and that I had even given a false address in Hampshire.

I said at the time all the allegations were false.

The police “complaint” was nothing more than Hayden making yet another vexatious complaint to the police, as Hayden routinely does.

The police did not speak to me on 26/12/20, as alleged, or at all.

Jail all false accuser...
@Hammertonhal

The very first section of Robson's allegations is an example of how when he realizes a certain true part of his story does not support his goals he simple changes it to a lie.

He and Joy repeatedly stated under oath that Target run the 1987 dance contest.

Wade 2005 testimony

Joy 2016 deposition

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blacked out but it's clearly Target not MJJ Production

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Wade June 2013 first amended complaint

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Wow, Morgan McSweeney again, Rachel Riley, SFFN, Center for Countering Digital Hate, Imran Ahmed, JLM, BoD, Angela Eagle, Tracy-Ann Oberman, Lisa Nandy, Steve Reed, Jon Cruddas, Trevor Chinn, Martin Taylor, Lord Ian Austin and Mark Lewis. #LabourLeaks #StarmerOut 24 tweet🧵

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The CEO Imran Ahmed worked closely with a number of Labour figures involved in the campaign to remove Jeremy as leader.

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Center for Countering Digital Hate registered at Companies House on 19 Oct 2018, the organisation’s only director was Morgan McSweeney – Labour leader Keir Starmer’s chief of staff. McSweeney was also the campaign manager for Liz Kendall’s leadership bid. #LabourLeaks #StarmerOut

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Every single public defender. Every single day.

Raise your hand if you\u2019ve lost a case despite having the law, facts, quality lawyering, and justice on your side.
— Jon Feinberg (@JonFeinberg) February 13, 2021

Bail arguments, motions, oral arguments, hearings. Judges don’t know, follow, or care about the law. Prosecutors are willing to take advantage of it. And mandatory minimums, withheld evidence, & pretrial detention coerces people to plead before trial. When theres a jury. A shot.

But defenders still fight. And still win. Most times wins aren’t “Justice.” It’s power of repetition of argument in front of same judges. Introducing those in power to the people they oppress. Not just a RAP sheet or words on a page. Defenders make it harder to be brutal & cruel.

I worked as a public defender at an office as well resourced as any in the country. Social workers, team of investigators, a reentry team, support staff, specialist attorneys in immigration, housing, education, family. Relatively low caseloads (80-100). And yet still injustice.

Most think that balancing the scales of justice means more funding for defenders. Thats part of it. Enough a attorneys to actually be at bail hearings. Wrap around services to be able to help people trapped in the system end up better off in their communities. Lower caseloads.

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