Isn't that means that it was not a real value of oil or bitcoin changed, but only a value of backed by nothing USD? Real value (practical usefulness) of oil can't change if it is same variety. Liter of oil decade ago is same liter of oil now. Nothing changed. The energy density did not change, composition is the same, and so on. Seems that bitcoin practical usefullness was also stable as soon as it began to follow oil price chart.
What if we throw out USD as a measure of value and switch to something meaningful and really independent, say, kWh of energy instead? What charts will we get? They could be much more useful, than charts of price in some meaningless cutted paper.
Price charts of some real things in USD or any other paper could only show how value of USD was manipulated by the owners of printer, nothing more, they are useful only for those who making money out of thin air gambling on stocks or creating stupid propaganda about market. You can't use them for any scientific purpose.
Similar patterns with gold, oil, and now the crypto.
And that allows us to assume that it is not gold, oil and crypto really change their value. They are not connected, but have similar graphs.
If you see different unlinked variables that have similar behaviour against another one in time, that definitely mean that it is the latter really changes, not other.
Say, some country have a year demand for 1 gazillion barrels of oil. This demand could not change fast. It just can't be that this demand will change every day or even month. It could change, but slowly, year by year - more efficient transportation, better powerstations, few percent more utilisation of oil in plastic production and all that stuff. Very slow change in demand dependent on combination country development and technology advances. In a year you just can't utilize even slightly more than that 1 gazillion barrels, and you will ruin everything if there will be noticeable less than that 1 gazillion barrels.
Costs and demand of what? USD or oil? I don't see how value (usefulness) of oil could change that fast back and forth. But I perfectly understand how easy value of USD could be manipulated by those who print them.
oil will just have more supply pressures due to regulation and fake green movement, also not enough capex and capital investment to make new wells due to regulatory pressures. but the demand isn't going to change because fake green movement won't be able to replace the demand fast enough. too much fake paper chasing the same goods also will make the cost of a barrel increase.
Isn't that means that it was not a real value of oil or bitcoin changed, but only a value of backed by nothing USD? Real value (practical usefulness) of oil can't change if it is same variety. Liter of oil decade ago is same liter of oil now. Nothing changed. The energy density did not change, composition is the same, and so on. Seems that bitcoin practical usefullness was also stable as soon as it began to follow oil price chart.
What if we throw out USD as a measure of value and switch to something meaningful and really independent, say, kWh of energy instead? What charts will we get? They could be much more useful, than charts of price in some meaningless cutted paper.
Price charts of some real things in USD or any other paper could only show how value of USD was manipulated by the owners of printer, nothing more, they are useful only for those who making money out of thin air gambling on stocks or creating stupid propaganda about market. You can't use them for any scientific purpose.
And that allows us to assume that it is not gold, oil and crypto really change their value. They are not connected, but have similar graphs.
If you see different unlinked variables that have similar behaviour against another one in time, that definitely mean that it is the latter really changes, not other.
Say, some country have a year demand for 1 gazillion barrels of oil. This demand could not change fast. It just can't be that this demand will change every day or even month. It could change, but slowly, year by year - more efficient transportation, better powerstations, few percent more utilisation of oil in plastic production and all that stuff. Very slow change in demand dependent on combination country development and technology advances. In a year you just can't utilize even slightly more than that 1 gazillion barrels, and you will ruin everything if there will be noticeable less than that 1 gazillion barrels.
Costs change, demand changes ...
Costs and demand of what? USD or oil? I don't see how value (usefulness) of oil could change that fast back and forth. But I perfectly understand how easy value of USD could be manipulated by those who print them.
You have to have a place to store it
Did you ask the EPA for permission?
oil will just have more supply pressures due to regulation and fake green movement, also not enough capex and capital investment to make new wells due to regulatory pressures. but the demand isn't going to change because fake green movement won't be able to replace the demand fast enough. too much fake paper chasing the same goods also will make the cost of a barrel increase.
Comparing price charts is a fools errands