oh my , thats a lot of 24H volume
Why is there suddenly so much volume and revaluation ?
What's going on ?
Is it just the hedging tide coming back in from bitcoin's correction ?
Drinks machine ?
You're our market mentor, YOU need to tell US! LOL.
I'm going to guess it has something to do with Bitcoin's slap in the face by Hearn and the marketing we've been doing finally moving people into action. Then once things started to move, it flows heavy a while. I think it's slowing down, but what's interesting to me is that the price is holding. I'm also glad to see Bitcoin has leveled off as well.
I think what Hearn did was awesome! Bitcoin community has been arrogant and negligent in its behavior. That combined its belief in its own self importance and inability to deal with the mounting issues with its ecosystem....Hearn has given it a slap in the face to wake up. I don't think Bitcoin has seen the bottom yet and I believe there is MUCH MORE pain to come. If Hearn is correct that merely 2 Chinese miners own more then 50% of the blockchain, we haven't seen the bottom of Bitcoin. Sorry for those of you that exalt BTC...but when someone like me from the outside of BTC community reads whats going on....I cant help but feel the fall of BTC is yet to come. Mike hopefully gave the BTC community a much needed kick in the pants. Unfortunately the response from the BTC community has been the opposite and even threatening Mike Hearns life...I have no faith at the moment that anything will be accomplished in the short term...there needs to be a change of guard over there.
Just my observations...