Are you the same nutildah?

I am not redefining hedge...

Get a grip.

You have been pretty negative and bashing on bitcoin lately.

You also should know better.

Of course, it is likely that bitcoin is going to experience a lot of short term correlation with traditional markets, and sometimes, recently, you are acting like you don't even understand bitcoin.  Did you sell your account?  Bring back the real nutildah....

May I remind you where we are at?  We had about a 63% price appreciation in BTC in about two months from $6,125 to $10,500, so yeah, we were ready for a correction, and sure the market situation likely exacerbated a pre-existing necessity for a correction...

There is seemingly a lot of froth in the altcoin space too that seems to be better to be purged somewhat... Yeah, bitcoin and shitcoins are not the same thing, but still, there can be dragging effects on bitcoin whether we are talking about traditional macro markets, shitcoins or some combination of those.

Furthermore, we are still quite well on track in terms of  the current dominant BTC price prediction models, including 1) stock to flow, 2) four year fractal and 3) s-curve exponential adoption based on metcalfe/ networking effects.  

I have some difficulties understanding how you can be so doom and gloom, recently.  Who fucking cares about some of this short term BTC price movement.. it is part and parcel of opportunities that are taken to try to push the BTC price as low as possible and for as long as possible... and time is likely to show that such efforts are not going to be successful and honey badger gives less than two shits about such manipulation attempts.

Every period has its attempts to get weak hands to part with their coins, and this seems strongly to be a buying or at minimum a hodling period.. because it is quite likely that our lack of correlation is going to show itself, especially if you zoom out a bit....