Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OutOfMemory
on 05/09/2020, 18:30:59 UTC
I sense a storm coming our way, moving from north to south.
Should we name it ?

Hurricane Bearolina

Good one.

Is it really a hurrycane or just a dropical storm?

EDIT:
my take:

dropical storm Bigbart

I am thinking that the severity of our current storm is somehow related in a kind of exacerbated way to some purging of froth that seems to be taking place in the ethereum (and perhaps related) space.  It may be too early to call that dynamic, and surely there are likely a decent number of 14 year old snot-nosed investors in ethereum, defi, yield farming et al that deserved to be purged to zero or somewhere in the vicinity of zero and to verify if they are still committed to such projects after a wee bit of froth purging.  Hard to know, exactly.

Valid option, imho.
VitalikCoin is dumping even harder, like many other Alts. Don't know how much the defi crap is dumping at the time.