Random altcoin observation...
I can't find a thread on the first 5 pages specifically about BBR.
Where can I learn more? It was drifting down around .00015 for a looooong time. All of a sudden, starting last week (August 28th), volume on Polo is wayyyyyy up and the price is up to .001.
What caused this?
edit: Supernet, maybe? If so, where can I short the fucker?
BBR was in a downtrend for so long it became far too undervalued relative to its twin XMR, and the market ran out of cheap berries.
The Supernet hype reversed that trend with a vengeance, although the steady release of improvements (miners, price chart in wallet, etc.) played a role as well.
Another factor was an uptick in XMR prices, to which BBR offers leverage as silver does to gold.
Go ahead and short BBR, you could possibly make some money in the short term. But many of us are accumulating, and you might get your teeth broken instead.
