Hi Friends!
I’ve been watching the btc market pretty close for a while now, and delving deeper when i can. But one screen i saw today really stopped me in my tracks for a second. Here, have a look
It’s a price chart for 24hr bitcoin. And it shows a big price spike (in yellow) driven by massive volume (indigo stack in background). Compared with every other hour on the chart, this one was so concentrated and specific that one can easily conclude that this was coordinated, and originating from a single source. So what’s going on?
And then, Kapow! Someone just pulled the trigger on a LARGE order, probably out of fear that someone else was going to initiate a big buy. Now i’m just hypothesizing right now, but i had a look at something else to get some perspective:
Over 5 billion transacted in last 24hrs! That means that spike had to be at least 1 billion, and from a rough look, probably closer to 2 billion. That’s a lot of cheddar!!! And it certainly wasn’t caused by 2 million drunk pirates simultaneously stuffing a grand into an ATM — as much as i wish that were the case!
Nah... lofl! It was probo someone else — like a hedge fund or something. Makes sense to me
If y’all are interested in this type of stuff, then you will have noticed all the bad press around crypto lately. Even the alt news sources are chattering through their own shortening finger nails — and flinching like noobs.
While the real story is that behind the scenes innovation, development and integration is taking place at break-neck speeds — hell, even steemit inc. has some crappy new smt-lite bs coming out just so they can stay somewhat relevant! (...Asshats!!!) At any rate, Blockchain tech is here to stay, and ignoring the grand-daddy BTC and his top 20 kin shall not be a good strategy moving forward.
I am 
Balls deep — super creep
The only thing i say is: meep!
I stack the metals and the crypto
And listen to the Tragically Hip yo
I vent frustrations and blow the fuse
And dream of a mermaid who is my muse
I’m the last one standin’, under the table
Some call me Cain, but really i’m Able
To quaff more pints and hit up the whiskey
And then blather it blithely all over SSG!
