@HarryChest
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Whai is going on? BTC down, BCH down. BTC lost 10%, BCH a bit more than 8%, so closing the gap but still all looks like in freefall! #RandomThoughts
@HarryChest
more from that month
13 comments
I don't think anybody knows, to be honest with you. The thing about the crypto market is that there simply is not much behind any coin or token—unlike stocks. So, anything crypto related is really just a guess in my opinion.
As all the finantial bubbles showed, there's always only trust behind anything. Debt can be hidden, books can be cooked, ...
Unfortunately with crypto there are no books and no one checking to make sure that they are operating on the up and up. If you think about it, the crypto world is sort of like the old wild west.
In a way. O the other hand, the ledger is public and if you want to analyze it, you can ... No books are as public as that ...
That is actually not true. If a company is publicly traded, all of their books are available to the public at large. As a shareholder I even have the right to walk into their accounting department and ask for them. But there is no need to do that since all of it is public information. How in the world would I ever be able to actually verify a blockchain?
If I hold 1 share in google i can waltz in. Pmsl. But in gist, yes.
It was stated more figuratively than literally. You'd probably have to make an appointment. But the answer is still yes. HOWEVER, the information you would ask for would be readily available on the Internet, so you would not have to physically walk into the building to get it. The SEC website will have all of the information on file you might want to know.
You don't need to verify a blockchain. You can track transactions though.
But yeah, howdy partner
It's going to be a rollercoaster now. Hold on! 😅🤕
It is a rollercoaster already! My head and wallet are spinning!!!
The beginning of the year "fire sale" has been extended!
... and deepened, uf!