Anyone got any sort of analysis on the Bitcoin situation? Is this all fallout from Elon's flippant comments?
@georgevaccaro I see no other signal through the noise. Looks like the first sell off to me. Finally a correction greater than 30% and an indication that the super cycle argument is moot.
While this is going down I saw a “Now accepting Bitcoin” announcement from another local business. Adoption is happening as we continue to slay our heroes. Bitcoin fundamentals remain stronger than ever.
@georgevaccaro found it. US tax day. Many who have been on unemployment had 0 taxes taken out of their check now finding they need to cover the bill.
That's an interesting idea. Would be funny if that had a significant impact against all the Elon/Doge drama.
Thanks for your replies. 😀
Bitcoin Maston Instance