Why Nostr? What is Njump?
2023-10-17 01:46:14
in reply to

NBS on Nostr: npub155rer…qt04m It's impressive because BTC has such deep liquidity vs some pump ...



It's impressive because BTC has such deep liquidity vs some pump and dump shitcoins.

You often see people pump and dumb, even in traditional penny stocks, very low market cap assets. Like sub $10 million, which isn't much given shitcoins trade for high leverage.

BTC's market cap is $553 bln... moving its value just 10% equates to a $55bln inflow of trading. Massive size for a non-traditional market.

Certainly says something about an asset ready to pump 10% on a good headline...
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npub1ydmg5ndgr9px5ekcxnxaf9ktrcd2scnkx7cf9xrnaxxnea90aevsgf5tav