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Trading Bitcoin Dominance
Many Large Traders Become Small Traders, A Few Small Traders Become Large Traders and The Wise Large Trader Chooses To Be a Small Trader Again
Bitcoin Dominance. What is it?
It is a flakey attempt to measure sound money, the longest chain, with fixed supply and proof work…also known as Bitcoin... against unsound money created ex nihilo by decree or fiat by an oracle residing in The Crypto World.
The measurement is not flakey because of Bitcoin. The measurement is flakey because an index of Bitcoin Dominance is by definition composed of shit coins. Essentially, any index of shit is a shitty index.
The Crypto World has no liquidity. So to index this shit to Bitcoin or even fiat is phony. The Crypto World shit is not a solid poop, it’s is chronic diarrhea.
By Their Words, You Shall Know Them
The Crypto World has no vision other than the hopes of creating a new standard “Better than Bitcoin.” Their own terminology belies their lack of vision.