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Re: Stewguts post# 36

Monday, 08/17/2020 6:37:25 PM

Monday, August 17, 2020 6:37:25 PM

Post# of 531
Big-cap crypto rallying; HBAR probably different imo.

BTC & ETH & other big-cap cryptos have been rallying similar to gold & silver, I think based-on USD issues. As the big-cap crypto rallies, the ETFs need to buy more (GBTC & GDLC for ex), so these rallies can be self-fulfilling to an extent.

There's some BIG MONEY involved big-cap crypto.

But HBAR has pretty specific use-cases and is not widely used as for trading or speculation as far as I know.

I'm assuming HBAR price is basically tracking value, as usage grows.
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