Hyperwaves and time travel
Around 4 months ago @aggroed posted a very well thought out post on Hyperwaves that can be found here.
https://steemit.com/steem/@aggroed/bubbles-and-hyperwaves-what-about-steem?sort=votes
I have remembered it since that day and regretted missing out on the bubble. Always the last to the party I guess but lately with all the doom and gloom I have to ask myself. Are we not in the time frame we think we are in or maybe we don't have the graph zoomed out far enough? Is it you can't see the forest through the trees scenario?
What if we are really in the first sell off/ bear trap zone instead of where everyone thinks we are clear over in the capitulation phase.
This picture sniped from the @aggroeds post linked above.
If you drag a graph in or out far enough you can make it look like what you want a lot of times and yes what we went through matched up beautifully to the Hyperwave scenario but with more and more larger financial institutions and Wall Street wolfs adopting crypto and getting into the market while it is down could we in fact be setting our selves up for a much larger Hyperwave scenario?
What do the numbers say?
Well in all the surveys I find the number of people who say they own any Cryptocurrency seem to be between 5 and 15% in the USA. To me, that screams that we have not reached the "mania" phase. To me, mania is people beating each other down in a Walmart to get a tickle me Elmo on black Friday. If we had truly reached a mania scenario shouldn't we have at least reached 40-60% of Americans?
This is what I am talking about looking at the graph in a much more pulled back perspective. Look at this graph of Litecoin and see how it had a previous Hyperwave scenario 5 years before the latest Hyperwave?
Pretty crazy when you think about pulling that graph back far enough to realize we very well may be sitting in the first dip of the sell-off and approaching the bear trap right now. If that is so then the MOON is the only word to describe what is coming.
Also a special thanks to @linnyplant , this was the first post that I have grammar checked with Grammarly and I must say it was pretty humbling to see all the corrections that needed to be made. If you have not downloaded this free program then go do it now.
I think I could agree with you here. Just watching the numbers of steemit new accounts, active accounts, says we have A LONG WAY to go yet!
Dammit, hyperwaves and time travel turned out to be about cryptocurrencies?! I’ve been click-baited!! You know this is the stuff I avoid reading!
glares at you
But you’re forgiven if you are working on your writing. Keep up the good work.
grab hanky, emotional sniffles
Hang on....You’re not turning into serious crypto-investor and posting graphs, stats and trend analysis? I have a morbid fear of numbers. Someone tried to get me to do maths in a meeting today, I turned to the developer next to me and got him to do it. XD
Hopefully, next time you tag me, you’ve built a real time travel machine and about to go for a test drive...
PS: Sorry, I took a while to drop in. Work.
They actually featured my prototype time machine in a movie. Unfortunately, it did not work out very well. Oh well back to the drawing board.
And now you’re scaring me!
It’s time to go back to the drawing board and start from scratch. Go fabricate a more useful time machine. Guaranteed if it actually worked, it wouldn’t be on a movie set. As I read, if you happen to travel faster than the speed of light, you’d be ripped apart and be doomy no more. It’s all theory of course, you’d just have to offer yourself up as your own guinea pig for your own invention. Just make sure you post to let us know when you’re about to embark on your maiden trip into the future... It might be your very last post and I’d like to say good bye!
:*-(
But most likely, you’d switch on the ignition, turn the dial to 3099 and go nowhere....
I think it depends on what time scale you're looking at.
Exactly what I was trying to get at.
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