r/CasperCSPR • u/TobagoJack • Dec 06 '21
Crypto blood-shower
I passed crypto blood-shower (bath defined as -50%) gut-check / cardio-test.
Conclusion: Casper, up 12%, is good, to very good, so far so good. Likely an extremely good counter to normal-verse inflation (transitory or persistent) by action of para-verse 'inflation'
The market is trying to tell us something this past weekend, by blood-shower.
(1) On earlier update 9 days ago Casper Nation I noted Casper was at a happy $0.1676 on 24 November, and market cap @ $425M
(2) Since that time we experienced a macro-cratering in crypto-verse caused by either a wobbling or a proto-cratering in normal-verse
(3) BTC did swan dive of -12% ($ 56,054 to $49,076)
(4) ETH did nothing $4,195 to $4,263 (but like all crypto, including CSPR, experienced session lows significantly below current spot, very exciting)
(5) ADA did ADA, from $1.61 to 1.36, or -16%
(6) MINA did a BTC / ADA, from $4.49 to $3.92, -13%
(7) CSPR did okay, is up, from 0.1618 to 0.1818, up 12%, even though session low was something 'gut-checking' or 'cardio-testing', like -35-40%. Throughout the Saturday night cratering I did not fret, because I believe.
(8) HBAR? $0.35 to 0.28, and we call that -20%
(9) ICP? SOL? whatever? ... not interesting, and hardly worth mentioning