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RE: 523m NEM Stolen 🔐 - How It Happened And What's Next
Chris, finally checking you out on DTube, usually I listen to your podcasts on the drive home from work. Listening to your analysis regarding the various coins...support lines...retracement...etc; I understand how these things work with the stock market because trades are largely automated. In crypto, many investors know nothing of investing and buy because they heard a podcast, saw a YouTube video, or heard friends discussing it. Additionally, news can swing things either direction. How do these math models work in a market with few rules and low investor education?
There are certain universal patterns such as the Fibonacci sequence which transcend lower level chaos. This is a huge area of study https://io9.gizmodo.com/5985588/15-uncanny-examples-of-the-golden-ratio-in-nature
Thank you for the link. I'm currently reading "The Wisdom of Crowds" by James Surowiecki which is about how the masses (even uninformed) usually predict correctly. I know a number of crypto projects are touching on the same topic...this is just a fascinating time to be involved in the space.