"BITCOIN DOMINANCE" PLAGUED BY SURVIVORSHIP BIAS
BTC dominance vs the top 24 altcoins of 2013 has risen from 70% to 96%
BTC dominance vs the top 24 altcoins of 2017 has risen from 42% to 74%
New altcoins in their PUMP phase skew the Dominance metric before they DUMP.
👇👇👇
@SqueezeMetrics@Jesse_Livermore If the CEO has any sense, he would ask the WSB community what pivot do they want. This could become a cult company with lots of access to cheap capital and millions of users
I remember when I met the @RobinhoodApp founders when they were raising their Seed, Series A and Series B. I passed.
Why?
Optimize for integrity whenever possible because integrity compounds and assholes will fuck you.
#DeleteRobinhood