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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.01+0.1%Dec 19 4:00 PM EST

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To: TobagoJack who wrote (166467)12/28/2020 8:50:53 AM
From: Follies  Read Replies (3) of 218621
 
I find it very odd that all,the action is unconnected to the actual Bitcoin blockchain.

This graph is about 2 hours, 120 minutes, 120 bars. Every green and every red bar represents one minute of trading. Within that one minute are tens, hundreds even thousands of separate trades. Yet a new block is added to the blockchain only every ten minutes and that block contains less than 2000 transactions.

All of this action is off the grid, and run by one company. It is vulnerable. It’s is like paper gold and could vanish or be confiscated.

binance.com

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