DCC chart, page-869

its not that its "untethered to a rising BTC price.

any investor worth their knack would be keeping track of volumes and parties buying, then when the price is right at a certain valuation, distribute to all the plebs.

its how the big traders work.

so when btc rises (after the frontrunning pump), with investors knowing that plebs here will continue to pump up the share price by millions in MC, even though their value in BTC doesnt go up proportionally, they will use that opportunity to sell and distribute to anyone willing to pay these overextended valuations.

so while youre waiting and watching your holdings go down in value, the big players are reducing their positions significantly and leaving people holding the bag.

because they know that no professional money (what makes stocks buoyant over time) would be dumb enough to pay $60m+ for a company that is worth less than $30M... much less perhaps.

there will most likely be a bounce here, and a trading opportunity will arise. but this is much more risky than buying between .025-.04.

if BTC has a crash, the downside risk here is significant, and even at BTC $40k+, this has shown it cant sustain a valuation north of .10.

for any meaningful SP movement, the BTC price will need to go up 50% from here, assuming everything else equal with management doing their usual twiddling of thumbs and opportunistic projects that are later forgotten about or put on the backburner.

just be careful people, especially who you take opinions from....

GLTAH and DYOR