Where is the BLURT bull market?

in blurt •  5 months ago 

Here's a comparison between BLURT's price and the price of all other cryptocurrencies, leaving one to ask "Where is the BLURT bull market?"

First, here's the price of BLURT going back to day 1 of the currency:

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The main features to note are:

  • the price trended lower during the first year or trading
  • sudden bull market to 4 cents in October and November 2021
  • price trended lower to 2 cents until June 2022
  • sudden crash to under 1 cent
  • price trended lower to 0.15 cents today

So BLURT experienced a brief rise off near-zero during the previous bull market, which lasted between October 2021 and June 2022. (My main conversion to BLURT happened in early 2022. Yay...)

Here's all other cryptocurrencies added together, over the exact same time period:

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A corresponding bull market is seen between October 2021 and June 2022. And the current bull market has been heating up, especially in 2024.

But where's BLURT's bull market?!?

Sure, maybe it's just late. After all, BLURT didn't follow the rest of the market as it heated up in early 2021. Most of that rise was from Bitcoin, and the alt-coins followed later. Maybe that's what's happening now, and BLURT is going to have its big run in 2025?

So, maybe there's reason for hope.

But man, that BLURT chart sure looks awful.

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Down, down, and more down... and now at the all-time low... and still going down.

Rough to see our currency doing this poorly, while BTC and many others are seeing large gains on a regular basis, month after month after month. Everything I've ever earned through full-time content-creation over the past 11 years is in my BLURT wallet right now, and its current value is $1600. That couldn't even buy me a new couch.

What do you think? After 3.5 years of nonstop new all-time lows, is BLURT finally about to find a bottom, and start the long climb back toward one cent? It's always darkest before dawn, right?

DRutter

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The real price of BLURT is on Tribaldex swap pools, we have about 90K HIVE there, so if you sell 1M BLURT then the price should go down by about 20%, on Probit it is enough to sell 50K BLURT for the price to drop to zero

https://beeswap.dcity.io/pools?search=blurt

  ·  5 months ago  ·  

Well that's not "the real" price, it's a price. Likely more accurate due to higher volume, but there's no such thing as something's real price. The price is what people are paying for it.

But yeah, what is the BLURT price on Tribaldex? Paste a chart of the past 3 months price action?

Kinda looks to me like it is 0.00185?

I note that Ionomy says 0.00189, so it's pretty close at the moment at least.

Besides, even if the "real price" is 0.002 USD right now... the point of this post remains.

  ·  5 months ago  ·   (edited)

Currently, there is a bull market for BTC but it is a different bull market because of ETFs for BTC and ETH. This means that it attracts tokens directly related to ETH and the strongest positions on BTC. It also brings to light new hopes for this year's seasons, but the so-called alt season that we had recently hasn't happened yet. Moreover, the question arises whether it will be there at all, because the big financier using ETFs has basically hit the crypto market, reducing it to the rank of investment instruments and not real coins with real usability. Therefore, for many players it is safe to enter through the traditional stock exchange because it gives them greater flexibility in investing between Shares and other instruments, and Crypto and capital has stopped flowing like it used to.

Blurt Bull Run....

  ·  5 months ago  ·  

You reminded me to check something...

Recognize this?

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LOL

  ·  5 months ago  ·   (edited)

Is it your sex life?

  ·  5 months ago  ·  

I guess you forgot your own investment has tanked when you came in here to laugh about ours : P
Woops! LOL

  ·  5 months ago  ·   (edited)

It doesn't affect me at all. I haven't sold, nor do I need to.

The entire alt market has dropped 20-30%+, it will go back, but no one is going to buy Blurt. It will continue to have ~$100 or less daily volume.

  ·  5 months ago  ·  

You haven't sold because you can't sell. So even if your fantasy comes true and HIVE finally does something, you're stuck holding HIVE forever. Watching the price, in your situation, is mere masturbation. You bought a bunch of tokens that you'll still be holding when you die.

  ·  5 months ago  ·   (edited)

Cool story bro.
I will sell when I feel like it. I have no need to sell anything. Last time I sold it was around $3, I see no reason to sell at $0.21.

Like he said... You never selling again... 🤣

HIVE is deader than canned fish 😂😂😂

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  ·  5 months ago  ·  

Oops.

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Yeah it's rough, I'm down to ~$700,000 or so in Hive. Is that more than Blurt marketcap?

TheWankyWank is back. xD Hive ist soooo f*****d...

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