Yeah, I am also wondering what's going on.
So it's went over 80% and has now dropped below. Why would they do this?
What is the advantage of doing that?
So it's went over 80% and has now dropped below. Why would they do this?
What is the advantage of doing that?
The advantage is making a shit ton of money. If I had control of a significant amount of hashrate (2%+) I'd be changing my signalling to manipulate the markets.
It could be just as easy as:
- Turn on signalling
- Signalling goes over 80%
- BTC price increases
- Dump BTC
- Turn off signalling
- Load up on cheaper coins