$150 above $165 represents a ~90% premium to peg.
Revised Tendie/Egg Analysis
The first step is to calculate the premium to peg on a tendie over time this will become robust. One can use last price paid or lowest current ask. Last price paid was $315 against ~$165, or .69 x $240, current price for BSV.
I kind of messed this up. Correcting shortly.
Tendie/Egg analysis:
Based on issuance alone eggs should trade at ~.77 discount to tendies, 2066/2682. At the time of this writing the lowest offer for eggs and tendies is $245 and $335, respectively, a ~.73 discount. In this case, buy the tendie.
I was going to quote a song but the lyrics are too vast. Unbroken Chain may suit BSV best though.
Yeah, the market for eggs and tendies trades pretty good in here at ~$220 and ~$320 respectively, but when those are gone the next stop will be ~$800 and ~$1000. JMHO. Even there I’m not selling.
Notwithstanding, this some very bullish action.
Now where did that monkey hammering come from??
Not as good as I would have felt taking Baylor on the money line against Houston to cover my cost of Twetch Madness.
I’ve been thinking about this. And, the absurdity of fictional digital chicken actually works beautifully as a juxtaposition of absurdity corresponding to BTC at ~$58,000 on which said chicken can’t/won’t exist.
Twetch is like a living edition of Mad Magazine.
However, I think the uses cases will prevail. There’s just too much developing on BSV.
You’re welcome! You’re already flying Mach 2 relative to new entrants that have a Coinbase account, holding nothing but BTC. Most of them will not have even sent value from one wallet to another. Having been said, it’s hard to argue 600% in 12 months.
