Oboogie

BTC/USD and The Remoras Theory part two.

Education
COINBASE:BTCUSD   Bitcoin
Hi traders!

I have been developing a sort of TA theory called the Remoras Theory. I'm liking that post to this one, in order to follow thru this hypothesis. Getting straight to it, my idea is that the crypto markets are full of whales and remoras; therefore, prices and sentiments around the markets respond directly to mother nature's laws. In that way, chart patterns and price movements can be explain using some knowledge gathered from the times I used to dive a lot. I saw how remoras got eaten... I mean, I was subscribed to Dive Magazine. lol. I think we can apply that on TA and try not to get liquidated.

As whales are moving around the btc market, we should pay some attention the way mother nature works and how whales behaves. For marine mammals such as whales food is not only extremely important for their survival it’s also important for maintaining balance in the oceans ecosystem. In order for whales to capture their food these marine mammals search and hunt for their prey using a variety of techniques in order to locate, isolate and immobilize their prey for easy consumption.

Humans have apparently known about remoras for a long time. Remora, in Latin means delay, a reference to their supposed ability to slow down ships. The generic name Echeneis is derived from the Greek echein 'to hold' and naus 'ship' and Linnaeus was obviously aware of these old stories when he named the genus in 1758.

The earliest known reports of using remora for fishing appear to be from the Spaniard Peter Martyr d’Anghera who was a prominent figure at the court of King Ferdinand. He published a series of books in 1511 and in one of these he recounts, in considerable, if somewhat fanciful detail, the use of remora in the West Indies. Additional reports detail how large fish and animals such as manatees are also caught using remora.

Fisher folk in the Indian Ocean have also been using remoras to catch turtles for centuries. This was brought to Western attention as early as 1787. The Swede, Andrew Sparrman sailed to the Cape of Good Hope.

So how did the fishermen obtain their remora? They either collected them as a lucky accident when they caught fish with them attached or they caught them as juveniles in nets along with other reef fish. They were then kept in cages in the sea and fed on a regular basis.

Their sucking disc on the top of the head develops early when the youngsters are barely a centimetre in length and becomes fully functional at around 3cm. It enables the remora to attach to either rough or smooth surfaces. For many years, the origin of the sucker was debated. Recently the discussion has been put to rest.

Dave Johnson, a scientist at the Smithsonian National Museum of Natural History and Ralf Britz at London’s Natural History Museum studied larval remoras. These are scarce in world collections, typically only being caught in plankton tows and often overlooked. Young remora may be free-living and inhabit reefs. There is one report of a remora acting as a cleaner fish but they attach to hosts at a relatively small size.

There are currently eight recognised 'shark suckers' in three genera. Echeneis naucrates is probably the best known of these and is frequently seen on sharks and turtles. Remora remora is one of the largest in the family and seems to favour larger hosts such as giant mantas. But most of the remoras have a dark secret. The majority of their food items seem to consist of faecal matter produced by the host. It can’t be particularly nutritious but the free-ride lifestyle evinced by remoras probably doesn’t expend many calories a day.

When I was at the end of the sewer pipeline, all those remoras weren’t looking for shark hosts as I first envisaged. They were in the equivalent of remora heaven just hanging around waiting for the next person to flush a toilet.

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