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Latest #Bitcoin video report is live!
That call of a $15.5k #Bitcoin bottom, as it happened, on @BitcoinReviewHQ looks like it might just stand the test of time @nvk.
Surely all of them.
Which are the crypto projects that have a token but would be better without it?
Remember when binance was insolvent like 2 weeks ago? Did CZ outlive another CT narrative?
Sounds exactly like monetary tightening and austerity is the chosen path by politicians, whom are being brave and willing to take the hard road...
WHITE HOUSE SAYS CONGRESS WILL HAVE TO RAISE U.S. DEBT LIMIT, WITHOUT CONDITIONS
Sourced from some clown who sold me their #Bitcoin
BREAKING: Bank of Check commences unlimited sat stacking operations in response to worldwide monetary and fiscal insanity.
Don't the big banks launder more money for criminals than any other entity? They basically build the fines into their estimates, cost of doing business.
Just remember $SI is a Bank... Banks should not be in a Network that moves money around for criminals.. @SBF_FTX is a Criminal and @ftx is a Criminal Operation.. I am just saying The Facts.. @AureliusValue @Seawolfcap @KeithMcCullough
You want to get into a philosophical debate over why #Bitcoin is important, and an algorithmic stablecoin is absolutely not?
I can't...actual simulation material.
Stay humble, and stack sats.
if you don't want bitcoin now, did you ever really want it?
Locked staking, what a brilliant invention.
We are going to need a bigger boat twitter.com/riddle245/stat…
twitter.com/riddle245/status/1590219313717252096
Mood.
this whole situation could have been avoided if everyone simply stayed humble and stacked sats
At times like this, a balance sheet of #Bitcoin in cold storage, feels good man.
You could buy 1.17x #Bitcoin networks for this.
Japan’s upcoming economic stimulus package will total 67.1 trillion yen ($454 billion) with 25.1 trillion yen coming from state funds, Kyodo news reports trib.al/H6rxaNd
#Bitcoin probably has a 2019-20 phase ahead of it, which will shake out the bears, then the bulls, then the doomers, then the all time high.
Anyone who doesn't have a serious #Bitcoin accumulation strategy, is likely going to have a tough time over the next decade.
#Bitcoin stablecoin
Stocks down, bonds down, dollar up, volatility up, oil up.
There are no solutions, only trade-offs.
The zcash spam attack continues. Almost every block contains a shielded transaction with hundreds of outputs. In doing so, the spammer can successfully blow up the size of the chain by maxing each 2mb block every 75 seconds. The cost of each spammed transaction? Less than a cent.
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Spending Bitcoin takes Unspent Transaction Outputs as Inputs, Destroys them, and Creates a new set of Outputs, which are themselves Unspent Transaction Outputs, which can then become Inputs for the next transaction.
When do we simple plebs get to watch the public slashings that we were promised? twitter.com/DegenSpartan/s…
$USD is ultra sound money.
The money supply is still in absolute deflation on a quarterly annualized basis. This is the longest sustained deflation of the money supply since M2 records started being kept in 1982. We are headed for something huge, very soon. M2 quarterly annualized growth rate chart below.
which is further exacerbated by EIP1559.
Its not risk free if price can go down. Remains to be seen what funding rate will be post merge! But the characterization of staking rewards as yield is incorrect, it is redistribution of % ownership of the network from non stakers to stakers.
Great take.
ETH moving to POS is a significant net negative for the environment because it will lose all ability to help Demand response, incentivising renewables, or methane mitigation thru capture and combustion.
Science is on hold, until 'The Science' is settled on why the lights went out.
CERN May Idle World's Largest Particle Collider As Europe's Energy Crisis Worsens zerohedge.com/technology/cer…
Can't print oil and gas.
money printer go brrr so households don't go burrr
That visit by the potus to the Saudis really payed dividends....
#OPEC+ to discuss 100,000 bpd oil production cut, source says #oott reuters.com/business/energ…
The intellectual honesty on CT has been in the gutter of late...tough bear hey folks.
If you cannot answer this question, but argue that PoS is 'more decentralised', I would challenge you to rethink your case.
Where are Ethereum miners located?
@LynAldenContact not sure if 53mins of your time listening to this Aussie ramble about PoS is in your interest, but I your feedback would go a long way and be greatly appreciated.
Given the dusting attacks following the TC situation, if you still have .eth in your twitter handle, I'd seriously recommend a reassessment of your risk profile.
lol yes, im totally smart enough to run defi front ends locally and i definitely know what that means
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The irony of .eth's (a unique identifier) changing profile pick to show solidarity in anonymity...
Bearish bridges...
twitter.com/spreekaway/sta… hate to victory lap at a time like this, but seriously guys... gtfo from bridges. there is zero evidence that anyone in this industry knows how to make safe bridges
twitter.com/spreekaway/status/1554243404187435008
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My thoughts on the #Ethereum merge, perfectly summarised by Dr Ian Malcolm (Jeff Goldblum's character in Jurassic Park)
Props to Jay, he jawboned every armchair analyst into believing he could go a full blown hawk whilst debt is the highest it has ever been.
"...however a longer recovery time may be required as foundational repair continues." - Glassnode twitter.com/BitcoinMagazin…
Wrapped #Bitcoin $WBTC is now the largest valuation non-stablecoin asset in DeFi, having flipped the $UNI token.
But...equity is premined and a shitcoin isn't it?
Equity is better for the economy than credit. Credit is subsidized by fiat inflation and the tax deduction for interest expense. Credit is a scam.
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Newly released metric: MCD/BTC Wallet Ratio
Had my quant run some thorough sophisticated research this morning. A truly intellectually fascinating correlation was found:
Should have paid in gold mate.
Despite no evidence of crimes, Puerto Rico regulators closed my bank anyway for net capital issues, rather than allow a sale to a highly qualified buyer promising to inject capital far in excess of regulatory minimums. As a result accounts are frozen and customers may lose money.
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Australian residential land is now worth more, relative to GDP, than residential land in Japan at the peak of the epic 1990s bubble.
Every traditional finance analyst talking about #Bitcoin, whilst global bond and equity markets are shedding literally trillions more in value.
I must have ADHD. Multitasking reading Red Notice by @Billbrowder (highly recommended), watching the US Open and checking in on the ongoing collapse of crypto. #Bitcoin is shedding $1,000 every couple hours. At this rate it was be zero by Father’s Day.
Isn't it lucky, we have never have boom and bust cycles with inflationary currency! Not prone in any way! twitter.com/AydinGhajar/st…
Genuinely curious as I am not quite privy to discussions on Merge timing. Last I heard it was August? Is there a plan to push the difficulty bomb in the near term?
High conviction $BTC buyer reporting in, confirming that this assessment is both false and uninformed.
The reality is the BTC narrative is dead. There are no new nation states adopting it, and for those that have already adopted it things haven't gone so well. There are no large institutions successfully using it as a SoV. As a result, there are no convicted buyers.
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