Jimbo a complete n00b when we talk food....
He should visit you in Antwerp  |
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Why are Fish higher ranking higher than an Octopus?
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Slow Sunday?  |
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I am not trying to discuss Radix here. But if a project solves the Trilemma, everyone wants to get its hands on it. I am counting on that.
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I guess the innovation in ‘shitcoins’, not meaning the true shitcoins, is about solving the Trilemma of - Security
- Scalabilty
- Decentralosation
The ‘Trilemma’ is that you can’t have all three  Various projects boast higher TPS (mostly in relation to Ethereum; Bitcoin’s position as King and/or store of value is hardly attacked in those convos) but when scrutinising, without solving the Trilemma. I know of one project truly claiming that they have solved the Trilemma: Radix. But they’ve been at it for 7 years and haven’t released a mainnet yet. But if they indeed have solved the Trillemma, you can’t afford not to be in it. Time will tell. Those kinds of projects are interesting from a technical perspective. But that’s probably 0.001% of the projects out there. |
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I suggest not to hate the crowd that is supposed to start the institutional investor wave  |
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I wouldn’t care. It’s just someone picking two things together and running with it for his own agenda. Like the MSM  |
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Hillarious! So it's that distrust into bitcoin at core. A beginner's mistake. I feel bad for them, really... Fresh meme material for 2 years later... Yes, but they may have also sold just to lock in some profits, not because of a false believe in a double spend. Don’t assume to quickly. |
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My best guess is that we correct 'sideways' with $26k as the bottom end (not immediately but a few bumps away). An excellent period to accumulate more  |
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Let's have a look at the previous bull market. https://i.ibb.co/r3w1D9K/2017bull.pngThe first leg up lasted for 79 days with 224% gains. The following correction lasted for 34 days, ending with a big fakeout (-39% from ATH) before the next leg up. Looking at the other corrections, we can see that they all ended in a similar way, with a big dip before going up again. Now let's have a look at the current market. https://i.ibb.co/JkPcFvn/2020bull.pngHere the first leg lasted for 93 days with 295% gains. The currect correction that we are in right now have resulted in a 27% dip so far. If the current bull market will behave anything like the previous one, it would indicate that we are in for a bigger correction before going up again. But hey, what do I know. This time it's different TM, right? (Sorry for the big pics, but they became unreadable when I was trying to scale them down) Thanks for the comparisons. This provides some perspective on the current correction and what we may expect the next few months. I'm afraid the shake outs will still scare traders/hodlers out of their coins and leave them in the dust when the rally resumes. When will they learn just to HODL |
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January consolidation month.
This is fine.
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WRT personal technology, the masses' rationality makes zero sense. Spending $1000 on a laptop, just to: have the occasional chat, play a game, check the time, and check the weather. Masses: What a huge waste of your money! Spending $1000 on a smartphone, just to: have the occasional chat, play a game, check the time, and check the weather. Masses: This is the way! Great use of your money! Laptops are not shown around on the streets and in bars as status symbols. |
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I hope you’re wrong and we’ll see a peak at $80k ETHBTC broke out today (upwards) and new ETH ATH. We are moving towards a classic alt season but not yet. Life is good. |
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This graph is false, BTC will also be in the hands of a few hands, because today, the vast majority of the population still does not have BTC and when they want to buy it, they will only be able to buy a few satoshis.
Wouldn’t the money (Bitcoin) wind up in the hands of producers instead of the grifters? |
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I’m bearish by nature. So I see potential declines everywhere. Bitcoin usually punishes me for that. A bearish TA thing on a Bitcoin chart means nothing to me anymore. We all learn.
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