Hey, don't knock shitcoins. Tribalism aside, Bitcoin would be nowhere without them. Precisely no---where. Anyone who's ever followed correlations between dominance and BTC price will have seen that by now.

For that reason, I promote shitcoins to bitcoiners and bitcoin to shitcoiners. They don't like it but they need to swallow it

Funny how terminology evolves.

Try telling a goldbug that Bakkt futures are backed by "physical bitcoin". That should be interesting.

It lasted about a year. (2 years if you include the bear market year itself. Then a third year to get back to anywhere near previous ATH).

Meanwhile, altcoins is your boy. (Because dominance has to go right down to get the "buttressing" to propel BTC back up).

It's just you.

Trading volume isn't the basis of this particular asset's value.

What is crypto ? A synthesised monetary asset. Like amoxycillin is a synthesised antobiotic that means that you don't need to eat a tone of garlic every day but can still benefit from certain of its properties. They therefore need a solid archetype behind them to survive.

UNO is the fine-art market of crypto. It seems to have found the "sweet spot" between sufficient scarcity to be attractive and sufficient liquidity to be actively traded.


UNO was launched in 2014. There are no other "scarecity" assets in the crypto field that go back that far which have performed as well. This is against bitcoin by the way, not USD.

Meanwhile, UNO continues its relentless march towards becoming permanently established as one of Bitcoin's best performing hedges and general long term stores of value. Looks like it will be one of the survivors of the "crypto dotcom bubble" who's cap will eventually be catapulted into the top rankings.

Trying to get one's hands on any significant amount of it though is a distinct matter.

Dash blockchain landed another "Chicken Chain" in the adoption campaign in Venezuala.

This from the merchant's own Facebook page so hopefully safe enough to post   )

I'll leave the translation of Todas Nuestras Tiendas to the linguistically inclined. Put it this way, you might find it worthwhile brushing up your Spanish

Great to see BAY holding its value against Bitcoin through the storm. One of the very few that have done so and now seems to be starting to gain on it as the bottom (BAY/BTC) is being well and truly baked in.

The early "capitulators" will also be the early risers and the market will soon start to sift through the wreckage to find which projects are still active in terms of  fundamentals.

BAY/BTC OBV indicating substantial accumulation at every dip.

Like BTC Millionaire says....

None of this is going to go away !  

A bit on the melo-dramatic side surely.

Be more like this guy....



You also have integration and adoption news across the whole market like this going on left right & centre.

Sometimes the price and reality get a bit out of sync. See here for a more realistic guide to prices

KFC starting to accept bitcoin across Venezuela !

See #KFC hashtag.

Hey, I really like that track.

Gonna have to stick that on my iPod

UNO is the coin to be holding in a storm.

It is going to end up as one of the greats.

Stay sane in times of turbulence with the fair value chart.



...and some consoling empathy from the stockmarkets

All commentators saying the same thing. This one is fully expecting capitulation level around $800=$1200.

https://www.youtube.com/watch?v=joj5zefl9d0



But I am one of those folks who sat through the 2014 bear and - as a previous poster remarked - my hide is made of concrete I already knew way back that a revisit to the $1000 level was possibly on the cards.

Smash & grab in progress.

The volatility in Bitcoin/USD is not frictionless.

Doesn't matter what the prevailing trading direction is.

Massive rebound after Frank Lloyd Wright speech.
Market not finding anything scary in the content.
Market deciding it's too airy fairy and nebulous to be realistic.
Meanwhile, Deutsche Bank circling the drain.

Quite energetic. Always thought $1500-$1900 was the bottom.

Because whether it's "fud" or not, having a private company in the Cayman Islands print blockchain tokens out of nothing, backed by nothing and using them to populate the bid side of the BTC/USD pairing across exchanges is about as scammy as you can get