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1  Bitcoin / Bitcoin Discussion / SIGNAL OF AN UPTREND SEASON!! on: February 24, 2023, 07:15:11 AM
The way to identify the money coming back is a very important and difficult thing to realize, but if we can identify it, we will have a very nice position and an extremely good profit, so to receive the cash flow, we usually You will see the following signs.

Signs About News

1. The first stage


  • This is the first stage of preparing the position of the shark, so the news is extremely bad so this stage is almost only the shark, the creator knows exactly how it will happen.

  • Almost this stage is the stage of the psychological game, so this stage will torment retail investors.
  • There will be extremely bad news to shake off one last phase to prepare for the new bull run season to take place.

  • There are many fud hacks of tens of millions of dollars or even hundreds of millions of dollars that are believed to be caused by hackers, but the fact that sometimes devs hack their own projects is also questionable.
  • A series of large and small crypto exchanges went bankrupt or even went bankrupt.

  • This period is a period of testing faith and psychology, so the news will be very bad. Bad news is pumped out by sharks to cause depression and loss of confidence for the crowd in the market.
  • Besides, the situation of macro and economic news is very bad such as the Fed raising interest rates, BTC has not experienced an economic crisis, so this time will be very different.

  • Most inexperienced KOLs will say that the market is going to be very bad or they are hired by sharks who say that the market is very bad.

    • Some KOLs “reverse signal” that BTC is extremely bad should sell all BTC to avoid further losses.

    • Sharks and bookies when they have enough goods, they will start pumping good news again.

    2. Middle stage

    This can be said to be the period of doubt because the crowd thinks they are too late to join, now they see the price line is extremely high so they don't dare to enter, but the price is still increasing continuously.

    • The press started talking about the return of BTC and crypto but not much because sentiment remains doubtful because of the price increase.
    • The economic situation started to improve. The economies of other countries and especially the US financial situation started to turn green again, and economic stimulus packages began to be launched.
    • Sharks start to spread news to inject retail investors' minds with news or price lines to entice retail investors with new technology concepts such as Defi, NFT, Web3 sound very futuristic, right?
    • There will be a clear separation between trends as the world splits into two halves as KOLs on one side will say continue to rise and the other side will say a bulltrap retracement.
    • At this time, the price line and news start to go against each other to distract inexperienced retail investors.
      • IDO, Launchad, Launchpad bets will xx dozens of times to attract new people.
      • Create trends to attract cash flow like move to earn, play to earn

    3. Final Stage

    This is the last stage and also the most interesting period when retail investors are continuously buying and the house is constantly selling, this is the last stage to take profits from the shark's bulltrap.

    • Teachers on social networking sites such as tiktok, facebook went online to 'cry' about their analytical ability because of the uptrend, saying that every child ate and started opening a chicken-raising course with increasingly expensive prices with the same sentence. philosophy "expensive cut into pieces" still have a piece of bad luck.
    • Those who previously talked about crypto in the downtrend disappeared until now, then returned to the market.
      • Social networking sites, people outside the financial industry, newbies who don't know anything start talking about BTC, crypto and this and that, even the woman selling fish in the market or the taxi driver also talks about BTC.
      • The groups of bets are getting more and more crowded.
      • Constantly seeing new entrants start showing off their profits, showing off their house achievements even though they don't understand anything about crypto.
        • Many projects, whether multi-level or not multi-level, are constantly springing up like mushrooms to attract new chickens.
        • Famous KOLs will constantly tweet about the potential of the market, the future of this crypto-finance industry.
        • The press is constantly talking about BTC at home, everyone is talking about it, the press is praising crypto as the future of this technology and that technology because it may partly be news pumped out by sharks to seduce new chickens. enter the market when they are ready to exit.
        • Some "spiritual" factors such as XRP, EOS, LTC fly, then the market will drop right after that, you may not know that before EOS peaked at ATH in May last year, BTC a few days later fell. down to 30k.
        • Shitcoins, Memecoins will usually fly at the end of the season so if there is this sign then be careful because lowcap shitcoins are usually speculative money so experienced traders in the crypto market often speculate at this stage because they out of stock already.
2  Alternate cryptocurrencies / Altcoin Discussion / WHY IS ZK SO HOT? on: February 24, 2023, 12:27:32 AM
These days, the keyword zk is hot again thanks to CZ, everyone who hits zk will fly Smiley)) By the way, the market sucks a little, I have a chance to find out about this.
It's a bit late in the trend, but Vitalik also said that zkRollup will dominate the L2 game, so the game is still long.

In this post, I just share the good things I found out, if I'm wrong, please comment. Basic will include:

  • Distinguishing the secondary ratio named zk
  • Why Vitalik follows the bulls zkRollup


What is ZK (OR ZKP), ZKEVM, ZKROLLUP?
At first, I thought this new one was 1, but after seeing it for a while, I saw it differently. Style: zk and the rest =)).
Evaluations of the definition are:
  • zk (Zero Knowledge) is a cryptographic technology that only proves something without having to show what it is. For example: I can prove that I am over 18 years old without showing my ID card (maybe going to a bar for example).
  • EVM (Ethereum Virtual Machine) - Ethereum virtual machine. When the blockchain is built to be EVM-compatible, it means that it is compatible with Ethereum. Developers can copy project code on Ethereum across the blockchain without much editing.
    • Rollup: A technology used to develop L2.
      → zkp: Zero Knowledge Proof Technology.
      → zkEVM: Blockchain compatible with Ethereum using Zero Knowledge technology.
      → zkRollup: L2 Rollup mechanism combines ZKP.

    Therefore, if you see the word "zk", it is not sure that it is L2, it could still be L1 like Mina Protocol.

    WHY VITALIK THOUGHT ZKROLLUP AND L2 WINNERS?
    This one has to ask the question "How many L2 guys are there", because there must be at least 2 L2 guys together to create a war.

    The most popular today, there are certainly only 2 forms, zkRollup and Optimistic Rollup. This is also the L2 fight that Vitalik just wants to pursue.

    Accordingly, the first reason for scoring zkRollup is because users do not need to wait 7 days for the transaction to be confirmed.

    But why is there a 7 day number? Because that's the amount of time it takes the Optimistic Rollup to validate a transaction.

    The second is because zkRollup helps users not need to show proof and still prove the transaction. Going back to the original example, you need to show your ID to prove you are over 18 years old, but then what if a bad guy steals information?

    However, Vitalik also thinks that because it is easier to build the project, the Optimistic Rollup will win in the short term. But that was before zkEVM was born.

    Now zkEVM has made it easier for developers to deploy projects without learning a new language.

    But in zkEVM alone, there are dozens of other types, such as:

    • Fully compatible with Ethereum
    • Compatible with EVM
      • Almost like compatible with EVM
      • Compatible with high-level programming languages
3  Alternate cryptocurrencies / Altcoin Discussion / Discussing the upcoming market on: February 22, 2023, 08:26:40 AM
Some growth drivers for the market in the near future:

👉 Ethereum with Shanghai update
👉 Liquid Staking market expands after Shanghai
👉 Starting from Stablecoin & Liquid Staking projects, Curve, Convex Wars return
👉 Arbitrum Eco

ANYTHING ELSE ?
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