This year there will be hundreds of L2s and L3s.
Next year maybe thousands.
Five years from now? Maybe two dozen at most.
Why?
Most of them aren’t any different.
“It’s an app chain for X”
That has no new features, no new tooling, no new purpose.
When incentives dry up, users leave unless there is actual value.
How to gain crypto followers FAST.
Just repeat the following:
- Bitcoin will be at $100,000 in 2021
- XRP will be at $500 someday
- Long Bitcoin, Short the Bankers
- Bubbles impossible in this new paradigm
- Bitcoin is the hardest money
Don't forget to spam this dollar chart.
I might be crazy but I think that people shorting 7800 (And there’s a lot of them) are going to have a surprise... Regardless, protect your longs, if the PA breaks certain levels I’ll definitely flip short! 🙌🏻 Stay sage and happy weekend.
Important message as we enter the next Bitcoin bull market:
- BTC is very volatile
- You can lose all of your money
- Only invest what is ok to lose
- Twitter is not investment advice
- Don't buy BTC with credit cards
- Keep low time preference
- Do your own research
🙏🏽🙏🏽
Bakkt has two futures contracts, monthly and daily.
The daily settles every day rather than once a month, with physical delivery in the Bakkt warehouse. It's the one you buy if you want to buy bitcoin and store it in a regulated warehouse.
Its volume is ... zero ... everyday.
Market analyst @CryptoMichNL spotlights @Binance IEOs this week, namely $ONE, $FET, $ERD, $MATIC, $BAND, which have recently seen some impressive gains https://t.co/rDwKOzTulQ
An interesting trend that I have started to notice is that, unlike 2017/2018, many 'altcoins' are beginning to have their main pair by volume turn to USD from BTC
I tend to chart tokens by their main pair, and up until now I never had to check as it was always /BTC
Remember the last few days being an up and down?
First bears gloating about their genius then bulls doing the same?
This is what it looks like on the 3-day chart.
Zoom out.
ICON (#ICX) partners with Trive. This will accelerate the development of new #blockchain projects from Southeast Asia onto the ICON network 🚀
#cryptocurrency#cryptonews
https://t.co/0GFVVuf91U
Finex has almost 2000 $BTC buy walls up to $7400.
Whenever I see huge buy walls, I get very cautious with my LONG.
Because normally it's a freaking trap!
Setting a tight stop loss here.
$BTC #Bitcoin
Downtrend since a year ago.
Bottomed out and in accumulation for almost 6 months.
+15% today.
It might finally be time for this monster to awaken.
#HODL