Hanuman

[Hanuman @CPC1236]

@RaoulGMI @threadreaderapp unroll

[nic carter @nic_carter]

I'm seeing on chain evidence of (unusually high) miner selling leading this last leg down. anyone else able to corroborate?

[Hanuman @CPC1236]

@jdorman81 @threadreaderapp unroll

[Jeff Dorman @jdorman81]

So what disproportionately benefits from a coordinated government/regulatory attack on miners/exchanges?

- #DeFi, especially DEX's
- Miners in other jurisdictions
- Censorship resistance storage / archiving (i.e. Arweave)
- Self storage/wallets
- and of course $BTC

[Hanuman @CPC1236]

@TheCryptoDog @kam_bitcorn Just do everything the Dog does and all will be well.

[Hanuman @CPC1236]

@CryptoMessiah Hopefully they're able to gather enough hopium from the OG's to go on. Not like it's not going way back up and probably very soon.

[Hanuman @CPC1236]

Signs were there... #Bitcoin #ethereum #crypto

[Hanuman @CPC1236]

@mudsak Gotta zoom ALLLLLLLLLL the way out 😂

[Hanuman @CPC1236]

Leverage really tanking things. Seems like it's been a negative factor for just about everyone. Just part of the deal now. All will be well in time. #Bitcoin

[Caitlin Long 🔑⚡️🟠 @CaitlinLong_]

Yep @jchervinsky—a group of institutional/#bitcoin investors had this very convo yest. The derivatives-driven volatility not only gives SEC an excuse as u say, but it increases cost of capital for the ecosystem &delays its mainstreaming. Prob no way to stop the crazy leverage tho

[NoSleepJon 💤⏩ @nosleepjon]

Why I’m still bullish:
$ETH EIP-1559 deflationary upgrade
$LINK $ETH Arbitrum layer 2 launch
$DOT $KSM Parachains, para-auctions
$UNI $ETH Optimism layer 2 launch
$ADA Alonzo smart contracts hard fork
$MATIC Ecosystem growth
$SUSHI Mirin v3 launch
All coming by end of summer.

[Hanuman @CPC1236]

@ksicrypto Seems to be the way. In my eyes, everything aside from BTC and ETH are risky long-term. Narrative of Ethereum becoming "ultra sound" money makes me wonder if there will be competition between the two, however. Going to be so interesting watching it all play out over the years.

[Hanuman @CPC1236]

@mudsak Pulling profits back into BTC seems like it might be the play...

[Hanuman @CPC1236]

Strong take, Mr. Dillon. #Bitcoin

[Tim Dillon @TimJDillon]

The Fed will now go to war with Bitcoin because they can’t use it to finance wars around the globe, or to bailout the companies of people who lost yachts in the recession.

[Hanuman @CPC1236]

@Tillosopher1 @saifedean @dergigi @timevalueofbtc @skwp @JeffBooth @threadreaderapp unroll

[⚡️Proud ₿itcoin Pleb⚡️ @Tillosopher1]

Books I read in the last 6 months:

The Bitcoin Standard - @saifedean
21 Lessons - @dergigi
Layered Money - @timevalueofbtc
Inventing Bitcoin - @skwp
The Price of Tomorrow - @JeffBooth
When Money Dies - Adam Fergusson

Currently reading:
The Fourth Turning - Strauss/Howe

[Robban ⚡ @RobertKorhonen]

This #bitcoin dip is basically a copy & paste of the 2017 bull run dip with a one day accuracy.

[Hanuman @CPC1236]

@dergigi @jordanbpeterson @Breedlove22 @aantonop @bitstein @eiaine @Beautyon_ @threadreaderapp unroll

[Hanuman @CPC1236]

Elon Musk is to #CryptoTwitter what Jake Paul is to the MMA community. This is a minor distraction in the grand scheme of things. All is well. If number doesn't go up today, it will again soon. BTFD and HODL!!

#bitcoin #Crypto #ElonMusk #dontfeedthetroll

[Hanuman @CPC1236]

@BitcoinActuary @michael_saylor @threadreaderapp unroll

[Hanuman @CPC1236]

@crypto_bobby 🤝