Leonardo da Vintoshi

Freestyle chartist.

[Leonardo da Vintoshi @CrapeauCrypto]

@donalt I know you're not into the 4 years cycle thing, but wouldn't it be funny if we entered a 1 yr bearmarket right now after 3 yrs of up like we've been doing since 2014 ?

[Leonardo da Vintoshi @CrapeauCrypto]

@xSikorrX @donalt That is euros
Not usd

[Leonardo da Vintoshi @CrapeauCrypto]

@donalt Don keeping this thread alive for our enjoyment despite having to specify over and over it is upside down 😅

[Leonardo da Vintoshi @CrapeauCrypto]

@davthewave Well ok why not.
I'm curious about how you classify an idea as one or the other then.
What makes your lgc a model ?
Besides the fact that it hasn't been invalidated, which would be hindsight.

[Charles Edwards @caprioleio]

Every time the Bitcoin price has hit its Electrical cost in the past, it has been a generational investment opportunity. Without fail. This is by far my most trusted long-term Bitcoin metric because of this.

[rabbits @high_fades]

no it's not, there is no choice, if the fiat system collapsed tomorrow within days you'd give up billions in crypto just to feed your family. if anyone is serious about crypto as a game changer they'd be putting all their efforts into building the irl infrastructure that would enable people to buy a loaf of bread with it at their local store, everything else is just posturing and the desire to get rich, which ironically is a metric still calculated in fiat, because that's the only thing you can effectively spend

[Leonardo da Vintoshi @CrapeauCrypto]

@therationalroot As it corrects inflated marketcaps

[Leonardo da Vintoshi @CrapeauCrypto]

@therationalroot Agreed.
Why not use realized dominance instead ?
https://t.co/iQur3ysCjd

[_Checkmate 🟠🔑⚡☢️🛢️ @_Checkmatey_]

Reality check.

#Bitcoin dominance calc from market cap is bollocks. last traded price * supply is bogus

Realized cap values tokens at the price moved on-chain, filtering out founder coins, scams etc.

BTC Dominance🔴59% and rising, at multi-year highs (last was Dec 2017)

[Leonardo da Vintoshi @CrapeauCrypto]

@shoorty44 It was locally faster yes, but only lasted a few weeks.
I was talking about a more sustained trend.

[Leonardo da Vintoshi @CrapeauCrypto]

There is a limit to the pace BTC's runs up can withstand.
Should price go higher, this support line suggests it will need some time.
It can also help assess a concerning loss of mometum.

[Leonardo da Vintoshi @CrapeauCrypto]

@decentrader Their ideologies may be different, but regarding the usage ppl make of them, I'd say it's widely the same :
A store of value and a mean of speculation.

Same goes for most assets, ppl might have personal preferences toward some, but their main incentive is to make money.

[Leonardo da Vintoshi @CrapeauCrypto]

@SwellCycle Smart of you to ask this.
I unfortunately don't have a clue what this is about.
This is too deep onchain analysis for me.

[Leonardo da Vintoshi @CrapeauCrypto]

@bbelldressing Definitely not enough to go all in.
But interesting isn't it?
Like a haiku.

[Leonardo da Vintoshi @CrapeauCrypto]

$ICON has shown a peculiar habit of staying strictly inbound within a descending canal during BTC's bearmarket.
Only leaving it when BTC pumps after bottoming.
Note that ICON just broke it's canal upwards.

[Leonardo da Vintoshi @CrapeauCrypto]

@hcburger1's power law corridor looking as fine as ever .

https://t.co/CirOLa259c

[hcburger @hcburger1]

The rainbow chart might be dead, but the power-law corridor from September 2019 is alive and well. We'd have to drop under $13.7k now or $14.5k at end of year for it to break.

[Leonardo da Vintoshi @CrapeauCrypto]

@jespow Be aware that gpt answers are based on existing texts.
Which can be wrong or biaised.
As useful as gpt can be to help write a text, it shouldn't be used to learn about smth you're not already knowledgeable about, as there is no way to verify or source what it claims.

[Leonardo da Vintoshi @CrapeauCrypto]

@glassnode Great alpha as always 👌

[Leonardo da Vintoshi @CrapeauCrypto]

@vojtek_milan Yeah, now that you mention it, it never happened close to a top or a bottom, always continued the htf trend.

[Leonardo da Vintoshi @CrapeauCrypto]

@vojtek_milan 😅👌🏻