GabrielDuarte.eth

#Bitcoin #Ethereum #Web3 #NFT

[GabrielDuarte.eth @Gabrielmakako]

@andresanchez63 Oportunidade aí pra você ganhar dinheiro

[Willy Woo @willywoo]

This is one way of visualising maximum pain.

[Will @WClemente]

Lower Bitcoin price, higher hash/difficulty, and higher energy costs have put serious pressure on miners margins. Hashprice is now its lowest since October 2020.

Hash ribbons have crossed (bot. left), indicating machines unplugging + Miners sending BTC to exchanges. (bot. right)

[Will @WClemente]

Bitcoin sits below its 4-year trend for just the 3rd time ever.

Previous two occurrences: Bottom of the 2015 bear market and March 2020 covid crash

[PlanB @100trillionUSD]

And there it is: dark blue (70% below ATH)!
Most indicators (S2F, RSI,200WMA, Realized etc) are at extreme levels. Does that mean that all indicators are "invalidated" "debunked"? No. Investing is a game of probabilities and indicators give situational awareness: BTC is oversold.

[PlanB @100trillionUSD]

#bitcoin May close $31,762 .. lowest monthly close since Dec 2020

[PlanB @100trillionUSD]

#bitcoin $29K, feels similar to 2015 and 2018/19 (blue)

[PlanB @100trillionUSD]

Original 2019 $55K S2F model seems to fit better than later $100K update. Interestingly a refit based on 18m average S2F ratio and 3 yrs new data confirms the original model. The bad news: $100K was probably too high. The good news: model still points to $500K after 2024 halving.

[Will @WClemente]

Magical lines

[GabrielDuarte.eth @Gabrielmakako]

@nano died

[GabrielDuarte.eth @Gabrielmakako]

cycle1 / cycle2 / cycle3 / cycle4?

[GabrielDuarte.eth @Gabrielmakako]

Panic? capitulation?..... where?

[Willy Woo @willywoo]

PoW is the only known way to digitise real world value (energy) WITHOUT trusting someone.

PoS distributes wealth according to the founder's wish. Enough of a stake and you get to control the network.

I think PoS has its place for some applications, but never as hard money.

[CZ 🔶 BNB @cz_binance]

Personal opinion. NFA.

This won't work.
- forking does not give the new fork any value. That's wishful thinking.
- one cannot void all transactions after an old snapshot, both on-chain and off-chain (exchanges).

Where is all the BTC that was supposed to be used as reserves?

[Toxic Skulls Club @ToxicSkullsClub]

CHAMBERS!

A utility created to reward our holders with airdrops, access to alpha channel and more! Best part your Skull doesn’t leave your wallet!

The breakdown is in our latest announcement on our Discord!

https://t.co/jsjLDAHCcf

#ToxicSkulls #ToxicSkullsClub #ToxicChambers

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Emirates Airline confirms it is exploring accepting #bitcoin as a payment option for future use ✈️

[GabrielDuarte.eth @Gabrielmakako]

touched twice in history on rsi 43 monthly 👀

[GabrielDuarte.eth @Gabrielmakako]

👀👀

[GabrielDuarte.eth @Gabrielmakako]

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