Obsidian

Researcher//Investor
cutting edge technology, startups, digital facilities, business solutions, crypto and forex

[Obsidian @ObsidianSAC]

🔎 Analysis of $ERG – Thread🔎

🧵1/24 Prolog:

In this thread, I'll conduct an in-depth analysis of the #Ergo cryptocurrency and ecosystem.

My insights are based on extensive data analysis, market sentiment, historical price performance, and personal experience.

Lets start. 👇

[Obsidian @ObsidianSAC]

@a_free_will86 @ergo_platform @RomanReher 🤣🔥

[Obsidian @ObsidianSAC]

@a_free_will86 @ergo_platform omg biiiig, team ist am start?

[Obsidian @ObsidianSAC]

@RomanReher @a_free_will86 @Kevkev_91 @Justin_Bons @blocktrainer Bei allem Respekt vor @RomanReher und seiner Arbeit für die Zukunft des Werterhaltes, glaube in der Tiefe kennt sich @a_free_will86 schon noch etwas besser aus. ^_^ Aber so ein Lapsus kann in der Frequenz der Diskussionen auch den besten passieren.

[Adi @TradebyAdi]

$EU 2 RR

- Market Maker Sell Model
- Initial Sell Side Liquidity Targeted !
- Shared on Discord !

[@aahan_prometheus @AahanPrometheus]

Global Bonds > US Bonds
Tech + Industrials > Energy + Homebuilders

[Charlie Bilello @charliebilello]

The US Bond Market has now been in a drawdown for 58 months, by far the longest in history.

https://t.co/l5IYmkeySJ

[Obsidian @ObsidianSAC]

@Q8638042521 Yeah, 1 & 2 already hit, 3 & 4 will follow. I will update when the move is done.

[Obsidian @ObsidianSAC]

Nice and clean impuls for this coin.

Check my write-up from August for more info on #Ergo.

Manage your risk and take profit where its due.

Happy trading.

https://t.co/Grcc2njqbN

#cryptomarket #trading

[Obsidian @ObsidianSAC]

🔎 Analysis of $ERG – Thread🔎

🧵1/24 Prolog:

In this thread, I'll conduct an in-depth analysis of the #Ergo cryptocurrency and ecosystem.

My insights are based on extensive data analysis, market sentiment, historical price performance, and personal experience.

Lets start. 👇

[Obsidian @ObsidianSAC]

@WhatTheFinance9 @ergo_platform An interesting article and a viable point to discuss.

Clearly the lack of competition in the field of data aggregation hinders innovation and access of liquidity in the young crypto industry.

@business @Mobius_Inc @Yodlee This might become interesting for you.

[Obsidian @ObsidianSAC]

@MasonVersluis Accumulating from 1.15$ downwards.

[Obsidian @ObsidianSAC]

@Justin_Bons @hggnooo There must be an argument for any network to attract participants.

A centralized entity can only attract newcomers via payment (since these new participants are not willing to be underprivileged de facto).

Which way do you see to "become more decentralized with scale & time"?

[Obsidian @ObsidianSAC]

@Bitpanda @Ergo_Platform Leise, konstante und gründliche Entwicklung.

Beobachte Ergo jetzt seit paar Monaten aufmerksam und bin zunehmend begeistert.

Erinnert mich an eine wilde Mischung aus Bitcoin und Linux. 😄

Hier gibts einen umfassenden Analysethread:

https://t.co/Grcc2njqbN

[Obsidian @ObsidianSAC]

🔎 Analysis of $ERG – Thread🔎

🧵1/24 Prolog:

In this thread, I'll conduct an in-depth analysis of the #Ergo cryptocurrency and ecosystem.

My insights are based on extensive data analysis, market sentiment, historical price performance, and personal experience.

Lets start. 👇

[Obsidian @ObsidianSAC]

Nice EUR/USD play here.

Strategy: Support at 1.087 for 1.0961

Short-term view:

EURUSD support comes in at 1.087 MACD and RSI have a bullish bias. Hence, we see a bounce to 1.0961 enter at 1.09. Below 1.087 to open 1.0818

Happy trading.
#forex

[Obsidian @ObsidianSAC]

@LFC_AfricanGems @Sigmafi_app Thats a fair point, thank you for outlining.

I am not tech savy enough to understand the risk potential between oracles and smart contracts but i understand that wrong oracle data can be used to hack a digital contract.

Therefore, security is more important than convenience.

[Obsidian @ObsidianSAC]

🔎 Analysis of $ERG – Thread🔎

🧵1/24 Prolog:

In this thread, I'll conduct an in-depth analysis of the #Ergo cryptocurrency and ecosystem.

My insights are based on extensive data analysis, market sentiment, historical price performance, and personal experience.

Lets start. 👇

[Obsidian @ObsidianSAC]

@LFC_AfricanGems @Sigmafi_app Can you clarify what you mean with more attack vectors?

How would a liquidation mechanism negatively affect my security assumptions as a lender on this dApp?

Thanks for the feedback.

[Obsidian @ObsidianSAC]

@SoareDragosMih1 Hello, thanks for the comment.

Price is just the expression of opportunity.

Pricing will eventually gravitate towards the intrinsic value.

But in monopolized markets, it takes a lot more time and can deviate a lot more than in free markets.
👋

[Obsidian @ObsidianSAC]

@LFC_AfricanGems @Sigmafi_app Hello, thank you for your comment.

I saw this dApp and understand the idea for a grassroots-oriented economy. But for a meaningful lending ecosystem, potential liquidation is a necessity.
😉

[Obsidian @ObsidianSAC]

@4552474F Thanks for your comment.

VC money can help to ignite greed in the market shortterm, but it cannot ignite trust longterm.

And all longterm success stories in the financial industry follow trust, not greed. 😉

[Obsidian @ObsidianSAC]

@CryptoDomF Thank you. :)

It was not that much, most data is very accessible.

There are way worse projects to research.

😌