The way to understand the ZCash bug is it’s not infinite mint of ZEC itself. It’s more like the shielded pool (Orchard) could become insolvent. Think of it more like the KelpDAO hack for ETH.
Very little reason not to proactively unshield any ZEC today. Being early to the exit is always better in a bank run. Consider Orchard burned, and don’t re-shield until there’s a new pool with a clean history
When are we going to get a Roaring Kitty-type figure in crypto—someone we can ride with from the bottom to the top without dumping on their own community
vibe shift + tides turning + stars aligning + balls tingling + this time is different + supercycle (real) + beachball underwater + golden catchup trade + mental capitulation + what if we all made it + i hope i don't jinx it + manifesting ATHs please god please for the one time
Why is crypto not going up while everything is?
Because a large majority of you cunts spent the last cycle promoting garbage negative sum meme coins to newcomers
Now those people hate crypto and your meme coin is worth zero regardless while some scamming cunt drives a new lambo
Quantum is coming.
And most systems weren’t designed for the shift.
Upgrading cryptography at internet scale will be no small task.
Read more on how NEAR is preparing for the post-quantum era. 👇
bid the strongest coins when btc gets any semblance of a bid, if they are strong now lord knows what they will do when the broader market gets a bid.
some of the strongest liquid coins while btc has been freefalling as follows $hype, $zec, $near,
im sure theres more but these stick out to me
The only reason I short Bitcoin is because I’ve proven to myself that I can execute it well.
The profits ultimately rotate back into spot BTC.
HTF, nothing changes just because we’ve pulled back from 125s - its proven to be a bullet asset class that is known for deepish corrections.
The goal remains buying perceived value, wherever that appears.
I don’t view spot BTC through binary “bullish above / bearish below” levels - if the HTF bands show momentum then I want to flow in that direction - right hand side of the V.
Over the long run Bitcoin is an asset that I believe will continue going up and to the right.
As a trader, I’ll long discounts or short edge zones / hedge, but successful shorts simply become another way to accumulate more spot Bitcoin at perceived value.
Thats all there is to it for me- the bull/bear argument becomes irrelevant...
NEAR released something during a bear market which solved one of crypto's main problems - privacy
swap pretty much any coin to any chain - privately
how many charts look like this in crypto atm
even most perp dex metrics are trending down