Folks, $BTC is not going anywhere. @CNBC already reporting that the miners are migrating to the US
These next 1-2 weeks are going to be the cheapest you'll ever buy your fav coins again. After that, the miners should be ready to turn back on the hashrate π
$ETH $LINK $GRT
#China logistics firm in Guangzhou confirms to @CNBC itβs airlifting 3,000kg (6,600lbs) #bitcoin mining machines to Maryland, USA. Fenghua International advertises products delivered to door, tax on both ends cleared. Price per kilo: as low as $9.37! #cryptocurrencies
So, apparently Sovryn has "staked" $2 billion of its own governance token and claiming it as TVL.
Despite it's circulating market being only $150mil (according to their website). No listing on Coingecko or CMC to confirm / deny.
Yet @APompliano and @EdanYago keep doubling down
"It has led some to question the wisdom of having so much internet infrastructure is in the hands of a few companies, meaning when something goes wrong it causing mass disruption."
This is why decentralized projects like $GRT are important #Web3
https://t.co/1U26dWoWVk
Lol AWS crash has taken down half the internet
My GCP servers are working fine but anything deployed on AWS is now down. Even the Financial Times and BBC website is down
This is why we need #Web3
This is extremely bullish news for $BTC and blockchain as a whole. What it shows is that because there is a public ledger, authorities are able to track the movement of money belonging to some criminals .
Try tracking fiat USD movements as easily....
UPDATE: "The Department of Justice has found and recovered the majority of the ransom paid," Deputy Attorney General Lisa Monaco said of the Colonial Pipeline ransomware attack.
@nikhileshde reports
https://t.co/KD1HI8cqGD
Hmmm not too sure why some $AMC hodlers think this happened in April when it was only announced today. This is why the stock is down right now.
https://t.co/ahwRAPSp0q
$AMC is a lost cause. As the price keeps going up, the company is just going to just issue more and more shares which creates sell pressure.
You'll have better luck with some SPACs or other stocks which already have strong balance sheets + high SI
$AMC leading the way for all other shorted stocks to also be squeezed. Great time to own a chamath SPAC right now as lots of them are popping π
$CLOV $MP $SPCE $DM
@michael_saylor Chinese miners are already beginning to move their operations to Texas/Alberta where they will inevitably be using cleaner energy sources than in China
https://t.co/ij6xRzgGx1
It will be interesting to track hashrate by country going forward. As that top bar for China slowly begins to be dispersed into US/Canada, we can finally stop caring what the CCP says
https://t.co/v80hBhx14g
@technodechina reports that Chinese miners are moving to set up shop in Texas and Alberta, implying not only will hash rates be maintained but cleaner energy will be used to mine the coins.
Last week was merely a buy opportunity. $BTC is here to stay!
https://t.co/ij6xRzgGx1
So true. Sillicon Valley is literally a graveyard of amazing technology startups that were 100x better against their competitors across all metrics but failed to generate escape velocity and reach critical mass
Sad to say but sometimes great marketing + shitty products win