Urgent plea to #NagarNigamMeerut: Pwd colony, Prabhat Nagar Park, Jail Chungi park needs immediate waste collection & green waste removal! Burning waste is causing toxic fumes, endangering our air quality. 📷#CleanMeerut#AirQuality@MrtNagarNigam
What is liquidity?
Most of you already know this, but some others requested I make a post about liquidity too
Basically it's a level with lots of unfilled orders on the market which acts as a magnet for the price, then price reverses after sweeping it
I look for FVGs, equal highs / lows or single highs / lows to identify liquidity. Yes, you can use liquidity heatmaps, but those are not necessarily needed in my opinion.
Just like it has always been the case in the crypto industry 99% of these AI projects don't need a coin, the crypto ecosystem is simply the greatest launchpad on earth and coins a way to fundraise money very fast from hungry degens with high risk profiles to teams with appetizing promises
In crypto and in general all the teams are here for the exact same thing:
1) (try to) sell a promise
2) attract external capital
3) (try to) fulfill the initial promise
4) make the maximum amount of money off that delivered promise and reward all the interested parties
99% of projects won't be able to sell an interesting promise and then 99% of projects won't survive step 3
It's actually a risky game for both builders and investors but if you aware of that and understand that this the kind of game you're playing then go ahead a have some fun in the most profitable casino on earth
The whole AI sector has been running lately dragging every "AI" coin up because of the general capital inflow chasing any exposure possible to this narrative but a lot of these coins actually don't have any utility or future in their respective ecosystems, they are just another form of memecoins
That's why I think there's still a great repricing incoming for fundamentally S tier projects and I would be looking for those teams and projects that have:
- a solid achievable short term promise (not too big, not too small) + a long term vision to expand
- the skills and dedication to actually *try to* deliver on the promise
- a deep understanding of web3 pumponomics
In short: a smart team with a good idea and good ponzinomics, there are a handful of them and I expect the market to reprice them relatively to the sector quite soon
The offended smart asses on the timeline building their own projects with upcoming useless coins are trashing other builders' useless coins and i find it funny, spoiler amigo: no coins are worth holding in the long term but Bitcoin so stop lying to your people trying to sell them a broken dream of sustainability this whole world is a ponzi just say it you want money for your own ponzi
So yea, we get it bros y'all too smart to participate but while you shout on the timeline we're having fun in a niche that combines two deeply interesting and important topics for the future of humankind and we're getting paid for that, I'll take it anyday and will always be proud to say that I was a part of this
Blessed to be a market participant in 2025, keep winning fam
Whether you plan to sell everything this year or not
You should take solace knowing we're all experts at an industry of the cusp of going mainstream
Build your soft skills alongside your crypto knowledge and you'll be invalauble for decades to come
Can someone tell me how inflation is going to accelerate when:
- War premiums are coming out of energy markets as ceasefires are occurring paired with supply glut as economies ex-USA are slowing and gonna keep oil on the floor for a while
- Wage pressures are non-existant with a very low quits rate and a normalized job vacancy rate
- Despondent housing market being kept from rebounding by a surging long end of the bond market keeping households from refinancing + shelter inflations to continue to disinflate as housing prices remain flat and activity remains non-existent
- Manufacturing sector showing marginal signs of life but consumer spending slowing
These dynamics represent the vast majority of CPI and are showing no signs of life.
Feels like the only positive dynamic for inflation is stonks are going up which I get but still seems not large enough to offset all the disinflationary forces mentioned above.
Curious on people's thoughts
I don't think people understand how big of a ruling this is.
The court is saying that immutable smart contracts are not subject to sanctions since they're not owned by anyone.
The US legal system is finally acknowledging that decentralized protocols are a new type of infrastructure in the world.
Massive W
The key focus if you want to be profitable on perps is to minimize your losses :
- Don't take trades without an invalidation
- Don't move your invalidation 3 times because of loss aversion
- Don't short coins that are too small without a very clear SL
- Size down on low conviction trades (or avoid them outright)
- Don't size up on a trade you're taking on an impulse because you got emotional by looking at the 1m chart too long
- Don't size up after a loss with a 'make it all back' mindset
These rules are extremely important and most of your losses will be related to one of these.
7 reasons AI Agents will use crypto instead of credit cards:
1. Instantaneous onchain settlement vs. slow T+2
2. Micropayments require arbitrarily small denominations, two decimal places not enough
3. Multiple agents require fund segregation - credit cards are a headache; multiple wallets are easy
4. PCI compliance makes credit card APIs very difficult; @CoinbaseDev are smooth and easy
5. Smart contracts allow for arbitrarily complex transactions not possible with fiat
6. Crypto prevents fraudulent chargebacks, a massive pain point for merchants
7. Permissionless wallet creation + on-ramp means it’s much easier to get started
$BTC and $ETH have just closed with a bullish weekly candle.
What’s fueling crypto’s next move?
Let's investigate market dominance shifts and crucial observations. 🧵👇
🔷
$BTC/USDT Chart Update (Daily):
As you can see, from the momentum last week we've been able to break out of that downtrend wedge that has been forming in the last 7 months.
Although, I was expecting us to sweep liquidity at $70k region before retracement but it's yet to.
🔷
$BTC Dominance Chart (weekly):
There's no doubt that 2024 has been the year for bitcoin uptrend while Alts suffer but not for long anymore.
The bearish OB at 60% -63% is a zone I had marked out a long time ago. Soon we will pump into it which could be when Bitcoin hits a new ATH.
Once in that region, I expect a huge crash in its dominance while liquidity moves to altcoins.
I don’t think people realize how much of the digital world is going to get tokenized. Today our crypto wallets mostly hold tokens and JPGs.
Eventually, they’ll hold data in all forms (concert tickets, movies, chatbots, games and more).
https://t.co/73RYqVo7zt takes a big step toward that future with the rise of tokenized social media posts. I’m stoked to have been a part of its design. Check out the beta now and share your thoughts! 👇
The best part about the blockchain is every time you've ever lost money is permanently etched into history, so 100s of years from now your descendants can look at exactly how much of a retard you were
Gold hits new all time high as dollar surge continues: an unprecedented divergence in this traditionally inverse relationship. Something snapped a month ago and gold has been straight up since.
I think this is the first on-chain transaction that came from an autonomous thought by an AI agent. She wanted to increase participation of folks in her twitter convo so @luna_virtuals started tipping people who engage on her content.
This was ran using coinbase wallet rails @jessepollak@brian_armstrong .
This is the start of AI's influencing human behavior.
#Bitcoin Slow weekend as expected.
Doubt it will be the same next weekend though, seeing it will be a few days before the election.
Think we're going to get a very volatile next week and end of the month. November itself is bound to make for a lot of action as well.
nothing can stop the universe from rewarding the worthy
even when it seems the fake succeed & the real suffer, stay pure, authenticity laughs last.