@Juan_Web3 Que intenten secuestrar a alguien, no lo consigan y esto sea noticia es el colapso de Europa? Pues no estás perdido tú...! Hay que viajar un poquito mas
@HockeyClubLiceo Creo que tendríamos que replantearnos los plásticos verdes que se dan a la afición para animar. Es muy contaminante y no debe ser buen ejemplo para los niños.
I want to take up this tweet of mine from yesterday to explain once again some things that many are not understanding
1️⃣ I think @realio_network is one of the few Layer1 present that has one of the lowest APY (currently around 4%)
- As of today, the sell pressure from people staking or having a validator node is almost zero because the APY is so low that it has almost no impact on the price
- For this reason, as I have already expressed, I am in favor of the governance proposal made because if in the next few months new RWA tokens are issued on realio network and these are put into stake (to protect the network) the APY will drop even more and I repeat I have never seen a network with such a low APY honestly. It will always be more expensive to keep a node running even if the price of RIO were to rise
- With the new tokenomics I think the APY could go up to around 10% max which would bring the APY to be similar to that of other Layer1
2️⃣ What in my opinion was not good was the timing of this proposal because I repeat to date the network has only RST and LMX as RWA assets and this choice could have been made simply even in a year without problems
3️⃣ As for the FUD about the alleged ETH bridge by the team on Discord, it has already been made clear several times that this is bot arbitrage and that's it so stop with this useless FUD
In my opinion it is normal that the price of $RIO is feeling the effects of all this now, but it was more than normal. Those who want to sell are selling and many have already done so, while those who want can see this as a great opportunity to accumulate $RIO at discounted prices, hoping that in the meantime everything can end and we can start again
Lastly I would like to ask the @realio_network team and the #CEO @derekboirun and also @romeiroE to be more communicative especially in moments like these where FUD takes over because remember that $RIO has one of the largest communities and DESERVES RESPECT
👑 Quick Market Update 👑
I have just come back from my family vacation so have been slightly vacant from X. Now I’m back.
I am still very bullish on #Bitcoin and #Crypto in general. It looks like we are NOT going to have an early top and left translated cycle. That means we will likely follow something close to the 4 year cycle topping out in mid or the latter part of 2025.
We have had a total of a 32% drawdown and a long consolidation period of 170 days. My guess is that once we enter Q4 (Oct-Dec) things will starting heating up for both #Bitcoin and #altcoins.
As you all know I wrote an article supporting the possibility of a summer rally. It seems I was wrong on that call but we still have remained in range and reached 69k in August so not too far off my prediction of 80k in August.
That being said I think Bitcoin will start to attack its ATH in Q4 and run away from it causing the ‘mania phase’ which will in turn allow alts to rip hard to the upside.
In relation to altcoins I see BTC.D at about 58/60% before alts begin to rip. For me that puts #BTC around the 80k mark for the beginning of a mania phase. At 58/60% BTC.D will start to fall off a cliff then the good alts will start to out perform Bitcoin considerably IMO.
Bullish Factors:
1. BTC still holds well on the monthly chart and bulls have stepped in at 50k and above.
2. The large shadow (wick) on the monthly chart is a sign of strength.
3. The miners have completely capitulated and the hash-ribbons are coiling.
4. Major institutions are now buying BTC.
5. We have only seen the beginning of the ETFs.
6. The Germans have dumped their BTC.
7. The MtGox holders are not interested in selling.
8. We are exactly where we should be in the cycle.
9. Global Liquidity is close to breaking out.
10. 16b in user funds from FTX are being credited in September/October/Nov.
11. The possible TRUMP admin are bullish crypto.
12. BTC.D is still very high.
13. All indicators suggest we are nowhere near a top.
14. Onchain isn’t indicating a top.
Bearish Factors:
1. The economy is fragile and the JPY carry trade is worrying. Just the other day we saw how things can turn and turn quick. If there is a meltdown BTC will be the first to feel the pain. That being said the JCB have said they will not fuck with IRs until next year to allow stability.
2. The Harris admin coming into power. I honestly don’t know what their position will be on crypto as they haven't pinned their colours to the mast as yet. However, to win votes she might u-turn to pro-crypto (let’s hope so).
3. War in the middle east is possible atm. Iran are on the brink. This is worrying. However, commodities generally do well in such environments. The only issue we have with this though is BTC is being considered a ‘risk on asset’ atm not a commodity.
4. The Biden admin selling Silk Road BTC.
All in all I think the bullish factors outweigh the bearish. I still remain in full position and remain positive. It may take some mire weeks of consolidation before we start pushing above 74k but I’m cool with that.
Any moves lower are an opportunity. Remember every September after a halving has always historically been a good entry point (see chart).
I will follow up with some charts etc but the above is my general position. Patience.
End.
Do you want to see $RIO listed on Binance?
Let's LIKE and RETWEET this post so they know we are serious.
@realio_network is a leading #RWA project everyone is talking about.
@binance