Join 1.1M+ users on Silencio, i am loving it. Have over a 400 day streak! It's fun, promotes walking, and helps combat noise pollution. All while getting rewarded. #DePIN#Crypto
$SLC #Airdrops
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I understand the pessimism of people that are not at the coal face everyday. A few things:
1) We are in a bear market for BTC and a deep bear market for alts. Flare has been inline with this - evidenced through consistency in CMC rankings the entire time.
2) I made some projections for FXRP size last year that were based on Firelight fully launching early this year, together with institutional participation. Bullish markets are like oxygen in this industry - when markets are buoyant everyone moves quickly and deals get done fast but when markets are weak no one wants to spend money and making deals happen is like wading through tar. Both things will happen but the bear market together with a host of other things have made players in the industry move more slowly.
3) There is more going on with Flare than at any point in the past. There are more users and thanks to FSA far greater distribution. FXRP remains the standard by which to deploy XRP and earn on it. We hope to replicate the same with FBTC. Growth has been slower than desired but everything is in place for when the broader market turns around.
4) Internally we are getting far higher inbounds both for immediate FXRP usecases, enquiries around utilising FBTC and perhaps most interestingly - other uses that Flare can offer. People want to use Flare not just for FXRP & FBTC - there is real demand for its data and privacy capabilities. We are building things in response to demand in areas that we had previously dismissed as far too hard to compete in - directly led by demand. These things will consolidate Flareβs position as a superior data network and that of FXRP as the preeminent version of XRP across chains. Potentially this will also apply to FBTC.
5) From DeFi for non smart contract tokens, to data, to compute and privacy Flare offers one of the best platforms out there for building great things. We build for the future of finance and AI that is coming.
When the broader market turns around Flare will be very well placed to capitalise on it.
With FIP16 in place the benefits to the community of that turn around will compound far more.
https://t.co/9jpVvvDTct
@Hivemapper So this is why I haven't gotten any rewards since Feb π. Lame what a waste to have had bought original camera HDC-S. Be smarter to just buy $honey than a new bee camera with how cheap it is. But nah, why even pour any more money in to it. Bye π
@ShawnRouhani Pain in the butt. All of it. Pain goes back many years from Solo to Coreum to CoreX. But that's crypto π. The spread pricing on Uphold sucks too. But I still stick with them for some things. Thanks for sharing and time should come for RWA in due time including TX.
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@CredibleCrypto@asfxtrades Gives us something to do during the bear market π. For real, thanks for your insight! Always top notch πͺ. Manifest us a bull market π.
@elonmusk Or.....just ask Grok the same questions on my phone and not have to drive in a Cybertruck. And then...just not do it because I don't want to go outside.
Itβs really important to reduce social media consumption during the heaviest periods of bullish and bearish PA.
Every scroll will bring you a new form of analysis reinforcing the current direction of the candles and how it will proceed further.
You donβt realise how much that will influence your analysis.
Subconsciously, youβre storing it all and it will impair your view of the market.
Itβs hard to see clearly and identify potential turning points when everyone is seemingly confirming the best/worst.
Pay attention to this, you can often use it to your advantage instead of allowing it to weaponise against you.
You didnβt see any of what you see now at ATHs. It was the same severity, just pointing upwards instead.