MSc. in CS & Physics
#InfoSec#Gym by day
#Crypto#Dev#Trading enthusiast by night.
Took part in this degen game, now let's win.
My posts are NFA. Study $SUI
Hold on... unpopular take in 3..2..1..
The recent allegations of Epstein being heavily involved financially in $BTC's core development along with its sharp price decline can, and will inevitably shake convictions. After all, $BTC was only carried this far from being widely accepted as the digital store of value, and a strong hedge against inflation.
> Store of value? Now tainted with the infamous pedo ring of powerful individuals...
> $BTC from a tech perspective? Slow, expensive tx fees, no smart contracts or dApps: outdated dino coin.
> Hedge against inflation? Tech stocks have been outperforming it lately, and its diminishing returns will make it less attractive over time.
Don't get me wrong, $BTC did its part bringing the Blockchain tech and crypto into the spotlight.
With all the builders, the stables' integration into the real world, the DEXs, the hot AI narratives to come (e.g., x402): Crypto is not going anywhere, and stables sitting on the side are not going anywhere either.
Yes, historically, $BTC's downfall always preceeded a sharp decline in altcoins' price.
Yet, this cycle has been like no other.
Now, taking into consideration:
> Loss of trust in $BTC
> No alt season
> New ETFs for utility tokens every month
> QE in December
> Institutional adoption
AND keeping in mind the potential upside for Crypto:
- Real estate has a total mcap of $350T
- Stocks: $128T
- Gold: $28T
- Crypto: $3.3T
What do you think happens soon?
The altcoin market is severely undervalued in regard to others, and it's about time $BTC money starts rotating, and it's about time we hear CT mentioning the "flippening" again.
Below is a screenshot of utility tokens: top 10 excluding $BTC + $ETH + stables.
Currently retesting a (very early) exponential trendline, with timeline extending from 2018 to 2025.
No guarantees this support does not break momentarily.
And call this delulu, call this hopium, but there are plenty of good reasons for it to reintegrate, or simply bounce from here ๐ซก
Come on man... You're being unfair this one time. You guys do nothing but complain about the eco when yes there are cons, but so many pros you're ignoring that other wallets don't have.
Supports twitch and gmail for account creation...
The interface for all major SUI apps is neat... see how easy that is to transfer funds from one wallet to another, there is even prior validation that the address exists! And for god sake, f-ing Slush links! These are awesome. Who else does them? Absolutely nobody. In fact, I can't comprehend why nobody else came up with a similar concept on other chains yet. Apart from the annoying "refreshing, need to wait 10s" issue and the ads that come and go once in a while, it's incredibly easy to use in comparison to other products.
@SabiFootie @suilanasensei We don't know, it just does not make sense in comparison to some of the dino coins with zero innovation/development. That's crypto. It'll get repriced one day.
@KazuaTrading @Kylechasse Astounding how nothing you just said is correct.
Sui was launched in May 2023.
And it is one of, if not the most technologically capable L1 on the market. What are the better options?