Bitcoin Bottom Signal Series.
A thread of on-chain signals which suggest the Bitcoin bottom is in, or very close. In my opinion, these are the most important on-chain metrics today. Based on Bitcoin's 13 year history, they are telling me this is an extraordinary opportunity.
Goldman Sachs paper puts #Bitcoin in a category of its own as a Store of Value (ETH solely a utility token).
Also acknowledges Bitcoin’s increasing role as collateral in financial transactions, and its tremendous growth potential, knocking Gold out of the park.
@AlexEpstein@AlexEpstein So is your position that loss of plant and animal life is of little or no consequence, provided humanity is better off? Not saying it's right or wrong, but just trying to understand your official stance on the non-human aspects of the planet.
@realSelvam @Grayscale@Sonnenshein LMAO they're not giving up the commissions unless Grayscale get sued themselves for perpetuating billions of losses to investors suffering the 34% discount!
@realSelvam @web3max@CraigSalm@Sonnenshein Simple... The longer they draw this out (on the pretext of waging this noble war on the SEC) the more they fill their bags brah...
@Trezor there seems to be a recurrent issue with replacing ETH transactions and the error message "Not enough funds" even when there is sufficient funds. Can you please help??
#Bitcoin is solving the problem of the world's money.
The rest of crypto is trying to solve the problem of middlemen and parasitic rent-seekers.
The former requires nation state censorship resistance. The latter does not.
Goldman Sachs paper puts #Bitcoin in a category of its own as a Store of Value (ETH solely a utility token).
Also acknowledges Bitcoin’s increasing role as collateral in financial transactions, and its tremendous growth potential, knocking Gold out of the park.