Max Gician 🧙‍♂️

Here mostly for the crypto conversations

[Max Gician 🧙‍♂️ @maxmeilleur]

@airtransat nous vous avons acheminé une plainte le 3 mai dernier, suivant votre procédure (par courriel). Nous attendons toujours un accusé de réception - ça fait 8 mois !! Faut-il que l'on envoie une mise en demeure pour que vous nous répondiez? SVP aidez nous... Merci

[Max Gician 🧙‍♂️ @maxmeilleur]

@gatorsszn @toofighting It's not. Please learn to type the name of your next all star player! I'm from Quebec also. His name is Olivier, not Oliver @gatorsszn

[Paul Grewal @iampaulgrewal]

Privacy wins. Today the Fifth Circuit held that @USTreasury’s sanctions against Tornado Cash smart contracts are unlawful. This is a historic win for crypto and all who cares about defending liberty. @coinbase is proud to have helped lead this important challenge. 1/6

[matthew sigel, recovering CFA @matthew_sigel]

"ETH is an open-source app store"

We estimate ETH's price to hit $22k by 2030 in our updated base case scenario and explore optimal BTC and ETH allocations in both traditional 60/40 and crypto-only portfolios.
🧵

[Max Gician 🧙‍♂️ @maxmeilleur]

@CredibleCrypto Ignore the dumb heads. They are haters. We like your posts and alpha!

[Max Gician 🧙‍♂️ @maxmeilleur]

@Retired0nCrypto You're funny .. or grumpy ? Or both? 😁

[Max Gician 🧙‍♂️ @maxmeilleur]

https://t.co/niPC3uJEpu

[Max Gician 🧙‍♂️ @maxmeilleur]

@CryptoCred Love the finale! "That's all that makes sense to me. Good bye."

[Max Gician 🧙‍♂️ @maxmeilleur]

@Retired0nCrypto QQ on OBV, since you are the master of it... Which timeframe do you typically trust the most for it? When you see divs. 1h or 4h?

[Max Gician 🧙‍♂️ @maxmeilleur]

@Retired0nCrypto Agreed. If if can reclaim the 200d SMA like you said at 28$ AND the 30-31$ region, then we have a very nice false breakdown of a 4 months consolidation! Send it to what... 100$ you think? 120$?

[Sam Callahan @samcallah]

The IMF just published a paper on Bitcoin cross-border flows, and here are three major takeaways.👇

1.) The study provides evidence that increased Bitcoin activity occurs as investors move away from risk assets and supports the findings of other studies that Bitcoin can be used to hedge global uncertainty.

"An increase in the VIX is associated with higher Chainalysis inflows and outflows. This significant, positive response may reflect increased activity via the Bitcoin market as investors move away from risk assets."

This study shows that contrary to popular belief, individuals around the globe are treating Bitcoin as a "risk-off" asset rather than a risky one.

2.) The study concludes that people appear to be turning to Bitcoin to flee instability in their local economies and currencies and to circumvent capital controls.

"We contribute to this debate by providing cross-country panel evidence that off-chain cross-border outflows are positively correlated with a Bitcoin parallel premium, which we interpret as a broader proxy for exchange rate pressures, reflecting macroeconomic imbalances."

"An increase in the parallel premium is associated with higher LocalBitcoins outflows. This finding indicates that Bitcoin may be used to circumvent capital controls."

So people appear to be using Bitcoin just as it was intended to be used, as censorship-resistant money that can protect them from currency instability and government censorship/seizure. Nice.

3.) The findings highlight that Bitcoin flows are typically larger in emerging and developing markets, like Argentina and Venezuela, compared to advanced economies with sophisticated financial markets.

Countries with the largest Bitcoin inflows: Seychelles, Venezuela, Moldova, Venezuela, Nigeria, Central African Republic.

One possible explanation for the high inflows in countries like Seychelles and Moldova is the low taxes and light-touch regulations that have attracted crypto exchanges to their shores.

However, these countries are notable because many of them have high rates of currency debasement and economic instability, indicating that people are turning to Bitcoin as a safe haven asset.

Source: https://t.co/Uv7e5IRfC5

[Watcher.Guru @WatcherGuru]

JUST IN: Coinbase releases #Bitcoin halving commercial.

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Kraken releases new #Bitcoin commercial leading up to the halving 👀

[Max Gician 🧙‍♂️ @maxmeilleur]

Can someone please send an ambulance to $ARB? It's been down 13 weeks in a row v. $BTC.
Thirteen. 1-3.

[Max Gician 🧙‍♂️ @maxmeilleur]

@CryptoPoseidonn Def!

[Max Gician 🧙‍♂️ @maxmeilleur]

@ColdBloodShill I'd buy the book. I'd buy the audiobook faster.

[Max Gician 🧙‍♂️ @maxmeilleur]

It is not easy to understand what has recently been happening in the world of #Bitcoin. To discuss it, let’s imagine instead that what happened to Bitcoin happened instead to #Tesla.
https://t.co/X8hwnuzM4U

[Max Gician 🧙‍♂️ @maxmeilleur]

@AltcoinDailyio Same gif with EOS, NEO and others last cycle. "But Ethereum is so slow! It will die!". Yeah...

[Brian Quintenz @BrianQuintenz]

Reminder:

1/ When the SEC allowed ETH Futures ETFs to trade on its regulated security exchanges, it explicitly acknowledged the status of the underlying, ETH, as being a non-security and outside of its jurisdiction.

[Max Gician 🧙‍♂️ @maxmeilleur]

@CryptoPoseidonn So $ARB won't drop as much as $ETH.