VirtualBacon

Crypto and macro in plain English. Every day: the levels I am watching and the positions I actually hold. No hype. Livestreams Mon-Fri.

[VirtualBacon @virtualbacon]

@birmeya Honestly speed was never my issue with it, the slippage was. A fast bridge that still costs you a lot per swap doesn't help much.

[VirtualBacon @virtualbacon]

I said on stream yesterday that FOMO is a really good mobile crypto app with very high slippage. Today it says its new bridge finishes cross-chain swaps in under a second. If that's true, that's the right fix

[VirtualBacon @virtualbacon]

Source: https://t.co/DdI1nJqd3W

[VirtualBacon @virtualbacon]

@misterrcrypto Three Octobers is a tiny sample to call a whole quarter on. Coming out of a bear market I care a lot more about price than the calendar.

[VirtualBacon @virtualbacon]

@EthoChain Zcash is one I actually hold. Every big hack makes the case for privacy a little easier to explain to normal people.

[VirtualBacon @virtualbacon]

@Cointelegraph Bitcoin. Boring answer, but the boring one is usually the one that actually gets you there.

[VirtualBacon @virtualbacon]

@SaladinNYC Not a contradiction. No alt season to wait for means alts move now, in this first wave toward 90K. The new Bitcoin high is the later wave, probably next year.

[VirtualBacon @virtualbacon]

When does Bitcoin make a new all-time high? I see three waves: we're in the first one now, a push toward 90K then a correction, and the new high comes next year, probably the second half. And there is no altcoin season to wait for.

[VirtualBacon @virtualbacon]

If you truly think I'm always wrong about Bitcoin, just counter trade me

[VirtualBacon @virtualbacon]

I don't share my meme coin buys because I'd end up as the exit liquidity

[VirtualBacon @virtualbacon]

Is it the right time to buy altcoins, or should you wait? My answer: I'm buying. Bitcoin's bull run is confirmed, altcoins pulled back after their first rally, and Bitcoin just finished its dip.

[VirtualBacon @virtualbacon]

I run like 100 AI agents a day on this machine. So when a coin pitches itself as an AI agent coin, that means nothing to me anymore

[VirtualBacon @virtualbacon]

I'm the most bullish on altcoins I've been in four years. Altcoins are still near their floor against Bitcoin, and the Fed balance sheet has been rising again since last November.

[VirtualBacon @virtualbacon]

When the daily Bitcoin chart looks messy, check the three-day. Since the 58K low, it's three clean sets of higher highs and higher lows. No question it's an uptrend

[VirtualBacon @virtualbacon]

Inflation and debasement aren't the same thing.

Inflation is prices going up. Debasement is the dollar itself losing value as more of it gets made.

Bitcoin is priced in dollars and has fewer than 2 million coins left to mine. That's why I'm bullish on it long term

[VirtualBacon @virtualbacon]

@1PeanutGallery2 Not worried. My levels are simple, 78K to 76K, and the closer it gets the more I buy. This correction might bottom around 78 or might already be over. I still see 90K by the end of the year

[VirtualBacon @virtualbacon]

Selling is one of my weak spots because I'm so biased to be bullish on Bitcoin

[VirtualBacon @virtualbacon]

@CoinDesk @SoFi So it's basically stablecoin yield with FDIC insurance on top, from a real bank. That's the version a lot of normal people will actually be comfortable using

[VirtualBacon @virtualbacon]

I asked my AI stack to create wallets and farm crypto airdrops for me. Every model refused, and it's not even against the law. So apparently you have to run your own models locally

[VirtualBacon @virtualbacon]

@JezzaBTC Fair, safest compared to other alts, not safe. And yeah it's not a good-week move, it's an end of cycle one. It needs Bitcoin to do its 2x first