Discover and read the best of Twitter Threads about #BRRR
Most recents (5)
The #BTC 200D MA (200-day moving average of price) is an important level for understanding #Bitcoin.
I think the $BTC 2Y MA and its 5x multiple are more valuable long-term, but mid-term the 200MA is worth paying attention to.
Here's my perspective đ[THREAD]đ
I think the $BTC 2Y MA and its 5x multiple are more valuable long-term, but mid-term the 200MA is worth paying attention to.
Here's my perspective đ[THREAD]đ
From #Bitcoin's introduction in 2009 until its first halving, $BTC stayed above the 200D MA period until its first bear market period. The 200D MA served as resistance, but breaking above it led to prices higher than the 200D MA breakdown the previous year, signaling new đtrend
In the next #Bitcoin era, the first after the halving at the end of 2012, $BTC rose rapidly and parabolically, blowing off early and testing the 200D MA for support to continue the bull run. (cont)
[THREAD] â COMPRENDRE ET MAITRISER LE FOMO
Vous avez constamment lâimpression de passer Ă cĂŽtĂ© dâopportunitĂ©s ? Vous seriez prĂȘts Ă TOUT pour vous aussi toucher votre x10 ?
Congrats, vous ĂȘtes sur le point de cĂ©der Ă un biais cognitif bien connu mais mal maitrisĂ© : le FOMO.
đ
Vous avez constamment lâimpression de passer Ă cĂŽtĂ© dâopportunitĂ©s ? Vous seriez prĂȘts Ă TOUT pour vous aussi toucher votre x10 ?
Congrats, vous ĂȘtes sur le point de cĂ©der Ă un biais cognitif bien connu mais mal maitrisĂ© : le FOMO.
đ
Le #FOMO est la peur, l'angoisse Ă©prouvĂ©e Ă lâidĂ©e de rater quelque chose.
Quoi de mieux que les cryptos pour y ĂȘtre confrontĂ© ? đ
Un Ă©cosystĂšme plein dâopportunitĂ©s, profitant dâune croissance dingue, assaisonnĂ© par des rĂ©seaux sociaux inondĂ©s de gains stratosphĂ©riques...
Quoi de mieux que les cryptos pour y ĂȘtre confrontĂ© ? đ
Un Ă©cosystĂšme plein dâopportunitĂ©s, profitant dâune croissance dingue, assaisonnĂ© par des rĂ©seaux sociaux inondĂ©s de gains stratosphĂ©riques...
Entre la crypto qui s'envole #tothemoon sans vous, lâairdrop Ă 5 chiffres qui vous a Ă©chappĂ©, les forks $OHM dont tout le monde parle ou encore le groupe Discord que vous aimeriez tant intĂ©grer : nul doute sur le fait que le FOMO est plus que jamais un sujet dâactualitĂ© !
Kind reminder as weâre breaking ATHs there is absolutely nothing there. Crypto has one use case: #brrr hedge.
The decentralized pyramid scheme that is yield farming and Defi is a derivative of that. There is zero non-financial casino innovation SO FAR.
It ends with Fed printing
The decentralized pyramid scheme that is yield farming and Defi is a derivative of that. There is zero non-financial casino innovation SO FAR.
It ends with Fed printing
That can obviously change, but just keeping it real.
Oh - and Fed printing also may never end
The #Fed Playbook
Jul. 10, 2020
1/ The Fed continues purchasing treasury securities but swap lines and repo lending are down. That means another week of contraction of the balance sheet.
Down US$ 88 billion... but you can barely see it on the chart... đ
Jul. 10, 2020
1/ The Fed continues purchasing treasury securities but swap lines and repo lending are down. That means another week of contraction of the balance sheet.
Down US$ 88 billion... but you can barely see it on the chart... đ
2/ This balance sheet contraction is not a surprise though. It simply follows the end of the emergency measures. The same thing happened in 2008.
After that expect the #Fed to do more #QE and more balance sheet expansion. đ
After that expect the #Fed to do more #QE and more balance sheet expansion. đ
3/ And this is leading to nothing else but currency debasement.
From 1980 to 2019 the M2 money supply averaged a 5.85% growth every year with occasional spikes at 10%.
It is only July but already in 2020 the M2 money supply is up 20%!
#Brrr Thank you Chairman Powell...
From 1980 to 2019 the M2 money supply averaged a 5.85% growth every year with occasional spikes at 10%.
It is only July but already in 2020 the M2 money supply is up 20%!
#Brrr Thank you Chairman Powell...
True #DeFi #ecosystem development takes time, dedication and, most importantly, proper #Token incentivization methods.
Here's a thread from @shanghaipreneur about #crypto monetary policy
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The $FNX strategy to bootstrap network effects.
1/23
medium.com/finnexus/finneâŠ
Here's a thread from @shanghaipreneur about #crypto monetary policy
&
The $FNX strategy to bootstrap network effects.
1/23
medium.com/finnexus/finneâŠ
@shanghaipreneur #DeFi is a movement - the collective vision of everyone all over the world working feverishly towards bringing about a viable alternative to the global financial system.
After all, it's a #brrrrr #brrrr world and, for now, we're just livin' in it.
2/23
After all, it's a #brrrrr #brrrr world and, for now, we're just livin' in it.
2/23
@shanghaipreneur Like it or not, every #crypto project starts out as a central bank, like the Federal Reserve.
They then have to figure out how to #decentralize those roles. After all, they are creating a #token that powers their own micro-economy.
3/23
They then have to figure out how to #decentralize those roles. After all, they are creating a #token that powers their own micro-economy.
3/23
