Discover and read the best of Twitter Threads about #bitcoins

Most recents (8)

1/ An overview of where I see the #Bitcoin market right now. I prefer to use simple yet robust probabilistic methods.

Four Moving Averages have continued to show relevance to #Bitcoin over it's trading history.

#Bitcoins Magic Lines
- 128DMA
- 200DMA
- 128WMA
- 200WMA
2/ Magic Lines
128D MA is a classic Buy the Dip / Sell the Rally.

200D MA is a Strong BUY/SELL unless crossed, then bias must flip. Right now, this is bearish.

128W MA is accumulation signal when below, similar to the Realised Price.

200W MA catches the bottom wicks of bears.
3/ Based on this, our bias is bearish (under 128D and 200DMA).

However, price has just dipped below the 128WMA signalling accumulation.

Fundamental support is below in the Realised Price ($5600) and 200WMA ($5000), what's $1000 between mates.

Smart money is waiting down here.
Read 6 tweets
$BTC vs $USD pairs

How to play?

BTC Up-Trend = Play USD Pairs

BTC Down Trend = Play BTC Pairs

BTC sideways = Play Both

BTC indecisive = Be selective & be prepared to jump either ways on short notice

This is relevant if #Bitcoin Dominance is high & rising up

Thread / 2
If #Bitcoin dominance is diminishing & on its way down, we can play:

$BTC Up-Trend = Up-Trending ALTs with stronger trends than BTC can offer higher profits in USD terms. You get the benefit from BTC up trend + ALTs uptrend

Thread / 3
If #Bitcoin dominance is diminishing

#BTC down trend = Play BTC paired ALTs with strong up-trends. This will help you to beat negative BTC returns & accumulate more #Bitcoins

#BTC sideways = Play whatever is trending

#BTC indecisive = Be prepared to jump either ways

Read 9 tweets
Four years ago today the #insidebitcoinsnyc conference was the final hook & sinker that dragged me deep down the rabbit hole.
“many long time attendees remarked on the number of “suits” in the room. Compared to other conferences hosted in the Javits Center, the crowd was eclectic and the conference small, but it was clear that financial institutions were kicking the tires.”…
What I thought of then as the technology hitting “an inflection point in the financial services industry,” was really just an early wave of interest in the *ideas* from financial institutions.
Read 6 tweets
An interesting observation related to percentage share of having 1 Bitcoin with respect to Gold.

A thread:

#Bitcoin #BTC #Gold $BTC
Owning just 1 Bitcoin will give you 0.0000047619% share of the total supply. There will never be more than 21 million Bitcoins. So, your percentage of total supply will never change regardless the price of Bitcoin in USD.
Bitcoin is known as the digital gold. So, lets do a small comparison.

Total estimated gold in the world: 190,000 tonnes.

To have same share of gold in total gold supply of having 1 Bitcoin, you must have 9.04 Kilograms. That is 371,923$ in todays value.
Read 10 tweets
Mes 5 prédictions Blockchain & Bitcoin pour 2019 publiées par @Instit_Sapiens (thread)…
1/5. La “dé-totémisation” de la “#Blockchain” devrait se
poursuivre : on comprendra de plus en plus que la “Blockchain” est
une notion ambigüe qui a suscité trop d’illusions et de fantasmes. Des
arnaques et projets absurdes continueront à fleurir mais en nombre
plus réduit
2/5. Le #bitcoin restera un tabou inquiétant pour les élites et la plupart
des observateurs qui continueront à le regarder avec une méfiance
superstitieuse et à l’accuser de tous les maux de la Terre
Read 6 tweets

#Bitcoin's software has been running for 10 years…

⚡87.6K hrs
⚡3.6K days
⚡370m TXs

To mark history, we’re launching our first interactive feature: #BitcoinAt10. The story of bitcoin, told by its builders:

Magic Internet Money Wizard? Rollercoaster guy?

Take the red pill to explore CoinDesk’s list of the decade's best bitcoin #memes. (Or don't. Honey badger don't care...)

READ: #BitcoinAt10

Don’t let the bearwhale get you. HODL to ride out the Flippening...

Can't make sense of the sentence? We list the 12 best #crypto words of the decade. Think of it as yourr #hyperbitcoinization guide.

READ: #BitcoinAt10
Read 44 tweets
12,000 #Bitcoin sold into a hidden order at $6300 on Bitfinex.
$BTC $BTCUSD #Bitcoin
Short / Long ratio spiked on that move.

What does that mean?

Somebody is borrowing #Bitcoins to sell into someone else with plenty of cash buying it up out of pocket.

The guy trying to short has NO idea how much money this mystery bull has left to hold the price.
Read 9 tweets
💪A thread on amazing Twitter threads 😍👇
In the process of revamping my #Twitter profile (dormant earlier), I have come to appreciate the wonderful underutilized platform it is!
Some threads contain crisp knowledge capsules that can help many. Starting 1 on such curated content
1. I largely rely on this: to find content
2. What I wish to share is what coincides largely with my interests- #Learning, #Investing, #Behavioralpsychology (#mentalmodels, #bias, etc), #Businessbooks, Industry insights/case studies, Life experiences, etc
While it will be difficult to structure the order of content here, I will try to block threads by category (as noted above & more). Feel free to comment with any good thread that you would have come across. Cumulative learning always helps.
Read 37 tweets

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