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Dovey Wan 🦖
@DoveyWan
, 3 tweets, 1 min read Read on Twitter
The recent BNB rally gets Chinese traders/speculators excited in all other exchange platform tokens like HT, OKB, ZB and BTMX. ZB and BTMX pumped for over 130% just today.

“Pump the whole sector” is a very chinese trading mentality, trading is still a local, social behavior
Western traders seems to be indifferent to any of these, and are excited more about LTC etc.

Trading themes are completely different, and the two trading communities‘ tastes and interested areas are like a two parallel universes.
Also this is a VERY common patterns in both stock and token. One leading stock in that sector rally, the whole sector will pump.

Hence many Chinese traders, instead of buying BNB which has too big of market cap to pump heavily, will buy other candidates in the same sector
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Dovey Wan 🦖
@DoveyWan
Rchain, burned all its ICO funding in > 2 years due to a outrageous purchase of a $23m music encoder (WTF??) now is considering a new entity RSong to be “a continuation of RChain”??

Another fork of Rchain, Casper Lab, said has raised $20m 🤷🏻‍♀️🤷🏻‍♀️

This only happens in crypto
It raised $15m in ETH back in 2017 April, if managed treasury well, at ETH $1000 that equates to $300M bankroll. And they burned it all...

I’m shocked that no one file class action against it especially after the totally unreasonable purchase of that $23m music decoder 🤯🤯🤯
They burned everything in less than 2 years* not >2 years

Unbelievable.

Anyone can let me know how to burn a $30-$300m bankroll in less 2 years???? Like buying 1000 lambos? That sounds lots of work too 🤨🤨🤨
Read 7 tweets
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Dovey Wan 🦖
@DoveyWan
Binance’s targeted charitable effort is much more effective than air drop Venezuela - people in those countries need food, water and medicine

It’s the influence of the charitable effort that raises awareness/drives adoption of cryptocurrency, not the other way around
Both are great charitable events. I was meant to say it’s more effective to directly donate medicine/food if situation allows.

A volunteer friend who just came back said there’s major shortage of life necessity, simply no supply, where you can’t buy even with the money
She was saying 1. Gas is more expensive than clean water 2. I need to take enough pads/tampons with me if I’d go, simply can’t buy it there 3. Bring enough medince and anti-biotics which is also not available for sale
Read 3 tweets
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Dovey Wan 🦖
@DoveyWan
CØSMOS is one of my most anticipating projects in 2019.

It will fill in a critical void in the industry to bitcoin more interactive, smart contract much more interoperable, and assets more liquid

🌌🌌🌌 🌅🌅🌅
To make* bitcoin more interactive ..

the need for interoperability is obvious -

1. There’s not many “sound money” buy lots of proprietary payment tokens representing its own UoA/MoE, the interoperability makes native crypto assets more liquid in a way that’s not exchange IOU
2. also CØSMOS’s design allows each application to be secured by “Sound Money as Staking” which I’m super excited about. Only sound money is qualified to be a “stake” imo. with its own security model, each sidechain/zone on CØSMOS can utilize system resources much more effective
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