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bitcoiner
@AnselLindner
, 4 tweets, 2 min read Read on Twitter
The @BitwiseInvest piece about fake volume is going to have far reaching effects in this space. It might take a few months to sink in, but it will soon enough. #bitcoin

Cool site that shows the fall out of volume. openmarketcap.com/exchanges/diff…
#Ethereum's volume is less than 10% of #bitcoin's, instead of 50%. That's a large difference that will affect all eth based tokens as well.
#Ripple $XRP's volume is another 70% lower than Ethereum's.
Again we can see that #Tether $USDT is number 2 in volume after #bitcoin, and is the second best coin.
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More from @AnselLindner see all

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bitcoiner
@AnselLindner
A new bug found in Constantinople, again.

"A new bug in ethereum’s Constantinople upgrade has been found at the last minute, with it affecting a limited number of smart contracts that utilize self-destruct."

trustnodes.com/2019/02/12/aug…
Jason Carver, a developer at the Ethereum Foundation (EF), says a new feature called Create2 can allow a developer to replace the self-destructed contract and thus change the rules.
This could be a quiet attempt at resurrecting the Parity funds, still locked in a contract due to the self-destruction of a library.

“If we implement State fee proposal 2 as it is, it will allow resurrection of Parity multisig library, I suspect,” - Alexey Akhunov
Read 4 tweets
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bitcoiner
@AnselLindner
A little economic comment on this mind-blowing hack with DNA.
I've always been uneasy about the price tag associated with these tests being so low. $50 US to sequence your DNA is uncorfartably cheap. They must be making money elsewhere.
As it turns out, they are. And this is the one we know about for sure, it's likely all are doing similar or worse things.
technologyreview.com/the-download/6…
Read 8 tweets
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bitcoiner
@AnselLindner
Packet switching is the technology behind internet.
#Blockchain
Internet maximalists are toxic. There will obviously be multiple global packet switching standards.
#blockchain
The key to scaling global packet switching networks is right governence model.
#blockchain
Read 3 tweets

Related threads

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NebraskanGooner
@nebraskangooner
Thread:

#bitcoin
My indicator is based on identifying trends

Check this out:

Red X signal was given Feb 2014. We then got bull div for the first time end of March 2014

Red X signal was given March 2018(4 yrs later) and we now have bull div for the first time end of March 2019
What a coincidence, right?

Let's take a step back and see how the end of the bull market looked for each.

Notice anything about these dates almost exactly 4 years apart?

They mark the last push after parabola break right before the bear market went into full force.
These bear cycles started roughly the same day. 4 years apart.

Okay so let's jump ahead a few months.

Notice anything?

Both made approx 60% corrections at the 100 day mark.
Read 32 tweets
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O₿iWan
@ObiWanKenoBit
1/You can ignore #bitcoin. But at your own peril.

The House of Fiat sits on shaky ground. It wobbles, lurches, insidiously eroding wealth one day at a time. Fiat is unsound, soft money designed to explicitly steal from taxpayers through opaque economic policy schemes.
2/The further we stray from sound money, the flimsier economic foundation- subject to oscillations manifesting as economic boom & bust cycles, resonating downstream for years, building & feeding upon one another until systemic tension bursts collapsing economies worldwide.
3/Instead of addressing this foundational error, the Fed and CBs offer liquidity “retrofits” pouring fiat money/credit into an inherently unstable house & assure us it’s safe to occupy! So called Fed liquidity reduces behavioral friction inducing wild market gyrations.
Read 15 tweets
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- adidog CEO - [2019➞₿➞📉]
@MannerCookie
I woke and saw the sun today and two thoughts came to mind I will share.

1. Bitcoin is looking bullish and it wants to go up, however rich people say no so no.

2. The belief that the next Bitcoin halving is a bullish factor is economically false from a infrastructure pov.
(1) Bitcoin looks bullish, it is clear that price wants to go up however it is unable to break this supply block.

To not consider that the sell walls are actually to suppress price and accumulate would be foolish.

But the rallies are fading and supply>demand still.
(2) The relationship between difficulty and price is quite simple logic.

Over time difficulty rose with hashrates rising, price rose as demand steadily increased, scarcity rose as rewards declined.

On a log scale, it looks like we may be in a similar cycle as the last.
Read 19 tweets
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Karol 🍃
@karolcummins
🛎InconvenientTruth🛎

Watts concludes: “Without the Russian influence effort, I believe Trump would not have even been within striking distance of Clinton on Election Day.”

That is the inconvenient truth the Putin GOP won’t admit.

Heads up! DEM voters are angry & energized
🛎InconvenientTruth🛎

Broidy’s &25k & Tom Barrack’s $20k per mo payment to Gates highlights the way a small circle of Trump’s assoc’s aggressively marketed their inside access to Trump.

(Or is it 💰 laundering?)

There is more to this story - stay tuned.
🛎InconvenientTruth🛎

SS: “New filing in Butina case: DOJ says they already have “numerous witnesses” lined up to testify about Butina’s activities.”🍿

“Did thet think I was just going to roll over & die?”The Cohen vs. Trump battle ratchets up.

The House tilts toward the DEMs!
Read 67 tweets
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Vijay Boyapati
@real_vijay
1/ Everyone wants to know when #Bitcoin will bottom. I have some good news and some bad news. Which would you like first?
2/ Bad news, right? Everyone wants the bad news first. If you can stomach the broccoli you'll get rewarded with dessert. At least, that's what I tell my daughter!
3/ Ok, here goes: bear market bottoms are NOT formed as sharp V-like corrections, retaking the highs; that's what bull markets look like.
Read 11 tweets
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Kyle Torpey
@kyletorpey
Starting today's #Bitcoin news thread...

Remember you can find the newsletter, YouTube, and SoundCloud links to the Daily Bitcoin Recap at kyletorpey.com
US Treasury Secretary Warns Against Bitcoin Becoming the Next ‘Swiss Bank Account’

🤔Wonder if he knows that's the whole point.

bloomberg.com/news/articles/…
The Bitcoin Investment Trust will undergo a 91-for-1 split on Jan. 26. That’ll turn the 1.9 million shares currently outstanding into a whopping 174.4 million. It will cut the stock price from around $1,950, where it currently sits, to roughly $21. bloomberg.com/news/articles/…
Read 34 tweets

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