Duo Nine Profile picture
Mar 1 11 tweets 7 min read
1/ The value proposition of #Bitcoin just became even more evident to a lot of people.

No wonder #BTC pumped over 30% since the Russian invasion a week ago!

The world it starting to quickly see that Bitcoin is a real solution to very real problems.

Here's why, a thread 👇 Image
2/ The reactions to the war in Ukraine, including the Western sanctions, have highlight one MAJOR shortcoming of the current financial system.

Transactions and bank accounts can be FROZEN overnight and can be almost UNIVERSAL in their reach.

What does that mean? 👇 Image
3/ Such actions impacted regular people, banks, a central bank, oligarchs, the rich in general and so on.

In one word, EVERYONE is at risk of losing ACCESS to their wealth in traditional finance.

Even Switzerland did it, a neutral country.

Examples next 👇 Image
4/ Ukraine closed markets, halted electronic money, limited withdrawals.

Russia introduced capital controls. Visa/MasterCard disabled cards for users.

EU/CH froze 🇷🇺 central bank assets, companies assets and accounts of elite.

This never happened at this scale. What next? 👇 Image
5/ There are some rich people in China, Saudi Arabia and may other places with a LOT of money at similar RISK.

Access and usage of traditional finance has been weaponized now! Oops. 😱

This is just the tip of the iceberg. Where does #Bitcoin fit in? 👇 Image
6/ Politics aside, #Bitcoin solves a very big problem right now:

It provides unrestricted access to a system of payments and store of value that is censor resistant!!!

It allows ANYONE to transact, save and store value as they please.

Pieces are falling together now, no? 👇 Image
7/ This is the MOST BULLISH realization possible for a lot of rich people around the world.

What will they do next? They will get exposure to #Bitcoin, LOTS OF IT.

BILLIONS of exposure. Just in case... 👇 Image
8/ Even more striking, BTC has NOT changed since 2009, but suddenly its features come at a HUGE premium.

No one needed BTC in 2009 to transact, but in a post-2022 world, #BTC just became indispensable!

Plus, since 2009, adoption exploded making BTC a CREDIBLE alternative! 👇 Image
9/ To me, these recent & unfortunate events, just kicked BTC adoption into a higher gear!

Crypto is here to stay and #Bitcoin's future seems set. Deniers and bears lost.

BTC will continue to be volatile, but this is gonna be quite a ride. Enjoy and stay in touch 👇 Image
10/ If you liked this thread, #retweet the first post to get more of this content in the future! 😍

Stay in touch + follow:

Discord: bit.ly/3n2gng0
TradingView: bit.ly/3FUjwHj
YouTube: bit.ly/3p8vPdf
Newsletter: bit.ly/3BuXf13
Here's another example, just that now, it is the billionaires doing it.

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More from @DU09BTC

Feb 24
Here's my take on current events & markets.

📌TLDR: The bubble has burst. Not just for the market, but for the world we live in. 😱

Reality is back in fashion. We do not live in a post-war world. On the contrary, war is in Europe now.

How will the (crypto) markets react? 👇
2/ Let's start with #Gold or #XAU.

Last week I posted this idea. MAJOR breakout for Gold. That was the time to enter...

Funny how the technicals were so on point in the current context. Smart money bought early!

Gold should reach $2k soon. Next #BTC 👇
3/ #BTC kissed $34k as predicted weeks back.

Normally we get a bounce here, but I am not optimistic.

When US wakes up and with the situation so fluid in the world, expect further pain.

MAX PAIN is not here, not yet at least.

Prepare for sub $30k, it is likely now. Next 👇
Read 10 tweets
Feb 22
1/ A #Terra - #Luna - #UST thread

My views on #UST growth and why I need to offer a more balanced/fair view on recent developments.

Particularly when I see such posts from fans like @CryptoHarry_

📌Hint: Demand for UST has 6 months left!

Let's go! 👇

2/

12 bil #UST was minted in the past year. A great achievement for a decentralized, algorithmic coin. I agree here.

Exponential growth as @CryptoHarry_ says. But here is also where things get a bit more nuanced...

Particularly if you expect this to continue in 2022! 👇
3/ We need to answer one question. What drives #UST demand?

The most obvious answer is... Anchor's protocol 20% interest on deposits (pictured).

There are almost $7 bil #UST in Anchor deposits earning 20% APY today (pictured).

How can it pay 20%? 👇 ImageImage
Read 14 tweets
Feb 19
Top pumps today while #Bitcoin tanks.

#API3 - 100% pump, whales accumulating
#ANC - 40% pump, bullish fundamentals
#LQTY - 40% pump after hitting $2

Above altcoins are solid. See thread for charts 👇
🔸API3/USDT - Massive pump after the breakout
🔸ANC/USDT - Massive rally ongoing
Read 4 tweets
Jan 23
1/ You keep hearing about these "#Ethereum killers".

But instead, most competitors show systemic failures, whereas #ETH has scaled to hundreds of billion on its chain (with only one downside, high fees).

Lets dive deeper. A thread...👇 Image
2/ I present you #Solana or #SOL (pictured).

The network FAILED during this crash. Stuck transactions... People could NOT move coins on #SOL network and some got liquidated because... they could not move their funds to cover for their loan in time... Not the user fault. 👇 Image
3/ Next #Cardano or #ADA (pictured)

It managed to implement the first AMM this year and barely has ANY DEFI ecosystem... Transactions stuck, coins vanishing... #SundaeSwap was a fiasco. This will kill #ETH? LOL... or waiting 6h for a swap... 👇 Image
Read 7 tweets
Jan 22
1/ 🚨 MARKET UPDATE🚨 A thread... 👇

Below I will share my views of the market and my plan, are you in? Lets go...

#Bear markets are great opportunities to scoop coins at a significant discount. The right picks can change lives.

Don't fall into FUD! Start planning!

👇
2/ This is my third bear market. Here is what I learned so far. Bitcoin first. 👇

#Bitcoin bottoms after 85% drop from ATH, #ETH at 95%. Will we see similar drops now? Possibly, but maybe not.

Below the #Bitcoin levels to watch as we drop. Image
3/ $30k for #BTC is almost certain. If that breaks (likely), then $20k is in play.

To me $20k is the most likely level where we will bottom after a 70% crash. Why?

Previous ATH and strong support levels. Moreover, institutions are here now, so a 85% drop is less likely. 👇
Read 13 tweets
Jan 12
1/

#Terra / #Luna / #UST Ecosystem Risks - How real are they? #UST hodlers assemble! A thread 🧵...

👇👇👇

@terra_money #LUNAUST #LUNAUSDT #LUNAUSD

Full post on Reddit: tinyurl.com/2w9tna5b Image
2/

I've been looking into the Terra / Luna / UST ecosystem and I perceive some clear risks to the overall ecosystem in the current setup.

The following risks seem unlikely, but the chance of them happening is above 0, thus can't be ignored. 👇
3/

This includes a possible total loss of funds for Luna / UST holders.

🔴 1. UST market cap vs Luna market cap ratio as a risk metric for #UST holders

UST Market Cap today - $10.5 bil
Luna Market Cap today - $28 bil 👇
Read 24 tweets

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