Thread Reader
Share this page!
×
Post
Share
Email
Enter URL or ID to Unroll
×
Unroll Thread
You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649
How to get URL link on X (Twitter) App
On the Twitter thread, click on
or
icon on the bottom
Click again on
or
Share Via icon
Click on
Copy Link to Tweet
Paste it above and click "Unroll Thread"!
More info at
Twitter Help
SHELDON EVANS
@SheldonEvans
I spend a lot of time thinking about coins.
Subscribe
Save as PDF
Mar 17, 2023
•
7 tweets
•
2 min read
🧵 1/ So the
#Fed
added $300B to its balance sheet seemingly overnight.
What you’re seeing for
#Bitcoin
isn’t organic demand.
It’s a speculative boost.
Yes, we’re in a speculative market but for a bull market we need sustained capital injection.
Banks are literally broke. 👇
2/
These rallies can’t be sustained into long-term uptrends imo.
They must remain as rallies.
ESPECIALLY if you want more upside in the future.
The higher we go now, the more of a cap is place on the future upside.
Why?
QE, even by any other name cannot continue forever.
Save as PDF
Jun 18, 2022
•
7 tweets
•
2 min read
1/n
The crypto time-machine strikes again
Use it wisely.
2 years of gains have been erased from the market putting us at pre-bullrun levels.
Could it go lower? Yes.
Will life-changing opportunities present themselves? Probably…
But this time is different.
Do not rush in.
2/
Whatever the situation, don’t become complacent.
Don’t look away.
Don’t leave.
So many people watched their wealth evaporate in front of their eyes in 2018, averting their gaze from the market forever.
Leaving a bad taste in their mouths, never wanting to return.
Save as PDF
Dec 9, 2021
•
6 tweets
•
1 min read
The insane pushback against the Ubisoft NFT announcement indicates two things. (Past sentiment towards Ubisoft ignored)
1.
A mass misunderstanding of the utility that NFTs can bring, especially to the gaming world.
🧵 cont. Even though the studios will be rewarded and have a MASSIVE financial incentive to pursue this. The user benefits as well.
Users already spend millions on in-game assets that THEY DO NOT OWN. Disposable non-transferable assets.