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boxtalks.eth Profile picture
boxtalks.eth
@box_talks_
think outside the box 📦
Jun 23, 2022 • 26 tweets • 23 min read
Imitation is the highest form of flattery, so is conceptual art the highest form of NFT evolution? @ryder_ripps is bringing this to the attention of the masses with #RRBAYC, which is a conceptual collection based on @BoredApeYC. (🧵/x) Let’s start at the beginning: who is @ryder_ripps? A simple google search will provide many answers to this question, all based around the fact that Ryder is an artist. Specifically, he is classified as a conceptual artist based off his past works. en.wikipedia.org/wiki/Ryder_Rip…
May 12, 2022 • 4 tweets • 3 min read
Another thing to consider with $usdt is that #tether doesn’t disclose specifics about the commercial paper that substantially backs its “stablecoin. There have been unconfirmed reports that the Chinese real estate developer, Evergrande. (A thread 🧵): In this tweet from 2021, @TheLastBearSta1 does a great job connecting the dots between #tether and #evergrande.
May 12, 2022 • 6 tweets • 2 min read
Another thing to consider if all stablecoins such as $ust and $usdt lose their 1:1 peg, this would cause massive distrust in crypto and the blockchain as a whole, which would (in theory) cause massive sell off, allowing larger corporations to buy up even more #crypto at discount If $usdt is unable to recover and investors are squeezed into one of the only available backed stablecoins ( $usdc ), would this be the beginning of the end for DeFi?
May 12, 2022 • 25 tweets • 9 min read
Tin foil hat time: the current crash of $ust $luna and (soon) $USDT is a planned attack on stablecoins to push for regulation and squeeze all into $usdc (a thread 🧵): Let’s start with some facts about the situation $ust $luna itself:
May 11, 2022 • 7 tweets • 4 min read
This market has caused the #Crypto Greed and Fear Index to plunge into ”extreme fear” territory. This has held at“extreme fear” for a few days now. According to @WatcherGuru, over 33% of #Ethereum investors
are at loss.
May 11, 2022 • 7 tweets • 2 min read
$eth predictions based on the current market trend: There is a major bearish trend line forming with resistance near $2,380 on the hourly chart of $ETH/$USD ( via Kraken). 🧵 $eth has an initial resistance near the $2,350 level with major resistance near the $2,380 level.
This is causing a major bearish trend line forming with resistance near $2,380 on the hourly chart of $ETH/$USD.