ParabolicTrav Profile picture
Slave to Bit Coin
Apr 15, 2021 15 tweets 4 min read
The year is 2035

#Bitcoin is only appreciating 3-5% per year. Business investment software platforms are in their infancy, and have re-defined how "loans" and "investment" work in a bitcoinconomy

You install the leading software "BitProjects" and fund your wallet with bitcoin It asks you to assign trusted key signers as project "managers", you can assign people you know or choose from a market of third party managers with different specializations

You setup your account with 2 friends as project managers and a 3rd party manager with great reviews
Apr 15, 2018 7 tweets 2 min read
1/ I believe that financial product innovation drives market cycles. New methods of access and leverage improve ability to speculate, and if the underlying is bullish, they can dramatically enhance returns. 1920s, for instance, was so powerful due to the introduction of margin. 2/ The 1980s, as well, was so incredibly powerful due to the introduction of futures trading on the S&P 500 in April 1982. Some of the most famous investors/speculators made the bulk of their wealth in the 1980s (Soros, Tudor Jones).
Jan 14, 2018 7 tweets 2 min read
1/ WINNING TWICE: One of the most psychologically damaging situations for anyone trying to perform or gain an outcome is the situation of having to "win twice." You think you have it locked up, only to have that snatched from you. Now you need to win again. 2/ The best example of this is the Cubs vs Marlins World Series in 2003. The 6th game, Cubs lead series 3-2, eighth inning Cubs up 3-0. Cubs haven't won a world series since 1908. They basically have this game locked up. Then this happens
Nov 25, 2017 8 tweets 2 min read
1/ This is the Gym Theory of Markets. It is a diagram to help identify and explain the groups that act on price in markets (especially BTC). Imagine this as an actual gym, with a line down the middle and 2 doors (both on the sell/cash side of the gym). Imagine the dots are people 2/ People enter the gym first by being in cash (entering through the door and sitting on the sell/cash side). When they move to the buy side, price increases. When those on the buy/hold side move to the sell side, price decreases.