Category: #cryptocurrency
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All will depend on the kind of investor. There are 2 distinct families of “investors” for #Bitcoin. – The speculators. This family of investors only care about the value of Bitcoin and how it will evolve. They place bets on how the value of Bitcoin will evolve (be it up or down). These kind of…
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Further elaboration in this series of tweets. To put it in a Tl,Dr:The power of #Bitcoin, and how it achieved its high value, is through fair distribution and being as decentralized as possible. We may applaud “big players” doubling down on #BTC investments… but at the same time are we weakening the market by effectively putting faith and…
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#stablecoins are as bad as #CBDCs . That’s what #Terra_Luna has shown us. #USDC #Tether #BUSD , … They are all SHIT! Let me elaborate on that statement. They DEFINITELY have use as an indicator on how much you hold expressed in $USD. They are also handy to see how much worth is being transacted…
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Let’s talk a bit about supply shocks and trading volumes. As many of you know does #BTC , and all other #cryptocurrencies , at base level function on the simple economic premise of “Supply and Demand”. This makes halving-events so important. A halving-event is about the rewards from mining being slashed in half.Meaning that after…
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To understand #BTC and all of its fundamental movements is to understand: How people behave (organic aspect) How markets work (which influences the first) What scarcity is (and the “shocks” related to it). What cycles are. The first three points can be deduced by keeping pulse on latest news of the economy. Economy goes bad,…
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Hello everyone. Those of you who follow me on twitter know that I sometimes do giveaways and share many insightful lessons for free. As it has been some time I shared something with you guys I want to re-direct attention to a recent twitter post I made. The post can be found here. I’ll quote…
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What is it? Ravencoin is a peer-to-peer blockchain, a fork of the Bitcoin code, which enables users to handle the transfer, and efficient creation, of assets from one party to another. It is a project with its main use-case being a focus on the transfer of both digital and physical assets. It is a Bitcoin…
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What is it? Polkadot is a network which prides itself in the development of a so-called web 3.0 framework. Web 3.0 is considered in IT to be the next logical step in the development of the internet. To put it in perspective: Web 1.0 deals with the sharing of documents (the initial phase and birth…
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Hello all, 2020 has passed and 2021 has begun. My hope to everyone is to have had good holidays during these strange times. My best wishes to you all and may 2021 bring forth fortitude, hope, luck and growth. To be reunited with friends and family. Here at Gracious Interests we switched to higher gears. During the month of…
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What is it? Chainlink is best described as a link between different blockchains and Smart Contracts. It addresses the problem whereby information not available on a blockchain can be searched and used for the functioning of Smart Contracts. To understand the function of Chainlink there is the need to understand the principle of Smart Contracts.…