I just read the 43-page International Monetary Fund paper on cross border flows in bitcoin.
Thought I'd share three interesting takeaways to crystallize my thoughts.
A quick thread.
imf.org/en/Publication…
@dollar_mara Please have a look on the charts of miners from last halving. Look what happened right before and after the halving. It s all good. Stop “feeling” and start logic.
I did not ever expect it to get this bad for $MARA
I thought this was left behind in the bear market in 2022. But the truth is this price action might be worse than then
I don't know when it will change, my conviction on if it will change has not wavered, but this is difficult
Marathon Digital Holdings' March 2024 #Bitcoin Production Update is here:
- Increased BTC Holdings to 17,381 BTC; Total Cash and BTC of $1.6B as of 3/31/24.
- Average Operational Hash Rate Increases 4% M/M to 18.3 EH/s.
Read the full report: bit.ly/3TJFHrE
“wen bullish news dev? wen marketing dev??!?”
1000x awareness, deals, partnerships, collaborations for #MultiversX
here’s a list of key events where #MultiversX will play center-stage, unleashing a superwave of awareness around the world:
1. 🇺🇲@EthereumDenver | February 26, Denver ✅
2. 🇪🇸#MultiversX Community Meetup | March 8, Madrid ✅
3. 🇩🇪W3BC Conference | March 13, Regensburg ⏳
4. 🇪🇸@wasm_io 2024 | March 14, Barcelona ⏳
5. 🇩🇪#MultiversX Community Meetup | March 14, Regensburg ⏳
6. 🇷🇴xTalks QA Auto & React | March 21, Iasi ⏳
7. 🇫🇷@ParisBlockWeek 2024 | April 9, Paris ⏳
8. 🇦🇪@BlLife_Forum 2024 | April 15, Dubai ⏳
9. 🇦🇪@token2049 | April 18, Dubai ⏳
10 🇺🇸@consensus2024 | May 29, Austin ⏳
11. 🇫🇷@proofoftalk | June 10, Paris ⏳
12. 🇩🇪@WeAreDevs | July 18, Berlin ⏳
13. 🇹🇷@IstanbulBlockWk | August 12, Istanbul ⏳
14. 🇰🇷@kbwofficial | September 6, Seoul⏳
15. 🇸🇬@token2049 | September 18, Singapore ⏳
16. 🇪🇸@EBlockchainCon | September 25, Barcelona ⏳
17. 🇵🇹@WebSummit | November 9, Lisbon ⏳
events = awareness = users = builders = deals = ecosystem growth.
#EGLD ecosystem bound to explode 💣
Update.
$BTC reached 48k-50k and $ETH 2500-2600.
A last pump to 50k is possible. Then $BTC should go sideways while altcoins pump more (money flowing to low caps). After a few days, the entire market should reverse and dump.
Gm. Just got my Cryptokicks and I gotta say I’m in love with them. Such a cool tech from @RTFKT 👏🏽
Can’t wait to see what “move to earn” approach they’ll take.
I notice some X disagreements between a few people who predicted this year's rallies, about 2024 and beyond
Some say a big bust is coming next year, that puts markets in stagflation for this decade
Others say continous bull without major pullbacks..
After serious research from my part, I come to the conclusion that they are all right and wrong at the same time - shcrodinger's pussy
I will prepare a thread in January for 2024, same as the one pinned in my bio (2023, predicting SPX new ATH and BTC to follow suit with lag)
But tl;dr for now it's like this:
✅SPX to continue ATH max 5800-6000$ H1'24
✅Then everyone will call for a "soft landing"
✅Then a big fiscal problem
✅SPX comes down to 3500$ zone - very fast Q3'24
✅Recession scares -> fiscal intervention 💰 printing of new trillions
✅SPX continues rally to 2026 8-9000$
Drags all crypto space with it, same movements, same timeframes
After 2026 mortgage market tops and begins decline, and market (stocks and cryptos) rips for another 4-6 years until a big bust is coming.
Roaring twenties ahead. Preparing thread next month.
@ToniGhinea You don’t need money to be printed for a better ROI, you need more adoption, which will happen (institutions will came into the game). Think twice
I cannot believe.
How many people think the next bull cycle will be stronger than 2020-21.
It's absurd.
There is NO money printing anymore.
ROI will be smaller by definition.
You need help if you're still using Metamask! ❌
It's still the most used wallet despite all the drawbacks, it's a shame! 💀
Here are the top 10 alternatives you can use today! 🔟
🧵👇