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    Epic collapse of KWEB

    There are probably excess returns investing in anything called "uninvestable"
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    The Cryptocurrency Trading Journal

    NFTs were invented 60 years ago! Just came across this series of videos that are incredible And its amazing that this artist came to the same conclusion as me, Bitcoin is an NFT, or "a feeling" "an idea of financial value that has no reference to the material world" as he puts it The Klein...
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    The Cryptocurrency Trading Journal

    https://www.businessinsider.com/mark-cuban-dogecoin-holdings-owns-500-meme-strongest-medium-exchange-2021-8?amp Classic DOGE, it doesnt feel like a scarce thing that you must get it so one of the biggest pumpers own little. Same thing with Elon and Rauol Pal, they all own very little as % of...
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    Are we not able to paste images into posts anymore?

    Yes, looks like the problem continues. It only works if I pull the image off a URL. It does not work if I copy and paste an image. I enabled ads and cookies still no dice
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    The Cryptocurrency Trading Journal

    I have come to realize that fungibility is a silly concept, it more confuses than clarifies anything. Some commentators make the distintiction between a fungible token like BTC and non fungible tokens like a Picasso. So you would think that a fungible token would be more akin to money and non...
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    The Cryptocurrency Trading Journal

    Fascinating stuff
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    Are we not able to paste images into posts anymore?

    I often copy and paste an image into a post but for some reason, that function is not working anymore. The image will appear before the post is sent but when I look at the post (after it was deployed) I cannot see the image and it looks like it was not uploaded. What is going on?
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    Is Bitcoin HEX a gigantic pump and dump?

    Other interesting facts I found out about HEX: Volume to Market Cap % Bitcoin 3.60% USDT 119.00% USDC 8.66% Ether 5.68% Cardano 11.50% Polkadot 7.02% Dogecoin 11.50% Bitcoin Cash 19.65% Bitcoin Gold 6.42% Bitcoin HEX 0.11% Illiquid as hell, the float is very controlled. The guy who created...
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    The Cryptocurrency Trading Journal

    I'm reading a great book about the monetary history of Brazil and the author makes a good point that when a country cuts 0's off its currency (after significant inflations) that is wrong because it removes the history of inflationary episodes of the currency. It erases all that data to the...
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    The Cryptocurrency Trading Journal

    Bitcoiners are aware of Bitcoin's float problem, but they cant do anything about it. "Educating" people wont do jack. And they better not try to do anything technical about it. The best PR in the world for BTC will be to have it priced highly on websites and quotation boards. It makes it more of...
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    The Cryptocurrency Trading Journal

    Its starting to look like DOT is going the way of NEO, XEM and others. I wont be selling just yet, I rather see what ADA has to offer and if the chart makes any recovery. But if in 3-6 months DOT doesnt show it has a fight in it, I will likely convert it into ETH and/or ADA and consider it dead
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    The Cryptocurrency Trading Journal

    Staking on Adalite is 10x easier and simpler than on PolkadotJs. The requirements to run a validator on Cardano are also much lighter ADA: In terms of hardware, you should have the following available: 4 GB of RAM 24 GB of hard disk space a good network connection and about 1 GB of bandwidth...
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    The Cryptocurrency Trading Journal

    See that's I studied Bitcoin gold BTG, because it does not have a significant hash rate and has been 51% attacked many times. Yet, it is still marching on and it is worth more than $1B. I believe BTC needs far less hash rate than people think. This isn't money, people dont use it for daily...
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    The Cryptocurrency Trading Journal

    I just realized that there is another major flaw in Taleb's anti-BTC argument. He says because the value of Bitcoin depends on miners being active, that is different from gold and one day people might not mine it so the present value of a future $0 is $0. However, the same thing can be said...
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    The Cryptocurrency Trading Journal

    I actually like Litecoin way more than Doge. Under my collectible model, Litecoin is essentially Bitcoin with a bigger float and snappier transactions. Charlie Lee had a brillant idea of increasing the float by 4x. This makes it be priced lower than Bitcoin, similar to a stock split. As a...
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    The Cryptocurrency Trading Journal

    https://www.cnbc.com/2021/08/13/mark-cuban-dogecoin-is-the-strongest-crypto-as-a-medium-of-exchange.html This is actually the problem of DOGE as an investment. Most people that own it, only own a little and they have no problems getting rid of it, sending to other people for the fun of it. It...
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    The Cryptocurrency Trading Journal

    "The NFT boom witnessed in the first and second quarter of 2021 saw about 60,000 new wallets interacting with NFTs, data on NunFungible.com shows." https://cointelegraph.com/news/opensea-trading-volume-explodes-76-240-ytd-amid-nft-boom NFT are still SO niche, this is all still so early. When...
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