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You should be trying to accumulate bitcoin when the price is low. nfa

I'm a fundamentals investor on btc and cryptos, emotion and belief are all I got to go by

It's weird the way btc and cryptos following btc action are behaving lately The bullish indicators of much of the coins being scooped up from exchanges and the dwindling supplies, plus the explosion of new wallet addresses indicating widespread adoption is still ongoing and accelerating should...

I think I'm going to go with vz on this and take a short term trade (long 3 btc) and hold for until end of August or if $50K hits, sell 2 btc's This is a short term position separate from the crypto portfolio which has not changed for a couple of months

I read "somewhere" that we are going back to over $50K in the next "few weeks"

Did he help his family and friends in Lebanon at keeping their wealth (money)?

On a related note... ZIRP and NIRP vs DeFi high yields https://pomp.substack.com/p/stablecoins-institutions-and-defi

We will have to wait and see if your hypothetical will come to fruition. Coinbase is a publicly listed company under very strict regulations, doubt they will get involved in something like that. Binance is too profitable I do think Tether and other stablecoins are competing or muddying the...

And I agree with you, these Chinese bitcoin companies are incurring a lot of costs to move their operations out of China There have been many posts here saying bitcoin is under the control of China due to the majority of the bitcoin mining computing power is concentrated there, heck look at the...

I actually think you and I are in the same neighborhood, not quite eye to eye but close It's the reason I mentioned let the exchanges go through the redemption or whatever they need to do to get their "value" from Tether. They have the resources, the employees and most importantly, a powerful...

Tether or USDC are not a requirement to buy btc, it just makes it more convenient It is not impossible to redeem Tether and I'm not sure what you mean by Bitfinex not legally obligated to payout fiat. The Exchanges are best positioned to redeem Tether to fiat as they have all their KYC/AML and...

From the borrowers, similar to a traditional bank https://aave.com/ Or you can go with a cefi platform such as Gemini, BlockFi, or Celsius, but the concept is the same as on the defi platform Some defi platforms like pancakeswap give much higher APY's, for providing AMM services (LPs) for...

I'll take a guess. New demand for Tether has been curtailed by the Chinese govt crackdown on cryptos usage of business entities It's not related to bitcoin in the same way you're thinking of USDT/BTC supply & demand dynamics There's enough USDT in circulation. One very important metric is that...

Industry? The Chinese owned companies that operate physically in China were shutdown by the Chinese authorities Let's say these companies move on and become toy manufacturers and never turn on their bitcoin mining hardware or their operations, what problems do you anticipate?

Not a problem as bitcoin difficulty algorithm adjusts every ~2 weeks https://www.cnbc.com/2021/07/03/bitcoin-mining-difficulty-drops-after-hashrate-collapse-in-china-.html https://www.blockchain.com/charts/hash-rate Chinese bitcoin miners have been migrating out of China in weeks, some even...

Sociopaths are only 1-2% of the population. I've never even met or interacted with Sig irl, how can I accuse him of being one? I have decades of experiences with the family member and sociopaths do a lot of things, mind games, manipulations, simply psyops. The goal is to evoke negative...

I highly suspect Sig is a sociopath. I have a family member who's a sociopath that I stopped talking to years ago. Sig is mentally abusing the people around him and his family. They will be better off when that asshole is gone Sig's MO is psyops, arguing in bad faith, and gaslighting. I just...

The book "The Bitcoin Standard" discusses the Rai stones as primitive money. Fascinating story I haven't finished the book, yet, but so far it's a been a great read