Crypto Macro Trends for 2022

Sprout said:
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How BTC is moving, I can certainly understand the criticisms. Is it possible to decouple from an endless money printing machine?
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I think it's difficult to decouple in the short term, unless there is a major news

The bitcoin and cryptos market are just like any trading markets and determined by buyers and sellers and the supplies

Fortunately for us, there is a dwindling supply of the "physical" bitcoins in the exchanges, per the glassnode/blockchain analysis

The bad news for us is that we got leveraged traders that are getting liquidated on the long side which also happens on the traders that are short but the trend has been downward so the liquidations are more frequent on the longs

What I do not like to see is the "paper" bitcoins that do not provide any actual demand to the "physical" bitcoins, i.e. CME futures, bitcoin etf futures and even to some degree Coinbase the stock $COIN

These instruments are satisfying a demand for allocation and getting the fund flows from "investors" seeking "exposure" to bitcoin. An example is Paul Tudor Jones who up to 5% portfolio allocation to "bitcoin" via futures.

That's not real money buying bitcoin in the open markets. And the institutions or retail investors buying bitcoin futures etf think they have exposure to bitcoin but no, same with PTJ, the money went to the bitcoin futures and not to purchase actual bitcoins in the markets

Caitlyn Long has talked about this. Lepard and Foss also mentioned that Central Banks or others can suppress the price of bitcoin by shorting futures in the same way they suppress the price of gold with paper gold

One good news though can work in bitcoin's favor. Maybe Turkey will announce they will adopt bitcoin in their treasury or accept as legal tender

Maybe some other country...

But for now, we are tied to the stock market as the same participants in the Tech sector are also in the cryptos market, imho
 
A quick look at the chart shows that bitcoin isn't the NGU it used to be.

If you'd bought at the peak in Dec 2013, which would have seemed like very bad timing, and held for 4 years, you would achieved a 20x return.

If you'd bought at the peak in Dec 2017 and held for 4 years, you would have only achieved 3x.

I suspect the get rich quick crowd will be starting to lose interest in it.
 
Ed48 said:
A quick look at the chart shows that bitcoin isn't the NGU it used to be.

If you'd bought at the peak in Dec 2013, which would have seemed like very bad timing, and held for 4 years, you would achieved a 20x return.

If you'd bought at the peak in Dec 2017 and held for 4 years, you would have only achieved 3x.

I suspect the get rich quick crowd will be starting to lose interest in it.
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Bitcoin NGU is not as good as the other newer, smaller market cap coins, but the risk is also less

Right now, our main concern is that all investments, especially the high flying Tech stocks are being sold to go to cash

Everyone wants cash, even the investments in bitcoin and cryptos

Liquidity matters

upload_2022-1-24_8-35-32.png
 
*** Post is for entertainment purposes only!!

I've been preparing for a crypto winter (bear market) as of late

Today's email from Willy Woo shows that whales are accumulating and the institutional investors are deploying capital and the hodlers are not selling and coins are moving to strong hands

The setup is suggesting a strong upward move, per the email. A double from here would be nice, would break all time high price of btc

LFG!!
 
Sprout said:
johnarb, will you elaborate? How does this effect 2omb?
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*** Post is for entertainment purposes only!!

Tomb Protocol (and all the forks like 2Omb) are seigniorage projects, like central banks, they print money, but money is crypto tokens/assets in the cryptos world

So, Tomb is creating an asset token that is pegged to FTM, the asset is $tomb. There is an important use-case for this

As you're familiar with Fantom network, the costs of running a node is to lock in 1M FTM coins, so the more Fantom nodes that are running for decentralization, the less FTM coins will be available for the network and its ecosystem

This is bad for network growth, as the gas fees will go up as the available FTM coins become scarce, among other things like making it difficult to implement defi LP pairs with FTM

To get back to Tomb, as with central banks, they print money (Tomb) as rewards to 2Share owners, but as you know, that's the same with any central bank, they debase the value of the money (Tomb) so then it becomes below peg which means Tomb's price is less than 1 FTM

So to fix this, they issue Tomb Bonds TBonds so they go into debt, and no more printing of Tomb and TShares owners don't get any rewards.

Only the LP farms are getting paid rewards in TShare tokens

TBonds are debt and they get redeemed for Tombs which get burned, so kinda like the Fed Quantitative Tightening, removing money (Tomb) from circulation increasing the value to get above peg worth over 1 FTM

So, they're all excited because once the bonds are paid, Tomb is debt-free, and money-printing goes full brrr


You asked about 2Omb?

Warning!! Major shilling below


I got out of Tomb and let me tell you, 2Omb has never gone under peg except for 1 epoch

This is amazing!! All Tomb forks have gone under peg within a few days, except 2Omb

2Omb is more successful than papa Tomb

I purchased all my 2Shares at more than double the current price and yet, I'm still profitable and will recoup all invested capital in 3-4 days

How is that possible?? The reason is because over 2000% APR in the single staking of 2Shares paid every 6 hours

The LP 2Omb/2Share farm is paying over 2300% APR

That's APR not APY so can compound every hour if you want on LP's and every 6 hours on Boardroom and get hundreds of thousands of APY %

I only compounded rewards the first 2 days, gotta balance risk, lol

Then the project released 3Omb project as POL (Ohm protocol) protocol owned liquidity to support 2Omb/2Share

The future is bright. Very bright!! for 2Share

(2Omb is a peg token, not meant to go moon)

Printing money every single day, every epoch, every 6 hours, but every few seconds if in LP farm

iykyk

And this is during the cryptos carnage in BTC/FTM and all of cryptos

The key is to hodl and convert rewards to stables or FTM and sit back even if the token value crashes due to crypto market impact

As long as 2Omb doesn't rug, everything chill

I wish Fantom foundation sees that 2Omb is the successful peg token project and give the funding to the 2Omb project since the volume is great on it

2Omb is providing the liquidity peg to FTM purpose of Tomb but with a market cap that is so tiny

:D
 
Last edited:
johnarb said:
*** Post is for entertainment purposes only!!

Tomb Protocol (and all the forks like 2Omb) are seigniorage projects, like central banks, they print money, but money is crypto tokens/assets in the cryptos world

So, Tomb is creating an asset token that is pegged to FTM, the asset is $tomb. There is an important use-case for this

As you're familiar with Fantom network, the costs of running a node is to lock in 1M FTM coins, so the more Fantom nodes that are running for decentralization, the less FTM coins will be available for the network and its ecosystem

This is bad for network growth, as the gas fees will go up as the available FTM coins become scarce, among other things like making it difficult to implement defi LP pairs with FTM

To get back to Tomb, as with central banks, they print money (Tomb) as rewards to 2Share owners, but as you know, that's the same with any central bank, they debase the value of the money (Tomb) so then it becomes below peg which means Tomb's price is less than 1 FTM

So to fix this, they issue Tomb Bonds TBonds so they go into debt, and no more printing of Tomb and TShares owners don't get any rewards.

Only the LP farms are getting paid rewards in TShare tokens

TBonds are debt and they get redeemed for Tombs which get burned, so kinda like the Fed Quantitative Tightening, removing money (Tomb) from circulation increasing the value to get above peg worth over 1 FTM

So, they're all excited because once the bonds are paid, Tomb is debt-free, and money-printing goes full brrr


You asked about 2Omb?

Warning!! Major shilling below


I got out of Tomb and let me tell you, 2Omb has never gone under peg except for 1 epoch

This is amazing!! All Tomb forks have gone under peg within a few days, except 2Omb

2Omb is more successful than papa Tomb

I purchased all my 2Shares at more than double the current price and yet, I'm still profitable and will recoup all invested capital in 3-4 days

How is that possible?? The reason is because over 2000% APR in the single staking of 2Shares paid every 6 hours

The LP 2Omb/2Share farm is paying over 2300% APR

That's APR not APY so can compound every hour if you want on LP's and every 6 hours on Boardroom and get hundreds of thousands of APY %

I only compounded rewards the first 2 days, gotta balance risk, lol

Then the project released 3Omb project as POL (Ohm protocol) protocol owned liquidity to support 2Omb/2Share

The future is bright. Very bright!! for 2Share

(2Omb is a peg token, not meant to go moon)

Printing money every single day, every epoch, every 6 hours, but every few seconds if in LP farm

iykyk

And this is during the cryptos carnage in BTC/FTM and all of cryptos

The key is to hodl and convert rewards to stables or FTM and sit back even if the token value crashes due to crypto market impact

As long as 2Omb doesn't rug, everything chill

I wish Fantom foundation sees that 2Omb is the successful peg token project and give the funding to the 2Omb project since the volume is great on it

2Omb is providing the liquidity peg to FTM purpose of Tomb but with a market cap that is so tiny

:D
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Thanks for elaborating, much appreciated. Looking through dexscreener, I'm not seeing the pool 2omb/2share. However, looking at those charts, ngl, they look like degens. How does this fork workaround the criticism of ohm being the "buyer of last resort" and left holding a worthless bag as mercenary liquidity moves elsewhere?
 
Sprout said:
Thanks for elaborating, much appreciated. Looking through dexscreener, I'm not seeing the pool 2omb/2share. However, looking at those charts, ngl, they look like degens. How does this fork workaround the criticism of ohm being the "buyer of last resort" and left holding a worthless bag as mercenary liquidity moves elsewhere?
More...

Disclaimer, I'm not an expert on Ohm-protocol but let me try to see if I can explain how I understand it (but there will be a lot of mistakes)

So, first thing that was said many times on the 2Omb Discord and there were AMA's with charts and diagrams even when new interested people would come in and ask questions was DO NOT BUY 3Omb or 3Share, farm it

3Omb is a token that is supposed to be algorithmically-pegged to the price of FTM, but it traded over $80 each

3Share is a token that is POL that is supposed to be a treasury to support keeping the 2Omb above peg (above 1.01 FTM), but it traded over $100K each

People kept going to the discord asking oh, 3 is higher than 2, and so on and so on, and the team and community kept saying to do not buy it, farm it, and sell it

Ngl, I was farming 3Shares on the first night when it was available to farm with 2Omb/FTM and 2Share/FTM, wow!! the rewards were insane!! payable in 3Shares tokens which I dumped every 15-30 minutes

The reason 3Omb and 3Share prices were so high were because in the beginning, there were very little in circulation and the only way to create them was to yield farm them, the very design of gathering liquidity and eventually building the treasury on 3Share as getting a premium for bonding 2Omb, 2Share and other tokens

There were traders claiming they made money on 3Shares buying and selling it or farming and immediately selling it, but I'm sure many, many lost money

There were so many AMA's on this, all recorded, the whole 2Omb community knew and knows not to buy 3Omb and 3Share but to farm them and anyone who was interested and asked questions on the Discord got the same info

So, to summarize, 2Omb and 2Share are the real Tomb-fork ftm-peg project and 3Omb and 3Share are to support the project

2Omb is a peg-token to FTM so it's not designed to moon but to keep above peg 1.01 FTM and 2Shares will stop inflation in April and and will become deflationary as people exchange for 3Share through bonding and 2Shares will be burnt

3Omb and 3Share will have its ecosystem with rewards and LP and such and quite possibly the community has discussed going there and farming and earning through staking, but at the end of the day, 2Share is the beneficiary of the 3Omb project by supporting the 2Omb to stay above peg and the 2Share keeps getting rewards in 2Omb tokens

A lot on that previous paragraph

Rewards, huge rewards for yield farming. Free to defi.

This 2Omb defi project is the best defi team/community that I've been in since I've discovered defi and yield farming 2 years ago

There is only 1 dev and he's a 16yo high-school student. How wild and degen is that?? lol

Community has talked about hiring additional solidity devs

In the mean time, every 2Omb epoch has been above peg, which means full money printing brrr rewards to 2Shares owners over 2000% APR

2Omb LP's are getting huge rewards over 2000% APR on 2Omb/2Share LP I'm in

I stopped farming 3Share last night, the rewards are like 2000% APR same as 2Omb LP, price of 3Share crashed from over $100K to $1.3K last night, lots of degens got hurt on that, sorry...

2Omb in following the Tomb protocol and "improving" and being successful, I wonder if Fantom foundation will recognize and give it funding?? That would be crazy

But remember, the purpose of Tomb protocol projects is to provide a substitute for FTM tokens to be used for liquidity in the ecosystem , esepecially in Defi, using Tomb or 2Omb instead of FTM, kinda like Dai instead of USDC/USDT
 
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