The whole crypto space is bullshit.
Blockchain is good tech - blockchain is and will continue to see adoption.
Your beloved shitcoins won’t. Explains why so many of you get triggered when I short yr beloved ponzis.
When you fathom that you’ll appreciate they’re just a vehicle to be traded.
Bitcoin is the exception as a cryptocurrency.
Information asymmetry is real.
Right now the people with more money and less knowledge than you determine the #bitcoin price.
This makes for a great trade,
you can have their #bitcoin today, and in the future, they can have your knowledge.
Also must see!
Hello to you too!! Welcome at Nostr!!
Know what you want! do you want to lose fat, do you want to gain muscle, do you want to lose weight, do you want to gain weight. An adapted lifestyle, correct nutrition, correct exercises. but above all persevere!
silvergate bank had a less risk policy than most traditional banks. if sivergate bank goes bankrupt, don’t other traditional banks also run the risk of falling?
TLDR on why banks in the crypto/VC sector are starting to drop like flies:
- These firms saw their deposits go exponential during the post 2020 bubble
- Due to 0% short end rates, these firms went all in on long duration investments
- As the bond bubble burst, these firms face massive unrealized losses that are forced to be realized in the case of mass withdrawals
- They sell bonds, crystallizing losses, and a reflexive panic for equity holders and depositors ensues.
first they ignore you!
Than they laugh at you!
And now they fight us!! #bitcoin
Almost a month ago people wanted to get into #Bitcoin , and rushed over each other.
Price has dropped 20% since then, which is the time you should start accumulating, and not when things have been rallying massively.
Countertrade your emotions.
when you're in the bitcoin world you can't get around Nostr, first I wanted to test it, now I want to stay!!
Bitcoin still >$20K after one of the largest crypto exchanges in the world blew up, one of the largest crypto hedge funds in the world blew up, bank run and liquidation of the primary crypto banking partner, fastest tightening cycle of monetary policy ever, and more.