@wilbot28 @RichardMcCrackn @jmcorgan some get dragged back to “there’s a chance” on altcoins, or some multicoiner view point. it’s alluring to them as they think they can make money on cheap coins due to unit bias. but IMO utility coins make no sense. read @jlppfeffer investor thesis for why

@wilbot28 @RichardMcCrackn @jmcorgan some get dragged back to “there’s a chance” on altcoins, or some multicoiner view point. it’s alluring to them as they think they can make money on cheap coins due to unit bias. but IMO utility coins make no sense. read @jlppfeffer investor thesis for why https://t.co/5rhiDMqHMm

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@liujackc Jack, what people fail to understand is payments have higher velocity, so even if adoption succeeds, the value of the token will be low. Money is a shelling point so people want to use a common money, security verifiability etc. It makes far, far more sense to use bitcoin layer2s

@liujackc Jack, what people fail to understand is payments have higher velocity, so even if adoption succeeds, the value of the token will be low. Money is a shelling point so people want to use a common money, security verifiability etc. It makes far, far more sense to use bitcoin layer2s

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@BasedPangloss @SantiagoAuFund Makes no sense in a debt crisis to take refuge in the debts of the world’s largest debtor. This will be a run on the U.S. dollar, and any debt denominated in dollars.

@BasedPangloss @SantiagoAuFund Makes no sense in a debt crisis to take refuge in the debts of the world’s largest debtor. This will be a run on the U.S. dollar, and any debt denominated in dollars.

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Why The Double Top Narrative In Bitcoin Doesn’t Make Sense

Bitcoin price just set a new all-time high today, and then immediately dropped $500 and is trading below the former peak once again. Murmurs of a “double top” scenario have been making rounds across the speculation-driven crypto community. However, one well-known crypto trader and analyst explains why such a scenario is nearly impossible, due to […]

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Bitcoin (BTC) $ 26,249.03 0.69%
Ethereum (ETH) $ 1,590.68 1.33%
Litecoin (LTC) $ 64.32 0.34%
Bitcoin Cash (BCH) $ 214.51 3.62%