Thanks! Between this and TemptingBeef’s piece I’m starting to wonder if the halving and 4-year cycle drive price action at all, or if they simply create narrative framework for the big players. I’m not so sure Satoshi’s dream can stand up to the inherent human nature that drives the markets. And the overall Crypto Twitter narrative is not helping.
I'm a believer in the halving cycles. But in those cycles we get ups and downs. Nothing is ever straight nor smooth. Satoshi believed that speculation would actually act as marketing and aid in adoption.
Yes, I agree the cycles are real and do affect price. Great design by Satoshi! I did not know that about him saying speculation would act as marketing, but clearly it's 100% true. So I guess what I'm saying is that "marketing" is currently driving price faster and further than "fundamentals" (which is obvious I guess). I just hope the marketing does not leave the little guy in the dust, LOL. HODL on!
Thanks Ben, really appreciated your analysis about the wallet holders especially larger than 1K Holders. Wondering if you offer any actionable trading alert service? I'm using glassnode & cryptoquant and kind of disappointing. Any thoughts?
Those are great services. I personally like CQ more with it customization, plus Ki at CQ is a good dude.
We hope to add to the sector with our own version of alerts through ChainPulse. We've been working on it, but some of our Asian team got whacked with Covid, so moving a bit slower than expected.
Then Please keep me posted if a decent actionable alert/indicator subscription that is worthy does get developed, as I'm interested and seeking new tools. Thanks again for your update, it's very much appreciated, cheers!
Great info and synopsis. Thanks.
thanks for the update guys🥂👍
Thanks! Between this and TemptingBeef’s piece I’m starting to wonder if the halving and 4-year cycle drive price action at all, or if they simply create narrative framework for the big players. I’m not so sure Satoshi’s dream can stand up to the inherent human nature that drives the markets. And the overall Crypto Twitter narrative is not helping.
I'm a believer in the halving cycles. But in those cycles we get ups and downs. Nothing is ever straight nor smooth. Satoshi believed that speculation would actually act as marketing and aid in adoption.
Hi Ben, check out this https://www.investing.com/analysis/halving-myth-is-everyone-wrong-about-bitcoin-halving-200444619 I suppose whether or not it's real, so long as enough ppl believe it's real and act on it, then it is.
Yes, I agree the cycles are real and do affect price. Great design by Satoshi! I did not know that about him saying speculation would act as marketing, but clearly it's 100% true. So I guess what I'm saying is that "marketing" is currently driving price faster and further than "fundamentals" (which is obvious I guess). I just hope the marketing does not leave the little guy in the dust, LOL. HODL on!
Again a clear proof of how great you do your homework. Ben, fantastic job! Many thanks and respect.
Thanks Ben, really appreciated your analysis about the wallet holders especially larger than 1K Holders. Wondering if you offer any actionable trading alert service? I'm using glassnode & cryptoquant and kind of disappointing. Any thoughts?
Those are great services. I personally like CQ more with it customization, plus Ki at CQ is a good dude.
We hope to add to the sector with our own version of alerts through ChainPulse. We've been working on it, but some of our Asian team got whacked with Covid, so moving a bit slower than expected.
Then Please keep me posted if a decent actionable alert/indicator subscription that is worthy does get developed, as I'm interested and seeking new tools. Thanks again for your update, it's very much appreciated, cheers!
acquit him quickly waste no time, I wonder did he pay in doge
Not much just a few trillions in doge paid. We accepted few zillions in Shib token too