Total 19M BTC (realized price ~$22K), but 2 very distinct groups: - 11M BTC in profit (average buy price ~$7K) - 8M BTC in loss (average buy price ~$43K) https://t.co/bHT1j1Q6xd
Backtesting is implemented to ensure the profitability of a trading strategy. Essentially, it's testing a trading strategy on historical chart data to see if it works. https://t.co/hbgX8paMe5
Stop what you’re doing NOW and buy a cold wallet.
Get your money off exchanges. I had $100 on Celsius in a stable coin to see if the 8% APY was legit. I left it on there for a year and now I can’t access it. I can’t tell you how frustrating it is and that’s only 100 DOLLARS! Imagine if it was thousands... I just got most of my crypto assets off of coinbase and it feels great. These companies that seem too big to fail, can. Then they use everyday people like us to clean up their mess. Learn from my mistake. Stop what you’re doing at this moment, buy cold wallet storage. It takes 30 minutes to set up and you have piece of mind about your crypto. Much love <3
One day your stack will be the block reward.
A String of 200 'Sleeping Bitcoins' From 2010 Worth $4.27 Million Moved on Friday
You are probably reading this tweet because you are easily distracted.
SCOOP: @APompliano and @MarkYusko’s Morgan Creek Digital are trying to put together an alternative rescue package for @BlockFi. Why? @FTX_Official’s $250M credit line stood to wipe out BlockFi shareholders, including Morgan Creek. @0x_bae reports https://t.co/Lye3kuOXfX
How will Bitcoin scale?
So when I ask the maxis say LN and then never respond to my follow ups (or it derails/they admit it will be centralised). But to me lightning network doesn't answer or solve scaling because of its limitations. Quote from the lightning whitepaper p.55 "If all transactions using Bitcoin were conducted inside a network of micropayment channels, to enable 7 billion people to make two channels per year with unlimited transactions inside the channel, it would require 133 MB blocks (presuming 500 bytes per transaction and 52560 blocks per year)." So Bitcoin can't scale, right? Because with the 1mb limit that's 56m people using lightning at most (assuming no shady actors, no people needing to open new channels to put in more funds etc). What am I missing? How will it scale without being centralised? If you scale by making the block size bigger, why would that be the real Bitcoin when multiple forks have already been done already like BCH?
From an investment thesis (all things ceteris paribus), it's a great period to look for those #altcoins that you want to have. In 2021, everyone dreamed of buying those at those low price values. Now the chances are there and people don't dare to make the decision. Typical.
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