Discover and read the best of Twitter Threads about #Altcoins
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Altcoin Marketcap vs $BTC:Dominance -> Their is two main differences between 2014 and 2018:
#1 $BTC Dominance:
- never made a new high in dominance
- BTC gains from ALTs in it's big runs
- ALTs take from BTC after it tops
- BTC takes form ALTs after they top
#1 $BTC Dominance:
- never made a new high in dominance
- BTC gains from ALTs in it's big runs
- ALTs take from BTC after it tops
- BTC takes form ALTs after they top
#2 Margin Trading => the ability to short $BTC, $ETH, $XRP, $EOS, $LTC
- margin platforms take volume from ALTs on Spot
- their was no other way to make money except for ALTs - now you can short.
- shorting creates more selling pressure + buying pressure at reversal points
- margin platforms take volume from ALTs on Spot
- their was no other way to make money except for ALTs - now you can short.
- shorting creates more selling pressure + buying pressure at reversal points
1)I am seeing an increasing number of people under the impression that #lightning as an overlay bridge network for #blockchains (via atomic swaps) is a great thing for alts.
And they can not be more wrong.
In reality, Lightning is where #altcoins will come in droves only to die
And they can not be more wrong.
In reality, Lightning is where #altcoins will come in droves only to die
2) At the moment, all blockchains are entirely segregated from one another. The only real bridge that exists today are exchanges which are largely inefficient with enormous amounts of friction, ie. registration, KYC/AML, confirmation wait times for deposits/withdrawals, etc.
3) Friction & segregation of networks protects smaller networks from larger ones consuming & engulfing them. Network theory teaches us that we continually gravitate towards the singularity, after all this is the entire premise of a network. This is evident all throughout history.
Sure let's make some predictions for the next $crypto bullrun:
1a. GPU-algo PoW chains will have a hell of a time dealing with the sudden hashrate dropoffs from auto-switching to more profitable jobs than $mining, until an equilibrium is found, which will take awhile.
What kind of jobs? ML, AI, rendering, AWS compute competing...
What kind of jobs? ML, AI, rendering, AWS compute competing...
1b. This'll lead to chain attacks whereby fake jobs are posted to deliberately lower a chain's nethash and thus the threshold to attack it.
ASIC PoW networks won't have this substitutability so they won't be vulnerable to this vector.
ASIC PoW networks won't have this substitutability so they won't be vulnerable to this vector.
Pourquoi avoir une stratégie de cash out?
Il est important tout au long de la montée de vendre vos profits en #bitcoin ou #altcoins dans le but de sécuriser vos gains. Bien qu'on voudrait toujours tout laisser en #crypto, un gains qui n'est pas encaissé n'est PAS un gain.
Il est important tout au long de la montée de vendre vos profits en #bitcoin ou #altcoins dans le but de sécuriser vos gains. Bien qu'on voudrait toujours tout laisser en #crypto, un gains qui n'est pas encaissé n'est PAS un gain.
Premièrement, il faut déterminer des objectifs de ventes pour vos $BTC ou #altcoins (avoir plusieurs prix de ventes) et s'y tenir. Même si la hausse semble vouloir continuer, ne soyez pas gourmand et respectez vos plans. C'est plus facile de perdre que de gagner.
Vos 3 possibilités lors d'un bullrun:
1 - Sécuriser des gains en FIAT.
2 - Déplacer vos profits dans les #alts.
3 - Sécuriser ce que vous voudrez réinvestir en $USDT.
Généralement, je fais les trois.
1 - Sécuriser des gains en FIAT.
2 - Déplacer vos profits dans les #alts.
3 - Sécuriser ce que vous voudrez réinvestir en $USDT.
Généralement, je fais les trois.
1/ It seems every #trader has to do the same mistakes as their predecessors. There are #wisdowms you will only understand, if you have experienced them yourself. In this thread I will give you the #wisdom, which can make the difference between being broke and driving lambos #btc
1/ Story time with needacoin.
A long long time ago I was going into my real job like I did 5 days a week. Something about this time was different. It wasn't the smell of the overweight men who barely took care of themselves, no it was $vrc and $blk just went moonbound.
A long long time ago I was going into my real job like I did 5 days a week. Something about this time was different. It wasn't the smell of the overweight men who barely took care of themselves, no it was $vrc and $blk just went moonbound.
2/ As I walked up the stairs to the cafeteria I stopped and looked out into the parking lot. You know what I could see? DEBT. People who drove nice vehicles so they could work all day and go home broke. One fella walks up and says "the long weekends are never long enough"
3/ This is when it hit me! I have an opportunity and I either take it now or in 20 years I will be standing here telling the next generation the long weekends are never long enough. I walked up and asked my boss for a leave of absence so I could pursue my crypto dreams.
We're attracted to having large numbers of things.
Some #altcoins should therefore split to unlock latent value; the more utilitarian the $crypto token, the more potential benefit if cheap & numerous.
eg $GEO - large caches seem more bountiful, single tokens have cheap utilities
Some #altcoins should therefore split to unlock latent value; the more utilitarian the $crypto token, the more potential benefit if cheap & numerous.
eg $GEO - large caches seem more bountiful, single tokens have cheap utilities
More examples:
$BLOCK - Service rewards are non-decimal numbers
$FANS - small bets are still whole numbers; big bets are BIG numbers
$DCR - better representation as a currency as well as store of value
$BLOCK - Service rewards are non-decimal numbers
$FANS - small bets are still whole numbers; big bets are BIG numbers
$DCR - better representation as a currency as well as store of value
Everyone says #Bitcoin is infinitely divisible and wallets can be revised to move the decimal, but no coin to my knowledge has ever done this (instead splitting by fork). Attempts to hack people's impressions, like promoting denomination in bits (100 sat), have failed so far.
