Discover and read the best of Twitter Threads about #HODL
Most recents (6)
1/ I believe the reason we are not seeing any movement in the price of #bitcoin from today's mega announcement from @NYSE @Starbucks @Microsoft @BCG is because #crypto now values delivery (scarce) over talk (abundant) fortune.com/longform/nyse-…
2/ In traditional markets, public announcements are often made only after material results and impact are delivered, whereas in the crypto markets, public announcements have been used as a means to raise money (to start to build, execute, and deliver)
3/ Crypto markets and investors have become so desensitized to public announcements and press releases about the intent to deliver future products and code, that announcements (even ones as significant as this one today) are bucketed into the "huh, that will be cool" category
A thread on devs + daily active users (DAUs) 👇
- #Ethereum code school CryptoZombies trained 208k+ users and is growing by 30k+/mo
- Truffle has 580k dls, up 56% last 3 mo
- MetaMask has >1m users
- GitHub lists 14k $ETH-based repos and 220k commits
- 1500+ dapps are in dev
/1
- #Ethereum code school CryptoZombies trained 208k+ users and is growing by 30k+/mo
- Truffle has 580k dls, up 56% last 3 mo
- MetaMask has >1m users
- GitHub lists 14k $ETH-based repos and 220k commits
- 1500+ dapps are in dev
/1
- ETH does more tx and active addresses than BTC
- No, batching doesn't make up the dif in tx
- Of the top 100 tokens by MC, 94% are built on Ethereum
- EEA boasts 500+ members
- Brazil, Canada, Zug, Chile, Dubai, and Estonia are experimenting w/ government apps on Ethereum
/2
- No, batching doesn't make up the dif in tx
- Of the top 100 tokens by MC, 94% are built on Ethereum
- EEA boasts 500+ members
- Brazil, Canada, Zug, Chile, Dubai, and Estonia are experimenting w/ government apps on Ethereum
/2
On the topic of daily act addr (DAA):
Value transfer is a use case and those *transacting value daily* are DAUs you morons.
Fundraising with $ETH = MOE.
By DAA, Ethereum has as many or more users than BTC.
/3
Value transfer is a use case and those *transacting value daily* are DAUs you morons.
Fundraising with $ETH = MOE.
By DAA, Ethereum has as many or more users than BTC.
/3
1/ #Hodling is a lot harder than it looks, as it requires the choice of *no action* in an action-oriented culture.
2/ One of my favorite classes in college was called, "A Life of Contemplation vs Action," and it revealed humans repeatedly choose "action" over "no action," even when statistically "action" has clearly been proven to be the wrong choice.
3/ Take soccer goalies, for example. Statistically, they have better odds of blocking a penalty shot by staying in the middle of the goal (no action) and defending from there. Yet, the majority decide to jump right or left (action), decreasing their odds of success.
1/Satoshi developed the best weapon to fight banks we've ever seen. Satoshi brought the war on banks to the masses & then passed the baton to us. It's now up to our generation to use/evolve/strengthen this weapon towards the central banking cartel that means to enslave you.
2/We would prefer this transition to be as peaceful as possible. Bitcoin is 100% voluntary, optional, opt-in. You may join, or not. But you cannot run, you cannot hide. Tales of bitcoin's inability to be stopped are already echoing across every gov official's desk.
3/They will fight back but they will lose. We have transparency, technology and sovereignty on our side. If you wish to join the bitcoin movement we'd love to have you. All we ask is that you follow your passion. Do what you love, but do it with bitcoin.
1/ quick history of bitcoin crashes (spoiler, price goes back up)
August 2012, followed by 5 months of sideways then ATH
August 2012, followed by 5 months of sideways then ATH
2/ April 2013 followed by 4 month bear market, then ATH 2 months later 
3/ December 2013 when I bought my first bitcoin (at the top) followed by essentially a 2 year bear market with some fakeout rallies along the way, new ATH not until Feb 2017. 
Bitcoin tax questions I ask myself:
1/ I bought Bitcoin for $1k in April. Now it’s $10k. Did I just make $9,000?
I think you're forgetting something. There's only two things certain in life: death and...
1/ I bought Bitcoin for $1k in April. Now it’s $10k. Did I just make $9,000?
I think you're forgetting something. There's only two things certain in life: death and...
2/ Taxes...what?! Cryptocurrency is beyond the government's control, man!
Government won’t shut down Bitcoin, but US citizens still owe tax on worldwide income. Tax evasion, in extreme cases, leads to imprisonment.
Government won’t shut down Bitcoin, but US citizens still owe tax on worldwide income. Tax evasion, in extreme cases, leads to imprisonment.
3/ OoF! How much tax do I have to pay on Bitcoin profits?
The top income bracket in the US pays 39.6% short-term capital gains which is $3,564 for you. But if you #hodl for over a year, long-term capital gains is only 15%.
The top income bracket in the US pays 39.6% short-term capital gains which is $3,564 for you. But if you #hodl for over a year, long-term capital gains is only 15%.
