BC BITCOIN
Saved by @Mollyycolllinss

I have a different take on bitcoin, tether, and dollars

Can also speak with authority on nation state violence

"Nothing makes you feel more free than taking another person's freedom"

 @coloradotravis and @profplum99 concerns with tether, bitcoin, and decentralization make sense yet I remain long BTC

They are correct on force, I worked in decentralized societies, they are dangerous because the state does not have a monopoly on violence
For those in the first world who have never seen a milita ride out of the desert, kill and enslave farmers, and the government cannot stop it because the 21st century slave trade pays better than the UN, the reality of decentralization is might equals right
I know, that isn't the decentralized future Buterin talks about while wearing a t-shirt with a cat fighting space invaders on it (love those shirts)

But we need to be real, disrupting the global centralized economy won't be like Uber putting taxis out of work
It will be war and faminine level disruption as old empires come alive again

For decentralization to rise the centralized global power of the last 70 years (US Hegemony) has to weaken

Yes we will be rich, but as the Big Short says,

"you can be happy, just don't fucking dance"
There is a much larger discussion to be had on old empires coming alive and US Hegemony fading with security of trade across oceans and changing demographics

Piece I wrote is here, but lets stay focused on tether, bitcoin, and dollar for now

https://t.co/nT6gw6Xw6v
When I saw Chinese businessmen using tether for cross border payments to circumvent SWIFT, I got it

They are doing what the CCP does best

Using the US's 70 years of geopolitical power, 10 aircraft carrier battle groups, and GDP strength without having to pay for it
Seriously doubt tether is backed

Would be a wasted opportunity by the CCP

CCP doesn't want fair anything, they want to undo the shame of the Opium Wars and treat the West the way we treated them in the 19th century

But don't care, bitcoin could drop to $1k, would just buy more
Bitfinex will doubtfully ever get called on tether, they are the 21st century Chinese equivalent of Sir Francis Drake

Privateers running an unlicensed federal reserve branch printing free dollars with the protection of the CCP and fear their displeasure much more than SDNY AUSAs
Bitcoin investors happened to stumble into geopolitics and are shocked the Great Game is so dirty and grey

Tether and bitcoin are nothing

China kills Indians in the Himalayas to keep India engaged there so its navy does not have funds for defenses at the Strait of Malacca
So not worried about tether, if btc drops, I buy more, trust it more than Fed now

You would too if you graduated in 2007 for the GFC, spent a decade overseas at war while fed and boomers had a party, came back for a pandemic, everything is expensive, and it all feels fake
I just can't get excited about buying Airbnb at 28x EV/S, or using my VA loan on a $800k house

Then I look at https://t.co/j0Jxx4Xsjs, see my cost of living going up 12% a year, and it is frustrating

Makes the whole traditional financial system feel dirty
I would love to have a better option than bitcoin, if I was worth $5 mil, I would have different tools and maybe not be in bitcoin

But I don't, so I just stay long bitcoin, and will go into other investments when I find ones I think are good value and make sense to me
Also, don't want bitcoin to be the new global trade currency

None of us should because the only thing that protects global trade is violence and that requires dudes like me

Think people get confused about security

Bitcoin being secure isn't the same as shipments being secured
Don't want btc to be anything else than it is already

An alternative asset class

I no longer trust the system I grew up loving and gave years of my life defending

It isn't the life I wanted, but I didn't choose it, the Fed did

At least bitcoin lets me not be angry about it
So to wrap up, CCP would disappoint me if they weren't printing fake dollars, doubt audit happens

If btc falls I buy more, trust it more than Fed

Shift from US Hegemony and dollar larger than bitcoin, but don't want to see dollar fall

Look forward to having better options

More from Bitcoin

Piyush Chaudhry
Piyush Chaudhry
@piyushchaudhry
#Bitcoin has completed a Zig Zag formation from it's inception.
Break below Orange Trendline would confirm the termination.
Post that it can correct to the shaded zone by the given time frame.
It's been a major surprise that it all transformed into a Zig Zag and not an Impulse.


Other Technical factors:
• An H&S breakdown
• Break below Anchored VWAP from March 2020 Lows
• Volume Distribution
BITCOIN
Rocketboom
Rocketboom
@Rocketboom
Hello and good Friday, January 28, 2021, I’m Drew and this is Rocketboom [chair breaks]

I see many people are missing why ‘digital currency’, e.g. #Bitcoin is an important disruption in the world. It's not actually about stock trading. It’s waaaaaaaaaay bigger than that.

I USED TO DO A THING. I wrote scripts to break down these kinds of topics. I felt compelled to come back out and explain because its such a big idea...and too many people are not seeing it.

TLDR; Digital currencies allow people living in impoverished nations to transcend the failures of their individual governments, such that their work and purchase power becomes more equal in potential to those in the wealthiest countries.

Examples are always nice. Lets. [cut to voice over]
BITCOIN
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Dan Held
Dan Held
@danheld
1/ Satoshi’s Vision™ is a silly endeavor, as it doesn’t matter what it was, we are where we are now. However, those pushing the “Bitcoin was first made for payments” narrative insist on cherry-picking sentences from the white paper and forum posts to champion their perspective.

2/ The following tweetstorm is a categorical repudiation of this tired narrative. Bitcoin was purpose-built to first be a Store of Value (SoV), a thread:

3/ How do we determine Satoshi’s intention? We need to look at his ideology, description of functionality/architecture, timing, and audience. Let's start with how Satoshi describes the problem Bitcoin solves. In his first public comms after the whitepaper, in the first paragraph:

4/ “The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi

5/ He later expands on that Libertarian thought in his other writings:

“[with Bitcoin] we can win a major battle in the arms race and gain a new territory of freedom for several years.” — Satoshi Nakamoto
BITCOIN
Dan Held
Dan Held
@danheld
1/ The Price of Bitcoin

- Why price is entirely what matters
- How the price helps build Bitcoin

A thread👇

2/ Marketing viral loop

“A viral loop is a mechanism that drives continuous referrals for continuous growth.

It’s how you drive your existing customers to refer others to your brand, and in turn, get those new customers to tell even more people about you." - @ReferralRock

3/ Most of us heard about Bitcoin in 2013, 2017, when friends and family were talking about the rapid price increase. It’s through this viral loop that Bitcoin grows in adoption.

4/ The price is that signal to folks that Bitcoin is interesting, solves a problem, and that others are recognizing it as a new money. If Bitcoin’s price had stayed at $100 none of us would be here. While there is volatility, we keep seeing higher lows = long term trend upwards.

5/ Satoshi built a viral loop into Bitcoin.

“As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value.” - Satoshi
BITCOIN
RealRLD
RealRLD
@rld_real_CPR
https://t.co/kWHHSWdlw2 #GoldStandard #Bitcoin #BTC
#Covidstroika
BITCOIN

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5 star RSI Strategy by @VishalMalkan

Unconventional approach of 60-40 RSI and range shift concept.

According to him,
whenever the market is bearish,
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and whenever in a bullish trend,
it won’t be able to cross 40.

Like & Retweet for Maximum Reach.

So, instead of the 70-30 Relative Strength Index,
we will use the 60-40 range for the RSI indicator for this strategy.

When the
Monthly and Weekly RSI>60,
& when the RSI takes support at 40 in the daily chart,
it may bounce back and most probably it will not go below 40.

If a bullish candle is formed at the 40 RSI level,
the prices may bounce back, and one can enter the stock.

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and the target can be the 60 RSI level.

When the
Monthly and Weekly RSI<40,
& when the RSI takes resistance at 60 in the daily chart,
it may bounce back and most probably it will not go above 60

If a bearish candle is formed at the 60 RSI level,
the prices may bounce back from there, & 1 can enter the stock 4 shorting

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#banknifty

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Mystery Grove Publishing Co.
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By popular demand, here is the official Mystery Grove Film Recommendations list. Watch all of these in order if you want to truly understand the world we live in today.
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Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
Did you know?
Ahilyabai Holkar was one of India's
greatest women rulers of all time.

Ahilyabai was Born on May 31,1725 in the village of Chondi,Jamkhed distt,Maharashtra to a man named Mankoji Shinde,who was the Patil(Chief) of a village and a member of proud Dhangar Community.


Despite the fact that girls' education was a farther dream in those days, Ahilyabai was homeschooled by her father.
Ahilya didn't belong to any royal family but in a twist of fate she is still remembered as one of the most revered Queen in the history.


While they were living their humdrum lives, one day Malhar Rao Holkar, commander of the Peshwa Bajirao & Lord of the Malwa stopped in Chondi on his way to Pune, where he couldn't help but notice a young 8yrs old Ahilyabai in the temple service feeding the poor & hungry.

He was so impressed by the sheer innocence&beauty with simplicity character of Ahilyabai dat he asked her hand in marriage for his son Khanderao Holkar.Just like that she got married to Khanderao in 1733 at a tender age of 8&became a bride of esteemed Maratha community of Holkars

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Patrick McKenzie
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It’s underremarked upon that stablecoins accomplish basically all of the original design goals for Bitcoin qua a transactional mechanism (instant free value transfer anywhere), but that nobody cares about this because nobody ever cared about that part of the pitch.

“Why do people care about stablecoins then?”

A mix of “they encourage dollar-denominated liquidity in the cryptocurrency ecosystem and discourage withdrawal of the same” and “they’re good for money laundering.”

“But they make value transfer between exchanges much faster!”

This was a solved problem in traditional finance, too, mostly through the extension of credit. (It doesn’t matter how long settlement takes if there is sufficient trust to enable credit.)

The Bitcoin ecosystem is *positively allergic* to credit, so you have to call it a coin for them to accept it. And after you call it a coin they ignore everything the world has learned about credit, like risk management.

“Stablecoins aren’t credit!”

They’re pretty much exactly credit? A tether is a zero-coupon Bitfinex bond with a non-functioning call option. I
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Vibhor Varshney
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On the occasion of youtube 20k and Twitter 70k members

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Screeners

technical screeners - intraday and positional both

before proceeding - i have helped you , can i ask you so that it can help someone else too

thank you

positional one

run - find #stock - draw chart - find levels

1- Stocks closing daily 2% up from 5 days
https://t.co/gTZrYY3Nht

2- Weekly breakout
https://t.co/1f4ahEolYB

3- Breakouts in short term
https://t.co/BI4h0CdgO2

4- Bullish from last 5

intraday screeners

5- 15 minute Stock Breakouts
https://t.co/9eAo82iuNv

6- Intraday Buying seen in the past 15 minutes
https://t.co/XqAJKhLB5G

7- Stocks trading near day's high on 5 min chart with volume BO intraday
https://t.co/flHmm6QXmo

Thank you
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