BC CRYPTO
Saved by @CodyyyGardner

We had a really good year at
@BitsikaAfrica
so I'm very happy to share with you. Our numbers from 1st January 2020 to 1st January 2021.

1. Volumes. We processed a total of $39,953,115 in 2020. This total came from an addition of $18,872,474 (in deposits)...

 + $17,890,807 (in payouts) + $3,189,834 (internal peer-to-peer transfers). These volumes are from self-determined, autonomous [successful] transactions that users initiated and performed themselves. We did NOT count system transactions that users did not initiate.
Compare that to the $974,864 we processed in 2019.
2. Transactions. We processed a total of 268,430 individual [successful] transactions. These numbers are from self-determined, autonomous transactions that users initiated and performed themselves. We did NOT count system transactions that users did not initiate.
Of the said successful transactions, 21,418 were internal peer-to-peer [successful] transactions. The rest are a combination of deposit and payout transactions. Compare that to the 4,832 [successful] transactions we did in 2019.
3. Users. As of this morning, we have 95,509 registered users; more than 95% of these users came in 2020. In 2020, 16,507 individual users made at least one successful transaction.
Over 40,000 users verified their phone numbers and almost 16,000 people verified their identity with a national ID.
4. Balances. 11,142 users currently have some money on the app, waiting to use it on any of our many features.
5. Revenue. We collected $1,027,583 in fees in 2020 as compared to $329 (yes) in fees in 2019. This number is NOT our take-home profit. After expenses and payments to our other third-parties are done, what we're left with (net profit) is significantly much less.
The best part about this particular metric is that it has helped us remain technically profitable and cash flow positive for every single month of 2020.
6. At the start of 2020 (in January), my team and I said that if by the end of the year, we could get 20,000 users and process $10,000,000 in transactions, we would be very happy and would have hit a moonshot. Safe to say we far exceeded our own expectations.
7. These numbers are self-reported, but apart from our internal peer-to-peer transactions and volumes, there is an additional receipt of every single one of our transactions in the databases of their-party platforms like
@theFlutterwave
...
...and its equivalent for the other currencies we serve. This makes transparency much easier.
8. In 2020, we processed the numbers above, signed
@johndumelo1 and @1RealJoeyB
as ambassadors. We also got the opportunity to invite
@davido, @asaasika and @Prince_II
as shareholders.
Many designers in our ecosystem also voluntarily redesigned our app to our delight. https://t.co/Vu0lk2jA3g
9. 9. For 2021, we want to raise our Series A, get our own licenses in all the markets we operate, start our internship program for the design and tech communities and provide more features in our app to expand our reach in and beyond fin-tech.
We will also redesign our app and make sure we increase our uptimes and fix all bugs users experience. And please tell Davido to stop crushing our app every time he does a giveaway Face with tears of joy.
10. If we’re able to repeat these numbers, I’ll be so happy. Just hope we’re all there to see that happen. If you’re a young developer out there, please go and build your dreams. I can’t believe we came this far so quickly. Just look where we were exactly a year ago.
Never thought we would get here. Just look where we were exactly a year ago. Never thought we would get here. https://t.co/DYPvGirRcZ
11. Real ones remember when we got our first 100 users? I was sitting by my laptop soo happy. 😭. I still stand by my message in this tweet below. https://t.co/MLVK5sDkKu
12. If you have any questions about these numbers or need some clarification, feel free to tweet at me. Will answer all of them. Feel free to DM me for private discourse as well.
13. Humble beginning, guys. https://t.co/MJ5x4j1g5w

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@xrpartisan
1/20 Bitcoin is too slow and expensive for payments. We all know this. To solve this problem, the Lightning network is being built on top of Bitcoin's blockchain. Will it be the end of XRP?

(Video version @ https://t.co/7zJCuKrpqx)

A thread. 👇


2/20 On a normal day outside a bull run, Bitcoin takes ~10 mins to transfer, at a cost of about $0.50. Any time network activity ramps up, those times and fees multiply. Bitcoin's Proof of Work system is painfully slow and can only handle 7 transactions per second.


3/20 To attempt to solve this problem, the Lightning Network is being developed. It's a 2nd layer network that sits on top of Bitcoin's blockchain. It's been in the works since 2015. Yes, 6 years. Do you know anybody who uses it? Me, either, but I'll get to that.


4/20 Lightning works by opening "channels" between parties. Those parties can perform as many Bitcoin transactions as needed and then close the channel. Because the transactions aren't written to the Bitcoin blockchain until the channel is closed, it's much faster.


5/20 Individual payment channels between various parties combine to form a network of lightning nodes that can route transactions among themselves. The resulting interconnections between various payment channels is the Lightning Network.
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Emperor\U0001f451
Emperor👑
@EmperorBTC
Go to 1-4 hour chart.

Use the following EMAs.
13,21,50,180.

Look for a period of consolidation and
13>21>50>180.

Wait for a pull back to 13EMA.
If bounce occurs with volume, Enter.

Exit on bearish cross with 21>13.
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0xB1AdceddB2941033a090dD166a462fe1c2029484
0xB1AdceddB2941033a090...
@0x_b1
0/ Predictions for 2021:
(This is not investment advice, or any other type of advice. DYOR)

1/ #ETH hits new ATH(s).

2/ #Bitcoin breaks $55K; but BTC YE2021 close is < $30K.
wins!

3/ > 3 billion-dollar crypto IPOs successfully occur (eg CoinBase, BlockFi, et al).

4/ @SBF_Alameda’s ‘off-chain BTC folding’ strategy goes unnoticed; whole crypto ecosystem wins!
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Subhadip Nandy
Subhadip Nandy
@SubhadipNandy16
Will start this thread with a disclaimer. I have never invested a rupee in cryptos 😀

But I have studied bull and bear cycles and financial bubbles extensively. Saw 1992, 2000, 2008 with own eyes. The first one as a novice, the next two when I knew to analyze

The amount of chatter I am seeing in friends, family and social media about cryptos has gone through the roof. For everyone, it's a dream to make 100x or even 1000x easily. Basically, become stinking rich easily
( it never happens )

In any financial bubble, the top is made in extreme speed and violence. The distribution happens on the way down. Unless one saw the rates of 65k on bitcoin, one wouldn't buy at 30-35k or 20k. That 65k is an anchor point which leads to greed

During the tulipmania, a single piece of tulip reached a price of $750,000 in today's money. When we see that history, we think "what idiots". But consider this, as of now meme coins generated by someone in their garage are being traded at absurd prices


Then there is this joke called NFT. A piece of "digital art" basically made by someone on their computer ( who is not even a known artist) are being sold for millions of dollars
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Vagobond
Vagobond
@vagobond
This might take a few tweets to get out.
1/ The ICO boom in 2017 and the altszn in early 2018 were unique in that crypto was a largely unregulated space where countless fools were getting lucky on the bad luck of greater fools. This was largely fueled by Ethereum and the ability

2/ to create tokens and contracts from thin air but it got thrust from the post halving BTC bull market and the unique phenomenon of 'crypto kitties' which were both like booster rockets and drew huge media attention to the entire crypto space

3/ Crypto wasn't new in 2017-18 but it was new to most of the people who were seeing it on the evening news, CNBC, etc. Seeing construction workers buying new trucks with crypto riches and idiotic crypto-rich in lambos and moving to Puerto Rico -

4/ - these images captivated lots of people and inspired the idea of 'I missed out before, I don't want to miss out this time' in relation to stocks, internet, tech, real estate, and more. The important ingredient was 'If those people can do it, I can do it'

5/ The inclusion of a character like John McAfee and the entire ICO industry created a greedy free for all where for every good project there were fifty worthless ones - but sometimes, a diamond emerged from the shit
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Gunaseela Mahatmyam,a chapter of Bhavishyottara Purana describes greatness of this place.

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Prasanna Venkatesa Perumal is in a standing posture with 4 arms holding sankha & chakra in the upper hands.The lower right hand is in abhaya pose,blessing devotees &left hand is in kati hasta,resting on waist.

A sceptre(senkkol)rests on right shoulder,with which this murti is believed to cure people affected by mental illness.These patient stay here for a period-48 days& participate in poojas&most of them get relieved of their problems.There is a temple run Mental Rehabilitation center

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Thalpiya Maharishi along with his disciple Gunaseela Rishi once went to Himalayas.On his way back, Gunaseela Rishi stayed back at Tirupathi.


He was so wanted to have darshan of Venkatachalapathy in Gunaseelam near his asharam & bless the devotees.

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The New York Times
@nytimes
Stan Lee’s fictional superheroes lived in the real New York. Here’s where they lived, and why. https://t.co/oV1IGGN8R6


Stan Lee, who died Monday at 95, was born in Manhattan and graduated from DeWitt Clinton High School in the Bronx. His pulp-fiction heroes have come to define much of popular culture in the early 21st century.

Tying Marvel’s stable of pulp-fiction heroes to a real place — New York — served a counterbalance to the sometimes gravity-challenged action and the improbability of the stories. That was just what Stan Lee wanted. https://t.co/rDosqzpP8i


The New York universe hooked readers. And the artists drew what they were familiar with, which made the Marvel universe authentic-looking, down to the water towers atop many of the buildings. https://t.co/rDosqzpP8i


The Avengers Mansion was a Beaux-Arts palace. Fans know it as 890 Fifth Avenue. The Frick Collection, which now occupies the place, uses the address of the front door: 1 East 70th Street.
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Seth Abramson
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(MAJOR NOTE) The reason Manafort took over Trump's campaign in just 3 weeks despite being hired as a mere delegate counter is that ROGER STONE initiated a whisper campaign against Corey Lewandowski. That campaign started...days after Manafort returned from meeting with WikiLeaks.

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And who was Stone in touch with at the campaign? Trump himself.

3/ I bet you Manafort's late March emails are very interesting and that some of them are to/from his longtime business associate Roger Stone. And I bet Roger Stone's late March phone calls are very interesting and that some of them are to/from his longtime friend Donald Trump.

4/ At the end of March 2016, Trump suddenly convenes a NatSec meeting. At that meeting he directs his NatSec team to change the RNC platform in July to benefit Putin. Who later takes credit for that change?

Paul Manafort's business associate, Kremlin agent Konstantin Kilimnick.

5/ Why did Donald Trump suddenly convene a NatSec meeting 3 days after he finally hired Manafort? Why did he issue a pro-Kremlin directive at that meeting that Manafort's camp would later take credit for? What did Manafort tell Trump in the days leading up to that NatSec meeting?
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@naval
How to Get Rich (without getting lucky):

Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.

Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.

Ignore people playing status games. They gain status by attacking people playing wealth creation games.

You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.
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