Top 10 Tweets - Bitcoin supply vs. demand
|Kurt Grela||Jan 12|
Sorry this is such a blockheaded move by HSBC. Customers will find another bank. Rather than resisting blockchain technology, they should be embracing it. It's here to stay.
There is now more than $3 billion worth of positions liquidated in the last 24 hours. Interesting day to say the least and pretty sure the second highest liquidations in a day after the March collapse
This is the same guy who on December 16 said "Bitcoin Should Be Worth $400,000" and allocating to bitcoin "it's a little more challenging with the current price closer to $20,000". Sounds like he wants everyone to dump so his firm may buy the dip.
Scott Minerd @ScottMinerdBitcoin's parabolic rise is unsustainable in the near term. Vulnerable to a setback. The target technical upside of $35,000 has been exceeded. Time to take some money off the table.
Watching the cryptos trade, it’s EXACTLY like the internet stock bubble. EXACTLY. I think btc, eth , a few others will be analogous to those that were built during the dot-com era, survived the bubble bursting and thrived, like AMZN, EBay, and Priceline. Many won’t
Along the way MANY fortunes will be made and LOST and we find out who has the stomach to HODL and who doesn’t. My advice ? Learn how to hedge.
As during the dot-com bubble “the experts” try to justify whatever the pricing of the day is. Crypto , much like gold , is a supply and demand driven All the narratives about debasement, fiat, etc are just sales pitches. The biggest sales pitch is scarcity vs demand. That’s it
I am very excited that my new article is out, published with the ! "How Monetary Policy And Dollar Devaluation Are Driving Institutional Interest In Bitcoin" $btc
extends losses as UK's financial regulator FCA issued a very blunt warning about the rise of bitcoin and other cryptocurrencies: 'Prepare to lose all your money.'
“When we approach $100 grand, that’s when you’ll see it all over the place. And that means [we’ll be] in the latter stages of the cycle,” says . Long read With
"[ ] supply is shrinking, demand is expanding at a rapid rate, and it's driving the price up." – Episode now free to watch on YouTube:
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