Well, if you hoping for a one-way ride to new all-time highs – you’ve been disappointed. Bitcoin is going to have to do a bit more heavy lifting before we see blue skies. You may yet get another opportunity to accumulate BTC at sub 10k. Regardless, the crypto sky isn’t falling but some pointless Alts are certainly dying.
Crypto just crossed Donald Trump’s desk – he ‘thinks’ he doesn’t like it. My guess – Libra was explained to him -Bitcoin was referenced during that explanation. Libra = Facebook. Facebook is bad (usually unkind to the President). By extension Libra = bad and by association – Bitcoin = bad. Let’s see how this ‘stance’ develops in the coming months.
Picks of the Week
Excellent summary of Binance’s recent performance and tokenomics (recommended):
Speculating vs Investing:
Craig Wright seems to have come late into his ‘creation’ – I only link this so you can entirely move on from any consideration of this person as Satoshi Nakamoto:
BTC Primer – many hours of quality material here (highly recommended):
On Alts and their place in the next cycle:
A small change of position:
A fine piece detailing the wash trading shenanigans of Day Bit:
A bullish outlook for EOS (recommended):
Proposed privacy changes to Bitcoin and Ethereum may have profound consequences:
A not so cute ‘n’ cuddly take on Libra:
A wide-ranging interview on the crypto landscape with Anton Antonopoulos (recommended):
A very simple but useful explanation of cryptography (recommended):
The CEO of Atari explains their move into crypto-gaming:
Skip (insert random Netflix item here) and watch this instead (highly recommended):
A cautious interpretation of BTC price movement in its current pattern – may provide an entry opportunity if you have found yourself on the sidelines but keen to enter a position on Bitcoin:
Don’t hold your breath waiting on central banks to appoint crypto friendly leadership:
A visual explanation of China’s Social Credit System:
The Bitcoin blockchain as you have never seen it – beware addictive:
That’s it for this week’s crypto recap. As always, looking forward to your comments and suggestions.
Note on Sources:
Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.