‘The Fed Meetings Are a Dead Spectator Sport’ – Best of The Breakdown Septemb...
A monthly recap featuring conversations with Luke Gromen, Raoul Pal, Tavi Costa, Sven Henrich, Corey Hoffstein and Michael Saylor.
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Back before I had a calling to bitcoinist, I was a freelance writer (still am, to an extent) that would write just about everything. That’s where I met Chris Ray, the developer and founder of this coin. So to help kick off the start of his new coin, he came in for a Q&A. The following is the conversation that happened between us. I am from Utah USA, studied a little in computer science before Satoshi developed bitcoin, never graduated, a family man with a big love for the outdoors and sport’s.
Bitcoin is dead. Bitcoin is dead, cry the critics. Like vultures at a funeral, financial pundits are circling. Each one is vying to print their "I told you, so"'s before the other - fighting like starving dogs over table scraps. Benign Parsimony. Bitcoin is dead, they say again. Miner's are shutting down. Services are running off with customer's coins. Bitcoin is a Ponzi Scheme. The Bitcoin CEO was arrested. Bitcoin is for drugs and money laundering. The price is falling, the price is falling. Hey... Henny Pennying is big business but I don't picture these individuals as Chicken Littles.....
The Dead Coins project has been given new lease of life by BTC education portal 99Bitcoins. Bitcoin education portal 99Bitcoins is the newly appointed undertaker of the cryptocurrency industry. It’s taken over the Dead Coins project, which provides a burial ground for more than a thousand dead cryptocurrencies, and breathed new life into the project by ensuring the list is accurate and by removing joke burials for Bitcoin, Tron, Dogecoin and Tether.Deadcoins.com was started in 2017 to document the demise of the hundreds of altcoins that materialized off the back of the ICO boom that year.....
JP Morgan CEO Jamie Dimon is back in the Satoshi spotlight. Speaking during an appearance on CNBC’s coverage of the World Economic Forum meetings in Davos last month, Mr. Dimon once again pronounced his lack of faith in Bitcoin. “Bitcoin the currency, I think, is going to go nowhere,” Dimon said, “And it’s not because of anything to do with the technology. Governments, when they form themselves, form their currency. Governments like to control currency, know where it goes, and who it goes to, and control it for monetary purposes. There is nothing behind a Bitcoin, and I think if it was....
Bitcoin has jumped more than 10% in the last 24 hours as the coin’s price reaches $47.5k. Past pattern may shed light on whether this is just a dead cat bounce or a lead up to a real move up. Bitcoin Netflows Of Past Dead Cat Bounces Compared As pointed out by a CryptoQuant post, a look at the BTC netflows of the past cycles may reveal the pattern that dead cat bounces have followed historically. The Bitcoin exchange “netflow” is an indicator that’s defined as the difference between the inflow and the outflow. When exchanges observe higher inflows compared to the....