Bitcoin
So many titles I could give to this note today * reflexive up & reflexive down....reflexive in jail... * super cycle to zero... * novogrets.... Novogratz goes to CNBC and quotes a tweet (from a parody account) about El Salvador asking for Sam to be extradited as a fact!! * brick or treat.
Bitcoin
Somethings are pure coincidence and somethings are daydreams coming true. First crypto bear market I met my partner. Second bear market we had our first child. Now third bear market second child arrived. In reality there is no pattern to this except bear markets are time to go spend more
Ethereum
Its funny in ways that my time wasting antics of youth are now leverage-able in the saga that is ETH merge. I used to spend nights playing StarCraft ladder games against mostly Korean players; me getting beaten nearly every single time. Yet those story lines are a welcome noise in
Bitcoin
Having the extended family in farming across me & my partner's side is great for having opportunities for hands-on nature adventures for a non-green-fingered moi. However, those farmers within this family sphere who are monetarily less fortunate also then become our struggle. In some ways the below is
DeFi
Wakey wakey, William Albert Ackman - shill me more hell on CNBC please. The doors to the heavens have been closed shut and crypto whales are publicly admitting their own losses. Someone I have known since 2014 just now (18 Jun) puked a huge chunk of their BTC holdings in
Bitcoin
Is my Mac learning from the randomness of my written musings? The original title of this note was going to be "Silence of the bids" but then i noticed the touch bar on the Mac was proposing me 3 random words. I decided to pick Cycles as the
Ethereum
disclaimer: I started this off as a thought on current market and where we are heading but as I finish it I feel in my quest to explain my thinking I have turned it into an autobiography!!!! I apologize in advance if anywhere I sound pompous as that wasn'
Bitcoin
Cycles of narratives within the crypto world are not so different than those within the physical world. Its especially obvious if we are to compare crypto narratives to political campaigns. As I write the world's 5th populous country, Pakistan, has just had its Prime Minister dethroned. His position
Bitcoin
Arthur, my sometimes ambivalent and other times pompous guru wrote recently about the correlation 1 moment that he feels is probably coming. He has hinted towards it a number of times previously however for once I wonder if he is waiting for an Armageddon that may not arrive; or if
Must start with acknowledging the sad fact of us living through yet another war while many in the 2nd & 3rd world have not yet ended. I hope & pray this one ends soon. Over past two weeks there have been many mentions of sanctions evading capability that crypto provides;
This weeks Market Huddle episode with Kris Sidial reminded me about Decentralized Option Vaults (DOV) that a few market making firms (e.g. QCP Capital) are having a very fond time taking the other side off. The crypto world seems to have given the volatility bug to tradFi markets (e.
Desperation or luck can lead to similar feelings of attachment to an idea - former, I knew of due to my formative years growing up in 3rd world; latter, I feel I have only understood over past few weeks. Admittedly, I grew up in rich family so its not a
Nearly a decade ago I joined in this Bitcoin adventure (with many ups & downs) however ever-since everyone I started off with (myself included) have been attempting to optimise our wealth generation avenues. Circa mid-2021 a realisation seems to dawn that now it's time to pivot away from
The House Financial Services Committee meeting was first time after many years I feel the lobbying game of crypto world has greatly improved. Policymakers were not just prepared with thoughtful questions but also felt less confrontational. Congressman Brad Sherman was pretty hostile but also decently funny. His mongoose coin; which
It might surprise to some of you but I don't actually listen to Michael Saylor's various podcasts. I found him too detached (or I didn't wish to be lectured). Yet yesterday I sat through Peter McCormack's What Bitcoin Did podcast with Saylor.
During the week I came across Morgan Stanley's SEC filings with regards to number of its funds nearly doubling their allocations in GBTC, thus more exposure to bitcoin. At first, for couple of hours I was super excited & bullish until I wondered about the wider context and
Last night there was an attempt by a Decentralized Autonomous Organization (DAO) to bid & buy the copy of US Constitution at the Sotheby's auction. The DAO raised $45 million from folks across the crypto space within 72 hours. Its most likely the largest crowdfund for a physical
Structurally market wide not a lot has changed over past couple of days except following notable events: * There exists an ETH whale known for marking price tops & bottoms - s/he has made a billion $ last year easily if the exchange data can be trusted * The same whale just
Facts: * Recall in June I mentioned a bitcoin upgrade (aka softfork) called Taproot[1] was being signalled for activation. As is customary on BTC network everything always upgrades and is enforced at snail pace. So now after nearly 5 months of activation signalling; in 9 days (approx. Sunday 14th) at
First upgrade of ETH2 got accomplished - the stragglers who haven't upgraded will get punished by having their 32 ETH staked getting slashed over time. Most likely the last upgrade of ETH1 will be around December 8th - this will push the date of the difficulty bomb to
Mixed state of affairs for ETH2's Altair upgrade - potential sign of how complicated the merge itself will be in 2022. 85% of the nodes seem to be running in a healthy state. Geographically, nodes are spread across 63 countries. Looking at the granular level (software running on
