Ethereum
While market is celebrating the ETH's London hardfork and watching the burn numbers (i.e. how much ETH was destroyed thus supply decreased since fork) and usual mania I am going to try to write some thoughts on Bitfinex and the players on it. Who iFinex Inc founded
Ethereum
Q4 2018 seems to be very up-front in mind seeing current price action.... can we make it another 30% down? musings: If BTC drop; watch the floors of all others including ETH....meme: does EIP1559 == ETH @ $1559 Don't also forget now there are many ways to be short
Ethereum
Just like how we usually see oil rig counts adjust downwards as price of oil tanks; similarly the mining power is adjusting to price expectations. As a consequence of this + continuation of miner migrations I would expect there to be a 5% drop in difficulty adjustment around Sunday 18th July.
DeFi
Rugged, is a term being used to refer to when your investment suddenly goes to zero because of one of below reasons: * original team scammed, took the money & bolted, or * someone found a mistake in code, took advantage of it and ran away, or * mixture of both Mark Cuban
Bitcoin
Anyone still left in crypto? Apparently[1] there is heightened fear and acceptance that BTC top is in for the year but at same time there is a thought that ETH could continue upwards for a while longer[2], however, BTC skew seems to be slowly turning into what is
Bitcoin
I avoid price talk usually but I am sure last week has been one dizzying roller coaster so to confuse matters more... Which way does the dip go? The destination is unknown if we don't follow the memes - we went from super cycle to ESG concerns to
Ethereum
Preface: I am biased towards bitcoin (in all decisions I make) and below are things that make me wonder about future directions. BTC has always been a slow moving juggernaut in the interest of not breaking things; whilst ETH is playful child that is slowly showing signs of growing up
Ethereum
How much it costs to be a miner? Cost of mining equipment - approx. $21k per miner (Innosilicon A10 pro+ 750MH - the most cost efficient miner out there currently). musings: You would need at least 5 of them to make some money ever; so that's $100+k