A few months ago I wrote to a BTC hodler that BTC price will fall below 30000$, then it will fall below 10000$ and eventually even lower. He wrote that it was absolutely impossible. Why it should be impossible, he did not explain to me. BTC has already fallen below the 30000$ level. The further falls below the limits will follow. I refer to the articles I wrote several months ago. https://read.cash/@Telesfor/why-btc-will-never-reach-100000-4f0d2280…
@Telesfor in June 2022
I love the forest. Old mossy tree trunks. One could think that trolls have hidden behind them and will soon startle me. In the forest, every tree and every path looks different. It never gets boring. #Photography #Forest
Two questions for you Noisers. 1) Which coin is this? 2) Where will it end?
Ferns, fallen old crumpled trees. Old, wild woods. You have to be careful not to get lost. Since you can hardly see the sky and the sun, you sometimes walk in the wrong direction. But I'm used to walking in the forest, so I always find my way back. #photography #forest
There are larger or smaller ponds in the forest. Fish and frogs live in the ponds. The toad's croak is so loud that it can be heard very far away. The ponds offer some cooling on hot days. #photography #forest
#BitcoinCash #BCH just works! https://twitter.com/jajaaSB/status/1539619350235082752?t=99ZJuYUimYQ7tPSCOELyhA&s=19
We are having an interesting time. After UST completely collapsed, lawUSD and sBUSD have fallen very sharply and now finally flexUSD has also come under pressure. Actually, flexUSD is USDC pegged and can be exchanged 1:1 against USDC on Coinflex. The only problem is that Coinflex has suspended the withdrawal for at least a week. Everyone who has funds on Coinflex must now hope that Coinflex resumes its normal work soon and everything stabilises again.
CoinFLEX's problems have major implications for SmartBCH ecosystem. The transfer between sBCH and BCH is temporarily not possible. one can still use the Prompt Cash bridge to exchange BCH for sBCH, but this bridge has low liquidity. In the meantime, confidence in FlexUSD seems to be slowly returning. It is already worth almost 0.9 USD. #SmartBCH #CoinFLEX
There are not only small ponds in the forest. You can also meet larger lakes. There are also waterfalls. This one is very small but I will post much bigger ones later. I just have to make another trip in the next few days. #photography #forest
Confidence in CoinFLEX seems to be slowly returning. People are starting to believe that CoinFLEX will solve its issues. This can be seen in the rising price of FLEX coin. Only a short time ago, it had crashed to under 1.4 USD. Now it is slowly rising and has already exceeded 2 USD.
Old tree trunks and water, that's a configuration I probably like best. They convey a calm and majesty. It's fun to see such marvels. #photography #forest #trees