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@capitalflightOnNoiseApp

Joined 14 December 2022 · 185 posts

120 KT

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c@capitalflightOnNoiseApp

The market may not look great right now, but with U.S. inflation near 7% I can't really justify unloading much crypto. I'm sure that rate will come down, but it's still a screaming buy signal for assets that can't be printed at will.

c@capitalflightOnNoiseApp

This is strange. 1) What the hell happened on September 19th? Zcash 'value sent' drops to almost nothing and BCH value sent 10x's simultaneously? Why? 2) Zcash price then moves up significantly. 3) BCH experiences the same sort of dramatic drop in 'value sent' on Nov 17-19 and then price starts moving higher.. I've seen people commenting about certain CEX's running out of certain coins and suspending withdrawals. I wonder what's coming next?

c@capitalflightOnNoiseApp

My guess 2 weeks ago was a 20% pullback.. we could be headed higher from here 🙃 we'll see #BTC

c@capitalflightOnNoiseApp

There's some serious correlation between what treasury yields decide to do and what happens to bitcoin (and ultimately the entire crypto market). In March we saw a peak in rates AND in BTC. Then the summer bottom in rates clearly correlated with the bottom in BTC. Then this week the 10y decided to stall out around 1.65% and start heading lower and bitcoin is following. I had heard some people say that this bull market would be drawn out longer than usual and I wasn't onboard with that idea, but I can see now how it could be. It's gonna get interesting. We need to see what the Fed does in November, but with other central banks already raising rates I think they'll be forced to let rates rise a bit. Just remember that nothing pops asset bubbles like peaking yields. There's always a point where people rush for the exits (into the safety bonds).

c@capitalflightOnNoiseApp

This might sound bad, but I'd take it as just one more endorsement of crypto by Russia (a large energy exporter). This is good to see.

c@capitalflightOnNoiseApp

As long as central banking exists the madness in asset markets will continue. They can write all the laws they want, but the only thing that will keep Wall Street in check is market-determined interest rates. When real yields are negative we are almost forced to lever up.

c@capitalflightOnNoiseApp

Noise needs to monetize, but do it right. I would pay for a reasonable monthly subscription. Services like Twitter, Facebook, and Reddit are constantly cramming junk into my feed without any option to turn it off. I understand they want money, but giving people no subscription option with the ability to turn off the junk is just not the way. Maybe once BCH can do onchain dollar denominated subscription payments.. that would be so cool. Especially if it was something low like 25cents/month. It's something Visa can't afford to offer, but crypto can. Would also be amazing to be able to hire people to act as mods for chambers. If I could hire cheap labor and pay them monthly and automatically to keep a chamber clean... or maybe if I could just automatically pay monthly for the maintenance of a chamber.. I wanted to post this in the NoiseFeatures chamber, but it's been overrun with spam so I unsubbed.

c@capitalflightOnNoiseApp

I'm thinking this will coincide with the beginning of the peak in this particular cycle. When my friends and neighbors are buying pictures of rocks I will be exiting.

c@capitalflightOnNoiseApp

There really aren't enough warnings regarding the centralized nature of SmartBCH. People need to be aware that Coinflex could, at any time, decide to run away with all "locked" BCH. Users should not move any significant funds to SmartBCH until the system becomes trustless (which may never happen).

c@capitalflightOnNoiseApp

Crypto market going up and global equity markets going down. I don't believe these will stay disconnected. One of them is wrong. But which one?