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@stewbits22

@stewbits22 in June 2022

@stewbits22

Borracho is a new listing service for all things smartBCH. You can filter for new projects, developers etc. It has so many filters, you can find something of specific interest really quickly. Without having to scroll through all 112 current projects on sBCH .https://borracho.cash/smartbch

@stewbits22

Cathie Wood of Ark Invest suggests that the Feds monetary policy on inflation is too tight and gives a date for a Fed uturn. Evidence includes annualised car sales are a couple of million below expectation even taking into account supply line restrictions When the Fed reverses it's interest rate hike expect massive increase in growth stocks including crypto. https://youtu.be/BQJI9KediAc

@stewbits22

This is fascinating. This channel compares ancient megalithic sites to modern building construction techniques and concludes they are very similar. Including concrete and rebar. https://youtu.be/UMxRyRlDWWw

@stewbits22

Why such a big sell off on BCH just before a price pump on Btc and Eth. I don't like it. This seems premeditated.

@stewbits22

The CDC just came out and said 'Start wearing masks again, because Monkey pox'. Doctors pointed out Monkey pox is not an airborne virus. CDC 'Forget what I just said'. What is going on with these morons? They obviously have an authoritarian agenda to control us. I say we should scrap this corrupt scam organisation.

@stewbits22

AMM market makers on Coinflex have locked up millions of dollars worth of BCH and Eth but don't seem to be making much money looking at the APR over 7 days. AMM is very dangerous if you are not aware of the risks. For example if you are a BCH supporter it feels natural to take a long market making strategy supporting your coin. While this is noble it has been financially disastrous, leaving millions of dollars worth of BCH locked in unprofitable positions, with interest…

@stewbits22

Flex coin smashes in to the top 100 on Coingecko just because it retains value in a bear market. Being on the first page is massive for visibility and will introduce more people to the BCH ecosystem.

@stewbits22

10 Year Treasury Bonds are paying only 3% apr. If inflation was a big concern then these bonds should have it priced in. Cathy Wood of Ark Invest has modelled the future based on growth stocks and she says the future is one of super abundance. Each new sector from Artificial General Intelligence, Robotics, Gene Therapy replacing vaccines and drugs, electric cars are going to boost the gdp of the world economy exponentially that most Wall St analysts don't see coming.

@stewbits22

If you had good reflex actions you would have bought more FLEX while the market dumps. Now at 78 on Coinflex.

@stewbits22

At some point when someone decides that prices have fallen low enough a feeding frenzy will ensue to snap up all the coins.

@stewbits22

If you want to help BCH then short Btc on the AMM at Coinflex. Its what the banksters are doing to BCH the other way around. And it is very profitable in this market. I should say DYOR and be fully aware of the risks and how to mitigate them. Kill Btc Long live freedom.

@stewbits22

25th July draw date. $19375 will be the low for Btc on the weekly bar close give or take a few hundred dollars. $5 to the person who is closer than me to calling the bottom of this bear market.

@stewbits22

We now have a daily volume bar on Btc that is nearly as big as the bar that marked the lows of last May. I would have liked a bigger candle but we are in the zone.

@stewbits22

If you bought shares in Rivian or Lucid listen to Elons opinion. At 11 minutes in he says unless they cut costs both companies are on a trajectory with doom. https://youtu.be/iHmSrK238vI

@stewbits22

I blame the newbies who put their coins on lending platforms for this price crash. I mean seriously we are back at 2017 prices when there was no proof of stake bs and just believers in Free money and proof of work.. Read Satoshis white paper for Gods sake, then maybe we can get some work done.

@stewbits22

I am pointing out again here how dangerous AMM can be. Look at this, there are $39.45 million locked in the BCH AMM but there is 0% APR on any AMM's in BCH. In fact I have been following this for weeks and this $39.45 million has been locked since BCH was hundreds of dollars higher. This means the vast majority have borrowed this much and are paying interest on this amount despite the BCH probably now worth only a few million. If you look at Btc the value locked is much…

@stewbits22

$30 million of BCH was liquidated on Coinflex in long perpetual futures contracts. This BCH is just dumped on the market forcing the price down. So ironically $30 million of BCH was taken from BCH supporters and given to shorters pushing the price down. Don't risk your BCH.

@stewbits22

I am reposting this from Gab as it says everything I feel about Western society today. The Price of Gas and Friend/Enemy Distinction Written by: Pastor Andrew Isker We are now back to a national average gas price of $5.00/gallon. This is a subject of serious concern for almost everyone. Conservatives will (rightly) point to the Biden Administration’s hostility toward domestic oil production and distribution as the primary cause of the growing crisis, yet struggle to frame…

@stewbits22

I am a big supporter of Coinflex , we find out tomorrow what actually happened that caused them to suspend trading and withdrawals. The speculation is that $90 million was suddenly withdrawn leaving a deficit. So I put my money where my mouth is and have been buying Flex at $1.70 on the Dex's. I didnt have funds on smartBCH to directly buy but Kain_niak did the buying for me. You can find him on Telegram in Coinflex or BlockNG groups. It may be I lose the money but I think…

@stewbits22

So some unknown trusted customer bailed on their obligation to pay their margin call to Coinflex. It seems to me like a classic scam and Mark trusted the wrong guy. It is convenient that Coinflex was pivotal to smatBCH and BCH as a whole. This stinks of a setup. I like Mark, he is a good guy but trusting customers who can bankrupt you in exchange for liquidity is a deal with the devil.