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@xuanling11

@xuanling11 in August 2021

@xuanling11

Market performs so well this weekend and Ethereum just flies away! Bitcoin was about to drop but Ethereum pick it up! Ethereum maybe the future leader of the market!

@xuanling11

Stablecoin: We Ever Need Them More Than CBDCs If the Fed (Central Bank) issued CBDC, individual citizens will have a Central Bank wallet to receive your money immediately, according to Yahoo Finance News. https://finance.yahoo.com/news/fed-issued-digital-dollar-could-print-money-for-the-people-174238842.html%20 It sounds fantastic, yet concerning. The Central bank can reach out to each individual citizen now. What data they wish to keep and how much power they have in case…

@xuanling11

I was trying to back up all my writings and it was around 300 articles! It took me so long to collect everything. I may just need to give up some!

@xuanling11

Weekend sentiment is low because not much news come out and the market seems move a bit sideways. We will see how it performs for the coming week!

@xuanling11

Opinion I know people claimed that EIP-1559 will make Ethereum a better money. I meant, Ethereum is a crypto which is already better than money. What else it can make?! Maybe Ethereum can generate profits by itself? #NoiseCash

@xuanling11

I cannot finish my article today. It is too much research, I will need to continue working tomorrow. It happens.😂😂

@xuanling11

China FUD: Are We Done Yet? FUD is short for Fear, Uncertainty and Doubt. China was very influential in Bitcoin. How did China get Bitcoin business in the first place? Let’s explore a bit of Bitcoin history. It all started with its founder Satoshi Nakamoto. It is a pseudo name but it sounds like Japanese, doesn't it? https://en.m.wikipedia.org/wiki/Satoshi_Nakamoto Bitcoin in Japan Japan adopted Bitcoin way earlier than anyone in the world. It became the Crypto Hub as early…

@xuanling11

Opinion I think banning crypto is just a lousy and lack of thinking solutions for protecting its own power by sacrificing potential future.

@xuanling11

Purely observation Here is the current crypto market: Bitcoin: mind its own thing Ethereum: becomes protectionism Dogecoin: dream about go to the moon The rest of altcoins: either dream about moon or mind its own business #NoiseCash

@xuanling11

He just looks so alike in one of Japanese animation character that I cannot recall?! Maybe from One Piece? Anyone?! #NoiseCash

@xuanling11

Okay guys, so how many of you when start talking about crypto to your friends and family, then they show these kinds of face below?! 90% of people doubting your intelligence 5% of people doubting your mental health 4% of people just interesting about you are acting so funny 1% of people really listen to what you said #NoiseCash

@xuanling11

The market had some correction but the confidence is there. So just be patience to see what happen in the coming week.

@xuanling11

The market has not changed its direction, at least that is what I perceived. I did notice a bit drop on Bitcoin network process that is slower than usual. There might be something going on with the mining operation that the news I read did not mention about. If nothing really major, the market likely to be quite. I can be wrong thought as always. LOL

@xuanling11

Opinion Ethereum London hardfork is coming. This update will make some of tokens useless particularly on the gas fees efficiency solutions. Just watch out. #NoiseCash

@xuanling11

SEC vs. Ripple: the Endless Game of War The Securities and Exchange Commission hated Ripple so much that they wanted to file an action against Ripple. What has got Ripple into this litigation and what may change the future of cryptos? It all started from 2014 when the collapse of Mt. Gox Bitcoin platform that lost $473 Million and its CEO Mark Karpelès was prosecuted with 30 months in Japanese jail time. The founder Jed McCaleb somehow got out of the mess and left Ripple…

@xuanling11

Future trend Fast Food Chain Quiznos begins with Bitcoin payment acceptance trial this month. I think it is huge because you can use Bitcoin to buy food. Remember Bitcoin Pizza?! This is mark another milestone for crypto to move forward of adoption. #NoiseCash

@xuanling11

Opinion Regulators should talk with DeFi and understand their impact rather than blindly banning or regulating them. It is a chance to change financial system and make it better for the future. What do you think?! #NoiseCash

@xuanling11

For those who search online to find answers for CoinMarketCap earns. What if answers online was wrong and author just wanted to eliminate numbers of winners after all?! Just kidding here but what if.... pretty dark thoughts right?!

@xuanling11

I guess I sold some of my Bitcoin that I bought at dip around $30K from $41K does look better right now?! 😂😉

@xuanling11

The market again is quite and nothing has changed. That concerns me a bit. Too quite and nothing makes it move. Sentiment is neutral still.

@xuanling11

As Bitcoin drops more than Ethereum did, I think Ethereum is preparing its hardfork. Ethereum may fluctuate as I will expect them to be. However, who knows.

@xuanling11

Opinion I read the news about Bitcoin SV or BSV 51% attack. It is pretty much a death sentence of the coin itself. The valuation is immediately becoming zero. Bitcoin SV is from Bitcoin Cash (BCH) hardfork. 51% attack came from the blockchain miners who controlled over 51% of power. Apparently, someone was able to able to replicate new block by mining with the same block from different chain. Anyway, sucks that Bitcoin SV becomes useless. #NoiseCash

@xuanling11

Ethereum London hardfork isn't the kind I expected?! Nah, it is just as quite as it gets. Market is running up a bit. It is a time to party!

@xuanling11

SEC vs. Defi: What is the goal of the Defi? The Securities and Exchange Commission or SEC chairman Gary Gensler may expand regulations on DeFi or Decentralized Finance crypto business. https://www.theblockcrypto.com/post/113416/gensler-speech-crypto-defi-lending-sec?utm_source=cryptopanic&utm_medium=rss%20 Why is the SEC so anxious about DeFi and what DeFi may create a crisis for the future? Before we answer those questions, we want to explore what is DeFi? What is DeFi? The…

@xuanling11

Opinion Ethereum London hardfork is a war between Ethereum miners. However, it may seem a bit over rated after all as the market does not move it at all. #NoiseCash

@xuanling11

Purely observation I hope this is the last time Ethereum transaction fee is above $10. Come on the update suppose to work?! #NoiseCash

@xuanling11

The problem is that I cannot cross post my comments in this channel and I cannot repost it again here as well. Any solutions for the cross posting?!

@xuanling11

Opinion People just does not like the change. Ethereum hardfork is a big change yet social media does not care! LOL

@xuanling11

Trybe.one is the anther platform I did my article. Now they integrated into Loop Finance and they look so futuristic!

@xuanling11

The market may be for another ride up due to tomorrow London hardfork from Ethereum. Or maybe it will not. Both Bitcoin and Ethereum are quite. Their network is busy thought. Something is going on.

@xuanling11

City Coins: Are they the Era of New Coins? With regulations enhanced to push the margin of profits that cryptocurrencies lower, innovation is building around to find a new path. This time, the developer is cooperating with municipalities to help fund a social program. City Coins is one of the ideas that shine its spotlight in front of people. As Miami wants to become a Bitcoin hub and its Mayor supports Bitcoin and actually plans to pay their workers with Bitcoin. It is…

@xuanling11

There you have it, the London hardfork of Ethereum. Nothing really changed! Lol The price did not go beyond what I expected.

@xuanling11

Opinion More investors want stablecoin rather than bonds. The government finds the competitors. What the government did instead?! Regulated stablecoin! #NoiseCash

@xuanling11

Purely observation Ray Dalio loves gold because it is too late to buy Bitcoin. LOL He actually implied that. I am not joking. But hey, he is billionaire, he has different risk taking than we do. Right?! #NoiseCash

@xuanling11

People asked me why I kept posting daily analysis of Bitcoin & Ethereum. They are just my notes to keep me up to date and majority of the time I was talking to myself. Nothing really special here.

@xuanling11

The market finally got confidence back, gradually. Bitcoin is still wondering around but Ethereum is back to greed level! Of course, they are may be just hyped.

@xuanling11

In the past, Bitcoin was always a leader of the crypto market. However, it is not today. Ethereum not only brings market up, the stock market is celebrating as well.

@xuanling11

Ethereum London Hardfork: How Hard does It Actually Fork? Ethereum London hardfork is successful as the market reacts with the price increase that surpasses Bitcoin. This upgrade will change the Ethereum network completely that departs its character from Bitcoin completely. Some can say it is a game changer if Ethereum performs well from now or a complete disaster if Ethereum tanked. Why Ehtereum makes such a decision and what causes it to take such risks to upgrade itself.…

@xuanling11

Opinion U.S. government wants to tax on Proof of Stake similar to stock dividends. Defi profits day is coming to an end. It is funny that Ethereum just did its hardfork to move to PoS. I guess the Congress is Bitcoin maximalists? #NoiseCash

@xuanling11

Opinion When massive investment that comes from institional, it drives up the price at the same time also carries on tax risks. Crypto is another example. Just classic!!! #NoiseCash

@xuanling11

Opinion Did you know China was banning Bitcoin mining? Did you know China's banning of Bitcoin mining free up much more energy surplus? Did you know EV market take advantage of surplus energy (cough Elon Musk)? Did you know either way Elon Musk make huge profits? Did you know Elon Musk criticize about Bitcoin unsustainable energy use? Did you know after Elon Musk's criticism, China expend the Bitcoin mining crack down? Did you know the cryptomarket was down since his comment…

@xuanling11

Purely observation I found it is funny when I saw news title "Vitalik Buterin is optimistic about London hardfork". Of course he did, it is hardfork and there is no way back! #NoiseCash

@xuanling11

Purely observation Mega whales Bitcoiners are extincting. They have distributed into blockchain recently and it is a good thing as a whole in the long run. After all, the wealth needs to share... #NoiseCash

@xuanling11

The market continue celebrating Ethereum's successful hardfork. Weekend looks good with confidence level is stable!

@xuanling11

Both Bitcoin and Ethereum are doing well this week! I hope they can continue but thing may not always goes the way you expect to! LOL

@xuanling11

So market extends on the weekend run! Let’s pretty awesome! I will update my analysis to reflect the current market price. Both Bitcoin and Ethereum performance are still in the good place with steady growth.

@xuanling11

Did the U.S. government just thumbs up on Bitcoin and down on Ethereum after the London Hardfork? Welcome to the most complicated topic of this week: crypto tax. As the U.S. infrastructure bill moves forward for Congress approval, lawmakers are tapping their taxes into the crypto universe. They are looking into a new way to fund such infrastructure projects that cost $28 Billion Dollars. https://decrypt.co/77841/biden-crypto-infrastructure-bill-amendments%20 As I always…

@xuanling11

Did you know the UI design of noise.cash has updated. Its notification becomes a pop up rather than draw down cascade. I like it!

@xuanling11

Purely observation Weekend of crypto market is always quite except Elon Musk shout out about fear of taxation of crypto. LOL #NoiseCash

@xuanling11

Opinion Perhaps the market is just an hype again! LOL Are we going to have another correction coming?! #NoiseCash

@xuanling11

Purely observation Crypto tax is coming. It will either impact negatively or positively. However, the industry will have a turbulence coming. #NoiseCash

@xuanling11

The market is stable but the network is slow. Maybe due to weekend. We will see how it performs in the coming week.

@xuanling11

I was writing about NFTs and its history is so fascinated! I probably will have to read another hours to release my article! #NoiseCash

@xuanling11

Finally, I finished my first draft of my article about NFTs. But it is too late today to post it. I will wait for tomorrow then. #NoiseCash

@xuanling11

The End of Era for Crypto Exchange Platform?! If you heard the recent news about Binance.US CEO Brian Brooks' resignation, you may wonder why he suddenly departed from one of the most lucrative positions. https://cointelegraph.com/news/crypto-community-in-shock-over-brian-brooks-resignation-from-binance-us%20 You can make a lot of money from cryptocurrency exchange if you are at the top exchange because there aren’t that many regulations. Let’s explore how they make profits.…

@xuanling11

Purely observation I saw last night with Gold flash crash indicates that crpto may fly this week. So it did! Woooooohoooooo! #NoiseCash

@xuanling11

However, the volume of trade is significantly reduced that concerns me a bit! I guess it does reach to the local maximum at this point.

@xuanling11

Do not take a grand of earning in noise.cash as you desire it. Try to build out a better community to help others instead!

@xuanling11

Purely observation So crypto amendment did not pass which means there is still potential that miners will pay taxes. That sucks! #NoiseCash

@xuanling11

Opinion If the Infrastructure bill passes without a crypto amendment to define and constrain its definition, the government can tax anyone who involve in crypto. It will set a precedent for other countries to follow and start taxing individuals of crypto earning. This will also impact crypto platforms like exchange services, wallet services, gaming services mining services and social media sites like noise.cash I hope they want to reconsider before move forward but I think…

@xuanling11

NFT: The Future of Gamers' Assets Do you want to become a gamer forever? It used to be a shame of knowing that you want to play your game for the rest of your life without working. However, it is changing that way of thinking about gaming. This is the second article on NFTs I wrote after the first one that I shared about its history and recent hype of the art market. In this article, I want to dive into the future of NFT and share some insight about what goes about the…

@xuanling11

Opinion Oh, by the way, did I say Defi is risky?! News fly around the social media about another biggest hack of Defi. It just added up to $474 million lost on Defi by hacking and fraud in 2021. Will you ever get back those money? Probably not... lol #NoiseCash

@xuanling11

I think there is some slowdown on the platform and people are wonder if they can or cannot upload pictures. I found the website works. No sure anyone has problem?

@xuanling11

Purely observation AMC started accepting Bitcoin as a payment method. Meme stock to the moon or what?! #NoiseCash

@xuanling11

@noise.cash Is there a way content creator can contribute to site beyond post comments? Maybe some kind of campaign to help community to build a better future?

@xuanling11

Opinion The shark tank host Kevin O'Leary endorses Ethereum while investment firm FTX hired him as a spoke person to pay for cryptos. Celebrities' endorsement is always questionable. #NoiseCash

@xuanling11

Is Bitcoin Untraceable Anymore?! It Depends! The benefit of using Bitcoin is decentralized, anonymous, low costs, and secure. https://www.bitcoin.com/get-started/the-benefits-of-bitcoin/ At least, that was the beginning when someone introduced you to Bitcoin. However, we want to explore anonymity today. Is Bitcoin actually untraceable? Before we do, we want to know why Bitcoin can be anonymous. https://bitcoin.org/en/protect-your-privacy What makes Bitcoin anonymous? Bitcoin…

@xuanling11

Purely observation As the crypto market slowly climbs back to $2 trillion, regulations are enhanced to be deployed to constraint growth of the future. #NoiseCash

@xuanling11

Purely observation As Polynetwork lost $600M from hackers, NO ONE knows what was happening. So money is just gone... #NoiseCash

@xuanling11

The market performs well as the data showed. However, Ethereum gas fees shoot up again which is the opposite of what it intended to do. Let's see how it performs in the long term.

@xuanling11

Purely observation The Polynetwork hacker agreed to return more than one-third of $600 million stolen cryptos. What?! Yeah... I guess he felt no challenge after all and Polynetwork still is trying to figure out what had happened. #NoiseCash

@xuanling11

Purely observation Another crowdfunding platform DAO Maker was hacked and lost $7 million from 5,251 user accounts that suspect was linked to Binance. Just to be clear here, DAO Maker is not associate with MarkerDAO which is the Defi protocol of the stablecoin Dai (DAI). #NoiseCash

@xuanling11

Purely observation Bitcoin enters Institutional Era. Good?! It is better for its price stability. Bad?! It is bad for its digital native such as anonymously, low cost, and security. #NoiseCash

@xuanling11

Why Crypto Got So Political Suddenly: The Beginning Tale of Government Crypto Surveillance Program Sorry guys, we lost! The infrastructure bill likely will pass and it will have a ripple effect on the crypto industry. It gives ground for the government to enforce certain regulations that impact every crypto product. I wrote a previous article to bring up only the attention of interpretation on “broker” status, but there are more than just a word interpretation as the bill…

@xuanling11

Purely observation I see the pattern of meme tokens: Dogecoin -> Shiba -> Baby Shiba -> Baby of Baby Shiba Eloncoin -> Stopelon -> AstroElon -> Baby Elon -> Baby of Baby Elon Dogecoin + Eloncoin -> Dogelon -> EloDoge What else am I missing? #NoiseCash

@xuanling11

Where are We Position Crypto at : the Problem with Money and Wealth Crypto is linked to getting rich quick scams. Does it? When you possess large amounts of cryptos, does it make you wealth automatically? Before we dive into what is wealth, we want to learn does money makes you wealthy? What is money? Money is a medium of exchange that can exchange from one person to another. It is a one fixed form to exchange various forms, said you use the money to buy food.…

@xuanling11

I think my analysis of Bitcoin and Ethereum are fairly accurate?! The success range is around 90%! 👏👏👏

@xuanling11

Purely observation The update of Poly Network's $600 million stolen funds, the hacker returned all funds just for fun to hack. What a hacker! #NoiseCash

@xuanling11

Opinion Bitcoin mining difficulty spikes may indicate the price movement hit the local ceiling. Just a thought. #NoiseCash

@xuanling11

Crypto Hacking: How Did it Really Happen? You may hear or read news about hacking incidents that Poly Network lost $610 million worth of cryptos that affected many user accounts and the hacker then return $342 million just for fun. https://www.cnbc.com/2021/08/12/poly-network-hacker-behind-600-million-crypto-heist-did-it-for-fun.html How did it happen and does it mean cryptocurrencies are no longer safe? Let’s dive into hacking incidents about what really happened. But…

@xuanling11

This week's market is very confident! As Bitcoin and Ethereum are attracting more institutional investors, the price is likely to be stable more in the long term.

@xuanling11

Purely observation Turns out Tether, the stablecoin, is below the investment grade of institutional standards. Hmmm... so they still issuing more coins. #NoiseCash

@xuanling11

The market continues rising but sentiment changed a bit. This weekend may be interesting to see if the market will build up more momentum for next week to move up more.

@xuanling11

Purely observation Jack Dorsey, CEO of Twitter, is not a fan of Ethereum. It seems Ethereum may threaten Twitter's business in the future. #NoiseCash

@xuanling11

Bitcoin and Ethereum are very strong at the weekend even though volumes are usually low. Next week is a good week to start!

@xuanling11

Dollar and Euro dollar are the same but the value is different between them. How this happened?! Thanks for 1971, 50 years from today the US dollar removed its pegging instrument from the gold. Whether it is good or bad, we are still debating. At least, crypto currency was invented later! 💪💪

@xuanling11

So many people asked me about what happened in 1971 regard to fiat currency, I think I may want to make a little bit clear. This is a long story but in a short version, an agreement makes the US dollar as a world fiat currency or the bank called the world reserve currcny. It really means is that before you own a US dollar, you can use that to exchange the actual gold. But after 1971, you cannot do so. It makes a currency from valuation contract to piece of paper that means…

@xuanling11

The Legendary of Shitcoin: Meme to the 🌓 or Unique of 💎 or Simply just 💩 This article is not to tell how to spot a shitcoin or any special techniques to help you become a good trader or any kind. It is just my purely speculative opinion about the so-called “shitcoin” cycle. What is shitcoin? Any crypto that was created just for pump and dump. You can read all fascinated definitions from Investopedia but simply, it is a vehicle for creators or core team members to pump and…

@xuanling11

Opinion Who is really a Bitcoin creator Satoshi Nakamoto is not that important because it gives everyone a chance to become Satoshi. However, I do believe Satoshi Nakamoto is a code name of a group of people to work on Bitcoin and honor Hal Finney, a developer of the Bitcoin and the first recipient of the Bitcoin released, his talent and his humble attitude. Just like Satoshi himself. #NoiseCash

@xuanling11

I don't want to write 1971 over again as there are many works of literature that have already described that in every detail. The US dollar is just like a shit coin that is decay along the time until people realize they got no value and an empty check without promise fulfilling.

@xuanling11

Opinion Maybe there is a solution embed in the blockchain that can resolve privacy issues. At least, Ethereum public blockchain is working to fight for privacy. #NoiseCash

@xuanling11

Bitcoin layer 3 is booming! Well, if you read my article, you know what layer 3 means! it is a protocol layer that the application runs on the top to provide digital service!

@xuanling11

Opinion This is the most interesting hacking story of the year. Poly Network hired the hacker who stolen their $600 million funds and then returned all back to find vulnerabilities of their code with half-million dollars reward. So the hacker who hacked the company got a job from that company. WOW! #NoiseCash

@xuanling11

The "earning to give" motto is distinguished from the fiat system that people are so greedy to only care for themselves. Thus the more money printed cannot even satisfy the desire to have more money. In crypto, giving up is a trend to help later adopters to have the foundation to push crypto into the future. Which system is more possible to carry out into the future?! It is very obvious!

@xuanling11

Opinion Bitcoin is not getting a rich quick tool or any kind of resembling itself. It is not an investment of any kind. It is a digital solution that speculates that the existing system may not be able to perform as promised. This 24-year-old sell a get rich quick scam and got himself 20 years of jail time. Before spending your money, verify first! #NoiseCash

@xuanling11

The market network slows down probably due to a surge of mining difficulty. But I think overall is still very healthy.

@xuanling11

Defi: A Rainbow 5-Layers Cake In this article, I want to dive into more depth about Defi because it is very complicated how Defi blockchain works and what it really meant by Defi. https://en.wikipedia.org/wiki/Decentralized_finance%20 What is Defi? Defi or decentralized finance is a blockchain-based financial system that is opposed to centralized financial institutions. Defi is a 5-layers cake It is not just that simply of decentralized character. Defi has five layers that…

@xuanling11

Purely observation By the way, Mark Cuban owned $494 worth of Dogecoin. However, he sounded like owning a million worth of Dogecoin. What a confident man! #NoiseCash

@xuanling11

Crypto Economy: the Untold Speculative Financial System We will Live? Summary: this article is to explore what Bitcoin or crypto generates a new kind of economy. I wrote this article solely from a speculative aspect with a full personal opinion about what mining actually supports Bitcoin or crypto valuation and I had built my model around this assumption. You can skip and reach my conclusion if you have already known it or you may want to join the journey on the benefit of…

@xuanling11

Just to let you know, my channel checks plagiarism or copy & paste frequently, any writing over 30% will flag... Maybe you want to write your own content instead?

@xuanling11

The network is healthy! I wrote an article about a blockchain network and its economy. Of course, you do not need to read it and I summarize it here! The optimal network is low fee busy transaction with high competition miners engagement, high user volume, and fast transaction. Nowadays, only Bitcoin has reached near optimism which sends it to the first place in blockchain! My analysis also builds around this model by the way. The shortfall of Ethereum is a busy network with…

@xuanling11

When I publish my analytical article there are few people interested to read, but when I published news trend-related articles everyone is clapping. LOL, just my observation...

@xuanling11

Opinion When massive institutional investors pour all money into crypto, it may push the price up until they sell off to crash the market and cause crypto market recession. #NoiseCash