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The Sunday Crypto Recap - Down the Rabbit Hole 36

cryptosdecryptedPosted for Everyone to comment on, 5 years ago3 min read

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Photo by Susan Yin on Unsplash


A little cooler in the market this week. Low-ball BTC entry points have been rewarded but a test of 10k and lower does seem likely. This week focuses on Alts as they generally continue to bleed-out against Bitcoin. Personally, I would advise patience - the time to trade out of Alts was 2 months ago.


In addition, this week I’d like to draw your attention to the Twitter section. There’s a lot of value to be extracted from curated Tweets -the constraints imposed by the medium (character limit) occasionally result in very elegantly constructed discussion pieces. The included Tweets range from a few words of witty observation to articles in a Tweet-storm format.


Picks of the Week

An article in a Tweet - well 22 of them discussing the current state of the Alt coin market and what may accrue value going forward. An insiders take on Libra also makes for an excellent investment of time.

Twitter

Time to stop waiting on Alt season? - An article in a Tweet (highly recommended):
https://twitter.com/jdorman81/status/1145897192244166658

Tips on short-term trading BTC (recommended):
https://twitter.com/krugermacro/status/1144984725699911680

Bitfnex shorts explained - technical (recommended):
https://twitter.com/ismailtarim977/status/1145429588031541250

Advice on BTC - short and in my opinion - correct:
https://twitter.com/zhusu/status/1146214526573928449

BTC/ALT divergence:
https://twitter.com/zhusu/status/1146587630110310400

Tether is doing something interesting:
https://twitter.com/sassal0x/status/1146237778075631616

Freedom to encrypt is most certainly not a given anymore:
https://twitter.com/AriDavidPaul/status/1144582882997997568

The saga of Craig Wright continues (summary of the latest of one of his many court appearances):
https://twitter.com/KatieAnanina/status/1144831152131313664

A bullish dispute for crypto (perhaps very bullish indeed)?
https://twitter.com/AlexSaundersAU/status/1146541149600878592


Articles

Touring the institutional landscape of crypto:
https://medium.com/@kinjalbshah/institutions-have-arrived-who-what-and-why-920f00fc00e8

BTC as a global currency - breaking the mould:
https://offthechain.substack.com/p/bitcoins-department-of-defense-the

Dan Larimer’s latest on decentralized governance (recommended):
https://medium.com/@bytemaster/decentralizing-governance-7bb43ddae81d

An interesting (possible) ‘bullish’ indicator from Chinese state media:
https://decrypt.co/7624/chinas-state-run-media-agency-reports

The Internet of Things (IOT) examined:
https://medium.com/swlh/internet-of-things-whats-that-d3fb018aa7b8

IOT and decentralization require each other:
https://cryptobriefing.com/computing-edge-iot-decentralization/

Examining Ethereum as a potential investment:
https://trybe.one/is-ethereum-a-good-investment


Podcast

The case for Libra from an insider (don’t let current regulatory headwinds distract you -Libra will likely launch at some point):
2019-07-03 (3).png

https://podcasts.apple.com/au/podcast/libras-dante-disparte-on-why-we-should-trust-financial/id1347049808?i=1000442264377


YouTube

An original thinker with a long history of making good calls - well worth being aware of (recommended):


The Lightning Network very clearly explained (recommended):


The market is ever contrary (highly recommended):


Sensible take on what to do with your Alts as they currently fail to track BTC (recommended):


Infographic

Just in case you hold the belief that interest in Ethereum is dying:
Address.png

https://etherscan.io/charts


Website / Utility

An easy and engaging way to work out returns on holding BTC (recommended):
2019-07-02 (3).png

https://99bitcoins.com/bitcoin/investment/


Well, I hope you found some material of interest and/or value during this week’s trip through the crypto rabbit hole. As always, looking forward to your comments and suggestions.


Note on Sources:

Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.


Also available on TIMM.
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