The Crypto Bunker
This is for all things Crypto... Memes, News, etc!
02/09/2022
Based on the S2F model, which is a model that has been utilized to predict an asset's possible future price by quantifying its scarcity such as Gold, we see that Bitcoin follows a somewhat predictable pattern.
Rarely does BTC ever escape the upper or lower boundaries of this Rainbow Chart, with each color representing a pricing zone (can be seen in image).
If S2F remains valid, BTC can not fall much more or the S2F model would be invalidated. That is not to say that it cannot dip further, but that if this model remains valid, BTC doesn't really have much more decline.
A continuous crabbing is more likely, that is, until the next phase of scarcity. In the Bitcoin cycle, approximately every four years or so there is a halving event. This halving event is where the reward paid to Miner's on this POW blockchain network is just that, halved, therefore building in further scarcity.
Looking to the chart, you can see that most halving cycles (16, 20) etc, are initially started at market lows, and then lead into almost predictable runs. Taking this into mind, we also need to recognize the arc or the Rainbow, which because of scarcity, tends to move upwards and to the right. Higher lows as well as higher highs.
Just an interesting chart, and while there may be some fundamental flaws with the S2F Model, it has yet to be totally invalidated.
SEC Commissioner Hester Pierce discussing her thoughts on the DEFI space.
It's a bit long and some might find it boring, but discussions like this are critical to this space for healthy regulations instead of harmful ones.
25/06/2021
El Salvador President Announces Bitcoin Airdrop Program for Citizens Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume
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One the most basic principles in the Cryptocurrency space.
If you self custody your crypto, NEVER share your seed phrase. Also, keep it in a very secure location.
It is also good practice to keep a secure copy available to yourself in case there are emergencies such as a house fire, etc.
Do not save your phrase to cloud based solutions, such as Google Drive.
20/03/2021
On the hunt for Crypto? Looking for a certain marketcap, a certain price point? Wondering what coins are on a particular exchange?
Use a crypto coin aggregation site like www.coingecko.com, it's any budding crypto traders best first line of defense in seeing what's happening in the space.
CoinGecko: Cryptocurrency Prices and Market Capitalization Get cryptocurrency prices, market overview, and analysis such as crypto market cap, trading volume, and more.
18/03/2021
https://cryptobriefing.com/litecoins-mw-privacy-feature-is-now-code-complete/
Litecoin's MW Privacy Feature Is Now Code Complete | Crypto Briefing Litecoin's upcoming MimbleWimble Extension Blocks (MWEB) feature is now code-complete, according to developer David Burkett.
14/03/2021
accurate
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