Btc & Basic economics

Price comes from the intersection of supply of btc and demand of Bitcoin. In my assessment, we all have lived under an artificial and inflated supply of btc for quite some time (ie no one who bought/supplied btc from ftx actually got Bitcoin).

However, now there is a fundamentally new short demand curve move. Perhaps it’s too simplistic analysis, but it still appears the actual supply of Bitcoin is far lower than is being played out in the “market”.

Please help me understand where I may be wrong.

submitted by /u/ConfidentEquipment56
[link] [comments]

Our vision is a lot more popular than we think it is because we still mainly operate within a big astroturfing bubble. But sometimes it does break out.

submitted by /u/i_have_chosen_a_name
[link] [comments]

source https://www.reddit.com/r/btc/comments/z0bg3e/our_vision_is_a_lot_more_popular_than_we_think_it/

All in or DCA?

I'm sitting on some decent cash and about to toss it into BTC and move it off the exchange. I'm curious what you fine folks think on the current state of things. BTC has been fairly sideways for a few weeks. Holding up at $16k fairly strong even after the FTX fiasco. There are things everywhere saying a few other exchanges may be in trouble as well and are trying to hide it. If there is a cascading event that takes down more exchanges could we see lower levels of BTC, say around 12-13k? The difference in buying in now vs these "potential" lower levels for what I'm putting in would be a difference of about .6 BTC. So some pretty big opportunity cost long term if it does dip further. I know many people said we'd never see this current price of BTC again and here we are. I feel as though the risk of missing out on upward momentum from our current levels is greater than potentially falling lower, since other exchanges failing is likely somewhat priced in already.

What are your thoughts? If you had a stack of cash would you just DCA right now, or would you just dump it in and secure the BTC at current levels? Interested in your thoughts!

submitted by /u/Ritopl3s
[link] [comments]

Chainalysis: Something to think about

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/yzmna0/chainalysis_something_to_think_about/

I see you Mr. Long BTC🤓

submitted by /u/jrb450 [link] [comments]

Trusted third parties are security holes - Nick Szabo (2001). The root problem is trust. Here's the solution - Satoshi Nakamoto (2008)

submitted by /u/KAX1107 [link] [comments]

ArtBlocks Chromie Squiggles NFT public/free Ethereum mint now live. 1000 NFTs for the first 1000 people.

So as an owner and investor in alot of crypto projects , I want you all to know there is an exciting etheruem nft project called ArtBlocks doing free mints for the Chromie Squiggles for the first 1000 people. I got the email with this information today after i waited for over 3 months, i finally got the email minting is live: -- basically its a free mint on ethereum, and now live at https://chromies.net/ and although im disappointed I only minted a crappy Chromie, it does seem to offer some real tangible benefits for us Chromies owners, such as a free starbucks entry, discounted services and some other things I haven't fully investigated yet.

​

Part of me is also disappointed in the sketch design - in my opinion it takes away from the sweeping contours and beauty that only a real photo can show, just look at a photo of something that seems like 'art' and compare to the NFT sketch, i mean yeah, one is exciting, one is.. Dull

​

On the other hand, it is a nice touch that everything is hand drawn and gives an exclusive feel, for sure.

​

Also, its really interesting to see how much the NFT space is growing, and i think the bear market has really hidden these things out of our view, and makes us think everything is dying.. sure prices are down but development is increasing, and adoption is crazy high.

​

So dont give up on your nfts guys, it is real value and will be a huge part of the world going forward.

​

Mojoan S

submitted by /u/BrokenConsole
[link] [comments]

source https://www.reddit.com/r/btc/comments/yziqoa/artblocks_chromie_squiggles_nft_publicfree/