neolux (@neolux) • Hey
A crypto anthusiast that only seak to be part of an incredible journey and community !
Publications
- 🤔What's your current $SOCIAL Airdrop eligibility?
👇Post your screenshot in comments section
- 💥Simple guide on @initiaFDN Incentivized Testnet
💰$ 7.5M funding
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🔗app.testnet.initia.xyz
✅Connect Keplr wallet
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✅Create Name
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✅Stake LP
✅Claim rewards
⏳Wait 5min
✅Claim all 6 NFTs
⏳Wait 5min
✅Combine all NFT
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🎟️Use my code
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💙Like
🔁RT
https://twitter.com/CryptoTeluguO/status/1790627260145517018?t=y8kVHpnLxGtICV7MUlp6kw&s=19
- Gm Frens, as we’re gearing up for a major announcement, our systems flagged that some malicious actors and bots have been exploiting the Phaver KYC by Galxe and the Kleoverse Github Passport to unfairly gain levels in the app.
To ensure fairness and to enhance our bot-protection, these two will no longer earn Cred + Points. Since real users are also impacted by the change, we’re compensating by enhancing the value of Anima NFT. Now, each Anima will earn 5 Cred, up from the previous 3.
In order to continue receiving Cred for Anima, please redo the verification every 30 days via the Cred Dashboard. The Verification works both on mobile and desktop.
For further details about Anima, visit our guide: https://phaver.gitbook.io/phaver-help-center/phaver-points-and-cred-score/anima-proof-of-personhood
Rest assured, bots will not receive Phaver tokens. Thank you for your cooperation frens ❤️
- 🤔 zkSync leaked eligibility checker
👀But not sure if it's official
✅Official domain is ".io"
🤔This is ".org"
🤗Let's wait for the official announcement
🤔What do u think, let me know
💙Like
🔁RT
https://twitter.com/CryptoTeluguO/status/1787661573252944075?t=sqvVWefZW7qLJv586B6Y4g&s=19
- GM Farcaster! 💜 Your Phaver posts now reach not only the 50k active Phaverians and the rest of Lens but also Farcaster, bringing posts the highest reach in all of Web3! 🔥
Let's update Phaver from App/Play store, and restart once. Make your first Phaver cast, the Supergraph fuses everything in one post! 🚀
And that's not all! Here's what's new in Release 7.3.0:
🔹 Added: Lens Momoka/Onchain quota to My Accounts page
🔹 Added: Character length indicator while posting, bottom right
🔹 Added: Protocol badges are added to posts and comments
🔹 Added: Protocol and level badges are added to profile avatar on feed, comment and other user lists
🔹 Added: Custom feed filter to quick filter row
🔹 Improvement: Filter out KOL Communities from Holder Communities
🔹 Fixed: Comment navigation bug
Keep Phavering! 🦄
- The long awaited !
- Lfg
- @lens/god01
- Collect on @lens/kaira via $BONSAI is active!
Make your own posts collectable or collect someone else's content - with @lens/bonsai
(Just as this post! 1000 Bonsai - 30 days)
- Collect on @lens/hey via $BONSAI is active!
Make your own posts collectable or collect someone else's content - with @lens/bonsai
(Like this post! 1000 Bonsai - 30 days)
- 🪂zkSync 26April
🤔 @zksync giving us some hint?
🗣️Zk is the Endgame
🤔Is this the hint related to #Airdrop date?
📆Avengers Endgame released- 26April
📆 @gluk64 mentioned Decentralization in year's time(last March)
😀Everything pointing $ZKS in April
😉Agreed?
💙Like
🔁RT
https://twitter.com/CryptoTeluguO/status/1764992681774883173?t=LnRVmJ5WkJYS71BxstftaQ&s=19
- Bitwise CIO Says Bitcoin Could Top $ 200K This Year Citing 'Too Much Demand, Not Enough Supply
'Bitwise’s chief investment officer says bitcoin price could surge above $ 200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave” of demand for bitcoin due to spot bitcoin exchange-traded funds (ETFs), he described: “It’s in a new era of price discovery and I think prices could go substantially higher from here.”
‘There’s an Even Bigger Wave Coming’
Bitwise Asset Management’s CIO, Matt Hougan, shared his bitcoin outlook in an interview with CNBC on Thursday. Bitwise’s bitcoin ETF (BITB) is among the 11 spot bitcoin exchange-traded funds (ETFs) that were approved by the U.S. Securities and Exchange Commission (SEC) in early January.
“We’re seeing enormous demand for the Bitwise Bitcoin ETF and across all these ETFs,” he shared. “You’re seeing retail investors come into these ETFs, you’re seeing hedge funds, you’re seeing RIAs [registered investment advisors] or independent financial advisors.” The chief investment officer added:
I think there’s an even bigger wave coming in a few months as we start to see the major wirehouses turn on. But this has been Bitcoin’s IPO moment. It’s in a new era of price discovery and I think prices could go substantially higher from here.
He elaborated: “When these ETFs first launched, they were not turned on at the major wirehouses, at the major institutions. So the initial demand out of the gate for any ETF … is primarily retail and independent financial advisors and hedge funds. So, I think that’s the primary driver, that’s what we’re seeing.”
Noting that funds are flowing into ETFs from both institutions and retail investors, the Bitwise CIO described: “It’s just new demand. If you think about bitcoin pre the ETFs, there was only a small set of investors who could buy it. Now, almost everyone can buy it.” He continued: “The supply-demand dynamic is just off the hook.
2024 Bitcoin Price Prediction
Hougan explained that Bitwise said in its 2024 prediction, published in December last year, that “bitcoin would trade at new all-time highs above $ 80,000 a coin.” However, he admitted: “Based on what we’re seeing in our ETFs and these other ETFs, I think we have to revise that upward.” He opined:
It could be $ 100,000. It could be $ 200,000. It could be higher than that. There’s simply this massive supply-demand dynamic going on.
He stressed that there is “net new demand and a fixed supply,” emphasizing that there is “actually a reduction in new supply coming up in April with the halvening.” The executive noted: “Sometimes, investing is complex. Sometimes, it’s easy. With bitcoin right now, it’s just about supply-demand and there’s too much demand and not enough supply.”
Recently, a $ 30 billion investment platform approved four spot bitcoin ETFs, including Bitwise’s bitcoin fund. Last week, reports emerged that Bank of America’s Merrill Lynch and Wells Fargo have also been offering spot bitcoin ETFs to some clients. Last week, Bitwise CEO Hunter Horsley said the price of bitcoin could hit $ 250,000 sooner than most people would imagine
- 🌟Hong Kong Web3 Festival 2024 Exclusive Ticket Discount
We are proud to be the official Community Partner of HK Web3 Festival 2024 6-9 April.
Use code: PHAVER to get 12% off of the event ticket!
🎟Ticketing page ⤵️
https://lu.ma/hkweb3festival2024
- After Airdrop of Phaver
- $ 1 Million per BTC by 2033: Predicting Bitcoin's Price Trajectory Using the Power Law Model
In an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for bitcoin’s price, rooted in the principles of algebra and natural laws. The model, representing a blend of science and finance, forecasts bitcoin’s journey to unprecedented heights reaching $ 1 million per unit by 2033.
The Power Law Model’s Bold $ 1 and $ 10 Million per Bitcoin Predictions
The Bitcoin Power Law suggests a predictable trajectory for BTC’s price, mirroring the patterns seen in natural phenomena ruled by power laws. BTC proponents Fred Krueger and Giovanni Santostasi devised a formula, (Estimated Price = A times (days from GB)^n), with GB denoting the Genesis Block and (n) being set at 5.8, to map out BTC’s price journey from its start.
Notably, this model not only accurately reflects bitcoin’s historical price changes but also anticipates a rise to $ 1 million per coin by 2033, eventually reaching an impressive $ 10 million by 2045. Krueger, a staunch advocate for BTC, frequently references Hal Finney’s prediction of a $ 10 million value, aligning it with their price model.
“As an amusing thought experiment, imagine that bitcoin is successful and becomes the dominant payment system in use throughout the world,” Finney said in 2009. “Then the total value of the currency should be equal to the total value of all the wealth in the world. Current estimates of total worldwide household wealth that I have found range from $ 100 trillion to $ 300 trillion. With 20 million coins, that gives each coin a value of about $ 10 million.”
Power Law Proponents Believe the Model Is Different Than S2F
Critics and supporters alike delve into the model’s implications, debating its feasibility and comparing it to other models like Plan B’s stock-to-flow (S2F) price model. In recent years, the S2F price model has faced skepticism for its lack of reliability. Yet, what proponents believe sets the Power Law apart is its foundational belief in BTC’s growth mirroring that of a city, expanding steadily over time rather than exploding in unpredictable bursts. This perspective aligns with BTC’s essence as a decentralized financial ecosystem, growing in value and influence with each additional user.
Despite its optimistic outlook, the Power Law model faces skepticism, with detractors questioning the reliability of predicting financial markets through mathematical models. However, Santostasi’s model, validated by regression analysis, claims a 95.3% accuracy, bolstering its credibility among proponents. By proposing a steady yet substantial growth in bitcoin’s value, with a rate of 5.8, the Power Law model questions mainstream growth beliefs. The confidence in BTC following the Power Law stems from a deep analysis of its historical price movements since its inception.Power Law proponents argue that similar to phenomena in physics and biology, bitcoin’s growth exhibits a scaling relationship with time, discernible in a log-log plot where both price and time are scaled logarithmically. This relationship suggests a proportional change in bitcoin’s value relative to time, independent of its initial size, echoing the dynamics of complex systems observed in nature. As we move forward, the accuracy of this model and its implications for investors and enthusiasts alike will be closely watched, just like Plan B’s S2F model and rainbow charts.
- Bitcoin Technical Analysis: BTC's Bullish Rise Continues Amidst Market Optimism
Over the past hour, as bitcoin’s value swings from $ 62,150 to $ 62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of $ 55.41 billion over 24 hours and a market cap touching $ 1.21 trillion, bitcoin’s dominance in the market is clear. Technical indicators, including oscillators and moving averages, all point towards a positive sentiment, bolstering the optimistic perspective among traders.Bitcoin
On Friday, the day’s 24-hour trading range (intraday) between $ 60,365 to $ 63,684 illustrates a volatile yet upward trajectory for bitcoin (BTC). The significant trade volume suggests a high level of trader engagement, with the market responding positively to underlying bullish signals. This volatility presents opportunities for astute traders to capitalize on short-term price movements. Oscillator indicators such as the relative strength index (RSI) and Stochastic are currently in the neutral zone, indicating a balance in buying and selling pressures.
However, BTC’s commodity channel index (CCI) shows a negative signal, indicating a potential overbought condition that could lead to a short-term correction. Yet, the positive signals from the momentum and moving average convergence divergence (MACD) level indicators underline the prevailing bullish sentiment. The moving averages (MAs) paint a compelling picture of sustained growth. With exponential (EMAs) and simple moving averages (SMAs) from the 10-day to the 200-day all signaling positivity and the trend is unmistakably bullish. These MAs underscore a robust support base for bitcoin (BTC), reinforcing confidence among long-term traders.
The 1-hour chart analysis reveals notable volatility with a slight downtrend, suggesting selling pressure and potential entry points near support levels. Bitcoin traders should monitor for signs of stabilization or bullish reversal patterns, indicating opportunities for short-term gains. The 4-hour BTC/USD chart offers a clearer perspective on the recent uptrend, followed by a consolidation phase. This pattern signals market indecision after a significant run-up, hinting at potential entry points for a continuation of the uptrend or a reversal from the lower consolidation boundary.On the daily BTC/USD chart via Bitstamp, a strong bullish movement is evident, with significant buying interest and minimal retracement from highs. This suggests that the market may still be in a bullish phase, with entry points based on pullbacks towards established support levels and exit strategies focusing on maximizing gains with trailing stop-loss orders. The Ichimoku baseline, with its parameters set at (9, 26, 52, 26), shows a price of $ 53,122, indicating a neutral stance and suggesting market equilibrium without a clear direction. The volume-weighted moving average (VWMA) at 20 periods is at $ 54,755, signaling positive action, which reflects bullish sentiment based on average prices weighted by volume.Bull Verdict:
Despite mixed signals from various technical indicators, the prevailing bullish sentiment, underscored by strong buy signals from volume-weighted averages, suggests a potent upward trajectory for BTC. This optimism is further bolstered by significant market engagement and a robust support base, indicating a fertile ground for continued growth and a compelling case for bullish traders going long.
Bear Verdict:
The bearish perspective is informed by sell signals from the Hull moving average (HMA) and the potential overbought conditions suggested by the commodity channel index. These indicators, coupled with the market’s susceptibility to short-term corrections and the inherent volatility, paint a cautious picture for bitcoin, advising traders to prepare for potential downtrends and to strategize exits with precision.
- 🎉 Congratulations to our KOKYO x Phaver event WINNERS! 🎉
Thank you to everyone who shared their stunning photos showcasing the beauty and culture of Japan in Phaver's "Japanese community"! 🇯🇵 🚀
🥇 Top Prize: 4Acewang +30k Phaver Points & Kokuto Shochu NFT
🏅 Top 20: purapura, tiyannnn, MagicBrain, Zkndr, turhantasci, Jihad, charin1021, Jimpei, Karadeniz, noel_sf, YUKI-MARO, Mr_mustardman, NONY_kun, junayedbinmonju, parvizTrader, WANSU, akina9, Crystal, nari222, 0xAirdrops +10k Phaver Points & Gold Origami Crane NFT 🏆
🎁 20 raffle winners: mahdibtc, Shiddhika, apresage, wusti, minato112, soushi7006, 0xKyosuke, 0xMonk, EZE-ChukX, DARiUX, jacobellman, vanshdogra24, GeePee, iamzechs, pangnrm, nattchil, vivek98, To_zamadaimyo, TK1006, Kokopelli +1k Phaver Points & WL with 5% off 🎉
To claim your prizes, please join KOKYO NFT Discord 👇 https://discord.com/invite/r384JaVV9h and open a support ticket.
💜 Keep Phavering! 🦄 🎊
https://discord.com/invite/r384JaVV9h
- Gm frens, we welcome Matr1x holder community to Phaver as we enhance our collaboration with the project 🤝
Connect your KUKU & 2061 Matr1x NFTs for a 3x points boost over 30 days! 💎
SURPRISE! 🎊 The "Best Gameplay Moments" campaign is extended until March 5th. 🔥
Join & maximize your MAX airdrop (everyone who posts a gameplay moment in the Matr1x Fire community is eligible)! 🎮
- GM Frens! 💜 At Denver & into Web3 Social?
Join us tomorrow for Phaver x Lens Protocol Happy Hour with frens from WELL3, World of Women & SheFi! 🥳 💯
Meet the teams, network, enjoy drinks 🍻, tasty food 🍔 & explore Creator Corner ✨
⏰ 1st Mar, 7:00 PM -11:00 PM MST
📍 Denver, Colorado
Please register here:
👉 https://lu.ma/phaveringdenver
https://lu.ma/phaveringdenver
- Uniswap Introduces Wallet Extension and Limit Orders, UNI Jumps 83% in 30 Days
Uniswap Labs has unveiled a collection of new features designed to refine the trading journey for users of its decentralized exchange (dex). This collection encompasses the Uniswap browser extension, limit orders for precise trading strategies, and advanced data and insights for making well-informed choices. Uniswap Labs explained on Tuesday that the expansion aims to make dex processes more efficient, secure, and insightful for decentralized finance (defi) participants.
Defi’s Top Dex Platform by Volume Adds Feature Enhancements
The Uniswap extension, a new feature integrated into the platform’s wallet services, offers users the convenience of handling transactions directly from the sidebar of their browser. This functionality allows for seamless swapping, signing of transactions, and crypto asset management without disrupting web browsing activities or navigation.
“The Uniswap extension is the first wallet extension to live in your browser’s sidebar, persisting no matter where you are on the web,” Uniswap Labs announced on Tuesday.
Moreover, the platform has rolled out limit orders within the Uniswap web application. According to Uniswap, this feature enables users to specify exact prices for token purchases or sales, facilitating the automatic execution of trades when market prices align with those set by the user. “This feature provides users with the ability to execute trades automatically at their desired price, without needing to constantly watch the market,” highlighted in the defi project’s blog post.
In addition, Uniswap Labs has enhanced its platform with in-depth token and pool pages, incorporating live charts, transaction histories, and pool data directly into the interface. The team is confident that this addition will offer users detailed insights into token and pool metrics, supporting more informed trading strategies.
Following the latest updates from Uniswap Labs, Uniswap’s governance token UNI has witnessed a 48.7% increase over the previous week. Over the last month, UNI has risen by 83.1% against the U.S. dollar. On the other hand, while other crypto assets are nearing their peak values, UNI remains over 75% below its May 3, 2021, high of $ 44.92 per unit. Currently, UNI is trading at $ 10.96, with the day’s trading range fluctuating between $ 10.45 and $ 11.17.
- 📣 Lens Protocol goes permissionless, congrats fam! 🚀
LET'S GOOO & UPDATE YOUR APP FROM APP STORE & PLAY STORE!
Phaver’s bot-proof Cred system unlocks 10k FREE Lens profiles for Level 2-4 users 🔥 💜
Claim yours NOW in the Phaver Cred Dashboard 🌿🦄
We’re working on more ways to reach Level 2 easily. Stay tuned and Keep Phavering! 🫡
- Lens Goes Permissionless
As of today, Lens is permissionless. Since we launched the protocol, our guiding mission has been to enable human connection, through new forms of ownership—owning our data, our social graph,...
https://app.t2.world/article/clt4rnfwt2016491ymccg4d42ar
- 💥I'm here again🤗
✨Linea & ClutchPlayAI quest and 150 LXP✨
Deadline 03 March✅
🔵 Go to Intract⬇️
https://www.intract.io/quest/65dc6c3180bf2481ddfc5725
🔵 Complete social activity
🔵 Then generate image here⬇️
https://beta.clutchplay.ai/
✅ In Promt should be written "a photo of xofc fox".
🔵 Wait and mint NFT
Fees ~3$
- Lens is now permissionless.
- Bitcoin Reaches $ 57K in Stellar Monday Surge, Erasing $ 70 Million in Shorts in Just One Hour
Bitcoin reached a peak of $ 57,055 on Monday, climbing 10.1% over a 24-hour span and elevating the digital asset’s market value to $ 1.10 trillion. The value of bitcoin relative to the U.S. dollar hasn’t ascended to these levels since Nov. 22, 2021, marking 12 days after the digital currency’s peak value of $ 69,000.
Monday’s Bitcoin Rally Hits $ 57K
The leading cryptocurrency by market capitalization reached the $ 57,000 threshold on Monday evening at 9:00 p.m. Eastern Time. The total valuation of the entire cryptocurrency market climbed 6% throughout the day to hit $ 2.12 trillion, with bitcoin accounting for $ 1.10 trillion of this total. The trend for bitcoin (BTC) is decidedly bullish, as evidenced by a series of steady increases over the last 24 hours.
Over the weekend and into last week, the market experienced some horizontal trading and a period of consolidation. Additionally, trading volumes were variable in the days leading up to Monday, though a pronounced increase in volume was observed during Monday’s trading period. Bitcoin appreciated 10.1% against the U.S. dollar in a 24-hour frame, showing a 34% increase in both weekly and monthly comparisonsIn the same timeframe, ETH saw a 4.5% increase, BNB advanced by 4.8%, SOL climbed by 7.7%, and ADA also saw a 7.7% uptick. Among the top ten cryptocurrencies, bitcoin stood out as the leading performer with its gains over the past 24 hours. Hourly data reveals an impressive $ 71 million in BTC short positions were eliminated within just an hour as prices surged, with 24-hour figures indicating a total of $ 180 million in BTC short positions were liquidated.
- Quoth the Raven’s U-Turn: From Bitcoin Skeptic to Believer, Envisions a New Era of Financial Freedom
In a candid interview about his past skepticism towards bitcoin, Chris Irons, also known as ‘Quoth the Raven,’ founder of Quoth The Raven Research, has taken on a transformative journey from doubt to belief in the leading digital currency. During an episode of the “What Bitcoin Did” podcast with Peter McCormack, Irons explains his newfound perspective on bitcoin’s potential to standardize post-financial crisis and its capacity to serve as a bulwark against the current monetary system’s pitfalls.
Quoth the Raven Shifts Stance on Bitcoin
During an engaging and insightful dialogue, ‘Quoth The Raven’ (QTR) shares his reflections on Bitcoin’s community, the shaky ground of global monetary policies, and his broader investment philosophy. QTR, a distinguished financial writer and the brain behind Quoth The Raven Research, initially kept his identity a secret but chose to reveal his identity in 2015. Recently, he has experienced a shift in perspective regarding bitcoin, warming up to the leading digital currency.
In the interview, QTR articulates a case for bitcoin (BTC) as the future of sound money, emphasizing its potential to emerge as a standard in the wake of financial turmoil. He reflects, “If you’re out there putting in the work, and the only thing you want to do is preserve your wealth, you have a legit beef with monetary policy… the next time there is an Occupy Wall Street, the exit ramp could very well be bitcoin.”
Irons contrasts bitcoin with traditional protest investments, pointing out the absence of counterparty risk and dilution—key advantages over options like Gamestop shares. He asserts, “Nobody can shut trading off for you; nobody can take your bitcoin.” His description highlights bitcoin’s unique position as a censorship-resistant and autonomous asset.
Delving into the systemic flaws of the fiat currency system, Irons vividly describes the impact on everyday life, saying, “It feels horrible when you work a 40-hour week, and you can’t afford a Domino’s Pizza because of the fiat system.” QTR positions BTC alongside gold as viable exits from this system, anticipating a FOMO-induced surge in bitcoin’s value due to its capped supply and scarcity.
QTR imagines a unifying moment for various societal groups, from Occupy Wall Street participants to libertarians, rallying around bitcoin. This collective movement, he suggests, could significantly amplify bitcoin’s future adoption and influence. He also discusses the transformative potential of bitcoin exchange-traded funds (ETFs), viewing them as a regulator’s endorsement that could funnel trillions of dollars into bitcoin.
“The ETFs are essentially a tacit blessing from regulators. There’s no turning back,” Irons notes, highlighting the irreversible path toward widespread Bitcoin acceptance.
Predicting the inflow of international wealth into bitcoin, Irons comments on the allure of the cryptocurrency to the ultra-rich, suggesting a significant impact on bitcoin’s valuation. His observations at a Dubai conference underscore the global interest in bitcoin from diverse wealth sectors.
“That is wealth on a different level,” Irons said. “That is Saudi Aramco wealth. That is, ‘I live on top of an oil well’ wealth, right? These people are just looking for something to do with their money. They have more money than they know what to do with. They’re gold-plating water slides at water parks and building entire cities in the middle of the desert.”
QTR concluded:
If you think some of these guys are not going to allocate $ 20 billion, $ 25 billion to their sovereign balance sheets in the Middle East, even if [bitcoin] goes to zero, they don’t give a f*** — You know, they just say, ‘Alright, well, it’s this flashy thing. We want to get some of it. Maybe we’ll hold a trillion dollars in gold, 10 billion dollars in bitcoin.’ But I think when that kind of stuff happens, the game theory just takes over.
- 🎉 @zksync Paymaster simple guide
🤔What?
⛽U can pay gas in other tokens
🤔Why?
😁Might be🪂multiplier
🤔How?
🔗syncswap.xyz
✅Change gas to USDC
💱Swap
⛽U just used Paymaster &paid gas
👇2 more DEX
1️⃣app.mute.io/swap
2️⃣zksync.velocore.xyz/swap
💙Like
🔁RT
https://twitter.com/CryptoTeluguO/status/1761668448458043626?t=9e8CcQ_ar-dYd30wf-54bQ&s=19
- Bitcoin's Scalability Foreseen by Satoshi Nakamoto to Outpace Visa, Historic Email Reveals
This week, crypto enthusiasts and historians alike have found themselves enraptured by the wealth of newly released emails from Satoshi Nakamoto, uncovering the visionary’s early efforts with Bitcoin. Specifically, one email, identified as number #3, offers unparalleled glimpses into Nakamoto’s considerations regarding Bitcoin’s scalability, economic framework, and prospects.
Emails Suggest Satoshi Nakamoto Was Quite Confident in Bitcoin’s Abilities
Satoshi Nakamoto, in a detailed correspondence with Martti ‘Sirius’ Malmi, outlines the essential features of Bitcoin, emphasizing its potential to secure wealth with strong encryption and the importance of backing up private keys. Nakamoto highlights the prioritization of features based on the evolving value of bitcoins, underscoring the developmental focus on security and user accessibility.
The email, labeled number #3, reveals Nakamoto’s plans for implementing an escrow feature to facilitate safer physical trades and the eventual settlement of the digital currency with fiat money. This strategic approach showcases Nakamoto’s forward-thinking in creating a robust framework for Bitcoin’s integration into the broader economy.
“I plan to work on the escrow feature next, which is needed to make actual trades for physical stuff safer and before backing the currency with fiat money can begin,” Nakamoto explained on May 3, 2009.
Addressing network connectivity and the importance of node participation, Nakamoto thanks Sirius for his consistent support. The discussion transitions to technical support for users and frequently asked questions (FAQ), illustrating Nakamoto’s commitment to fostering a user-friendly environment and the importance of community contribution to Bitcoin’s infrastructure.
Through a question-and-answer format, Nakamoto explains the Bitcoin blockchain’s inner workings, emphasizing the transparent and decentralized verification process. This section demystifies the blockchain for newcomers, showcasing Nakamoto’s powerful ability to simplify complex concepts. When Nakamoto was told by a newcomer that they were “not clear what the ‘blocks’ figure describes,” Bitcoin’s inventor provided a succinct answer.
“It’s the total number of blocks in the block chain, meaning the network’s block chain, which everyone has a copy of,” Nakamoto said. “Every Bitcoin node displays the same number and it goes up about every 10 minutes whenever someone generates a block.” The inventor continued:
When you haven’t had it running for a while, once you’re connected it spins up rapidly as it downloads what was generated while you were gone to catch up. I’m not sure exactly how to describe it (that would fit on the status bar in 1 word, maybe 2 words max), any ideas?On Bitcoin’s scalability, Nakamoto confidently states that Bitcoin can surpass existing payment networks like Visa in transaction capacity, with Moore’s Law ensuring the network’s ability to handle growth. The inventor’s optimism about scalability contradicts today’s common criticisms, providing a solid rebuttal to concerns over Bitcoin’s future performance.
“There is only one global chain,” Nakamoto said. “The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling. If you’re interested, I can go over the ways it would cope with extreme size. By Moore’s Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10. Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions.
- Pantera Capital Predicts 'Strong' Crypto Bull Market Over Next 18-24 Months
American hedge fund Pantera Capital has predicted “a strong bull market” for cryptocurrencies over the next 18-24 months. “With the halving expected to occur in late April 2024, we believe the convergence of these positive things will provide strong tailwinds for the next bull market,” said Pantera founder Dan Morehead.
Pantera’s Bull Market Prediction
Pantera Capital, a U.S. hedge fund specializing in digital assets, shared its crypto market outlook in its monthly Blockchain Letter released Tuesday. Pantera’s Blockchain Letters cover a range of topics focused on the blockchain ecosystem.
Dan Morehead, Pantera’s founder and managing partner, explained in Tuesday’s Blockchain Letter that Pantera has been through “three full crazy cycles — massive rallies, and then, unfortunately, 85% or so downdrafts.” He emphasized: “I think we’re in the beginning of the fourth big cycle now.”
The executive detailed: “For most of 2022 and 2023, all kinds of rare, crazy bad things were happening — once-in-a-generation-type things. A very important theme now is the absence of bad things.” Noting that “The stock market crashing in 2022 had a huge ‘denominator effect’ on institutions — and they really pulled back from investing in private markets,” he noted:
With stocks back at record highs, they can invest in private markets again, and so I think the next 18 or 24 months are probably going to be a strong bull market for crypto.
“Institutional adoption appears to be accelerating after the spot bitcoin ETF [exchange-traded fund] launch in January,” Morehead wrote. “With the halving expected to occur in late April 2024, we believe the convergence of these positive things will provide strong tailwinds for the next bull market.”
The Pantera founder continued: “This is a pivotal moment with the removal of these traumatic, horrible occurrences in the capital markets and blockchain space from the past couple years, coupled with positive things like the halving and regulatory clarity – all unfolding simultaneously.”
In August last year, Pantera explained: “The 2020 halving reduced the supply of new bitcoins by 43% relative to the previous halving. It had a 23% as big an impact on price. If history were to repeat itself, the next halving would see bitcoin rising to $ 35k before the halving and $ 148k after.” In February last year, Morehead said: “I believe that blockchain assets (using bitcoin as a proxy) have seen the lows and that we’re in the next bull market cycle — regardless of what happens in the interest-rate-sensitive asset classes
- GM Frens! 💜 We were cooking hard for couple of months! It’s time to reveal what we did for you!
We are happy to introduce: PHAVING! 🦄
Let’s go your mobile store and UPDATE YOUR APP! 🫵
We are working to improve all in-app mechanisms to design a sustainable and fair token rewards for everyone. 🤝 This is one of the biggest changes so far, where we've redesigned the entire Point earning mechanism. 🚀
In the new version Staking has been replaced with Phaves and a majority of the daily rewards now go to phaving instead of posting. Best posters are still rewarded but so is everyone who helped these posts get discovered and gave their Phaves before the post became popular. Read the full details: https://phaver.gitbook.io/phaver-help-center/phaver-points-and-cred-score/phaver-points-2.0
Is that all? Noooo! We have many other things Frens! 😎
You asked, we cooked: QUOTE MIRRORS. Now you can now add a quote to any Phaver or Lens post you share. And all Mirrors can again be made into Communities as you all requested! 🆒
The app is now also available in Vietnamese, Thai, Hindu, and Nigerian Pidgin English! 🚀 Local communities are so important for us and we wanted to ensure the most active countries can use the app in their own language! 🔥 All translations are alpha versions, so there may be some minor issues. ✌️ But don’t forget: COMMUNITY IS EVERYTHING FOR US! 💜
Also, now there are categories in the Communities page for easier discovery! 📕 You can go and join different Communities based on your interests! 🙇
We're launching a new onboarding experience soon, allowing new users to earn Points and learn about Phaver. In this update we have cut the Point earning for NFTs in half to reward the early users with higher value. TIME TO PHAVE! 🚀
We are always working hard to provide the best social app in Web3 and appreciate all feedback on the new updates and what you’d like to see next. Thanks for being with us in this Web3 journey! 💜
Keep PHAVING! 🦄
- Gm Frens, it’s getting RED in here 🥵 ❤️
🔥 We’re raffling 50 REDlist spots for the PFPAsia NFT 🟥 👀 Plus, each winner gets 1k Phaver Points.
To enter ⤵️
1️⃣ Follow @ Phaverapp & @ PFPAsia on X
2️⃣ Repost https://twitter.com/phaverapp/status/1760597353923264706
3️⃣ Complete tasks 👇
https://taskon.xyz/campaign/detail/32359 with Phaver wallet🦄
Let's Keep Phavering! 🚀
- Matic & Gfox ‼️
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
https://crypto.news/avax-and-sol-rallying-but-analysts-back-matic-and-gfox/
- Selamlar Frens! 💜 Did you notice that now you can read the best crypto news directly on Phaver and in 🇹🇷
Hoşgeldiniz @lens/cointelegraphtr, @lens/coinkolik, @lens/btchaber to Phaver! Go, follow and check them out to get latest news! 🫡
- 🔥 Get ready for a blast with Matr1x Fire!
Join our campaign and share your best moments from the game. 🎮 Stand a chance to win BIG! 🚀
📸 Post a gameplay video in Matr1x Fire community
🥇 Top 10 video moments: + 20k Phaver Points & Premium Pioneer Badges each! 💎
🏆 Every participant gets 1000 MAX Score! 🪂
Further details:
- On until Tuesday, 27th February. ✅
- Top 10 will be chosen by both team judges decision. Everyone who posts a video from the game gets 1000 MAX Score. 🪂
- Game access may require VPN in some areas.
- The game is in testing phase, available only on Android.
Let's play! 🚀 Download Matr1x Fire:
https://play.google.com/store/apps/details?id=com.matr1x.fire
- 🔥Matr1x Fire in the town Frens 🎮
Join us in the AMA to answer all your questions about the new Matr1x game 🔫 Gear up, it's game time 🫡
Date: Feb 20th 12:00PM UTC
Listen in: https://twitter.com/i/spaces/1lDxLPQOVAYxm
🖐 Got a question for Matr1x? Drop it in the comments below👇
Top 5 questions chosen win 2000 Phaver Points each! 👑
- Robert Kiyosaki Expects Bitcoin to Take off — Foresees Gold Crashing Below $ 1,200
Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin and silver will take off while gold will crash below $ 1,200. He urges investors to prepare for the “biggest crash in history” which he forecasted in his book years ago. Emphasizing that the Federal Reserve is “destroying” the U.S. economy, he advised: “Rather than trust the Fed, I prefer to trust gold, silver, and bitcoin.”
Robert Kiyosaki Expects Bitcoin to ‘Take Off’
The author of Rich Dad Poor Dad, Robert Kiyosaki, returned to social media platform X this week to express renewed concerns about the U.S. economy and potential crashes while offering predictions about gold, silver, and bitcoin. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
On Wednesday, Kiyosaki shared on X a question by Andy Schectman, CEO of Miles Franklin Precious Metals Investments and a frequent guest on his Rich Dad show. “Andy Schectman asks a very important question. ‘Who is going to buy U.S. bonds?'” Kiyosaki wrote, adding: “Banks are buying gold, not U.S. debt. How will America run without money? How will the world run without money? What will the world do?” The famous author continued:
Gold is going to crash possibly below $ 1,200. Silver will take off as will bitcoin.
At the time of writing, the price of gold is $ 2,013.20 per ounce, silver is $ 23.41, and bitcoin is trading at $ 51,921.53.
On Monday, Kiyosaki commented on how some financial advisors are now offering spot bitcoin exchange-traded funds (ETFs) to clients. “Finally a few financial planners are recommending investing in gold, silver, bitcoin,” Kiyosaki wrote, adding: “Why have financial planners not recommended investing in hard assets earlier?” Answering his own question, he detailed: “$. Money Baby!!! Commissions!!! Gold has beaten the S&P for decades. The S&P is about to crash by 70%. Don’t be a loser. Choose your financial advisors carefully. Prepare for [the] biggest crash in history … a crash I forecasted in my book ‘Rich Dads Prophecy’ years ago.”
On Thursday, Kiyosaki slammed the Federal Reserve on X. “Sick and tired of hearing ‘experts’ ask: ‘What is the Fed doing?’ The Fed is the problem. The Fed is a criminal organization. The Fed has destroyed the economy, made the poor and middle class poorer, and bailed out their rich banking friends. Wake up. Pay less attention to what the Fed is saying and what the Fed is doing. Again, the Fed is a criminal organization,” he opined. Despite expecting the price of gold to crash, the renowned author stressed:
Rather than trust the Fed, I prefer to trust gold, silver, and bitcoin.
Last month, Kiyosaki warned investors about the U.S. government’s ballooning debt, urging them to buy BTC. He recently explained why he owns bitcoin, emphasizing that the cryptocurrency protects “against the theft of our wealth via our money.” Following the approval of spot bitcoin ETFs, the famous author revealed that he increased his bitcoin holdings. He believes BTC will soon hit $ 150K, advising investors to pay attention to the upcoming Bitcoin halving
- 🫠 $STRK disappointed many, let's move on to next one
🪂@Scroll_ZKP could be good opportunity
🌋A Mega thread on
@Scroll_ZKP
popular dapp links
💱Interact with them for potential 🪂
💰Keep at least 0.01e
🔗20 dApps included(updated)
📚Bookmark
💙Like
🔁RT
🍥Grind
https://twitter.com/CryptoTeluguO/status/1758844123056918577?t=2wpkWHTdV2PJSXCiF7zDFw&s=19
- Bitcoin Technical Analysis: BTC Consolidates Gains as Traders Eye $ 53K Resistance Level
As bitcoin weaves through its dynamic trading patterns, its valuation on Feb. 16, 2024, reveals pronounced bullish indicators. Floating within a 24-hour trading window of $ 51,364 to $ 52,884, the digital currency’s market worth firmly grips the $ 1.02 trillion mark.
Bitcoin
The volume of bitcoin’s global trades is cruising at $ 29.86 billion, showcasing a medium-to-high engagement from traders and fluidity in the market. This level of activity underscores the prevailing bullish outlook, as mirrored in the day’s trading span and market valuation, accentuating the robust demand for the leading crypto asset.
Technical indicators deliver a mixed bag of sentiments; the relative strength index (RSI) and Stochastic oscillator hover in neutral territory with readings of 82 and 94, respectively, whereas the commodity channel index (CCI) and the momentum oscillator lean towards bearish signals. This spread of interpretations underlines the market’s volatility and the guarded optimism circulating among traders.
The moving averages (MAs) on Friday distinctly point towards a potent bullish momentum across several timeframes. Remarkably, both the exponential moving average (EMA) and simple moving average (SMA) over 10, 20, 30, 50, 100, and 200 days unanimously support an upward trajectory. These metrics affirm the solid base and momentum of the prevailing bullish trend.
An analysis of the 1-hour chart pinpoints $ 51,364 as a pivotal support zone, with $ 52,884 serving as the day’s resistance level. The chart’s fluctuation and the tug-of-war between buyers and sellers hint at a market in consolidation, providing strategic opportunities for short-term traders.
In the 4-hour chart, a clearer bullish pattern unfolds, characterized by reduced market noise and evident purchasing enthusiasm through significant upticks. This chart also indicates a settling period after a swift price ascent, establishing itself as a crucial tool for mid-term trading approaches.
The daily chart showcases a firmly bullish trend, evidenced by rising volumes on positive days and a clear lack of forceful selling. Should the $ 52,884 resistance hold strong, it could mark a prime exit strategy, underlining the daily chart’s role in shaping long-term investment strategies.
Bull Verdict:
The convergence of moving averages, robust trading volumes, and strong support levels underscore a bullish outlook for BTC. The sustained interest and investment in BTC, coupled with optimistic technical indicators, suggest a continuation of the upward trend. Traders should consider leveraging this bullish momentum, with an eye on key resistance levels for potential profit-taking opportunities.
Bear Verdict:
Despite the current bullish indicators, the mixed signals from oscillators and the potential for overbought conditions warrant caution. The presence of strong resistance levels and divergence in technical signals could lead to a market correction. Traders should remain vigilant, preparing for potential downward adjustments and considering hedging strategies to mitigate risks associated with volatility in the cryptocurrency market.
- ⛏️New NFT on @base
🤵CEO of Coinbase posted an NFT link
😀He gave some hints
👇Steps to mint
🔗nft.coinbase.com/mint/coinearni…
✅Connect wallet
✅Mint
⛓️Base
⛽$ 0.15
👇By doing this
💱Txn on Base
🆕Contract interaction
🖼️1 NFT
📆Active week on Base
😉May be surprises
💙Like
🔁RT
https://twitter.com/CryptoTeluguO/status/1758667052347437561?t=RE0CVn3YXdVidTF4lFJ3dA&s=19
- 🎉Simple guide on @ethena_labs Airdrop
💰 @binance backed
💰 $ 6.5M funded
⛓️Ethereum
⛽🔥
✅They r building a scalable crypto-native stablecoin: $USDe
🪙U can interact to earn Shards & APY
🤔May be shards=🪂
👇3 ways to earn Shards
1️⃣Hold $USDe - 5 Shards/day/1 USDe
2️⃣Hold $sUSDe - 1 shard/day/1 sUSDe
3️⃣Lock LP - 20 shards/day/ $ 1
❌Skip sUSDe low shards
👇Try one of below
1️⃣USDe
✅low risk compared to LP
✅low rewards
❌No lock in
2️⃣LP Lock
✅High risk
✅Impermanent loss
✅21days withdraw unlock
✅Higher rewards
😝I chose LP lock
👇Guide for both
🔗app.ethena.fi/join/tdizp
✅Connect
✅Swap any stable to $USDe
🪙Now just by holding this in wallet u earn 5 Shards per day per $ 1
💵Also u earn APY
👇Continue if u want LP lock
✅Go to liquidity tab
✅Select LP u want to lock
⚠️Some pools r full, select which is available
✅Open curve link
✅Add $USDe once sided liquidity to save gas
✅Come back to Ethena
✅Lock LP
⚠️Withdraw will take 21 days just like $TIA staking
🪙Now u earn 20 Shards per day per $ 1
💵Also u earn APY
⛽Gas breakup at 22 Gwei
✅Swap approve - $ 2.75
✅Swap - 10.49
✅Curve approve - $ 2.75
✅Curve add - $ 10
✅LP approve - $ 2.75
✅LP lock - $ 4.39
🔥Total - $ 33
🤣So if u try with $ 100 capital u will be REKT
⚠️Try only with Big funds ($ 1000+)
⚠️Try only for long term
⚠️High slippages
⚠️Stable coins r totally unpredictable & unstable
⚠️Risky of loosing capital if depeg
😉If u want a video guide, I will uploading explanation video in 3 languages tonight on all my youtube channels(links in bio)
👇Demo▶️
https://twitter.com/CryptoTeluguO/status/1758468293482951009?t=-4JNVabWJ5CPcueqI_O7kg&s=19
💙Like
🔁RT
https://twitter.com/CryptoTeluguO/status/1758468293482951009?t=-4JNVabWJ5CPcueqI_O7kg&s=19
- Crypto Economy Hits $ 1.9 Trillion on Valentine's Day Surge: DYM, STX, and SEI Lead GainsAt the time of writing, the value of the crypto economy has reached $ 1.93 trillion, with bitcoin alone accounting for $ 1 trillion of this total. Bitcoin and ethereum have experienced increases of 4.2% and 5.3%, respectively. Meanwhile, a few crypto assets have posted even more significant gains against the U.S. dollar. DYM surged by 16.8%, STX soared 16.1%, and SEI enjoyed a 15.5% uptick in the last 24 hours.
Bitcoin, Ethereum, and Several Altcoins See Robust Gains
On Feb. 14, 2024, also celebrated as Valentine’s Day, the crypto economy saw a 3.51% rise from the previous day, totaling a valuation of $ 1.93 trillion. BTC reached a peak of $ 52,093 on Wednesday before sliding back, just below the $ 52K threshold. At 7:21 p.m. Eastern Time on Wednesday evening, the price of bitcoin is back above the $ 52,000 range.
Despite this, the leading digital currency has climbed 4.2% today and now commands 52.5% of the crypto market’s total value. ETH’s price has reached $ 2,780 per unit, marking a 5.3% rise, with its market capitalization holding a 17.2% share of the crypto economy.
Among the top performers of the day, dymension (DYM) stood out, registering a 16.1% increase against the greenback. With the inclusion of DYM, five cryptocurrencies experienced double-digit growth on Wednesday.
Stacks (STX) leaped by 16.1%, sei (SEI) climbed 15.5%, and manta network (MANTA) increased by 11.5%. In the same 24-hour timeframe, immutable x (IMX) also enjoyed an 11.3% uptick in its price.Overall, 28 distinct digital currencies recorded gains of more than 5% against the dollar in Wednesday’s trading sessions. Additional crypto assets that stood out for their performance include VET, BONK, JUP, FLOW, BGB, MNT, and TAO.
The day’s top trade volumes went to solana (SOL), binance coin (BNB), and xrp (XRP). On Wednesday, just four cryptocurrencies experienced downturns, with astar (ASTR) topping the list of decliners.
ASTR fell by 3.1%, cosmos (ATOM) decreased by 1.3%, and frax shares (FXS) dipped slightly by 0.31% against the dollar. Throughout the day, the cryptocurrency market recorded a global trade volume of $ 83.14 billion.
Apart from ETH and BTC, a notable number of short positions in various altcoins were also observed, including the elimination of $ 7.10 million in SOL shorts. Additionally, significant short positions in DYM, PYTH, AVAX, BCH, and IMX were wiped out.
- AAVE V3, one of the foundational pillars of Ethereum's DeFi ecosystem, is now LIVE on Scroll Mainnet.
- **Opening the garden**
art by @lens/notgonnamakeit
Limited Collect for 1 MATIC
80% going to the artist, and 20% going to @lens/creators to collect and tip more creators on Lens.
- 😀Great weekend for #Airdrop holders
🫡Still holding my
🪂 $XAI
🪂 $ZETA
🚀 $XAI - $ 1.08
🚀 $ZETA - $ 1.62
💰 $XAI - $ 24,700
💰 $ZETA - $ 30,687 (30% to community)
🫡That's more than $ 50,000 from 2 #Airdrop
😁Also holding my $DYM
🔜 $PIXEL
🤔What about u?
💙Like
🔁RT
https://twitter.com/CryptoTeluguO/status/1756599468823351442?t=4Zz2GaRZCcrUJOQvaCCzzw&s=19
- 🎉 @MocaverseNFT simple #Airdrop guide
💯FREE
💰$ 31M funding
🪙Earn Realm Points &
🪙Shards
👇Steps
🔗account.mocaverse.xyz
✅Connect wallet
✅Choose name
✅Enter invitation code(in comments)
✅Claim
✅Click view profile
✅Link x
✅Post
🪙Now u got 145 Realm Points
📜Scroll down to find your 4 Referal codes
✅Post them in comments so others can use
✅Click "start now"
✅Tweet
🪙Now u got 18 shards
✅Once u get 2 referrals, u star earning Shards hourly
✅Get more codes by inviting more
😁Now to make it easy to community members I created a form
1️⃣If u have codes
🔗Fill your codes here - forms.gle/uxsqYyDzhzTYQz…
2️⃣If u need codes
🔗Click here to see community codes- docs.google.com/spreadsheets/d…
🫡Once u fill your code in 1️⃣ it will automatically updated on 2️⃣ so who every need code can use it
📝My codes
J75BP9RBH8
SCGXUA24Z3
LLNT9Z52SE
67T48SLNFW
💙Like
🔁RT
https://twitter.com/CryptoTeluguO/status/1756182306409132165?t=ER8YMVi0H41gLPoQpQZZ0A&s=19
- 🔜 $STRK
- 🔜 $STRK
- Warm welcome to Mittaria frens joining Phaver holder's community! 💫💜
🔥To celebrate, we’re raffling 7 Whitelist spots for Way to Gods mint 👀 + 2.5k Phaver Points each.
To enter ⤵️
1️⃣Follow Phaverapp & Mittaria_Origin on X
2️⃣Repost https://twitter.com/phaverapp/status/1755923620461760793
3️⃣Complete tasks: https://taskon.xyz/campaign/detail/34067 with Phaver wallet 🦄
Let's Keep Phavering! 🚀
- Microstrategy Raises Bitcoin Holdings to 190K BTC ❗️😮
https://news.bitcoin.com/microstrategy-raises-bitcoin-holdings-to-190k-btc-calls-itself-worlds-first-bitcoin-development-company/
- 💥Polygon ZkEVM: NFT's Stigma for participating in SAGA quests💥
✨NFT is distributed to those who have completed more than 4 quests✨
✨There are 3 NFT|50k supply available for each NFT.
▪️Vanguard | for completing 4/6 quests
https://www.intract.io/quest/65c0d553aba4e2ae3c975f30
▪️Archon | for completing 5/6
https://www.intract.io/quest/65c0d2dbaba4e2ae3c975c37
▪️Grandmaster | for completing 6/6
https://www.intract.io/quest/65c0ce1daba4e2ae3c9737f0