Thursday, March 11, 2021

What you don’t get about Theta-nomics

I’ve seen a lot of people on here “oh it’s gonna crash” and “wait for the pullback”...

My dudes there may not BE a pullback on this.

App. 43% of the stake remains. If you buy and hold this, the economics literally dictate it can only go up.

Explained: with 100% of the supply already in the market that means that, so long as inflow outpaces outflow, this is only going up because market directly correlates to price action. No halving events. No inflation.

Clearly much of the current stake being purchased is being locked up in validator and guardian nodes which is why this spike isn’t retreating.

So you have to ask yourself: what catalysts are coming up that might continue strong inflow?

Well we know Main net 3 is launching soon. We know that this tech is being adapted to messaging apps in South Asia. We know eventually this will list in the US. We know the US just passed a stimulus that triggered the first bull run of this year. We know the developers have hit all their timeline goals, with some of their most ambitious plans this year. The owners have stated they intend to have an additional 10,000 nodes running in the next few years. So the company has an aggressive growth vision.

With all of this listed, I see a bull run staying on course at LEAST another month to main net 3. And possibly through the rest of the year with small and natural corrections. But observe the current trend lines. The technicals and fundamentals don’t lie.

I’ve been stressing this so hard and people, even long term investors, don’t seem to understand: this technology has the potential to completely upend the streaming industry, which has remained moderately unshaken since Netflix became a domineering force ten years ago.

This isn’t some alt coin where people think they’re gonna get rich quick (although they are). This is a real company with a crypto system that is tangible, functional, and provides incentives to it’s users. If you compare Bitcoin and Theta futures, you will see theta outpaces Bitcoin by nearly 2% on gains and ALSO shows a weak correlation to Bitcoin price.

At the end of the day, you do you. But Theta is a blockchain technology that is revolutionary and within 5 years can be one of the largest companies in World wide entertainment. 7$ is cheap because it’s the genie out of the bottle. Just you wait. ↗️


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