Stacks 2.0 Launch Event - 14th Jan 2021

As Stacks 2.0 reached feature complete on 15th December 2020, the launch of Stacks 2.0 mainnet is imminent. Brining apps and smart contracts to Bitcoin, thereby unlocking innovation on the network in a way we’ve never seen before.

The launch will be just the beginning of an exciting new era for the Stacks community and for crypto broadly as developers begin to leverage Stacks to build a user-owned internet on Bitcoin.

To celebrate this milestone, the Hiro (formerly Blockstack PBC) team is hosting a global launch event complete with a talented emcee, app launches, musical performances, surprise announcements, limited edition swag, guest speakers from partners such as OKCoin, Staked, Algorand, Blockchain.com, and much more.

Register for the launch event here: https://stacks2.com/register?ref=fh

[WTS] Hand Pours, New Molds!

New Stuff Sample

Verification - Verification - Verification - Verification

Additional transaction Details Below - Reasonable offers welcome, some items will be marked with a “***” indicating that if they don’t sell within 48 hours they go back in the crucible.

New Hand Pours

3.6 ozt Zed Shuriken (League of Legends) - $125

3.9 ozt Vault 76 Vault Door - $135

***3.2 ozt Vault 76 Vault Door - $105

5.9 ozt Mandalorian Mythosaur - $210

***6.7 ozt Mandalorian Mythosaur - $230

Kit Kat Bars - $32.50 per ounce -Weight varies 1.4 ozt to 2.0 ozt and 1 at 5 ozt - Price $45.50 to $65 and $81.25 - 1.8 ozt Kit Kat Bar (Sample) - 2.5 ozt Kit Kat Bar (Sample)

Square Bar Sample - $32.50 per ounce - Weight varies 1.4 ozt to 1.8 ozt - Price $45.50 to $58.50

Fractional Bar Sample

22 gram Bar - $25

28 gram Bar - $31

Basic Hand Pours – Most of these designs are interchangeable/combinable if you’d like me to make a new piece – I’m still having trouble perfecting the proof finish, hence the proof-like phrasing

Finished Product

Spot is Aladeen Bar (FITS IN CAPSULE!) - $30 each https://imgur.com/9d2wpol

Revolutionary Bars (FITS IN CAPSULE!) - $30 each https://imgur.com/YtOCxHK

“They Live” Bar (FITS IN CAPSULE!) - $30 each https://imgur.com/OeD44ri

Discipline Equals Freedom Bar - $70 each https://imgur.com/iqeiZ3o

“Good” Round - $14 each https://imgur.com/BssG3sP

Idiocracy 2020 Round - $14 each https://imgur.com/eJj50it

Hammered Round - $19 each https://imgur.com/CkFTkAN

“Stay Clean” Proof-Like Round - $40 https://imgur.com/Ng9YWUP

Basic Dude Stuff Card - $18 each https://imgur.com/bDrvpCc

“Mirror” Double Proof-Like Round- $40 https://imgur.com/f53zlAo

Stay Hard/Keep Hammering Card (slightly under ½ ozt) - $17 each https://imgur.com/AQxviaW

Fear/Quicksand Hammered Bar - $42 https://imgur.com/ztTdWyi

***Bread Bars - $8 each https://imgur.com/YH4smYp

999 Blanks - https://imgur.com/saHuTdU

18 gram Button Rounds - $19 each

1 ozt Button Rounds - $32 each

25 gram Loaf Bars - $26 each

25 gram Hand Cut Bar (FITS IN CAPSULE!) - $30 each

40 gram Bars - $41 each

69 gram Chunky Bars - $70 each

66 gram Large Loaf Bars - $67 each

90% Blanks - https://imgur.com/saHuTdU

Button Rounds 26-36 grams - $26-$36 each ($1 per gram)

Bars 35-39 grams - $35-$39 each ($1 per gram)

Shipments on this sale will be USPS first class for $5 or priority for $8.

Payment by PPFF, Zelle, Venmo, Bitcoin, and ETH (Crypto Preferred!)

TRADE OPTION - My hand pours for your silver and damaged silver. I can also turn your (damaged) silver into a hand pour for you for a negotiable fee depending on the piece.

Prices are subject to change at any time due to market fluctuations and in the event of a listing error or update.

Hi it’s Stock Mike! Nice to meet me! Here to bring my picks, profits and positivity!

Hi it's Stock Mike! Nice to meet me! As many of you read my last post, I will be posting Sunday nights and will indicate my history of picks (see bottom of the post). I am not a professional, I don't know if you should be buying options or buying the stock outright, nor should you invest outside of your means, so please do your own research in addition to my posts. However, i'm a huge fan of The Office, so i can provide obscure references and poorly timed jokes a la Michael Scott. With The Office leaving Netflix, I know y'all need those in your life.

"You lose on 100% of the stocks you don't buy."
-Stock Mike

What a year end for Bitcoin!! I hope everyone stayed sexy and rode those block chain gains because like Creed Bratton no one really understands it, but somehow it's successful. Cloudflare got killed, no way around that, but i'm still bullish long term. So, if you bought, hold tight because it's a solid company. WPP didn't have much movement.

How do you like your Eggs in the morning? I like mine with a side of Chinese EV

Top Picks

• Nio ($48.74)

Expected gains: 5-7%. Look, I know Nio is on everyones watch list right now. It had a historic run for a few months in 2020, but I believe 2021 will also be huge. In a recent letter to investors, Nio indicated it delivered 7007 vehicles in December! In addition, Nio delivered 17,353 in Q4, surpassing even the CEO's expectations. Nio day is also January 9, 2021, where in this letter, the company indicated they will "unveil our new sedan model and share the latest development of our autonomous driving and other core technologies." Needless to say, my mouth is watering like i am standing over a pot of Kevin's famous chili.

​

• Cloudera ($13.91)

Expected gains: 2-4%. It's no secret that Data is booming and Cloudera's positioned for a nice 2021. Cloudera is the middle of a massive business model pivot. PIVOTTTT!!!!!! Sorry Friends Joke, couldn't resist. They got dragged down by the Hadoop catastrophe, but i believe it has a bright future. The willingness to pivot and adapt to the market needs is a huge confidence boost imo.

Recent News:

Cloudera CEO: Enterprise Data Cloud Vision Nearly Complete:https://www.datanami.com/2020/12/08/cloudera-ceo-enterprise-data-cloud-vision-nearly-complete/

Cloudera Completes $500 Million Term Loan and Repurchases 26 Million Shares:https://www.prnewswire.com/news-releases/cloudera-completes-500-million-term-loan-and-repurchases-26-million-shares-301198214.html

Cloudera's Business Model Transition Gives Investors a Growth Stock at a Value Price:https://www.fool.com/investing/2020/12/09/clouderas-business-model-transition-gives-investor/

​

• Nuance ($44.09)

Expected gains: 2-4%. Nuance is fairly unknown, which is surprising considering the industry they operate in. AI is the future and Nuance has vast connections across healthcare, security, communications and government, putting them in a great position. Make no mistake, this is not Dunder Mifflin Infinity, Nuance is here to stay.

​

Last week 12/28 - 12/31:

• NET ($84.98-->$75.99)
• GBTC ($27.35-->$32.00)
• WPP ($54.74-->$54.08)

As alway, Please feel free to follow me, or message me with any suggestions, criticisms or if you just want to talk. See you next week :)

Stay Sleazy,

Stock Mike

Question about tax

Ive been struggling to wrap my head around the topic of tax when it comes to cryptocurrency. In alot of contries, every transaction between different coins is taxable.

Scenario 1: I purchase Bitcoin for 100 Fiat. Value increases 50x and is worth 5000 Fiat, at which point I trade my Bitcoin for Monero. This will then be a taxable event and I owe the taxman say 25% of the profits, 1125 Fiat. A year later, Monero drops 99% and Im left with a value equivalent of 50 Fiat.

In total, a 100 Fiat investment turned out to cost 1225, well minus the 50 you are stuck with in your shitcoin.

Am I getting something wrong here, or is this a possible scenario?

Scenario 2: I purchase bitcoin for 50 Fiat and Monero for 50 Fiat on day 1. Both 50x in value, and are worth 2500 Fiat each. I convert my Monero to Bitcoin, and taxman claims 25% of that. So im left with Bitcoin worth 2500 fiat + 1887.5 fiat, instead of the flat 5000 if I went 100% bitcoin on day 1? (Well obviously I still keep my bitcoin, but have to pay Fiat equivalent of that amount).

Would it not make more sense to simply get taxed when you make transfers back to fiat? Does it generally work the same way with taxation of stock investment?

Thanks for any serious answer, im rather confused about the whole topic, and obviously need to read up on it.

Jan/3/2021 news: __ Top-10 anti corruption charges of 2020 __ POW & search __ Russian aid __ Refugees return __ Protecting the church __ Artsakh's international recognition __ Oil & gas news __ Chess & soccer events __ Guinness World Record __ Importing more Iranian products __ Syunik borders __

Your 7-minute Sunday report in 1743 words.

10 notable anti-corruption cases in 2020

10) SIS concluded the investigation of former president Serj Sargsyan's alleged embezzlement of ֏500 million in agricultural subsidies in 2013. Serj appeared in court as a defendant in February. The case continues.

9) ex-HHK MP and ex-Soccer Federation Chief Ruben Hayrapetyan (oligarch Nemets Rubo) was charged with large-scale embezzlement. In February, he was charged with embezzling $1.5 million-worth lands belonging to the Soccer Federation. (he was earlier implicated in the case about organizing the kidnapping, extortion, and torturing of a man who allegedly stole from his restaurant)

8) ex-Yerevan Mayor and Transport Minister HHK Gagik Beglaryan was charged with embezzling ֏230 million in state property. He was also interrogated as part of a ֏23 billion embezzlement in the North-South highway construction project. His brother is implicated in a ֏85 million embezzlement case.

7) ex-Culture Minister Hasmik Poghosyan (wanted) and ex Israel Ambassador Armen Smbatyan (paid a bail) are charged with using an offshore scheme to embezzle the state property.

6) Serj Sargsyan's brother Alexander was a defendant in the case of the 14 stolen paintings by Martiros Saryan. Pashinyan announced that Alexander's $30 million bank account was frozen. Alexander agreed to return the funds to state coffers. $26 million was recovered. $7.5 million was recovered as part of Martiros Saryan's painting case. Another $19 million was recovered -- or as he says, "donated" -- for the army modernization.

5) Powerful Churchman Archbishop Kchoyan (Bentley guy) was charged as part of an investigation of the forceful appropriation of another businessman's property by using an offshore firm, which was run by several individuals, including the churchman and allegedly the former Prime Minister Tigran Sargsyan. More on that here.

4) Felony case was launched over the purchase of $42 million in weapons that turned out to be dysfunctional. Pashinyan mentioned this on several occasions, blaming the former regime for "wasting resources instead of developing the army." More recently, Pashinyan criticized General Movses "Mosi" Hakobyan, saying the waste took place under his administration.

3) Serj Sargsyan's chief bodyguard Vachagan Ghazaryan and his alleged accomplices had their felony tax-evasion charges dropped after compensating ֏3 billion ($6.3 million) to state coffers.

2) Serj's son-in-law Mikael Minasyan (Povar Ishik) was charged by IRS in March after the "revelation of an unprecedented level of corruption in modern Armenian history". Minasyan is accused of illegal enrichment. The investigation continues. Minasyan is residing in Russia, which won't extradite him due to close connections.

Details on Mishik's case here, here, here, here (laptop recovered with 9000 files), here, here, here, here, maybe here, definitely here, here, here,

1) BHK leader Gagik Tsarukyan was charged with organizing an election fraud during 2017 and financial crimes by his casino Shangri La. The investigation began in late 2019 after a construction firm, with ties to Tsarukyan, paid a bribe to a Yerevan official in an unrelated incident. Tsarukyan likely learned about the pending charges against him and launched a major opposition campaign against Pashinyan, to then frame his charges as "political persecution" for being critical to the government.

https://www.civilnet.am/news/2021/01/03/2020-ի-10-քրեական-գործերը/414983

https://www.evnreport.com/politics/the-political-rise-and-fall-of-tycoon-gagik-tsarukyan

protecting the church from Satanists

Former HHK MPs Shawarmazanov, Vahram Baghdasaryan, Masis Mayor, and their supporters gathered in front of Ejmiatsin cathedral to show support for the church leader Gargegin B. The church was later criticized for being politically-motivated; it has been accused of acting as the former regime's puppet for several years now.

The former MPs condemned the "attacks" and said, "no Satanists can divide our church because it has been our protector for thousands of years."

https://www.youtube.com/watch?v=FrnfWxGlguQ , https://youtu.be/Uli2kwKHtTs , https://youtu.be/FrnfWxGlguQ , https://youtu.be/Gy7PqICSYU4

Italian city Osio Sopra officially recognizes Artsakh Republic

grazie

https://armenpress.am/arm/news/1039469.html

Iranian & Chinese products to replace Turkish

Armenia will import 2250 types of products from Iran instead of Turkey, amid the 6-month ban on Turkish product imports. "This will be a good opportunity for Iranian producers. In the next step, [Armenia] will supply its required raw materials from Iran," said the chief of the Iranian trade agency.

The govt had earlier met Chinese representatives to discuss the replacement of other Turkish items with Chinese ones.

https://en.mehrnews.com/news/167965/Armenia-to-import-2-250-goods-from-Iran-instead-of-Turkey

border "demarcation" process continues in Syunik

The process to install Armenian and Azeri troops continues on the new borders between Armenia and Azerbaijan, in the Syunik province. The border was formerly Syunik (Armenia) - Qashatag (formerly Artsakh).

Syunik's Shurnukh and Vorotan were built on the immediate internationally-recognized border, and some of them were on the Azeri side. As a result, a dozen buildings will go under Azeri control. Shurnukh village mayor complained about losing several houses and Azeris being too close.

Syunik governor said border guards have been installed in areas surrounding Shurnukh. Russian and Armenian guards are placed in certain parts of this 21 km border.

https://factor.am/325886.html

POWs

European Court for Human Rights has approved a petition by Armenia to implement emergency measures to require Azerbaijan to share information about the conditions of 23 POWs.

"So far, such petitions were approved for 80 POWs, 18 of whom have already returned home," said Armenia's representative in Court.

Armenia's HR Ombudsman Tatoyan criticized Aliyev for calling Armenian POW soldiers "terrorists" and for keeping them arrested, which delays the swap process.

https://armenpress.am/arm/news/1039433.html , https://armenpress.am/arm/news/1039480.html

New Years Eve memorial concert in Yerablur Pantheon:

https://youtu.be/eDiK0KZRkH4

casualties & search operations

1145 bodies have been found on battlefields since the ceasefire; 10 of them on Saturday. Several crews continue the search in Martuni, Martakert, and Jabrayik regions.

3330 bodies have been found since the beginning of the war. Some of them are yet to be identified. 436 were identified by DNA analysis, 871 are pending. The DNA process is slow so the govt decided to buy the second device.

https://armenpress.am/arm/news/1039447.html , https://armenpress.am/arm/news/1039483.html , https://armenpress.am/arm/news/1039500.html

Azeri civilian wounded from a landmine explosion

... in the Fizuli region that went under Azeri control during the war. Azeri prosecutors launched an investigation. In turns out, some Azeri civilians visit these areas without allowing the sappers to clear the areas from landmines first. So far, 10 Azeris have died or received injuries from such explosions after the ceasefire.

https://armenpress.am/arm/news/1039473.html

Russian sappers in Artsakh

... have cleared 400 hectares of lands, 151 km of roads, and 617 buildings from 16,000 explosives. Video of URAN vehicle helping sappers to clear land: https://youtu.be/uZOXWsE4Pvw

https://armenpress.am/arm/news/1039508.html

Russian peacekeepers to live in modular housing

They built the second rapid-deployment modular mini-town in Getavan, after finishing one in Stepanakert earlier. Another one will be built in Berdashen this month. The blocs will house 300 peacekeepers. They will have access to various convenience shops.

https://armenpress.am/arm/news/1039452.html

Russian humanitarian aid in Artsakh

Russia sent 5,000 m² glass for window replacement, 70 tons of metal parts, 34000 bedding items, to Martuni and Martakert cities. Earlier they sent 20 mobile electricity generators to help the areas that were cut off from the main electric grid.

Russian doctors have so far treated 1044 Artsakh residents with various complaints. There are medical teams that travel in rural areas to provide care, including mental health services. The doctors received New Year's gifts from the medical administrator Oleg Bagayev.

https://armenpress.am/arm/news/1039453.html , https://armenpress.am/arm/news/1039463.html

more Artsakh refugees return their homes

220 did so on Friday. So far, 47000 residents crossed the Lachin road while returning to their homes.

https://armenpress.am/arm/news/1039462.html

GazProm has extended the gas contract with Armenia

... with the same pricing until 1Q21. More negotiations will take place later.

https://armenpress.am/arm/news/1039439.html

oil, gas, and... crypto mining??

Under the threat of US sanctions, a Norwegian agency will not certify the Russian Nordstream-2 pipeline, which intends to deliver 56 billion (?) cubic meters of gas from Russia to Germany annually. Trump administration has been pushing hard to sell American liquified gas to Europe.

https://sputniknews.com/europe/202101031081638832-norways-dnv-gl-intl-registrar-says-cannot-certify-nord-stream-2-due-to-us-sanctions/

Russia has another new gas pipeline called TurkStream. Its section located in Serbia began operating on Friday. It'll deliver Russian gas to Europe through Turkey. The US said it will impose sanctions in the event TurkStream expands with new pipes in the future.

https://www.azatutyun.am/a/31029599.html , https://www.euractiv.com/section/energy/news/additional-line-to-turkish-stream-would-face-us-sanctions/

Azeri gas pipeline TAP began delivering gas to several cities in Italy. Azeri gas travels through Georgia, Turkey, and Greece. It's co-sponsored by BP.

https://www.azatutyun.am/a/31029406.html

Russian energy giant Gazpromneft built a cryptocurrency mining facility in one of its Siberian oil drilling sites. They will dig gas, burn it, turn into energy, then use it to mine the coins. Good luck competing with your NVIDIA RTX crap (that is if you have one, pleb).

https://oilprice.com/Energy/Energy-General/The-Russian-Energy-Giant-Mining-Bitcoin-With-Virtually-Free-Energy.html

employee of the month

Italian soccer club Roma's midfielder Henrikh Mkhitaryan has been declared the best Roman player of December after a voting.

https://armenpress.am/arm/news/1039476.html

chess news

Levon Aronyan (two-times world cup winner) competed in Airthings Masters finale against Teymur Rajabov (current world cup winner). They played two rounds. Rajabov won the tournament.

Aronyan preserves his FIDE ranking. He is the 6th in the world. The leader is Magnus Carlsen.

https://chess24.com/en/watch/live-tournaments/champions-chess-tour-airthings-masters-2020-prelims/8/1/2 , https://armenpress.am/arm/news/1039458.html , https://armenpress.am/arm/news/1039477.html , https://factor.am/325895.html

world's smallest chess playing just for you

Ara Ghazaryan from Los Angeles built the world's smallest chess and made it into the Guinness World Records book. It's 8x8 millimeter.

"Ara Ghazaryan is an Armenian American artist who uses jewelry to express his art and formerly held this record title. The chess board itself is made from 18 k yellow and white gold with Armenian apricot wood and rests on a frame made of platinum, 18 k yellow gold, rubies, and diamonds. The figures measure in height from 1 mm for the pawns to 2.4 mm for the kings."

Photo: https://www.guinnessworldrecords.com/world-records/78603-smallest-handmade-chess-set

https://factor.am/325695.html

COVID stats

+1088 tested. +229 infected. +14 deaths. +451 healed. 12398 active.

https://armenpress.am/arm/news/1039503.html

COVID hotline

Healthcare Ministry has a new "Coronavirus Hotline" number you can call if you've been diagnozed with COVID and need assistance.

https://armenpress.am/arm/news/1039450.html

HimnaDram.org entertains hundreds of children

The All Armenia Fund has transported 600 Artsakh children and their parents, residing in various provinces of Armenia, to watch performances in Yerevan's Tumanyan Puppet theater. Santa, Dzyunanush, and the Elves surprised the children with gifts in the end. The Foundation will help thousands of children by the end of January.

https://armenpress.am/arm/news/1039451.html

daily եռուզեռ in Stepanakert's main market

It's bustling again after a temporary pause during the war:

https://youtu.be/gKMSE9Xf2bs?t=5

donations for Artsakh & recovering soldiers

www.1000plus.am (recovering soldiers & their families)

www.HimnaDram.org (for Artsakh & Armenia)

www.ArmeniaFund.org (U.S. tax-deductible)

archive of older posts

Armeniapedia's archive of my daily news threads:

http://www.armeniapedia.org/wiki/Daily_Anti-Corruption_Reports

disclaimer

All the accused are considered innocent unless proven guilty in the court of law, even if they "sound" guilty.

🚀💎🙌 GME (Almost-)ULTIMATE DD 🙌💎🚀

Introduction

PDF VERSION HERE (20+ pages) with all the references and better quality illustrations but without updates tho*. This is the FIRST VERSION of the post, there could be many updates. However if there is too many stuff were to change I would then just make another post.*

FIRST AND FOREMOST, SHOUTOUT TO 🚀💎🙌 GME GANG 💎🙌 🚀, YOU’RE IN MY ❤️.

I wanted to do a more extensive DD but as my exams start tomorrow I don’t have more time. If you want to take my work and extend it, please feel free to do so, just give a little shout out.

This DD is just my own analysis. I put my money where my mouth is but this is definitely not advice.

Last thing: While it’s not impossible that I might have missed some stuff, most of the time I put the stuff that I quote from other sources in italics. My ego is not big enough to feel like reformulating other people’s ideas and even less to steal other people's ideas. All I do is just gather insightful facts, figures, ideas and analysis.

Big picture

1.1 Macroeconomic View

I will be brief here, I think everyone knows what’s up basically.

Figure 1: although the USD is worth a lot less, the S&P 500 is doing alright. Thanks Jerome.

Enthusiasm is the key word here as we are in an environment with a very accommodative monetary and fiscal policy (thanks for the stimulus checks). Equities and Bitcoin hit record highs thanks to positive vaccine news and the markets hope for a fiscal package. The Federal Reserve is going heavy on asset purchases, bailouts and loans. And its balance sheet is expanding as well as money supply. Interest rates are extremely low.

Check for example, the Shiller PE ratio to see the enthusiasm driving the markets.

On a macro-level side from the risks related to the pandemic, the only worrying signs would be the shrinking money velocity or a suddenly-rising inflation (hyperinflation is bullish for stocks but not for the real economy)

That being said, we know how the FED and the government reacted to support the economy and the markets. Low interest rates and weak US dollar which is continuing to depreciate is very bullish for stocks overall.

I keep the macroeconomic view very short for that GME correlation with the S&P 500 is low - about 28% over the last 6 months. Moreover despite GME’s heavy reliance on brick-and-mortar stores, GME continues to get closer to profitability even with the pandemic.

1.2 Sector(s) View

Figure 4: Video game market value worldwide from 2012 to 2023 (in billion USD)

Figure 5: Retail ecommerce sales in the United States from 2017 to 2024 (in million USD)

Video game market and ecommerce TAMs keep growing, that's all we need to know on a macro-level. Now, the real question is not about the market itself but about the business model.

GameStop Corp.

• Market cap $1.31B
• 1-year performance 209.87%
• Shares outstanding 69.75M
• Short interest 68.13M (97.68% of the outstanding shares)
• Held by insiders Between 13.6% to 27.3%
• Held by institutions Between 110.5% to 122.0%
• Owned by Ryan Cohen 12.9%
• Owned by BlackRock 17.1%

2.2 Timeline

​

Table 1: GameStop timeline.

Short-term the sector is pretty hot with quarantines and the launch of next-generation consoles which will impact positively year-on-year sales growth. The pandemic could have been an opportunity but GME has still too many physical stores and not enough ecommerce presence yet to take advantage of it.

For the next earning release, the question is : how much PS5 and Xbox GameStop was able to get? And how much they sold in bundles (at high margins)?

Although it’s still unclear from what I’ve found it’s pretty bullish:

GameStop Corp. employees across the country were caught by surprise on Saturday when the video-game chain suddenly announced new shipments of the highly coveted PlayStation 5 and Xbox Series X consoles - bloomberg.com/news/articles/2020-12-14/gamestop-employees-rattled-by-surprise-shipment-of-ps4-xbox

inverse.com/gaming/xbox-series-x-restock-walmart-target-gamestop-january-2021

https://preview.redd.it/h8lt7bwhd6961.png?width=774&format=png&auto=webp&s=e29536613629d3d86bce03bc9e4a89a4e983c337

Figure 6 : https://trends.google.com/trends/explore?date=today%205-y&geo=US&q=gamestop

The recent Microsoft deal is extremely bullish for GameStop and could help the company to reach profitability sooner than expected. Here are the details about how it could impact GameStop’s profitability:

• In years 3 and 4 combined, if just 5 million customers extend the subscription for two years, GameStop makes $180 million in incremental profit with zero cost involved. That's nearly a quarter of GameStop's current market cap in recurring income at 100% margin. - Justin Dopierala, “GameStop Revenue Sharing Agreement With Microsoft Shifts Sentiment.” SeekingAlpha.

2.2 Business Model and Management

• Gamestop is omnichanneling into online activities according to Ryan Cohen recommendations although it doesn’t mean they will execute it perfectly this is bullish.
  • “GameStop needs to evolve into a technology company that delights gamers and delivers exceptional digital experiences – not remain a video game retailer that overprioritizes its brick-and-mortar footprint and stumbles around the online ecosystem.” Ryan Cohen.

Table 2: GameStop is dangerously (for the shorts) getting close to profitability.

• The company attributes the losses this quarter to the end of the console cycle and the limited hardware and accessory availability that came with that, as well as various game delays, and an 11% reduction in its store base - partially offset by recaptured sales at other locations and online. → The company should be profitable very soon despite being priced for bankruptcy for a long time → Expectations are incrediblly low until recently, more investors are believing in the vision esp. with Ryan Cohen.
• GME e-commerce sales were up 257% year-over-year.
• GME reduced its selling, general, and administrative expenses by $115 million.
• GME repaid $10 million in debt in Q3 2020.
• GME is diversifying sales to include more high margin items like PC accessories, PC monitors, etc (If I speculate, there may be partnerships with certain brands).
• Focusing on loyalty programs like power ups and rebranding.
• As of Feb. 2020, GameStop had 5,509 physical stores.
• GME is closing unprofitable locations: they are closing 1,000 stores in Q1 2021 (by the end of March of 2021).
  • I’d like to quote a fellow GME gang member on this: It's no secret that brick and mortar is falling off, and if GameStop were to fight tooth and nail to remain a largely brick and mortar retailer they would go bankrupt in no time. It is also a fact that underperforming stores drain cash, which lowers net income and thus lowers earnings per share. Any store that is LOSING MONEY or is barely breaking even is keeping the stock price down because it's preventing future growth and killing net incomes. Closing underperforming stores will lead to a higher EPS and more cash that can be allocated to growth. - horny131313.
• Gamestop is rebranding, and shifting to becoming the one stop video game and video game related product online retailer. While we haven't seen exactly what this will be, it is bullish to see them pivoting into other products besides just video games. Headsets, TVS, PC parts, you name it. You've seen the omnichannel memes, but we know that If they are bullshitting, Cohen will step in. Expect to see real progress made.

Some words from the last earnings:

• "We anticipate, for the first time in many quarters, that the fourth quarter will include positive year-on-year sales growth and profitability*, reflecting the introduction of* new gaming consoles*, our* elevated omni-channel capabilities and continued benefits from our cost and efficiency initiatives*, even with the potential further negative impacts on our operations due to the global COVID-19 pandemic.*" George Sherman, CEO.

Possible catalysts (from KYJELLYTIME69):

• A possible new Nintendo console release in ~1-2 years
• Currently distressed commercial REITs = ability to negotiate lower rent = more $$$
• Likely return of inflation (debatable but money supply ballooned and we are seeing velocity pick up a bit) with JPOW promising to keep rates at 0% even when inflation comes back = bullish for all stocks, bears will get slaughtered
• OG printer Yellen manning the treasury in a month + possible dem senate = more stimmy checks = more money going into GME
• If sales improve and balance sheets continue improve, we might see more credit upgrades
• Better sales = possible dividend reinstatement, I couldn't care less about dividends but guess who's going to be paying? The shorts lol. If Sherman had balls, he would pull an OSTK and announce a special dividend , which will actually lead to a short squeeze while wsb laughs collectively as we get meme returns from this boomer move.

2.3 The Short-Squeeze Thesis

​

Figure 6: Stare statistics from Oct. 2019 to Nov. 2020

In terms of metrics, the DTC (days-to-cover) actually decreases, lowering the probability to get a short-squeeze short-term. Don’t get me wrong, this DOESN’T mean that it can’t happen, the % of shares shorted is still crazy high.

Days to cover: It gives investors an idea of potential future buying pressure. In the event of a rally in the stock, short sellers must buy back shares on the open market to close out their positions. Understandably, they will seek to purchase the shares back for the lowest price possible, and this urgency to get out of their positions could translate into sharp moves higher. The longer the buyback process takes, as referenced by the 'days to cover' metric, the longer the price rally may continue based solely on the need of short sellers to close their positions. Additionally, a high 'days to cover' ratio can often signal a potential short squeeze. This information can benefit a trader looking to make a quick profit by buying that company's shares ahead of the anticipated event actually coming to fruition. (Investopedia).

In terms of corporate actions, here is a quote from September mentioning the hostile takeover from Ryan which would trigger a massive short-squeeze, here is the explanation:

Short Squeeze Potential - We cannot allow ourselves to disappoint the short sellers and bears by failing to mention the short squeeze opportunity. If Ryan Cohen successfully negotiates a purchase price with the Board then the shareholders will have to vote on it. Unlike the proxy battle where Hestia and Permit were running a minority slate of directors, an offer to purchase GameStop would force institutions like Vanguard and Blackrock to call in their shares. By doing so, the shorts would be forced to close out their positions and GameStop would finally have the greatest short squeeze of all-time. Ironically, Cohen could use this opportunity to sell all of his shares and use the proceeds to entirely fund the acquisition of GameStop going down as the first person in history to acquire a billion dollar company... for absolutely nothing. In fact, his acquisition price would be less than zero. It will be exciting to see how it all plays out as according to Bloomberg/WSJ there are now 58 million shares short as of 8/31/2020 with only 65 million shares outstanding.

If I were short, I'd be sweating bullets right now. This won't end well and will ruin many.

Justin Dopierala is President and Founder of DOMO Capital.

How to know when the potential short-squeeze could happen?

• Massive volume in short dated calls. [...] If you have shares, DO NOT SELL COVERED CALLS FROM THEM. by doing this you make the likelihood of a squeeze decrease. - horny131313
• unwind their short position with some behind closed doors deal. A scenario like this could include: Melvin offering shares of other stocks at discounted prices in exchange for GME shares or to unload a portion of their short shares. The second party to this deal could also offer to buy GME shares for higher than market prices - horny131313

If you want to do a further analysis on short-metrics I put some additional figures - you might find some kind of pattern idk.

Figure 7: Stare statistics of November 2020

Figure 8: Share statistics of December 2020

Figure 9: Available shares to short vs. fees in %.

2.4 Is GME Manipulated?

Maybe.

​

I know there is actually a prob. with the % daily returns (it isn't equal to 100% BUT the proportions still hold true on a non 100 point basis). The main point is that: negative daily returns were much higher than positive ones.

If you are familiar with the stock market, you might have noticed that winners do not act like this usually: total return was +21% yet there has been 53.3% red days. If you look at regular stocks which have positive cumulative returns it doesn’t happen that often (outliers aside).

This is why I suspect that the stock is being manipulated but the weird stats might be explained just because the stock kept being shorted although it was not enough to keep the price down.

Another opinion on this:

• Melvin and BoA both have short positions, and are desperately trying to drive the price down. Unfortunately, it is getting harder and harder to convince people that gamestop is a failing business. They are sweating and will continue to sweat. Given the buy side volume, they could close these short positions gradually without triggering a massive squeeze, however it WILL drive the price up significantly higher than it is now. - horny131313.

2.5 What 2020 Has Taught Us?

I think at this point it is the wrong question to ask (is the stock being manipulated?). To me, the most important thing is what is the upside potential? How to trade GME?

• If you're new to gamestop, the volatility will seem scary but the shorts fight hard with this one. -10% days followed by +20% days are not unusual. - horny131313

I would like to elaborate on this very idea. For this, check GME statistics for 2020:

https://preview.redd.it/t05xum2zc6961.png?width=764&format=png&auto=webp&s=b2e092560bba3b3091a6fe8bf0bceea2ce7b9f5c

https://preview.redd.it/odbxo3sxc6961.png?width=772&format=png&auto=webp&s=7897f1dac841aa381b916046c3652e2d2c4ece68

• Whether the stock is manipulated or not, MOST of the 2020 trading days were negative.
• The worst daily returns were hard to handle honestly we are talking multiple worst than 14% daily drawdowns.
• You could more than triple your money WITHOUT LEVERAGE.
• Let’s say you bought late Apr. and sold late Aug. you could have been at -13% returns and +31% the next week if you had diamond hands. For the real diamond hands you had +147% returns the next 2 months.

Psychologically this was a hard trade for sure. But for those who had diamond hands, it was pretty amazing. If you don’t feel comfortable being at -20% or even -30% returns for months before the stock literally BLOWS UP… Reduce your position and diamond hand with a smaller size. Better to win with less than lose with a lot…

TLTR: DIAMOND-HAND THIS OR DON’T TRADE THIS AT ALL.

Risks

3.1 Upside Risks

• RC Ventures LLC increases its stake.
  • It could be VERY soon. On the 31 December 2020, someone bought 900K shares, it could be Ryan Cohen given the size of its last purchases:

Figure 10: Last RC Ventures LLC GME Purchases.

Figure 10: Last RC Ventures LLC GME Purchases.

Figure 11: I am NOT saying it is Ryan… But check who tweeted this on the EXACT SAME DATE as the 900K shares purchase?

• This is very bullish because after the disclosure of additional buying from Cohen last time, even though it strangely took 1 full trading day for the market to pop up, GME shot up 29%.
• Surprise investors with their holiday sales and/or EPS.
  • It is likely that GME will more than likely beat earnings next quarter. I won't go into much detail into this because it is not my expertise, however u/Uberkikz11 has done some amazing DD and has been doing so for a long time. This guy literally goes into GameStop stores to get his information. Read this: https://www.reddit.com/r/wallstreetbets/comments/kh9na8/gme_4q20_financial_model/ - horny131313
• RC Ventures LLC gets more than one seat on the board.
• RC Ventures LLC begins a hostile takeover.
  • On top of its increasing stake, Ryan is supported by both a lot of small and now large investors too.
  • Moreover “there is a decent amount of evidence that Ryan Cohen spent the summer of 2020 hiring a badass lawyer and crafting a pretty solid plan to wrest control of a struggling Mall-based gaming retailer from its out of touch Boomer Board and CEO so he can turn it into an ecommerce juggernaut like his baby Chewy. the attorney listed on each of the 13Ds filed by RC Ventures. [...] Chris Davis, Activist Attorney Extraordinaire and His Successful Use of the Consent Solicitation to Remove Dipshit Boards/CEOs” - CPTHubbard.
• Moody's Upgrades GameStop's credit rating a second time in a row
  • Hoping for a PR soon confirming the recent redemption of the 2021 notes. Potential credit upgrade from Moodys could come now that GME has officially redeemed 63% of their 2021 notes. If we don't get that now, we should get it in March when the entirety of the 2021 notes are retired. Debt considered investment grade and not junk is a big positive and one most overlook. - Stonksflyingup
• Short sellers close a part of their position huge short position.
• Dividend reintroduction.

3.2 Downside Risks

• New short sellers open a position and current ones scale up theirs.
• Momentum towards profitability dies out and the company goes bankrupt.
  • Honestly if you read this far you know this is extremely unlikely.
• Share dilution.

3.3 Overview

​

Table 6: Upside risks

Table 7: Downside risks

3.4 Commentary

Figure 12: GME is one of or even THE most shorted stock for its valuation (in terms of % short interest).

This means two things:

• It is very unlikely for the shorts to continue to short the company especially when its credit rating is being upgraded - we will see if it keeps getting upgraded or not in March.
• If the shorts get to short it more (or new short sellers open a position) it will:
  • Drive the stock price down (lower market cap), drive the short ratio higher making the unwinding of the short sellers even harder and as a result making the probability to have a short-squeeze VERY BIG if good events happen moving forward.
  • Push Ryan Cohen to accelerate its plans.
    • I will personally increase my share-position if it happens.

Conclusion

4.1 Prices Targets

Here is a summary of my post:

When the short % of free float went from a high point (~160%) at around February 2020 to a low point (~140%) - which by the way are in absolute terms both huge numbers- the stock went up ~94% BUT most of the gain took place at 2 key moments: at the recovery of the market crash and then in late August which shows that 💎🙌-ing is key to capture most of the gains.

Figure 13: GME returns from 3 Feb. 2020 to 1 Sept. 2020

Why do I say this? Because when holding the stock you could “feel” like you bled when you watch the stats:

Positive daily returns: 49.3%

Negative daily returns: 50.7%

But IT WAS IN FACT THE SHORT SELLERS WHO BLED HARD:

Best daily return: 23.0 %

Worst daily return: -13.7 %

Imagine you sold GME when the -13.7% happened. You would not have captured the 94% returns. So just 💎🙌 and let those shorts go bankrupt.

Table 8: PTs.

4.2 Valuations

“r/Wallstreetbets - GME 4Q20 Financial Model 🚀 🚀 🚀.” Reddit, www.reddit.com/r/wallstreetbets/comments/kh9na8/gme_4q20_financial_model/.

“GameStop Rips Higher as Hedgeye Pitches the Long Side of the Trade.” SeekingAlpha, 23 Dec. 2020, seekingalpha.com/news/3647009-gamestop-rips-higher-hedgeye-pitches-long-side-of-trade.

Thanks for reading.

4.4 Letter to the GME Gang

💎🙌 🚀

BIG SHOUT OUT TO THE ALL THE MEMBERS OF THE GME GANG.

I WILL MAKE MORE DDs IN THE FUTURE IF YOU LIKE THIS ONE.

I AM NOT DELUSIONAL OR COMPLETELY DUMB I KNOW THE TRADE IS RISKY BUT IF WE ARE RIGHT, WE WILL MOON THAT IS FOR SURE.

LET’S MAKE HISTORY WITH THIS ONE.

GME GANG 4 LIFE.

Sincerely yours,

ShortTheNasdaq, a proud member of the GME gang.

💎🙌 🚀

PDF VERSION HERE (20+ pages) without the corrections and updates but with ALL the references if you want to work from this post or dive deeper on certain points.

Bitcoin blasts above $30,000

Bitcoin blasts above $30,000 for the first time ever! Did you know in the US., cryptocurrencies such as Bitcoin are treated as property for tax purposes. In the US, in addition to buying, selling, and trading cryptocurrency, if you earn cryptocurrencies whether through mining, a job, airdrop, staking, or interest from lending you are liable for income taxes on the USD value of your crypto earnings. Whenever you cause a taxable event in your crypto portfolio activity you create a tax filing reporting requirement.

Bitcoin isn't made by sentient AI, bitcoin IS a sentient AI.

Here's a random late night conspiracy theory

Bitcoin isn't just a floating currency that doesn't have an owner.

It's an experimental self-building AI. First of it was gather intelligence through the use of collecting market data based on current events as observed through the internet and people's own investments in it. And everybody buys into it without knowing.

Every Bitcoin trade is public, just like everybody who buys Bitcoin. Based on the type of people who buy bitcoin, when people buy bitcoin, the type of political climate that occurs when bitcoins value rises, and the type things that happen when it's value lowers, it's highs and lows and relation to any given stock value, or the value of stock markets collectively for a given region or country, it learns.

think about it, do we actually know anything about bitcoin, besides one Bitcoin is a string of complex codes and mathematical equations that are bought and sold, divided into infinitely many fractions, and passed from person to person individually before being split further, strung down even more web works, and eventually combining back together, every tiny little string of it gathering data as it goes.

Bitcoin May one day evolve into a floating artificial intelligence uncontrolled by humans and independent, acting of its own accord. it could be the great-grandfather of the theoretically possible floating AIs of cyberpunk 2077.

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Bitcoin will go to Zero.

Bitcoin is worth $33,020.79 and has a marketcap of $608,652,836,598 at the time of this posting.

but we measure its value in USD.

In USA places like coinbase are licnesed to let you give them USD, and for them to give you bitcoin. This is heavily regulated.

The moment the federal government has a reason to not like bitcoin, that transaction will be illegal.

SWIFT will be weaponized against international actors.

G7 nations will coordinate this fiat conversion ban.

What I cant tell you is

• How high BTC will get before this event happens
• What the exact reasons will be for the fiat ban conversion

What I can tell you is

• Crypto technology is the future, not the currency.
• I still have a couple hundred BTC.... will sell 50% soon, and the next 50% @ $60k
• If the attack I predict happens, swedish krona is the currency to have to buy BTC. I believe BTC will fall under $1k in a coordinate fiat ban and the Swedish Krona will be the best currency to use to get in on the action.

PSA regarding the BitcoinBCH.com Flipstarter for Bitcoin Cash Adoption and Promotional Videos

Hi guys, I hope you all had an enjoyable holiday period with family and friends. We as a community need to come back refreshed and focused to ensure that we make 2021 the year of Bitcoin Cash. Despite the continued rise of BTC, it's an open secret that this is only sustained by the Tether fraud and people are turning a blind eye to it because it's pumping their bags. This will not last forever. Bitcoin Cash (BCH) is destined to become P2P electronic cash for the world and things are looking up with a plethora of new tools/services built on BCH. There's AnyHedge, DeToken, Noise.Cash, Emergent Coding and new Bitcoin.com wallet features, just to name a few. The rising economic activity on our blockchain, spurred by these innovations, will make our grand vision a reality.

Toward the end of November I launched a Flipstarter campaign with a target of 350 BCH to continue spearheading adoption and Bitcoin Cash promotional efforts. Unfortunately, it expired on January 1st just shy of 40% completion. It was an ambitious target to be met during the holiday period, which is the busiest time of the year for many. I would like to thank all those who pledged to the campaign. If you pledged, you will have to go into Electron Cash or Causes.Cash in order to reclaim the BCH which you pledged to the campaign. While it failed, I nave been humbled by the generosity of members of the BCH community and their support for what I do. This was the 2nd attempt at a Flipstarter and cumulatively over 480 BCH was pledged toward my campaigns, but they never paid out due to the inherent limitations of Flipstarter. Despite its flaws, Flipstarter is a great tool which has made it easy for the average user to fundraise with Bitcoin Cash. It has also has resulted in the successful funding of many projects - particularly those which are smaller in scale. I would like to thank the Flipstarter developers for their tireless efforts to establish the Flipstarter platform in 2020.

Even though my Flipstarter failed, the community can rest assured that I remain committed to Bitcoin Cash (BCH). I will continue to create the best Bitcoin Cash content on my YouTube channel and I will continue to grow adoption. I've decided to take a new approach toward fundraising in order to sustain these efforts, by carrying over the Flipstarter campaign to my own infrastructure at https://bitcoinbch.com/donate. With this bespoke infrastructure, we are not limited by campaign expiration or fundraising targets. The intent is that this campaign will now run indefinitely and users can donate throughout the year as we deliver on commitments. The target does not need to be met in order to receive funds and work can begin as soon as early contributors make a donation. I am to produce content that that includes BCH educational videos, BCH merchant interviews and showcases, BCH adoption campaigns and giveaways, BCH advertisements, BCH events and promotion of useful products/services in the BCH ecosystem. We have already produced plenty of content like this in recent times and now aim to increase the frequency and scale with community support.

I encourage all those who pledged to the failed Flipstarter to recontribute on the new donation page. Your support will enable the commencement of work on major adoption/promotional projects. Did I mention the hurdles associated with pledging to Flipstarters no longer exists on my site? Here's how easy it is with the Bitcoin(.)com wallet. I have taken into account the recent BCH price increase and reduced the fundraising target from 350 BCH to 300 BCH. Once again I would like to thank members of the community for their support. I will be getting back to work this week and I look forward to continuing to serve the community this year. Bitcoin Cash has a bright future ahead!

For people parroting "Tulip Mania"

There’s a huge amount of disinformation about Dutch Tulip Mania that has separated the actual events from the cautionary tale of speculative frenzy, mostly disseminated by the 1841 book, Extraordinary Popular Delusions and the Madness of Crowds. Let me address a few of them:

The tulip flowers weren’t really part of the frenzy, though they were relatively new to Europe and fashionable, they didn’t spike in price the same way. It was the bulbs, the source of the flowers that bubbled. And the tulips bulbs being traded were not for ordinary garden flowers. They weren’t a commodity item. They were “flaming” hybrids, genetic mutations that carried specific bright patterns. These mutations would not transfer to seeds so they could only be cloned from an existing bulb, a somewhat risky and uncertain process that takes time to regrow the bulb. This limited the growth rate to roughly doubling the supply once per year. Owning one of these rare bulbs meant owning a portion of the total production of that particular flower. Owning all of the bulbs for a specific flower meant cornering the supply completely

The mania only lasted a few months, from around September 1636 to February 1637. The bulbs are planted in the ground in the autumn, so there was no time for the supply to expand and the physical bulbs didn’t even move at all, just paper contracts.

The number of people and money involved wasn’t that big. It started with hobbyists and collectors making verbal deals and grew from there to a market of a few hundred traders. At its peak it involved maybe low thousands of traders and people hoping to get in on the fun meeting in taverns across 4 or 5 cities and a few smaller towns. Meanwhile the Dutch East India company was the biggest commercial enterprise in the world, bringing home massive profits along with other Dutch merchants. Wealth was pouring into the nation. Investing in shared ownership of these companies was a pretty new idea and was restricted to the merchant class, so ordinary people with extra money were on the sidelines and searching for a way to join the action. The plague was also decimating the population which may have given a fatalistic carelessness to the amount of wealth at play. Tulips were just a sideshow, a fun bar room gambling game to many of the wealthier participants.

Tulip bulbs and money never changed hands at the peak prices quoted in literature (ie one house for a single bulb). What was being traded in the bars were futures contracts because the actual bulbs were in the ground still. New legislation enacted in February allowed buyers to escape their bar room deals for a nominal penalty. This basically converted all of the contracts written since November 1636 into option contracts. It’s believed that a lot of traders already knew this was coming so they purposely bid up contracts to flip them knowing that they could get out legally if they didn’t find a buyer. The price crashed very soon after the new legislation came into effect. There are no available records of anyone being left broke or destitute or commuting suicide in the wake of the crash.

P.s. This is a work from fellow redditor and for the love of god I am not finding his comment.Edit : Found the original comment , thank to u/isthatrhetorical
https://np.reddit.com/r/investing/comments/kf2221/is_bitcoin_a_tulip/gg6f1bf?utm_source=share&utm_medium=web2x&context=3

Bitcoin makes riches richer, TAU wants to give everyone digital coins access for free on phone

This week is remarkable in terms of the crypto asset up-rising. Certainly, TAU Cambridge, our dev entity, is benefited tremendously for financing project development. It seems that we will never run out of funding if this trend continues, even at 10% of the current rally. However, the people benefitted are still those with fiat money, who bought bitcoin and eth. For massive population struggling in daily life, they have no access to such valuable asset. This makes mobile mining coin TAU and its community coins very important to commoners. With TAU tech, a high school girl can create own digital coins and circulate them among friends and accumulate value. Bitcoin, Eth, DOT and EOS will never be able to support this. I personally do not like wealthy effect created by bitcoins, but it is truly a good educational event. By end of the day, we just have to believe crypto assets will change the world. Bitcoin, ethereum, TAU...

I just sold

I'm up more than 110x so I just sold a chunk and used it to pay off my mortgage. I now own 100% of my own apartment and am completely debt free, thanks to a rather small bitcoin investment 7 years ago. Even if Bitcoin were to crash down to zero, my life is going to be so much easier now that I essentially have more money every month. This is a life changing event for me.

Bitcoin genesis timeline

Today, the 3rd of January, is the date to which bitcoin's genesis block (block 0) was timestamped. Many people aren't aware about the actual timeline of the events leading up to and following the genesis block, so here is a brief overview to honour the date.

Bitcoin genesis timeline:

White paper release: 31 October 2008 - Satoshi posts the Bitcoin white paper on the cypherpunks mailinglist. This leads to a lively discussion with many people being sceptical if the thing can actually work.

Genesis block timestamp: 03 January 2009, 18:15 UTC

First software release: 08 Jan 2009, 19:27 UTC - fun fact, this first version of the bitcoin software wasn't mining until at least another peer was connected to it (an indicator that Satoshi wasn't trying to mine on his own)

First block mined: 09 Jan 2009, 02:54 UTC (8 hours after the software release) - another indicator that Satoshi didn't simply mine for his own benefit, he waited for other people to join first

The Fear and Greed Index

In spite of the fact that financial specialists utilize an assortment of pointers and different types of examinations to attempt to time BTC's value variances, the BTC fear and greed index, modeled on famous CNNMoney's fear and greed index for stocks, has filled in ubiquity as an approach to gauge Bitcoin - crypto markets . Most financial specialists feel left in obscurity with regards to understanding if the cost of Bitcoin will go up or down throughout the next few days, weeks, and months. While it's difficult to know at certain what the coming cost developments will be in the close to term, and contributing with a drawn out outlook is in every case best, there are devices you can use to help you settle on more educated choices.

Since the Digital Asset market is incompletely determined by feeling (known as market estimation), individuals will in general be substantially more greedy before costs right and considerably more fearful when costs will undoubtedly rise. This is essentially human brain science and is the reason being a "broker" is frequently extraordinarily hard for most.The crypto greed and fear index is a fundamental method of estimating if the market is "overbought" or "oversold". On the off chance that the market is overbought and conceivably prepared for a correction or sellout , the index will show that the market is Greedy. In the event that the market is oversold and conceivably introducing a purchasing opportunity, the index will show that the market is Fearful. This index is well known in both the stock and crypto markets in light of the fact that in the two business sectors, speculators are enthusiastic, which can show in resource costs.

​

https://preview.redd.it/0cfjtobij3961.jpg?width=640&format=pjpg&auto=webp&s=e08f1ceae9f4db9dfe12737b628f4420d9f45e78

How is it estimated ?

Volume

Volume is an estimation of how much aggregate sum of cash has been exchanged as of late, or how how frequently Bitcoins are being purchased - sold available. On the off chance that there is next to no exchanging activity, the volume is low. On the off chance that there is loads of exchanging activity, the volume is high. Ordinarily if the cost is going up on high volume, this can be an indication of greed beginning to show its face.

Media

Twitter is utilized to quantify how regularly Bitcoin is being referenced and how much commitment those tweets are getting. Generally, the more dynamic and occupied twitter is, the almost certain it is that greedy conduct is happening.

Volatility

Volatility is an estimation of how much ongoing development there has been on the lookout, either up or down. On the off chance that Bitcoin has been similar cost throughout the previous few weeks, instability is low. On the off chance that Bitcoin has gone up or down in cost habitually throughout the most recent couple of weeks, instability is high. In the event that Bitcoin has had low volatility as of late however observes an abrupt spike throughout the next few days or weeks, that could imply that the market is grasped by fear.

Trends

Google Trends information is utilized to discover the number of individuals are looking through the expression "Bitcoin". In the event that these inquiry patterns are developing quickly, it's regularly a sign that the market is getting progressively greedy.

Dominance

Bitcoin dominance is an incredible measurement to utilize when checking whether the market is fearful or greedy. At the point when Bitcoin is picking up on predominance and alts are not proceeding as great, that is generally an indication of fear in the market as Bitcoin is viewed as more secure. At the point when Altcoins are altogether outflanking Bitcoin, this can be because of hypothesis and an indication of an undeniably greedy market.

Exchanging any resource, not to mention a profoundly unstable and theoretical resource like Bitcoin is high danger. Try not to utilize this as exchanging counsel, however just as instructive information to help you settle on more educated choices.