Saturday, January 15, 2022

Bitcoin hashrate hits all-time high and other news

We keep you updated with the latest news๐Ÿง‘๐Ÿผ‍๐Ÿ’ป

Bitcoin hashrate hits all-time high

On January 14, the indicator exceeded 215 Eh/s (exahash). The hashrate of the first cryptocurrency has recovered sharply after falling to 170 Eh / s last week

The blog has already published an article with the main events of the week

(reading time 2 min.)๐Ÿ‘‡๐Ÿป

https://blog.mytrades.link/2022/01/15/bitcoin-hashrate-hits-all-time-high-and-other-news

https://preview.redd.it/vj1rj90adwb81.png?width=1170&format=png&auto=webp&s=fbb4fd7c15e8f67a2a29df9c4a8fed7e82844cbd


Guess I missed the Public Service Announcement that broadcasted,"Hey Crypto Loser Go over to WSS and Troll before your morning "4S" Ritual - Shitting, Showering, Shaving & Stroking it"

WARNING Crypto Troll -Before chiming in with your ignorant viewpoints at least scan the post first so you don't further embarrass yourself with baseless "opinions"

Why are Bitcoin and the 14,000 other tokens worth zero.

https://www.cnbc.com/2021/08/11/cryptocurrency-theft-hackers-steal-600-million-in-poly-network-hack.html

  • Similarly, when lights go off and they will everywhere during energy crisis your so called wallet disappears, most likely foreverhttps://www.wired.com/story/kazakhstan-cryptocurrency-mining-unrest-energy/
  • During war like we are seeing everywhere (CovidWar, Ukraine, soon Taiwan, Palestine/Israel 50 year war, Afghanistan, tribal regions in Africa, ) Remember, when all else fails they send you to war. This is how the ruling class profits. When politicians need distractions because their approval rating is sinking the war profiteers & politicians invent wars. During wars the power grid gets hacked and your wallet stored on phones and computers (The stupidest idea ever) vanisheshttps://www.nytimes.com/2021/12/20/us/politics/russia-ukraine-cyberattacks.html
  • Can't buy a house with BTC
  • Can't pay for college with crypto
  • Can't buy a beer with crypto
  • Can't fuck a whore with crypto
  • Can't buy a gun with crypto
  • Crypto losers also troll this site solely to downvote. They are running scared and defensive as BTC will drop to 17,000 (source below)
  • We're seeing a massive deleveraging event and BTC is tethered to the Nasdaq which is a big loser. Nasdaq has little value once you take out Apple, Tesla, Microsoft, Apple and Amazon. For all these fucking idiots that think a currency should be pegged to corporations where is the brain in your skull? You call that decentralized. I call that the true definition of fascism.
  • Look up the definition of fascism or I will just school you now. WHEN CORPORATE INTERESTS ALIGN WITH GOVERNMENT INTERESTS YOU HAVE ENTERED A FASCIST STATE-This is a tough love post. All you have to do to enter the enemy zone into the ally zone is sell your BTC at 43,000, you got in at 10,000 right? Rotate the proceeds into real money. I'd choose silver over gold because the Gold to silver ratio will return to the 12-1 based on the fact that it is almost impossible to get silver out of the ground right now and silver is money as well as the dozens of industrial uses. (EVs, Solar panels, laptops, desktops, mobile phones, high tech hospital equipment, aerospace, electronics et al) I love the irony that the very tools of crypto (people using computers to so call "mine" are the very same instruments dependent on silver)
  • Crypto tools, losers & retards do the right thing. I've opened the floodgates for all your hate and I'm ready to smack you down like the fucking scum of the earth that you are. Your business acumen sucks, your money model sucks, your theories on currency suck and you are just tools for a centralized entity to track your every move.
  • Crypto is just the big simulation for the rollout or Central Bank Digital Currency experiment and you fell right into the big lie, the big trap
  • Your opinion is worth the same as your currency - ZERO
  • Comments are disabled from this post

in 60 days BTC falls from 70,000 to 43,000, a 41% Drop

Watch Gareth Soloway predict 17,000 BTC which will be a drop of 77% SOURCE - https://youtu.be/fyKkjhpXiE0 listen at 17 minute mark, in this same video Gold goes to $3000. Also Gareth is pro crypto and has a service for crypto investorsSOURCE - https://verifiedinvestingcrypto.com/


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List of Today's and Tomorrow's Upcoming Events

I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention /u/houseme in the comments. We will make improvements based on your feedback.

 

https://kryptocal.com | /r/kryptocal | Android | iOS | Telegram Interactive Bot (add cryptocalapp_bot) | Telegram Channel @kryptocal

 

ADD AN EVENT

If you like an event to be added, click Submit Event, and we will do the rest.

 

NEXT DAY UPCOMING EVENTS


 

Air Drops

Stellar(XLM) AQUA Airdrop #2 Snapshot January 15, 2022

 

Software/Platforms

Sparkpoint(SRK) SparkPoint Wallet Update January 15, 2022

 

Exchanges

Sologenic(SOLO) Gate.io Listing January 15, 2022
Tapmydata(TAP) Coinstore Listing January 15, 2022

 

General

The Sandbox(SAND) Dungeon Quest NFTs January 15, 2022
PlotX(PLOT) Jan Bash: Offers & Update January 15, 2022
Seedify.fund(SFUND) Space Misfits IGO January 15, 2022
Kommunitas(KOM) Creo Engine IKO January 15, 2022
Shiden Network(SDN) Crowdcast AMA w/ Astar January 15, 2022
Ulti Arena(ULTI) Ultimate Battle Arena January 15, 2022
Ulti Arena(ULTI) Ultimate Battle Arena January 15, 2022
Portuma(POR) Test Environment January 15, 2022
Metagalaxy Land(MEGALAND) AMA January 15, 2022
Sidus(SIDUS) Spaceship Shuttles Info January 15, 2022
A4 Finance(A4) Staking Launch January 15, 2022
Sherpa(SHERPA) SherpaX Mainnet Launch January 15, 2022
XCAD Network(XCAD) XCAD DEX Stage 2 January 16, 2022
ForthBox(FBX) New NFT Game Launch (P2E) January 16, 2022
Hanzo Inu(HNZO) NFT Public Sale January 16, 2022

 

Partnerships

Ari10(ARI10) Partnership with RoboHero January 15, 2022

 

Blockchains

Bitcoin SV(BSV) Shanghai Blockchain Conf January 16, 2022

 

 


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Hello Reptime,

I'm steve from Theonewatches and I'm glad we recently joined the RepTime family, many of our members don't know us very well so I thought I'd introduce myself through this post!

We have been doing watch business for more than 10 years (including China), we have the first view of the entire Guangzhou watch market and can be the first one to know the dynamics of the Guangzhou watch market, and have a good relationship with major factories, such as: VSF, Clean, ORF, etc. ....

I'll be joining you all here to share the latest news on the watches and my thoughts on these models/representatives

We are also been a trusted dealer on RWI and RWG for many years, and we have always been honest and respectful to our forum members. I feel active and passionate about my friends on Reptime, and I hope to get along well with you all here and do my best to help you~!

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So we want to do some activities to give back to you

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  1. UPVOTE this post
  2. Make a separate comment on THIS POST (DO NOT REPLY TO MY COMMENT, COMMENT ON THE POST!)
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Attentions: Since CNY holiday is coming in a few days, our stock shall at relax on Jan. 25, so the orders after Jan 20 have to ship after the vaction.

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41mm 126618 LN VSF

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Submariner no date 114060 40mm VSF

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Submariner 126610LV 41mm VSF

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Submariner 126610LN 41mm 904L VSF

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PAM985 VSF

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Aqua Terra 150m VSF

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There are more inventory has not been posted since the content for pictures has limited. I will also update my fresh inventory in this post in real time during the event, you can contact us by email or whatsapp if you wanna check more stock.


Friday, January 14, 2022

Inflation, Correlation and Hope: Bitcoin Metrics | Crypto Market Update 1.14

Bitcoin Metrics | Market Update | Major Crypto News | NEWBIES lesson of the day: Inflation

\some news links will not be available on Reddit*

“Me buying the dip.”

I’ve read various reports in the past week, and I wanted to share a few highlights in my newsletter today. These charts aid in formulating an idea of our current market structure. Let us begin by looking at inflation in the US, which saw the Core Inflation Report released this past Tuesday.

YoY CPI % Change (Source: Bureau of Labor Statistics)

The Core Inflation report from Tuesday preserves the notion of high inflation in the US economy. Of all G20 countries, five countries had worse inflation than the US in the past year. Some analysts predict inflation at 15%, noting the standards to measure inflation is in constant flux. Considered an inflation and currency debasement hedge, Bitcoin rebounded considerably on the news.

Correlation Coefficient of BTCUSD vs. SPX

Don’t ever let anyone tell you Bitcoin isn’t correlated to the stock market. Although the metric oscillates according to economic conditions, Bitcoin currently relates highly to the SPX (S&P 500 Index). Of course, an uncorrelated Bitcoin would be ideal, but the recent “risk-off” market conditions have seen a parallel in stocks and Bitcoin. Chart borrowed from the Blockware Intelligence Solutions Newsletter.

https://preview.redd.it/71hasg4jirb81.png?width=800&format=png&auto=webp&s=47471e67dc46bef4d25cd26da957fa9540cc488b

The chart above showcases an encouraging picture for Bitcoin support at the current levels (~42k). The green line below, the dormancy flow has entered a buy zone for Bitcoin for only the sixth time in Bitcoin history. Bitcoin began significant runs after the previous five buy zones. The dormancy flow compares the amount of coin destruction to Bitcoin’s market cap. The chart originates from a recent Fidelity report on Bitcoin

Analysis

The reports and charts above are convincing in that Bitcoin has a high likelihood of holding 42–40k support. Demand for Bitcoin needs to increase for a solid rebound to occur, but the notion of Bitcoin entering an accumulation zone seems strong.

The broader crypto market has been looking healthy in the past seven days, seeing strong projects exhibiting solid gains. Fundamentally, the evidence further supports Bitcoin metrics mentioned earlier.

Consider accumulating or dollar-cost averaging with the combination of fearful markets and metrics supporting strength.

Probabilities over absolutes

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Market Update

Bitcoin (BTC) has steadied alongside the stock market and continues to hover near the 42k support zone. Bitcoin quietly climbed 1.21%.

Oasis (ROSE) climbed 13% today after news of yet another successful investment round that saw the project collected $150 million yesterday. ROSE is up 87% in four days.

Dogecoin (DOGE) jumped 13.5% after Tesla announced the company would begin accepting payments in DOGE. In addition, DOGE set up a roadmap for 2022, a first for the chain.

Notable Gainers

  • FTT 44.30 +8%
  • SCRT 8.18 +24%
  • LTC 144.00 +7%
  • METIS 262.00 +27%

Bitcoin Fear and Greed Index: 21 Extreme Fear
“Bitcoin” Google Trends: 33 
Bitcoin Options Max Pain (Jan 20): 48K

How to use The Fear and Greed Index for investing

Major Crypto News

“[Cryptocurrency is] hard to understand and it’s a hassle, but ten years from now, these applications — there’s going to be those that succeed — that’ll create its own economy, and just like the Internet days, it’ll be the younger generation that figures it out first and is innovative.”

- Mark Cuban

Notable Events

NEWBIES lesson of the day

Inflation

The financial definition of inflation is “the decline of purchasing power of a given currency over time.” In other words, currencies lose value over time.

A basket of goods and services considered essential for living is tracked over time to measure inflation.

As the money supply inevitably increases over time, the goods and services will become more expensive. This is because more money in the economy equals a higher cost of goods/services.

A country’s economic model, money supply, and other factors will decide inflation rates.

https://preview.redd.it/fy3v0rjuirb81.png?width=800&format=png&auto=webp&s=34443a8f5d39e8e9ddf7a26210d202e2763d01ca

The US has a goal to maintain inflation near +2% a year. The chart above showcases that the US has yearly inflation of 7%, the highest in 40 years. The Federal Reserve, which controls the money supply for the US government, printed 40% of all USD in existence in 2021.

Some countries whose economies have failed have seen inflation as high as +1000% in one year. For example, the Turkish Lira collapsed in late 2021 and saw inflation reach +36% in a matter of weeks.

Ultimately a country with high inflation will suffer; the everyday citizens usually take the worst hit as food prices escalate out of control.

Thanks for reading fam, enjoy the weekend!

https://preview.redd.it/a90pqa6airb81.png?width=176&format=png&auto=webp&s=5bb4a97ef62de56c0f3132579505eda717596bdb

Gabi

Follow me on Medium or subscribe to this FREE daily newsletter on Substack


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