Ultra High-Power PCs / Technical Analysis of the Financial Markets
USA
Joined October 2021
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Competitive Technology retweeted
Bitcoin $BTC or Gold $GC_F & Silver $SI_F
The debate should NOT be PMs vs crypto. That's a stupid debate.
For the record, I am extremely constructive on Silver (and $BTC). Being an outspoken bull on Silver is NOT hate-speech against $BTC
Binary thinking = stupidity
Own both
Competitive Technology retweeted
Bitcoin Is Stronger After China's Crypto Ban: Edward Snowden oal.lu/UU7nU
Competitive Technology retweeted
Why was crypto bid while equity and other risk assets remained offered last week?
Looking at sector flows from Sep 26th, we see that retail continues to be muted since China FUD, while hedge/prop funds, family offices, and other institutional accounts were on the bid.
Competitive Technology retweeted
China topped the world in power and technology, but by the 1400s they burned their ships and ceased interacting with the world. This lead to lost centuries of progress; only now climbing out of.
The Digital Age is here. China has walled the Internet and banned crypto. Deja vu?
Competitive Technology retweeted
China’s draconian restrictions on crypto exposes the weaknesses of their flawed economic system. This is an opening for the U.S. to unleash the American entrepreneurial spirit to capitalize on the CCP’s mistake. More on crytpo & my new China sanctions bill from @PhelimKine ⬇️
Unleash the #Crypto! U.S. lawmakers see electronic gold in turning China's cryptocurrency ban into an un-or-less-regulated U.S. financial bonanza. Thanks @SenLummis @RepAndyBarr @SenToomey @RepThompson @CongressmanGT @PatrickMcHenry @RonWyden politi.co/3ommaza
Competitive Technology retweeted
#bitcoin monthly RSI is 66. In other markets RSI is between 30 and 70. But with bitcoin it is different: RSI in range 45-100. So what's next, green bottom (a la 2014 and 2018) or green top (a la 2011)? One thing is sure, this cycle is different.
Competitive Technology retweeted
Linux is a Personal Computer without the Microsoft tax.
Web3 is The Web without the Google/FB tax. The goal is to make it possible to build a web ecosystem that explicitly excludes goog/fb/etc… from monetization. If you can do that, it will become a seed for innovation.
