Here is an update on #Bitcoin price. The previous path 2 was invalidated although a variant of this path has a low probability (5%) of playing out (not in the chart). 35% probability: Path 1 is now the most likely. I made some slight adjustments to it but the final timeline and price target remain the same with a top at around $135k by the end of this summer. 30% probability: New path 2 is the most bearish case with the top already and the start of a downtrend that could send us as low as $13k. 25% probability: Path 3 is now the most bullish with good odds of playing out but less likely than path 1 & 2. This one would follow a parabola. That would send us to around $240k by the end of 2026. #BTC #Trading #Tradestr View quoted note →

I think the #Monero community should be open to explore the implementation of a hybrid PoS/PoW consensus mechanism. Here is why: PoS could enable sub 5 seconds finality which is a highly relevant capability to the core Monero use case which is best digital cash. How do you implement sub 5s finality with PoW? You can’t… Fast finality matters a lot for in-person payments. Merchants can’t wait for a transaction to confirm. Slow confirmation time is a drawback for #XMR (and all others PoW) that isn’t being discussed enough. There has been many PoW chains that have successfully implemented a hybrid PoW/PoS approach. For example, #eCash / #XEC a fork of #BCH launched by the founder of #BitcoinCash has implemented the avalanche consensus on top of the Nakamoto consensus. Their goal is to make eCash the best medium of exchange and they recognize that fast finality is an key feature for this use case. One concern with PoS is coin distribution especially for #crypto that had a pre-mine. That’s not a concern that Monero will ever have. PoW is still important to guarantee that the blockchain can be retrieved in a trustless manner as PoS has by design a trusted setup. Let’s take the best of both worlds and make Monero a better medium of exchange that it is already.

#ISaveWhatICanSpend #XMR #Monero

#Monero is the new SoV. #XMR #Trading #Tradestr

#sUSD holders feeling the slow bleed right now… #Stablecoin #Stablecoins #DeFi #Crypto #Synthetix View quoted note →

#Mantra #OM price dropped by 90% today. Apparently because of a massive forced liquidation by a large investor. I don’t want to be the bear(er) of bad news but could this be the canary in the coal mine? #Crypto #Trading #Tradestr

While #Blackrock and #MSTR have acquired 1M #bitcoin, or about 5% of all the supply that will ever exist, the price of #BTC isn’t even twice what it was four years ago. Why is that? I don’t know, but either we have whales selling massively or there are some shenanigans going on with their custodian which is #Coinbase.

We are back to 25%/25% probability for each path with path 2 being close to be invalidated. #Bitcoin #BTC #Trading #Tradestr View quoted note →