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62
teatree
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379 Followers
14 Following
May 20, 2016
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teatree
crypto
14d
Litecoin is now 13 years old
Litecoin was created on 13th October 2011 and it's the longest running ever blockchain, as it has had 100% uptime. (By contrast, bitcoin has had two downtimes in 2010 and 2013. In 2013, versions 0.7 and
$ 0.255
19
teatree
crypto
22d
The IMF is openly trying to get El Salvador to give up bitcoin
Here is a video of the IMF press conference: From about 42 seconds in, she says bitcoin is a "key risk", she wants El Salvador's law on bitcoin to be "narrowed" and "public sector
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teatree
hive
2M
Hive needs to fund some marketmakers
In the last few days there have been a series of posts from senior Hivers expressing outrage, Outrage! at the fact that some of the people they've voted for have had the temerity to sell their coins. We've
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teatree
crypto
2M
Bitcoin is pumping!
It's broken past $64,000. Here is the chart: source The trigger for the move were comments by Jay Powell, the Chairman of the Federal Reserve. He was responding to the revisions in data by the Bureau of
$ 0.573
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1
teatree
crypto
2M
Blurt trading moves to Hive-Engine
Now that Ionomy is dead, Blurt trading has moved to Hive-Engine. See the following screenshot: source This is a really positive development in my opinion. I believe the people who sell Blurt for Hive,
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4
teatree
crypto
3M
Until other markets open 24/7 Bitcoin will always fall first
Bitcoin's liquidity is it's achilles heel. On Sunday at 9 p.m. when you need to liquidate something to meet a margin call in the morning, bitcoin/crypto is the only thing you can sell. So crypto gets sold
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24
teatree
crypto
3M
Is a Crypto Black Monday coming?
Bitcoin ETFs were the worst thing to happen to crypto. Because the people who invest in them don't believe in crypto as a payment system. They don't believe in bitcoin as a hedge against inflation. They
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teatree
crypto
3M
Trading volume drops on South Korean crypto exchanges
Trading volume on Upbit is down sharply as the new Virtual Asset Law came into effect on 19th July 2024. Here is the chart: source Just prior to when the new regulations came into effect, trading volume
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35
teatree
crypto
3M
Trump is now attacking Bukele
President Bukele of El Salvador is a bit of a hero to the Bitcoin community for making bitcoin legal tender, passing bitcoin friendly laws and putting some of El Salvador's government reserves into bitcoin.
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teatree
crypto
4M
The total number of crypto tokens is growing
... but can the market absorb them? Ever since Bitcoin recovered it's price at the start of the year, a shedload of new shitcoins have launched, hoping to replicate the altcoin bonanza of 2021. Here is
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1
teatree
crypto
4M
This is why Hive crashed
South Korea introduced new strict regulations for their exchanges: South Korea’s government plans to release a set of rules for how companies that trade virtual assets should operate. This will happen
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teatree
crypto
4M
Bitcoiners should keep an eye on France
Back in 2013, the event that pushed Bitcoin into the mainstream was the Cyprus debt crisis. A "bail-in" was imposed where people's savings were seized to recapitalise the banks. Capital controls
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teatree
crypto
5M
Bitcoin continues to move sideways
Here's the chart: source Lots of crypto people are impatient and puzzled about why bitcoin won't move past the highs it made in 2021. After all we've had the halvening. In big part, this is down to Wall
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teatree
crypto
5M
How long will Bitcoin remain range-bound?
Waiting for bitcoin to move is like watching paint dry. The halvening was some months ago, but the market appears stuck. Here's the chart: source The latest excuse for the price falling back slightly is
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teatree
crypto
5M
Ethereum prices are on the move
Lots of chatter about Ethereum ETFs getting approval from regulators. As always prices rise on the rumours. Here's the chart: source The most interesting thing about this chart is that while Bitcoin has
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teatree
crypto
5M
It's Pizza Day!
Here is a screenshot of the start of the conversation on bitcointalk that led to the first commercial transaction involving bitcoin: source Someone in Britain took him up on the offer - they simply phoned
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1
teatree
crypto
6M
Crypto mania hasn't yet happened in the current cycle
Here is a graph comparing the bitcoin price to the number of views the Youtube crypto channels get: source At the height of the crypto mania in 2021, the Youtube crypto channels hit 4 million viewers a
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teatree
crypto
6M
Steem's price is catching up with Hive's
Here is the graph of the price action over the last week: source As you can see, Steem has gone from $0.26 to $0.30 now, a 15% rise (though it did reach $0.33). Hive was at $0.34 and is $0.32 (a 6% drop).
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teatree
crypto
6M
What caused the most recent Bitcoin sell-off?
There are some arguments to be made that the launch of the Hong Kong Bitcoin ETF is to blame. Here are some charts: source Everything these days is governed by algorthmic trading. These programs are based
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teatree
crypto
6M
Which cryptocurrencies are actually being used to pay for things?
There are a number of crypto payment processors, like Coingate and Bitpay, that allow people to pay for goods and services using crypto in online retailers who have crypto payments enabled. Coingate Coingate
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