Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Exactly right - the value in winning the slot is project progression. Interesting for holders but not likely to move the market in this environment.
Despite what you might hear, a 1m raise in crypto is peanuts. If the crypto bear market continues, AMPE also likey trades lower over time as people sell off their rewards, especially if they realise they locked up a token that is also losing value.
Well, you don't sell if you think it is going higher.
The time/place to take some profit was some time back. Crypto and wider market conditions were plain as day. It could certainly hold here and bottom out, although I have a lower area I'm watching to add some back. I don't see any particular rush given where crypto is at the moment.
https://twitter.com/paddi_hansen/status/1540640277555052545
DeFi regs coming later.
gm @ragnarr - the bottom could be in, we never really know until it becomes obvious after the event.
I am a little sceptical about anyone using prior BTC cycles at this point. All previous cycles were in a QE environment and we have the exact opposite. The bull cycle didn't follow past cycles. It ended about at about half of what we could have reasonably expected. What changed was the Fed. And the Fed isn't done here. They are miles behind. I struggle to see how a high beta risk asset suddenly outperforms. Add in regulatory headwinds and I am happy sitting it out for a while. If I have missed it, I'll have to pay up later. The challenge will be separating a sharp bear market rally from a bullish reversal.
Bottom not in imo. No sense of capitulation and Alts holding up too well on this latest move lower. Expecting a difficult summer ahead and looking to scale back into BTC around the 14k area. Nice chart location there.
Thanks @TheeDuke and @ragnarr - good to hear there is interest from larger players. Retail is rekt so that wouldn't have got them over the line.
Will be watching with interest. Crypto bear markets are a great time to build for the next cycle (which will look a lot different).
"Euro Coin will be available to institutional customers via a free Circle Account starting June 30, 2022. Developers can begin integrating with the Euro Coin smart contract today, ahead of the official launch."
https://www.prnewswire.com/news-releases/circle-announces-a-fully-reserved-euro-backed-stablecoin-euro-coin-euroc-301569124.html
@Ruga - I use a few exchanges as on/off ramps. Binance, FTX and Eqonex.
Treat security properly -> password managers, hardware wallets (Ledger, Trezor, etc.) and hardware 2FA (Yubikeys).
Never completely trust that they are hack-proof/safe.
It certainly feels like a pivotal moment for crypto/defi, although my view is the catalyst is more likely to be regulation. I can see short term pain for long term gain. Interesting thread on U.S. here: https://twitter.com/adamscochran/status/1533993929196060672