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BeyOglu - The Analyst
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#BTC is down 1.6% over the last 7 days but Alts are experiencing a blood bath. Grandpa $BTC had a little bit of a slip today and with that ALTS by and large decided it was time to bleed out in the streets. BTC is down 1.6% over the last 7 days. But if you look at Alts it's a whole different story. #Sol down 14% in seven days, Cardano 16%, #BCH 22%, ARB 22%, Algo 20%. In fact the majority of ALTS in the top 100 are down 15% or more compared to BTC down a measly 1.6%. It's tempting to look at this and think well Alts are up from their bear market lows so they're doing ok... But compare ALTS to their alt/btc pair and you see a completely different picture. Algorand just hit a new ATL against BTC. Cardano just hit a new low against BTC since Jan. 2021 Arbitrum just hit a new low against BTC. With no actual Alt Season occurring so far on the BTC ATH run up, most Alts haven't seen much benefit price wise. If BTC crabs or crashes after the halving I'm a bit scared to see what might happens to alts and I honestly wouldn't be surprised if some of them hit a new ATL. #beyoglu $SOL $BCH
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The #SEC just declared war on crypto. Uniswap is the LARGEST decentralized exchange (DEX) in existence. Has over $2 trillion in total volume since its launch in 2018. Ranked #1 in most metrics including over $6.1B in TVL. Today Uniswap Labs received a Wells Notice from the SEC. This is typically the step right BEFORE a lawsuit. This is like the SEC sueing the NASDAQ and expecting tech stock trading to continue in the United Stated. It wouldn't. It would all be pushed off shore. Will the crypto market survive attack like this? #beyoglu
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$BTC Why so many still don't "get it" Before #Bitcoin I had little to zero knowledge of how money worked, how our debt-based monetary system was designed to steal from us and how fixing the money at the root cause can quite literally change the world by realigning incentives. I see money and currency as two separate things now. But I get why most people dont "get it". It's understandable given we are born and raised in a debt based monetary system. This system funds our education at every level, hence why every finance course is taught based on keynesian economics to reinforce and perpetuate the idea that inflation is necessary and deflation is bad, and when you have generations of this forced fiat brainwash it becomes very difficult to convince someone that they've been led astray. It can be hard to accept the reality that they've been lied to and robbed blind their whole life, despite best efforts to protect their wealth with traditional means. After all, isn't that what we are told by MSM and fiat overlords? Most people are not ready to have these conversations especially those with large portion of wealth parked in fiat vehicles. It would be like yanking someone out the matrix by their collar. The realization that you've been taken advantage of is so jarring that the average person would go straight to denial, get defensive/angry or shut down completely making it very hard to keep an open mind. *This is why its near impossible to explain money and Bitcoin to the fiat audience.* To understand Bitcoin you have to first understand the problems that Bitcoin is solving. To do that you have to first realize **there is a problem.** Most people either dont realize or dont care. #beyoglu
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Eid Mubarak to Everyone ❤️😇 I accepting eidi in crypto 🤣🤣🤣 you can also use tip feature to send me eidi 😁😁😁
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#Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024 #beyoglu
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