A different sort of ‘flippening’

I use an app that pays crypto whenever I make correct predictions [every 3 hours] about BTC and ETH, which means that eight times a day – every day, I check the price of both.


Generally speaking, the whole market follows Bitcoin so when it goes down, the rest goes down and vice versa.


Having said that, I’ve noticed a change since late 2021/early 2022 – back when ETH couldn’t stay under $4,000 (good times).


ETH and BTC still fall and rise together but the former now falls harder, while the latter takes less time to bounce back.


Last night, they both capitulated with a loud bang but even now, when you look at the charts, Bitcoin feels and looks like it’s trying to get back above $26,000 as quickly as possible whereas ETH feels and looks like it wouldn’t mind falling below $1,300.


It is impossible to determine why so your guess is as good as mine but I’ll wager this is because recent trouble (Terra Luna and the Celsius drama) taught us that we can’t achieve decentralisation unless it is built in the system.


In other words, there’s a face or a name behind every crypto project except Bitcoin, which is probably as close as we’ve gotten – so far, at least – to through decentralisation.


Still, it’d be nice if they both stopped falling, dammit.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.comNexo or Binance

Use this link to get free diamonds use my CoinmarketCap code.

I know it sucks, but now’s the time to keep buying

According to Glassnode, a blockchain analyst, there are now 851,921 Bitcoin addresses holding at least 1 Bitcoin, a new all-time high. They say this is “despite a $27k retest” but that sounds wrong. It isn’t ‘despite‘ the retest, it is because of it.


At the time of writing, as the Glassnode points out, if you hold 1 BTC and 1 ETH, you’ve got access to around $28,000-$29,000, whereas just a few months ago, back in November 2021, ownership of 1 BTC and 1 ETH would’ve meant having access to around $75,000.


With a budget of $2,000, you can now buy 1 ETH plus change. Whereas back in November-December 2021, you’d have gotten about ETH 0.50.


Everyone wants to beat the market but very few people can and part of the reason is the market is psychologically difficult to follow. We tend to buy when the price is going up, and we get scared and sell when the market goes down. That’s bad, of course, but it is also understandable.


These days I feel like hiding under my bed and crying but I know the market will rebound, eventually, and that’s why I keep buying. And crying. Pah.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.comNexo or Binance

Use this link to get free diamonds use my CoinmarketCap code.

for duck’s sake make it end

Every time I open a new tab on my Brave browser I’m reminded of how sh*tty the situation in the market really is. When I started using Brave, right around December 2021, my first payout was about 1.50 BAT, which at some point was worth $2. Now I’ve got over 17 BAT, worth 6 dollars.


Bitcoin is hanging by a thread. Ethereum’s thread has snapped and it is now freefalling. Altcoins are doing even worse.


This, of course, is nothing but another phase of the market cycle. Anybody who’s been around crypto longer than a year has seen this before. If you’ve been around for a few years, then you’ve already seen about a million times.


Peak FOMO, peak price. Peak fear, and the price starts falling and you never know when, or where, or how, it’s going to end.


It sucks but there’s nothing we can do.


Well, there is something we can do. Here’s what I’m doing:


1. having a pint of India Pale Lager

2. listening to MGK’s Bloody Valentine

3. buying more Ethereum


But please make it end.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.comNexo or Binance

Use this link to get free diamonds use my CoinmarketCap code.

Binance v Nexo v Crypto.com v Coinbase: survival of the… ?

Binance, Nexo, Crypto.com and Coinbase have been operating in the same space and competing for the same customers for a few years now.


They’re different flavours of the same soup. Like different versions of the same IPA from different Breweries.


On paper, all four provide staking/earning products, all four offer a debit card, all four are more or less user-friendly and all four require KYC. But having used all four for a while, I’ve come to believe they’ve got very little in common.


Let’s start with Coinbase. It is the most user-friendly (imo) and the go-to place for crypto if you’re just getting started BUT there’s a long list of BUTs.


BUT. Coinbase says you can earn interests on a few cryptocurrencies through the website (not talking about the wallet) but I’ve tried with Tezos and it didn’t really work so I ended up sending it to my Binance. BUT. It also has a debit card but the fees for using it abroad, as in outside the country where you’re KYCed, are obscene.


Binance is the complete package because it does a bit of everything. You can earn higher interests for some coins on Nexo but Binance does staking, it has its own debit card, and it combines traditional exchange features with proper DeFi products. It also has relatively low fees when compared to other three.


The way I see it, Crypto.com spent way too much money on marketing and found themselves in a bit of a pickle. They offer a sign-up bonus, same as Coinbase and Nexo, but you can’t actually use it unless you stake $350-400 worth of CRONOS, which is not exactly pocket change. On top of that, they’ve notoriously slashed cashback rewards, which means that they’re base-level card is now just another card.


Nexo is probably my favourite. Their token is a lot more stable than CRONOS, and unlike other equivalent platforms they give you higher interest rates on your crypto if you allocate 10% of your portfolio to their token. And allocating a percentage point rather than a fixed mount makes more sense, especially for people who don’t have hundreds of dollars to throw around.


They can coexist, and they can all keep thriving after this bear market phase is over. But when it comes to business decisions, mistakes outweight smart moves. In other words, there’s no point coming up with one brilliant idea if you make ten mistakes right after.


Crypto.com certainly made more mistakes than the other three. Binance only made one mistake (Terra Luna) but it was damn near lethal. Coinbase and Nexo seem to be treading more carefully.


So who’s gonna win?



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com, Nexo or Binance

Use this link to get free diamonds use my CoinmarketCap code.

STRATEGY VS TACTIC

I’ve recently learnt the difference between strategy and tactic. I thought they were kind of the same thing but I was wrong. The strategy is the ultimate objective that’s determined by the circumstances. The tactic is how you get there.


In football, random example, you have to win games and score goals and that’s the strategy. The tactic determines how you get there.


The strategy with crypto is always the same: get the most out of your money and possibly become wealthier. The tactic? I’ve changed that at least four times.


I began using crypto because I started working for a crypto exchange that could only pay me in BTC, I didn’t even want it and I actually asked if I could be paid via PayPal. FORTUNATELY they said no.


Then I started actively buying by converting part of my BTC salary into Waves (sold), in Litecoin (still have some), DAI (still have some), NANO (sold), WOLLO (defunct), ETH (still have some) and a few more.


Then I started buying other altcoins through platforms, chiefly Coinbase.


Then I started focusing on crypto with high staking rewards but after the UST crash, I’ve ‘only’ lost about $100 on that one, I’ve decided to play it safe. I can buy $1 (symbolic) of anything and everything just on the off chance it 10,000Xs but most of my funds are in Bitcoin, Ethereum and a couple of stablecoins.


I still own a bunch of cryptos I don’t want anymore but I can’t sell because just about everything is down. So I’ll wait for the right moment and gradually get rid of most of them.


It’s like with coffee. My strategy? I need coffee, always. My tactic? It depends. Today, for example, I’ve bought instant coffee from the local grocery store at $0.10 per bag. Tomorrow I’m gonna be on the road so I’m going to have to opt for expensive espressos from the bar. Dammit.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code

Good luck, Croatia

Last night I was having a drink, mindlessly checking my Instagram when I happened upon a (sponsored) post that caught my eye.


It was from a blue-tick-verified EU account and the caption read: “goodbye Kuna, welcome Euro”.


The Kuna is the soon-to-be defunct official currency of Croatia and it is scheduled to be replaced with the Euro from 2023. It won’t go well.


I was born and raised in the only country in the EU where salaries are lower than they were 20 years ago. This is not a hyperbole, it is a fact.


This is partly due to the unique(ly corrupted) way my country is run but it is also because prices doubled pretty much overnight on the day of the switch from the old currency to the Euro. But salaries obviously didn’t.


We could talk about the treaties and rules that the adoption entails, we can certainly talk about monetary sovereignty but there’s another real-world effect that people often ignore and that has to do with the Euro banknotes denomination.


At the moment, the lowest note denomination is 10 Kuna, and that’s if we ignore the 5 Kuna, which technically exists but it rare. Even so, 10 Kuna is $1.42, which is a lot less than the lowest note denomination of the Euro: €5, equivalent to $5.36.


In a few months, the Kuna will be gone and unfortunately it’ll simply make sense to adjust prices accordingly.


Something that costs 10 Kuna ($1.42) today will end up costing €2 after January 2023. But there’s no €2 banknote and and it’s only a matter of time before 10 Kuna becomes €5. And then €10. It’s gonna happen. It is an absolute certainy.


I’m no fan of the European Union but I really, really distrust and loathe the Euro. Maybe that’s why I currently only hold crypto and Serbian Dinars.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code

FALLING DOWN on all that I’ve ever known

Falling down is an amazing song by the Oasis and it is also what YNG, Young Platform’s utility token, is doing.


I’m not surprised, to be frank. This was the most predictable thing since Real Madrid’s UCL win. Real Madrid almost always win knockout games in the Champions League and newborn tokens almost ways dump right after they(‘re) pumped.


Young Platform is a decent crypto exchange but I think the fees are too high, they only recently added earn products and only for three cryptos (Tether, ETH and BTC), there’s still no proper staking and no debit card.


On the opposite side of the same coin we have Young Step, which is the only get-paid-to-walk app that works as promised. At least in my experience.


Young’s utility token, an ERC-20 token called YNG, was introduced a couple of years ago but until last week, it was only used internally with a fixed price of €0.24 per coin.


Over 4 million tokens (out of a possible 100 mln) were purchased during the pre-launch days and after the launch a couple of days ago, the token briefly went up to $0.29 before falling down to $0.20, below the initial ICO price, and it’s still falling down.


A few days from now, you’ll probably be able to buy a bunch of them for a fiver and hopefully, maybe, one day the token will be listed on Binance and Coinbase but until then… well. It’s falling down. Man, I love Oasis.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code

Something that had never happened before has just happened in what will go down in history as the first-ever insider trading case in the world of NFT.


U.S. Attorney Damian Williams in Manhattan said these charges “demonstrate the commitment of this office to stamping out insider trading – whether it occurs on the stock market or the blockchain”.


“NFTs might be new, but this type of criminal scheme is not,” added Williams.


I guess Mrs Pelosi didn’t get the memo. But that’s a different conversation so let’s just move on.


In short, a 31-year-old fomer employee was accused of buying 45 NFTs on 11 different occasions based on confidential information he wasn’t supposed to disclose and/or use. OpenSea themselves found out about it by running an internal investigation and subsequently reported him to the authorities.


If found guilty, the employee is facing up to 20 years in prison.


Proving malfeasance in a court of law is often difficult, and I believe it is going to be even more arduous in this case because of the way the market is (un)regulated.


Let’s wait and see.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code

TRAJECTORY

I’ve been thinking about the word ‘trajectory’ a lot recently. Partly because it sounds funny and unnatural – like it almost doesn’t even belong to the English language. And also because the trajectory of crypto is what we should be thinking about. Nothing else.


What happened with LUNA, disastrous as it may be, can’t change the trajectory of crypto. Hard to see how it could.


Remember BlackBerry and HTC? They were both on top of the mobile phone game at different points, they both failed and fell and crashed with a loud bang, and did that change the trajectory of the smartphone industry? It didn’t. How could it?


Crypto is a game that plays by its own rules. I apologise because I’ve used this quote a million times before but it’s true. Third-party apps and platforms and players in the game are constantly changing and adapting but crypto itself, Bitcoin for example, isn’t. Not really.


It keeps following its own trajectory and every major crash in the short term will feel and look minor in the long run. Especially with hindsight. You have to zoom out and, since I’m on a roll with these cheap and cheesy quotes: you can’t really see the forest for the trees, can you?



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code

WRITING

I’m having a Tiborg Deluxe, an Ethiopian Style Coffee Stout brewed by Ugar Brewery in a place with an impossible name in Hungary. Are you ready? The place is called Törökszentmiklós.


Read it once and say it again with your eyes shut and perfect Hungarian accent and win 1,000 LUNA. Hell, let’s live a little. You can even win 100,000. They’re worth close to nothing anyway. As we all know.


The reason I mention the beer I’m having is dual: one, it’s very good. And two, I just wanted to write.


I started writing over ten years ago but I’ve only been doing that professionally for three years in the sense that before 2019, I had to work other jobs to sustain myself because monetising creativity is the work of the devil. No, wait, let me rephrase that. Trying to monetise creativity is the same as trying to live in Serbia as a teetotaller: it’s doable, but difficult.


Back in 2016, I was looking for a gig as a content creator and happened upon a crypto exchange whose name I won’t mention, all I can tell you the name begins with W and ends with Irex. It was just a two-bit start-up back then and even though I’d heard of BTC before, I had no idea what I was going to do with it.


I asked to get paid on PayPal and thankfully, they refused. They said: “nope, crypto only.”


That, as you can imagine, turned out all right.


I wrote my first ‘car review’ in 2007, using the ‘notepad’ feature during a lunch break at the company I was working for at the time and nearly fifteen years down the line, I’m still in love with writing.


I love cars, crypto, watches and just in general I’m fond of all the domains and topics I cover while writing. But at the end of the day, to quote my former employer and the main reason why I started writing: “if you want to make a living writing about stuff, you have to like the things you write about, but you have to love writing.”


So what was the point of this post? No idea. But this beer is so good.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code