Gold up, Silver up, Bitcoin Up, all real assets up
Here it is, the 20th edition of The FUD, where I talk about the biggest FUD of the week. I help clarify events that crypto twitter decides to escalate. Leggo.
This week the market has become rational, equities, and USD are dying while real assets are exploding, I guess people are starting to wake up … Let’s get into it.
Silver and Gold run
Finally, we are seeing commodities spark up, the catalyst; political uncertainty. With them, Bitcoin goes on a run. I think people are waking up to the effects of printing.
The US dollar is become weaker and weaker, as tensions grow with China this isn’t helping. From a personal perspective, I’m not surprised, I have been patiently waiting for this for a long time. Of course, Peter Schiff had to share his opinion.
by far the most retarded take I’ve seen in 2020
— RookieX₿T (@RookieXBT) July 22, 2020
and I’ve seen a fair share of retarded takes https://t.co/hrXzjdgW95
It’s funny how this guy is soo obsessed with Bitcoin, however, don’t listen to that broke mentality. Fact is:
PeterSchiff is so irrelevant he only rags on #btc because its the only way he gets any kind of engagement and you all lap it up and give it too him.
— 🍄🌲Benjamin Blunts🌲🍄 (@SmartContracter) July 22, 2020
just let the boomer be
I mean, if we’re going to run on random price points I would go with this:
If you bought Silver 9 YEARS ago and held it you’d be down🔻53%#Bitcoin over that same period is up 929,900% 🚀
— Bitcoin Birch 👨💻 (@BitcoinBirch) July 22, 2020
But yea let’s gloat about how something we all have sitting in our junk drawers is up 13% in a day lmfao
Paid Group Heroes are back..
With a new bull run comes all the bad actors, people trying to sell you useless signals to capitalize on. peoples greed. There is no easy way to do this, making money is hard work, you need focus, conviction and determination.
If something seems too good to be true it probably isn’t true. Don’t be a fool.
The lifecycle continues:
— Cold Blooded Shiller (@ColdBloodShill) July 21, 2020
1. “YOUR PAID GROUP LEADER CAN’T TRADE LIKE ME.”
2. “I LOVE TO PROVIDE FREE EDUCATIONAL MATERIAL AND SET UPS.”
3. “Wait a minute, I’m growing pretty big here.”
4. “Wait… I’m hitting some nice public set ups.”
5. “I AM NOW YOUR PAID GROUP LEADER.”
Let the crazy antics begin…
Romano is feeling the onset of a bull run, time to relive the fantasy and fulfill the prophecy again.
Oh shit got 30 days to meet @brennasparksxxx again
— Romano (@RNR_0) July 21, 2020
Damn prophecy almost 2 years ago but idk felt like such a long time ago pic.twitter.com/vhxQQHSqbS
I mean, what’s the point of fuck you. money if you can’t stop and say fuck you.
Sometimes, the solution is quite simple
I realized yesterday that I had spent my life over-complicating things when the answer is indeed simple and has been right in front of me. this whole time, thanks for the advice Sir Portnoy.
So start you’re own company and sell it for 450 million. That’s what I did. https://t.co/GAsvEHCJKy
— Dave Portnoy (@stoolpresidente) July 21, 2020
Tron Moving to DeFi — Udi Endorses this message
Last week we laughed at Tron and Justin Sun for the attempt to enter Defi, now Udi is backing this.
me and @justinsuntron had a productive phone call 2 days ago https://t.co/BrolPmF5Zi pic.twitter.com/GArzRim1nz
— Udi Wertheimer (@udiWertheimer) July 21, 2020
Considering the control Justin has in China, he could pull this. off, with a focus on China. This could get interesting, I will be keeping a close eye.
mStable Drama
There was some drama around mStable this week, so I just thought maybe I should shed some light on this.
As expected! SAvAgE DuMP🔥 A whale 🐳just dumped 3M $MTA
— Julien Bouteloup (@bneiluj) July 21, 2020
$8,417,402.37 … from $4 to $2.10 💰
while everyone is yieldFarming $FYI on @CurveFinance + @iearnfinance + @BalancerLabs
Price at All-Time Low 🔥 Told you to short that shit boys! https://t.co/OdfUAWL5a2 https://t.co/5l7GGpLuzb pic.twitter.com/ya5REIAvJl
Listen everyone, there is no basis for this BS, mStable is a solid project, with a solid team who would not engage in unethical behavior. Julien for some reason feels threatened by mStable and as such is projecting his insecurities. Again there is no basis for any of these claims, don’t be fooled by random FUD.
The Trade
Bitcoin is starting to break out, but to be honest, I’ve been focused on Alts, Defi specifically, not that I fundamentally believe in any but open should not fight hype, I made most of my money trading sentiment and since that works for me I won’t be stopping anytime soon.
Something as trivial as logic. is. not going to get in the way of me and infinite riches.
Hope you all enjoyed the update, follow me @TheBitcoinaire and @MineDigital on twitter and medium to stay updated on The FUD and Whisky & Wicks. For the best rates in Australia guaranteed use Mine Digital. Mine Digital also has insured custody so don’t worry about your funds.
Please note this is not intended as financial advice. Always do your own research. The writer holds (and is biased towards) Bitcoin. The writer’s thoughts are his own and do not reflect those of Mine Digital.
