This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 180,000 other investors today. To investors, Will Clemente breaks down the volatility from this week using on-chain metrics to separate the signal from the noise. You can follow
Thank you for the update on the analysis. It appears that speculators with low conviction are being flushed out. Focusing on the long term innovation, and inevitable shift to decentralization seems to be the best bet.
The coins moving onto exchanges come primarily from Binance, a primarily derivatives driven exchange. If we want insight into the net movement of BTC to exchanges, surely we want to seperate at those ones that pertain to trading and those that pertain to hodl stacks. Dilution proof mentions just that here: https://twitter.com/dilutionproof/status/1396752489123356672
Thank you for the update on the analysis. It appears that speculators with low conviction are being flushed out. Focusing on the long term innovation, and inevitable shift to decentralization seems to be the best bet.
“ Overall, it seems that retail is accumulating while whales sell-off.” Isn’t that a bad/bearish sign? “Smart” money selling?
The coins moving onto exchanges come primarily from Binance, a primarily derivatives driven exchange. If we want insight into the net movement of BTC to exchanges, surely we want to seperate at those ones that pertain to trading and those that pertain to hodl stacks. Dilution proof mentions just that here: https://twitter.com/dilutionproof/status/1396752489123356672
Thank you pomp, i have always had one question and i hope to get the answer from you.
what will happen to the price of bitcoin when all the 21M coins are fully mined?
when do you think the 21M coins will be fully mined?
i hope i get an answer... thanks