My business made multiples in 2020 despite rookie energy, a global economic meltdown, and a pandemic.
I'll take what are the positives for a thousand.
Gorgeous price action off of my TNXP alert! Moved +196%
As you know my watchlists are good for a few weeks and based on accumulation ranges, so I'll be watching the other tickers for rebounds as well.
Worth noting that every single watchlist posted since the beginning of the year contained big runners.
Confidence building.
(DeFi/crypto analysis coming soon. Big believer in the power of decentralization. Stateless, trustless, self-sovereign, rage against the machine vibes there. Last free place on the internet...and they're building a new one.)
I know you feel it too. The catalyst. The spark.
The Cambrian explosion of blockchains and obscure cryptographically secure assets ever evolving into the intricate, symbiotic digital ecosystem of a new reality.
It’s a financial titan in its infancy. It’s an escape hatch out of the tyrannical, parasitic monetary dystopia of the current reality. Ferrum Network and Thorchain are two projects pushing the boundaries of what interoperability protocols can do.
Ferrum Network is a vertically integrated financial suite whose origin reveals itself in Africa, providing the power of decentralization to the historically unbanked continent. Emerging markets worldwide can reap the astounding benefit of early crypto adoption here. It’s a peer to peer bridge between multiple blockchains, providing users with high speed transfer of funds without a third party intermediary.
A bit about Ferrum Network: FRM is used as gas to power the network. It’s DAG based (Directed Acyclic Graph) code will allow for scaling by an order of magnitude greater than what most crypto users experience today. FRM is burned as the transactions are processed to regulate supply of the currency. There are approximately 131 million currently in circulation. Max supply is listed at 331 million. Ferrum's market cap is approximately $3.4 million. The network is capable of supporting virtually every type of cryptocurrency through proxy token generation.
The arms of the Ferrum Network are as follows:
-FIRST KUDI is a fiat debit card on-ramp and exchange working in tandem with a local crypto-friendly bank in Nigeria.
-INFINITY DEX will be a decentralized exchange capable of high frequency margin trading, live streaming via Twitch, giving AI based market driven predictions, and short selling.
-SUBZERO will be a "military-grade" cold storage wallet that works on any offline Android device.
- UniFyre is a non-custodial hot wallet. Its innovative link drop technology makes it possible to send crypto to both nocoiners and coiners alike with just a link. Link drop has the ability to facilitate mass adoption in this regard. The user will eventually be able to send BTC, ETH, GUSD, VRA, LINK, BNB and other crypto assets on social media platforms (Twitter, Facebook, Telegram, Whatsapp, SMS, email) in an instant.
Ferrum has partnered with US cryptocurrency giant Gemini Exchange to provide US stablecoin support on the platform.
"Africa doesn't need crypto, but crypto needs Africa." - Ian Friend, COO of Ferrum Network
Thorchain is a similar multi-layered cross-chain suite. It’s market cap is far larger than Ferrum at approximately $25 million. The available supply of RUNE is approximately 158 million coins. The max supply is 500,000,000. Thorchain is proof-of-stake based. This decentralized liquidity network will implement its bond node technology.
A bit about Thorchain: RUNE is used as fuel to power the protocol. Every node connected to the Thorchain protocol has addresses designated for every cryptocurrency it supports. Decisions on which currencies to support are made by liquidity providers. Upon value entering the network, all nodes will store records of the transaction. Upon value exiting, a select number of nodes are needed to approve the transaction. To secure the protocol, Thorchain will "kick out" nodes every 3 days thereby increasing efficiency and preventing hostile takeovers.
Where Ferrum maximizes the possibility of multiple non-finance based centralized entities knowing what you're holding in the UniFyre wallet via social media posts, Thorchain maximizes anonymity with what the team calls, "plausible deniability." Both have great staking incentive structures.
Ferrum users - and the rest of crypto enthusiasts for that matter - need to be okay with the notion of "formal disclosure of funds" if they mention it on social media. If not, they should probably have solid cybersecurity measures in place to avoid ending up in the cross hairs of possible future geopolitical and government-centric predicaments. Remember what you post on the internet is forever.
Critics within the crypto community may argue that the utilization of DAG protocols is more indicative of centralization than their blockchain counterparts. Further, DAG protocols tend to be less immutable. As we know, immutability is the foundation of the hardest of cryptocurrencies.
I see a bright future for both regardless.
thorchain.org
ferrum.network
Apparently she's never heard of a generational bull run.
Keep betting against me.
AEMD made another stunning +94% move. Snap taken at HOD. One can see the very clear consolidation prior to launch here.
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PTE smashed through resistance and picked up momentum with a rise over 45%.
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SENS: Moving average compression leading into a decent rally and consistent price action above the VWAP made for a +15% intraday rise.
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OSMT alert proved effective with a +13% move today.
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And VLRX had a good day of price action with a +12% move.
Slowly gaining confidence in the stock analysis leading to these watchlist alerts. Will be adding content about other markets soon along with a trading challenge.
HUSA was an early riser before it was faded midday. Made a move over 30% near HOD.
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JOB moved 13% today.
Wind speed 6.0 m/s. Sea temp: MM °C, air temp: 17.5 °C. #bitcoin
I started investing with five dollar buys of alternative assets three years ago because I literally had nothing. Figured if I was able to buy doritos I was able to buy crypto.
Money is printing in my sleep now and life has never felt more insane.
Life is a compendium of organized systems repairing themselves within concentrated baths of heat as they resist the entropy surrounding them.
Life is order. Life is structure. Order is growth's great precursor.
That which is most adaptable to change while remaining in order is more inclined to maintain the bath and thus facilitate the proliferation of life.
It's order as much as it's resistance.
As I type this now I feel the battle to maintain order within myself weigh heavily on other aspects of my consciousness. A series of stranger things have led me to a most inconvenient truth: I never really had it.
My emotional scape is strewn with miles of anxiety. Anxiety about releasing myself from the demeaning act of selling time for pennies to a deeply problematic capitalistic entity greater than myself because I'll have to rely on myself.
Anxiety about whether I can muster/maintain personal order to live and speak the language of free men.
Anxiety as I wonder if the rabbit hole actually is a black hole. Am I touching it? Am I close? Who will I become at it's end?
There's a mantra I repeat to myself when my voice is shaking and my hand is not steady:
I am that which moves man and earth
The catalyst
The spark
I am the blade carving a path through the darkness of the unknown
And in my wake stand those far greater than I
My goal is not to be the first
But to expand the spectrum of humanity's possibilities through my actions
Give me some time. I'll come around this week.
There will be order.
$FRM absolutely destroying. Smashed over 26% today. Snap taken near HOD.
TEAM #IRONHANDS