The Sunday Crypto Recap - Down the Rabbit Hole 64steemCreated with Sketch.

in #timm5 years ago


The market is showing some signs of life. Volumes are up, as are prices across most cryptos. Happily, both BTC and Alts are trending upwards together. BSV went on a fantasy trip to nowhere, accompanied by Bitcoin Cash, Bitcoin Diamond and Bitcoin Gold for good measure. Other Alts are showing much more promising and sustainable appreciation. Much too early to tell if this is the start of something exciting and remember just because XYZ pumps 30%+ does not make it a wise investment. As always, there's far more than price going on in the cryptosphere - enjoy!


Picks of the Week

If you are new to crypto this is an ideal introduction to the value proposition that is Bitcoin. While you’re at it this podcast/reading does an excellent job of explaining why BTC is not backed by nothing.


Twitter

An optimistic perspective on the future potential of Bitcoin:
https://twitter.com/surferjimw/status/1215729057763033088

BTC supply is tight tight tight:
https://twitter.com/clarkmoody/status/1216958547767902209

Rejecting Proof of Stake (worth thinking on):
https://twitter.com/matt_odell/status/1039542959891472385

BTC bears may have to reconsider:
https://twitter.com/MustStopMurad/status/1216898845185138689

On bookmakers/traders:
https://twitter.com/hodloncomrades/status/1215824605069185024

The journey towards becoming a Bitcoiner (funny but entirely accurate for many):
https://twitter.com/pourteaux/status/1216888086858289153

Oracles and smart contracts are barely understood concepts even within crypto:
https://twitter.com/DLTPandu/status/1215787017646280704

A visualization of the rise of DeFi (highly recommended):
https://twitter.com/JamesTodaroMD/status/1216812801454477312

An NBA player goes crypto:
https://twitter.com/lawmaster/status/1216652458514165762

Rate cuts over the last year:
https://twitter.com/charliebilello/status/1217810430208479232


Articles

An Introduction to the Efficient Market Hypothesis for Bitcoiners by Nic Carter(highly recommended):
https://medium.com/@nic__carter/an-introduction-to-the-efficient-market-hypothesis-for-bitcoiners-ed7e90be7c0d

Bitcoin, trust, and simplicity:
https://www.theblockcrypto.com/post/52053/bitcoin-trust-and-simplicity

Arguing for the implementation of privacy features into Bitcoin:
https://www.bullyesq.com/blog/bitcoin-has-a-privacy-problem

Setting up your own Bitcoin node:
https://medium.com/@6102bitcoin/secure-sovereign-bitcoin-in-25-easy-steps-d5f2a1139b56?

Potential Bitcoin upgrades on the horizon (recommended):
https://bitcoinmagazine.com/articles/2020-and-beyond-bitcoins-potential-protocol-upgrades

Start-ups looking at their launches in the context of 2020:
https://hackernoon.com/if-you-were-to-start-your-blockchain-startup-from-scratch-in-2020-what-would-you-do-differently-wjp32du

A vision of zero collateral DeFi (interesting concept):
https://medium.com/fabrx-blockchain/meet-zero-collateral-dcfe27fb3a2d

We might miss cash once it's gone (recommended):
https://www.technologyreview.com/s/614998/an-elegy-for-cash-the-technology-we-might-never-replace/


Podcasts

An excellent way to start your Bitcoin journey (highly recommended):

https://podcasts.apple.com/au/podcast/beginners-guide-to-bitcoin-part-1-andreas-m-antonopoulos/id1317356120?i=1000461459750


Bitcoin is indeed not backed by nothing and here’s why (highly recommended):


https://open.spotify.com/episode/7mpFtsVJm31OLoQkeIPKNV?si=rEvTQkttSmG7l1uvmCDRhw

YouTube

Excellent Bitcoin timeline with attached article (highly recommended):

https://www.thestreet.com/investing/bitcoin/bitcoin-history-14686578


Briefly analyzing this current Bitcoin breakout:


How secure is the Bitcoin base algorithm (dates to 2017 but nonetheless highly relevant):


Global market predictions for 2020:


Another excellent EOS mega update for Colin (highly recommended):


So, what exactly is an EOS block producer?:​


Infographics

Comparing BTC returns in 2019 against a few related alts/asset classes:

https://cryptopotato.com/how-did-bitcoin-perform-against-other-investment-tools-correlations-volatility-and-roi/#&gid=1&pid=1


The crypto journey many of us take:

https://twitter.com/mrjasonchoi/status/1214365235068297217/photo/1


Website / Utility

Interested in what the rich and famous have to say about Bitcoin? Here you go:


https://www.bitcoinersanonymous.com/

I hope you found a lot to like in this week’s trip down the ever-interesting crypto rabbit hole. As always, looking forward to your comments and suggestions.


Note on Sources:

Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.


Published by Cryptos Decrypted
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https://mentormarket.io/cryptocurrencies/cryptos-decrypted/the-sunday-crypto-recap-down-the-rabbit-hole-64/