Cryptocurrencies

The Sunday Crypto Recap – Down the Rabbit Hole 94

Bitcoin remains poised to breakout – though a sharp retracement along the way remains a firm possibility. Ethereum however, seems on its way to higher highs having blown past $400. This despite the network being crippled by very high fees. The knock-on effect is the dapps running on Ethereum are becoming prohibitively expensive to use. ChainLink continues to forge new highs with a slew of other cryptos also posting solid gains.

A week of wild rides for those playing in the DeFi space. Yams were a thing for a whole day until a series of protocol bugs derailed the whole project. Then Curve apparently launched before its developers intended it to – enabling a very shady premine. There are redflags all over this space…


Picks of the Week

This thread highlighting some of the best Bitcoin articles. Also this thread on the all too familiar and costly journey many Bitcoiner’s take… This report delving into the Bitcoin’s place in the market. Finally, this visual explanation of yield farming.


Twitter

An excellent compilation of essential Bitcoin articles (highly recommended):
https://twitter.com/anilsaidso/status/1290768068373696512

One Bitcoiner’s journey – it might save you a lot of money (highly recommended):
https://twitter.com/potapac1/status/1292796404621090816

Another key aspect of Bitcoin’s appeal – portability:
https://twitter.com/matt_odell/status/1292078833361915907

Debunking Eth’s supply issue problem (highly recommended);
https://twitter.com/aantonop/status/1292877311570857990

Current FED monetary policy continues the failures of the past (recommended):
https://twitter.com/JeffBooth/status/1292143427480518656

The art of contrary thinking:
https://twitter.com/jsmian/status/1292413589882646528

On Defi in China:
https://twitter.com/celiawan2/status/1291795359958806530


Articles

A deep dive in Bitcoin’s value proposition by Adamant Research – email required (highly recommended):
https://docsend.com/view/ijd8qrs

Hodlers matter and here’s why:
https://www.danheld.com/blog/2019/1/6/hodlers-are-the-revolutionaries

7 flaws of the legacy monetary system:
https://medium.com/@ssaurel/the-seven-deadly-sins-of-the-current-monetary-and-financial-system-that-will-cause-its-collapse-41e4361679fb

New Bitcoiners are on the way:
https://hackernoon.com/here-comes-a-new-wave-of-mainstream-bitcoin-adopters-ot4j3y9o

Why a 51% attack on the BTC network isn’t as attractive as it may seem:
https://cointelegraph.com/news/why-chinese-miners-wont-stage-a-51-attack-on-bitcoin

A DeFi legend considers moving on:
https://decrypt.co/37995/exclusive-yfi-andre-cronje-broke-quitting-defi

A tale of a rotten YAM (recommended):
https://www.coindesk.com/yams-market-cap-falls-from-60m-to-zero-in-35-minutes

Beware DeFi rollouts (recommended):
https://twitter.com/lawmaster/status/1294120639792652288


Podcasts

Pomp talks Bitcoin and beyond (recommended)

https://open.spotify.com/episode/62ZfzaizWlXtYQPC11XfQm

How Bitcoin fixes banking (recommended):

https://open.spotify.com/episode/6wdI6e5eokR1ipid9aDQGj?si=w3-97wunTtW62tQQ8q4DVw

YouTube

Always lighthearted but nonetheless informative perspectives on Bitcoin:


Ethereum basics by some-one who wrote a book on it (highly recommended):


Another wide-ranging cryptosphere discussion from Colin:


What is yield farming – a clear explanation (highly recommended):


Data analytics explained:


Infographics

ChainLink has some competition:

twitter.com/CapitalistDog1/status/1291937366983225351/photo/1


DeFi ecosystem continues to expand:

https://twitter.com/Block_Ark/status/1291707457635377152/photo/1


Is this you? If you are an investor – it matters:

https://twitter.com/EsotericExposal/status/1292373813980622848/photo/1


Website / Utility

If you’ve got a lot of Bitcoin questions – this website has a lot of answers:

https://bitcoin.stackexchange.com/questions?tab=Votes


Another fascinating week in crypto. It’s only getting started. As always, looking forward 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.

Related posts

The Sunday Recap – Down the Rabbit Hole

cryptos-decrypted

Steem….Likely Goes Lower From Current Price

rollandthomas

Binary Options on EOSIO $EOS www.dragonoption.io

heyimsnuffles

Get involved!

Comments

No comments yet
Skip to toolbar