I've been building a web3 Reddit over the last couple months called https://zsync.xyz. It's a community forum site where the goal is to foster deeper, high quality, in-depth discussion (if you just want 280 characters there's already Twitter and Reddit) and ultimately be fully decentralized, open source, and community-run. I have many frustrations with Reddit … Continue reading I’m Building a Web3 Reddit – zsync.xyz
Category: crypto
I’m Bearish Macro and Short Cardano
1-2 weeks ago I sold all my altcoins into ethereum and USDC, sold my last bitcoin, and shorted Cardano (on dydx). The only crypto I own at this point is my big stash of staked ethereum, which are long-term holdings. My reason for shorting Cardano was initially moreso to hedge my long eth position (as … Continue reading I’m Bearish Macro and Short Cardano
Why I’m Dollar Cost Averaging Into the Dip
The markets are tanking and everyone sh*tting their pants. Meanwhile I've been heavily dollar-cost averaging into ethereum and staking it, betting that in 1-3 years ethereum will hit $10-25k, and $50k+ in 5-10 years. Sure ethereum could still drop another 50+%. If that happens, I'm loading up even more, and would even consider taking on … Continue reading Why I’m Dollar Cost Averaging Into the Dip
Ethereum Price Supply & Demand Analysis and Projections
Here's why I'm bullish on the ethereum price Prices are driven by supply and demand. Let's examine both: Supply will start reducing Ethereum's 2.0 "merge" upgrade will make ethereum deflationary. Increasing staking yields will also attract people to hold and stake (ie. lock away) their eth, and validators under Proof of Stake will be less … Continue reading Ethereum Price Supply & Demand Analysis and Projections
Why I’m So Bullish Ethereum
I'm extremely bullish on ethereum and believe it will become a major world asset. On top of being a store of value, ether is the fuel for the world's new programmable financial system, digital assets, and governance. I'm convinced that ethereum will hit $1-2 trillion in market cap (currently at $335b) within the next couple … Continue reading Why I’m So Bullish Ethereum
Moonbirds, and the NFT Community Future
Moonbirds is generating a lot of buzz in the NFT space right now, having launched on April 16th and generating $280m in sales in two days, more than Bored Ape Yacht Club. Moonbirds consist of 10,000 images of owls. Moonbirds was created by PROOF Collective, an NFT group co-founded by Kevin Rose, creator of Digg. … Continue reading Moonbirds, and the NFT Community Future