looking back with a full cycle in the rear view
I might squeeze myself in with a small and dubious reference to my last post about Coinbase. The company is sketchy af. For me the last 10K is a bit confusing.
just checked it out and agree - it's a $1b company - but all the attention will probably prop up the price for another year or two.
Great article Fais. Your articles deserve WAY more views. Don't stop doing the good work!
thank you Jordan, much appreciated!
I'd love to hear your thoughts about this article: https://www.coindesk.com/markets/2023/01/04/binance-controlled-92-of-bitcoin-spot-trading-volume-at-end-of-2022-arcane-research/
This seems to be like a huge house of cards. If Binance ever falls (which I think it will eventually) -- Bitcoin's price could get ugly.
oh absolutely! And we don't even know how much of binance's volumes are real - I'd bet most aren't. I wrote another article on the same subject: https://startupsandecon.substack.com/p/bitcoins-end-tether-binance-and-the/
I might squeeze myself in with a small and dubious reference to my last post about Coinbase. The company is sketchy af. For me the last 10K is a bit confusing.
just checked it out and agree - it's a $1b company - but all the attention will probably prop up the price for another year or two.
Great article Fais. Your articles deserve WAY more views. Don't stop doing the good work!
thank you Jordan, much appreciated!
I'd love to hear your thoughts about this article: https://www.coindesk.com/markets/2023/01/04/binance-controlled-92-of-bitcoin-spot-trading-volume-at-end-of-2022-arcane-research/
This seems to be like a huge house of cards. If Binance ever falls (which I think it will eventually) -- Bitcoin's price could get ugly.
oh absolutely! And we don't even know how much of binance's volumes are real - I'd bet most aren't. I wrote another article on the same subject: https://startupsandecon.substack.com/p/bitcoins-end-tether-binance-and-the/