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How to Become a Cryptocurrency Thought Leader on Twitter

Thought leading is a complicated profession. Thanks to the emergence of cryptocurrency, it has also been one of the fastest growing fields…

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Bernhard Mueller

Thought leading is a complicated profession. Thanks to the emergence of cryptocurrency, it has also been one of the fastest growing fields of the past decade. This article outlines simple rules to get you started on this rewarding career path. It doesn’t reflect the opinion of my employer.

Thought leaders exhibit extraordinary abilities, such as levitating objects, tricking minds, and seeing things before they happen.

The most beautiful thing about the Internet is that it gives equal opportunity to all: Even a stable boy from a remote planet can wield the power of thought leading as long as there’s WiFi. On the other hand, shaping cryptocurrency narratives in the minds of millions of people is not something one achieves without proper training. It’s an exasperating journey. You’ll find yourself fighting many a battle along the way — both against enemy thought leaders and your own internal demons. Here are some basic pointers to get you started.

Leverage your personal blend of expertise. You excel as a Monopoly player? Then you are qualified to speak on the complex, dynamic global interplay of monetary economics, world politics and financial markets. Think out of the box and don’t be afraid to explore new territories.

Twitter thought leaders have a knack for exploring new territories. Mainstream “experts” can go f*** themselves.
Exploit the inverse relationship between number of likes and complexity of the information conveyed.

The “keep-it-simple” rule also applies to humorous tweets. Avoid multi-layered approaches which will only confuse 99% of your audience. For instance, people sometimes say things in an overtly exaggerated ways but don’t actually mean it — this is called sarcasm. This doesn’t work in an environment where absurd claims are the norm. Avoid sarcasm on Crypto Twitter because there’s absolutely no way to tell if you’re being sarcastic or not.

It’s impossible to tell if you’re being serious on Crypto Twitter.

To reach the epitome of thought leadership consider crafting a tweetstorm and pinning it to your profile. A tweetstrom consists of you responding to yourself over and over again with cherrypicked numbers, charts, statistics, quotes and references that support your prefabricated opinion. Expect some trolling in the responses. Remember that only a select few possess the exceptional IQ and relentless objectivity you were gifted with at birth.

Nugget of wisdom 27d/66
  • Chart patterns. For example, when the price successfully tests the Fibonacci support line, the 5-day EMA breaks through the 90-day EMA and the RSI screams “oversold” then there’s a 50% probability that it will go even higher in some arbitrary timeframe. Besides the hard science there is also a psychological aspect: If enough traders expect a dinosaur to form on the candlestick chart it becomes a self-fulfilling prophecy.
By using patterns such as head-an-shoulders, Bart Simpson and a dinosaur you’ll be able to predict price movements with up to 50% accuracy.
  • External events. Take Chinese New Year for example: Literally billions of Chinese suddenly need cash for presents and booze. Where does all cash come from? That’s right, selling crypto. Conversely, when Wall Street bonuses are paid out, what will the bankers do? Buy tons of cocaine. And how does one pay for cocaine anonymously? That’s right, Monero.
  • Whether you like or dislike the coin. Price increases in coins you dislike are the result of manipulation by whales and stupidity of market participants and will only be sustained in the short term. Eventually the markets will realize their mistake and price in actual fundamentals. At that point, a special moon citadel for the super-rich will be built and guess who’ll be on the first space rocket.

Advise people to invest in your coin of choice but also mention that it’s not investment advice.

Not investment advice

Basic trolling is easy: Become a cryprocurrency maximalist of coin A, then do the exact opposite with respect to coin B (cryptocurrency negativist). The premise is as follows:

In comparison to A, which is a revolutionary gift to mankind, B is utterly irrelevant — a sad little flame, barely kept glimmering by paid shills and unsuspecting simpletons. Even though it’s hardly worth your time, you have taken up the arduous task of constantly tweeting about B. Your mission is to inform the unsuspecting public and perhaps save a misguided soul or two (those who don’t believe you will learn their lesson soon enough).

Adversarial thinking

It is difficult to point to concrete factors that separate the universally beloved adversarial thinker from an unpleasant jerk. Adding a sprinkle of irony and self-deprecation and dropping subtle hints at a good heart behind the scary surface will increase your chances of becoming a well-renowned adversarial thinker.

Trolling is a subtle art: The specimen shown on the left is universally beloved while the specimen on the right is universally disliked.
Bro, do you even lead thought? (credit: Haon)

TL;DR

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Source: https://medium.com/coinmonks/how-to-become-a-cryptocurrency-thought-leader-on-twitter-f10ac1c26488?source=rss——-8—————–cryptocurrency

Blockchain

EGLD Technical Analysis: Breakout of Price Beyond $240.83 Seen, Bullish Day Ahead

EGLD Technical Analysis: Breakout of Price Beyond $240.83 Seen, Bullish Day Ahead

Rate this post Elrond is described as a part of the technology ecosystem for the new internet, including, fintech, decentralized finance, and even the Internet of Things. Elrond platform is capable of performing 15,000 transactions per second, with a latency of six seconds. Let us look at the technical analysis of EGLD. Past Performance On September 16, 2021, EGLD started trading at $241.89. As of September 22, 2021, the closing price of EGLD was $230.51. Thus, in the past week, the EGLD price has decreased by roughly 4.90%. And, in the last 24 hours, EGLD has traded between $202.34-$241.99. https://www.tradingview.com/x/iqVxlFYS/ EGLD Technical Analysis The EGLD price is in a regression trend, which is trading in an upward direction. The price takes support from the support line of the trend and bounces back to the mid-range level. Currently, the price is trading near the mid-range and its long-term resistance level. As per the Elrond market behavior, we can expect it to give a breakout from this range.  Let us see what the indicators are indicating: Currently, EGLD is trading at $240.83. The price has increased from the opening price. Thus, we can witness some bullish momentum in the EGLD token. However, on the chart, we can see that the price is trading in an upward direction. A breakout can be on the horizon. On the daily chart, the MACD and Signal lines are in the positive zone. Moreover, by forming a bearish crossover by the MACD line over the Signal line. Thus, the overall market momentum is bearish, and we can expect the EGLD price to fall. However, both the lines are close to the zero lines and may change signs soon. Thus, there may be a trend reversal on the horizon. The RSI indicator is at 57%. It is currently resisting itself to move upward. Thus, the buying pressure can be seen mounting slowly. Hence, we can expect the price to rise again after a few hours. Day-Ahead and Tomorrow The EGLD price has fallen below the Fibonacci pivot point of $250. As some of the oscillators have shown bullish signals, we can expect the price to rise above the Fibonacci pivot level of $249.35 soon. A breakout from this level will highlight the next resistance at $273. The price has tested and fallen below the 23.6% FIB retracement level of $249.37. If the price falls below the 23.6% FIB extension level after some time, this implies that the price downtrend is strong. In that case, the price downswing is likely to continue tomorrow as well. Furthermore, the price can retest the support level at $202.87.

The post EGLD Technical Analysis: Breakout of Price Beyond $240.83 Seen, Bullish Day Ahead appeared first on Cryptoknowmics-Crypto News and Media Platform.

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Elrond is described as a part of the technology ecosystem for the new internet, including, fintech, decentralized finance, and even the Internet of Things. Elrond platform is capable of performing 15,000 transactions per second, with a latency of six seconds. Let us look at the technical analysis of EGLD.

Past Performance

On September 16, 2021, EGLD started trading at $241.89. As of September 22, 2021, the closing price of EGLD was $230.51. Thus, in the past week, the EGLD price has decreased by roughly 4.90%. And, in the last 24 hours, EGLD has traded between $202.34-$241.99.

TradingView Chart

EGLD Technical Analysis

The EGLD price is in a regression trend, which is trading in an upward direction. The price takes support from the support line of the trend and bounces back to the mid-range level. Currently, the price is trading near the mid-range and its long-term resistance level. As per the Elrond market behavior, we can expect it to give a breakout from this range.  Let us see what the indicators are indicating:

Currently, EGLD is trading at $240.83. The price has increased from the opening price. Thus, we can witness some bullish momentum in the EGLD token. However, on the chart, we can see that the price is trading in an upward direction. A breakout can be on the horizon.

On the daily chart, the MACD and Signal lines are in the positive zone. Moreover, by forming a bearish crossover by the MACD line over the Signal line. Thus, the overall market momentum is bearish, and we can expect the EGLD price to fall.

However, both the lines are close to the zero lines and may change signs soon. Thus, there may be a trend reversal on the horizon.

The RSI indicator is at 57%. It is currently resisting itself to move upward. Thus, the buying pressure can be seen mounting slowly. Hence, we can expect the price to rise again after a few hours.

Day-Ahead and Tomorrow

The EGLD price has fallen below the Fibonacci pivot point of $250. As some of the oscillators have shown bullish signals, we can expect the price to rise above the Fibonacci pivot level of $249.35 soon. A breakout from this level will highlight the next resistance at $273.

The price has tested and fallen below the 23.6% FIB retracement level of $249.37. If the price falls below the 23.6% FIB extension level after some time, this implies that the price downtrend is strong. In that case, the price downswing is likely to continue tomorrow as well. Furthermore, the price can retest the support level at $202.87.

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Source: https://www.cryptoknowmics.com/news/egld-technical-analysis-breakout-of-price-beyond-240-83-seen-bullish-day-ahead/

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Blockchain

Bitcoin.org Hacked, Showing Sign of “Double Return Bitcoin” in Gift Scam


Bitcoin.org, an open-source and peer-to-peer platform focused on bitcoin development, was hacked this Thursday morning by showing bitcoin’s giveaway activities. (Read More)

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Bitcoin.org, a peer-to-peer (P2P) and open-source platform focused on bitcoin development was hacked this Thursday morning by showing bitcoin’s giveaway activities.

Starting at about 05:44 UTC on Thursday, a sign of “This website cannot be accessed” displayed on the Bitcoin.org website.

After that, an aside window popped up on the Bitcoin.org homepage, asking users to deliver Bitcoins to a dedicated address with an attached QR code and address, and claimed that it would be returned in double in the future.

The news stated that the campaign was targeted at the bitcoin foundation to give back to the user community that it has always supported and was limited to the first 10,000 users.

Bitcoin.org is not affiliated with the Bitcoin Foundation, but the site often appears when users search for bitcoin on search engines.

At present, the direct URL of the website cannot be accessed, and other subpages cannot operate normally.

The user is promised a doubled false promise through false gift fraud after transferring encrypted assets to this wallet address, causing the user to lose the transferred bitcoin.

According to the data on the chain, the receiving address has received 0.4 BTC in the past few hours, with a total value of more than $17,700.

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Source: https://Blockchain.News/news/bitcoin.org-hackedshowing-sign-double-return-bitcoin-gift-scam

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Bitcoin, Ether, or XRP – The crypto of choice for terror funding is…

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It has been a tense time for Coinbase. The crypto-exchange recently felt the regulatory squeeze when the United States SEC reportedly threatened to sue if Coinbase launched its high-interest crypto product – Lend.

These developments, however, haven’t stopped the exchange from highlighting its efforts towards compliance. A recently-released Twitter thread is a case in point.

The crypto-exchange yesterday shared statistics about cryptocurrencies’ link to global terrorism, and what it is doing to combat the threat.

Coinbase investigates

Cryptocurrency’s “links” to terrorism are a major reason behind the FUD among international policymakers and regulators.

And yet, a report by Coinbase’s Special Investigations Team found that “illicit activity” made up less than 1% of all activities in the crypto-space in 2020. This was an observation arrived at after looking at the BTC, ETH, LTC, BCH, and XRP blockchains or ledgers.

About terrorism, the report stated,

“Further breaking down illicit activity, we find that transactions associated with terrorist financing (TF) in 2020 made up less than 0.05% of all illicit volume. As such, terror funding in cryptocurrencies remains extremely low in overall terms.”

It’s worth noting, however, that the report identified the Palestinian militant group Hamas as having raised the most funds among terrorist organizations.

Do terrorists have any preferences?

According to the said report, Hamas has collected more than $750,000 in Bitcoin since 2018. After Hamas, the Saudi-led jihadi activist movement has raised more than $250,000 in Bitcoin and altcoins. In third place, came an Al Qaeda-related exchange service.

Source: Coinbase Blog

Bitcoin was the most prominent crypto in terrorism financing, but the report also identified the growing popularity of altcoins such as XRP and Ether.

Bitcoin’s popularity could be due to its status as the biggest crypto and the coin’s relative stability. Meanwhile, XRP’s use case is similar to the cross-border hawala remittance practice common in Middle Eastern and South Asian cultures.

In order to stop terror funding campaigns, Coinbase claimed it would “blocklist” crypto-addresses related to such institutions, use its analytics, and work with agencies like the FBI.

Analyzing Hamas

Put simply, the Palestinian organization aims to destroy Israel. It has two main components – A military force and a social welfare arm.

In 2020, Chainalysis reported how the organization’s Izz ad-Din al-Qassam Brigades (AQB) launched multiple campaigns to raise Bitcoin donations. Their tactics included instructional videos for both basic and experienced tech users, as well as unique payment addresses for every donor.

While crypto-terror funding is a small part of the vast DeFi sector, traders can expect to see more exchanges and companies keeping a watch on organizations classified as terror groups.

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Source: https://ambcrypto.com/bitcoin-ether-or-xrp-the-crypto-of-choice-for-terror-funding-is

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