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A crypto strategist who correctly called the Bitcoin collapse in May 2021 is predicting a meteoric ascent for the crypto king (BTC) in the coming years.
Pseudonymous analyst Dave the Wave tells his 130,200 Twitter followers that Bitcoin could ascend to $350,000 by December 2027 based on his logarithmic growth curve (LGC) model.
“Though $350,000 might be…”
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Show Notes / News Resources:
✔ Elon Musk alleges SBF Donated Over $1B to Democrats: https://bit.ly/3B7e4Ad
✔ Will Grayscale Be The Next FTX? https://bit.ly/3umfiDR
✔ Alameda Invested $1.15B in Genesis Digital: https://bit.ly/3H8WzmN
✔ Genesis Allegedly Owes $900M to Gemini’s Clients: https://bit.ly/3iFiZSk
✔ Wave of Mysterious Deaths in Crypto: https://bit.ly/3XUiYds
✔ $350K Bitcoin Prediction: https://bit.ly/3VN3JkT
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
#bitcoin #crypto #bitcoinnews
The Dark Side of Cryptocurrency Transactions
During the past week, the discussion about the metaverse has reached fever pitch. Those in Silicon Valley believe that the metaverse is the next big leap in modern technology. However, the discussion has been mostly without any mention of the security of transactions. While the discussion may seem like a joke at first glance, it’s actually a serious matter.
The metaverse is a fictional iteration of the internet that allows users to interact in the virtual world. It’s facilitated by augmented reality headsets and blockchain-based systems. However, the technology is still in its infancy.
Currently, the metaverse is populated by non-fungible tokens (NFTs), which are a type of virtual currency that are traceable on the blockchain. These are used for transactions and to distribute revenue earned by the platform. Some of the most popular metaverses include Axie Infinity, SecondLive, and Decentraland.
Some of these in-game tokens are designed specifically for use in a specific metaverse environment, while others are meant for general use. These tokens can be exchanged for other currencies.
Axie Infinity Shards are a type of in-game token that can be earned through staking, winning tournaments, breeding, or by participating in matches. These tokens can be used for transactions and staking, voting on community treasury funds, and purchasing voting rights.
Some of the most popular metaverses are Axie Infinity, SecondLive, Decentraland, and Bloktopia. These virtual worlds are populated with avatars and decorated with NFTs.
Those who are interested in investing in the metaverse should be aware of the dark sides. These include high volatility of most cryptocurrencies, money laundering, trading scams, and regulatory uncertainty.