It's probably going to be a tough market in the short term, but the interest rate hikes of 22' is exactly what the economy needs right now. Reducing access to cheap loans should curb the frenzied markets, at least somewhat. (Though given how low the rates are projected to be, probably not enough.) What does this mean for crypto? Well, that's the big question...
Having been through a few crypto bear markets before, weeks like these ones don't really come across as a surprise anymore. Yes, crypto goes up a lot, but down a lot, too. It's part of the process. But bear and "winter" markets are actually the best time to do research since the grifters get quiet and there's a lot less noise out there to deal with. The chart...
Decentraland (MANA) has recently added royalties payments to their wearables market -- it might seem like a small thing right now, but testing out economies in "for fun", low-risk products like avatars pave the way towards more serious applications like NFTs, copyright, and asset markets later on. Right now, the crypto community is still unlearning the bad habits...
Decentraland (MANA) has recently added royalties payments to their wearables market -- it might seem like a small thing right now, but testing out economies in "for fun", low-risk products like avatars pave the way towards more serious applications like NFTs, copyright, and asset markets later on. Right now, the crypto community is still unlearning the bad habits...
Inflation Hits 7% in the US -- Is this Good or Bad for Crypto? It depends on how the Federal Reserve responds and how much faith people will have in the USD after the recession hits. Also forgot to mention in the video that crypto is considered an "inflation friendly" asset because it's not beholden to supply chain issues like traditional assets are.
Gavin Newsom has been bragging about CA's $31B surplus this year but we know that the state has been struggling for a while now. A locked-down economy and people/jobs leaving the state will kind of do that. CA owes the Feds $21B in unemployment debt, btw. www.sacbee.com Looking at the budget closer, you'll see that they gave educational institutions a modest...
The recent downturn in the crypto market has people feeling down, but here's why bear markets are actually the best times to DYOR. Projects (especially smaller ones) that "bounce back" during downturns (even if it doesn't immediately get back to its ATH) is usually an indicator of resilience and project viability. It's easy to get caught up in the FOMO and the...
A quick and dirty overview of some of the major metaverse contenders out there, with a look at Decentraland, Cryptovoxels, The Sandbox Game, Somnium Space, Upland, Meta, Roblox. Check out ryangtanaka.eth or play.decentraland.org for my in-progress plot. Livestreams and ideas/videos upload to come soon.
Are we in a bubble? Probably. But which is really in a bubble right now? Crypto/NFTs/Metaverse assets, or the housing market in the "real" world? What is "real", anyway? And is the listing prices you see in real-estate really accurate right now? A closer look at the real vs virtual-world asset races.
At the end of every year, I usually write a predictions article for macro-level trends I expect to happen over the next year. 22' is the wildest one so far, even for me. The three pillars: economics (#crypto) - politics (#inflation) - culture (#NFTs) Original article: mirror.xyz
At the end of every year, I usually write a predictions article for macro-level trends I expect to happen over the next year. 22' is the wildest one so far, even for me. Full article here: mirror.xyz The three pillars: economics (#crypto) - politics (#inflation) - culture (#NFTs) Here’s a few things I’m expecting to happen in 2022 (this is focused on the US...
Facebook's Metaverse projects are already running into snags with lawsuits and regulations -- the companies that have a central point of control (which are many) will be susceptible to these threats, especially as their user-base starts to grow. A closer look at some of the metaverse projects out there in the running right now. Also a featuring a few open-source...
A little while ago I argued that virtual estate and real estate were inversely correlated -- as seen in the Evergrande example in China where Evergrande stock and MANA coin criss-crossed each other in terms of its ROI. It's yet to be seen how this will play out in the US real estate market but it seems likely that we'll start to see similar patterns emerge as time...
During market downturns I'm always on the lookout for coins that "break from the pack", so to speak -- this week's alpha wolf (alpha dog, sorry 😂) is surprisingly, Dogecoin. In the past I've expressed skepticism of $DOGE as a tool for getting rich, given that the community's strong emphasis on utility often put the coin at odds with the idea that it's a coin good...
Evergrande defaulting didn't have a negative impact on the metaverse coins like $SAND and $MANA -- but the US real-estate market may be next. What are the likely outcomes?
Play-to-earn games have been gaining a lot of traction lately, but how it does fit into the "metaverse" and its upcoming growth trajectories? An underlying trend worth looking at, imo.
$SHIB has that pattern where the price jumps in short spurts then sinks -- this is usually indicative of a project that's running on marketing hype rather than product. It then becomes a game of chicken between who sells first. It's going to get nasty, imo. After it's initial pump in October, it stabilized for a few weeks, which one could argue is the *real*...
It's always been a dream of mine to have a creative space where artists, intellectuals, entrepreneurs and activists could congregate and meet. High costs of living made this impossible but we might be able to do something similar in the #metaverse, which is the next best thing. I've already seen some amazing stuff in Decentraland and Cryptovoxels despite it being...