Bitcoin market, cycles & ETF flows
Timeline of BTC price action, halving-cycle milestones, ETF flows and correlations with macro liquidity.
🖼️ Inscriptions demonstrate the versatility of the Bitcoin blockchain, enabling storage of arbitrary data. From artwork to text, the possibilities are endless. Ordinal Theory opens new avenues for creativity and innovation on the blockchain.
🛠️ Meet the ord tool! It serves as an index, block explorer, and wallet for exploring the world of inscriptions. With ord, you can generate, manage, and interact with your own inscriptions on the Bitcoin blockchain
🛠️ Meet the ord tool! It serves as an index, block explorer, and wallet for exploring the world of inscriptions. With ord, you can generate, manage, and interact with your own inscriptions on the Bitcoin blockchain
🔒 When an address becomes the owner of an inscription on the Bitcoin blockchain, it gains the ability to transfer that inscription. This ownership is secured and verified by the Bitcoin network itself
🔒 When an address becomes the owner of an inscription on the Bitcoin blockchain, it gains the ability to transfer that inscription. This ownership is secured and verified by the Bitcoin network itself
🗂️ So, how does arbitrary data get stored on the Bitcoin blockchain using ordinals? Inscription content is serialized and included in the input of a reveal transaction, giving life to new forms of digital artifacts
🌱 Taproot addresses play a crucial role in enabling inscriptions. They leverage the power of the Taproot upgrade on the Bitcoin blockchain, providing the necessary flexibility to store arbitrary content within a transaction
🔍 We can track a single satoshi using these inscriptions. This allows us to trace its journey across transactions, from one taproot address to another. The first satoshi of the first output becomes the vessel for the inscription
🗂️ So, how does arbitrary data get stored on the Bitcoin blockchain using ordinals? Inscription content is serialized and included in the input of a reveal transaction, giving life to new forms of digital artifacts
🌱 Taproot addresses play a crucial role in enabling inscriptions. They leverage the power of the Taproot upgrade on the Bitcoin blockchain, providing the necessary flexibility to store arbitrary content within a transaction
🔍 We can track a single satoshi using these inscriptions. This allows us to trace its journey across transactions, from one taproot address to another. The first satoshi of the first output becomes the vessel for the inscription
📝 An inscription is an arbitrary piece of data attached to an individual satoshi, transforming it into a Bitcoin-native digital artifact. It's like a digital signature, representing something unique and valuable
📝 An inscription is an arbitrary piece of data attached to an individual satoshi, transforming it into a Bitcoin-native digital artifact. It's like a digital signature, representing something unique and valuable
🧠 Ordinal Theory assigns serial numbers to satoshis, the smallest unit of Bitcoin. These ordinal numbers are assigned in the order satoshis are mined, giving each a unique identity and opening the door to a world of possibilities
🧠 Ordinal Theory assigns serial numbers to satoshis, the smallest unit of Bitcoin. These ordinal numbers are assigned in the order satoshis are mined, giving each a unique identity and opening the door to a world of possibilities
What if I told you that Bitcoin is not just about money, but it can also store arbitrary data?
In this thread I will explain in detail the fascinating world of Ordinals and Inscriptions, where individual satoshis become more than just digital currency
What if I told you that Bitcoin is not just about money, but it can also store arbitrary data?
In this thread I will explain in detail the fascinating world of Ordinals and Inscriptions, where individual satoshis become more than just digital currency
🌍 In conclusion, the Ordinal Protocol on Bitcoin opens up new possibilities for tracking, trading, and collecting satoshis, as well as creating digital artifacts. It's a valuable addition to the blockchain ecosystem! 🌟🌊
👩🎨 Why inscriptions matter for artists: They're on Bitcoin (high status), have cheaper on-chain storage, unlock new liquidity, and are designed specifically for digital artifacts. This offers unique advantages compared to other NFT platforms. 🎭🚀
👩🎨 Why inscriptions matter for artists: They're on Bitcoin (high status), have cheaper on-chain storage, unlock new liquidity, and are designed specifically for digital artifacts. This offers unique advantages compared to other NFT platforms. 🎭🚀
🧪 Comparisons to other platforms: Ordinal Protocol has been designed specifically for digital artifacts, offering a simpler and more polished user experience compared to second-layer asset protocols like RGB and Taro. 🖼️🌟
🧪 Comparisons to other platforms: Ordinal Protocol has been designed specifically for digital artifacts, offering a simpler and more polished user experience compared to second-layer asset protocols like RGB and Taro. 🖼️🌟
⚠️ The key differences between Ordinal Theory's inscriptions and Ethereum NFTs:
- Inscriptions are always immutable🔏
- Content is always on-chain💾
- Inscriptions are simpler and more secure🛡️
- They're scarcer, unlocking new markets💰
⚠️ The key differences between Ordinal Theory's inscriptions and Ethereum NFTs:
- Inscriptions are always immutable🔏
- Content is always on-chain💾
- Inscriptions are simpler and more secure🛡️
- They're scarcer, unlocking new markets💰
🧩 How does it work? Ordinal numbers are assigned to satoshis as they're mined. A simple algorithm is used to determine how satoshis move from inputs to outputs in transactions, maintaining their unique identities. 💹🔀
🧩 How does it work? Ordinal numbers are assigned to satoshis as they're mined. A simple algorithm is used to determine how satoshis move from inputs to outputs in transactions, maintaining their unique identities. 💹🔀
🔑 The power of Ordinal Theory: Collecting, trading, and scheming!🤝 By assigning identities to satoshis, they become individually trackable and tradable for numismatic value. Plus, it enables inscriptions: a protocol to attach content to satoshis! 🎨🔐
🔑 The power of Ordinal Theory: Collecting, trading, and scheming!🤝 By assigning identities to satoshis, they become individually trackable and tradable for numismatic value. Plus, it enables inscriptions: a protocol to attach content to satoshis! 🎨🔐
🛠 Does Ordinal Theory require a side chain, separate token, or changes to Bitcoin? NO! It works right now with only bitcoin as the token, making it a seamless addition to the ecosystem.🌱🔄
🤔 What is Ordinal Theory? It's a protocol for assigning serial numbers to satoshis, the smallest unit of a bitcoin, and tracking their transactions. Imagine giving each satoshi a unique identity, like a collectible item! 💎🔗
🚀 The Bitcoin Ordinal Protocol Explained: an innovation which allows for tracking, trading, and collecting digital assets on the Bitcoin network!
⚡️Powers BRC20 & SBC20
💥 Let's dive into this fascinating protocol and explore its significance Blockchain Crypto
(a thread 🧵)
🛠 Does Ordinal Theory require a side chain, separate token, or changes to Bitcoin? NO! It works right now with only bitcoin as the token, making it a seamless addition to the ecosystem.🌱🔄
🤔 What is Ordinal Theory? It's a protocol for assigning serial numbers to satoshis, the smallest unit of a bitcoin, and tracking their transactions. Imagine giving each satoshi a unique identity, like a collectible item! 💎🔗
🚀 The Bitcoin Ordinal Protocol Explained: an innovation which allows for tracking, trading, and collecting digital assets on the Bitcoin network!
⚡️Powers BRC20 & SBC20
💥 Let's dive into this fascinating protocol and explore its significance Blockchain Crypto
(a thread 🧵)
🚨📈 #Crypto DOWN‼️
Exactly as I pointed out yesterday
💡Markets are very easy to predict, you just have to listen at what they're saying
Always remember: #DeFi on-chain data is your friend
🚨📈 FIRST INDICATION OF #CRYPTO DOWNTREND
$ETH supply APY at 3% on #AAVE, the highest value this month
🩳The market is starting to short $ETH
💡REMINDER: Unfollow everyone saying that #Bitcoin is in a #BullMarket, as they have no idea what they are talking about
🚨📈A bounce back into the upper part of the previous weekly rectangle is NOT a #BulMarket signal
#Bitcoin will fall back down. So will the rest of the #crypto. Lower than previously
Prepare your #shorts
🚀 #Bitcoin #BullMarket CONFIRMED
🚨 You MUST unfollow every single person saying that Bitcoin and #crypto entered a bull market, because they have no idea what they are talking about
➡️I challenge anyone to show me a single sign of reversal. There is none #TA
🚨 Despite the Goldman Sachs's statement regarding rate hikes and bank bailouts, currently the market is fully expecting a rate hike by 25bps
Although things may change, specially with the Biden's speech
In either case, QE is not yet back, so no bull market for #Bitcoin
Failing banks will tank price of #Bitcoin down with them, because most of money in Bitcoin are loans from those same banks
🚨📈Bank failures will NOT drive $BTC price up
Most of crypto is financed by DEBT
As banks like SVB are failing, both the stock market and crypto prices will fall on Monday
How to profit:
1️⃣ Short #crypto
2️⃣ Buy #gold
3️⃣ Swap crypto for gold
