nano:native
Nano ( $XNO ) is still very capable of deviating slightly below its 2020 lows
While nothing is for certain, this corrective phase since the 2017 top is very reminiscent of a flat correction
It would be very normal from a macro technical perspective to see $XNO revisit, or as mentioned above, deviate below its 2020 low of 30 cents
However, it is still important to realize that this directional analysis is more-less applicable to the entire alt-coin market.. especially digital cash solutions
I do not expect Nano to deviate from the herd
If the bottom is already in, it simply means we experienced a rather funky running flat
If you are interested in learning more about Elliott Wave Principle, this is a wonderful free resource to get started
elliottwave-forecast.com/ell…
As far as we know, our Universe is infinite in all directions
It’s strange to think there is an incomprehensible amount of matter both ‘above’ and ‘below’ the Earth
Are human beings really a natural product of Earth?
Why do we stick out like a sore thumb when compared to the rest of the life on this planet?
I'm more than happy to be here, but it seems like everything would be more at peace without our presence
In some sense, we seem artificial
The idea of life starting from nothing is the most compelling evidence of a creator
How does non-living matter go on to create conscious beings?
As long as market optimism holds I expect Ethereum to start making its way to all-time highs
A new local low is always possible but it shouldn't change the general market structure
2025 should be a very positive time for alt-coins
I expect Bitcoin to find extreme resistance as it approaches $100k
Fib extensions, structural resistance, & Elliott wave all point towards a similar price target
That being said, If the price chooses to aggressively surpass $100k, then we could surely see a ‘blow off top’ scenario where price nearly doubles from here
If such a moves occurs, I would expect things to quickly retreat from those highs back to the original local target of $100k (give or take a few thousand dollars)
On the flip side, there is always a chance Bitcoin does not reach its intended target & peaks sooner rather than later. However, I’m very skeptical of this as momentum is undeniably strong
Happy speculating! #Bitcoin
Why did the Industrial Revolution happen so late?
Modern humans have existed for thousands of years. The people who were walking next to Jesus, building the pyramids, & fighting ancient wars had the same brain power as you & I
Yet, as far as we know, we didn't make any ‘major’ technological breakthroughs until the 16th century when the Industrial Revolution began. From there, humanity's relationship with technology has of course exponentially grown into something completely unrecognizable from the past
It messes with my head a bit when I put my thoughts through a hypothetical exercise - Suppose you took a picture of a town in the year 1100, & a town in the year 1400, would you be able to tell the difference between the two? My guess is no
Despite 300 years of progress into the future, the people in 1100 lived extremely similar lives to those in 1400. One could even make the case they lived similar lives to humans who came a thousand years before them
In humanity’s long reign of being the global apex predator, building massive empires & monuments, why didn't we harness electricity sooner? Why didn't we discover the ability to take photographs sooner? Why didn't we obtain the ability to fly sooner?
Im having a difficult time finding a reason why the Industrial Revolution couldn't have began 2,000 years ago in ancient Rome
Amazing article about the future of pitching velocity by @TheAthleticMLB
nytimes.com/athletic/5571107…
A few months ago I was speculating that AI (specifically AGI) will go on to invent more efficient throwing patterns that have yet to be discovered
Good to see more work/speculation being done on the future of athletics and human capabilities
Question / Thought for the Pitching Ninja (@PitchingNinja)
It’s no secret that pitching mechanics, training, & dieting have all evolved tremendously over the past century.
The bar to become an elite pitcher has been continuously raised since baseball’s inception, and I imagine this trend will continue into the foreseeable future as we learn more about the human body and its ability to generate speed/power.
While pondering about the future of baseball, I couldn’t help but think about what Artificial General Intelligence (AGI) will do to the game, and more broadly, all sports in general.
AGI is still a bit far off, but once created it will likely show us ways of throwing a baseball that we never imagined - unlocking a new ceiling of potential for efficiency in the way our bodies move.
I suppose a modern-day analogy to this would be the way computers are ‘solving’ the game of chess. Computers beat the best chess players in the world because they play in ways a human would never think to play.
Once AGI, or any other major breakthrough in biomechanics arrives, I’d imagine we will be looking at a different game.
Would love your thoughts!
Yesterday while getting a haircut I was shooting the shit with my barber about cryptocurrency - (he doesn't know much about it, but knows its one of my interests)
Sure enough, some guy overheard this convo, walked over, and immediately started telling us how XRP is going to $500
Bitcoin is finally eyeing $100k
Since the lows of Nov ‘22, Bitcoin has been moving upward in a very clear macro motive wave - assuming continuation, price should have no problem confidently breaking above its previous ATH
It should be noted that this analysis is pure speculation and a deeper correction could occur before a 5th wave is created
Invalidation of this idea is below $31k (red line)
#BTC
Question / Thought for the Pitching Ninja (@PitchingNinja)
It’s no secret that pitching mechanics, training, & dieting have all evolved tremendously over the past century.
The bar to become an elite pitcher has been continuously raised since baseball’s inception, and I imagine this trend will continue into the foreseeable future as we learn more about the human body and its ability to generate speed/power.
While pondering about the future of baseball, I couldn’t help but think about what Artificial General Intelligence (AGI) will do to the game, and more broadly, all sports in general.
AGI is still a bit far off, but once created it will likely show us ways of throwing a baseball that we never imagined - unlocking a new ceiling of potential for efficiency in the way our bodies move.
I suppose a modern-day analogy to this would be the way computers are ‘solving’ the game of chess. Computers beat the best chess players in the world because they play in ways a human would never think to play.
Once AGI, or any other major breakthrough in biomechanics arrives, I’d imagine we will be looking at a different game.
Would love your thoughts!
Upon further investigation, it’s clear that most of the DAG protocols are moving in tandem.
Using the same 2020 low as our benchmark, we can see that $HBAR & $VITE are moving right along with $XNO & $IOTA when it comes to their broader market structure.
Some people may find this information to be useless, but I find it to be very valuable.
Identifying similar market structures lets us peak through the lens that the market is using to view these assets.
This is proof of a narrative-driven market.
While each of these protocols has different functions, they are (more-or-less) being grouped together and viewed as one by market participants.
For a while now, I have maintained the outlook that $XNO is viewed as a digital cash solution by the market. However, its market structure lines up much better with other existing DAG protocols.
The only notable DAG protocol I left out was $KAS. I did so because it is still very new and is yet to establish any macro changes in price action - its chart is just up and to the right.
Be ready for DAG season.
