Montgomery Cristopher, CPA (@montycristocpa) 's Twitter Profile
Montgomery Cristopher, CPA

@montycristocpa

Decentralize Taxes
Missed Bitcoin at $69k
Degen $VOO HODLer

ID: 1594155605299806209

calendar_today20-11-2022 02:28:27

39 Tweet

13 Followers

153 Following

Montgomery Cristopher, CPA (@montycristocpa) 's Twitter Profile Photo

It would behoove those expecting a sentiment-contrary rally in the #Bitcoin price to look at the levels of open interest Capitulation is imminent - whether it be from legitimate crises or simply a second-generation speculative attack (i.e. self-fulfilling prophecy)

It would behoove those expecting a sentiment-contrary rally in the #Bitcoin  price to look at the levels of open interest

Capitulation is imminent -  whether it be from legitimate crises or simply a second-generation speculative attack (i.e. self-fulfilling prophecy)
Lucas Nuzzi (@lucasnuzzi) 's Twitter Profile Photo

1/ Over the past few weeks, my team at CoinMetrics.io has been obsessed with answering one question: How did Alameda manage to lose billions of dollars of FTX user funds? I think we've found some answers 👇🧵

1/ Over the past few weeks, my team at <a href="/coinmetrics/">CoinMetrics.io</a> has been obsessed with answering one question:

How did Alameda manage to lose billions of dollars of FTX user funds?

I think we've found some answers 👇🧵
Montgomery Cristopher, CPA (@montycristocpa) 's Twitter Profile Photo

If the price of Bitcoin approaches $19k again - in the midst of so much uncertainty - capitulation will be much more brutal, but likely faster than if it were to bleed slowly from $16k. Miners would be much happier to sell closer to their production costs - then the flush comes.

Montgomery Cristopher, CPA (@montycristocpa) 's Twitter Profile Photo

It's humorous to suggest that politicians, billionaires, and the like, are subject to "cancel culture". "Cancelling" is a social phenomenon - it does not degrade the power dynamic of those who were already outside of the social norm. Beware of those peddling these narratives.

Montgomery Cristopher, CPA (@montycristocpa) 's Twitter Profile Photo

The "pronouns" discourse is awfully disheartening. In a world where the human experience is so rich and complex, where there is so much fear - does the act of someone asking that their lived experience be shown a modicum of respect really come across as an attack on your values?