Qi Capital (@qi_capital) 's Twitter Profile
Qi Capital

@qi_capital

Crypto hive-mind, hardcapped to 40 members. A tribe of experienced investors, traders, apes, and diamond hands.

Public discord server: discord.gg/hN7QbN5p2C

ID: 1375399744000954370

linkhttps://qicapital.org/ calendar_today26-03-2021 10:50:36

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Not much has changed, $BTC and $XRP maxis reviving their 7+ years old rivalry is highly entertaining. We believe they are secretly in love ;-)

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Thorchain protocol is now practically risk-free and leverage-free, doing $200m in volume per day, and earning $200k in fees per day. The market cap is $750m. Even the most basic math tells us that is currently heavily undervalued. Don't listen ignorant day traders. $RUNE

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ThorFi essentially lost the race with time. If BTC.D was less persistent and topped at 55% sometime in July, the whole picture would look much more positive now. But the weakness would still be there. So in one way, it's better that ThorFi got exposed through market forces.

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The last 24 hours were brutal, and it truly felt like it was over. But we like this proposal, it has legs. Let the market decide whether Thorchain debt and protocol have any value. Considering that protocol continues to make large volumes, we believe this could work. $RUNE

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Many don’t remember, but originally, $RUNE had a maximum supply of 1 billion tokens. Then it got halved, and with the recent cut of emissions, another 1/3 is permanently removed from the max supply. Not shabby.

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Back to basics Back to no-nonsense DeFi Back to sustainable protocols rooted in real, provable value, without meme tokens and attention whoring. $RUJI $RUNE

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Trump admin missed the opportunity to set up higher goals. Imagine if the requirement for strategic reserve status were clearly defined: Market value Volumes Decentralization Code stability (Free from hacks) It would give teams something to aim for.

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This regulatory clarity around mixers (and indirectly crosschain protocols) is extremely bullish for Thorchain, Chainflip, Maya & co. Good stuff $RUNE $RUJI $FLIP $CACAO

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People don’t fail to understand Bitcoin, they fail to understand how broken the fiat system is. The understanding of Bitcoin comes naturally, once you figure out the true nature of the centuries-old Ponzi scheme.

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24% of $KUJI is still not merged into $RUJI, and they are clearly losing money due to their negligence. That got us thinking. Imagine a self-pruning protocol, where every 4 years you are required to merge into another token. Best burning mechanism ever ;-)

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This is Rujira's / Thorchain's opportunity, too. As an underdog, of course, but underdogs can run harder and faster, as history has taught us.