TL;DR: CoinSpice scours the Twittersphere to shine light upon the top crypto tweets of the week. The market humbles as it roared again, just not in the direction most anticipated. And if you’re doing well, best not to flash your wealth. Lil’ Moon offers commiseration. Customs declaration forms remind us just how new crypto is to the mainstream world. Largest Lightning Node operator explains why he shut it down, and cryptocurrency’s main use case is demonstrated right here, right now.
Tweets of the Week: #7 Market Humbles
There are a lot of lessons to be gleaned from market downturns. The benefits of saving, diversifying a portfolio, and doing due diligence before investing are probably chief reminders to focus on fundamentals. Jeffrey Tucker of AIER gives his usual pithy, profound take.
My crypto prediction is as follows: anyone who imagines some market valuation independent of an actual use case for consumers will be humbled by market forces.
— Jeffrey A Tucker (@jeffreyatucker) September 25, 2019
#6 All Our Crypto was Lost in a Tragic Boating Accident
"…always travels with a flash drive–typically loaded with millions of dollars in cryptocurrency"
The should have titled this "How clout chasing can get you kidnapped" https://t.co/X675c4Ibap
— 🎙Did You Know Podcast (@DustinDry1st) September 23, 2019
#5 Grave Dancing
The fun thing about drops like this is how it makes recent posts look pic.twitter.com/5w8RY54BYz
— 𝐕𝐢𝐥𝐞 𝐃𝐚𝐯𝐢𝐬 🐺🦊 (@karbonbased) September 25, 2019
#4 We Mourn Together in Song
I thought you were cool, you looked like a bull to me 😥 pic.twitter.com/ZN9NocgIGP
— lil bubble 📉 (@TheCryptoBubble) September 25, 2019
#3 Governments are Still Way Behind
Do I need to tell them about my Bitcoin?🤣🤣 pic.twitter.com/MryA9Q0VIe
— Ran NeuNer (@cryptomanran) September 29, 2019
#2 Constant Anxiety was the Deciding Factor
I've been asked quite a bit why I took down the largest Lightning Network node, https://t.co/qyZuo0bcVL. Constant anxiety was the deciding factor.
> When a channel is created, the receiver of the channel was not required to verify the amount of the funding transaction
— Andreas Brekken (@abrkn) September 28, 2019
#1 Crypto’s Use Case: Right Here, Right Now
— Roger Ver (@rogerkver) September 29, 2019
CONTINUE THE SPICE and check out our piping hot VIDEOS. Our podcast, The CoinSpice Podcast, has amazing guests. Follow CoinSpice on Twitter. Join our Telegram feed to make sure you never miss a post. Drop some BCH at the merch shop — we’ve got some spicy shirts for men and women. Don’t forget to help spread the word about CoinSpice on social media.
DYOR: CoinSpice is your home for just spicy crypto things. We’re not affiliated with any cryptocurrency project or token. Each published piece is intended for information purposes only, not investment advice and not in the hope of impacting speculative markets. There are plenty of trading sites and coin-specific advocacy journals out there, we’re neither. CoinSpice strives for rigorous accuracy in our reporting. Information presented here is contingent usually on a host of factors, and the ecosystem moves fast — prices change, projects change, and at warp speed. Do your own research.
DISCLOSURE: The author holds cryptocurrency as part of his financial portfolio, including BCH.