Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Disclosure: I'm a nocoiner.
All content for Unconfirmed is the property of Laura Shin and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Disclosure: I'm a nocoiner.
Willy Woo on Why It's 'an Extremely Great Time to Buy Bitcoin' - Ep.148
Unconfirmed
41 minutes
5 years ago
Willy Woo on Why It's 'an Extremely Great Time to Buy Bitcoin' - Ep.148
Willy Woo, on-chain Bitcoin analyst and writer of “The Bitcoin Forecast,” a market intelligence newsletter, discusses how the Bitcoin markets have been changing amidst what may be a forthcoming ebbing of derivatives exchanges and a revival of the importance of spot exchanges. In this episode, he covers:
what the PayPal news means when there are currently only 23.4 million holders on chain, and only 101 million active unique accounts at centralized exchanges
why "old hands" in Bitcoin have been changing their behaviors recently, selling at bottoms, rather than tops
how derivatives exchanges have influenced Bitcoin price action
why price moves in Bitcoin are likely to be less volatile going forward
how he's detecting the purchase of Bitcoin off spot exchanges by whales and corporate treasuries
how these shifts are affecting crypto infrastructure players
how the price of Bitcoin moves for every dollar invested and what his projection is based on that
why, as the price of BTC rises, he's currently seeing HODLers holding tighter than ever
by when he believes we'll see sovereign wealth funds investing in Bitcoin
by when he says we'll see a $50,000 Bitcoin
why the Bitcoin NVT ratio indicates it's an "extremely great time to buy Bitcoin"
why he doesn't focus much on ether, how he thinks it will perform under Ethereum 2.0 and why things could change if Ethereum Improvement Proposal 1559 is implemented and transaction fees end up being burned
Thank you to our sponsor!
Crypto.com: http://crypto.com
Episode links:
Willy Woo: https://twitter.com/woonomic
The Bitcoin Forecast: https://willywoo.substack.com
His charts and models: http://charts.woobull.com
PayPal news: https://www.reuters.com/article/paypal-cryptocurrency/update-1-paypal-to-open-up-network-to-cryptocurrencies-idUSL1N2HC0PL
Willy's tweet about dormancy: https://twitter.com/woonomic/status/1318154088635224065
Willy on how coins on spot exchanges are dropping: https://twitter.com/woonomic/status/1313798080236380160?s=20
Willy on NVT ratio: https://twitter.com/woonomic/status/1315839269148086272
Willy on ETH: https://twitter.com/woonomic/status/1313099814041653248?s=20
Unconfirmed
Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Disclosure: I'm a nocoiner.
