Last week's article breakdown 3rd- 9th March, 2024

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The fumes have been everywhere, if you are much into the cryptoverse you'll need just little to understand that it has been heating up throughout last week. Yes, all roads lead to cryptocurrency and mostly bitcoin, creating a new all time high (ath) within that $70K region. I did put up some articles that centered on this and several others. Did you miss out last week?, nothing to worry, I'm here for you. I'll do a run down of what happened on my blog last week so you won't miss a thing.

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Looking at the tech and power behind blockchain, can it actually help curb the overdose when it comes to resources control? You've probably heard of the 90/10 rules. Yes, that rule that assumes 10 control the world resources leaving the remaining 90% at their mercy. Do you agree? My research shows this guys may not even be up to that 10%.

Nevertheless, we have to consider the disadvantage it has on economy in entirety. Can the lack of resource being open source continue to hunt down the world's economic activities, is there a need to disrupt this pattern and adopt a new system, is yes, what would be the system? Find out more; who can disrupt the 90/10 rules?

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The pressure was mounting. At the peak of fear of missing out (fomo) investors had to show some carefulness in market decisions knowing fully well bitcoin's former all time high was within the $69K reach. So what happens when it reaches that height once again, will bears prevail or can the bulls endure? fear uncertainty and doubt (fud) is inevitable, remember that a lot have been holding this bag for more than two years.

We should be expecting a market handing over from here right? That price seems suitable to relieve old time investors. So what would you imagine? A continuous bitcoin bull market after hitting this peak or a market retrace for some correction? The fear of falling victim and herds mentality plays a key role as bitcoin is getting closer. Have you say; Bitcoin @69, who buys?

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The issue of control is not a new thing in the world system. Sometimes we fail to distinguish between having and controlling and why the later matters most. In Short, without control, you can literally boast of nothing. We have seen it especially in the web 2.0 system, having several accounts yet being limited in activities and words, if you are found misbehaving as they may assume, you get kicked out.

Yet, the reverse is the case in web 3.0 which puts decentralization at the forefront ending the centralization beariers. Do you think this new system really has that edge to move the future? Learn more; Having what you don't control (challenge of centralization)

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You were expecting it right? Just as I said in recent article, the possibilities of a market retrace. We all know this market works on zig-zag lines and you can't just stay green all through. We saw that dip with records scaling to $1.1 billion dollars being liquidated in the market as an expected correction. Were you careful enough or are you already out of the crypto market? Those that went long on crypto won't have much to say I guess. How did it happen? Could it be called the reward for pursuing green candles during bullruns? loss (financial) indeed is a transfer of gain. Learn more on how the bears made some short selling say; were you bitquidated?

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We saw it play out during that crypto market liquidation. A lot tend to trade the crypto market during bull runs. With green candles everywhere, don't you think entering the market from here has its cost? Adding to that, when you are only a medium investor with no backup capital to defend your positions. Why even trade your capital?

That liquidation must have sent a lot into hibernation especially medium investors. We have to agree to the fact that every market has its preparatory periods and when medium investors don't take a good position from here, the rest of their activities during green candles can be a full time risk. Do you agree with my views? Have your say; the bull market is not for medium investors

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When it comes to management, of all the species which would you tag worse? Don't be surprised or at least not too much if I say humans. How has economic key feature like production, distribution and consumption been fully utilized. Did you even know a queen termite lays egg every three seconds throughout the days of her life? What has this to do with this article? Good, so how do they manage the colony with enough for everyone when they are not top of the food chain?

Can we say that we've slagged from here? Why does scarcity and insufficiency keep pulling the system? Greed has also played a huge part with few wanting the many to suffer. Can't we do more to our economic chain with even the inception of technology. The talking point is huge, see for yourself; the worst economy are humans

There you have it, I know you'll find them interesting. Always trying to put up my best to make sure you stay up to date. Your comments and suggestions are very welcomed, afterall, we are here for each other.

Tips for the week

I promised to talk about the hive network and its possibilities last week. I couldn't meet up doing so last week so yes, this week it will be hive. You have to notice something by now, if not then expect more when I drop an article this week about the future of hive as a token in the cryptocurrency industry even aside from the current bull market.

It was an exciting experience to read and engage in the hive platform especially in the inleo( formerly leofinance) front end. A big appreciation to you all for the wonderful engagement to make this platform active. I did read and curate some post last week and all were wonderful and educational. Looking up for more this week.

For those who navigated through my blog to read and upvote my articles, I say a big thank you. Wouldn't fail to congratulate hive as a whole and inleo team who have been doing wonderful work in the curation (content) department, I appreciate your effort and commitment. Indeed it's no easy task. A new week is upon us, let's join hands together and continue promoting this platform. Enjoy your week.

Posted Using InLeo Alpha