TFUEL ENTERED BUY ZONE JULY 5th #BTC ACTING AS ANCHORGood day, my crypto friends. Have you heard about #TFUEL or #THETA lately? Overlooked it perhaps?
In the News:
July 7th: Theta Labs Awarded 5th Patent
June 30th: Main Net 3.0 Launched
June 30th: Katy Perry Announced Launching NFT on Thetadrop.com in Q4 2021
What is happening?
Major New validator CAA joins on as 15th validator node. This is a Hollywood A-list celebrity talent agency. While coming at a time when Hollywood doesn't have a great reputation this shouldn't be ignored. Hollywood has no problem innovating to stay relevant and the possibilities of sweeping more cash away from fans for a digital rendering allah NFT's seems fitting. We'll likely see a major sports franchise follow suit if a moderate level of success is realized by CAA. *Speculation* likely the NFL or a co-sponsored relationship with Autograph (Tom Brady). Since Theta has added a 16th validator node with DHVC which is an asset management company.
Main Net 3.0 launched successfully. People are now earning more Tfuel for staking Tfuel. The Edge Node which is Theta Lab's software for harnessing broadband and computer resources has more nodes than the current job demand. Look for news that puts more work onto the Edge Nodes. Currently over 100k are operating and jobs are as infrequent as one or two a week. A moderate-sized project that would bump this up to a couple of jobs a day would be a huge boost here. The project needs more demand but not to much demand. This means companies like NetFlix and Youtube are not expected at this time, but a project like a beta test run through Vimeo or perhaps Rumble or Bitchute would grow demand sufficiently to get more nodes up and running for the big guns like Netflix, Youtube, TikTok or Twitch.
The stars are aligning . Both figuratively and literally. The news of CAA and Katy Perry's NFT project is the literal aspect, but figuratively the news is just as good. The 5th patent was announced today and behind the scenes partnerships keep emerging. While this is very good news for the Theta project as a whole, many small investors who got in during the All-Time-Highs (ATH) are becoming frustrated with the lack of progress in price.
The crypto market as a whole has been under attack by a fledgling system of corruption. This is evident by the fact that the system points to cryptos as enabling corruption. Standard playbook, blame others for what you're guilty of yourself. Decentralized currency is not good for the powers that were and whilst they still have some control they are exerting an ever-increasing attack on the crypto market. The question is, is the crypto market a massive snowball perched on the top of a mountain? Or has that snowball already started rolling?
What's up with BTC? And why the hell does it matter to Theta?
A longer look at BTC let's just say over the course of the last 12 months, shows BTC is actually doing quite well. Last year on July 8th BTC was around $9500. We're over 3x from that, which should put most short-term worries to bed. BTC is the mother of all crypto. This is why it is the focal point for attacks. China or Musk saying this or that, Markets creating BTC Futures and exchanges using leveraged trading are not designed to make the little guy any money. They are designed to control BTC to the best of their ability. What happens on most exchanges is coins are traded and viewed in pairs. This coin moves with that coin kind of thing. Because of this, generally speaking, good news in one crypto can't really translate when there is bad news constantly coming out for BTC. Which as I said in the opening statement and it's there for all to see, is it really isn't bad news.
The double-slit experiment.
The results of which change based on whether or not there is an observer. This means that results are dependent on observation. Take that one step further and you have scientific proof that by changing your observation you can change the results. What seems most logical to me, is that we as a whole need to stop paying attention to the BS being spewed by any MSM and even many Alt-Media types.
Evaluate honestly what crypto represents and can be, and you may see it as I do, a self-sustaining decentralized financial system that does away with the corporate bloat and governmental bureaucracy, and greed. By gathering a greater understanding of what crypto is, can be, and will be. We can more easily ignore the noise the previous establishment wants so hard to hang on to. Figuring out we really don't need central banks, credit card merchants, gateways all to take a cut of every dollar we earn and then subsequently spend is what crypto represents. Trading, futures, and exchanges are all ways for the "the man" to get his cut.
This information was presented in such a way to bring you to this final point about Theta / Tfuel. In my previous post, I outlined the fundamentals, all of which are still there now with even more arrows in that fundamental quiver. We have only seen good news about Theta, yet the price has gone down over the last couple of months and has been on a sideways trend since. All of this can be pinned on the exact same thing happening to BTC. But what is important to note here is that Theta/Tfuel and most crypto's for that matter are now at or around this year's all-time-lows. Which had somebody put this exact same information in your hands last year, in BTC's case you'd have still tripled your money. Think about that.
Well, thanks for taking the time, TFUEL isn't a big draw here, and while I spent a great deal of time writing this, I know it is going to go relatively unnoticed. For those who do notice I hope next year at this time, you can look back at this post and same damn, that dude was right. Hopefully not, damn that dude was right and I should have listened.
Be well,
Aired
