Tuur Demeester on Why Bitcoin is in Heavy Accumulation

Mr Obnoxious - Un pódcast de Peter McCormack

Categorías:

Interview location: Skype
Interview date: Sunday 5th May, 2019
Company: Adamant Capital
Role: Founder/CEO

The bear market of 2018/2019 has been a particularly hard lesson for many who are new to Bitcoin. While the +84% drawdown has been similar to previous bear markets, the real numbers are brutal. Anyone buying a Bitcoin near $20,000 saw their asset lose over $16,000 and the low in the market.

Understanding market cycles and adapting to them is a lesson for all hodlers; there is evidence that the current bear market may be over, and we are entering a period of accumulation. With the recent push to +$6k and Bitcoin settling in the high $5k region, the low for this cycle may be in and therefore now might be the opportunity to start preparing for the next bull run.

Tuur Demeester’s recent report: Bitcoin in Heavy Accumulation is a detailed analysis of the market and data, concluding that whales may be accumulating ready for the next bull run, but this is not without risk.

I spoke with Tuur about the report, discussing evidence from the blockchain, historical data, risk analysis, how accumulation happens and the fundamentals which drive Bitcoin’s price.

-----

Helpful Links:

Connect with Tuur:
- On Twitter @TuurDemeester
- On Medium
- On LinkedIn
- On AngelList

Adamant Capital:
- Website: http://adamantcapitalfund.com/
- On AngelList

Tuur’s Reports:
- Report: Bitcoin is in Heavy Accumulation
- Provisional Evaluation framework for Digital Assets, in particular for cryptocurrencies
- A Primer on Bitcoin Investor Sentiment and Changes in Saving Behavior

Mentioned in the Interview:
- Gini coefficient
- Bitcoin days destroyed
- IEO’s Nightmare: Ocean Protocol Lost 80% Following Its IEO On Bittrex
- What Is an IEO? Complete Guide to Initial Exchange Offerings

Other relevant WBD podcasts:
- WBD065: Tone Vays on Why Altcoins Are a Bad Investment
- WBD061: Tuur Demeester's Bearish Case for Ethereum
- WBD055: Vijay Boyapati's Bullish Case for Bitcoin
- WBD032: Tuur Demeester on the Looming Debt Crisis and Central Banks for Bitcoin

-----

If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:

Become a Patron and get access to shows early or help contribute

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Visit the podcast's native language site