#and 160 euros for the next two months until i get the rights for the fre insurance in october as a student
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my google searches for the past two weeks are basically just chest pain, heart problems and respiratory problems and tbh i'm scared
#oh and health insurance price jdjdjdjdjd#bc i was dumb enough to forget to report to them that i don't have a job anymore so i lost the insurance#and now i have to pay 240 euros for the past three months since i quit my job#and 160 euros for the next two months until i get the rights for the fre insurance in october as a student#and i absolutely do not have that kind of money#i actually want to cry#and i can't tell my dad i need money#like yeah he would give it to me but he would thing i'm incompetent#which i am lol#and i can't work in august bc i have some things to attend#and i doubt anyone would wanna hire me for one month in september#anywayyyyyyy#i'm an idiot
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BITCOIN HALVING IS VERY DIFFERENT IN 2020 (EXPLAINED) – $10,000 KEY PRICE RESISTANCE
VIDEO TRANSCRIPT
Today in Krypto, that 15 percent Bitcoin drop has got some new investors shaken and traders, of course, remain dismayed by the failure of Bitcoin to break out of the two-year downtrend, which has been suppressing the market. Ten thousand dollars is proving to be an incredibly key level for Bitcoin. But there are a few things that make this Bitcoin having drastically different from the previous Bitcoin having. And why Bitcoin is looking more bullish than ever. The crypto lark. This release was scrapped. All of the hottest and all of the latest happening out there. And the wild, wildland of crypto. A big thank you to prime SBT for sponsoring today’s episode. Prime SBT is a fantastic platform for trading a wide range of assets. You can trade crypto, you can trade top forex like yen in euros, you can trade top commodities like oil and you can even trade stock indexes like the S&P 500 all tradable against Bitcoin. All of these markets are tradable with generous leverage and prime expertise also does not require any KYC. So you can, of course, trade privately. Now, trading is not for everyone, and prime expertise is only for advanced traders who understand how properly to manage their risk. There is a link down below where you can get signed up and start trading today. So the Bitcoin having is now less than 24 hours away. I’m getting pretty gosh darn excited. Are you excited? Feel it in the air almost. It’s like Christmas Eve. I even got out my super rad Christmas sweater just for the occasion. The excitement in the air right now. Very, very cool stuff. Now, I do want to just say real quick, though, before breaking down the charts today and actually getting into some of that very surprising statistics about why this Bitcoin having is different. Look, I know if you’re new around here that a 15 percent drop, it can seem really, really scary sometimes. But please, if you are new to Bitcoin, learn to have some perspective. Bitcoin pumped by more than one hundred and sixty percent since March. A cool-down period is normal and healthy for the market. You can’t get freaked out by 15 percent dips. And if he is shaken out by a 15 percent dip, then you don’t get the 1000 percent gains later. But I know that there are some people out there listening right now. I mean, you guys must have trouble like functioning normally in Day-To-Day, life with hands that are that big and that strong. I mean, logit, if you survive that 50 percent crash back in March, rock-solid man, rock-solid, 15 percent. It’s like a cool breeze on a summer morning to you. Just 15 percent, man. Nothing. But anyway, moving on to the charts. So the weekly candle has just closed for Bitcoin and sadly, it did not confirm in our favour. We got rejected from ten thousand dollars in back down, of course. We went you know, in general, I’m feeling rather bullish on the markets at the moment, so long as the price is maintaining above that 200-day moving average. I am bullish on the markets, in fact, coming back down to test the 200-day moving average and then flipping the 200-day moving average from resistance actually into a line of support is a very, very strong move. And if we do bounce significantly from here, that’ll be really great to see. But I will not be full balls to the wall bullish on the market until we actually get a weekly candle that breaks out above that two-year downtrend line and is an absolute key line for us to break. And that’s right around ten thousand dollars right now and ten thousand dollars has proven to be a very tough area for Bitcoin to break away from. This is a major zone of historical resistance and getting rejected on this attempt really not super surprising. But anyway, key point, in spite of the massive bullish momentum that did pull us out of the depths of despair back in March, we are still in a high time frame downtrend until we actually break above ten thousand dollars, confirm it and hold it also. Well, we may hope the Bitcoin just decides the test. Retest ten thousand dollars A.S.A.P. and then blast out that mega triangle hits a new all-time high. It may not play out like that. I know we wanted to play out like that, but these are the markets. You don’t always get what you want. Mean we could range sideways for weeks or even retest lower ranges of this triangle? That is definitely possible. Anything can happen in these markets, especially if the 200-day moving average fails to hold as support. Personally, I have a bullish bias overall towards Bitcoin, especially if we can see that Golden Cross confirm on the daily, which is about 10 days out right now, the 10K. It is the line to beat at the moment in 8-K is the line to hold very tight game right now. What happens next? Very hard to say. With a big hype event like the Bitcoin, having anything is kind of possible. So we have to watch and see how this plays out over the next couple of days. Anyway, what’s very interesting is that this Bitcoin having has behaved very differently compared to 2016. So here are some of the reasons why this having is fundamentally different from actually the previous two hanging’s and why the picture for Bitcoin is more bullish than ever. You just have to be looking with wide-open eyes. Now, as we have covered at length, the price action has actually been quite different this time around compared to the previous having. I mean, if we look back at 2016, there is some kind of general rhythm that we do see playing out with a big price run-up before the having followed by a big dip immediately before the having and what many are now expecting and with sentiment kind of turning around the market would not be a big surprise, would be, of course, a bigger dip to come after the having. Then after the big post having a dip, what do we have in 2016? We had a few months of sideways market action, really not that much happening. Everyone was just kind of bored. And then something started to happen. The price started to steadily rise and to rise and to rise until it hit a crescendo of twenty thousand dollars around 18 months later. We all hope that a similar but even bigger scenario will happen this time. Heck, even if Bitcoin only gets up to a very low estimate of, for example, fifty thousand dollars this cycle, that will be game-changing money for many other people who were able to invest in Bitcoin at these lows, especially since such a rise for Bitcoin would inevitably bring huge liquidity into the old coin markets, where there will be lots of hundred X’s happening. But there are some other ways in which 2020 having for Bitcoin is fundamentally different from the one back in 2016. The first is to look at just how big the market has actually grown in the last four years. The market cap of Bitcoin is now at 160 billion dollars. That is 16 times bigger than the 10 billion dollars at the previous. Having volume has absolutely exploded in 2016 on the day that having the total volume for Bitcoin is around one point seven billion dollars. Today, the volume is nearly 50 billion dollars a day on average. That is incredible growth to observe as we approach this key milestone for Bitcoin. In fact, on April 30th, we actually had the second-largest daily trading volume on record. But the huge increases in volume are also partially thanks to increased interest from big-money players like the guys over on Wall Street. And yes, they had brought in additional liquidity, but they have also brought in additional manipulation to the crypto game in the form of futures contracts and of options contracts. And while this has allowed Wall Street to bet against Bitcoin, it also allows them to bet on Bitcoin. It has allowed people like Paul Tudor Jones to go long on Bitcoin with hundreds of millions of dollars from his fund. However, we can think a large percentage of the volume that we are seeing come into the market, not just on the fat cat Wall Street types, but on the retail vires mom and Pop and Uncle Joe, all these people. As one example, Coinbase increased its user base more than tenfold since the time of the having in 2016. Up until now, buying Anse didn’t even exist at the last Bitcoin having. And now it is the most popular exchange on the market doing 10 billion dollars plus in volume some days. And we have seen volumes on platforms like local bitcoins absolutely skyrocket, particularly in regions like Argentina and Nigeria. And Donna in Venezuela, which are underserved by the bigger exchanges and there are now more than seven thousand seven hundred Bitcoin. Eight teams worldwide. This is up for around six hundred at the time of the last Bitcoin, having the number of non zero Bitcoin addresses has also risen dramatically. On July 9th, 2016, it was a little less than a quarter-million addresses with a balance above zero. Today, the number of Bitcoin addresses with a non zero balance is around thirty-seven point five million. Wow. There are so many Bitcoin addresses right now that soon not more than half of all the Bitcoin addresses will ever be able to own one bitcoin. Digital scarcity is about to kick into high gear. And what about the Bitcoin network itself? Well, it is stronger than ever before. Been covering a lot of the all-time highs for the hash rate. The total hash rate at the last having was one point five million. Tera hashes a second, which was pretty gosh darn secure. To be honest, now it’s over one hundred and twenty million. Tarah hashes a second. Wowsers. That is a mind-bogglingly big number. The most secure computer network on earth is Bitcoin by Miles. And the investment in Bitcoin mining has also soared into the hundreds of millions of dollars, with people like Peter Teil and big corporations like SBI Holdings and Fidelity Investments in GMO. The Japanese Internet giant all throwing gigantic sums of money into Bitcoin mining farms. I always find it very, very telling to see what the big money is doing anyway. Here we are on the eve of the next Bitcoin having and I know that we’re going to look back in 2024 when we get to that next Bitcoin, having our look back and say, wow. Eight thousand dollar Bitcoin. Wasn’t that nice? It was so cheap. Why didn’t I buy more? The reality is that in the coming months, we are going to finally shake off that downtrend that has kept Bitcoin subdued for the last two years. And we will start that slow but steady crawl up to a new all-time high, potentially 18 months away from now. It could be fifty thousand dollars, one hundred thousand or three at a thousand dollars. No one really knows. We can all speculate. But one thing is certain to me. You have got to be in this market. The biggest risk that I see when it comes to Bitcoin is not actually holding Bitcoin and being in the game. Remember, of course, never put in more than you can afford to lose. Dollar-cost averaging is definitely the Chili’s method for long term success. When doing crypto is step one. You stack your sets. Step two, you chill. That’s all. Play that long term game. Most people aren’t thinking past next week when it comes to investing. And if you’re thinking a few years out and you’re planning accordingly, then you have got a massive advantage over the majority of the rest of the market. Something to keep in mind. I don’t have a question for you today. I just want to wish you a happy Bitcoin. Having and I hope that Satoshi will bring you everything that you wished for. And here’s a course of four more years of blessings in the bit. Coin markets to the moon and beyond, my friends. Long live the block, Jane and B. S next time.
source https://www.cryptosharks.net/bitcoin-halving-is-very-different-in-2020-explained/ source https://cryptosharks1.blogspot.com/2020/05/bitcoin-halving-is-very-different-in.html
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Text
BITCOIN HALVING IS VERY DIFFERENT IN 2020 (EXPLAINED) – $10,000 KEY PRICE RESISTANCE
VIDEO TRANSCRIPT
Today in Krypto, that 15 percent Bitcoin drop has got some new investors shaken and traders, of course, remain dismayed by the failure of Bitcoin to break out of the two-year downtrend, which has been suppressing the market. Ten thousand dollars is proving to be an incredibly key level for Bitcoin. But there are a few things that make this Bitcoin having drastically different from the previous Bitcoin having. And why Bitcoin is looking more bullish than ever. The crypto lark. This release was scrapped. All of the hottest and all of the latest happening out there. And the wild, wildland of crypto. A big thank you to prime SBT for sponsoring today’s episode. Prime SBT is a fantastic platform for trading a wide range of assets. You can trade crypto, you can trade top forex like yen in euros, you can trade top commodities like oil and you can even trade stock indexes like the S&P 500 all tradable against Bitcoin. All of these markets are tradable with generous leverage and prime expertise also does not require any KYC. So you can, of course, trade privately. Now, trading is not for everyone, and prime expertise is only for advanced traders who understand how properly to manage their risk. There is a link down below where you can get signed up and start trading today. So the Bitcoin having is now less than 24 hours away. I’m getting pretty gosh darn excited. Are you excited? Feel it in the air almost. It’s like Christmas Eve. I even got out my super rad Christmas sweater just for the occasion. The excitement in the air right now. Very, very cool stuff. Now, I do want to just say real quick, though, before breaking down the charts today and actually getting into some of that very surprising statistics about why this Bitcoin having is different. Look, I know if you’re new around here that a 15 percent drop, it can seem really, really scary sometimes. But please, if you are new to Bitcoin, learn to have some perspective. Bitcoin pumped by more than one hundred and sixty percent since March. A cool-down period is normal and healthy for the market. You can’t get freaked out by 15 percent dips. And if he is shaken out by a 15 percent dip, then you don’t get the 1000 percent gains later. But I know that there are some people out there listening right now. I mean, you guys must have trouble like functioning normally in Day-To-Day, life with hands that are that big and that strong. I mean, logit, if you survive that 50 percent crash back in March, rock-solid man, rock-solid, 15 percent. It’s like a cool breeze on a summer morning to you. Just 15 percent, man. Nothing. But anyway, moving on to the charts. So the weekly candle has just closed for Bitcoin and sadly, it did not confirm in our favour. We got rejected from ten thousand dollars in back down, of course. We went you know, in general, I’m feeling rather bullish on the markets at the moment, so long as the price is maintaining above that 200-day moving average. I am bullish on the markets, in fact, coming back down to test the 200-day moving average and then flipping the 200-day moving average from resistance actually into a line of support is a very, very strong move. And if we do bounce significantly from here, that’ll be really great to see. But I will not be full balls to the wall bullish on the market until we actually get a weekly candle that breaks out above that two-year downtrend line and is an absolute key line for us to break. And that’s right around ten thousand dollars right now and ten thousand dollars has proven to be a very tough area for Bitcoin to break away from. This is a major zone of historical resistance and getting rejected on this attempt really not super surprising. But anyway, key point, in spite of the massive bullish momentum that did pull us out of the depths of despair back in March, we are still in a high time frame downtrend until we actually break above ten thousand dollars, confirm it and hold it also. Well, we may hope the Bitcoin just decides the test. Retest ten thousand dollars A.S.A.P. and then blast out that mega triangle hits a new all-time high. It may not play out like that. I know we wanted to play out like that, but these are the markets. You don’t always get what you want. Mean we could range sideways for weeks or even retest lower ranges of this triangle? That is definitely possible. Anything can happen in these markets, especially if the 200-day moving average fails to hold as support. Personally, I have a bullish bias overall towards Bitcoin, especially if we can see that Golden Cross confirm on the daily, which is about 10 days out right now, the 10K. It is the line to beat at the moment in 8-K is the line to hold very tight game right now. What happens next? Very hard to say. With a big hype event like the Bitcoin, having anything is kind of possible. So we have to watch and see how this plays out over the next couple of days. Anyway, what’s very interesting is that this Bitcoin having has behaved very differently compared to 2016. So here are some of the reasons why this having is fundamentally different from actually the previous two hanging’s and why the picture for Bitcoin is more bullish than ever. You just have to be looking with wide-open eyes. Now, as we have covered at length, the price action has actually been quite different this time around compared to the previous having. I mean, if we look back at 2016, there is some kind of general rhythm that we do see playing out with a big price run-up before the having followed by a big dip immediately before the having and what many are now expecting and with sentiment kind of turning around the market would not be a big surprise, would be, of course, a bigger dip to come after the having. Then after the big post having a dip, what do we have in 2016? We had a few months of sideways market action, really not that much happening. Everyone was just kind of bored. And then something started to happen. The price started to steadily rise and to rise and to rise until it hit a crescendo of twenty thousand dollars around 18 months later. We all hope that a similar but even bigger scenario will happen this time. Heck, even if Bitcoin only gets up to a very low estimate of, for example, fifty thousand dollars this cycle, that will be game-changing money for many other people who were able to invest in Bitcoin at these lows, especially since such a rise for Bitcoin would inevitably bring huge liquidity into the old coin markets, where there will be lots of hundred X’s happening. But there are some other ways in which 2020 having for Bitcoin is fundamentally different from the one back in 2016. The first is to look at just how big the market has actually grown in the last four years. The market cap of Bitcoin is now at 160 billion dollars. That is 16 times bigger than the 10 billion dollars at the previous. Having volume has absolutely exploded in 2016 on the day that having the total volume for Bitcoin is around one point seven billion dollars. Today, the volume is nearly 50 billion dollars a day on average. That is incredible growth to observe as we approach this key milestone for Bitcoin. In fact, on April 30th, we actually had the second-largest daily trading volume on record. But the huge increases in volume are also partially thanks to increased interest from big-money players like the guys over on Wall Street. And yes, they had brought in additional liquidity, but they have also brought in additional manipulation to the crypto game in the form of futures contracts and of options contracts. And while this has allowed Wall Street to bet against Bitcoin, it also allows them to bet on Bitcoin. It has allowed people like Paul Tudor Jones to go long on Bitcoin with hundreds of millions of dollars from his fund. However, we can think a large percentage of the volume that we are seeing come into the market, not just on the fat cat Wall Street types, but on the retail vires mom and Pop and Uncle Joe, all these people. As one example, Coinbase increased its user base more than tenfold since the time of the having in 2016. Up until now, buying Anse didn’t even exist at the last Bitcoin having. And now it is the most popular exchange on the market doing 10 billion dollars plus in volume some days. And we have seen volumes on platforms like local bitcoins absolutely skyrocket, particularly in regions like Argentina and Nigeria. And Donna in Venezuela, which are underserved by the bigger exchanges and there are now more than seven thousand seven hundred Bitcoin. Eight teams worldwide. This is up for around six hundred at the time of the last Bitcoin, having the number of non zero Bitcoin addresses has also risen dramatically. On July 9th, 2016, it was a little less than a quarter-million addresses with a balance above zero. Today, the number of Bitcoin addresses with a non zero balance is around thirty-seven point five million. Wow. There are so many Bitcoin addresses right now that soon not more than half of all the Bitcoin addresses will ever be able to own one bitcoin. Digital scarcity is about to kick into high gear. And what about the Bitcoin network itself? Well, it is stronger than ever before. Been covering a lot of the all-time highs for the hash rate. The total hash rate at the last having was one point five million. Tera hashes a second, which was pretty gosh darn secure. To be honest, now it’s over one hundred and twenty million. Tarah hashes a second. Wowsers. That is a mind-bogglingly big number. The most secure computer network on earth is Bitcoin by Miles. And the investment in Bitcoin mining has also soared into the hundreds of millions of dollars, with people like Peter Teil and big corporations like SBI Holdings and Fidelity Investments in GMO. The Japanese Internet giant all throwing gigantic sums of money into Bitcoin mining farms. I always find it very, very telling to see what the big money is doing anyway. Here we are on the eve of the next Bitcoin having and I know that we’re going to look back in 2024 when we get to that next Bitcoin, having our look back and say, wow. Eight thousand dollar Bitcoin. Wasn’t that nice? It was so cheap. Why didn’t I buy more? The reality is that in the coming months, we are going to finally shake off that downtrend that has kept Bitcoin subdued for the last two years. And we will start that slow but steady crawl up to a new all-time high, potentially 18 months away from now. It could be fifty thousand dollars, one hundred thousand or three at a thousand dollars. No one really knows. We can all speculate. But one thing is certain to me. You have got to be in this market. The biggest risk that I see when it comes to Bitcoin is not actually holding Bitcoin and being in the game. Remember, of course, never put in more than you can afford to lose. Dollar-cost averaging is definitely the Chili’s method for long term success. When doing crypto is step one. You stack your sets. Step two, you chill. That’s all. Play that long term game. Most people aren’t thinking past next week when it comes to investing. And if you’re thinking a few years out and you’re planning accordingly, then you have got a massive advantage over the majority of the rest of the market. Something to keep in mind. I don’t have a question for you today. I just want to wish you a happy Bitcoin. Having and I hope that Satoshi will bring you everything that you wished for. And here’s a course of four more years of blessings in the bit. Coin markets to the moon and beyond, my friends. Long live the block, Jane and B. S next time.
source https://www.cryptosharks.net/bitcoin-halving-is-very-different-in-2020-explained/ source https://cryptosharks1.tumblr.com/post/617975724286132224
0 notes
Text
BITCOIN HALVING IS VERY DIFFERENT IN 2020 (EXPLAINED) $10000 KEY PRICE RESISTANCE
VIDEO TRANSCRIPT
Today in Krypto, that 15 percent Bitcoin drop has got some new investors shaken and traders, of course, remain dismayed by the failure of Bitcoin to break out of the two-year downtrend, which has been suppressing the market. Ten thousand dollars is proving to be an incredibly key level for Bitcoin. But there are a few things that make this Bitcoin having drastically different from the previous Bitcoin having. And why Bitcoin is looking more bullish than ever. The crypto lark. This release was scrapped. All of the hottest and all of the latest happening out there. And the wild, wildland of crypto. A big thank you to prime SBT for sponsoring today’s episode. Prime SBT is a fantastic platform for trading a wide range of assets. You can trade crypto, you can trade top forex like yen in euros, you can trade top commodities like oil and you can even trade stock indexes like the S&P 500 all tradable against Bitcoin. All of these markets are tradable with generous leverage and prime expertise also does not require any KYC. So you can, of course, trade privately. Now, trading is not for everyone, and prime expertise is only for advanced traders who understand how properly to manage their risk. There is a link down below where you can get signed up and start trading today. So the Bitcoin having is now less than 24 hours away. I’m getting pretty gosh darn excited. Are you excited? Feel it in the air almost. It’s like Christmas Eve. I even got out my super rad Christmas sweater just for the occasion. The excitement in the air right now. Very, very cool stuff. Now, I do want to just say real quick, though, before breaking down the charts today and actually getting into some of that very surprising statistics about why this Bitcoin having is different. Look, I know if you’re new around here that a 15 percent drop, it can seem really, really scary sometimes. But please, if you are new to Bitcoin, learn to have some perspective. Bitcoin pumped by more than one hundred and sixty percent since March. A cool-down period is normal and healthy for the market. You can’t get freaked out by 15 percent dips. And if he is shaken out by a 15 percent dip, then you don’t get the 1000 percent gains later. But I know that there are some people out there listening right now. I mean, you guys must have trouble like functioning normally in Day-To-Day, life with hands that are that big and that strong. I mean, logit, if you survive that 50 percent crash back in March, rock-solid man, rock-solid, 15 percent. It’s like a cool breeze on a summer morning to you. Just 15 percent, man. Nothing. But anyway, moving on to the charts. So the weekly candle has just closed for Bitcoin and sadly, it did not confirm in our favour. We got rejected from ten thousand dollars in back down, of course. We went you know, in general, I’m feeling rather bullish on the markets at the moment, so long as the price is maintaining above that 200-day moving average. I am bullish on the markets, in fact, coming back down to test the 200-day moving average and then flipping the 200-day moving average from resistance actually into a line of support is a very, very strong move. And if we do bounce significantly from here, that’ll be really great to see. But I will not be full balls to the wall bullish on the market until we actually get a weekly candle that breaks out above that two-year downtrend line and is an absolute key line for us to break. And that’s right around ten thousand dollars right now and ten thousand dollars has proven to be a very tough area for Bitcoin to break away from. This is a major zone of historical resistance and getting rejected on this attempt really not super surprising. But anyway, key point, in spite of the massive bullish momentum that did pull us out of the depths of despair back in March, we are still in a high time frame downtrend until we actually break above ten thousand dollars, confirm it and hold it also. Well, we may hope the Bitcoin just decides the test. Retest ten thousand dollars A.S.A.P. and then blast out that mega triangle hits a new all-time high. It may not play out like that. I know we wanted to play out like that, but these are the markets. You don’t always get what you want. Mean we could range sideways for weeks or even retest lower ranges of this triangle? That is definitely possible. Anything can happen in these markets, especially if the 200-day moving average fails to hold as support. Personally, I have a bullish bias overall towards Bitcoin, especially if we can see that Golden Cross confirm on the daily, which is about 10 days out right now, the 10K. It is the line to beat at the moment in 8-K is the line to hold very tight game right now. What happens next? Very hard to say. With a big hype event like the Bitcoin, having anything is kind of possible. So we have to watch and see how this plays out over the next couple of days. Anyway, what’s very interesting is that this Bitcoin having has behaved very differently compared to 2016. So here are some of the reasons why this having is fundamentally different from actually the previous two hanging’s and why the picture for Bitcoin is more bullish than ever. You just have to be looking with wide-open eyes. Now, as we have covered at length, the price action has actually been quite different this time around compared to the previous having. I mean, if we look back at 2016, there is some kind of general rhythm that we do see playing out with a big price run-up before the having followed by a big dip immediately before the having and what many are now expecting and with sentiment kind of turning around the market would not be a big surprise, would be, of course, a bigger dip to come after the having. Then after the big post having a dip, what do we have in 2016? We had a few months of sideways market action, really not that much happening. Everyone was just kind of bored. And then something started to happen. The price started to steadily rise and to rise and to rise until it hit a crescendo of twenty thousand dollars around 18 months later. We all hope that a similar but even bigger scenario will happen this time. Heck, even if Bitcoin only gets up to a very low estimate of, for example, fifty thousand dollars this cycle, that will be game-changing money for many other people who were able to invest in Bitcoin at these lows, especially since such a rise for Bitcoin would inevitably bring huge liquidity into the old coin markets, where there will be lots of hundred X’s happening. But there are some other ways in which 2020 having for Bitcoin is fundamentally different from the one back in 2016. The first is to look at just how big the market has actually grown in the last four years. The market cap of Bitcoin is now at 160 billion dollars. That is 16 times bigger than the 10 billion dollars at the previous. Having volume has absolutely exploded in 2016 on the day that having the total volume for Bitcoin is around one point seven billion dollars. Today, the volume is nearly 50 billion dollars a day on average. That is incredible growth to observe as we approach this key milestone for Bitcoin. In fact, on April 30th, we actually had the second-largest daily trading volume on record. But the huge increases in volume are also partially thanks to increased interest from big-money players like the guys over on Wall Street. And yes, they had brought in additional liquidity, but they have also brought in additional manipulation to the crypto game in the form of futures contracts and of options contracts. And while this has allowed Wall Street to bet against Bitcoin, it also allows them to bet on Bitcoin. It has allowed people like Paul Tudor Jones to go long on Bitcoin with hundreds of millions of dollars from his fund. However, we can think a large percentage of the volume that we are seeing come into the market, not just on the fat cat Wall Street types, but on the retail vires mom and Pop and Uncle Joe, all these people. As one example, Coinbase increased its user base more than tenfold since the time of the having in 2016. Up until now, buying Anse didn’t even exist at the last Bitcoin having. And now it is the most popular exchange on the market doing 10 billion dollars plus in volume some days. And we have seen volumes on platforms like local bitcoins absolutely skyrocket, particularly in regions like Argentina and Nigeria. And Donna in Venezuela, which are underserved by the bigger exchanges and there are now more than seven thousand seven hundred Bitcoin. Eight teams worldwide. This is up for around six hundred at the time of the last Bitcoin, having the number of non zero Bitcoin addresses has also risen dramatically. On July 9th, 2016, it was a little less than a quarter-million addresses with a balance above zero. Today, the number of Bitcoin addresses with a non zero balance is around thirty-seven point five million. Wow. There are so many Bitcoin addresses right now that soon not more than half of all the Bitcoin addresses will ever be able to own one bitcoin. Digital scarcity is about to kick into high gear. And what about the Bitcoin network itself? Well, it is stronger than ever before. Been covering a lot of the all-time highs for the hash rate. The total hash rate at the last having was one point five million. Tera hashes a second, which was pretty gosh darn secure. To be honest, now it’s over one hundred and twenty million. Tarah hashes a second. Wowsers. That is a mind-bogglingly big number. The most secure computer network on earth is Bitcoin by Miles. And the investment in Bitcoin mining has also soared into the hundreds of millions of dollars, with people like Peter Teil and big corporations like SBI Holdings and Fidelity Investments in GMO. The Japanese Internet giant all throwing gigantic sums of money into Bitcoin mining farms. I always find it very, very telling to see what the big money is doing anyway. Here we are on the eve of the next Bitcoin having and I know that we’re going to look back in 2024 when we get to that next Bitcoin, having our look back and say, wow. Eight thousand dollar Bitcoin. Wasn’t that nice? It was so cheap. Why didn’t I buy more? The reality is that in the coming months, we are going to finally shake off that downtrend that has kept Bitcoin subdued for the last two years. And we will start that slow but steady crawl up to a new all-time high, potentially 18 months away from now. It could be fifty thousand dollars, one hundred thousand or three at a thousand dollars. No one really knows. We can all speculate. But one thing is certain to me. You have got to be in this market. The biggest risk that I see when it comes to Bitcoin is not actually holding Bitcoin and being in the game. Remember, of course, never put in more than you can afford to lose. Dollar-cost averaging is definitely the Chili’s method for long term success. When doing crypto is step one. You stack your sets. Step two, you chill. That’s all. Play that long term game. Most people aren’t thinking past next week when it comes to investing. And if you’re thinking a few years out and you’re planning accordingly, then you have got a massive advantage over the majority of the rest of the market. Something to keep in mind. I don’t have a question for you today. I just want to wish you a happy Bitcoin. Having and I hope that Satoshi will bring you everything that you wished for. And here’s a course of four more years of blessings in the bit. Coin markets to the moon and beyond, my friends. Long live the block, Jane and B. S next time.
Via https://www.cryptosharks.net/bitcoin-halving-is-very-different-in-2020-explained/
source https://cryptosharks.weebly.com/blog/bitcoin-halving-is-very-different-in-2020-explained-10000-key-price-resistance
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BITCOIN HALVING IS VERY DIFFERENT IN 2020 (EXPLAINED) – $10,000 KEY PRICE RESISTANCE
VIDEO TRANSCRIPT
Today in Krypto, that 15 percent Bitcoin drop has got some new investors shaken and traders, of course, remain dismayed by the failure of Bitcoin to break out of the two-year downtrend, which has been suppressing the market. Ten thousand dollars is proving to be an incredibly key level for Bitcoin. But there are a few things that make this Bitcoin having drastically different from the previous Bitcoin having. And why Bitcoin is looking more bullish than ever. The crypto lark. This release was scrapped. All of the hottest and all of the latest happening out there. And the wild, wildland of crypto. A big thank you to prime SBT for sponsoring today’s episode. Prime SBT is a fantastic platform for trading a wide range of assets. You can trade crypto, you can trade top forex like yen in euros, you can trade top commodities like oil and you can even trade stock indexes like the S&P 500 all tradable against Bitcoin. All of these markets are tradable with generous leverage and prime expertise also does not require any KYC. So you can, of course, trade privately. Now, trading is not for everyone, and prime expertise is only for advanced traders who understand how properly to manage their risk. There is a link down below where you can get signed up and start trading today. So the Bitcoin having is now less than 24 hours away. I’m getting pretty gosh darn excited. Are you excited? Feel it in the air almost. It’s like Christmas Eve. I even got out my super rad Christmas sweater just for the occasion. The excitement in the air right now. Very, very cool stuff. Now, I do want to just say real quick, though, before breaking down the charts today and actually getting into some of that very surprising statistics about why this Bitcoin having is different. Look, I know if you’re new around here that a 15 percent drop, it can seem really, really scary sometimes. But please, if you are new to Bitcoin, learn to have some perspective. Bitcoin pumped by more than one hundred and sixty percent since March. A cool-down period is normal and healthy for the market. You can’t get freaked out by 15 percent dips. And if he is shaken out by a 15 percent dip, then you don’t get the 1000 percent gains later. But I know that there are some people out there listening right now. I mean, you guys must have trouble like functioning normally in Day-To-Day, life with hands that are that big and that strong. I mean, logit, if you survive that 50 percent crash back in March, rock-solid man, rock-solid, 15 percent. It’s like a cool breeze on a summer morning to you. Just 15 percent, man. Nothing. But anyway, moving on to the charts. So the weekly candle has just closed for Bitcoin and sadly, it did not confirm in our favour. We got rejected from ten thousand dollars in back down, of course. We went you know, in general, I’m feeling rather bullish on the markets at the moment, so long as the price is maintaining above that 200-day moving average. I am bullish on the markets, in fact, coming back down to test the 200-day moving average and then flipping the 200-day moving average from resistance actually into a line of support is a very, very strong move. And if we do bounce significantly from here, that’ll be really great to see. But I will not be full balls to the wall bullish on the market until we actually get a weekly candle that breaks out above that two-year downtrend line and is an absolute key line for us to break. And that’s right around ten thousand dollars right now and ten thousand dollars has proven to be a very tough area for Bitcoin to break away from. This is a major zone of historical resistance and getting rejected on this attempt really not super surprising. But anyway, key point, in spite of the massive bullish momentum that did pull us out of the depths of despair back in March, we are still in a high time frame downtrend until we actually break above ten thousand dollars, confirm it and hold it also. Well, we may hope the Bitcoin just decides the test. Retest ten thousand dollars A.S.A.P. and then blast out that mega triangle hits a new all-time high. It may not play out like that. I know we wanted to play out like that, but these are the markets. You don’t always get what you want. Mean we could range sideways for weeks or even retest lower ranges of this triangle? That is definitely possible. Anything can happen in these markets, especially if the 200-day moving average fails to hold as support. Personally, I have a bullish bias overall towards Bitcoin, especially if we can see that Golden Cross confirm on the daily, which is about 10 days out right now, the 10K. It is the line to beat at the moment in 8-K is the line to hold very tight game right now. What happens next? Very hard to say. With a big hype event like the Bitcoin, having anything is kind of possible. So we have to watch and see how this plays out over the next couple of days. Anyway, what’s very interesting is that this Bitcoin having has behaved very differently compared to 2016. So here are some of the reasons why this having is fundamentally different from actually the previous two hanging’s and why the picture for Bitcoin is more bullish than ever. You just have to be looking with wide-open eyes. Now, as we have covered at length, the price action has actually been quite different this time around compared to the previous having. I mean, if we look back at 2016, there is some kind of general rhythm that we do see playing out with a big price run-up before the having followed by a big dip immediately before the having and what many are now expecting and with sentiment kind of turning around the market would not be a big surprise, would be, of course, a bigger dip to come after the having. Then after the big post having a dip, what do we have in 2016? We had a few months of sideways market action, really not that much happening. Everyone was just kind of bored. And then something started to happen. The price started to steadily rise and to rise and to rise until it hit a crescendo of twenty thousand dollars around 18 months later. We all hope that a similar but even bigger scenario will happen this time. Heck, even if Bitcoin only gets up to a very low estimate of, for example, fifty thousand dollars this cycle, that will be game-changing money for many other people who were able to invest in Bitcoin at these lows, especially since such a rise for Bitcoin would inevitably bring huge liquidity into the old coin markets, where there will be lots of hundred X’s happening. But there are some other ways in which 2020 having for Bitcoin is fundamentally different from the one back in 2016. The first is to look at just how big the market has actually grown in the last four years. The market cap of Bitcoin is now at 160 billion dollars. That is 16 times bigger than the 10 billion dollars at the previous. Having volume has absolutely exploded in 2016 on the day that having the total volume for Bitcoin is around one point seven billion dollars. Today, the volume is nearly 50 billion dollars a day on average. That is incredible growth to observe as we approach this key milestone for Bitcoin. In fact, on April 30th, we actually had the second-largest daily trading volume on record. But the huge increases in volume are also partially thanks to increased interest from big-money players like the guys over on Wall Street. And yes, they had brought in additional liquidity, but they have also brought in additional manipulation to the crypto game in the form of futures contracts and of options contracts. And while this has allowed Wall Street to bet against Bitcoin, it also allows them to bet on Bitcoin. It has allowed people like Paul Tudor Jones to go long on Bitcoin with hundreds of millions of dollars from his fund. However, we can think a large percentage of the volume that we are seeing come into the market, not just on the fat cat Wall Street types, but on the retail vires mom and Pop and Uncle Joe, all these people. As one example, Coinbase increased its user base more than tenfold since the time of the having in 2016. Up until now, buying Anse didn’t even exist at the last Bitcoin having. And now it is the most popular exchange on the market doing 10 billion dollars plus in volume some days. And we have seen volumes on platforms like local bitcoins absolutely skyrocket, particularly in regions like Argentina and Nigeria. And Donna in Venezuela, which are underserved by the bigger exchanges and there are now more than seven thousand seven hundred Bitcoin. Eight teams worldwide. This is up for around six hundred at the time of the last Bitcoin, having the number of non zero Bitcoin addresses has also risen dramatically. On July 9th, 2016, it was a little less than a quarter-million addresses with a balance above zero. Today, the number of Bitcoin addresses with a non zero balance is around thirty-seven point five million. Wow. There are so many Bitcoin addresses right now that soon not more than half of all the Bitcoin addresses will ever be able to own one bitcoin. Digital scarcity is about to kick into high gear. And what about the Bitcoin network itself? Well, it is stronger than ever before. Been covering a lot of the all-time highs for the hash rate. The total hash rate at the last having was one point five million. Tera hashes a second, which was pretty gosh darn secure. To be honest, now it’s over one hundred and twenty million. Tarah hashes a second. Wowsers. That is a mind-bogglingly big number. The most secure computer network on earth is Bitcoin by Miles. And the investment in Bitcoin mining has also soared into the hundreds of millions of dollars, with people like Peter Teil and big corporations like SBI Holdings and Fidelity Investments in GMO. The Japanese Internet giant all throwing gigantic sums of money into Bitcoin mining farms. I always find it very, very telling to see what the big money is doing anyway. Here we are on the eve of the next Bitcoin having and I know that we’re going to look back in 2024 when we get to that next Bitcoin, having our look back and say, wow. Eight thousand dollar Bitcoin. Wasn’t that nice? It was so cheap. Why didn’t I buy more? The reality is that in the coming months, we are going to finally shake off that downtrend that has kept Bitcoin subdued for the last two years. And we will start that slow but steady crawl up to a new all-time high, potentially 18 months away from now. It could be fifty thousand dollars, one hundred thousand or three at a thousand dollars. No one really knows. We can all speculate. But one thing is certain to me. You have got to be in this market. The biggest risk that I see when it comes to Bitcoin is not actually holding Bitcoin and being in the game. Remember, of course, never put in more than you can afford to lose. Dollar-cost averaging is definitely the Chili’s method for long term success. When doing crypto is step one. You stack your sets. Step two, you chill. That’s all. Play that long term game. Most people aren’t thinking past next week when it comes to investing. And if you’re thinking a few years out and you’re planning accordingly, then you have got a massive advantage over the majority of the rest of the market. Something to keep in mind. I don’t have a question for you today. I just want to wish you a happy Bitcoin. Having and I hope that Satoshi will bring you everything that you wished for. And here’s a course of four more years of blessings in the bit. Coin markets to the moon and beyond, my friends. Long live the block, Jane and B. S next time.
source https://www.cryptosharks.net/bitcoin-halving-is-very-different-in-2020-explained/
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Saturday, August 26th 2017- Saturday, September 2nd 2017
Hello! Hi! I’m in Rome! I’m a terrible person who hasn’t been updating anything at all, partly because I’m in school full-time now, and partly because I am a lazy person who fell out of the habit after I left London and never got back into it!
I’ve decided that part of my problem is trying to make some kind of weekly schedule because that’s just becoming an excuse to not work on it, so from now on updates will be sporadic and highly irregular! You’re welcome!
Anyway, Rome is beautiful, and hot, and everyone speaks Italian which is to be expected but also makes just walking to the grocery store an Adventure. A kind of exhausting Adventure that’s getting easier all the time, and will hopefully be a piece of cake by the time I leave in eight months.
I’m really hoping that’s true, because eight months is a long time to go being exhausted by grocery shopping.
I’m learning not to panic when they bark questions at me over the cash register, and to carry bags with me so I can gesture when they presumably ask whether I want one, and give as exact change as possible so that no one asks me for some number of euro that I can’t quite figure out.
It really is stunningly beautiful, though, which does make up for quite a lot of language-barrier panic.
We’re living in this building thing, that’s an old villa and made up of a bunch of buildings all nested in together and chopped up into little apartments, which means that it’s beautiful and old and covered in climbing vines and flowers, but also means that, due to the chopping up, we have no windows. Our doors do open onto a little terrace thing, which is nice, but currently it’s overrun with mosquitoes, and also leads directly to a wall, so there’s not exactly air flow. It’ll be perfectly lovely in about a month, but until then we keep the doors closed and the air conditioning on.
The apartment is two rooms, plus a little bathroom, to split between three people. There are three beds (one single bed, and a bunk bed) squeezed into one room, with about a foot and a half of space between the beds, where I and one of my roommates stay, and then there’s a bed in the kitchen/dining room area, where our third roommate sleeps. In our room, we’ve built a blanket for out of the bottom bunk to give the illusion of privacy, which is hard to come by in a space this small.
For two horrifying nights there were four people living here, because a fourth roommate was mistakenly transferred into our rooms, and during that time my original two roommates and I discovered that while we once thought the space was terribly small was totally manageable with the three of us. We bonded in adversity, and when the mistake was rectified and our fourth roommate (who was lovely, really, it’s just that there was no space for her things and only three sets of dishes and forcing someone to live on the top bunk just seemed cruel but we’d already spent a week sleeping in the other beds) was moved to her rightful apartment, we emerged stronger as a whole.
Aside from that little adventure, orientation week was pretty standard. Lots of dull ice breakers, lots of warnings about the danger of living in Rome that, as far as I can tell, is about as dangerous as living in Philly, or London, or any other major city. Don’t be stupid, pay attention to your surroundings, try to always be around enough people not to be murdered, but not enough people that you’re in danger of getting your pocket picked without noticing.
The most interesting thing was on the last day, Saturday, when we spent the whole day at a castle.
Well, okay, ‘whole day’ might be exaggerating. It was a fair bus ride to get there and back, after all.
Anyway, we visited a little town called Todi a little north of Rome that was adorable, and spent the morning wandering around there. I found a bookstore, and bought the first Harry Potter book in Italian, because I have a collection of first Harry Potter books, and I’ve found that it’s a great way to learn a new language. I have, you see, at some point in my life, apparently memorized the first book, which means that I can figure out what’s going on even if I don’t actually read the language.
Here are some photographs of Todi, which is a town on a mountain and just as gosh darn cute as it seems from these very little glimpses.
And this is the view from the village down into the valley.
I also got a palmier. It was delicious.
After Todi we went to a castle to have lunch.
I’d marked down that I wanted a gluten free lunch, which pained me to do because I was sure the bread must be brilliant there, but the bus trip was four hours long and we’d already gotten an email warning us about how winding the road to the castle was, I did not like the idea of having a tummy ache the entire drive back.
Turned out that it was a great idea, because after we arrived and found the courtyard where we were supposed to have appetizers in, one of the chaperones directed me to a waiter holding a platter that she handed to me and then left me alone. Apparently I was the only gluten free person on the trip, and that entitled me to my own personal platter of yummy things, while everyone else had to fight tooth and nail against 160 other students for the one buffet table.
The platter did have gluten free bread on it, which is from hell and should never be willingly consumed, but the bread was covered in really interesting things, so I braved the sawdust.
The chopped tomatoes on bread and slice of cheese was their substitute for the pizzettas that everyone else got, and while typically I would like I’d gotten the short end of the stick, but the tomatoes are delicious. I don’t even like raw tomatoes, but they were incredibly good.
It’s not fair. Tomatoes aren’t even native to Italy, they’re New World crops, like potatoes and blueberries and turkeys, but they tastes so much better here.
The other toppings were, I think, olives (not bad, didn’t really taste like anything? But too oily to be comfortable), something to do with pepperoni (tasted really good, but the texture was just wrong), liver (tasty, but what is with the Italians and pureeing perfectly good food? It’s such a weird texture?), egg (did not taste good, I think there was some kind of seafood in them, or maybe it was just the relish they used, but it was bad), and sausage (very good, probably because it wasn’t pureed. Here that, Italy? Things can taste good without putting them in a blender!).
Gluten free bread still tastes like sawdust, but it was sawdust with really tasty toppings, for the most part.
We went inside, then, to a gorgeous dining room with massive long wooden tables, enough for all 160 of us.
I was relegated to the Dietary Restrictions table, where one half was vegetarians, and then the two lactose intolerant people, and me. It was nice, we bonded over being Outcasts and having mildly weird dinners that always came out after the rest of the people got their food, and they liked me in particular after I mentioned that I was allergic to alcohol and thus would not be partaking in any of the bottles on our table.
First course was prosciutto, and some weird version of quiche (like phyllo pastry layered with soft cheese, I think) that for me was replaced with another tomato and more mozzarella. And more gluten free bread, which was disgusting and not pictured because no one needs to see that. The prosciutto and the tomato and mozzarella were all delicious, though.
Next course was asparagus risotto, which was creamy and wonderful and my new favorite food. Risotto, that is, not asparagus.
Third course was a very particular kind of long, wide noodle with a very specific name that I do not remember, in a wild boar sauce. My noodles were gluten free, and yummy, and the sauce was great.
Third, fourth, and fifth courses could, due to the changes made by my ‘dietary restrictions,’ all fit on one plate. That’s venison (wonderful), more tomato and mozzarella (I don’t even know what that’s a substitute for, they just kept giving me more tomatoes and mozzarella, every time I turned), and paper thin eggplant that was delightful.
The next course was another selection of meat, either lamb or chicken, and potatoes, but by that point I couldn’t have eaten another bite.
Dessert involved cookies dipped in dessert wine (couldn’t eat that) and tiramisu (also couldn’t eat that, and wouldn’t have wanted to, because I am offended by the concept of soaking cookies or cake in anything, let alone coffee and rum. It’s not a nice texture, if you want to flavor it with brandy and coffee make a rum and coffee cake, or make a ganache, or put it in the cream, or do anything that isn’t soaking it. Why.), but I wasn’t particularly hungry for it anyway, so it was okay.
The road back was just as winding as they warned us it would be, but luckily enough everyone else fell asleep and I don’t get motion sick, so I just got to look out of the window and see the pretty views all the way back to Rome.
#rome#food#more updates to come I swear#this time it won't take half a month probably#I can tell you all about the classes that I'm taking#that are taking up all of my time at the moment#super fun times though#really Rome is so pretty#everything is old because nothing can be built here because of historical reasons#so it's all super old and lovely and there are trees everywhere#travels
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I want to be clear right off the bat: Some of the sneakers on this list were not released in 2016. When we first started our annual Editor’s Sneaker Picks back in 2013, the theme was shoes worn over the course of the previous year, and while we’ve kept that strict standard, that doesn’t always mean that one wears the most hyped shoes when they first drop. In fact, I prefer to keep some of the most hyped sneakers on ice until heat in the kitchen has lowered, in order to break them out when people are on to the next great model. To me, it’s a good reminder that “newest” does not always equate “best.” Regardless of when the sneakers on this list were dropped, they all served me well in 2016. And while they’re not all the most hyped shoes around, they’re my favorites. I know not all sneakerheads will agree with my choices (fair enough), but this list is not theirs—it’s mine. February 2015 drop. Originally released with gorgeous salmon-colored laces, this special-edition Stan Smith in white Nubuck for the masters at Sneakersnstuff in Stockholm became my daily wear pair in 2016. Like all good Stans, a bit of dirt and grime gave the white walls a patina that scream wearability. And while the salmon laces are long gone, a fresh pair of white laces continue to breathe live into beaters that will remain in my collection for years to come. October 2015 drop. Say what you want about the inspiration on this kick, but the Italian-made GREATS Pronto limited edition in hairy suede served me well in 2016. The (very) stiff Vibram sole required some wear to break in, but once achieved, the ride was comfortable for hours on end. April 2016 drop. Amsterdam’s Tenue De Nîmes first dipped Chuck Taylor in Japanese indigo back in 2011. While original Chucks are notoriously uncomfortable on long wears, they were a summer favorite of mine. In 2016, TdN did it again, this time with vastly more comfortable All-Star ’70s. Limited to 100 dipped pairs, these ’70s lows just killed it. April 2016 drop. This one’s a no-brainer. We developed the best (and one of the most difficult to get) Ultra Boost collaborations of the year. With a grey leather cage, and beautiful knit upper, this was all ours. Congrats to those who copped. July 2016 drop. With only 500 pairs made for “friends and family” and 100 set aside for a Snapchat giveaway on adidas Originals’ account, these were grails. Things got even crazier when an extra special set of influencers started receiving the ultra-limited “Urban Utility Kit” Rimowa luggage. The only shoe more rare this past year was Pharrell’s own “friends and family” purple Human Race. April 2016 drop. As a huge fan of the modernized Jack Purcell Signature (yes, it’s better than the original JP), the Bunney JP Signature collaborative drop in Linton Tweeds fabric with Petersham grosgrain ribbon was a huge favorite. This one was a sleeper for many due to limited distribution, but I did my best to represent. That lucky rabbit’s foot charm did the trick. July 2016 drop. Another no-brainer: after Portugal won the UEFA EURO 2016, my family wept and partied for days, and Portugal declared a national holiday while I did my best to celebrate by drinking cases of Sagres beer. A week later, a good friend gifted this all-white Presto affair with the Portugal flag on tongue. Note: while flags are no longer a custom option, you can still get Presto white on Nike ID for $160, or wait a little bit for the official $120 delivery. December 2016 drop. You have to give it to adidas Originals and their social activations. Over the course of a day, they dead-dropped 1,000 pairs of the new EQT Support ADV model on the streets of Miami during Art Basel for free. I was there to witness the madness and lucky enough to walk away with a pair in my size. A beautiful silhouette in a strong colorway. August 2016 drop. Nikelab reissued a number of Air Footscape Wovens in 2016 available through limited Niklab doors like DSM. This colorway was part of a two pack that included a black edition. If you know me, you’ll know my love for Footscapes; there was no way I was missing these. July 2016 drop. Edward said it best in his top 10 list calling these the most comfortable sneaker of the year. My love for these Kim Jones Air Zoom LWP came after the silhouette sat on my shelf for the better part of two months. Only in the fall did I break them out. But once, I did, I put my Acronym Prestos and NMDs to the side, at least for a little while.
http://www.highsnobiety.com/2017/01/10/jeff-carvalho-top-10-sneakers-of-2016/
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