Where is Adam Back on Twitter? Tweeting as @adam3us, Adam Back, inventor of hashcash and bitcoin cypherpunk is an important voice in Bitcoin. His Twitter, now X, audience is over half a million followers strong.
And – the Adam Back Twitter profile show Mr Back’s face with blue lasereyes. This can only be a sign, right? Adam Back twitter content is followed closely by millions of savers and investors around the globe and his expertise and experience is sought after by the biggest names in the business and finance industries.
Does this tweet imply that Adam Back predicts a parabolic price curve?
Adam Back has tweeted an important message about the possible incoming bitcoin demand by institutions.
This is the tweet:
So tradfi let the #bitcoin apex predator into their china shop, doors open in hours. Supply squeeze, volatility, 24×7, high leverage – will the ETF market makers and APs have enough liquidity or will things get crazy. Everything hits spot in a supply squeeze. And spot is thin.
Adam Back
The Adam Back Twitter Signal
But what does this tweet exactly mean? The Adam Back Twitter game is not easy to follow as his intellectual capacities are beyond most of us. Let’s decode this cryptic tweet so that everyone can follow.
TradFi refers to traditional finance, which is the established financial system that is regulated by governments and institutions.
Apex predator is a term used to describe the dominant player in a particular market. In this case, Bitcoin is the apex predator of the cryptocurrency market.
China shop is a metaphor for a delicate or fragile situation.
Doors open in hours means that the first Bitcoin exchange-traded fund (ETF) is expected to start trading in a few hours.
Supply squeeze means that there is not enough supply of Bitcoin to meet the demand. This can cause the price of Bitcoin to go up.
Volatility means that the price of Bitcoin can go up or down very quickly. This is because the cryptocurrency market is still relatively new and unregulated.
24×7 means that the cryptocurrency market is open for trading 24 hours a day, 7 days a week. This can make it difficult for market makers and authorized participants (APs) to keep up with the demand for Bitcoin.
High leverage means that investors can borrow money to buy Bitcoin. This can amplify their profits if the price of Bitcoin goes up, but it can also amplify their losses if the price goes down.
ETF market makers and APs are responsible for making sure that there is enough liquidity in the market for Bitcoin ETFs to trade smoothly. Liquidity is the ability to buy or sell an asset quickly without affecting the price.
Will things get crazy? This is the question that the tweet is asking. The author of the tweet is concerned that the supply squeeze, volatility, 24×7 trading, and high leverage could lead to a chaotic market.
Everything hits spot in a supply squeeze. And spot is thin. This means that when there is a supply squeeze, all the buying pressure goes to the spot market, which is the market for trading Bitcoin for cash. This can make it difficult for investors to buy Bitcoin at a fair price.
Now this all sounds very speculative and vague. But what are the odds that such a scenario could be realistic? Looking into bitcoin history, we can see that a lot is possible in the world of bitcoin.
Adam Back is one to follow
The tweet is some serious food for thought? Will the prediction come true? While Adam has made multiple price predictions on Twitter before, this one just sounds more bullish than anything he’s ever posted on Twitter, now X.
Should you follow Adam Back on X/Twitter?
Absolutely, if there is one account with high-quality bitcoin information, it’s Adam Back. Don’t be scared of the abstract thought in his tweets, you can simply use AI like ChatGPT or Google Bard to break down his tweets.
