I’m a hand puppet. I can only talk when someone’s hand is up my ass. Columbia U. Econ. Finance Nerd. Investor. 🇺🇸 🇮🇱 #MAGA #Bitcoin and Fuck Germany! North Carolina, USAJoined May 2007
LIsten up please somebody consider all the frictions of a typical equity transaction and what is occuring here must be a huge multiple of this. There is a game afoot, and I am sorry but the professionals at Strategy have never had to pick a pocket or two
The way the ATM is…
LIsten up please somebody consider all the frictions of a typical equity transaction and what is occuring here must be a huge multiple of this. There is a game afoot, and I am sorry but the professionals at Strategy have never had to pick a pocket or two
The way the ATM is…
1/ Wall Street 2.0 is here.
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All Bull markets have started at 0.5x power law.
All have ended at >3x power law.
Right now we are at 1.06x.
Something is fundamentally different.
We are 2 years in. And fairly valued.
It does, in fact, feel like a "super cycle".
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Fading Bitcoin on the potential production of a higher low?
With a valid "breakout, retest, rebound" setup?
Couldn't be me.
We have a nice trendline breakout.
The only piece of confirmation that I'm looking for now is a breakout above the 21 and 55-day EMA (blue & red).
There's so much drama/chatter about bitcoin's boring price action. Just grinding generally upward with higher highs and lows.
Since this has roughly been my base case (bullish but boring), I went and wrote a sci fi book during this time.
You can just kind of skip boring things.
🚨 #Zcash just became crypto’s privacy anchor ⚓️🔐. With @zashi_app's shielded off-ramp, it solves the “fresh address” (aka gasless withdrawal) problem! Not just for ZEC, but for any supported chain. This is big!
👉 x.com/zashi_app/stat…
What’s the “fresh address” problem?…
🚨 #Zcash just became crypto’s privacy anchor ⚓️🔐. With @zashi_app's shielded off-ramp, it solves the “fresh address” (aka gasless withdrawal) problem! Not just for ZEC, but for any supported chain. This is big!
👉 x.com/zashi_app/stat…
What’s the “fresh address” problem?…
I still have faith ... not one to keep buying all the way down, but I drew a faint line in the sand. I think we saw the lows today. Could be wrong but I put my money where my mouth is. I wish you all the luck in the world.
@brucefenton In a practical sense, this is how it works.
1) Tether is by far the biggest, and it's run by bitcoiners
2) Because banks rugged exchanges in the early days USDT became the other side of the book. BTCUSDT is way bigger than BTCUSD.
3) USDT being the other side of the book grows…
Up only RWAs on Ethereum.
Blink and we'll hit $100 billion.
This is the institutional cycle and ETH is the next institutional grade asset.
Ethereum = world ledger
ETH = world reserve asset
GOLDMAN SACHS: SPECULATIVE TRADING HITS RECORD HIGH
Goldman Sachs reports its Speculative Trading Indicator is at its highest level since the dot-com and pandemic bubbles, driven by heavy trading in unprofitable, penny, and high EV/sales stocks.
Trading volumes are high in "Mag…
People say ETH doesn’t have a lot of supply because:
* Net issuance is close to zero or negative.
* A huge chunk is staked or burned. (~30%)
* The float is much smaller than the 120M total.
* Compared to demand (DeFi, NFTs, L2s, staking), the available ETH is relatively scarce.
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Now a crypto-currency markets analyst.
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