RP
2.3K posts
US population growth has fallen off a cliff
Nearing 0% levels indicating almost NO growth
Current levels have NOT been seen in 100+ years
This is worse than even the Great Depression
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Everyone who sold $AMZN at 118 off $META & $GOOGL #’s is currently buying it back at 126, fascinating
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Major support zone for #btc is 27960 and 28385. If this breaks and holds, likely #cryptocrash free fall for #crypto.
Even if this is the case, there should be some relief soon (to lure in more $BTC bulls) before a deeper and more substantial drop to liquidate more exit liquidity.
#CryptoTrading
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@MySixInches @CelsiusNetwork Lower prices would mean a higher recovery in kind.
So the opposite would be better
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I'll give props where it's due. Earn Ad Hoc attorney did a great job on this. Newco valuation waterfall makes no sense whatsoever. Props to the ad hoc for bringing it up (minus Frishberg, of course)
cases.stretto.com/public/x191/11…
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In the last weeks the Debtors and UCC have taken large strides to move these chapter 11 cases forward. The Debtors have filed a disclosure statement with respect to the Plan, which can be accessed at the following link: cases.stretto.com/public/x191/11…
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@SimonDixonTwitt @FahrenheitHldg @BankToTheFuture Liquidate and self-custody.
The biggest lesson of all the self-custody and people want to gamble it again on a new company without any real unique value proposition
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For #Celsius Creditors that want a first draft side-by-side analysis of @FahrenheitHldg Reorg Plan & #BRIC Controlled Liquidation Backup Plan, the head of investment banking at @BankToTheFuture put something together for you all. Hope it’s useful. 🙏
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You'd think after people got burned by prior celsius slide decks and puffery, they would approach any newco plan with more critical analysis. But yet I see folks championing extremely optimistic metrics that feel very similar to how Alex mashinsky projected celsius and celsius mining.
I guess for some people getting burned once ain't enough. 🤷♂️
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@ImmieV @DavidJAdler1991 Win the easy case first.
Once proof of stake is deemed a security then go after ETH
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#cryptonews $coinbase Below is the SEC complaint filed today against Coinbase. Pages 37-79 contain the allegations that, among others, SOL, ADA and MATIC are securities. storage.courtlistener.com/recap/gov.usco…
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On second thought wrapped Bitcoin is better than a custodial wallet because at least you know the bitcoin isn’t fractional reserve… you see their total holdings and you see the total IOUs issued. Honestly deposit receipts (on colorcoin?) you can verify would be ux improvement
David Bailey🇵🇷 $2.0mm/btc is the floor@DavidFBailey
There is no difference between keeping Bitcoin in a custodial wallet and keeping bitcoin on an exchange or using wrapped Bitcoin on another protocol. It’s literally the same thing. 🤦♂️
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@PeiChen01 @Ingalandia Where's the counter narrative educating the differences?
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Why is Rootstock viewed as not "native Bitcoin" but Liquid Network is?
Serious question.
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@jamesbulltard7 Tip of the recession iceberg if it catches on similar to Elon layoffs.
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@investanswers I don't get the excitement. Pegged Bitcoin isn't new on another chain. Comes with counterparty risk
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This has the potential to be an absolute game changer for both #Bitcoin and #Solana patreon.com/posts/solana-a…
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Not taking sides for the SEC here, but nothing in Brian's founding story of Coinbase requires an altcoin business: "difficulty sending payments globally" ... "losing trust in currency" ... "lack of loans". The bitcoin stack can handle all of this.
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