SnackCity
1.4K posts
Waiting for the EU and China to get in on the blockade action
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*TRUMP: IF I CATCH CHINA GIVING IRAN ARMS, IT'D GET 50% TARIFF
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@APompliano They are also newer companies still in their growth phase. A lot of older companies have matured and so they old their founders are dead.
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Public companies that are led by their founder have tripled the returns of the rest of the S&P 500 over the last 3 years.
Only 25 companies are still led by their founder in the S&P.
There is one big takeaway for investors from this research.
READ: procapinsights.com/app/articles/s…
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Grok is the AI to use if you value truth
X Freeze@XFreeze
Grok 4.20 Non-Hallucination rate improved to even higher than previous highest Just days ago, it hit a record-breaking 78% Non-Hallucination Rate - already #1 in the world, smoking Claude Opus 4.6 (max), Gemini 3.1, GPT-5.4 (xhigh), and every other major model Now, it just pushed that number even higher to 83% While every other AI confidently makes up stuff and fabricate answers it doesn't know - Grok simply says "I don't know"
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@josefabregab @chainlink Shouldn’t it be earning proceeds in $Link from all the value transacting through it? @grok
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Yesterday I posted about @chainlink’s value redistribution, transparency, and inorganic sell-side pressure problems.
Most replies pointed to regulation as the main constraint. However:
1. $LINK has been labeled a commodity
2. Staking caps have been raised before
3. A significant portion of revenue comes from offchain, regulated entities
Feels like we’re speculating and over-indexing on regulation as the explanation. The issue is that value isn't:
> visible
> verifiable
> reaching token holders
That’s what the market knows and what the market is pricing.
jfab.eth@josefabregab
Chainlink doesn't have a value accrual problem. The @chainlink team said, repeatedly, the protocol generates hundreds of millions in revenue. It's not verifiable onchain, but the numbers make sense. The two problems are: A) Consistent sell pressure B) $LINK staking caps Regarding A: Investors can't verify revenue onchain, or anywhere. Every time that analytics paltforms such as @tokenterminal or @DefiLlama share revenue numbers, these numbers are frowned upon by the community. However, capital inflows and investor confidence will progressively and very likely decrease if there is no transparency. On the other hand, the consistent sell pressure is indeed verifiable onchain. When looking at the exchanges net flows for $LINK, there's episodic but significant sell-side pressure that repeatedly hits the market, demonstrating a likely supply overhang (big periodic token inflows into exchanges, neutral behavior most of the time, and small outflows). Large token inflows into CEXs often means one thing: intent to sell. Regarding B: If $LINK staking caps remain low, the vast majority of investors can't access any value accrual for their holdings. Right now, most if not all of the value accrual is coming from token buybacks, and not even staking yield. However, these buybacks represent $1M/week, or $52M/year. However, the April CEX inflows alone account for $125M in potential sell pressure (14.5M tokens @ $8.62). Even if only a portion of those inflows are sold, they can easily outweigh buyback support during key periods. This is unsustainable, and investors can see it. But, the hundreds of millions in revenue? They can't see it. Chainlink is arguably the most promising project in crypto, regarding architecture, product market fit, and overall potential. But, for token price to reflect this, some serious changes need to be made regarding operational budget efficiency. I have many ideas regarding this specific point, and will be sharing them throughout the next following weeks. Tl;dr: The token price disconnect is not due to lack of value, but due to how value is distributed and perceived. Disclaimer: I am a $LINK holder, and I'm writing this post with the sole purpose of improving things so that we token holders can confidently hodl and accrue value while at it.
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Chainlink secures 71.09% of all DeFi and 81.77% of Ethereum DeFi.
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@ChainlinkWill Does chain link cash on a portion of those prediction transactions? I don’t understand how $Link can’t generate similar revenue to $Hype
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@SnaackCity @chainlink @Polymarket Grok suggests:
> Chainlink Data Streams and Automation have powered Polymarket's rapid settlements since September 2025, with reports showing over $1M in monthly LINK revenue linked to this partnership and higher oracle demand.
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Since adopting Chainlink to power 5 & 15 min crypto markets, @Polymarket has seen:
• $153M+ avg daily volume, up 3x
• $4B+ volume across 5 & 15 min markets
• $200M+ in week one of 5-min markets
The Chainlink effect is real.
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$TSLA - Approaching a possible buy zone. Just had to be patient once the diagonal broke. I assume a lot less are interested at lower prices now than when it was higher.
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@CryptoTaxFixer 1099 is mainly to show proceeds to the IRS to make people file their taxes that haven’t been doing it, besides that tax filing should be same as in the past. Stop fear mongering.
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Form 1099-DA is becoming a major issue as people approach filing deadlines.
Everyone is confused. Even tax professionals are struggling with it.
With most 1099 forms, it’s simple. Each box maps clearly to a specific place on the tax return. Box 1 goes here, Box 2 goes there. Straightforward.
That’s not how the 1099-DA works.
Instead, it lists a large amount of detailed, broken-down data without clearly showing which totals belong in which boxes on the tax return. So preparers are forced to manually piece it together, adding up numbers just to figure out what to report. That’s where the problems start.
For example, one Coinbase 1099-DA showed long-term capital gains with a cost basis that didn’t clearly match the underlying detail. At the same time, stablecoin transactions were separated from other short-term activity, even though they can function the same way.
So now you have multiple categories, unclear totals, and no obvious mapping into tax software. And that creates a real issue.
Tax software expects clean, summarized inputs. But the 1099-DA provides fragmented data. So accountants are left guessing which numbers belong where.
If professionals are confused, taxpayers don’t stand a chance.
In fact, over the past two weeks, we’ve had several consultations where taxpayers were told by their preparer, “I’m not doing this. You’re on your own."
That’s not rare. Many high-volume preparers rely on speed. They expect to complete a return in about an hour. Just figuring out a 1099-DA can take longer than that.
The result is obvious.
More errors. More inconsistent reporting. More headaches for both taxpayers and the IRS.
The form does a great job of giving the IRS detailed information. But it does a poor job of helping people actually use that information correctly.
There’s talk about allowing electronic versions and uploads, which could help. But that raises new questions. Will tax software integrate properly? Will this shift more burden onto software providers and users?
Even with those changes, the core issue remains.
The form itself is not clear. The totals are not obvious. And the path from the form to the tax return is not intuitive.
Until that gets fixed, confusion is going to continue.
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O Ancelotti não vai com a do Endrick. Isso é claro desde o Real Madrid. Não sei se ele não considera o garoto pronto ou se não gosta do estilo, mas o santo não bate.
Esse lance aqui foi a “Masterclass” do Endrick. Escapou de uma armadilha que pode ter carimbado sua vaga na Copa.
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@TheBigBroTea Mr Beast is more entertaining though, feel like that would blend into the game aspects
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Survivor editors are cutting down Mr. Beast’s Survivor 50 edit after the backlash from fans after they gave Zac Brown more screen time than some of the contestants #survivor50
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Top might be in for oil and gas
Cointelegraph@Cointelegraph
🚨NEW: Binance will launch oil and gas futures on April 1 with up to 100x leverage.
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@IncomeSharks Anything worthwhile to hold in the mean time? $XLP?
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S&P 500 - We don't have a setup for a V shape reversal. It's the same reason we didn't get a blow off VIX spike. This is not a repeat of April 2025, it's much closer to a repeat of 2022 in almost every way. Dip buying will work but plan on stomaching more downside first.
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@SnaackCity We got a rally and it was weak without continuation. So if that was the attempt at pricing in the war ending we might have to go lower first.
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My only concern now is the US and Iran finding peace and the stock market still dropping because the conflict was nothing more than a distraction from underlying weaking US economic data which objectively started getting worse before the conflict started.
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