Brian Rolph Jr

The real reason the $link team dumps tokens.. 👇🏼 There seems to be a massive misconception in the $link community that when the @chainlink team dumps the token from the CL wallet that it’s to fund growth..

@krugman87 Same

I'm definitely very close to just being done with crypto. I've really only been interested in 3 tokens for a while now: $AAVE, $ETH and $LINK. I had to walk away from my aave position due to some of their top people showing poor judgement and self control. The recent exploit just solidified that for me. The vast majority of DeFi is dead in the water anyways. Tradfi isn't going to touch this stuff. Ethereum decided the next most important thing to tackle is... 50 bips of inflation? Oh no, people are participating in Ethereum's security! The horror! But this is just one in a long line of bone headed focuses (L2 roadmap anyone???). I still like LINK but the foundation is still dumping like 5-7% of the supply every year, which is a huge amount of inflation to absorb and likely one of the reasons the price action has been crap.

@andyyy @lBattleRhino max bearish crypto including BTC more than ever before Only time will tell.

Volatility in crypto is different than traditional markets…yes. Oil up, equities down, coins down more. Oil down, equities up, coins up less. I’ve started to develop a growing idea around the emergence of this AI trade coming to an end in Q2-Q3 this year as the major names (OpenAI, Anthropic, SpaceX) launch their IPOs. This will be a major, major liquidity event for the investors and completely change the state of these companies. Post IPO, of course they are public and for investors to underwrite them requires a $1T mcap base entry price with as a long-term investment opportunity. Many of these investors will rotate into Bitcoin. It will be a very very clear capital rotation at the peak mania for AI, and peak disillusionment of digital assets. Patience.

@ThinkingUSD Banger

Crypto is paying a high price for years of altcoin scams and grifts. It can feel like a toxic industry where very little value is created. It's easy to feel disillusioned and wish you were focusing on AI-related trading, businesses, or working at a startup in that sector. Many companies and investment firms have already begun the rotation out of Crypto. Don't let your apathy make you unproductive; it's your personal responsibility to continue learning about the world. If you feel the call of the wild, then go. For the ones brave enough to stick around, not only will the risk-reward be as asymmetric as it's been in recent history, the concentration of upside in a handful of assets will make it EASIER to generate massive returns. There is less capital looking at Crypto exposure than ever before. This all changes with a rapid repricing in Bitcoin this year, which I believe is inevitable. For a long time in Crypto, nothing felt buyable due to an excess of capital being forced to deploy in a sector with limited opportunity. We're in a new regime now. We're reaching a similar level of apathy that I felt during 2019 and 2022. I almost quit Crypto to go back to TradFi. It's no surprise those were the years where I generated the bulk of my returns (sans Hyperliquid). Outside of trading, if you're passionate about the space, companies that are still building during this period will be positioned to take advantage of the inevitable reacceleration of this industry. Working at top-tier companies in the space is more accessible than ever due to a shortage of people entering the field. Don't undervalue your time.

$1.3B Just approve the creative concept.

@BullandBaird $LINK $HYPE $BTC I dunno - this seems like it’ll be a horrific take in 3-5 years. Same FUD, diff cycle

Its just remarkable to me how fast crypto became irrelevant. No one built a single thing on it that gained widespread adoption (I guess other than just a payment platform) Remember when it was going to replace the dollar? Laughable.

@molesy39 Sameeeee

looking to scoop up cheap hype and syrup at some point

Retiring early looks so attractive when you hate your job and as soon as you start working on something you’re passionate about the thought of retiring early goes right out the window.

@haumicharts @ethereum @solana I think you have the wrong tickers for “the plumbing of instituional and global finance”

Ethereum and Solana were valued on the assumption that they’d eventually become plumbing to institutional finance. What happens to their value if it never manifests? @ethereum @solana $ETH $SOL

Not sure about HYPE specifically, think we all know the upside so if we get $20 that’s a gift from heaven. Regarding BTC / Eth etc, think macro is horrible. Never seen stocks / tech / AI run so hard and crypto can’t catch a single bid. 10/10, Aave, WLFI, etc. dark days ahead. I still think BTC tags $40-50k bottom at some point. Happy to be wrong of course.

What we think friends? talking hype and overall market direction.

@CoinbaseDuck From now? No shot.

I think 1.5-2 years crypto bear market should be considered as base case, any shorter than 2 years is a blessing.

@yo @oliverbrocato Literally was just gonna say this lol..

@oliverbrocato This looks familiar... x.com/yo/status/2046…

Love flood. Will have to give this a listen. I am becoming more bearish on BTC over the years given saylors exposure and control on supply, in addition to metals running during geopolitical crisis when BTC play is a safe haven asset / hard money. I don’t believe Wall Street and hedge funds love the idea of saylors holdings.. I think long term it’s a net negative for one entity to hold that much of BTC supply.. in addition to security budget concerns and quantum concerns (which is a bit hilarious tbh), i dunno. Need to do my research on STRC. $30-40k a bid just because the opportunity. But feel like if I’m going into this sector there’s many other plays worth the risk.

great listen, particularly in regards to STRC there are fundamental misunderstandings about Strategy and risk behind STRC that everyone in crypto should understand the risk adjusted cash returns are excellent IF you are a Bitcoin bull long term, as your BTC conviction is the prerequisite for trusting the yield, not an exit plan in the case of liquidation (where you would NOT receive BTC directly, but residual cash after senior claims are satisfied) however, one downside is many people who are not educated on the above will buy in expecting 11% returns on their cash without understanding the position they have unknowingly taken on Bitcoin in terms of systemic risk, Strategy runs ~20% leverage, the preferreds are perpetual with no maturity walls, and there is no margin-call mechanism that would force BTC sales. the capital structure is specifically designed to never be a forced seller, so they are largely overblown that being said, it continues to be one of the more important proxies for BTC price action to pay attention to and understand

@lindsay__stamp Yeah, I was speaking more broadly regarding RE. But agree

@brianrolph3 I bought the house in 2020 when home prices were low and rates were low. It made perfect sense back then given the environment

You’re down to 1 final rental property. Your tenant calls and says he’s moving out May 15th. You bought the house in 2020 with a 3% interest rate, cash flows nicely, and your percent equity is 71.4%. Also, you want to relocate across country with your family. What’s your move?

@DrCamRx @MurrayHillGuy1 😂😂😂😂

@MurrayHillGuy1 Weak argument. Almost all of those are supplements that are regulated, and produced in US facilities that follow GMP to ensure best practices and a documented supply chain. Injectable drugs are much stronger with serious health consequences. need to be FDA approved for safety.

"Most peptides are not FDA approved." Yea, neither are... • Magnesium • Alcohol • Blow • Collagen supplements • Ashwagandha • Creatine • Essential oils • Caffeine • Probiotics • Fish Oil

Me setting my cost caps to below breakeven target and a gut wrenching inflated daily budget that I hope never actually spends because my LTV;CAC is superior

@fundstrat @SBF_FTX wtf. Lol. Tell your admin to take the week off

Astounding and congrats @SBF_FTX

Checking in on the NBA’s old timers… Durant’s flirting with 10 turnovers in his first playoff game as a Rocket. Steph’s at Coachella. Kawhi’s planting trees. LeBron is averaging 39 MPG & 24-8-10 to go up 2-0 without his team’s 2 leading scorers. 🐐🐐🐐

@channelchartist About $5,000-8,000 or so.

I’ve earned 1,600 $LINK via #staking so far since inception. Will it all be worth it in the end?

@mikemajlak @blknoiz06 Sit this one out Mike

@blknoiz06 shit my whole graduating class was sniffing OxyContin, driving drunk, and smoking cigarettes so maybe it’s lowkey progress?

the youth is injecting fat loss drugs, taking boner pills & smashing their faces w/ hammers we're living in dark times