spidermonkey
7.2K posts

spidermonkey
@spidermonkeyWHY
Hooked on Internet Money | Advisor @okx @wallet
Trenches 参加日 Kasım 2023
1.2K フォロー中983 フォロワー
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@andyfang Anyone who does this, just know you are training your replacement that will never get tired, never complain, never takes breaks, all this data is being collected for pennies on the dollar, if you knew your worth you would avoid helping them but you will most likely be a pawn.
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@itsolelehmann when this was written i was the only person on growth marketing. i was a one person team for nearly 10 months. growth marketing != gtm
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@VasilescuSergiu @DaOnlyDegen @Sxyz500 @0x3Samurai @Pongooeth @0xyspiral @andres_solt @EvanLuthra @BtzEightyEight Happy Valentines Day to my loves ❤️
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Happy VDay Law Group! ❤️🔥
All credits for this idea goes to @DaOnlyDegen our honorific global CMO 🫡
Thank you for your love and hospitality.
#HKambassador
See you soon guys - @spidermonkeyWHY @Sxyz500 @0x3Samurai @Pongooeth @0xyspiral @andres_solt @EvanLuthra @BtzEightyEight
VD Law Group@VDLawGroupEU
Happy Valentines Day Law Group!
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@MemecoinSummit @Remembers_xyz Live one life to remember baby
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Bros made the St. Moritz mountain louder than any crypto conference.
Winter summit hit different. Still buzzing 🔥📷
When is the Summer edition? @Remembers_xyz
#Supercars #StMortiz #Rally
Remembers@Remembers_xyz
Global energy, shared memories!💥 Reliving the winter experience alongside our Official Partner @memecoinsummit 🤝 Bringing that main-stage energy to the slopes and taking the vibe to a whole new level! We created an experience to remember! 🚀 #remembers #cryptoelite #memecoinsummit #winteredition2026
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is the cycle over?
with this dip at –24%, it’s the third-largest correction so far.
standard liquidity flush or a structural breakdown?
this correction doesn’t violate higher-timeframe momentum or structure.
we’ve seen deeper retracements in previous cycles before expansion,
but the sentiment has never been this bad.

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Why I Think Michael Burry Is Shutting Down Scion Now
Let’s put a few things together…Burry’s liquidation letter, his depreciation thread on the hyperscalers, and his “me then, me now” Big Short meme and he’s basically spelling out one story.
He thinks we’re in an earnings inflated, AI driven bubble that a value investor can’t sit inside without eventually getting crushed.
In the letter he says it plainly “My estimation of value in securities is not now, and has not been for some time, in sync with the markets.” That’s not a I’m tired of running money line. That’s a man saying, I can’t reconcile what I see in the numbers with the prices the market is willing to pay. When someone like Burry reaches that point, the logical move isn’t to keep collecting fees and hope it mean reverts. It’s to get out of the structure that forces you to play the game at all.
Then you look at his post on depreciation. He’s saying the biggest beneficiaries of the AI boom that includes META, GOOG, ORCL, MSFT, AMZN of juicing earnings by quietly stretching the useful life of servers and GPU rigs that are really on a 2–3 year technology cycle. Extend the life in the accounting model, and you cut today’s depreciation expense. Cut depreciation, and EPS looks 20–30% higher than it would under a stricter assumption. He’s saying that the market is paying premium multiples on numbers that are, in his view, structurally overstated.
Put that together with the “me then, me now… it worked out, it will work out” post, and he’s clearly casting himself as the same guy who sat in front of a wall of subprime prospectuses in 2005. Back then, he saw engineered AAA paper built on bad collateral. Now he sees trillion dollar market caps built on AI capex and accounting choices he thinks will blow up 2026–2028 as the depreciation math reverses.
SO WHY SHUT DOWN SCION NOW? MY HIGHEST PROBABILITY READ IS THIS
He expects a major repricing in the very stocks that dominate the indices and he doesn’t want to live through the last, craziest stretch of the bubble with other people’s money tied to his name.
If he’s right about the under depreciation, then over the next few years earnings growth for the hyperscalers should slow sharply or even go negative just as the AI narrative cools and the cycle matures. When that happens, multiples compress, passive flows that are overweight those names work in reverse, and the broad market takes a hit because the “Magnificent Few” are the market. From his perspective, that looks less like a normal correction and more like the equity version of the housing unwind: a long stretch of fake comfort, then a sharp break when the math can’t be hidden anymore.
Closing the fund accomplishes a few things at once. It lets him step aside before that break, so he’s not fighting client redemptions or daily benchmarking while he’s trying to hold deeply contrarian positions. It frees him to short or sit in cash on his own terms, without regulators and LPs looking over his shoulder. And it sends a signal: if valuations are this disconnected from what he thinks the true earnings power is, the most honest thing he can do as a fiduciary is hand back the money and say, I don’t want you in this.
So, in my view, he’s not walking away because he’s done with markets. He’s stepping off the stage because he thinks the show has turned into something he’s seen before: a late cycle mania, powered by flattering models and aggressive accounting, that ends with a long, grinding reset in stock prices especially at the top of the index. @michaeljburry

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@trenchrrrrr @nano Cause @spidermonkeyWHY only shills the ones he buys at 20k mcap and holds 10% or gets kol deals on 😹
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wtf $XNO is literally sucking liquidity from other alts rn
+15m added to mcap since last night 👀
Is @nano the chosen one?

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