BTC MoonFlag

Last week was one of the craziest weeks in crypto history. My main takeaways: • Leverage is extremely dangerous (especially when using investor/creditor funds). • Diversify risk + keep custody of your assets. • DeFi is much needed (on chain transparency). What did you learn?

@dergigi 🧑‍🚀🌕🇬🇧 You do understand it wasn't Solana right? 🫤

@jimcramer 🧑‍🚀🌕🇬🇧 #Bitcoin will be there soon enough.

what’s he doing here this beautiful morning?

@CathieDWood So basically all that is left to answer why inflation is supply shocks?... and not so much Fed prints?

One of the best leading indicators of inflation is gold. After soaring from $1,350/ounce pre-COVID to a peak of nearly $2,000 during 2020, the gold price has dropped back to $1,840 during the past two years, and the lumber price has dropped more than 50%.

The Fed seems to be worried more about its legacy than the economy: it is ignoring deflationary and dangerous signals. Relying on lagging inflation indicators like the CPI, Fed Governor Waller is calling for another hike of 0.75% in July.

@aaronbennett @21blacky @otisa502 @CelsiusNetwork Maybe. I don't know. They might of had $10B at some point. Bringing in external lawyers and Citigroup isn't sth done without Board requiring it or "strongly requesting". It's to count all the money to find out the where, what, why, who. Next forensic accountants will be hired.

@BTC_MoonFlag @21blacky @otisa502 @CelsiusNetwork You think they lied about the $10B?

Just a note, all this crypto fighting makes every one of us in crypto lose value. This fight that Alameda & its minions declared on @CelsiusNetwork is not good for anyone in crypto, b/c Alameda & its minions are dead set on liquidating that Maker #BTC loan, which is 23,963 #BTC.

@Kickabrickalong @PeterP91506768 @biancoresearch It is. You're correct. The Feds mandate is stable prices and maximum employment which refers to inflation and unemployment.

@BTC_MoonFlag @PeterP91506768 @biancoresearch I thought it was price stability and employment.

1/2 Fed Governor Waller spoke at a conference in Dallas this afternoon (Saturday). --- Federal Reserve governor Christopher Waller ... would support raising interest rates by another 0.75 percentage point at the central bank’s meeting next month. wsj.com/articles/feds-…

@aaronbennett @21blacky @otisa502 @CelsiusNetwork ,,,,,, and I think you've just answered your own question.

@21blacky @otisa502 @CelsiusNetwork Same thought. I haven’t heard an answer to this. Or why 500M would “ruin” their biz if they once had 10B in assets.

@CedYoungelman 🌕🧑‍🚀🇬🇧 Yeah no. Not for me. It's an assets class. And every asset has a trade in it at some point.

#Bitcoin is for buying, trading & hodling but not selling. Few.

@VandelayBTC @GhostOfNakadai 🧑‍🚀🌕🇬🇧 Looks like the Celsius bank run.

Buy the dip. Before others will. #bitcoin #BTC

@SimonYuSEA 🧑‍🚀🌕🇬🇧 Truth 👆

Inflation is in double digits so the Fed nukes 50% of everyone’s net worth in stocks, real estate, 401k, and crypto.

@dylanleclair 🧑‍🚀🌕🇬🇧 And the plot thickens.

well well well

Crypto contagion. A whole lot of funds/companies/products blew up their treasuries with UST yield on Anchor. Billions of $$ of promises - gone. I wouldn’t want to have any value in in a crypto yield product. I suspect we have some yet to be announced insolvencies here.

@PeterP91506768 @biancoresearch Maybe. There is also the fact that increasing rates too high make the interest payments on US debt unworkable. So Fed issues more debt prints more money and around and around we go. Factor in JoB 🇯🇵, Ukraine, oil prices 🛢️, DXY, housing supply etc., and it's a massive cluster.

@BTC_MoonFlag @biancoresearch Maybe they won't. What if inflation is still 5% or higher? I doubt they take that risk. If we head into deflation first then I can agree

@PeterP91506768 @biancoresearch To an extent yes. Price stability is a factor of inflation. Basic demand and supply dynamics. The Fed can't control supply of goods. Their toolset only controls demand by making money more expensive to own. But if unemployment moves up fast all bets are off. They will reverse.

@BTC_MoonFlag @biancoresearch IMO price stability is more important for the fed. The economy can still create jobs and low employment with high interest rates. It will just lose some jobs from some over leveraged trashcos first

@vincent_wales @DiMartinoBooth 🧑‍🚀🌕🇬🇧 Truth. Until we see everyday prices denominated in #Bitcoin in a much larger context it's just another asset class. BTC maxism in akin to cultism, religious or otherwise. And frankly it is off-putting to the masses.

@DiMartinoBooth Never understood why some people treat Bitcoin like a religion and treat any criticism personally. Very bizarre.

Remind me how to save these tweets please?

@PeterP91506768 @biancoresearch 🧑‍🚀🌕🇬🇧 The only two mandates the Fed has is to inflation and employment. In the current macro environment it's difficult to see how these two can coexist both unscathed. Reducing inflation with pendulum to higher unemployment. Pick your poison. ☣️

@biancoresearch It's not the feds job to make people rich or poor. They just control the money supply its up to the public to make the goods and services

@biancoresearch 🧑‍🚀🌕🇬🇧 Truth 👆

Bonus It should be perfectly clear by now the Fed only tool to making inflation go away is making you poor, so you stop buying crap and demand falls.

On my latest episode I asked @nic_carter the bullish and bearish cases for #Bitcoin in what could prove to be an inflationary decade. Don't miss our fascinating, wide-ranging talk! VIDEO: youtube.com/watch?v=0ugo4N… AUDIO: podcasts.apple.com/us/podcast/coi…

🧑‍🚀🌕🇬🇧 Be humble and always DYOR. #Bitcoin #Crypto

@JasonLes_ @BitcoinIsSaving 🧑‍🚀🌕🇬🇧 🤣🤣🤣🤣

Excuse me, can you fax me this instead?

@davthewave 🧑‍🚀🌕🇬🇧 Probably due to BTC cascading liquidations from leveraged positions 🤷

#Bitcoin Wasn't this suposed to go the other way [for those that retreated into maxilmalism]?