congee

@beaniemaxi Coinbase already had US perps before this and they seem to be completely unable to get sufficient liquidity there for traders to actually migrate over.

CFTC approves perps and HYPE moons which proves that crypto traders have absolutely no concept of second-order effects. If anything Hyperliquid will lose it's regulatory arbitrage advantage to licensed players like Coinbase and others which offer a secure controlled environment.

@Evan_ss6 What about a 5k word essay about why they sold?

Never seen an asset go up when someone writes 5k words a day defending their position just sell. it's that simple

How did I miss that HYPE would top at $67? (It's probably going higher)

The bid for crypto is drier than the Sahara.

I just don't think that this is a chart you go all in on at this very moment.

Might nerd out on Hyperliquid numbers later. Might not idk.

@lBattleRhino mathematically if i compound 1% a day i'm gonna have a trillion dollars in 10 years

Justifying every single decision you make by saying the word “mathematically” before spewing some absolutely indefensible logic

Inflation came in at 10%. Trump just nuked Iran. Oil is trading at $200. Every MAG7 laid off 90% of their workforce. Unemployment is at 20%. S&P +1%.

@Baskitchbrah they don't know about the choccy

Another day, another choccy

Post ETH clarity.

@blknoiz06 @elliotrades just post it publicly, nobody would buy it anyway

anybody wanna dm me the sandisk equivalent of the next 12 months?

@CL207 if cat bought these stonks instead of tank how many tanks would it be by now?

just checked hynix micron sandisk charts what the in fuck was i thinking when i bought silver plated DDR4 RAM instead of RAM stocks ?

@CL207 writing in cat at next ballot

isnt very act of being into politics and having so much desire for power such a red flag for someone to be a president/ leader? yet our choice is only from this pool of peope idk what solves it lmeow, mebbe we should just elect presidents at complete random

Observe your counterparty in the comments..

@fejau_inc revenues are there but valuation is already mostly pricing in ai supercycle no?

Yup, this really upset a lot of people! 😂 Some key distinctions here: - When I said unlike the dot com bubble, I was talking about companies that are using the infrastructure making good money, not the ones just selling picks and shovels - The vast majority of the revenues in dot com were in the internet infrastructure buildout eg Cisco. For the last couple of years that’s been the case here too with names like NVDA. Everyone knows this. - Of course some of the early internet companies were making revenue but it never got even close to proportional to the capex built - This time we are seeing revenue run rate that is one of the fastest growths in history, and it’s the end part of the value chain doing it which is exciting, everyone knew everything before that would be making money that’s not new. - I got a lot of hand wavy criticism because they aren’t profitable and it’s just revenue. Fair, but also a weird expectation for companies that are barely a decade old. As well, if you read the semi analysis piece this chart number came from, the marginal cost per token sold is improving dramatically and heading in the right direction. Gross margins went from 40% to 70% in a month. Net margins I think will eventually get there but I don’t see why we need to expect them to Get there overnight or otherwise call them a scam. That’s the entire point of venture capital to bridge these companies to profitability. Much like Amazon who wasn’t profitable for decades. - Anyway these are just thoughts from a tourist, I don’t know what I don’t know. But what I do know is when there’s 10 comments calling me ignorant or dumb and this whole thing is a ponzi for every 1 positive comment, there’s probably a trade there. Have a good weekend!

Doomers were bearish for years on big tech because they had nothing to invest in and spent their cash on buybacks. Now the same doomers are bearish on big tech because they are spending too much on capex?

@lBattleRhino damn bro what did the malaysians ever do to you

Can't save the goyim from their collective delusion. Can't fight them either.

@lBattleRhino 4 year cycle behaviour doesn't just disappear immediately the gUaRaNtEeD Q4 bottom is exactly the type of room temperature iq narrative that feeds on itself there will almost certainly be an echo bubble main question then is if it makes new ATHs or not

I keep seeing people say man everyone is apathetic we gonna run the bull back so hard time to lock in. Are none of you concerned eth / sol barely eclipsed prev cycle aths, btc clearly demonstrating diminishing returns cycle over cycle with saylor holding inordinate amount, quantum threat, only interesting narratives exist in tradfi etc etc Could go on, same reasons i spoke about when derisking last year. Serious question, does none of this concern you when you’re blindly parroting that the next cycle is gonna make ppl “so fkn rich”. Sure there’s always asymmetric opps that come up to make money on but holding spot majors hasnt felt worthwhile for a long ass time. Curious on thoughts from people still bullish the space going forward

@CL207 those wage kucks are just at the bottom of the K while Kat is top of the K with capital K

is it just me or the financial system dosnt really make a ton of sense i still cant fathom the idea of me buying a stock, and suddenly the smartest most powerful people in the world now has obligation to do good job, and am just leeching off hard work this shouldnt be legal