L.A.2012
19.4K posts
L.A.2012
@LA201210
#Bitcoin Only | Travel | Fuck your Fiat | Go Pats 🏈 |
Los Angeles, CA Katılım Haziran 2021
76 Takip Edilen541 Takipçiler
I'm (mostly) out.
Selling the entirety of my KYC coins before news breaks of this exploit. I'm not sure bitcoin will recover from AI exploiting this bug. I don't trust any HW Wallet is safe anymore and the masses are not going to roll dice and hand generate their seeds.
It's been real, it's been fun, but it hasn't been real fun..
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Rolled my own dice on the MK3
😮💨😮💨😮💨
@COLDCARDwallet what a fuck up
L.A.2012@LA201210
#coldcard just shipped in.. A lill disappointed that they didn’t announced Mk4 but oh well. Cold storage your #bitcoin
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If you have bitcoin residing under a single key that was generated on a Coldcard Mk3 between 2021-2023, and you
- did not incorporate dice rolls
- do not use a passphrase
- do not use multi-sig
I would advise moving funds as soon as possible.
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@nerdalert Stop being a bitch…
They have no control over the outcome of rate increases or decreases..
therefore they can spook and buyout the idiots over leveraged
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This type of manipulation by Citadel should be illegal. Not defending Leopold's risk management by any means, but Citadel intentionally put out a bearish note on a surprise rate hike on Tuesday, bought out Leopold's positions at rock bottom on Wednesday, and now is participating in wild returns on Thursday.
This is disruptive for the broader market, not to mention sleazy and gross.
amit@amitisinvesting
OH. MY. GOODNESS. CITADEL HAS BOUGHT A MAJORITY OF THE PUBLIC ASSETS FROM LEOPOLD'S SITUATIONAL AWARENESS FUND. So...Citadel scares everyone on Tuesday about a surprise rate hike during FOMC that WE ALL KNEW was not going to happen... On Wednesday, the entire market freaks out about the rate hike which causes the selling to compound on itself creating 50-70% drawdowns across the board in high beta semicondcutor names... Which means Leopold who we now know had $45B of assets and was 400% LEVERED ends up being the sacrifice as he gets liquidated at what theoretically could be the bottom due to not having the margin requirements to keep solvent... AND THE PERSON WHO CAUSED THE SELLOFF WITH THE RATE HIKE FEARS ENDS UP COMING IN TO BUY HIS ASSETS FOR 40 TO 50 CENTS ON THE DOLLAR. By the way, Leopold is getting married this weekend. I think he wanted to make sure he wasn't getting margin called during his wedding. A vet on wall street in Ken Griffin takes out the young new kid. ABSOLUTE. CINEMA.
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Leopold is honestly the biggest badass out there, riding the AI wave 4x leveraged, getting liquidated days before his wedding, then selling his fund to Citadel.
This is literally a movie. Can’t wait for the film adaptation.
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@mithcoons The guy shorting AI on spaces yesterday is probably not going to talk to u today 😂😂😂
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Be Citadel Securities
✅ Issue scary & unlikely headline
✅ Liquidate the Degens - Situational Awareness
⬜️ Buy the bottom - we are here 🪧
⬜️ Liquidate the Shorts
⬜️ Profit ♾
Matt C⚡️@mithcoons
Be Citadel Securities 1) Issue scary & unlikely headline 2) Liquidate the Degens 3) Buy the bottom 4) Liquidate the Shorts 5) Profit ♾️
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LEOPOLD ASCHENBRENNER'S $20 BILLION HEDGE FUND MIGHT BE IN TROUBLE.
Aschenbrenner joined OpenAI's Superalignment team in 2023.
OpenAI fired him in 2024, over an alleged information leak he says was actually about him raising safety concerns.
Weeks later, he published a 165-page essay called "Situational Awareness: The Decade Ahead."
It argued AGI was coming by 2027, and that the world wasn't ready.
The essay went viral across Silicon Valley and Wall Street. It made him one of the most talked-about young investors alive.
He then launched Situational Awareness LP in September 2024 with just $225 million.
Backers included Stripe's Collison brothers and former GitHub CEO Nat Friedman.
Within two years, the fund grew to roughly $20 billion in assets. It was up 439% for the year by June.
Then the AI stock selloff hit.
The fund has taken a sharp fall in value in recent weeks.
Oracle and AMD are both down about 20% in July. Smaller holdings like Nebius, Bloom Energy, and SanDisk have fallen even further.
Here's why this might be serious.
The fund is now offering some investors the option to buy assets directly out of its own portfolio, instead of just taking in fresh cash.
Normally, a healthy fund just takes new money and buys more of what it already holds.
Offering existing positions directly usually means a fund wants liquidity without dumping shares into the open market. Selling into an already falling market would push prices down further and lock in bigger losses.
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@mymixtapez Why he look ripped and bloated at the same time????
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Lil Wayne is going viral after hitting the stage looking built at 43 years old. 💪🏾🔥
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@kevinbhobart @NighthawkTradez What comes first…
Revenue
Or
Dilution
Or
Warriors Championship with Iren logo?
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@NighthawkTradez Wait until IREN revenue hits the books. Its spring loading.
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@0xReflection Imagine being stupid to DCA a shitcoin that will get replaced by another platform that’s faster and less fees
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This is what capitulation looks like
10 months of nonstop selling
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Just bought 100 shares of $IREN and 60 shares of $BTDR
love it, when these stocks are on sale.
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@aleabitoreddit Sold mine at $71… Bought Bitcoin with it 🤗
Thx bag holders
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$1,000,000,000,000 wiped out from US stock market in last 30 minutes as US 30-year bond yield hits a 19-year high.
Ash Crypto@AshCrypto
$600,000,000,000 added to the US stock market in just 15 minutes after Kevin Warsh says the US economy is strong and steady.
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@alllllli_ @TMZ Sounds like when the left was going after orange clown lol… Both side are filthy
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