LigmaStCapital

you know how every day has one take so bad that everyone dunks on it for days and weeks to come. i just saw today's. it's real bad. not gonna QT, but its so so so bad.

@smdiehl I hate to see you leave, i love to watch you go. Good night❤️

I figure my days on Twitter are probably coming to an end sooner rather than later, if I were to set up something to continue anti-crypto activism what would be the preferred platform. Discord, Slack, IRC, Mastodon?

Proudly told my friends when I made it to $1m last year. Literally only lasted one day, down only since then and only have about $1k left.

@nic_carter @mr_precio 3) I think it's strange to back a USD stable coin with BTC - the standard way would be to back a USD stable coin with USD. Choosing BTC introduces exchange risk. Seems more like an attempt to pump up crypto sentiment, which appears to be a key pillar to the peg.

@nic_carter @mr_precio 2) Anchor protects the peg by offering higher interest to UST holders. IMO this is clear evidence of weakness - strong banks don't offer very high rates, banks on the brink do. Also eventually weakens the peg, as more UST must printed to make interest payments.

@nic_carter @mr_precio So by operating a stable coin Terra is more like a bank. As long as its UST peg stands it can piggy back off demand for USD. The peg appears to be maintained using 1) Luna and 2) Anchor's 20% interest rates 3) new BTC reserve fund. I think overall it seems fragile.

1/ Get a cup of coffee. In this thread I’ll slowly and painfully describe an idea. That could easily be grasped in under two minutes. If I didn’t insist on writing in this inane fucking format. 👇🧵

@dailydirtnap Cash = option Option value is maximized by vol. Inflation is option premium.

Yields on Chinese HY dollar debt just surpassed 25% for the first time.

@StockJabber Plot twist: this was you

The SEC just awarded $14 million to a whistleblower "who published an online report exposing an ongoing fraud [and] days later shared the same information with the SEC..." This could set a big precedent for activist short-sellers becoming paid SEC whistleblowers.

When I bought 1,000 barrels of oil back in April 2020 for -$37.63/bbl they all laughed at me. Who’s laughing now?

What could go wrong?

@gh1124_ @RamonGainez @bennpeifert I’m sorry do you think 250k is overpaid?

@RamonGainez @bennpeifert I can’t speak with any insight beyond reckless speculation so I will abstain from taking a wild guess here. Hence my follow up question to Benn hoping maybe he actually did know more than had previously been offered.

most organizations in high finance are a complete cluster*^%# when it comes to technology. managers don't come from a technical background, cannot understand the infra/architecture work that is invisible to them, and pay senior traders 2.5mm and senior devs 250k

@ABot0004 @ThomasLassi Haha I feel this 100% Me at work: Why the fuck are watching curling? 2 hours later: Jesus Christ what a throw. Team USA set up the perfect guard in the 7th end

@kasta_app We are already at a point where Kasta isn’t needed

congrats to @0xSifu on broaching 3000 ETH deposited to tornado 🎉

@nope_its_lily Gambling

GRRRR, twitter sent the damn thread out before I was done!!!!! Ok, let me continue, Here is a chart of $SPY You can see that type of aggressive buying with that "two way action" that I talk about.