tochi

historical cycle drawdowns for btc • 2013-2015: -86% • 2017-2018: -84% • 2021-2022: -77% if we should translate that to current ath of $126k: • 77% drop is $29k • 84% drop is $20k ish no point finding out what 86% drop could look like cos what’s the point of the max pain besides im not expecting bitcoin to drop below 77% btw cos the drawdowns get less brutal each cycle so a dropdown somewhere around 65-70% might be considered reasonable that is: $38-$44k ish im not ready for this bros

@Ifeanyi_gmi try again

Use a recent pic dad😭

@Damian__web good tweet brody

@cajetan_01 thanks for your attention to this matter

@oxtochi Thanks for increasing my fears And for sure $38-44k is the range to watch painful but survivable as long as you're not leveraged

historical cycle drawdowns for btc • 2013-2015: -86% • 2017-2018: -84% • 2021-2022: -77% if we should translate that to current ath of $126k: • 77% drop is $29k • 84% drop is $20k ish no point finding out what 86% drop could look like cos what’s the point of the max pain besides im not expecting bitcoin to drop below 77% btw cos the drawdowns get less brutal each cycle so a dropdown somewhere around 65-70% might be considered reasonable that is: $38-$44k ish im not ready for this bros

@VigoVibe @0xileri kekkk

@oxtochi Finally found where this mf @0xileri got the good writing sense from. This is peak

one thing defi still hasn't fixed properly: about $100bn in value locked in defi, yet only a tiny bit of that capital is actually covered against the risks that matter most: > smart contract hacks > governance attacks > oracle failure > bad debts structurally, the defi stack was built for execution: ↓ blockchains as the consensus layer ↓ smart contracts as the execution layer → on top of that sits the application layer but when something breaks, there's nothing between the app and users' funds, which is kinda wild considering the many ways things can break onchain a 2022 messari report estimated that only 2% of total defi tvl had any form of coverage meanwhile over $3B was lost to defi exploits in 2022 alone, and billions are still being lost every year this right here presents a structural gap in the tech stack and a market gap begging to be filled asap exactly where protocols like @firelightfi become interesting firelight is a defi cover protocol built on @flarenetworks that turns staked assets into a protection layer for defi apps its model is pretty straightforward: xrp is bridged onto flare as FXRP → users stake FXRP into firelight vaults → they receive stXRP (a liquid staking token) → that capital backs onchain coverage for defi protocols → protocols pay for protection → fees from the cover market flow back to stakers this way the design does two things at the same time: + gives xrp holders a new way to participate in defi more productively + creates protection capital for protocols that want transparent onchain cover pretty clean one imo and quite sustainable since the yield doesn't rely on emissions alone but from actual demand for cover over 25% of its 65m xrp cap raise have been achieved internally, less than an hour after going live this feels like a relevant unlock for xrp, cos historically, it hasn't had many defi native yield paths and on top of that, an interesting role as part of a protection layer for onchain finance now looking at the bigger picture, this goes beyond yields, it's about finally adding the missing layer that should've been there since day one defi is already good at putting idle capital to work, now it needs to get better at protecting that capital too

@Nifaribs i wish i can fully say safe tho didn't lose money here, but didn't maximize the easy profits

@oxtochi marked safe from this

celestia bros, dec 2024

@oxtochi saw a tweet from 24 when you said $TIA wasn't going under $10 or so you jinxed it😭

@jonze100 yes king

@oxtochi what are we aping next?

these tempo shitters are sending hard until i bridge in smh

@waleswoosh undisclosed paid ads 👀

@oxtochi Buy a few wale cards

This was spot on. Since then, Xeet card floor did a 2x in USD value. But is down -12% in Xeet value. Now at $0.05 USD per Xeet, getting closer to my lower Xeet/USD targets

@KierianV cosmos ecosystem is cooked rn

@oxtochi bought at $13-15 cant do any better, fuck tia and cosmos ecosystem didnt get a single airdrop

@badboyfoxy twas fun while it lasted

@oxtochi 😂😂😂 rest on TIA

@vicsclarissa they better like me

@oxtochi Can't you see they don't like you? Smh

@savvyonchain lol, who's nikita

@oxtochi Send with causion thou Nikita is looking 🤣🤣

and in the grand scheme of things the x bangers are posted by few people and we've never seen them all but how do we know they existed if they don't hit the send button? they could be you, they could be me, could be anyone else go through your draft and hit that send button

@Eli5defi damn, what prompt did you use?

@oxtochi Done, send this to you! 🤣

@mykel_aGain only heard of timecoin for now

@oxtochi too real kek,which ones are you looking at tho

@Beardlesshosea missed timecoin lol

@oxtochi Tempo has shitters?

@BR4ted you'll never know king

@oxtochi got some feet pics in my drafts but TL is not ready for this level of content yet

@CryptoUsopp inf0fi printed for guys who went all in tbh

ngl but I do really miss those random infofi stimmies i had 5 figs each from newton, mira and falcon, good old days man even 2 months after the death of infofi - I still received $3860 worth of $BARD 2 days ago from nowhere didn't expect this at all