t-bone
14 posts


@DegenDraper_ @PocketChange_gg bro this has been live for 2+ years fully trusted and im not a perps trader what are you even smoking
read the docs yourself if you're as good at understanding how code works as you claim
docs.pocketchange.gg/security
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metamask told me i had $59 in tokens to sell.
@PocketChange_gg revealed i actually had $740 and let me sell all 50 tokens at once.
check your old wallets, you're likely sitting on more than you think.
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@NicoAIQ No, we see the industrial renaissance happening and have been talking about it for months.
You may not like it, but it is happening.
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There is a manufacturing renassaince happening
Anthony Pompliano 🌪@APompliano
There is a manufacturing boom underway in America.
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@BasedJef @iamyesyouareno Its not ....its a developing country with many problems but getting better everyday . Most Indians settled abroad are highly educated and skilled.
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Also, we'll write more on this later, but just like our Gacha Machine, which we provide API access to partners to utilize both our infrastructure and trading card liquidity pool.
Our marketplace is also available via API with 0 fees for those partners looking to build their own experiences around the @Collector_Crypt ecosystem. In addition, it will be compatible with the @metaplex cNFT V2 standard, more to come.
We have an opportunity to build it all on @solana , with all of you as partners. Lets not f' it up. DMs open
Collector Crypt@Collector_Crypt
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@CryptoCred It’s fucking terrible doesn’t go up enough to buy doesn’t go down enough to sell. Just a cancer sideways 99% of the time
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Crypto's current state is a bit shit
1. Market cap is not an indicator of quality - the top 50 is made up of ghost coins or bloated governance slop that has underperformed and is uninvestable
2. The long tail speculative stuff went from high risk high reward to 'some dude in Miami is going to zero this if you hold it for more than 5.9 seconds'
3. Everything is extremely correlated and you can't meaningfully make bets based on sectors as it all converges into a tightly correlated mush, especially to the downside
4. Broad brush alt season is an artefact of the past that's very hard to replicate given (2) and given that there are simply too many coins and the excess of speculation doesn't really happen on centralised exchanges anymore - it's been siphoned off to bundled shit in max PvP settings
5. Crypto reputationally is no longer the sexy frontier of speculation. Institutional bid is in AI, retail speculative bid is in 0DTE equities, single name stocks etc.
6. Convexity has flattened. Even a lot of the historically safe blue chip stuff (BTC, ETH etc.) has underperformed and the historical anchor of 'buy deep drawdowns because all-time highs are guaranteed and explosive' has disappointed. All the shit we used to put up with because of the accessibly massive trend and momentum effects is now harder to justify because those same effects are getting neutered or siphoned off into other arenas.
The obvious rebuttal is 'cycles' but even this past cycle is a useful counterpoint: it was extremely concentrated versus broad brush wealth effect, plus something very obviously broke after 10/10.
So what does this all mean?
1. In previous cycles, nailing timing was enough and selection was the cherry on top (rising tide lifted all boats). I don't think that holds - both timing and selection matter now and in the future.
2. Participation alone can be an edge if the asset class is early enough and/or mispriced enough. I don't think that holds either, and we might actually have to learn how to trade (fuck).
3. Hopefully I'm an idiot doomposting the bottom
GM
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if you have a long enough time horizon, cards at $17M is ridiculously cheap. I’d go as far as to say it is the most mispriced asset in the world right now
lbolord@lbolord
if you have a long enough time horizon, zcash at $5B is ridiculously cheap. I’d go as far as to say it is the most mispriced asset in the world right now
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