@scottmelker Happy to be the one who can give an informed opinion for a top already in and/or a bearish to neutral expectation for the next 12 months.
English
David Hoverman
1.4K posts
David Hoverman
@david_hoverman
Co-Founder of a sentiment data trade engine. Crypto Trader & Analyst that most people hate because their project is bullsh*t. Teller of the future.
Katılım Eylül 2017
1K Takip Edilen362 Takipçiler
I have another concern.
Once again, just an observation.
I was at Paris Blockchain Week and had the same conversation over and over again. We also discuss it on spaces repeatedly.
How long will this bull market last?
Consensus from almost everyone is 12 - 18 months of up only. Some said "forever."
I could not find a SINGLE person who believes that the top could be in, that the bull market will not be huge or that the possibility even exists that we won't go up massively and for at least a year.
When, in the history of markets, has the thing that everyone believes will happen happened?
(I remain bullish, for the record. But I refuse to ignore any glaring signs and will be managing risk accordingly)
The Wolf Of All Streets@scottmelker
I have some concerns. Fundamentally, with the ETF interest and the cycle ramping up, I want to believe that we go much, much higher. However... most of the top signals I would normally look for when I am not FOMOing are present - meme coins going insane, huge run on alts to historically overbought, bearish divergences showing across the board on high times frames and max greed. I would not be AT ALL surprised to see this market cool off massively for a few months before hopefully ramping up again in the fall. Not making a prediction, just observing that we are at one of those phases where NOBODY is paying attention to any historic top signals.
English
@scottmelker This was my favorite thing to do when I was in the VC world. Getting pitched bs tokens or companies that have absolute zero use case.
English
Want to start a show called “Boomer Does Crypto” or “Boomer On Web3” or “Old Man Yells At Crypto” where I basically bring on degen guests to explain to me why any of this shit matters.
English
@astroboysoup @axotrade Not gonna lie, this could be revolutionary
English
Trying to find anything similar or even comparable to @axotrade's Programmable Swaps. I'm Googling, but haven't found anything else like it yet.
Does anyone else have resources or links to other platforms that have similar composability of swaps?
#cryptoTrading #DeFi
English
@isadwatson I am targeting the same roadmap with my company. Only reason to raise past seed is for marketing/pr purposes (for me). My time in the VC/PE world showed this trend is becoming more common especially with B2C, SaaS and companies with IP/Patents.
English
@GameChangerSam
Hey @BrennanLM, I saw this while I was at Disney…for 1 point, can you name this bird??
English
@stefanovirgilli I like all of this...can easily expand on each point. Overall, you hit the nail on the head.
English
Is Web3 and Crypto adoption needed? And if so, why? I asked myself this question many times in the past few years, especially after big events like Token2049, where speakers get on stage to advocate for mass adoption. Here is what I can see.
English
David Hoverman retweetledi
✨New video of #Bitcoin pioneer Hal Finney unearths a 25-year-old talk on zero-knowledge crypto
The 1st time I've ever heard him speak 🧡
English
@gregosuri The irony...I am looking at buying H100s for my company. Would be much cheaper to pay $1.80 an hour.
English
I'm talking to a provider with hundreds of NVIDIA H100s that want to offer them on Akash for $1.80 an hour.
Akash will be the cheapest place to acquire H100s if it works out.
English
@snj_peters @astroboysoup Hey hey! Happy to connect and have a conversation.
English
English
I have raised a million dollars before in my life, and the game is 10x harder with Cardano attached to your name. The hard truth is: we will not be able to build #Cardano without VCs.
At some point, a project needs not just 100k but 10 million USD, quickly, and you cannot have an ICO every time you need cash. Some projects, like ZKs, need money long before they have anything to show.
VCs will maximize their upside, but it ultimately comes down to the deal the projects are closing with their VCs. Professional VCs are rational and want to see projects succeed. In fact, some VCs are really cool people who genuinely want to make the world a better place, especially those who made their money by exiting their own startup.
I understand that our community is proud that Cardano had a fair ICO, and it is one of the reasons why I am here too. However, projects that build on Cardano should be able to access this capital; otherwise, we will lose too many good founders and teams, not to other blockchains but simply to bankruptcy.
So, how do we change this?
There are two things we need to do:
1) We need to change our tone towards VCs in public. They are on Twitter and read what we post too. 🙃
2) All community members with connections to real VCs and with real VC experience should come together and form a task force to prepare a charm offensive (the Cardano Foundation should be part of this too).
Let's improve the atmosphere until the next bull run and showcase what we have.
Technically, we still have time to submit a Catalyst proposal. I am not doing it alone, but I would work towards it if I see that people with said experience would join me.
Santiago Carmuega@santicarmuega
I'm not going anywhere; I'm staying in #Cardano, BUT... I agree with you Patrick, sentiment is divided. Let me start with the bright side... It's refreshing to see new teams and solo devs getting onboarded into the ecosystem now that the tooling has improved. The teams building protocols, tools and platforms should be proud of this upward trend. Shout out to all the engineers at @InputOutputHK @Cardano_CF @aiken_eng @nmkr_io @marlowe_io @dcspark_io @fivebinaries @MLabs10 @hlabs_tech @OpShinDev @GoMaestroOrg @blinklabs_io @meshsdk, just to name a few. (and a shameless plug for @txpipe_tools and @DemeterRun too) This upward trend is also directly tied to individual tech advocates lifting the tide for all new devs. Just to name a few: @_KtorZ_ @amw7 @gimbalabs @Quantumplation @berry_ales @Padierfind @rickmccracken @matiwinnetou @adamKDean @SebastienGllmt @conraddit @rvcas @MicroProofs @_roberm_ @LarsBrunjes @danny_cryptofay (there're many more) The ugly part... I feel that seasoned teams that have been building for several months / years have a different sentiment. I'm talking about those companies with several engineers in the payroll, limited runways, where founders are investing their own money to keep the company afloat. You may ask: Why do they complain? startups are meant to be hard, right? Well, yes, but after a while, a few things in our ecosystem become painfully frustrating: 1) Funding is hard: VCs will slam the door in your face at the first mention of Cardano, I have 1st-hand experience of this. You don't even get to pitch your idea, you've already lost. Arguments they give are vague or unfunded, but it doesn't change the fact. Catalyst is your best choice, I'm really glad we have it, but it's not meant to support startups or business models looking to grow or even to become self-sustainable, it just wasn't built for that. 2) eUTxO is hard: this may sound as an implementation detail, but we're building on top of a new paradigm. We're still defining our best practices and reusable patterns. This makes development hard and overwhelming. 3) Infra is hard: Cardano infrastructure is so hard that I decided to build a whole business model around it 😅. Funny but true. A lot of team resources are going into efficient indexing, performant tx submission, CBOR manipulation, etc, leaving little room to focus on core business stuff. At the end of the day, some teams will survive, while others will leave. Hats off to all of them. As an ecosystem, I think our best option right now is to focus on governance. With governance out of the way, we should move onto: business development, infrastructure and user adoption. Best of luck to everyone in Edinburgh, we're counting on you. Let's get it done.
English
@scottmelker Midwest living in the “fly over states”, you can live well for significantly less.
English
Depends where you live in America.
unusual_whales@unusual_whales
To be wealthy in America, you need at least $2.2 million, per Charles Schwab. Do you agree?
English
@NWischoff How about I change your mind about AI and ML? I ask for 5 minutes of your time and you can decide….deal?
English
Was on a panel with other emerging managers. The moderator asked which category we thought was overhyped. Everyone said AI. Even the dedicated AI funds.
English
@scottmelker Yo! I am struggling with the same…though primarily it is sleep…care to divulge the secret?
English
I’ve been quietly working on something outside of crypto for a while. Sleep and focus are two issues I struggle with, so why not work with the pros to create the perfect solutions for myself and others?
English
@NWischoff Spite is a hell of a motivation...been fueling me for 3 years
English
Have spent several hours with a handful of the best investors in the world over the past two years. One thing they all have in common is an insatiable desire to win. Billionaires that still have massive chips on their shoulders.
English
I hate my job — all I do is crush cans all day. It’s soda pressing
English
I am looking for a cohost for a trading show on Tuesday mornings on YouTube.
Who would you like to see with me every week?
Ideally someone doxxed, hard to do this with someone anonymous. Someone outside of US preferred since we aren't allowed to have fun here.
Go.👇👇👇
English
@scottmelker @RobertKennedyJr I don’t think the democratic establishment will allow him to win the primary. Reminiscent of Bernie getting screwed against Hillary.
English
I’ve gone down a deep rabbit hole of research on @RobertKennedyJr.
While I do not agree with all of his conclusions (which can be said of every person on the planet), I am very impressed with his approach.
He is willing to openly say “I don’t know” instead of answering questions with an uninformed position. He does his research before making conclusions on topics. He clearly cares about the middle class.
Further, his core principals are universal - privacy, freedom, dismantling the establishment.
His candidacy feels like a watershed moment.
This is saying a lot for me, as you know I opt out of politics almost entirely and am registered unaffiliated.
Also. Biden needs to go.
I am literally considering registering as a Democrat as a result, as I think he will likely be the most reasonable candidate to defeat the older men we are currently forced to vote for.
English
Rehearsing with a 12 piece band for Toshi Kubota's "We For Real" Tour in 2006.
Vinyl and a classic Numark mixer, good times.
English
BREAKING! Today is the BIGGEST FOMC DECISION since the LAST FOMC DECISION and until the NEXT FOMC DECISION!
English