Erra Ding

Safety and danger: both are illusion. All is fragile except All.

What I expect: a weekly closing above 70k with our huge lower wick, and 100k next week. It sounds crazy, but so the markets are…

@cobie @ledgerstatus Time to cut your longs and long your nails 💅 getting ready for nail tapping asmr unboxing ledger usb wallets for liquidated empty portfolios

@ledgerstatus Maybe we should pivot and do unboxings

In case yall were interested. I let the schtick play out to be a friend. Obviously didn’t get $12.5m. I did think we were gonna do some pods though. Maybe sometime.

Coincidentally found some messages from Epstein to Goertzel (singularity coin guy) and now got lost in this rabbit hole. #FET $FET

Time to call @TuurDemeester ☎️ he knows this thing

Can you guys feel the chaos before the crash which will set the bottom? Feels like it is coming tomorrow.

@alistairmilne Feels like 1-2 days before COVID crash. How will you call today in the future? Iran crash, silver crash, Welsh crash or Epstein crash? Maybe “the great panic”…

Weekly RSI is approaching COVID crash levels

Let me check what happens to Bitcoin price every single time a week after gold RSI goes over 80. Hmm… will it be this time different? (A new ATH)

@mert If both also had their token on your favorite exchange, why not… Now please tell me what the price of Zcash will be when all $5billion gold tokens (XAUt and PAXG) are rotated into Zcash at the same day.

"Metals are overbought, that money will rotate into crypto soon" Is like saying "electricity is overbought, that money will rotate into methamphetamine farms soon"

@naval It is not the pleasant what quickly spreads, it is the horrible. Look for those trying to induce fear permanently on X, they are the source of lies.

Lies are generally more pleasant than the truth because otherwise, how would they spread?

While your bitcoin is dropping 10% daily if your shitcoins are dropping also around 10%, no man, it is not a time to cry. It means you are in bull market: in the alt season you have been waiting for years. The bloody tears are flowing like a wild river on X — I am buying.

@mert In before doing it for Orca?

all traders and investors always miss this, but it's insanely important a big difference between crypto investing and tradfi investing is that in crypto, you can increase the value of the project without permission example: assume there's a project that is #157 in mcap traders price this asset based on macro, its relative comparables, and some historical patterns it's almost always current/past looking they physically can not price in the fact that a builder can come in, write some new code and some new apps, and drive increased usage and attention to that project you can not do this with traditional companies because they are generally not protocols that you can contribute to this is a big reason why some of us had immense confidence in SOL at $8 while most traders declared it dead same thing happened with Zcash, etc the builder has more influence than ever before

The game is easy. The next 20x is #BAT The narrative is privacy. Google is the trade in NASDAQ. You have a browser, top in privacy named Brave with over 1% market pie and here is your crypto founder who also created Javascript and Mozilla. BAT holders has a lot of #ZEC.

@DoveyWan Musk probably will appear one more time. For investors doge pump feels like a too obvious omen of an everything bubble top, and it causes a massive craze and euphoria among the masses, so it is a bit scary moment and who knows maybe better to have it really at the end this time.

@DoveyWan Trump and family have some potential although Trump looks like a ruthless dumper. Probably younger ones in the family would love and dream to lead some bull market moves. Musk also likes it, and I think he has to appear again one more time.

The difference between 2017 and 2021 bull run can be foreseen by comparing John McAfee and Elon Musk. Since officially now: Elon Musk is the new McAfee of crypto.

Or let me tag @grok instead

Grok should make the unheard ones heard and make the unknown gem known @elonmusk

Every alt season creates its own star who recreates and curates that alt season. Only a few stars for each alt season, and less of them can stay honest. Looks like @mert is one of them - just an early observation.

@VinnyLingham A crypto boom always drives more money into stablecoins. People with their overpriced crypto portfolio and with the trust of their continuing “earnings” can leverage more. And interest seekers buy stablecoins to feed the leveraged people. And tether gets forced to buy US debt.

Here’s an interesting observation: A crypto market crash would drive money into stablecoins. Stablecoin issuers are forced to buy US Government debt (which finances US gov deficit spending).

@DoveyWan Thank you Dovey! Hearing it especially from you made me whole again, I forgive the internet now…

@errading wow such a vision!!

"Code is Eating the Bank" 👇Here is the flow 1. Global users hold stablecoins 2. Stablecoin issuers buy US Tbills 3. US Treasury gets cheaper funding 4. Stablecoins pass yield to users 5. Inflation tax becomes irrelevant 6. Dollar dominance increases & debt is sustainable In this world, US ndoesn’t need 2% inflation to finance its debt. stablecoin becomes the new distribution rail for US sovereign debt, deepning tbill's demand in global collateral utility acting as a global saving acct & mmf This is why @tether @circle @Anchorage @worldlibertyfi $USDT $USDC $USAT $USD1 are becoming instrumental macro actors in this monetary meta shift Above is a huge realization after meeting meet my biggest hero @CathieDWood irl, her insight that stablecoin can potentially rewrite the inflation target back to 0 is deeply first principled. Once the “inflation tax” disappears and bank deposit wholesalers cant rent seek on cash anymore, the old fiat incentive model breaks Code is eating the bank