WOW
Per CoinDesk, Alameda research has $14.6 billion of assets, against $8b of liabilities.
For assets: $3.66b FTT, $2.16b “FTT collateral”, $3.37b crypto ($292m SOL, $863m “locked SOL”), $134m USD & $2b “equity securities.
Most net equity tied in completely illiquid altcoins.
Easiest prediction I’ll ever make:
1. Fiatbrained bozos try fractional reserve banking with #BTC and get rekt
2. SBF fancies himself to be a savvy JPM, bails out the bozos(u r here)
3. Which only encourages more bad risk-taking
4. SBF needs a bail out, but can’t print #BTC ☠️
@blknoiz06 95% of these trendy alt L1s will fail to maintain ecosystems & anything that will struggle with funding will disappear — eg Sushi maybe. And all the coins going full ponzinomics for growth purposes will die, like a bunch of the Avax ecosystem. Most NFT roadmaps will be abandoned.
@cryptodude999 I just dont understand. Some shitcoin alts on exchanges dropped down below 95% or even to 99.99% from ATH. How low can we go then. 🤕🤔 to 0? Dogebull coin is down on ftx like 99.9999%. From 250000 to 0.015.
@TheCryptopian@cryptodude999 I think these are liquidation prices for bull's margin (long) positions. So basically those are sell orders (stop losses). if they all could get filled at that specific price (~700$) is another question. Probably a crash (wick) even lower would happen.
Can't help but worry about the direness of the situation millenials are in.
Going through three "once in a lifetime" crises with mounting debt and no investments or savings
Growth slowing, liquidity drying, opportunities to build wealth decreasing. When will they catch a break?
Anything you buy/hold here will double on the #Bitcoin bounce to $30k this summer.
Twitter is playing a game of telephone, regurgitating bearish threads to scare you.
High timeframe candles (Monthly / Weekly) unlikely to close consecutively below $16k.
Bless up.
@cryptocevo You already started by noticing the problem and honestly trying to change. I suggest you continue by trying to understand the underlying emotion of your addiction. Gabor Maté on Youtube explains how addictions are formed very well.
We could be on the brink of artificially inflated markets' collapse.
Parabolic rallies have steep corrections
Rolling eyes at people insisting on catching knives, trying to snipe the bottom and posting "bought the dip" as if it's a merit
Once again advising caution
back in december this post was mostly tongue in cheek but was still always at the back of my mind, now it seems more the realm of possibility.
the point being there is a really large range that btc can still fall and remain macro bullish on a long enough timeline, SURVIVE
Everyone is so insecure about high school they need to virtue signal they're not simps.
I'm playing the hand I'm dealt. $400k for hopefully a 1 minute phone call with @Irenezhao_ would really make my day.
Lord knows I'm already down bad ($2m Fidenza). At least she noticed this.