itsaboutye

@NoLimitGains its just the cascading liquidation of the retail leverages

🚨 THIS IS ABSOLUTELY INSANE Gold and silver wiped out $5.9 TRILLION worth of market cap within 30 MINUTES. Do you understand how crazy that is? To put that in perspective, we just saw wealth equivalent to the combined GDP of the UK and France evaporate in less time than it takes to order pizza. This doesn’t even feel real. A move of this magnitude, in such a compressed timeframe, is far beyond a standard "6-sigma" event. It’s off the charts historically… Why are we seeing this? Extreme events like this almost always come from the market’s structure: instantaneous de-leveraging, cascading margin calls, collateral evaporation, and forced selling. We’re talking about massive internal strains in the system’s mechanics. Translation: THE SYSTEM JUST BROKE When precious metals, "safe haven" assets, vaporize trillions in minutes, they’re telling you, explicitly, that we are living through a real paradigm shift. The next few days will be INSANE, but don’t worry I’ll keep you updated like I always do. Btw, i called every market top and bottom of the last decade, and i’ll call my next move publicly as always. Many people will wish they followed me sooner.

@cryptocougar888 @martypartymusic it did from 10k to 100k

@martypartymusic If this is true why isnt bitcoin skyrocketing like gold…

MUST WATCH How the US is quietly erasing the $37 trillion debt using Gold and Bitcoin. youtube.com/watch?v=y98dQy…

@midnightfdn @MidnightNtwrk ATM I was successful using Ledger and Yoroi

An early update on GD. We’ve seen a phenomenal response in the first few hours since launching Glacier Drop – with close to 5000 ecosystem members who have successfully claimed over 80M NIGHT tokens. We couldn’t be more thrilled to see the level of community participation and support so early into the claim phase – this is just the beginning. As with all new product launches, there are some challenges. We have noted feedback on the inability to use Ledger for ADA claims and some discussion around ways in which you can "hack" a signature from a hardware wallet to claim NIGHT, by signing a hashed message. This method of claiming introduces a potential and significant security risk to the wallet owner. Below are some details of the potential attack that can be launched if you do not follow a transparent signing process. Please read the two articles below to understand the risks. 🔗 onekey.so/blog/ecosystem… 🔗 blog.hashex.org/hashex-securit… For further information please refer to the Glacier Drop FAQ and Website (midnight.gd) for updates on how and when you can securely claim your NIGHT allocation. To those using hardware wallets, we understand your concerns and are actively working to deliver support, including for Ledger, in sufficient time for eligible participants to claim. We will keep you informed of progress through our official channels. Stay tuned, and follow us, for more information.

@BrockCruess I guess connecting a Ledger to Eternl makes it safe!?

🚨 PSA TO CARDANO USERS: 🚨 if you use Nami wallet, please pay attention: i've been notified of a string of wallet hacks. in every reported instance, the victim used Nami wallet, and a transaction was submitted from their wallet without them knowing, sending all of their $ADA to a (most likely) Binance deposit address, but sometimes to a burner wallet in between. in all cases, a spending password was set. i don't mean to fud Nami, but for the time being i recommend removing your wallet from Nami, disabling/uninstalling the Nami extension, and importing your seed phrase to another Cardano browser wallet.

@VEGAS_ADA_Pool …sooo @hoskytoken definetely not one of them right? Right? 😅🤷🏻‍♂️

People keep asking me what projects in #Cardano? Quite simply, I can't give you financial advice, but I can state that you have to follow the REAL LIFE projects. Those that build and deliver real-life changing systems, will gain value. It's cheap until its not.

@VEGAS_ADA_Pool …for me whats interesting is that the numbers of holders were not so different when the price was much lower (Taptools. This begs tha question that is the recent price movement just a setup for a rugpull?

$IAG is going to lead to me blowing a head gasket if it does what it seems to be lining up for. No idea if this is someone trying to pump it or not, but if they are, I'm loving the benefit.

@VEGAS_ADA_Pool I wonder what happens to pool operators when the cost of running them becomes way too unprofitable because of ADAUSD price....

#Cardano for me is now cheap. Fear is driving more sells and the price is going down further by the looks of it. The sellers are determining price.

@bigezdaddy2017 I am in! Have been looking for directions. I am located in Hungary, Budapest! I have a place at a central location. DM me if interested.

What if we were to create #Cardano co-working spaces around the world?

@VEGAS_ADA_Pool @IOHK_Charles …those who are against it should not be in crypto at all, because they do not understand how it should/could go forward on its path to mass adoption.

Nailed it again for me @IOHK_Charles youtube.com/watch?v=GNS0uw… I still feel there's a need to reassure people that permissionless block production is not being proposed here; i.e. this isn't sensorship of transactions. Delegation is a different feature of the chain.

@shivam140307 @blocksplained ..but I guess without the risk of liquidation, since no matter how low it gets I still hold it in a cold storage

@blocksplained Basically Djed works like equity and debt. For the protocol Djed is a debt instrument and Shen is an equity instrument. Buying Shen means you are 1.125-1.25x long ada When you buy Djed,you are promised 1 dollar worth of stability at the expense of shen holders collateral capital.

maybe I don't understand $DJED correctly, what happens when the reserve gets to 400% and you cant burn shen, won't people just start dumping Shen on Dexes?

@IOHK_Charles wainting for the new Dodocoin

Perhaps the most bizarre and awesome headline of my career

@ADAjosephineADA @IOHK_Charles …ar this point it all really feels like a personal vendetta. Show proofs please.

If you want a more honest understanding of #Cardano STOP watching @IOHK_Charles videos.

@cardano_whale …the VC powers may only be good for a while. The real value must come from utility. What Cardano blockchain needs is a solution to an everyday problem. A solution millions of people have right now, and defi is not one of them atm I think.

@Padierfind books, music, game in app purchase,

What NFT use-cases can scale up to millions of NFTs with a single application?

@MELD_Defi @Palmer_Maddock @TapTools …a legit project should learn how to communicate. This is not the way.

@CGazers @ADAjosephineADA Not gonna happen ever. gov/megacorps/centralbanks are much against dzecentralization.

This one is to all the early #Cardano YouTube starz. You recognized the network’s incentive model wasn’t working as expected. Instead of using your power to petition a fix, you used your power to exploit it. The damage you caused to $ADA can never be fully cured. But wait 👇

@DanielShutt9 @AltcoinDailyio Not moving. Expanding. Learn the difference.

@AltcoinDailyio Thoughts on $MELD moving to avalanche?

will cardano recover?

@benjamincowen up but will be taxed heavily.

Where do you think crypto is going in 2023?

@InputOutputHK …damn @InputOutputHK leavin out @hoskytoken is like @McDonalds not selling chicken nuggets..

📖 The #EssentialCardano Guide to the Ecosystem is here! Learn about the people & projects #BuildingOnCardano, 2022's achievements, Cardano’s core research, advances in interoperability, community-built resources & tools, and much more. Get it now: services.iohk.io/guide-to-the-e…