Mark Savage

@CrossChainCosi @zhusu 😂😂

@zhusu Risk management advice from the 🐐 himself 🫡

The concept of bullish selling is simple: coins transferring from weaker to stronger hands, and also value shifting to better and better coins. I'll let you know when there's bearish selling but I haven't seen it yet this year.

@etiensyo I didn’t do the research but did you dig up anything interesting? My fear would be unchecked paper shorts akin to the GME, and JPM gold trade. More ETF’s with their own unique bylaws might provide cover for such activities.

When a retailer buys ETF shares doesn't mean that right away the Authorized Participants will create new shares by buying new BTC from Coinbase. They will receive the shares from the Exchanges(Secondary Market) if there are enough to sell from Market Makers or other retailers. If there is not a huge demand the existing shares can be sold and bought without a huge increase in BTC stack. Moreover, there will not be only one ETF, there will be multiple. Every ETF has its own shares and price. There is more to this. x.com/etiensyo/statu…

@blknoiz06 What are drops do you have on your radar now?

@Axel_bitblaze69 Good price for buying for BTC buyers was at 17k for one The next one - tomorrow

@pierre_crypt0 When he was on the street he made an attempt at a small hedge fund. His wife was the risk manager. Seriously.

The guy is a giga clown lmao, what has he ever achieved to be so relevant in tradfi medias ?

Pack it up boyz

@blknoiz06 Even at $10,000/SOL, the transaction fee still comes out to >$0.01 without an L2. The crowd goes wild.

solana price: $10,000 per coin

@GRomePow @g_the0ry @justintcrane @FBI @FHFA @SenateBanking This isn't covered because your source isn't entirely accurate. For most conforming owner occupied loans, the owner has to live there for at least a year and sometimes as little as six months. Once they have done that, the loan is still place and not callable. Nothing fraudulent.

@g_the0ry @justintcrane @FBI @FHFA @SenateBanking I understand which is why I'm trying to force the issue

TRILLIONS of dollars in occupancy mortgage fraud discovered by the Federal Reserve. Accounting for fraud INCREASES the number of investment properties by 50% and those loans default at a 75% HIGHER rate to the cost of taxpayers Nothing from the @FBI @FHFA @SenateBanking @SenSherrodBrown

@wclemente @TXMCtrades @TXMCtrades you're missing it. Don't look any further than Blackrock/Larry Fink. This is the biggest signal from tradfi acceptance we've ever had to date. Maybe only JPM/Jamie Dimon could've been the only other institution that would have been able to send the same message.

@TXMCtrades Larry Fink, Blackrock, and Fidelity endorsing Bitcoin does more for the career risk of promoting/allocating to BTC than Purpose ever could. So yeah, I think distribution trumps all, and blackrock has the biggest of anyone.

Here’s the difference: Purpose has $14 billion aum, Blackrock has $9 trillion Reputation and resources they have to throw at pushing it are infinitely larger

@CoinGurruu @mehtabull284_ Thank you for the info!

@markohya @mehtabull284_ Contrat is renounced It was launched through Metadrop Max tax can only ever be 25% and can only be lowered / once they are 0/0 they can't be raised again Not sure where you're getting this info from

Dev smashed his keyboard and broke the sell button Chart looks like it wants up oiuasiuhuiioafiugiuasf???? gijdgin........ yethuiguyuyugfsiauguifsaiuyuguiyiusafhi! iouiugasfig!!!

@CoinGurruu @mehtabull284_ Contract not renounced and external call risk. It could be possible the dev is playing around with taxes.

@mehtabull284_ There is no tax it should be ez

@MKT__Mavericks @DarioCpx @JKHeyLolLmao I agree, there is no weight behind this trade. It could be a retail trader, a tail risk fund, or a trader looking to leg into spreads, where they actually want to sell top side premium. It could even be a trader paying off a market maker for information.

@DarioCpx @JKHeyLolLmao Yes… the profit would be large. But the dollar volume on the purchase is so small. Point is… it could easily be a retail trader buying lotto tickets. It’s not enough of a footprint to assert a large Whale. Def interesting though!

#JustDarioDaily ⚠️WHILE EVERYONE IS #BULLISH SOMEONE IS HEDGING FOR ARMAGEDDON 😅⚠️ Best today is to begin letting numbers speak: - 18 Oct Expiry: 17,462 OI $VIX C 180 Strike - 15 Nov Expiry: 22,645 OI $VIX C 180 Strike - 20 Dec Expiry: 24,844 OI $VIX C 180 Strike - 17 Jan 24 Expiry: 20,338 OI $VIX C 180 Strike - 18 Feb 24 Expiry: 9,525 OI $VIX C 180 Strike Total: 94,814 Here is the thing, someone out there is hedging for something that LITERALLY never happened. 🫣 The highest close reached by the $VIX that we know today was hit on the 24th of October 2008 at 89.53, while the highest intraday spike was reached a few days earlier on the 10th of October 2008 at 103.41. For reference, the highest intraday $VIX in recent years was hit on the 18th of March 2020 at 101.02. Data for the "old $VIX" aka $VXO were published by the CBOE until September 2021, and surprisingly, the highest intraday volatility wasn't hit during the 1987 Black Monday, but the day after when $VXO reached 172.79. Of course, the highest $VXO close was during Black Monday when the indicator finished the day at 150.19, a record +113.2 spike in one single day. Between the 1st of January 1987 and today, there have been 9,595 weekdays. If we approximately deduct 360 days equivalent to an average of 10 days of exchange holidays per year, we get to 9,235 weekdays. Considering $VIX and $VXO together, we have only seen an intraday reading higher than 100 on 10 occasions, meaning in this historical sample, the event has a ~0.108% chance of happening. Hold on a sec here, what are the chances of hitting the #powerball jackpot? 1 in 292,201,338 or 0.00000034%. Do you see where I am going? There is one phenomenon in Finance that is being periodically overlooked, it is called "fat tails". What's this about? All the risk models in finance use the Gaussian distribution to calculate the probability of an extreme event happening, but here's the problem: the "tails" in reality aren't as skinny as assumed using the Gaussian curve. Furthermore, as a regulatory feature 😉, every bank risk model considers "impossible" any event beyond 99% VaR, which is "only" 3 standard deviations in the Normal distribution. This means that beyond that, literally no one cares.😅 The $VIX long-term average is 18.47 with 1 Standard Deviation equivalent to 7.7 points. This means that a $VIX above 100 is more than a 10 Standard Deviation event. Hold on a sec, in the Gaussian distribution, we know that 4 standard deviations have a 0.1% chance of happening, but in the $VIX $VXO historical sample, we saw that in reality, the level broke 100 with a 0.1% historical probability. DO YOU SEE THE FAT TAIL NOW? Extreme events are more likely to happen than what risk models predict! 😬 There are rumors about a bank, and not a gambler, being behind those 94,814 180 Strike $VIX Calls. Personally, I don't think anyone in a bank will bother to pay $30,000 USD to buy such a protection that the regulator will laugh at you for if you try to get some capital benefits out of it. Nevertheless, whoever bought these options likely has a very strong mathematical reason to do so, for sure stronger than the simple calculations I used today. Furthermore, they are taking advantage of the typical mistake the human brain does when it makes confusion between something "impossible" to happen and something "improbable". And remember, in the words of Warren Buffet: "Be fearful when others are greedy and greedy when others are fearful." 🤓

@trader1sz @elonmusk Back in the day I would proudly wear that walking into Fally for the first time when that was the GE. Today I bet you could complete Dragon Slayer I, with only an iron dagger(p) and 4 mackerel in your first week.

@elonmusk Reminds me of Lumbridge days.

Your armor is a loincloth and a bucket

@etiensyo Ahhhh I see what you’re saying now. I haven’t come across this before. Thank you for the explanation, much appreciated.

No. These are the amount of USDT transacted between Bitfinex and Tether, probably from the inception of Bitfinex and Tether. This is not how much USDT exist in circulation. I don't know exactly how the platform calculates thos. What i am saying is that Bitfinex and Tether are the same. Tether could provide new USDT created from nothing to Bitfinex, buy BTC and sell them to ETFs for FIAT. They control the price. x.com/etiensyo/statu…

The BTC ETF investors, if approved, will be eaten alive. On all chains, the transactions between Bitfinex(CEX) and Tether(Stablecoin Maker) sum up to ~150B. I am pretty sure that all these transactions involved FIAT<->USDT 😉 $BTC #BTC $USDT

@i3_invest Hey I like really some of your takes, above that I feel like they are original. I tried to DM but wasn't able to. Please hit me up, or keep pumping out your content 🙏🏻🤙🏻

$LULU price to earnings growth looks interesting, well below historical average.

@Bonecondor @wagieeacc I second this. Is there enough potential upside where you could over to relocate the whole family?

@wagieeacc Have you asked the parents what their reservations are? is it just... you? lol

I was in negotiations to buy out this kid's (17 about to be 18) app. Would be moving him here and accelerating his development. Kid's parents said no. Foiled again!

@UltraRunner26 @jaredstenquist @KobeissiLetter Food based futures don’t hit consumer prices right away. It takes about a year before prices starts changing and it will be gradual, not like the chart is reflecting.

@jaredstenquist @KobeissiLetter Used to be 64 oz so it took a 10% reduction in volume. If I add 10% more price it's still not that bad.

This is incredible: Orange Juice prices are rising so fast they just hit their limit-up threshold and were halted. Since the 2020 low, the price of orange juice is up a massive 315%. This year alone, orange juice prices have jumped by 105%. Meanwhile, Live Cattle prices are up 125% since 2020 and Olive Oil prices are up 130% since last year. What does it mean when food prices outperform hedge funds?

@thinkingvols @awawat If you're in the US, where can you trade this? CME futures options?

Most of the options fun is 2-6 months out between 30-40k

@gainzy222 Being able to go into the office with my father to play games on his work computer in ‘95. Ahhhhh the good ‘ole days.

When I was a kid, we had really primitive computers running windows 95 and 16-bit video games like sega genesis and 4 kilobyte/sec dial up internet Parents were like “ur so lucky, we didn’t have this growing up” Technology is 100x better today No parent says “you’re so lucky”.