The First Ah

2.6K posts

The First Ah

The First Ah

@thefirstah

Katılım Eylül 2023
134 Takip Edilen99 Takipçiler
Micro2Macr0
Micro2Macr0@Micro2Macr0·
I've been a customer of @WellsFargo for OVER 30 years!!! After ALL THAT TIME, 4 active car loans, a 6 figure investment account, 1 million + in deposits last year, and never missing a payment on any of these accounts, and they just told me I have to wait for a letter to find out why they dropped my card limit to almost 0 on one account and will NOT activate another. This is after talking to 7 people to try and activate one account. Everyone should leave legacy Banks like Wells Fargo. They're absolute trash. I'm going to move everything I can over to @SoFi and just be done with this SHITTY customer service. Have you all had this problem with your banks? I've never heard of this before. And I used to work for a bank in the credit card division. 😆
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The First Ah
The First Ah@thefirstah·
@PeterSchiff Gold is so fundamental that everyone is selling it for dollars leading to a bear market.
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Peter Schiff
Peter Schiff@PeterSchiff·
The fundamentals for gold and silver were great before the war and they are even better now. Take advantage of the liquidity-driven, short-term sell-off to establish a new position or add to your existing positions. schiffgold.com
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The First Ah
The First Ah@thefirstah·
@PeterSchiff Same guy who told everyone to buy #gold at $5500 cause it only goes up acting like a crypto bro. All I see is big FU candles that would make people who are color blind panic.
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Peter Schiff
Peter Schiff@PeterSchiff·
Rising oil prices won't cause higher inflation. More expensive oil means Americans will have less money to spend on other things. Reduced spending will cause a recession, which will result in larger budget deficits, rate cuts, and QE. That's what will cause higher inflation.
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The First Ah
The First Ah@thefirstah·
@SchiffGold @PeterSchiff Higher yields increases the opportunity cost of metals while the dollar strengthens on hawkish Fed and geopolitical risk. Even with war & oil inflation fears which has been usually positive for metals, rates won out.
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SchiffGold
SchiffGold@SchiffGold·
The Fed held rates - and may have let inflation live. Rising producer prices and weak growth point to negative real rates, bullish for gold and bearish for the dollar. schiffgold.com/peters-podcast…
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The First Ah
The First Ah@thefirstah·
@elonmusk There is nothing artificially intelligent about AI. It’s just an algorithm on probability.
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The First Ah
The First Ah@thefirstah·
@alvinsng Why would you ban useEffect but allow useMountEffect? If using useEffect is a code smell for doing something wrong then using useMountEffect is a code smell as well.
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The First Ah
The First Ah@thefirstah·
@PeterSchiff He didn’t mention gold or silver once during his nearly two-hour-long SOTU speech.
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Peter Schiff
Peter Schiff@PeterSchiff·
Trump didn't mention Bitcoin once during his nearly two-hour-long SOTU speech. That wasn't an oversight. Either Trump is trying to distance himself from the coming crypto train wreck, or he wants more “donations” from Bitcoin whales before pumping what they want to dump.
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The First Ah
The First Ah@thefirstah·
@PeterSchiff Get out and sell now before it’s too late! I know a lot of people who bought gold and silver at lower prices and now have made a lot of money and are selling.
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naiive
naiive@naiivememe·
money doesn't buy happiness but it can make a normal Tuesday look like this
naiive tweet media
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The First Ah
The First Ah@thefirstah·
@elonmusk Since money doesn’t buy happiness I’ll take that trillion $ package
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SchiffGold
SchiffGold@SchiffGold·
Peter Schiff says gold is headed far above $5,000 as the US faces a dollar and sovereign debt crisis driven by credit expansion and fading trust. schiffgold.com/interviews/sch…
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Legion Hoops
Legion Hoops@LegionHoops·
BREAKING: Anthony Davis to miss entire season for the Wizards, per @ChrisBHaynes
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The First Ah
The First Ah@thefirstah·
@cryptorover I see that copy & paste works for you
Bob Kendall (The Kendall Report)@PortfolioXpert

So here’s the issue you get influencers like this guy have a quarter million followers and they claim they don’t know why it is declining… it’s because they don’t understand basic mechanics of price discovery. They don’t understand that the marginal buyers or the float determines price they think the onchain bitcoin is that is the price discovery Well, it was once upon a time but now.. Once you can synthetically manufacture the supply, the asset is no longer scarce and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market. This is exactly what has happened to Bitcoin. This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated. The original premise that no longer exists Bitcoin’s entire valuation logic was built on finite supply (21M) and inability to be rehypothecated. That died the moment: •Cash-settled futures •Perpetual swaps •Options •ETFs •Prime broker lending •Wrapped BTC •Total return swaps were layered on top of the chain. From that moment forward: Bitcoin supply became theoretically infinite. Not on-chain in price discovery. The metric that explains the collapse Synthetic Float Ratio (SFR) Once you can synthetically manufacture the supply, the asset is no longer scarce — and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market. That is exactly what has happened to Bitcoin. This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated. Why Wall Street can now “trade against” Bitcoin They do exactly what they’ve done in every commodity market: 1.Create unlimited paper BTC 2.Short into rallies 3.Force liquidations 4.Cover lower 5.Repeat They are not “betting” — they are manufacturing inventory. The same 1 BTC can now support: •An ETF unit •A futures contract •A perpetual swap •An options delta •A broker loan •A structured note All at once. That is six claims on one coin. That is not a market. That is a fractional reserve price system.

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Crypto Rover
Crypto Rover@cryptorover·
🚨 BITCOIN MAX SUPPLY IS NO LONGER 21 MILLION NOW. And this is what causing market's crash. If you still think Bitcoin price is moving only because of spot buying and selling, you are missing the bigger picture. Bitcoin no longer trades purely as a supply demand asset. That structure changed the moment large derivatives markets took control of price discovery. And that shift is a big reason why price behavior feels disconnected from on chain fundamentals today. Originally, Bitcoin’s valuation was built on two core ideas: • Fixed supply of 21 million coins • No ability to duplicate that supply This made Bitcoin structurally scarce. Price discovery was driven mostly by real buyers and sellers in the spot market. But over time, a second layer formed on top of Bitcoin, a financial layer. This layer includes: • Cash settled futures • Perp swaps and options • Prime broker lending • WBTC products • Total return swaps None of these create new BTC on chain. But they do create synthetic exposure to BTC price. And that synthetic exposure plays a major role in how price is set. This is where the structure changes. Once derivatives volume becomes larger than spot volume, price stops reacting mainly to real coin movement. It starts reacting to positioning, leverage, and liquidation flows. In simple terms: Price moves based on how traders are positioned, not just on how many coins are being bought or sold physically. There is also another layer to this, synthetic supply. One real BTC can now be referenced or used across multiple financial products at the same time. For example, the same coin can simultaneously support: • An ETF share • A futures position • A perpetual swap hedge • Options exposure • A broker loan structure • A structured product This does not increase on chain supply. But it increases tradable exposure linked to that coin. And that affects price discovery. When synthetic exposure becomes large relative to real supply, scarcity weakens in market pricing terms. This is often referred to as synthetic float expansion. At that stage: • Rallies get shorted through derivatives • Leverage builds quickly • Liquidations drive sharp moves • Price becomes more volatile This is not unique to Bitcoin. The same structural shift happened in: Gold, Silver, Oil, Equity indices. Once derivatives markets became dominant, price discovery shifted away from physical supply alone. This also explains why Bitcoin sometimes falls even when there's not much spot selling. Because price pressure can come from: • Leveraged long liquidations • Futures short positioning • Options hedging flows • ETF arbitrage trades Not just spot selling. So the current Bitcoin decline cannot be understood only through retail sentiment or spot flows. A large part of the move is happening in the derivatives layer, where leverage and positioning drive short term price action. This does not mean Bitcoin’s supply cap changed on chain. The 21 million limit still exists. But in financial markets, paper Bitcoin is now dominating and this is what's causing the crash.
Crypto Rover tweet mediaCrypto Rover tweet media
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BrickCenter
BrickCenter@BrickCenter_·
Podz got benched and the Warriors went on a 25-7 run to win the game 😭😭😭
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Heat Central
Heat Central@HeatCulture13·
Giannis Antetokounmpo will not be traded to the Miami Heat by the deadline I really am speechless right now.
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Prime Tate
Prime Tate@primetateHQ·
Andrew Tate predicts that Bitcoin is going to $26,000. 😳
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greg
greg@greg16676935420·
If people keep selling Bitcoin the price will continue to drop
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Investing Addict
Investing Addict@InvestingAddict·
DO NOT BUY THE DIP WITH YOUR EMERGENCY FUND
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