Professor Crypto

Dear noobs, Bitcoin is NOT naturally going down. It is being pushed down via whales placing spoofy sell orders on exchanges to make noobs and risk managers sell to "buy back lower". They are stealing your bags and will make you buy back at a higher price. Retweet this.

@4TaxFairness Care to explain where 6.2T of liquidity comes from? Stocks aren’t liquid enough, housing isn’t liquid enough, private investments not liquid enough. This would crash the entire economy, forever.

BREAKING: Elizabeth Warren, with Reps. Jayapal and Boyle, just dropped the ULTRA-MILLIONAIRE TAX ACT. The bill creates a 2% wealth tax on $50 million households, and an additional 1% wealth tax on billionaires. It raises $6.2 TRILLION from just 260,000 households. Obvious W.

@BinsaeedRashid @grok is this accurate?

Similar to farmers and crop pricing, airlines have teams of futures traders who lock in pricing for a large majority of the fuel they know they'll need for many months going forward. If fuel goes up, they're "long" positions profit enough to soften the impact on that pricing change. All to say, fuel doubling does not double their fuel cost. It may have a 10-20% increase (at most), but this is why you're not seeing flight prices increasing much.

Jet fuel prices heading into the weekend are … not good! And there’s no guarantee it stops there, either. Book your flights for this spring & summer ASAP, folks. Airfare is unpredictable but this does not bode well. (Chart via Argus Media)

Except most of those home sellers have very low carrying costs due to low rate mortgages (or no mortgage at all) and are moving due to lifestyle change (bigger home, moving to another state, etc.). They don't need to sell quick, nor lower the price. The market will absorb the inventory in due time.

There goes housing: New Home Sales 587K, Exp. 722K, down 17.6%

Boomers had the easiest wealth trade in history. ~$15k invested in the S&P 500 in 1970 turned into ~$1M today. The index itself went from roughly ~$1T in market cap to ~$45T. Repeat that math again and the S&P would need to reach ~$1.8 quadrillion. Which explains why younger generations are chasing risk. They know the old playbook won’t work the same way. The promised “8% compounded return” simply isn’t mathematically feasible from today’s scale. When does that reality finally surface?

The higher the minimum wage, the higher the California Tax System takes in, via both income taxes on the employee side AND the payroll tax side for business owners. It's in YOUR best interest to mandate higher wages. In reality, whether it's $10, $15, $20, or $25 an hour, nobody working for those wages can afford anything in California. Better yet, those extra taxes you're taking in aren't even being used to benefit those taxpayers.

$25 minimum wage. Universal access to healthcare. A progressive tax system. The top university system in the country. Fox News hates California because of our success.

@j0hnwang Remarkable! Love it!

@ProfesorCrypto every month there is a new season of events this month there is oscars, midterms, and of course our crypto category is reaching record highs

when kalshi raised its last round at $11B, we were doing ~$5.5B in monthly volume (4 months ago) last month we did $10B

@KobeissiLetter Very unlikely to be "selective buyers". Most likely is caused by much tighter borrowing standards due to higher rates (you can see that correlation starting in 2022 and continuing until now) as well as appraisals coming in lower than required for those seeking high LTV purchases.

Homebuyers are canceling deals at a record pace: 16.3% of home purchases were canceled in December, the highest rate for this month on record, dating back to 2017. Over 40,000 pending US home sales fell out of contract last month, according to Redfin. By comparison, 14.9% and 14.7% were canceled in December 2024 and 2023. Atlanta posted the highest cancellation rate, at 22.5%, followed by Jacksonville and San Antonio at 20.6%. Historically elevated housing costs and rising inventory have made buyers more selective, giving them leverage to walk away for better deals. Housing market pressures are mounting.

@Polymarket "up 14%" is quite misleading. The % of foreclosures in the US went from 0.23% of all homes to 0.26%. A non issue for the broader market.

BREAKING: U.S. Foreclosure rates up 14%, Florida topping the nation.

@linear_magazine designed for... loads of mosquito bites.

Designed for balanced living

@k3k3tz @ramit @HiltonHotels A book-selling financial guru made the first opinion 🤷‍♂️

@ProfesorCrypto @ramit @HiltonHotels Of course a crypto bro has to have an opinion... a stupid one, but still an opinion.

Fuck Hilton. Boycott @HiltonHotels One of their independent hotel owners in Minneapolis refused to let ICE stay there, so Hilton corporate dropped them as a hotel Americans hate ICE's illegal gestapo soldiers & we can't wait to see them prosecuted. Kudos to any company who stands up against them... ...NOT Hilton, who we will be boycotting & I encourage you to do the same

@KatyushaRockets @ramit @HiltonHotels So anything done voluntarily warrants discrimination? Odd hill to die on, but whatever makes you feel better I suppose.

@ProfesorCrypto @ramit @HiltonHotels Two things: > ICE is wrong for discriminating Hispanics and anyone not white. > Being an ICE agent is voluntary.

@salthenurse08 @ramit @HiltonHotels All discrimination is wrong, despite it being legal and allowable in many circumstances. So, yes, my point does include gay people.

@ProfesorCrypto @ramit @HiltonHotels Does that include the people using their values to discriminate against gay people, or is that acceptable in your books?

@J4ybo6 @ramit @HiltonHotels Despite being legal, refusing service at your privately owned business IS discrimination when you are singling out any portion of a population. Something can be legal and wrong at the same time. Doesn't make it right.

@ProfesorCrypto @ramit @HiltonHotels Refusing service at your privately owned business is not discrimination. Unless the reason given is ethnicity, age, sex, or disability. When it suits who? Where did I state or imply my stance? Your whole point is incorrect since you dont understand the meaning of the word.

@J4ybo6 @ramit @HiltonHotels Ah yes, discrimination is only okay... when it suits you. Not sure history would agree.

@ProfesorCrypto @ramit @HiltonHotels False equivalent. Dont expect you to understand though

@TiredBambooLaw @ramit @HiltonHotels Ah yes, a lawyer that favors discrimination... but only when it suits your beliefs. Nice.

@ProfesorCrypto @ramit @HiltonHotels My god you really are this dumb aren't you.

@alpacafiber @ramit @HiltonHotels must be

@ProfesorCrypto @ramit @HiltonHotels Why are liberals so fucking retarded ? Is it just the third world mindset?

@salthenurse08 @ramit @HiltonHotels Saying they "felt that that goes against their values" to justify discrimination is probably not something history will look kindly on.

@ProfesorCrypto @ramit @HiltonHotels ICE is wrong for discriminating against anyone who looks Hispanic and handcuffing people before verifying if they're citizens. The hotel owners felt that that goes against their values and beliefs and acted accordingly.

@Olfool2 @ramit @HiltonHotels When the response jumps straight to insults, it kind of proves the point about emotional double standards. This is why your party lost. Take care.

@ProfesorCrypto @ramit @HiltonHotels You are really retarded aren't you? You don't know what retaliation is? Also ICE also attacks legal immigrants and US citizens, so stfu.