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FTX Creditors with >$50k Claims
Recovery still projected at 171% after receiving 96.6% so far
Details below 👇
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A$APE
1.7K posts
A$APE
@ThreeXplus1
FULL TIME APE | 金箍棒 | DYOR | my tweets are my thoughts NFA |
猿人星球 Tham gia Mart 2019
2.2K Đang theo dõi312 Người theo dõi
@Axel_bitblaze69 Guess what? Even if you make +1% 100 win and -1% 100 lose after you’re still at breakeven before fees. LOL might as well stake for 200 days to make a confirm gain of 1 to 3% apy after fees
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@Axel_bitblaze69 This is based on same starting point but when there’s a drawdown of -63% your way to recovery is +170.27%. if I lose 1% a day for 100 days then suddenly I can make +1% for the next 100 day I’ll still be in the red🥸
100 days -1% win
+
100 days +1% lose
=
Breakeven before fees
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interesting, how much maths protects you on the way down, and how much it pushes you on the way up.
you lose 1% every day for 100 days straight.
you'd expect to be down 100%, right?
you're actually only down 63%.
because each loss gets calculated on a smaller number than the last so the base keeps shrinking
now flip it.
make 1% every day for 100 days straight.
you'd expect to be up 100%.
you're actually up 170%. 2.7x your money.
why? same reason, reversed. each gain builds on a bigger number than before. compounding stacks.
a part most traders miss. gains and losses aren't symmetric
🐧@Pentosh1
If you lose 1% every day, for 100 days. You will only be down 63% It you make 1% every day for 100 days. You will be up 170% or 2.7x
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Yes I agree, who the fuck in crypto did what SBF did. Tbh till even today I still think FTX was one of the best exchange in the world for its offering, the UI/UX, for what SBF did and said. Still rem during covid while everything was crashing $FTT never went below $2. #ftx $ftt
大宇@BTCdayu
save crypto @EricTrump @SBF_FTX
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So where does the data come from? If it’s assumed target price of btc while all these years is always in a “buy” zone then why did all the big players dump while we are in buy zone? Create panic to make retail dump then they can get lower or getting ready to front run the world?
Cointelegraph@Cointelegraph
🔥 NOW: Bitcoin may be nearing a historic bear market bottom as key indicators flash undervaluation, per Bloomberg.
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So fucking sick. What a dirty play #luna
zerohedge@zerohedge
And there it is: Jane Street was behind the 2022 crypto winter, destroying Terraform by first depegging the token and destroying the ecosystem, then pretending it would rescue Terra, while effectively it was soaking up what little value remained.
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Fucking good job bro! Fuck the scammers Cb dog
ZachXBT@zachxbt
1/ An investigation into how Greavys (Malone Iam), Wiz (Veer Chetal), and Box (Jeandiel Serrano) stole $243M from a single person last month in a highly sophisticated social engineering attack and my efforts which have helped lead to multiple arrests and millions frozen.
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⚡ Key Economic Events This Week:
Tuesday - September JOLTS Job Openings data
Wednesday - December Fed Interest Rate Decision, Fed Chair Powell Press Conference
Thursday - OPEC Monthly Report, Initial Jobless Claims data, US 30Y Bond Auction
With the Fed decision and Powell presser on deck, will markets pump or dump? 👇
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