Crypto Mumbles
defi is also rate dependent imo and will require further cuts in before defi specific capital comes in
discussed this late last year, cuts are good for defi basket
it’s time
it’s time
🔥3
Crypto Mumbles
1 threadguy viewer's networth = 100 kai cenat viewers
one threadguy viewer = 100 kai cenat viewers
because crypto natives are more willing to spend and slap huge premiums on things that are onchain
nothing new here because its the froth that we've always been playing, which is why a lot of things trade at inflated valuations
https://fxtwitter.com/0xanteater/status/1964236887360754140
because crypto natives are more willing to spend and slap huge premiums on things that are onchain
nothing new here because its the froth that we've always been playing, which is why a lot of things trade at inflated valuations
https://fxtwitter.com/0xanteater/status/1964236887360754140
🧵 Thread • FxTwitter
Anteater (@0xAnteater)
to put into perspective how frothy crypto is now
crypto bros spend, on average, $18,346 per wallet at @Collector_Crypt
the same metric at @Courtyard_io is $908
crypto bros literally have 20X as much speculative capital to light on fire than normies
crypto bros spend, on average, $18,346 per wallet at @Collector_Crypt
the same metric at @Courtyard_io is $908
crypto bros literally have 20X as much speculative capital to light on fire than normies
Forwarded from not @miyahedge
for speculation to continue to exist there has to be a lot of real value beneath it, this is why bonkfun died out quickly, this is why launchcoin retraced hard
if you invest in launchpads/infra projects always keep in mind that if there's no value underlying it, it's probably worthless and will go to 0 pretty quickly
speculation isn’t a sin, it’s the metabolic noise of discovery. bubbles recur not because humans are irrational, but because bubbles are the fastest attention-allocation protocol we’ve ever stumbled on. they’re lindy for a reason: manias drag capital to the frontier faster than any five-year plan ever could.
the problem is the paper-castle phase. when speculation wraps nothing, it just speedruns entropy. bonkfun collapsed because it was pure velocity with no mass. launchcoin retraced because it initially was a pure wrapper-theater with no anchor. untethered speculation doesn’t die out, it cannibalizes itself.
if you invest in launchpads/infra projects always keep in mind that if there's no value underlying it, it's probably worthless and will go to 0 pretty quickly
speculation isn’t a sin, it’s the metabolic noise of discovery. bubbles recur not because humans are irrational, but because bubbles are the fastest attention-allocation protocol we’ve ever stumbled on. they’re lindy for a reason: manias drag capital to the frontier faster than any five-year plan ever could.
the problem is the paper-castle phase. when speculation wraps nothing, it just speedruns entropy. bonkfun collapsed because it was pure velocity with no mass. launchcoin retraced because it initially was a pure wrapper-theater with no anchor. untethered speculation doesn’t die out, it cannibalizes itself.
Crypto Mumbles
Dollar Wrecking Ball https://x.com/hash_cough/status/1964173768731086990
🧵 Thread • FxTwitter
Hash_ (@hash_cough)
TL;DR
COVID marked the U.S.’s most effective export of inflation via dollar liquidity and financial plumbing.
The debt ceiling bluff and bond market reaction exposed the impossibility of fiscal restraint in the U.S.
The BRICS de-dollarization push remains…
COVID marked the U.S.’s most effective export of inflation via dollar liquidity and financial plumbing.
The debt ceiling bluff and bond market reaction exposed the impossibility of fiscal restraint in the U.S.
The BRICS de-dollarization push remains…
Forwarded from The Kobeissi Letter
An economic data confidence crisis:
A new poll found that 89% of economists are "concerned about the quality of official US economic data."
With over -1.1 MILLION in negative net revisions out of US jobs data since 2022, something is wrong.
US economic data is losing credibility.
(@TheKobeissiLetter)
A new poll found that 89% of economists are "concerned about the quality of official US economic data."
With over -1.1 MILLION in negative net revisions out of US jobs data since 2022, something is wrong.
US economic data is losing credibility.
(@TheKobeissiLetter)
Forwarded from Frens Market Feeds
Fundstrat co-founder Tom Lee’s SPAC, FutureCrest Acquisition, has filed for a $250 million IPO with the U.S. SEC on September 5. The blank-check company targets investments in AI, fintech, and digital assets, and plans to list on Nasdaq under the ticker FCRSU. 一 link