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DoomPosting
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Degens Deteriorating
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$PWEASE been gradually ratcheting up

Does it have the staying power to go to the moon?

Or doing the death caterpillar?

Macro will help decide

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DoomPosting
Day trading — So apparently the MOST PROFITABLE TRADER OF ALL TIME OF HYPER LIQUID — Only made $2.15M For reference, Putting $10k in the $BOME presale, or putting $3k in $PNUT when it was being hyped here — would’ve beaten that $2.15M You’d have beaten…
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Guy apparently pulls a The One Ring Magic card worth $2,600,000 and took this video before sending it off to be sold

— In doing so, somehow achieving higher PnL than every single trader on HyperLiquid, and higher than all but one trader on Jupiter perps

With this one card

It’s not just you, perpetuals are shockingly bad, by design, for everyone but the exchanges

The mythical trader who’s great enough to excel at perps, in a way that rivals spot bets, simply does not exist

The blockchain does not lie

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Someone instantly lost $700k because he used a bot to buy whenever Kanye tweets a CA

Why?

Because they were wrong that whatever Kanye tweeted would explode?

No, he was right about that

Why $700k lost then?

Because everyone else was doing the same

Conformity gets you wrecked in markets, even when you’re broadly right

Contrarian is key

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Top countries losing people to emigration

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Tbh not believing the FBI will have any success in curbing swatting at all

It’s an attack carried out purely electronically

Much like crypto draining attacks — ramping up the penalties does next to nothing

Greater penalties ARE very effective usually, in all kinds of areas EXCEPT purely electronic attacks like these

Not enough to threaten bigger penalties here

Something much more fundamental has to change

Threats did not curb viruses — Windows getting off its ass and solving security problems in-house did

Threats did not curb crypto drainers — Everyone leaving Ethereum for ultra-locked down Solana where you just can’t make custom smart contracts did (temporary hack solution, but fundamental change)

Penalty threats don’t solve digital threats

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FBI Director Kash Patel promising to hunt down swatters and hold them accountable

Absolutely should be done, for sure

But IMO swatters will quickly and easily adapt and we’ll be back to square one

Penalty threats aren’t enough to solve attacks that can be performed purely electronically

Serious problem

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Swatting is not a failure of the system

Swatting is an intentional weapon of the state

Purpose of a system is what it does

POSIWID

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Swatting is an intentional weapon of the state

Purpose of a system is what it does

POSIWID

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Starbucks coffee always was too hot

Screw dem commies

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