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
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
💯6
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
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
💯6
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
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
💯6
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
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Swatting is an intentional weapon of the state
Purpose of a system is what it does
POSIWID
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
💯5🔥3
DoomPosting
Dune charges $25 just to download the pre-computed Jupiter user PnL data, smh But looks like I got it 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
The actual PnL charts of all Jupiter & HyperLiquid users tell a very different story, broski
Will wrap up some more of those charts tomorrow
It’s mindblowing
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Will wrap up some more of those charts tomorrow
It’s mindblowing
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
🫡4💯1
DoomPosting
Bitcoin apparent demand 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Apparently “Bitcoin apparent demand” is calculated as “the 30-day sum of daily block mining rewards minus one-year inactive supply changes”
FYI monthly $BTC mining rewards seem to be about $60 million a month
— Idk, this “Bitcoin apparent demand” calculation has 2 magic numbers in it,
and seems all the charts out there on it are suspiciously short-term
Will have to investigate further. hm
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
FYI monthly $BTC mining rewards seem to be about $60 million a month
— Idk, this “Bitcoin apparent demand” calculation has 2 magic numbers in it,
and seems all the charts out there on it are suspiciously short-term
Will have to investigate further. hm
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀3
Prediction markets now showing 100% (!!) odds of quantitative tightening ending before May
Money printers ON
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Money printers ON
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀6💯4🔥3
A bunch of 13 y/o girls in an Illinois middle school complained about having to change in front of a boy, and not only did the teachers send them back in the change room, they escorted them back in and the vice president and superintendent tried to FORCE the girls to change in front of them while they supervised
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
😡10🤬3😨2