byte art @byte_art_

memecoins thoughts: - there will only be so many lasting memes CT embraces - <100m mc coins are much riskier than >100 mc. the risk is gapping to zero. - age matters. if it still has value, it will likely to continue to have value going forward. look at doge and even shiba inu

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byte art @byte_art_

a year ago

@piovincenzo_ the narrative that tradfi does not understand crypto is fading by the day. it is a 2Tn dollar asset. CT needs to stop convincing themselves that they know more than tradfi. if there is money to be made, they will be all over it. bitcoin sure. MSTR, roll the dice on Saylor

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byte art @byte_art_

a year ago

@punk9059 ofc not. the premium existed because of market segmentation that is likely to go away with the new administration. it is likely more investment vehicles will be permitted to hold bitcoin directly going forward. that premium will collapse over time.

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byte art @byte_art_

a year ago

@RodGordilloP It’s a career hedge

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byte art @byte_art_

a year ago

@Evan_ss6 a MM, wintermule is trying to slam the price of $fart block they got from OTC? working that block into the market to minimize price impact is their primary economic objective... if price goes up meanwhile, its better for them... not the other way around

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byte art @byte_art_

a year ago

@NoahLampert what am i missing? wintermule is a MM. without them, the seller would have sold $fart into the open market with perhaps larger price impact. wintermule took the otc block trade, it is in their best interest for $fart to go up as now they warehouse the market risk.

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byte art @byte_art_

a year ago

it looks like wintermule is working that otc block into the market based the slow and steady grind down in $fart price action.

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byte art @byte_art_

a year ago

@FartStrategy fartoshi ripitmoto approves!

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Bloomberg Opinion @opinion

a year ago

FartStrategy will accelerate the Fartcoin Flywheel. trib.al/OlZKnIj

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byte art @byte_art_

a year ago

@punk9059 might just hold off on selling the govt btc stash and leave it as an unofficial/ambiguous "reserve" for now

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byte art @byte_art_

a year ago

weird, since when did the crypto natives care about where the tokens were "founded"? bitcoin was founded in US? that's news it feels like a step backwards on decentralization that crypto is stateless i suppose whatever pumps your bag is the new narrative being embraced

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byte art @byte_art_

2 years ago

@0n1Force got one! i have been waiting for this for years.

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byte art @byte_art_

2 years ago

@RodGordilloP Interesting convo. I think there is risk with an alpha process of commodities trend that could be short when the inflation happen despite historical episodes suggest it wasn’t an issue. This is the risk underwritten by not having commodity as a beta allocation against inflation.

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byte art @byte_art_

2 years ago

@RodGordilloP Perhaps it’s a question of how much confidence one has on a commodity timed process can give you the inflation protection that you need when it happens unexpectedly. It is more pressure on an alpha process than a beta one.

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byte art @byte_art_

2 years ago

@punksOTC When premium traits start to list at discounts and ofc you will be there for it. NFT collections are separated into two buckets… floors or near floors are commoditized to be “fungible” somewhat. Premium ones are like almost disconnected from the floor action.