I don't think the @book_io art team gets enough of a spotlight for the incredible art they have created over the past couple years!
I'm going to start posting a cover a day from my collection for the next year to highlight the amazing collectibles the team has made.
1/365
@PaviahoodPRH@jasonappleton@IOHK_Charles is stalwart in his beliefs and even though I may not agree with everything he has to say, he at least has the balls to stand behind his convictions and then explain why. It's not his fault you aren't intelligent enough to see through an impartial lens.
Cardano, $ADA and other cryptocurrencies is high risk assets. The world is at war. Almost every country in the world is involved in traditional or economic warefare. The world oil reserveres are running dry.
High risk assets recovers when the world do. There is no need to throw blame or accusations at this point. No matter the choices we've made, $ADA like all other cryptocurrencies, would still be low today.
I'm currently more active on the markets then I've been in years. If price continues to drop, June will be my largest accumulation month since the Cardano ICO.
SPACEX COULD BECOME THE BIGGEST EXIT LIQUIDITY EVENT IN MARKET HISTORY.
And the data backs it.
Most of the biggest IPOs of the last 15 years eventually crashed hard after listing.
• Robinhood: -90%
• Rivian: -88%
• Lyft: -79%
• Uber: -68%
• Palantir: -53%
• Coinbase: -57%
• Snap: -56%
• Twitter: -58%
• Facebook: -54%
The median max drawdown across major IPOs was around -54% within 1 year.
And these were not small companies.
Most of them were industry leaders, heavily hyped by media, backed by top institutions, and considered “must own” stocks before listing.
Now look at SpaceX.
The company is reportedly targeting a valuation of around $1.75-$2 TRILLION.
That would instantly make it one of the largest companies in the world.
At the same time:
• Retail demand is extremely high
• The IPO float may stay very small
• And early investors are sitting on massive gains from private rounds.
This is the exact setup where IPO prices can disconnect from fundamentals very quickly.
History shows retail investors usually enter during peak excitement while early investors slowly get liquidity after listing.
Facebook became a great business long term. Still, its stock max drawdown within a year was 54%.
Coinbase became one of the largest crypto companies in the world. Still, its stock max drawdown within a year was 57%.
A successful company does not always mean it'll go up only after IPO.
That is the part retail investors usually ignore during highly hyped listings and become the exit liquidity.
I'm personally tired of the bots and trolls crashing out on Charles. The market has been getting manipulated down for the past year. "They" want a reset before Clarity. It's the banks, institutions and politicians that have been orchestrating all of this. Retail had fun with the gimmicks, scams, imaginative use cases, internal manipulations etc, but that is coming to a close as the big boys come to play with Trillions of $$.
The only reason Charles gets the brunt of the anger, fear and frustrations of the ecosystem is because he opted to put himself out there in a transparent way with every thought, effort, goal and compromise he considers. What other ecosystem has its founder putting themselves out there the way Charles does?
Cardano isn't down because Cardano sucks, has failed, Charles is mean, or any of this nonsense. It's a risk on asset in a sea of assets being shaken out of retail hands before the real strengths of these chains are put to legitimate use by the very institutions funding the markets we trade in. The club has been built, the DJ is unloading his crate, the music is soon to begin and while the guys are suits are being let in through the back door, we aren't invited unless we are smart enough to have the foresight and understanding that to play with the big boys, you have to think like them, understand their plays and stop playing victim to the game.
When Clarity passes as the necessity that it is for the banks to survive the Quantum threat and the chains more advanced in their quantum proofing state take the lead, there is NO OTHER FUCKING CHAIN that has been designed, developed and continues to expand its reach and capabilities than Cardano and thats why IM NOT FUCKING SELLING! I'll work every job I can, take on as many AI clients as possible, grind my daily work, my content, whatever I have to to survive where we are. We've ALL been played. But I'm not a victim, I'm a fucking pioneer. I was of the first, I've been here ever since and I'm not going anywhere. The world HAS to change or everything collapses and it has to change to quantum proof blockchain rails or no bank account is safe. AI with Quantum computing access? HAH!
It really is time for everyone to get a grip. Whats done is done. It doesnt change where we have been, what we have accomplished or where we are going.
Tired of the bots and trolls? Block them all. The power they have is the power we give them through out engagement. Its time to clean house. If you shit on Cardano, Charles are just a senseless toxic shit stirrer, I'm blocking you. Period. I'm done with the drama and the negativity. Now is the time for UNITY under pressure with the focus being how we rise with the coming tide and it is coming, you can take that FROM the bank and put it onto any one of these legit blockchains. Most of these chains in the Top 50 will be used for different things.
When the market turns, its going to be hard and fast and likely at a moment you least expect it because they will wait until everyone last one of us has been shaken out before the flood waves drives uptrends that leave everyone wondering WTF is happening and your exit prices are blown away forcing you to buy back in higher than you sold and your disbelief and confusion keeps you from pushing the buy button. This is all by design and this time, this bear cycle, is very much diffferent...dont get caught off guard because you're too busy bickering about nonsense with others in your community. Its time to focus.
Crow Your Coins
Been in $ADA since 2018. Never sold a single Ada.
Sold everything else. Just staking and holding.
@IOHK_Charles taking a break doesn't scare me. The man built something real and he deserves the space.
The noise on X is loud right now. But I've seen loud before.
See you on the other side. 🤝
#Cardano #ADA
@CashAnvil Charles mentioned there was a coordinated attack on Cardano meant to dislocate him from the chain to the point that he gives up. It's an effort to collapse the chain since nothing else has worked. I think he's onto something.
@Demosthenes555@TheUnpopularEL Thank you sir. I'm sad to see them go and I do feel like we lost a huge part of our ecosystem. I hope they work out something to keep it up and running. From what I've seen I believe there is a huge disconnect between the top and the builders which is causing all these issues.
@JesusMartinez@IOHK_Charles may have been right about this being an organized attack that is meant to cripple the chain further. Who are these people and why does every tweet/video look the same?
@Demosthenes555@TheUnpopularEL "try running something" is a very broad statement. You're correct though, my business model is different. I stand by that if they charged a monthly subscription they would've been better off. I'm not saying they didn't try or I know better. It was an observation of the market.
@Demosthenes555@TheUnpopularEL I own and run a successful electrical company. Their monetization model made absolutely zero sense beyond the NFT boom. Just about every company that went that route went bust. It's a simple observation that we watched fail in real time. I'm not saying it's easy, just a bad call.
Ouch. That’s one way to defrost the freezer! 🧊🔨
🛠️
Step 1: Call an electrician.
Step 2: Tell them where the outlet goes.
Step 3: Watch as they reinvent "ventilated" refrigeration.
Anyone else have a "professional" contractor story that ended in a crime scene? 😅👇
#HomeRenovation #ElectricianFail #DIYDisaster #KitchenNightmare #ConstructionLife #Oops #XBestFails #HomeImprovement
American is furious, she’s yelling at her TV
She spent around $40 to buy the Hunger Games movie collection on Amazon
She wants to watch Hunger Games Catching Fire. The movie says “unavailable” even though she bought it
Many people don’t know this but when you “buy” a movie or bundle on Prime Video, you’re not actually owning the film like a DVD or Bluray. You’re buying a non-transferable license to stream/download it as long as Amazon has the rights from the studio
Licensing deals expire, get renegotiated, or the rights move to another streamer (HBO Max, Netflix, etc.). When that happens, even paid content can vanish from your library or show as “currently unavailable.”
Amazon’s own terms of use state this in the fine print:
“Purchased Digital Content will generally continue to be available… but may become unavailable due to potential content provider licensing restrictions or for other reasons, and Amazon will not be liable to you if Purchased Digital Content becomes unavailable.”
If you’re going to buy a movie, don’t buy it on Amazon. Always buy the physical disk
I just introduced “End the Fed”
Title: Federal Reserve Board Abolition Act, HR 8421
Americans would be better off if the Federal Reserve did not exist. The Fed devalues our currency by monetizing the debt, causing inflation.
https://t.co/JWSaCssAJB
TODAY is the day. The DOJ must charge Fauci for lying under oath or lose the chance forever. This man oversaw gain-of-function research at the Wuhan lab, lied to Congress about it repeatedly, and watched as you were called crazy for asking questions. The statute of limitations expires tomorrow. The American people have waited long enough for accountability.
@AutismCapital This is why @book_io and @stuff_io are so important. They are giving you the rights to own ALL of your digital media. They are completely reinventing the industry as we speak. They already have some huge names onboard and have been grinding for years.
Thank God for them!
Is this a hot take? When building a collection or a library: whenever it be of video games, movies, books, manga, comics, cars, whatever it is, we see people trying to collect AS MUCH AS THEY CAN.
That’s not cool. The purpose of a collection is that each of those items means something to you. It has a story. Meaning someone can come and point at anything on your shelf or in your collection at any time and you have a story to tell about it. You can speak on it. You have a relation to it.
Nothing makes the collection you don’t intimately know about. That what makes collections cool. They’re portals to experiences in your life you can share with those who view it. You acquired that item at a time in your life. It’s a portal to a moment.
Of course if you’re just collecting to hoard all of a thing, that’s different.
But the idea of the personal collection, Aka these are my CDs, these are my records, these are my books, these are my movies, and being able to talk about them…that’s what makes collecting cool. That’s what’s special about building libraries.