@AltcoinOG@JoshMcGruff@FINALLEVEL When fiatshit hits the fan ....
$BTC is the place to be.
Or trust the Federal Reserve knows whats best for you. That will surely end well.
YAM Summary
🍠😭🍠😭
- There was a severe bug in the rebase logic
- Governance CANNOT HAPPEN anymore
- $750,000 in Curve y tokens are locked in the governance
- Staking pools are safe as far as we know
- Every 12 hours more y tokens are locked
- Get out of the YAM uniswap NOW!
@oneAllegro @BitcoinTina@PeterMcCormack Volume isnt support.
If you cant even move a few billion around without making havoc in the markets, what is the point?
@oneAllegro @BitcoinTina@PeterMcCormack Im not really laughing it off. Its my favorite thing... but watching newbies find salvation is kinda sad.
We have long ways to go .. and yes, i believe eventually we will get there.
But lets be real. https://t.co/Z4PwQZQNQx
Bitcoin currently only has $279,179,650 in buy support spread over 66 markets.
Once we see another 3 digits, btc might be usable for the big world.
BTC is my favorite thing, but lets not be delusional, mmkay?
@oneAllegro @BitcoinTina@PeterMcCormack Volume isnt support.
If you cant even move a few billion around without making havoc in the markets, what is the point?
@geenty Ofc.
And theres probably 33% more than that in hidden orders...
And maybe 5-25% more in OTC.
But thats still literary nothing in this scale.
Cant even get a billion dollars out of it.
Bitcoin currently only has $279,179,650 in buy support spread over 66 markets.
Once we see another 3 digits, btc might be usable for the big world.
BTC is my favorite thing, but lets not be delusional, mmkay?
@oneAllegro @BitcoinTina@PeterMcCormack Sure, so a company could easily buy btc for a few billion and not lose billions in slippage?
And they surely could sell it in a sudden if they need liquidity?
ROFL ... BTC cant even take small big players.
@iggiduckets @PeterMcCormack I mean cmon ... right now theres only $293,147,909 in buy support spread over 66 markets.
Thats literary a tiny FART in this world