🎉BTC Markets is celebrating 11 years in crypto!
💰To celebrate, we're giving away AU$5,000 worth of #Bitcoin to 10 lucky winners! #giveaway
📅June 6-30th 2024
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✅Comment ‘#BTCMarkets is celebrating 11 years in #crypto’
T&C's: https://t.co/FDVWLIgtSh
i know people irl who are not on this site with 6-to-7 fig crypto portfolios
they have no idea what the narrative of the week is. they don't know what monolithic or modular mean. some own some NFTs, but most don't. the only memecoin they've ever heard of is DOGE
all they've been doing is stealth accumulating ETH and BTC for 5-7 years
some even have ETH basis in the low 100s as the "bought the dip" in 2020
almost none of them have sold any. this was money they could afford to lose. they weren't trying to get rich overnight, they wanted to accumulate the world's new generational assets. they just quietly stack with every paycheck. they rarely tell anyone they own any
and now some of them are buying the BTC ETF in their IRAs, and they will soon buy the ETH ETF when it's available
and the cold hard truth which you don't want to hear is that they're going to dramatically outperform most of of the people on this site over a 10-15 year timeframe, and they already have over those 5-7 years they've been buying
then retire early as crypto-millionaires while you are still chasing the pump of the week on leverage
lessons there
So if you can’t figure out the tech, or get distracted too easily, or are addicted to being in the office so you can fake busy work rather than output, that’s fine - but just say that.
Don’t say remote work doesn’t work just because you can’t figure it out.
1/19
US banks are more fucked than I thought.
Cato institute estimates: "$1T-$2T of withdraws from US Banking in the next 12 months"
To contextualize, US commercial assets according to Fed is only $24T.
So that'd be an 8% of all assets, or 12% of deposits
1/ Why GTX could lead to another disaster.
I previously argued that GTX has some interesting ideas which could be taken into account in a potential restart or restructuring of FTX.
Now on the news that GTX has completed their raise, I'm here to drop some FUD.
0/15 $CANTO has received a lot of attention recently but I haven't seen an all-in-one thread.
So I decided to explore their ecosystem to help you understand what @CantoPublic is, how it works, and is it a ponzi?
🧵 on everything you need to know about $CANTO.
LFG! 🚀
1/ Earn Update: This evening, Genesis Global Capital, LLC (Genesis) filed for bankruptcy under Chapter 11. This is a crucial step towards us being able to recover your assets.
I watched Succession. I went to see The Menu. I watched The White Lotus. I listened to the All-In podcast for many weeks.
Then I cracked.
I'm leaving society.
Goodbye.
And in case you needed further proof they are connected, here is the wallet holding both 0x63616 and pulsechaincom.eth Link and photo provided. Do you want to know what they have been up to? Its not good. I'll be sharing more over the weekend. 6/6 https://t.co/wQslditSKw
A comforting reminder to our clients:
We do not lend out your coins
We do not hold debt in our business
We do not have a prop trading desk
We do not trade against you
We do not have an exchange token
We segregate your coins – no comingling of assets
We are here to help.
#crypto