Ice Capital

[Ice Capital @Ice_Trading]

https://t.co/4T39kra3O1

[Quinn Thompson @qthomp]

It seems like every month there’s a new Bitcoin correlation chart that is always used to try and strike up a new narrative but never holds

[alexei @alexeixbt]

the final act of genius is playing dumb

[Ice Capital @Ice_Trading]

@rushicrypto There will always be poverty because the population will expand to the new equilibrium of marginal subsistence

[Tree News @TreeNewsFeed]

[🌲] SAYLOR: WE WILL PROBABLY SELL SOME BITCOIN TO PAY A DIVIDEND JUST TO INOCULATE THE MARKET JUST TO SEND THE MESSAGE THAT WE DID IT

[Ice Capital @Ice_Trading]

https://t.co/YQlVg8E1Iv

[Citrini @citrini]

Its pretty amazing how quickly crypto twitter went from fartcoin to debating the merits of owning SK square for the holdco discount versus SK Hynix?

[Ice Capital @Ice_Trading]

The Fartcoin account hasn't posted once in last 4 months

[soby @soby0x]

It’s so rare to make money being a bear that when someone did it they made a whole movie about it

[Ice Capital @Ice_Trading]

@the_chart_life Moved recently for this specific reason. 100% recommend.

[kache @yacineMTB]

you can outsource your thinking
but you cannot outsource your understanding

[Ice Capital @Ice_Trading]

Never deleting this app

[Ice Capital @Ice_Trading]

@lBattleRhino @CL207 Nothing some relative outperformance won't fix

[Ren @ren_stocks]

To think people are expecting the bubble to pop like it did in the dot com era

Today’s Mag 4 P/E ratios:

$META – 16x
$GOOGL – 17x
$AMZN – 24x
$MSFT – 25x

Dot-com bubble peak P/E ratios:
Microsoft – 73x. Cisco – 200x+. Yahoo – 800x.

The Nasdaq as a whole traded at a P/E of 200 at the peak of the dot-com bubble.

Today’s “bubble” is trading at 16-25x earnings on companies generating hundreds of billions in real free cash flow.

Today we have the most profitable companies on earth,
$MSFT $GOOGL $META $AMZN reported beats on earnings, and you think we are in a bubble.

[Ice Capital @Ice_Trading]

@bryptokenneth3 @TaikiMaeda2 "Every time I fart I think about Fartcoin. I laugh and it makes me happy"

[Ice Capital @Ice_Trading]

@bryptokenneth3 Same vibe

[Ice Capital @Ice_Trading]

@bryptokenneth3 It just vertically reprices now and then trades like ball torture inbetween those instances. Also the correlation breakdown people are going to be reminded quickly that a few big days can keep the longer term correlation strongly positive

[Ice Capital @Ice_Trading]

Less appreciated reason market PEs are structurally high is because of the US deficit. The supply of treasuries has gone up 50% over the last several years & supply of equities has not. The 60/40 investor is forced to pay up for equities to maintain their allocation target.

[Ice Capital @Ice_Trading]

@0xaporia You have to have some objective exit condition before you enter the trade no serious speculator would disagree with that. Stop losses can serve that purpose. While risk may not be a property of price, price is a property of PnL - the only reason anyone is here in the first place

[Ice Capital @Ice_Trading]

@ieaturfoods Extinction level sentiment

[SB.hl @swansonbenson0]

Making it for me aint no damn numbers on a screen, its when I can buy my wife the poney she always wanted, Sugarplum the sweet steed…

Thats making it, Fucker

[Ice Capital @Ice_Trading]

While the rally out of the bottom was an outlier in strength, the fact that the market bottomed where it did was a base rate expectation
https://t.co/ZjYrWHOhLT

[Ice Capital @Ice_Trading]

@AviFelman It's the only approach to market participation that is long vol with long term positive Carry. Basically Anti-beta. Most trades are a wash/losses but the outliers they do capture (eg. Oil) compensate. They outperform equities in every meaningful drawdown 1970s, 2000s, 2022