TCY is gonna launch at 0.1$, is that been confirmed?
Do you know when they are going to take the snapshot? So at the moment if I have a collateral of 1 BTC and a depth of 35k dollars. I could redeem 83k-35k=48k of value in $TCY or 480k TCY
Do you think is realistic of TCY to reach 1$ in this bull run?
Quick question regarding 2)
Lets say a btc loan was taken
Collateral: 1 btc
Debt: 30k dollars (loan was taken when 1btc = 60k dollars)
We take snapshot now let's say 1 btc = 100k dollars
So eventually if he decides to wait and let's say in 2 years the borrower will get paid 100k - 30k= 70k dollars
Is this correct?
I read your proposal, thank you
Quick question to clarify: When you say borrowers will be paid in full eventually, does that mean they’ll receive the value of the collateral at repayment (eg btc collateral) minus the debt value (in dollars terms) at the time the loan was taken. And will they be paid in RUNE or on the asset the loan was taken (eg Btc) ?"
This is just for me to understand thank you, much appreciated
Don't fret, brother.
Crypto is, and has always been, 99% nonsense grifty garbage/scams/jokes, and 1% fundamental global financial system revolution.
But this 99/1 is based just on quantity of projects.
Considered by market cap, it's more like 75% quality, 25% nonsense. Bitcoin is good. Ethereum is good. Stablecoins are good. Several dozen defi projects are good. Wildly cool technology permeates through all of it, and sound economics underpins its long term growth, though the short term feels often like an appallingly irrational market.
How to cope with this dichotomy?
Embrace the degen frontier and have fun, and recognize that amidst it all, a decentralized financial system is real, is important, and is working. None of it is forced on anyone, after all.
We are building and we are attracting the world toward us... and much of the world simply wants to gamble and have fun. This is okay, and actually provides capital for the important work happening behind the casino.
It is, actually, working.
We are realizing the wildest dreams of those who are into it for all the right reasons, despite the accompanying fantasies of those who aren't.
Just keep building, and build well.
@Sina_21st Exactly! That is what I’ve been saying. The information asymmetry is huge.
That’s why I don’t agree with the common phrase, 'You buy Bitcoin at the price you deserve
New conventional thinking: S&P 500 is the benchmark; investing in real estate is no longer worth the hassle.
Chad thinking: BTC is the new benchmark; for the time being, any other asset class is no longer worth investing in.
Markets still haven't realized this.
MEJORES RENDIMIENTOS HEDGE FUNDS EN 2024, MEDIDOS EN DINERO REAL (BTC)
DE Shaw -38.4%
Bridgewater China -38.9%
Statar -43.3%
Broad Reach -43.8%
Marshall Wace -44.5%
Schonfeld -45.2%
Walleye -46.6%
Dymon Asia -47.1%
Millennium -48.0%
Balyasny -48.6%
Winton Fund -50.1%
New Holland Capital -50.4%
King Street -50.6%
Brevan Howard -52.3%
El S&P500 cerró con un descenso del -44% respecto a su punto de partida.
Toda la economía fiduciaria, con todos sus titanes financieros, se basa en una moneda diseñada para robar a sus usuarios, y por lo tanto, no puede superar a un protocolo de internet neutral que solo hace una cosa: no devaluarse.
MEJORES RENDIMIENTOS DE HEDGE FUNDS EN 2024, MEDIDOS EN DINERO REAL (BTC)
DE Shaw -38.4%
Bridgewater China -38.9%
Statar -43.3%
Broad Reach -43.8%
Marshall Wace -44.5%
Schonfeld -45.2%
Walleye -46.6%
Dymon Asia -47.1%
Millennium -48.0%
Balyasny -48.6%
Winton Fund -50.1%
New Holland Capital -50.4%
King Street -50.6%
Brevan Howard -52.3%
El S&P500 cerró con un descenso del -44% respecto a su punto de partida.
Toda la economía fiduciaria, con todos sus titanes financieros, se basa en una moneda diseñada para robar a sus usuarios, y por lo tanto, no puede superar a un protocolo de internet neutral que solo hace una cosa: no devaluarse.
H/T @saifedean
TOP HEDGE FUND RETURNS IN 2024, MEASURED IN ACTUAL MONEY (BTC)
1. DE Shaw -38.4%
2. Bridgewater China -38.9%
3. Statar -43.3%
4. Broad Reach -43.8%
5. Marshall Wace -44.5%
6. Schonfeld -45.2%
7. Walleye -46.6%
8. Dymon Asia -47.1%
9. Millennium -48.0%
10. Balyasny -48.6%
11. Winton Fund -50.1%
12. New Holland Capital -50.4%
13. King Street -50.6%
14. Brevan Howard -52.3%
The S&P500 closed -44% lower than where it started.
The entire fiat economy, with all its finance titans, is based on a currency designed to rob its users, and so cannot outperform a neutral internet protocol which only does one thing: not get debased.
Have fun staying poor, hedge funds!
@menteinversora_ No le falta razón
Vivimos en un mundo donde la devaluación de la moneda ha sido de entre el torno del 7%-10%, no crecimiento real
Eso significa que invertir en el S&p 500 a un 8% lo único que consigues es mantener tu poder de compra + los riesgos que tienes que asumir
New year, new blank sheet to be written 📝
Be deliberate with your time & attention ⏳
Have clear goals; break them down into smaller ones 🎯
It's not about the destination; it's about the person you become pursuing it 🌱
You got this! 💪
@Giovann35084111@saylor That's out of your control, don't spend your energy & attention on it
Time will put things in place eventually 🤝
Your work doesn't go unnoticed for some (including me) focus on that
Take care :)