DydxPyrex

reformed friendstech Luddite and CEX trader who was banished on-chain after record low vol

[DydxPyrex @PyrexDydx]

@godcomplex96 It’s not about money GoDCoMpLeX69, it’s about sending a message

[DydxPyrex @PyrexDydx]

@InfiniteKedem @TheFlowHorse Was it so predictable? 😂

[DydxPyrex @PyrexDydx]

These TradFi influencers who’ve been wrong on the markets consistently in public are losing their mind clamoring to bet that BTC does not cross 100k in the next 9months

Rooting against them.

[DydxPyrex @PyrexDydx]

@DaniloMenshikov @spreekaway @AnthonyLeeZhang Here you guys go - a succinct explanation

[DydxPyrex @PyrexDydx]

@DaniloMenshikov @spreekaway @AnthonyLeeZhang Also - was the last rebuttal for reg risk. I knew a digital asset working group that was sunset post-ftx as the reg risk was not worth it. But black rock offering an sec Approved BTC product is a signal for boomers/RIAs not just exposure mechanics

[DydxPyrex @PyrexDydx]

@stoicsavage Sounds more like a post-sale for the team

[DydxPyrex @PyrexDydx]

@0xJezza @Mister_Ch0c He’s here somewhere

[DydxPyrex @PyrexDydx]

@IamNomad @cryptamurai Do you dislike eth culture or just find poor r/r in holding eth? I know your just going to answer yes

[DydxPyrex @PyrexDydx]

@CryptoParadyme @QuantVol Wallets disappear, exchanges collapse, companies commit fraud, it is centralized and opaque.
Still, bitcoin prevails with the "democratization" narrative.
You can't make this up.

[DydxPyrex @PyrexDydx]

Coin is up 60% in the last month and this guy has this thread pinned to his account 😂

[Rho Rider @RhoRider]

🚨⚠️🧮🧠Been hearing a lot of a wild hot takes $COIN revenue will pump from ETF Custodian & Trading fees, so I ran an estimate:

TL;DR: It will likely barely be >1% revenue boost in 2024

(Note* Assumes Custody & Trading fees disclosed in Galaxy's filings apply for all ETFs)
🧵

[DydxPyrex @PyrexDydx]

@tradeboicarti16 The choice of halfway houses everywhere back then

[DydxPyrex @PyrexDydx]

@Youbetchya87 @Speedster070707 @TicTocTick Look at mortgage apps (decline) with rates at 5-6%. You’re talking 150$ a month (check math) per 1% diff.

I have a hard time believing there’s a plethora of buyers who can afford 2750 but can’t buy now at 3200

We’ll just see higher vol in home sales as people move and sell

[DydxPyrex @PyrexDydx]

@TheFlowHorse Yeah there’s no financial nihilism in record 0dte options and legalized mass gambling addiction. And in fact - crypto is isolated in its extreme risk taking.

It’s definitely not just one symptom of increased digital reality of hyper-inflation and wealth inequality.

[DydxPyrex @PyrexDydx]

@Evan_ss6 Yeah certainly in bankruptcy your the first person who’s made whole with your ‘claim’ on the company 🙃

Okay, you have legal recourse as a shareholder and a government protection into transparency

But let’s be honest. You own nothing but speculative pnL w/o dividends

[DydxPyrex @PyrexDydx]

@HS07641012 @econoar Well that’s not very horny or degen of you Mr. gamer

[DydxPyrex @PyrexDydx]

@0xNoFacex0 No face no ticker

[DydxPyrex @PyrexDydx]

@kennedy__cox @BrosefJogan @TaviCosta @brunswickstew92 @wezmykat @inversebrah

[DydxPyrex @PyrexDydx]

@econosopher @AnthonyLeeZhang grifting is rife ! Can’t argue that.

But

Equity distribution
Founder/contributor vesting
Inflation rate from User Acquisition cost
Burn/Lock mechanics
And Smart contract programming reqs

Its just part of crypto now if you decide to go for a liquidity event in the market

[DydxPyrex @PyrexDydx]

@chiefingza @SwellCycle Chief IngZa sir, what is an example. Why is it the biggest relative to normal life/trafFi Fintwit