$BIO update:
Since the thread, price went from ~$0.065 to sub-$0.04 and has been consistently selling off.
The point wasn’t that BIO is useless — it was that the DeSci / biotech narrative was being priced far ahead of proof.
So far, that looks correct.
Good flywheel, but hype ≠ retention.
@levelsio@gsusMad There are many problems with the tap water but buildup is something I never saw in Portugal while Belgium and Italy airbnbs kettles I’ve been in had terrible amounts of limestone buildup
@TheJMSM21@BetclicPortugal Erro muito grave da Betclic. A aposta é clara e sem caveats - 1 •jogada OFENSIVA
A equipa de suporte admite o erro, retiram a aposta do mercado nos jogos em calendário e recusam se a pagar ao apostador que tem uma aposta vencedora.
Como ficamos @BetclicPortugal ?
Some AI “math” from todays baseline:
Chips improve by 2x next year
Models improve by 2x next year
Capex scales capacity by 10x next year
Means that whatever you see today will be ~40x better in a year and another 20-40x better a year after that.
So we can expect 800-1600x by 2026.
What won’t be possible is probably the better question.
People will charge you +$1000 to explain to you how fundamental analysis works.
Here is a thread completely for free.
This is the exact same analysis I do for each project I invest in that gave me 500x on average.
No fancy shit, only real insights. Save it, share it.
Thread!🧵
Humanities degrees should cost $5,000 yearly, ~$500 per class.
If these degrees were $20,000 in total over four years/40 classes, they would be very popular
Someone should create this product as a startup… find a cheap space to host classes & strip out all costs that aren’t teachers/essential.
At $100-250k, these degrees are wildly disconnected from reality and a luxury product for elites.
Treasury yields have risen so much they've completely snuffed out the risk premium offered by emerging-market bonds. Great chart by @SriniSivabalan
https://t.co/0TCVS48R5l
1/6
The state of the stock market in five charts.
Friday's close, the S&P 500 (blue) correction is now 7.95% (red), the largest since the market bottom a year ago (October 12, 2022).
This correction is bigger than March, when everyone was hyperventilating about bank failures.
Crypto Watchlist for the week ahead:
$FXS - FRAX v3 deployment has started and will be completed in the coming weeks
$BNB - Binance SEC hearing is scheduled for Oct. 12 - grab your popcorn🍿
$APT - ≈$23.8M worth of $APT will be unlocked on Oct. 12
• $RDNT - Radiant Capital's launch on Ethereum was rescheduled to Oct. 15th. It will likely end up being a "sell the news" event, but I think that it will help Radiant to attract more TVL in the long run
$SNX - Synthetix Perps V3 is coming + Infinex (a CEX-like front-end project) launch is around the corner + Synthetix is launching on Base soon. $SNX is one of the tokens with several mid-term catalysts
And that's it for this week.
If you enjoyed reading this, a like + retweet would be much appreciated🫡
1/11
The hottest topic in the markets is how much higher rates will hurt.
It may not be that painful.
Non-financial corporations are getting a bigger benefit from higher interest income than the drag from higher interest expenses.
Their financial position is improving.
🧵