SummerBummer

We bum around onchain a whole summer lonnng, celebrating onchain art, music, gaming, and more.

[SummerBummer @SummerBummerNFT]

I'm claiming testnet tokens for @zksync era, the ultimate zkEVM!

My Address: 0xa5a36be6c51671978c40c5d7332cf15acaa291c5

Learn more: https://t.co/gWb7E2GT4B

[Joseph Young @iamjosephyoung]

South Korea's crypto exchange market volume surpassed the nation's stock exchange market.

This is quite insane. $BTC

h/t @DooWanNam

[Vala Afshar @ValaAfshar]

Giving is a choice.
Honesty is a choice.
Optimism is a choice.
Happiness is a choice.
Forgiveness is a choice.
Spoken words is a choice.
Teaching others is a choice.
Respecting others is a choice.
Showing gratitude is a choice.

To live a recommendable life, make better choices.

[Vance Spencer @pythianism]

Really bullish on Australian DeFi

Risk taking is culturally accepted, public education produces technical talent, and finance is one of its main industries

Historically, the prob for Australian fintech has been the small market, but DeFi now gives them global access

[SummerBummer @SummerBummerNFT]

@KamesCG Yes please

[Raoul Pal @RaoulGMI]

This space will not be a $1.7trn ecosystem as it is today but a multi-hundred trillion dollar ecosystem eventually.

You can embrace change or fight it, but you owe it to yourself to understand it as the pace of innovation is going exponential too...

[Edgar @EdgarArout]

lol - bsc node already at 42GB, at block 5million - ughhhh dumbass forks that think they will scale eth by lowering blocktime themselves will be fucked in about a year when they can't scale past the stupid disk space issues.

when you fork eth - you inherit all its problems...

[Benji Taylor @benjitaylor]

App idea: share one thing every day or your account gets deleted

[mubaris @mubaris]

wait wtf you have to write smart contracts using Haskell on ada, and still went to top 3

who tf is gonna write smart contracts in functional programming languages

just disappointed in the world

[Andrew Kang @Rewkang]

Thanksgiving vs Now

1. Double top led by derivs
2. Bleed lower with lack of bid into first nuke
3. Weak bounce w/ limited follow through
4. Second nuke (Huge OI Wipe, ~20% peak to trough)
5. Reject the lows 2-3 times
6. Gradually walk it back up to new ATHs

[SummerBummer @SummerBummerNFT]

I fully agree with this. The next set of crypto customers cares little about decentralisation if it's a pain in the ass to use.

[Jake Brukhman @jbrukh]

4/What should keep you up at night is Ethereum solving gas fees w/ a jumble of non-composable quasi-interoperable tech that, after everything, costs more & creates more friction for customers.

If agg protocols can't switch between AMMs due to L2 mismatch, customers go elsewhere.

[SummerBummer @SummerBummerNFT]

@plaffont Awesome thread. Can you share more on the rule you never break and principles that reinforce good habits?

[Chris Burniske @cburniske]

I don’t buy that there won’t be a massive crash after this bull.

Humans are still the same.

Crypto is the future, but still highly speculative. Much to be built.

[SummerBummer @SummerBummerNFT]

🤔

[redphone ☎️ @redphone]

Everything running but your picks?

You are in the shade

The sun will soon return

Everything in your portfolio running?

You are in the sun

The shade will come again

The worst traders think they can be in the sun all the time

The best prepare in advance for sun or shade

[SummerBummer @SummerBummerNFT]

Really smart play by CZ

[fiskantes ⭐️🩸 @Fiskantes]

16/ And with it, they copied dev tooling, which is arguably the single one thing Ethereum had years of moat in vs competition. Building great dev environment is hard. Binance cleverly bypassed it.

https://t.co/VfIdD1zYCY

[SummerBummer @SummerBummerNFT]

JavaScript of Finance, love this take. There are many JS killers, but none can suck out majority JS devs to move

[fiskantes ⭐️🩸 @Fiskantes]

4/ Binance Smart Chain is an #Ethereum fork (but with POA) where all the fun is right now, proving that EVM is the JavaScript of Finance.

There was too much fee pressure on Ethereum, and the BSC now acts as a valve to lead some of that pressure away via path of least resistance

[SummerBummer @SummerBummerNFT]

I support the implementation of EIP-1559 to improve the user experience of Ethereum network transactions. https://t.co/CHVy7sXx8n #supportEIP1559 #Ethereum

[Hasu⚡️🤖 @hasufl]

Saying you will invest in Defi when it‘s fully decentralized and all the kinks are worked out is akin to saying you‘ll invest in Bitcoin once its less volatile. By the time these have happened, the opportunity will be gone.

[SummerBummer @SummerBummerNFT]

@AWice How do you levered long, if master is willing to share his wisdom?