Tyrannosaurus-Rekt

Ravenous for blood and profit while facing the threat of financial extinction.

[Jamie Coutts CMT @Jamie1Coutts]

Young Australians should be enraged by the new super tax.

The statist talking heads will tell you "it's only on balances above $3M. The rich." Most Aussies will fall for it.

Run the numbers. 35yo today. $200k in super. Contributes $15k a year. Earns 8% returns (long run super average).

In 30 years their balance is $3.7 million. Caught by the tax.

But here's the trick. Australia's money supply has grown about 8% a year for the past two decades. RBA's own data. So that $3.7M buys what $369k buys today. Same groceries. Same house. Same petrol.

You didn't get rich. You ran on the spot.

And the $3M line? Frozen. In 30 years it only buys what $300k buys today. It's lost 90% of its real value. The govt doesn't have to move the line. Inflation does the work for them.

No different from the obscene overreach on anti-money laundering rules. The $10k cash transaction threshold was set in 1988 and never moved. $10k then is $26k in today's money. Adjusted for money supply growth, it's $170k. Same threshold. Almost 3x more transactions caught by CPI, 17x by money supply. That's why you get interrogated at the bank for withdrawing what only covers half a year of school fees.

Same trick with income tax. Wages rise with inflation. Brackets don't. Suddenly the average worker is in a "high earner" bracket they were never meant to be in. You don't earn more. The line moved.

This one policy tells you everything you need to know about the government and its intentions. It's all about grift and theft.

Meanwhile, the kids who get hit hardest are kept busy by an education system arguing about hate speech, social media, and the climate apocalypse promised in 2012. Nobody teaches them how money actually works. The govt likes it that way.

So they vote for more taxes. Bigger govt. More "fairness." Pouring petrol on the fire burning their house down.

The fix isn't communism. It's the opposite.

Smaller govt. Lower taxes. Index every threshold to the actual money supply, not the CPI lie. Decentralise the banks.

Despite everything, Australians are entrepreneurial and predominantly hardworking. Imagine what this country could become without the government's boot on its neck.

[Coin Bureau @coinbureau]

🚨 JUST IN: RIPPLE TO ACQUIRE BC PAYMENTS SECURING AUSTRALIAN FINANCIAL LICENSE

Ripple will acquire BC Payments to obtain an Australian Financial Services License, enabling the firm to expand Ripple Payments platform and services across the Asia-Pacific region.

[$ROOST CTO @RoostCurrency]

GM Broosters! Happy Friday!

When it comes to meme coins, most people are still looking for an instant gratification, throwing money into new shiny & pumping crypto toys and hoping they are not at the tail end of it (casino game at best). Which, most the time leads to regret, despair, and disappointment. You don't have to take my word for it, every chart you see on dexscreener eventually dumps into oblivion.

With an OG coin like $ROOST, we offer an alternative. Way past the quick pump/dump phase and with ridiculously low MC, $ROOST is positioned to attract quality investors. We are truly now in the community building phase.

Food For Thought:

"FEW" believed in or gave a sh*t about Bitcoin back in 2010.

BE THE "FEW", Believe In $ROOST Now.

Truely Yours, $ROOST

[Tiago Forte @fortelabs]

Wait, so the founder of Anthropic is "Amodei," as in "loves god"?

And he leads Anthropic, meaning "human-centered," which is being used in military strikes?

And the creator of ChatGPT is "Altman," as in "an alternative to humans"?

And he leads OpenAI, which is completely closed?

And then there's "Gemini," meaning "two-faced," from a company that promised to do no evil?

And the whole global AI arms race is being driven by people who claimed to be worried about AGI taking over the world?

Either the universe is an extremely cliché writer, or has a brilliant sense of humor

[TechDev @TechDev_52]

It's time once again for Bitcoin's 2W RSI channel.

Green circles = Peak oversold bottoms

Red arrows = Max potential energy at business cycle lows

Interesting pairing we have here.

Only seen once before...

[CrediBULL Crypto @CredibleCrypto]

A good time to retweet this now that 74k has been broken and we are seeing one of the more violent corrections on $BTC that we have seen in a long time.

A few things I think it's important to remember during times like this:

FIRST: Panicking and reacting emotionally is never going to help things. I've been through every major correction/downturn since 2017 and some of them have been pretty damn bad. At the end of the day, none of them led to "the end of crypto" and this one isn't going to do that either. Focus on the charts, not narratives, and analyze the situation as you would under "normal" circumstances, letting technicals guide your decisions rather than emotion.

SECOND: It's worth pointing out- that even in 2017, we fell 50% from our highs in a single week- the most devastating correction we had ever seen in the history of Bitcoin (at that time). During this 50% drop, total altcoin marketcap ALSO fell 50% in this same window, meaning alts took a hit on the way down with BTC as well. However, after $BTC hit 10k and saw a 50% deadcat bounce- altcoin marketcap didn't just bounce 50% back it literally went on to make new ATH's, going 3x off the lows and sending many alts up 5x, 10x or even more. So don't assume that this large correction means your "alts are dead". Bottomed out alts are still bottomed out, and this correction doesn't change that.

THIRD: While people may agree or disagree on what constitutes a "cycle top" or a "bear market, one thing pretty much everyone I think agrees on is that parabolic, blow off tops lead to the largest, most devastating corrections when they complete- and we did not get a blow off top in the current instance. Which means, this ensuing correction- while brutal, could have been significantly worse, and likely won't be nearly as bad as many are saying it will be (that is the fear, panic and emotions talking).

So, keep calm, don't panic, read the post below and watch my latest Youtube vid (pinned tweet) if you'd like to see some potential ways this correction may resolve (also tune in for Part 2 on alts which will be released soon) and let the market settle before jumping to conclusions/decisions that you may regret later.

[MrParaBULLic @iLiquidatebots]

$btc

I see only 2 outcomes now!

$300k or $650k bitcoin MFs!

Either white or green!

Funny we’ve almost tapped 618 gold of the whole move lol. Either way this is a macro bottoming event at the highs.

It also looks like alts will outperform. Check back in 2 weeks for bd.

[MrParaBULLic @iLiquidatebots]

Applies to $eth too.

Easiest fkn counter trade. Gold and silver had their parabolas EXACTLY as I told you would happen first years ago and reminded you over and over since.

CRYPTO WILL GO PARABOLIC TOO

These last drops are just to shake the believers out. It’s working $btc

[CrediBULL Crypto @CredibleCrypto]

"Houston, CrediBULL Crypto here. The Llama has landed."

$CRV

[CrediBULL Crypto @CredibleCrypto]

tap tap tap

[Dreamcash @Dreamcash]

$DREAM

[フ ォ リ ス @follis_]

Normal life:

- work a 9-5 desk job, collect a regular wage
- holidays once or twice a year
- watch netflix in the evenings
- doomscroll tiktok, check insta
- retire at 70

Crypto life:

- work 24/7, gamble your net worth in virtual casinos
- leave your basement once or twice twice a year
- watch Jerome Powell say "good afternoon"
- doomscroll X, check portfolio
- dead at 35

Easy decision really

[Ethereum @ethereum]

1/ Fusaka is coming December 3rd.

Ethereum’s next major upgrade shows that the network can grow to meet global demand, without compromising on decentralization or permissionlessness.

Whether you’re a user, builder, institution, or operator, here’s how Fusaka will impact you.

[CrediBULL Crypto @CredibleCrypto]

If you or someone you know has ever asked the question “How much leverage are you using?” then this video is for you.

The first episode in my new series where we will look to break down complex/misunderstood topics into easy to digest pieces of content that are FOUNDATIONAL for any aspiring trader to understand.

Likes/shares always appreciated. Enjoy!

https://t.co/nBq9rTQIib

[CrediBULL Crypto @CredibleCrypto]

Over a year later, but it's finally time.

The first lesson in my new educational video series will finally be released within the next 24-48 hours and the second lesson is already in the works.

Complex trading concepts/topics, simplified.

I have a feeling this will be the start of something great.

Subscribe to my Youtube channel and turn alerts ON so you don't miss it: https://t.co/pPaxaY0ga0

[Sophon @Sophon]

Crypto makes cool shit possible.

To prove it, we're taking an album to #1 on Billboard with our Hit Machine.

Internet history in the making. Only on Sophon.

[danny cole @dannycoleee]

over the next 20 days, i’m creating an album with 100,000 strangers and trying to get it to the top of the billboard charts. 🧵

[Raoul Pal @RaoulGMI]

So now the US Gov has reopened, what's next?

Expect a few days for TGA spending to begin to significantly add to liquidity and should persist for several months.

Obviously, QT ends in Dec and the balancesheet will crawl higher.

We should see the dollar begin to weaken again.

The next key step is to avoid a Year End funding squeeze. Expect several "temporary" measures to add liquidity. Term Funding and SRF operations are most likely.

That will eventually morph into the desperately needed changes to the SLR to allow banks to absorb more issuance and re-lever their balance sheets. This is a big liquidity bazooka. Expect in Q1.

SLR should lower rates as banks buy more bonds.

Also expect CLARITY Act for crypto to begin to get finalised.

There will also be stimulus payments and the Big Beautiful Bill fiscal goosing.

China will contonue balance sheet expansion. Europe will add fiscal stimulus or extra spending.

The debts must be rolled and the Gov wants to super heat the economy into the Mid-Terms.

This is the Liquidity Flood.... the spice must flow.

[CrediBULL Crypto @CredibleCrypto]

So, funny thing about this...

I actually bumped into a couple at one of the wineries I went to last week- got to chatting and found out the guy is the CEO/founder of a private cybersecurity firm.

Ended up going out to dinner with them that evening where we had some interesting conversation.

He told me he personally never invested in crypto but he follows the market closely as he has friends that are invested.

Was familiar with all the major events/hacks/thefts in the space before I had even mentioned them.

He was extremely confident the quantum threat to crypto is coming faster than most are expecting. He did say what is echoed here- that people will need to move their funds/quantum proof their crypto soon or risk losing it.

And because of this "inevitability"- he believes Satoshi (if he is still alive) will need to move funds from his wallet within "the next year".

That's a bit sooner than the "2 years 4 months" date below, but this guy was clearly very smart and this is his literal area of expertise, so it is something that stuck with me.

In any case- like I said this is not my area of expertise- but it is interesting that this idea lines up nicely, again, with the idea of our next secular bear on the horizon following this final parabolic rally in the coming months.

I think this narrative is probably the strongest one to strike fear/panic into the minds of the masses and I can bet we will be hearing more and more about it in the future when market conditions are not so favorable and stuff like this has an exacerbated effect on the psyche of your average retail investor.

On another note- would be interesting to hear from those who ARE more knowledgable on this topic so if anyone has any good resources (podcasts, interviews) with experts on this subject feel free to share them below.

[TechDev @TechDev_52]

Business cycle wise, and macro structure wise (not just BTC), the most recent point of similar market positioning was October 2020.

Then: BTC 10k, ETH 300
Now: BTC 100k, ETH 3k

Both: Sentiment terrible

Poetry.