Richard Bart

Observations and thoughts on crypto and broader markets.
Been around the block. Freshly minted anon.

[Richard Bart @cryptolusional]

@Tetranode Crypto unravelling and legacy markets about to implode and we are looking at the RSI. Fuck me.

[Richard Bart @cryptolusional]

The future of web3 in a rule based system.

[Richard Bart @cryptolusional]

Funds are safu

Stored so well, they can't be moved.

[Haseeb ＞|＜ @hosseeb]

Looks like custodians are unable to move SOL in cold storage due to the durable nonce bug that took down Solana.

(TL;DR: Solana doesn't use nonces except in a special type of transaction called "durable transactions," for offline use. This was disabled.)

https://t.co/6HSiWHnGAj

[Richard Bart @cryptolusional]

@WuBlockchain 2 million - can monitor here: https://t.co/trahi6i6h1

Wintermute posting buying address??

[Richard Bart @cryptolusional]

However this consolidation breaks, I'd play it to either of the top / bottom of the range.

Patience, anon

[Richard Bart @cryptolusional]

$ETH

Keeping an eye on this consolidation block.
Momentum remains down.

[Richard Bart @cryptolusional]

$ANC

Nothing like thick red candles to make your day brighter.

[Richard Bart @cryptolusional]

$ANC

Said level has flipped resistance. Enjoy, anon.

[Richard Bart @cryptolusional]

https://t.co/C40fJyu0ff

lol, imagine doing this as one of the largest market makers in the space...in 2022.

If they can't get it right, retail has close to no chance. ngmi

[Richard Bart @cryptolusional]

Even half of this time would be bad news bears for majority of people.

[*Walter Bloomberg @DeItaone]

YELLEN SAYS SEES NO WAY IN WHICH INFLATION IS A DECADE-LONG PROBLEM

[Richard Bart @cryptolusional]

@josephzeballos The IRS, but a DAO.

[Richard Bart @cryptolusional]

Launching airdrops into a market where the retail that is left is just looking to sell is not a strategy I would have taken. Gives believers a chance to accumulate on the lows, and that's about it.

[olimpio @OlimpioCrypto]

$HOP is close

🔎

[Richard Bart @cryptolusional]

@S_c8knight Correct. The slow bleed as volume has cratered.

[Richard Bart @cryptolusional]

$ANC

Said level has flipped resistance. Enjoy, anon.

[Richard Bart @cryptolusional]

$ANC

Nothing but air below if we lose this level.

[Richard Bart @cryptolusional]

If I were a project founder, a perps listing on FTX would be the last thing I wanted for my product in a bear market.

[Richard Bart @cryptolusional]

You heard it right. Even more liquid sell pressure in a bear market.

[olimpio @OlimpioCrypto]

$OP Airdrop #1 was just 5%, from 19%. There will be more $OP incoming 🪂

A possible eligibility criteria for future $OP airdrops? Governance 🏛

There is one day left before the first round of voting starts.

Prepare today, there is a governance snapshot tomorrow 👇

[Richard Bart @cryptolusional]

It's only fitting that the market nukes during Consensus

[Richard Bart @cryptolusional]

Test net merge looking good so far. First piece of positive news in awhile.

[Richard Bart @cryptolusional]

https://t.co/v03YRggyXI

The singing has stopped.

[Richard Bart @cryptolusional]

@SaefulAndy It means that the former support level has flipped to resistance, implying bearish momentum is still in control until that level is re-claimed.

[Richard Bart @cryptolusional]

$OP

That's that, folks!

Launching an airdrop at billion's FDV in a bear market.
Imagine thinking it would end any other way.

[Richard Bart @cryptolusional]

$OP

FTX Perp listing STRIKES AGAIN.

Truth is everyone just piles shorts on these to hedge their spot while airdrops get claimed. Can rally as claims show down and shorts close, but expect nothing much other than a bear market rally this quarter.