Cycle_

better trader than Alameda
better risk manager than 3AC
better op-sec than Wintermute
down less than 9 figures in 2022

[Cycle_ @Cycle_22]

@BullbitDEXHQ @idro___ how much you get??

[Cycle_ @Cycle_22]

@cmsholdings There is no second best

[Cycle_ @Cycle_22]

@MikeMcDonald89 BTCST
Gox
Bitconnect
Covid
UST
FTX
10/10

Honorable mention to Bitcoinica. SVB USDC depeg + KelpDao fallout super depressing but they did not have much negative price action

[Cycle_ @Cycle_22]

@udiWertheimer Bro couldn’t move 30 BTC to Coinbase prime without people pulling the receipts. He’s cooked and this is fantasy

[Cycle_ @Cycle_22]

@0xFlorent_ @malshaalan why respond to AI slop?

[Cycle_ @Cycle_22]

Pirateat40 did it better. Got double the supply in a fraction of the time.

[Michael Saylor @saylor]

$MSTR has generated ₿63,410 of BTC Gain YTD (~$5.1 billion) and now holds 3.9% of the BTC network.

[Cycle_ @Cycle_22]

@SaulCapital @MacroMate8 Maple already lends at this rate and they have decent demand on the borrow side.

For BTC you avoid all wBTC/cbBTC risk/hassle, can run loans 70% LTV+ (would get instantly liquidated on Aave/Morpho), and eliminate smart contract risk.

[Cycle_ @Cycle_22]

@QuillAudits_AI None of this explains how 2 multi sigs signed the bad transaction or why the timelock was conveniently set to 0 a few days before. What distinguishes this from an inside job? Would make way more sense.

[Cycle_ @Cycle_22]

@BartHanson Brian/Robbie/(others?) rig rudimentary cheating system. Tells her binary call/fold or you’re ahead/behind. She’s too new to realize calling looks super suspicious (or wants to own Garrett). Brian freaks out and steals his “cut” anyway (10%) after the hand. Seems logical to me.

[Cycle_ @Cycle_22]

@0xRacist @AmericanAir Surely Pearl Harbor cancels this out?

[Cycle_ @Cycle_22]

@zachxbt Honestly, respect for the grind. Bro is willing to give you the time of day over $2k when he is laundering millions.

[Cycle_ @Cycle_22]

@_fallpeak @NousResearch @karpathy Remind me in 2 days

[Cycle_ @Cycle_22]

@dcfgod

[Cycle_ @Cycle_22]

@karnsaroya Thank you for addressing this, you could have easily ignored my question.

Is there a way to see the notional value insured vs. premium written? It has been hard to assess the risk of entering reUSD without knowing what potential claims are vs. current premium written.

[Cycle_ @Cycle_22]

@boldleonidas @krakenfx @saylor actually a banger

[Cycle_ @Cycle_22]

@MikeMcDonald89 Thank you, I’m super confused. The crime is front running memecoin bundlers? Who gives a shit. It’s like robbing a drug dealer except they actually went to the police and complained.

[Cycle_ @Cycle_22]

@zachxbt @WheresBroox @AxiomExchange If Axiom is actually decentralized like it claims, isn’t this all technically public info? They just have a better internal tool for viewing address connections.

Memecoins are a zero sum game anyway, who actually cares bundlers are getting front run. They’re all scum anyway.

[Cycle_ @Cycle_22]

@degentradingLSD I thought this was common knowledge? Same with the Delphi guy who shilled Luna

[Cycle_ @Cycle_22]

@0xLoris Funding rates converge to 0%.

You get paid nothing and get liquidated on both accounts from a scam wick.

Thanks for playing.