herman

[herman @hermantwee]

@karl_0x Apparantly @blknoiz06 didnt make his followers rich afterall

[herman @hermantwee]

@jtradestar wen $GAL

[herman @hermantwee]

@52kskew

[TradeStream @tradestream_xyz]

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[Nassim Nicholas Taleb @nntaleb]

For a contagion driven asset with no economic anchor such as #BTC, a falling price does not make it "cheaper" and more attractive. A falling price makes it less desirable &, paradoxically, more expensive.

Why? Because price is its ONLY information.

[herman @hermantwee]

@siliconebunker mmm Its still a big gap, like sell something on opensea to urself for 100 eth, u lose 10eth in the hope to sell it for 50eth . Probability has to be pretty high for it too work. Think -ev in most spots.

[herman @hermantwee]

@siliconebunker Well when u sell on opensea for example you pay a fee to opensea and to the creator often like 5-10% total. Seems like abit of a dust.

[herman @hermantwee]

@siliconebunker Its props not worth the fees to sell to urself

[Fomocap @fomocapdao]

> Global wealth is estimated $430 trillion 2020.
> 30 trillion was lost in 2008 crisis.
> How much wealth will be gone in 2022-2024 depression?
> 100-200 trillion?
> Derivatives market worth $1 quadrillion