“Let me get this straight, you can buy a burrito on an interest-free instalment plan?”
“That’s right, and we’re not even based in the Chipotle store.”
“So, you finance this by packaging the burrito instalment loans into Burrito CDO A, which has part of Burrito CDO B and both get put into Burrito CDO C?”
“Yeah. The original loans are backed by burritos. Chicke. Pork. Carne Asada. Whatever. But Burrito CDO C is a synthetic Burrito CDO. A CDO of Burrito CDOs.”
“Ok, let’s say we have an underlying pool of $10,000 in burritos. How much money could be out there betting on instalment loans and your synthetic burrito CDOs?”
“Probably $100,000,000.”
“C’mon! How much bigger is the market for burrito instalment loans than actual edible real-life cheesy burritos?”
“At least 100x.”
“That is fucking crazy.”
“No, it’s awesome.”
And let’s not forget Trump just met with their CEO for private meeting. You can always find bullish news and info, but it seems harder and harder to deny that 2025 could be a truly wild bull run.
Coinbase chief policy officer Faryar Shirzad told CNBC this week that he sees versions of the FIT21 bill and the Clarity for Payment Stablecoins Act moving “fairly quickly” next year.
ETF News: @Grayscale proposed rule change to convert $GSOL into a Spot ETF
https://t.co/mi4ire3wh9
Give it a read - this is our first view into how the industry regulators and issuers will structure and describe Gen 3 blockchain network tokens.
100% agree, your main spot portfolio should of been fully allocated by now. We had many lows over the year to build amazing positions. Your portfolio should have 2x’d or more at this stage alone. It’s one of the toxic things in crypto you can go from 70k-90k BTC and after a week of 90k BTC people act like it’s dead again , lol.
I’ve been hearing OTC supply is a growing issue. I’m very much expecting a huge surge when we break $100,000, I imagine it’ll be similar to breaking 10k. When we broke $10,000we flew to $19,000. Could see us breaking $100,000 and moving quickly to the $115,000-$120,000 range.
Ultimately though BTC is king and the king does what he wants, lol.
I hold XRP and believe it has use and is worth having a spot in many portfolios. There’s a lot of arguments both for and against XRP. I won’t delve into them right now because you can find plenty of those arguments elsewhere.
But the ideas circulating that XRP is going to $100 are wild. I saw a TikTok today with someone giving a price prediction of $10,000 per coin. These predictions are insane and not based on any sound foundation. I still believe XRP has a lot of growth and can give great returns even from this price point. But make sure you don’t fall into these insane predictions and ideas. What will happen is you’ll hold through the top of the market expecting something that simply will never happen and then loose it all. Trust me you’d rather make $10k or $100k than make $0 shooting for $5,000,000.
I'm hearing lots of insane talk about $XRP ... lets make a few things clear.
Fun Facts:
1.) $XRP is currently at December 2017 prices.
2.) $XRP is down -90% against #BTC since 2017.
3.) If $XRP went to $100 it would be worth more than #Bitcoin and $NVDA combined. (Not happening)
There are amazing tools out there to help protect yourself learn to use them. Develop a strategy and guidelines for yourself and stick to it.
Most investors and traders don’t succeed most also don’t treat it as a job. They don’t have strategy’s and guidelines and the structure they need. They just wing it and because of that most fail.
Put in the work, be serious and you’ll succeed and be thankful tools like this exist now.
Big shoutout to @bubblemaps for the V2! The 'back in time' feature is a game-changer for tracking insider movements.
I kicked things off by examining $NEIRO (@NeiroOnEthereum) at its launch, and noticed that 34% of the supply was clustered together.
This setup, where the supply was controlled, caused three pump&dumps, with most of the profits going to the cluster.
The peak reached a market cap of $280M, and it’s now sitting at $75M.
Seems like the Banana Zone wasn't such a stupid idea..plenty more to come, over time (with plenty of sharp corrections too along the way).
Strap in. 🍌🍌🍌
This is a good reminder that new tech is often undervalued.
Don’t fall into the trap.
Do the research yourself, don’t rely on others period. Learn what $BTC is how it works and why it matters. Learn about how our global economy is driven by debt and inflation and the key to you gaining or maintaining wealth could very well be getting out of debased currencies and into hard money.
I’ve read several anti bitcoin books and often lurk in r/buttcoin to try and keep a balanced perspective. I will say I’ve never met anyone who fully understood the global economy & bitcoin and didn’t see its value.