kayfuzi

dick/butt

[kayfuzi @kayfuzi]

Id be really cautious on filling spot now. The monthly closes were not great. Scalps are fine but dont be in bull mode and hodl. Still downside biased and we will have more short opportunities imo.

[kayfuzi @kayfuzi]

@griessonk @AzukiTCG Because people keep talking about how nice the cards are, not the game. But people who have played say the games just soso. A lot of TCGs like Pokemon can get by with soso game because IP is strong, harder for new IPs unless it checks both boxes.

[kayfuzi @kayfuzi]

Interesting close on LYFT
RIVN also in a potential tislly interesting monthly
Some kind of meta coming?

[kayfuzi @kayfuzi]

@Beezie Can we have gachas by IP? E.g. only Pokemon? Otherwise as we add more categories its just more and more stuff we may not want if we are just fans of specifc IP(s).

[kayfuzi @kayfuzi]

@thetoyinvestor I wonder how much of the price insensitivity has to do with gift card usage

[kayfuzi @kayfuzi]

@bryan_johnson So does Kate take cialis for research purposes too

[kayfuzi @kayfuzi]

@saturn42227 @goatcollect @OnlyInCleveland No, just like most of us left to enjoy those things, got washed up and rich and are back to buying pokemon cards 😂

I suspect you dont relate because you mightve had a very different childhood. Its very hard hard explain, I personally feel very happy buying back everything

[kayfuzi @kayfuzi]

@goatcollect @OnlyInCleveland They should be saying the same thing because its exactly the reason they collect. Many peoples brains literally have a section dedicated to pokemon formed when they were younger and reactivating in adulthood. Maybe yours doesnt so you dont get it

[kayfuzi @kayfuzi]

I wonder if eth dumping brings NFTs back to life.

I felt the last run up was due to people buying lots of cheap eth and that running up. People peg to those prices in absolute.

Now people could think on a dump, this used to cost 100k and now its 5k, good time to buy

[kayfuzi @kayfuzi]

Well lucky I stopped bothering with crypto because its pretty much at the same place 3 months on 🤣 those super old bids still queuing there lol

[kayfuzi @kayfuzi]

BTCs monthly bear divs are nearly reset, though I think there's no rush over the next month or so. Gonna set some 75k stink bids anyway as a stab!

[kayfuzi @kayfuzi]

FYI I decided not to enter spot 🙃

[kayfuzi @kayfuzi]

@ColdBloodShill You been sleeping in haven tcg chat, a few of them only talk about 1996 glossy and no rarity since last year. Alpha given to you months ago from subscribers.

[kayfuzi @kayfuzi]

@nightjarNFT I have some if these are they still a thing

[kayfuzi @kayfuzi]

@ColdBloodShill Thats misleading, there r way less OP cards. You're averaging out Pokemon which has a lot of low end, beat up and obscure cards transacting for nostalgia. At the high end pokemon cards are also doing millions not 6 fig. I mean even if you wanna pump your bags this is embarrassing

[kayfuzi @kayfuzi]

Feels like Monad season is coming

[Mario S. @covered_call]

Dave is right - USVC yet another grift in the world of retail-accessible VC. I went through the 56-page prospectus and its even worse than the tweet suggests:

1. Fee stack: 3.61% gross annual expense ratio, capped net at 2.50%. Underlying SPVs/VC funds charge another 1–2.5% mgmt + 20–30% carry on top. You're paying 3+ layers of fees before any return hits your account.

2. The prospectus states twice, verbatim: "The Investment Adviser has no previous experience managing a closed-end, registered investment company." The adviser was formed Dec 2023 and rebranded from "Strawberry Tree Management" to "AngelList Asset Management" last November.

3. Portfolio manager Ankur Nagpal is compensated on AUM growth, not performance. Straight from the prospectus: his Carry acquisition earnout "includes contingent payments tied to USVC's growth in assets under management." Textbook non-traded REIT incentive structure.

4. AngelList gets paid three times on the same dollar:
• 1% advisory fee to AngelList Asset Management
• Up to 5% of profits to Platform Advisor LLC (AngelList affiliate)
• Fund admin fees to Belltower Fund Group (AngelList affiliate)

5. NAV is sponsor-marked - the adviser is its own "valuation designee." Prospectus disclaimer: "Fair value prices are necessarily subjective in nature…no assurance that such a price will be at or close to the price at which the security is next quoted or next trades."

6. "5% quarterly redemptions" is marketing. Reality: Board can cancel any offer, can offer less than 5%, can repurchase at a discount to NAV, and oversubscribed offers prorate. Straight from the doc: "Shareholders should not rely on being able to tender the full amount—or any—of their Shares."

7. Naval frames it as "VC for everyone." The prospectus describes a non-traded CEF with sponsor-marked NAV, AUM-linked manager comp, three layers of affiliate fees, and gated discretionary liquidity.

Retail doesn't need access to private markets this badly.

[kayfuzi @kayfuzi]

@HelloKittyTimo What is still illiquid in pokemon

[kayfuzi @kayfuzi]

@garyvee Waiting for vee n friends tcg

[kayfuzi @kayfuzi]

@AltApe_sol @poke_maam @0xbleak Glossy chat do psa cuz there are so many psa 1s anyway 😂

[kayfuzi @kayfuzi]

@0xDamien I dont mind using Carousell's buy function tbh. But they need to be more realistic about pricing when the market is mostly local vs cross border. People understand paying 10% on XB, but i think the max anyone will pay is 1 to 2% on a local transaction.

[kayfuzi @kayfuzi]

@dazza9x Shining Imakuni is one of my favorite cards!!! I've a few. You didnt mention that when you scan the card on e reader it gets even funnier. Not sure if you didnt know or didnt think it was significant enough but imo it adds on to the cards Easter eggs.