LOU.THOR ☕️⚡️🌑

Witnessing the separation of money and state. Occasional good takes on random topics while mostly midcurf af.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

At what point do we swap $BTC for alts? Dominance killed alts, so my portfolio is mainly $BTC at this point.

Asking for a friend. ✌🏼 anyone still believe in the rotation theory?

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

It’s official: I am George.

$BTC is over 50%

@CryptosR_Us

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@kylekrason Start with "refund credit" (save fees and keep the capital)
Second step launch "pay with amazon" on secondary webpages (earn fees)
3rd step, earn interest on the collateral

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

When did we forget that all stocks are gonna be tokenised at some point and all liquidity moves onchain.

✌🏼

[Udi Wertheimer @udiWertheimer]

moment of clarity

you’re not going to want to hear this but i think we’re on the precipice of mass exodus from crypto

lots of liquidity is about to leave, either into bitcoin or into stonks

circle IPO probably kicks this off. the opportunity isn’t in memes bros i’m sorry

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@kylekrason @RujiraNetwork The challenge is trust. If it’s a Blackboxsystem and u get liquidated it’s kinda easy to say an insider liquidated u.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@Shft_Ctrl @Maya_Protocol Same! $cacao is goat!

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

I’m convinced Monetising social media doesn’t work.

Real content gets spammed by troll farms that’s circle jerk the revenue away.

readers get annoyed by inflationary weak content, writers become ever more clickbaity and advertisers overpay for adds that fake unseres consume.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@kylekrason I exclusively used things like moon pay for years. Cexless since ftx implosion, never looking back.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@FelisNorwegicus @THORChain @RujiraNetwork Rujira doesn’t solve the same problems a L2 tries to solve so it’s a weird flex 😂 but I like the fact that the tc account does educational content

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@BarryCrypto6 Tbh, I prefer it to be onchain only. It will be listed sooner or later but as long as we have no perp market we enjoy stability!

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@SofaKingNerd @BooneW The question would be: do we respect decisions from an elected leader that are undemocratic. I would answer no we don’t accept them. We make sure that this kind of leader isn’t in power to long.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@_Shiiizzle @jpthor $PTSD would actually be a funny ticker for a stable.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@SofaKingNerd @BooneW Isn’t Kim Jung Un elected every few years. Same with Putin afaik and Hitler was elected as well.

Get elected, change the laws or/and engaged in fraud, works like a magic trick.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@chainflipgod @Chainflip Let’s be real here, the PA has little to do with the token model. Buy burn model works just as good as revenue model. I prefer buy/burn cause tax and stuff.

Chart looks like big guys bought presale years ago and exited last few months.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@TopaForTheKween Funny to think that’s it could be a "realistic" 20-50x

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

It’s kinda crazy, my biggest alt bag is a 20 mil MC coin, with gold tier fundamentals, an everlasting narrative and gold tier tokenomics.

If we ever gonna get an alt season I kinda know I’m gonna make it. 2021 this would have been a dream, all of us bought MCs with Bs

$cacao

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@FelisNorwegicus @Maya_Protocol 100%!

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@RunemirQi I think humans can remember around 180 faces. A multiplier of that maybe 2-3x should be enough for most things.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@0xKiruse @RunemirQi Sounds like a problem that can be solved by the calc finance bros

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

2 years ago, the "BTC only Cycle"-Narrative was niche, back then we came out of a bear with a strong eth narrative.

Midcurvers were sidelined $BTC and long $ETH.

Today Eth suffered for 2 years and holding eth (and alts) is niche.

I hold 50+% $BTC as well more than I ever did.

[Cred @CryptoCred]

In previous cycles, BTC strength was positive for alts because the pool of buyers was crypto-native and you could reasonably assume they’ll roll profits and rotate to other stuff eventually

So a lot of altcoin front running would take place and BTC pullbacks/consolidations provided good opportunities to buy alts

BTC strength would create a ‘wealth effect’ for crypto as a whole and the velocity of money would go up across crypto as a whole

This cycle, the pool of buyers are primarily BTC-focused and don’t care about altcoins

There’s no direct wealth effect to benefit altcoins, so the non-BTC crypto natives end up PvPing themselves to front run a rotation that hasn’t happened

There’s an important lesson here:

We were tricked and we fell for it.

Investigate Michael Saylor immediately.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@RunemirQi @zcash_community @zashi_app @eldorito_club 👀 time for the Dorito SDK 👀 I’m sure zashi would like btc support.

[LOU.THOR ☕️⚡️🌑 @Lpgn95]

@RunemirQi @RealYielder $Cacao is my biggest holding after $BTC