Machina Lore

🧙‍♂️ Wizard of Crypto & AI | Turning Complexity into Gold
📜 Explaining DeFi, Blockchain & AI to the Uninitiated
💡 Follow for Insights into the Unknown

[Machina Lore @Machinalore]

At dinner with an FX trader and an investment banker.
The FX guy asked, ‘What are the fundamentals of crypto?’
Banker: ‘There are none. A memecoin and an altcoin are the same.’
At that moment, it hit me— TradFi still doesn’t understand crypto.

Here’s why they’re wrong... 🧵

[CTO Larsson @ctoLarsson]

I’m still blown away on a weekly basis

[Machina Lore @Machinalore]

@robprogressive @SpencerKingham some Eton graphic designer dropout is proudly showing this off in some members club as we speak, bragging about their elite skills

[Machina Lore @Machinalore]

@robprogressive the dot makes it look like "Govuk". Apt - since 99% of the British people would like to tell the people behind this to Govuk themselves

[Machina Lore @Machinalore]

@tradingview @TradeStation Could you kindly make it possible to contact a human at TV? You have double debited my account subscription fee and it is impossible to get in touch.

[Machina Lore @Machinalore]

@GarethSoloway Agree. It was a confusing, weak and ambivalent speech. He did seem defeated

[Machina Lore @Machinalore]

@ctoLarsson @happysubstack @matto_sol Gorilla tape is the one gaf tape to rule them all.

[LondonCryptoClub @LDNCryptoClub]

So this is the playbook for the Fed tonight and how it plays out over coming weeks

Fed cut 25bps (quite possibly 50bps)

Market chops as we all look at the dots and forecasts forgetting that the previous dots were wrong and quite useless

Then JPow speaks

He’ll note a softer labour market than previously thought, but inflation remains above target and economy generally looks ok but the downside risks to the labour increasing are why they cut

Lots of ink will be spilt on was it a hawkish cut or a dovish cut and which one is bearish or bullish for markets

If we initially knee jerk higher, markets will get levered long at the highs and all get washed out

If we initially knee jerk lower, markets will get levered short at the lows and all get washed out

Everyone chopped up, casino wins

Then things settle down

Calmer heads will note that whilst Labour market clearly soft, economy is slowing not collapsing and in fact recent data suggests still resilient

Inflation sticky but not accelerating

Then we realise that markets are a function of rates and liquidity and the rate environment just got easier

Yields lower and dollar weaker are reflexively positive for risk

The big money then over the next few weeks start to deploy real capital and everything melts up

Funds under positioned risk throw the towel and forced to chase

Bitcoin and broader crypto finally catches up to the risk move and we push to 150k BTC into November, 6k ETH and broader alts all pumping

Bears in despair, bulls “just got lucky”

[Machina Lore @Machinalore]

@NewsAsset @blad3fath3r I like to see you getting involved, Digital Asset News, you’re one of my favourite crypto humans

[Machina Lore @Machinalore]

@FXLeadersCom Very much enjoying the posts from Arslan Butt. They have become a daily part of my Trading Analysis.

[Machina Lore @Machinalore]

Crypto History being made … again! Think I preferred making the $100k post 😏
Hodl on and wait for the magic friends 🚀✨🧙🏼‍♂️

[Machina Lore @Machinalore]

@cryptosymbiiote Very interesting and well structured analysis, symbiote. You earned thyself a wizards follow ✨

[symbiote @cryptosymbiiote]

Something strange is happening with crypto rn...

The number of flash crashes since Jan has risen too sharply

Market just erased over $300B in a day without any bearish sentiment

I spent ~40h researching all the data: Here is why this is happening and what will be next🧵👇

[Sam Altman @sama]

we put out an update to chatgpt (4o).

it is pretty good.

it is soon going to get much better, team is cooking.

[Machina Lore @Machinalore]

@ShardSwapAi GM. Wen bots live?

[Poonam Soni @CodeByPoonam]

RIP Sora

China just dropped another open-source model: Goku, their Video Generator

13 wild examples so far (Don't miss the 5th one)

[Machina Lore @Machinalore]

Stepping into the world of crypto? 🏺✨
My latest guide unravels the alchemy of digital assets—turn fiat into crypto with ease!
🔗 Read now: https://t.co/w5QpU77EbK

Welcome, to the Lore of Machines. 🧙‍♂️✨

[Machina Lore @Machinalore]

@TapTools It would certainly be shrewd of Musk to choose Cardano

[Osmosis 🧪 @osmosis]

Introducing Polaris – The Token Portal

All Tokens, All Chains, One App.

[Machina Lore @Machinalore]

@IOHK_Charles We love you @IOHK_Charles, love hearing about your pursuits inside and outside of the crypto sphere. What a life.