Eng 🐧

Survive.

Nothing I say is financial advice.

[Eng 🐧 @p_eng_uin]

I say that betting on sub 10M coins with a long-term outlook is usually a death sentence, but occasionally it's very much worth it

This is one of those times (currently 1M mcap)

[Pop Punk @PopPunkOnChain]

Since so many people are asking...

YES, the $PUMPCADE token will play a significant role in the Pumpcade stream & greater Pumpcade Ecosystem.

It's not an isolated token I had to launch to create the game 👾

[Eng 🐧 @p_eng_uin]

You awful people farmed this poor innocent man

#Justice4Lee

[DEGEN NEWS @DegenerateNews]

BREAKING: TOM LEE'S @BitMNR $ETH PORTFOLIO DROPS BELOW $10 BILLION

UNREALIZED LOSS NOW SURPASSES $8.8 BILLION

SOURCE: https://t.co/DBJ17ztQZz

[Chubbicorn230 @Chubbicorn230]

Market is starting to realise @Collector_Crypt 's success is not dependent on how well btc does. Its become a decorrelated RWA exposure on crypto rails. The price action on $cards today is a warning sign of whats to come.

Less than 15k wallets hold this. The majority of CT is sidelined and midcurved the play. Yeah reprice that.

[Eng 🐧 @p_eng_uin]

@Chubbicorn230 @Collector_Crypt Billions

[Eng 🐧 @p_eng_uin]

You're not just buying $HYPE for what it is right now, you're buying it for what it'll eventually become

And what it will eventually become is a lot bigger than what most people are imagining

[Skew Δ @52kskew]

$BTC
Overall not much has changed under the hood here, tradfi related selling is still weighing heavily on price especially during US sessions

however it is still very notable that there is some passive buyer on binance spot at current lows

in the last while im seeing further positioning decay as the market actually steps away from longs

at current price & where the market is, spot flows & tradfi flows which are reflexive of such have absolute dominance over the market
~ IBIT
~ STRC / MSTR

Largest spot bids currently
~ $65K
~ $60K

[Eng 🐧 @p_eng_uin]

Looks horrible

[moon @MoonOverlord]

Pokemon / TCG / Gacha rant

I think I actually underestimated the Pokemon / TCG online gachas, at first I wrote it off at gambling / slot machines which I am not a fan of (yes the crypto retard doesnt outright "gamble")

but the more I look at them they are digitizing Pokemon cards, they are taking the old stale and static inventory and turning them into NFTs batch by batch and digitizing the entire category thus injecting "internet" liquidity thats been missing for 25 years outside spot ebay or maybe an auction house here and there

im also surprised at the % of redemptions, people spin the slot machine a few times but alot of people actually take a card home / get some shipped, because one thing here is the avg EV for ripping a Pokemon modern pack is 50% MAYBE on a good day, meaning you lose -50% of your money instantly, so if you took $1000 and spin the machines youd probably get some cool cards and lose 20% of your money, you take $1k and open packs you are losing 60-70% of your money minimum

alot of copies of older cards have maybe 100, 400 or something of a PSA 10 max, for reference on alot of this modern stuff theres 20,000, 30,0000 PSA 10s. Modern is clearly a bubble. PSA refuses to grade any vintage card in a 10 anymore so the supply is as good as locked, I really do not think theres enough of these cards to go around and we're seeing that play out the last year, I watch a guy on youtube who buys for these platforms (spends 6-7 figs per show) and he cant even buy enough cards to fill his suitcase and hes offering 87%-90% instant wire / cashouts

I aint reading all that summary, gachas are digitizing pokemon cards, theres a surprising amount of redemptions and theres not even close to enough supply of "grails" / older cards and I think they are up only forever on multi year timeframe

[mert @mert]

what's crazy about zcash is that it's performing this well in the face of widespread fake news attacks (no, network was not down at all)

and one of the coldest crypto markets in a long time

it hasn't even experienced a bull market yet

[Ansem @blknoiz06]

general reasoning for thinking alts can do well even with majors looking terrible is that i just dont think ppl own them anymore, think a lot of capitulation has happened with altcoins over past three years as ppl rightfully so chased stocks which have been up only, now there's only a few protocols w/ real tech & decent narratives behind them but they're still severely underowned by everyone

[radiosolace @radiosolace]

Based on my 20 years of career and 10+ years in tech, the "best" candidate in the industry is not just smart, sharp, and has proven track record.

But it is about a candidate who could:
- Fill in the "missing piece" of the already amazing team
- Bring in new chemistry, mix the team chemistry, and create the new chemistry
- Push the C-level executives and the entire team to the max
- Springboard growth by 10x (do not compromise for 2 - 3x)

I could attest to what @PopPunkOnChain tweeted.

This person is a true rockstar.

Anyway, Pumpcade

[Pop Punk @PopPunkOnChain]

We just hired a COO at @pumpcade.

Absolute rock star candidate.

When I found out this individual was available I dropped everything to bring them onboard. They will lead Growth, Marketing, GTM, Operations, and so much more.

They start on Monday. Will share more soon.

[mert @mert]

mhm

[Luke Cannon @lukecannon727]

“Michael, so you own 5% of all Bitcoin & decided you were going to sell some to test the liquidity?"

“That’s correct Dave.”

“And you did this immediately after using up your cash to buy back debt at an 8% discount?”

“I did, Dave.”

“So when you actually did what you said you were going to do, the liquidity test didn't go well?”

“Sadly true, Dave.”

"And you only sold 32 BTC, even though you knew that wouldn't be enough to cover the next year of dividend payments?"

"Yes, Dave."

"So in the process of selling BTC to try & save STRC, you ended up killing BTC, STRC, & MSTR?"

"Very astutely observed, Dave."

[Eng 🐧 @p_eng_uin]

neet coin is quantum resistant btw

[Eng 🐧 @p_eng_uin]

@fullyfeathered 😂

[Eng 🐧 @p_eng_uin]

Hate hate hate Bitcoin so much for cucking all the pumps on our bags rn

[Eng 🐧 @p_eng_uin]

Whales and institutions dumping spot $BTC while retail knife catch lev longs getting continuously liquidated all the way down

Instead of just buying $HYPE and waiting until it flips $ETH

[Eng 🐧 @p_eng_uin]

@katalystkyle Picked some up recently

[Eng 🐧 @p_eng_uin]

@TaikiMaeda2 It's -EV holding it over something like Hype