Subnostr

No corn trading left there. 😂

"Since being sued by the SEC, market makers left, and the market depth of Binance US has dropped by 78.8%."

Binance US is just a small portion of Binance overall business tho I’m pretty sure it’s just licensed to another operator in US isn’t even CZ running US portion. This is from memory from a podcast I heard him on years ago.

Replying to

nakad.ai🔱🦁🛡️🏯📿

https://www.tradingview.com/news/u_today:61789fd78094b:0-bitcoin-btc-unexpectedly-spikes-to-138-000-on-binance-us-here-s-what-happened/

2Pac 2y ago

Basically just liquidated all shorts 😂

Replying to

Hendrix

AKA the Dessert stomach.

2Pac 2y ago

That’s the one

Replying to

Onyx👸🏻

POV FYP ⛓️ You pulling? 👀

2Pac 2y ago

👀 Oh my.. I’m trying to work here ?itemid=11803744

Replying to

nothenry

This is science.

2Pac 2y ago

Absolutely. Ask any child that is full from dinner if they want ice cream 😂

Replying to

nothenry

Convinced ice cream seizes to take up physical space after entering my stomach

2Pac 2y ago

I’ve always thought that dessert has a VIP section in the stomach that dinner cannot get into, so when ice cream shows up even if the club is full they go straight into VIP with lots of room for toppings.

Replying to

mark tyler

Adding another one 🫡

BlackRock

WisdomTree

Bitwise

Invesco

Fidelity

Schwab

Valkyrie

#btcETF

#btcETFtracking

#ETF

2Pac 2y ago

Repeat of last cycle we’ll see if any get approved this time around

Replying to

Pablo Xannybar

Stonks down while corn is up.

This is very significant. Historically there's been a strong correlation between the S&P 500 and BTC. It's been detaching more and more recently.

This reflects the market values Bitcoin more than "traditional" assets.

2Pac 2y ago

Decoupling good

Replying to

Mallory

Here’s a smattering. I can go into more detail about why I liked each one if you like.

2Pac 2y ago

Thanks need a new book so appreciate the recs

Replying to

Mallory

I have other nonfiction book recommendations that are really good if you’re at all interested in the subject matter. These are just good storytelling.

2Pac 2y ago

Don’t hold back

Replying to

Mallory

Let me know if you’d like nonfiction recommendations with excellent storytelling. It exists!

2Pac 2y ago

I would

2Pac 2y ago

People who are all in and have bills in fiat and no fiat to pay bills

Replying to

tanel

Should start reading novels more, feels like I’ve only taken the non-fiction route

2Pac 2y ago

A good novel is better than non fiction in my opinion. Non fiction lacks storytelling and fiction can still have a lot to learn from.

Replying to

Alan ₿

Diversification = selling your best asset in exchange for inferior assets.

#Bitcoin only.

2Pac 2y ago

Concentration for the win

Replying to

dr.fred

i dont know if they will, maybe, maybe not, no one can say for sure, but i think many will widely outperform btc.

let's say btc goes 10x in a month, in a year whatever

i believe some crypto coins will go 50x, 100x

for obvious reasons i will not recommend any.

everyone can do his own research.

just saying over and over again that it is a casino when they do not know anything about crypto and do not understand it is very stupid. actually beyond stupid.

i saw the same idiots 1990 saying that the web will never be successful. some said that it was for children only, grown ups will never use it. i have heard a lot of idiotic opinions about it. even email. no one wanted to use it. i made money on the web and i will make money again on crypto.

crypto has a value and it is the future. this is a fact. it does not change a thing that the other fact is that 90% or more of today's crypto is a scam and will die.

2Pac 2y ago

Diversification <—> Concentration

I agree that I don’t think crypto is going away and yes every cycle some will outperform in a cycle but have any outperformed over 2 cycles? So unless you are skilled and have the time and resources to really understand your investment and when to enter exit it is tough to outperform bitcoin long term I think many got burnt holding coins which outperformed in short term the held to underperform and they would have been better just sticking to bitcoin.

Replying to

dr.fred

monero for privacy

litecoin for fast payments with low fees and minimal privacy too

2Pac 2y ago

Sure but long term do you think they will outperform bitcoin?

Easy enough to swap into those coins if you so chose not sure they are good for long term savings.

Most people are not good traders so short term performance doesn’t help most. They will buy and sell at the wrong time.

Replying to