Just shrimping in the crypto sphere.
Joined November 2008
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Boombastico 🐧 retweeted
BREAKING:
Polish police officers have shot the suspected terrorist in Krakow, Poland.
Several people were killed by the man who was shooting from a car at the main square in Kraków’s Old Town
Boombastico 🐧 retweeted
BREAKING:
Several killed and many wounded in suspected terror attacking at the main square in Krakow, Poland.
A man in a black car drove across the square in black car, shooting from a rifle.
Boombastico 🐧 retweeted
bitcoin:native has rarely tracked equities this closely.
Over the last 30 US sessions, the correlation with the S&P 500 reached 0.80. Since 2020 it has spent most of its time far below that.
Despite the talk of bitcoin's relative strength, macro sets the direction for now.
Boombastico 🐧 retweeted
ICYMI: 📊 Peter Schiff says the US midterms were “the final pin” before the air comes “gushing out” of the Bitcoin bubble, arguing investors focused on an AI bubble are ignoring a Bitcoin one.
ALT I'm sorry, I can't tell who this person is.
ALT A close-up of a gold Bitcoin coin, prominently displaying the Bitcoin symbol, set against a blurred background of other coins.
Boombastico 🐧 retweeted
🇺🇸 ELIZABETH WARREN SAYS ON NATIONAL TV THAT #BITCOIN AND CRYPTO WILL “BLOW UP OUR ENTIRE ECONOMY”
SHE IS NOW SET TO BECOME THE NEW SENATE BANKING CHAIR
SHE HAS ACCUSED OUR INDUSTRY OF PROMOTING “DRUG TRAFFICKERS AND TERRORISTS”
SHE SAYS BTC IS WORTHLESS AND GOING TO $0
SHE COULD SOON HOLD ONE OF THE HIGHEST FINANCIAL OFFICES IN AMERICA
THIS CAN'T HAPPEN ‼️
Boombastico 🐧 retweeted
🚨 ORACLE'S AI EMPIRE IS FACING A MASSIVE FINANCIAL CRISIS.
Microsoft is pulling back from its AI computing deal with Oracle, citing outdated Nvidia chips.
This comes as Oracle is already carrying over $125 BILLION in borrowings, $260 BILLION in data center lease commitments and billions in negative free cash flow.
And the problems are growing.
• Oracle's stock has crashed more than 68% from its September 2025 peak.
• The company raised $43 BILLION through debt financing during fiscal 2026.
• It has also issued a force majeure notice tied to the Stargate data center project in New Mexico.
• Meanwhile, Microsoft's infrastructure partner IREN has delayed deliveries after Microsoft requested changes to its network design.
Oracle is spending enormous amounts of money building AI infrastructure based on expectations of massive future demand.
But Microsoft is already moving away from some of its older computing capacity, showing how quickly expensive AI hardware can lose its value.
And with investors increasingly questioning whether AI companies can justify their spending, Oracle is facing pressure from both customers and financial markets.
If more customers start cancelling or renegotiating contracts, Oracle could be left with billions in debt and expensive data centers that aren't generating the revenue it expected.
Boombastico 🐧 retweeted
Imo, the medium time frame AI bubble burst. Excess leverage (at the equity market level) is gone. This is now a “fair” entry in a trading sense, no longer super obviously crowded.
But…bubbles tend to overshoot when they burst. Could see another 20% -35% decline in AI names as the “blood on the streets.”
This is all in a medium time frame context <3 years.). Zooming out, AI isn’t a bubble holistically. Comparing this to 1999 tech bubble for example, we’d need AI to rally something like 5x from its high with the same fundamentals to create the same kind of extreme high time frame bubble.
Worth noting there’s still tons of excess leverage in the AI debt markets that could create crisis. Rumors floating of an Anthropic nationalization as a potential necessity in a year for example, to avoid full on bankruptcy.
I bought my first AI stock a few days ago in small size. Still working on my analysis, conviction, timing.
Thursday, November 5th, was a day of extremes:
•US long/short Hedge Fund net leverage declined by 5% day over day, the 5th largest single-day decline since 2010. Net leverage is now in the bottom decile since 2010.^
•Long/short fund active gross flow since June has amounted to a -10.7% reduction relative to their gross market value at the end of June, the most in at least 10 years.^
•Hedge Funds are now underweight AI stocks* relative to market cap weights, but AI is still a very large percent of absolute exposures at 32%.^
•Levered ETFs had the largest amount to sell on data going back to 2007, bringing $57bn of US equity supply.
•Retail selling of US equities in the first 90 minutes, based on MS QDS estimates using public data, was the second largest going back to 2016.
•Equities are now starting to trade in a more correlated fashion, often signaling that risk reduction is broadening out.
^Sourced from MS Prime Brokerage.
*AI stocks defined as the constituents of the MSXXAI Index, made up of AI tech beneficiaries, AI power names, and key hyperscalers
Boombastico 🐧 retweeted
NEW: @zachxbt SAYS HE TRIED CALLING OUT @blknoiz06 "NUMEROUS TIMES"
SAYS HE'S BUSY WITH THE FRENCH BANK HEIST, NORTH KOREA AND THE COM INSTEAD
Boombastico 🐧 retweeted
Hi because you get rinsed by the same KOL grifters who have done it for years and never learn.
I tried calling out Ansem numerous times in the past for promoting micro cap and celeb tokens but gamblers brought him credibility and exit liquidity yet again this cycle.
So why should I care at all?
I am busy with recent incidents like the French bank heist, DPRK, or The Com where my work actually brings measurable impact rather than engagement from calling out known bad actors and saying the obvious.
Boombastico 🐧 retweeted
I think all of this stuff is actually very simple tbh.
You act as a billboard for these coins by retweeting, interacting or hosting spaces etc with the celebrity. Then the coins rug and the celeb or Sahil or whoever makes money.
Their plan is obvious: make the coin go up by getting attention to it via you (as you have written and acknowledged, attention is very valuable). Your followers will gamble on stuff that you have mentioned in a hope you’ll mention it again, or that they’ll hit an Iggy-style multiple. And that injection of $ makes it possible for celeb to make 100k or whatever and leave.
And, you have been a proponent of select celebrity coins, which endorses a “meta” even without direct endorsement of some coins — since there is no explainable framework where Iggy’s coin is good but Soulja Boy’s is bad. The only difference is how long they are waiting to sell.
The answer for you is simple: completely stop interacting with these people in public until you have evidence of good faith — which is likely them taking significant financial risk (eg buying a lot of something) rather than taking zero financial risk (eg only selling something).
If you have a large account and a bunch of followers that ape a lot of stuff, unfortunately extractive actors will try to groom you or use you for their own personal gain.
It sucks actually, and it’s almost impossible to entirely defend against without becoming a jaded recluse. But celebrities are at least very easy to avoid.
If they want to “get into crypto” then they should put $ where their mouth is and buy coins like the rest of us do. That’s what being in crypto is. If they don’t want to do that, ask yourself, why would these celebrities want to suddenly be your friend?
Boombastico 🐧 retweeted
🚨 THIS IS BIGGER THAN MOST PEOPLE REALIZE.
@NEARProtocol just demonstrated why NEAR Intents matters beyond simple cross-chain swaps.
More than 500 MILLION quotes from wallets linked to the Binance hackers were reportedly rejected.
Think about that.
Security isn’t just about processing transactions. It’s also about knowing when NOT to process them.
This is exactly the kind of infrastructure that makes NEAR Intents increasingly important for the future of cross-chain finance.
Real-world utility. Real-world security. $NEAR. 🔥
🚨NEAR INTENTS BLOCKED 500M+ QUOTES FROM BINANCE HACKERS!
@AlexAuroraDev of @near_intents said the protocol has refused to process more than 500 million quotes from the Binance hackers since the incident.
Boombastico 🐧 retweeted
NEAR.com is now the most liquid venue to buy and sell PEARL spot.
Non-custodial, listed permissionlessly, tradeable in just a few clicks.
I love this because it's the exact same strategy that challenger exchanges use. Binance used to list everything first, then Bybit and Bitget, then Hyperliquid. Now NEAR.
(Dragonfly is invested in both PEARL and NEAR)
Boombastico 🐧 retweeted
2017 had around 1,300 listed coins.
2021 had roughly 7,500.
By 2026, over 90 MILLION tokens had been created. Most of them are already dead or worthless.
And people are STILL waiting for some magical 2021-style altseason where every random shitcoin pumps.
I’m telling you, that’s never happening again.
