@0xbasement | @CricketFutures_ | @NeoTokyoCode tokenomics designer | web3 gaming enthusiast
Joined April 2014
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My in the moment recap of this:
I was correct that $3,670 was resistance.
I was incorrect in thinking we'd so easily get past that resistance.
I was correct in the $3,200-$3,300 support area but was incorrect in thinking it'd be as much support as it was. We cut through it pretty fast to go below to the next support area.
Lesson: Be less sure of the next support/resistance and monitor reactions at those levels.
Also FIL getting only one scam pump hurts my soul.
Just joined Sport.Fun! 🏈 Connect your fantasy account and unlock exclusive rewards. Join me: connect.americanfootball.fun…
I'm very concerned with the stablecoin farming narrative being a ponzi. But. Rather than researching I've done this.
Anyone who is upset with @opensea chest results is either purely engagement farming or exceptionally bad at math.
Most know that the almost guaranteed -50% is a buy of $SEA for what is hopefully going to be a 5-10x.
If for example $SEA opens at -
1-2B and the farmers get ~5% airdrop - it should be a cook.
The hope is that OpenSea sees the playbook that has been proven by hype.
Got a $40 NFT from a 8k @opensea chest. Fun times. I did get about 3k in tokens too.
I unlocked solar chest on @opensea - mostly farmed collections up to ruby level, then paid the ~$8,000 to get to Solar.
Fully expect to lose 75% of the farming fees since just paying the fees is auto -50% EV from rewards.
Thesis is that if airdrop is meaningful to farming (~5% of supply) then solar should get around $20k in that based on current metrics with around 1B market cap.
If MC is lower or the % going to farming season is lower, then 90%+ of the Solar chest people gonna lose.
I've paid almost $40,000 in Opensea fees over the last five or so years, so I'm hopeful I'll get some $SEA from that as well.
People crying over a $4M hyper vault rug when people didn’t care about @raidparty rugging 50M.
What the hell is this timeline.
All of a sudden it’s mass hysteria about dozens of airdrops and a banking revolution.
Just used my new @coinbase credit card’s first transaction for a pizza.
Feels appropriate.
I waited to post my thoughts on this weeks’ craziness but I can stay silent no longer…
I know it’s divisive and difficult to understand…
But I think Breach has some really good songs. Downstairs, Robot Voices, and the video for City Walls are very good additions to the Twentyone Pilots catalog. @twentyonepilots
Coin Counter retweeted
1/13 Today is the day! All my $WAAC tokens have UNLOCKED after a year. Here's what is going on with all the tokens.
HOLY HECK! A THREAD! 🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵🧵
I find it interesting that we are at a point in history where if you'd have simply purchased any major crypto (BTC, ETH, SOL, etc) in the last ten years and set some price targets (ex. $20k, $50k, $100k, $300k btc) and sold along the way, you'd have done very well. You'd also probably still have a decent portfolio.
Would have done even better sitting the port in an AAVE type interest earner.
If it all goes to 0 you'd probably also have beaten the trad fi markets with that strategy.
I wonder if I'll say the same thing ten years from now.