Meanwhile, you have people like Raoul Pal at Real Vision making reccos on LUNA before it imploded, and they had Celsius on their platform to push their wares too.
Just one big pump-and-dump. Makes you wonder how many deep pockets were just setting up the pins before the liquidation bowling ball made contact.
sheeeeeeeeesh what a day in legacy markets and crypto land ; everything is pulled forward in these hyperconnected digital markets of ours ; months worth of trading happen in one week now and so maybe well find us a bottom sooner than later, with or without a Celcius collapse... i would hate to have to wait until the energy sector violently corrects (like a sub 100$ crude would do it) before that happens, but maybe this is our fate after all.... apropos of an inflation peak / CPI "rollover" ----> that was a false alarm folks; there is no damn peak in sight, and there wont be one until crude crashes
have been feverishly shorting shitcoins all weekend, including "the mother asshole from which all shitcoins spring" 😂😂 ...thats ethereum for you web3 marks; best saifedean ammous quote ive heard ha ha
Appreciate the timely overview and significant value add over the past month in tracking/signposting some of these events. Reading a bit about Maker and their liquidation auctions. Per their docs, believe this would be a ‘flipper’ auction to the extent it plays out. Should we essentially assume that this would be ~17.9k BTC of immediate sell pressure? Is there an order book of bids - or is there a way to see what the bid picture may look like in this scenario?
Great rundown 👍
Meanwhile, you have people like Raoul Pal at Real Vision making reccos on LUNA before it imploded, and they had Celsius on their platform to push their wares too.
Just one big pump-and-dump. Makes you wonder how many deep pockets were just setting up the pins before the liquidation bowling ball made contact.
What an amount of bullshit
sheeeeeeeeesh what a day in legacy markets and crypto land ; everything is pulled forward in these hyperconnected digital markets of ours ; months worth of trading happen in one week now and so maybe well find us a bottom sooner than later, with or without a Celcius collapse... i would hate to have to wait until the energy sector violently corrects (like a sub 100$ crude would do it) before that happens, but maybe this is our fate after all.... apropos of an inflation peak / CPI "rollover" ----> that was a false alarm folks; there is no damn peak in sight, and there wont be one until crude crashes
anyway, keep up the good work gents
have been feverishly shorting shitcoins all weekend, including "the mother asshole from which all shitcoins spring" 😂😂 ...thats ethereum for you web3 marks; best saifedean ammous quote ive heard ha ha
Appreciate the timely overview and significant value add over the past month in tracking/signposting some of these events. Reading a bit about Maker and their liquidation auctions. Per their docs, believe this would be a ‘flipper’ auction to the extent it plays out. Should we essentially assume that this would be ~17.9k BTC of immediate sell pressure? Is there an order book of bids - or is there a way to see what the bid picture may look like in this scenario?