Dylan LeClair 🟠
@DylanLeClair_
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Joined August 2013
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Prime Minister of Italy, Giorgia Meloni.
Straight. Fire.
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The 29-yr old co-founder of MakerDAO, Nikolai Muchgian has been found dead in in San Juan
#PuertoRico
, just three days after tweeting the following from his personal twitter account.
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Every day SBF is not behind bars, it becomes increasingly clear he served as an asset for the the intelligence establishment, used to severely stain public perception & impose overreaching regulations.
The meteoric ascension. The political connections. The anti PoW stance. Fed.
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Young lady completely exposes the fractional reserve banking system.
🔥🔥🔥
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Today I learned that the average net worth of a 30 year old in the U.S. is -$1,043.
Nearly inconceivable.
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Is anyone else getting weird vibes from CZ right now? It’s like he’s running the SBF summer playbook:
Public projection of strength and talks of “industry bail outs” while attempting to raise funds.
I’m not claiming anything, but the similarities are… odd.
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Ask yourself how Nexo is paying 10% on stablecoins while DeFi yields are 1% and short duration US Treasuries are 4.5%.
Meanwhile, every counterparty in the crypto space has blown up…
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$BTC at 35k
How did we get here and what possibly comes next?
A thread on macro, bitcoin on-chain and derivatives 👇👇
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Medical science experts from Harvard, Johns Hopkins, and Stanford testifying before Congress:
“The greatest perpetrator of misinformation during the pandemic has been the U.S. government.”
The awakening. Good morning.
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I’m gonna be honest I have no idea how
@100trillionUSD
did this but it’s some absolute wizardry (so far).
Unreal.
Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down.
There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K
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Why couldn’t multi-billion dollar firm
@chainalysis
identify that FTX user deposits were being commingled with Alameda trading wallets while randoms on Twitter could?
What exactly is the point of your service again?
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What if CZ just wanted SBF to admit FTX was insolvent and then he backs out of the deal...
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The time it took $BTC to double after previous breaks of ATHs:
Dec 2020: 18 days
March 2017: 84 days
Nov 2013: 10 days
March 2013: 18 days
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Tell me you understand absolutely nothing about bitcoin in 60 seconds
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What the hell is going on?
Why is the mainstream media championing fraud?
‘Queen Caroline’: The Risk-Loving 29-Year-Old Embroiled In The FTX Collapse by
@SarahNEmerson
@richardjnieva
@DelRayMan
@DavidJeans2
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I will learn Python in 2023.
Posting here to hold myself accountable 🤝
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The bad news: The entire crypto complex is unwinding in a matter of days
The good news: The entire crypto complex is unwinding in a matter of days
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Woah, credit default swaps for Credit Suisse going absolutely vertical.
Insurance against the default of the $14b bank are approaching levels not seen since the Great Financial Crises.
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LMFAO the World Economic Forum is listed as one of the Celsius creditors 🤣🤣🤣🤣
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Why did China 🇨🇳 only have to ban Facebook and Google once, but has to continue to "ban"
#Bitcoin
over and over again?
There might be a lesson there…
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So SBF starts parading a few months before FTX goes bust about the need to regulate DeFi front ends, and cannot even articulate why.
Spook.
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Well off the top of my head,
- Russian collusion
- Epstein killed himself
- Wuhan lab leak
- Hunter Biden’s laptop
- Vax prevents COVID
- Vax prevents transmission
- Ivermectin is horse dewormer
- Men can get pregnant (lol)
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General $BTC market outlook update:
Supply distribution has started. Here's what I'm looking at and how it compares to previous cycles, and what might come next:
First off, the biggest story is obviously the ETFs. $IBIT has been the most succesful ETF launch in history by a…
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PRESIDENT BIDEN WILL PROPOSE A CAPITAL GAINS TAX AS HIGH AS 43.4% FOR THE WEALTHY.
Solution: Buy BTC, never sell for fiat. Strategically collateralize a small amount of BTC for USD loans, & invest/spend debasing fiat as your collateral appreciates in value.
Never pay taxes.
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My friend who works on Wall Street told me he trimmed his bitcoin position today to go risk off.
I responded by telling him I bought more bitcoin today to go risk off.
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“Bitcoin has a security budget problem, fees aren’t sufficient, it need tail emissions”
“Bitcoin has a throughput problem, fees are too high, it needs bigger blocks”
Your inherent desire for human intervention at every turn is exactly what bitcoin solved, please just shut up.
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Don't mean to be the bearer of bad news here, but if it isn't clear already, if you still have funds on FTX, they're gone. You're an unsecured creditor.
The probable outcome is Chapter 11 & a class action lawsuit that draws out for years, where you get $0.10-$0.30 on the dollar.
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They’re going to attempt to limit/block the exit ramps to bitcoin exchanges as the banking system gets run.
It’s starting.
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Why the $BTC pullback from 68k?
There was a massive increase in BTC margined futures open interest this afternoon (traders going long BTC with BTC as collateral).
No free lunch - these traders are in the process of being shaken out.
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Just got off the phone with Satoshi. Bitcoin has no exposure to Silicon Valley Bank.
All funds are safe.
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Largest amount of $BTC short liquidations since July 2021 🔥🔥🔥
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The current state of the (unofficial) FTX bankruptcy proceedings.
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The smartest hedge fund manager I know is getting outperformed on every timeframe that exists by my dumbest friend that just apes into bitcoin with every paycheck.
Lesson in there.
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#Bitcoin
is trading at $48,000 and throughout its entire history, there has only been one other time that the percentage of supply that hadn't moved in over a year was at this level; September 2020.
Absolutely incredible.
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"I don't feel the pain of inflation anymore. I see prices rising but I have enough... I sometimes balk at the price of things, but I don't find myself in a space where I have to make tradeoffs because I have enough, and many Americans have enough." - SF Fed President Mary Daly
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The Federal Reserve system has 2,500 full time employees, 400 of whom are PhDs in economics/finance, and every single one of them was wrong about inflation.
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Guys, if you still have bitcoin on exchanges at this point I don’t know what to tell you.
Withdraw.
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A case study of propaganda in a technocratic oligarchy.
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"If only I bought bitcoin in 2011, I would be so rich."
No, you likely wouldn't be. You would've probably sold early because you were scared, just like you probably are today.
Holding through multiple 80% corrections takes an insane level of conviction and mental fortitude.
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65k yesterday: WE ARE SO BACK
65k now: it’s literally so over
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This no counterparty-risk magic internet money thing is starting to make a little more sense now, isn’t it?
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“With legal tender, they scam you with the inflationary tax…
#Bitcoin
is the natural reaction against central bank scammers; to make money private again.” - Javier Milei, President of Argentina 🇦🇷🇦🇷
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Fun fact,
If you started daily dollar cost averaging
#bitcoin
at the $69,000 all time high, your ROI is +0.21% despite the current drawdown of -34%.
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All Roger Ver had to do was legitimately nothing, and he’d be set for 100,000 lifetimes.
Fast forward five years and he’s defaulting on a margin account after going bust on a leveraged position on a dead fork chain.
Unreal.
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“The government could just ban bitcoin”
They can’t even ban XRP lmaooooo
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The FTX exploiter, who has been dumping all other drained assets for ETH, is now one of the largest holders in the world, with 228,523 ETH ($284.82m) currently in their wallet.
Everyone should keep an extremely close eye on what happens next...
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In all fairness your honor my client was in goblin mode
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WOW
Per CoinDesk, Alameda research has $14.6 billion of assets, against $8b of liabilities.
For assets: $3.66b FTT, $2.16b “FTT collateral”, $3.37b crypto ($292m SOL, $863m “locked SOL”), $134m USD & $2b “equity securities.
Most net equity tied in completely illiquid altcoins.
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Okay hear me out, the $BTC order book is so illiquid that if we all dig through our couch cushions and punt our spare change we can send to $1,000,000 in one candle.
Who’s with me?
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Largest 24h flow of $BTC out of Binance ever:
-39,637 BTC
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In a world of lies and deceit, speak truth to power.
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Commodities are telling you a recession is coming.
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Why did China 🇨🇳 only have to ban Facebook and Google once, but has to continue to "ban"
#Bitcoin
again seemingly every year?
🤔🤔
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Do not buy Worldcoin.
Do not visit the Orb.
Do not scan your iris.
These people are frauds.
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five minutes into thanksgiving dinner and uncle jim has remortgaged the house to buy bitcoin
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How to get rich:
•Personal Balance sheet•
-Assets- | -Liabilities-
|
|
₿ ₿ ₿ ₿ ₿ | $$$$$
|
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Remember when
@michael_saylor
was getting clowned for borrowing $500 million at 6% to buy
#Bitcoin
at 37k?
Michael, please send your condolences to all of the bears.
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In a serious society, anyone that had visited Epstein’s island would have absolutely zero moral authority or public credibility, and instead would be shunned from society all together.
Instead, the media turns a blind eye and pretends these people aren’t confirmed pedophiles.
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