Pillage Capital
@PillageCapital
Followers
8K
Following
64
Media
99
Statuses
772
This is not investment advice. Do your own due diligence.
Joined March 2018
All money is collective delusion. Crypto just turned it up a notch. But when the world gets tense, no one wants to be the last believer.
3
1
19
Also think it's very bad that coins wicked down as far as they did. If you posted a short thesis on Dot yesterday calling for 60 cent prices, everyone would ignore you. But now, that doesn't sound so unreasonable.
1
0
3
Ethereum at $3900 is way too high in a dangerous geopolitical climate. Some chance bitcoin follows gold up, but base case is all these billions that just went into ETFs come right back out.
3
0
4
Kept the NQ short on at 100% of AUM. Think we see more selling next week, won't be surprised to see -10% from the top by next friday. Market was severely underpricing geopolitical risks and still is.
1
0
1
Managed to get out of the crypto shorts and buy big during the nuke, then sold it all to flat over the last couple hours. No easy task to get out with zero market maker liquidity.
1
0
7
Feels like the kind of call you don’t top. A 75% alt nuke the day after putting on huge short positions
shorted gold, nasdaq, and some crypto
3
2
43
Our tweeted rotations lately have been comically bad, although directionally sound. Think it has to do with not adjusting properly to a new regime and looking at <5m charts.
Sold Ethereum $3030. Bought bitcoin $122,290
2
0
7
Thought about posting a moon landing video in the company slack, which usually marks the top. Not euphoric enough though. We're still in the heavy metal music phase of a bull. Moon is close though.
2
0
8
Seems like lunacy for the market to try to bid this when we just went from 50% to near 100% odds that Iranian missiles will be flying at US bases soon, but that's why we dug up the research. The Gulf War is a reminder that it's possible stocks go up on Monday.
0
0
4
Bitcoin behaving like it's a "bullish bombing" setup as USA bombs Iran
Some macro conditions cause a "bullish bombing" setup that results in a big upward market move - Here's a walk through the market reaction to the 1990 surprise Iraqi invasion of Kuwait and Allied counter-attack
3
1
14
We spent the day bagging up on Worldcoin just under the current price of $1.09
0
0
2
Some guys don't like Worldcoin because “the inflation is too high”, but even if the entire supply of 10b coins unlocked today, it's a great valuation.
1
0
1
Worldcoin near $1 is a great deal. The problems it solves are important, the team knows how to execute, the app is slick, and they get a lot of press
2
0
5
Here’s the paper by Miran, the lead guy on Trump’s econ council: https://t.co/OmrwhsLBTy
0
0
7
Other points: Potential China deal -- As an alternative, Miran proposes the Trump Administration could trade tariff relief for major industrial investments from China and others in the U.S. However, due to China's history of breaking trade commitments, Miran advises securing
1
0
3
Retaliation “Retaliatory tariffs by other nations can nullify the welfare benefits of tariffs for the U.S. Thus, preventing retaliation will be of great importance.” “The United States can withstand tit-for-tat escalation more easily than other nations and is likelier to win a
1
0
3