Deathcab Capital
@deathcab
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Evil speculator. Austrian economist. Cycle theorist. Market trends and analysis. Bitcoin Ex Machina.
Paper St.
Joined March 2014
The best FUD is the kind that’s too complex to be proven or disproven.
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It's not a knee-jerk reaction, it's a realization that tech companies chronically overpromise and under-deliver. That doesn't mean we should stop forward-looking development and be prepared for potential future threats. It does mean that progress should not be driven by
I don’t understand the knee-jerk reaction from some to act like this quantum stuff is a nothing-burger. It’s weird. Even if you think the odds of anything relevant happening with quantum computing in the next 5-10 years is <5% — it’s still worth planning an actual response??
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Weird how the truth always comes out at the end of their reign.
JUST IN: 🇺🇸 Fed Chair Jerome Powell warns US national debt is growing "substantially" faster than the economy and says it's not sustainable. "It will not end well if we don't do something fairly soon."
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Fannie Mae in utter collapse, and Bill Ackman trying to sell retail the corpse to save himself is such a microcosm of markets these days.
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Cannot emphasize how common it is for mainstream players to dump their bags on you.
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The 20-year average private credit return is around 10% a year. STRC returns 11.5%. No volatility, no lockups, no minimums. This paradigm will bring billions to bitcoin.
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People say technical analysis is astrology but I can look at an SPX chart and tell you when the war with Iran will end.
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By all accounts Bitcoin looks like it's breaking down out of a second bear flag for another leg lower... I've got a strong feeling this is a fake out move though. One last hurrah for the bears before we finalize a bottom.
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If your feed wasn’t telling you Zcash was a scam, you need to get a new feed.
Zcash was the biggest coordinated exit pump of this cycle and nobody is calling it what it was. - Delisted from Binance, OKX, Kraken and 20+ exchanges in 2023-2024 for “compliance” - Price bled to $30. Everyone declared it dead - Then suddenly every influencer on CT started
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Is anyone else seeing the pattern here? The "new amazing AI thing with zero profitability or use cases" is dead. Long live the "new amazing AI thing with zero profitability or use cases. Didn't we just do this with 100k useless crypto coins?
We’re saying goodbye to the Sora app. To everyone who created with Sora, shared it, and built community around it: thank you. What you made with Sora mattered, and we know this news is disappointing. We’ll share more soon, including timelines for the app and API and details on
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$30tn gold market trading like a shitcoin.. I thought bitcoin “isn’t a store of value” because “it’s too volatile.”
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I don't know what it's going to take for the world to ditch this debt-fueled "immediate results" speculative fervor, and return to a real growth, real wealth & savings mentality that's actually sustainable... But I know Bitcoin will be at the center when it happens.
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Meta lit $80bn on fire for the Web3 / Metaverse fad. Now they're spending $200bn on AI infrastructure and development. As if we needed more proof that AI is a bubble. Facebook hasn't innovated since Facebook.
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Zuck could have $80bn worth of bitcoin right now. Instead he got scammed by the crypto web3 hype. If he didn’t own the company he’d be out on his ass.
JUST IN: Meta announces they'll be shutting down the Metaverse, after pouring $80,000,000,000.00 into the project.
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LOL at all the people who thought they could buy STRC for a day just to cash the dividend. Market don't play that game homie.
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But we need to tax the billionaires because they're not paying their fair share...
AP- Pentagon tells Congress the first week of the Iran war cost the US $11.3 billion.
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