The Perma-Bear, who often goes long. Follow for important marketwide RTs, active news, charts, and some trolling. RTs not endorsements.
Joined March 2016
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π CEO of Deep-AF Capital retweeted
π¨ $MSTR earnings. Few initialπs
1) Operating loss even backing out impairment charges
2) $COIN is fronting cash for bit Bitcoin buys
3) >$2.2B in long-term debt obligations creeping up. Plan to dump shares & bitcoin to cover it.
4) They're bleeding cash, dumping shares
π CEO of Deep-AF Capital retweeted
SEC Chair @GaryGensler says crypto firms offering any kind of yield-earning program should βtake noteβ of Kraken's move to shutter its staking service in the U.S. and work to become compliant.
@iamsandali reports
trib.al/R5dZk7X
π CEO of Deep-AF Capital retweeted
Global Central Bank Update:
-Mexico hiked rates for the 14th time, 50 bps increase to a record 11.00%.
π CEO of Deep-AF Capital retweeted
Ethereum is now Proof-of-Stake, but lacking on-chain governance it is now much MORE likely for contentious hard-forks to succeed (splitting the chain/network/assets) as now there is virtually no added cost for validators to validate multiple Ethereum forks simultaneously. #Tezos
π CEO of Deep-AF Capital retweeted
1/4) BTC has to double in value every four years for the next century or sustain extremely high fees
Just to maintain the current level of security
Such growth is impossible since it would exceed global GDP in 33 years based on current price
Therefore; BTC security is doomed!
π CEO of Deep-AF Capital retweeted
Is this the end of the debt supercycle or will a vicious recession restore the bull market in sovereign debt?
π CEO of Deep-AF Capital retweeted
I've also grappled with reconciling this dichotomy. It helped me to realize that this is how it always is, with every new frontier. Extreme characters ill-suited to normal society are the first to stake their claim, then honest pioneer families: citadel21.com/bitcoin-and-thβ¦
π CEO of Deep-AF Capital retweeted
This has now been confirmed by a bullish cross from hash ribbons.
Miners have stopped selling and are now plugging in machines at a sufficient rate to declare this period of miner capitulation over.
π CEO of Deep-AF Capital retweeted
The dollar is undoing the Fed's tightening campaign which could lead to more rate hikes down the road if inflation stays too high
π CEO of Deep-AF Capital retweeted
The bond market is always EARLY to the party
The Fed is always LATE to the party
$WAVES altcoin gone full retard.
