When the markets gets hard, I get harder - stocks, defi, ai
Joined January 2013
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Down $93k on $MSTR today, but still up $1.4 million on the overall position
When in doubt, zoom out 📈
Just when I thought Snatch was done, he continues to cook his next course 🔥
The worlds were never empty.
INKhabitants: 1,000 animated PFPs, each set in a living INKverse.
Airdropping straight to INKverse holder wallets.
Sometime in the next 7 days, at a random time.
Watch your wallet. Only on @inkonchain
No mint. No claim. Nothing to sign.
Respect to Nico for embracing FSD despite his F1 background
Nico Rosberg, F1 World Champion & founder of Rosberg Ventures, has been testing Cybertruck with FSD(S) around San Francisco, and says "it’s been LIFE-CHANGING!"
"My whole racing career, I was the one in control behind the wheel. But I’m now fully willing to hand over control"
@NicoRosberg @elonmusk
So many big announcements today
@nadoHQ Prime
@HyperliquidX NYSE
Feels good that my highest conviction ecosystems are killing it
Congrats to the @nadoHQ team, you guys should be proud
Elon exposing how badly financed the neoclouds are during the late phase AI buildout and folks are upset?
The writing was always on the wall if you understood how they were structured, but most people never had the financial literacy to understand and Elon had to spell it out
Demand doesn’t determine what phase of the AI build out we’re in, access to money does
When you can no longer access money through traditional means, you can no longer continue to buildout at the sane velocity despite how much demand there is for chips
$crwv is cooked
In case you're confused about what's going on with Elon Musk tanking the neoclouds, here's the timeline of everything that's happened
> Oct 13: Chamath posts a chart of $CRWV bonds yielding 15%. Musk replies one word. "Yikes"
> Oct 14: $CRWV falls 15.5% in one day. $NBIS -10%, $IREN -10%. Gartner warns the same day that 80% of neoclouds could disappear by 2030
> Oct 15: $CRWV credit default swaps hit a RECORD 1,100+ bps. The market is pricing a 60%+ chance they default within 5 years. Their 2031 bonds yield 16%
> Oct 16: the bonds fall under 80 cents. Distressed. $CRWV down another 12%. The stock lost about 25% that week
> Oct 19: Goldman upgrades $CRWV to Buy anyway. Stock does nothing
> Oct 22: $NBIS raises $3.5B from Citi. It matures in ONE year. That's the kind of money still available to these guys
> Oct 25: a clip of $NBIS's CEO from GTC Berlin goes around X. He admits debt markets and asset-backed financing have "temporarily dried up"
> Oct 25: Musk goes in. "200+ neoclouds are going to see guppy-level death and consolidation." Says debt markets are shut for anyone without real revenue outside AI data centers. Says SpaceX just closed $40B of debt to buy GPUs because they have Starlink and launch revenue
> Someone asks if he's tanking them so he can buy one cheap. Musk: "SpaceX is not buying any neoclouds. Pointless"
> Sunday night: $CRWV and $NBIS down another 2.3% overnight. $IREN -2%
$CRWV is down 38% in a month. $NBIS is down 33%
Also worth noting - SpaceX sells AI compute too. Anthropic's deals with SpaceXAI could be worth up to $84.5B through 2029. Musk is a competitor talking about his competition and might just be trying to starve his competitors with x
Feel bad for all the IQ folks that was bullish on $CRWV and didn’t understand the late phase financing that was happening
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but we’re investment grade and have Starlink & launch revenue.
That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.
Now that @ShaneStoffer has garnered the attention of the world with his stock options play on $MRNA
This would be a great time to seize the opportunity and get him onboarded to the @inkonchain ecosystem and have him trade spot and perp stocks on @nadoHQ @xStocksFi @krakenfx
These parasites really think they're onboarding retail, when in reality, they are off-boarding them
“crypto’s biggest issue has been swagless, auraless”
No.
The type of people that are attracted to “swag and aura” only care about themselves.
They care about extracting value from the people around them 1000x more than they do about creating it.
They are the exact reason why nobody wants to take this industry seriously.
They are a cancer to crypto.
They don’t deserve the platform or the praise they’ve been given.
The greatest flex you can have is being a decent human being.
Strive for humility.
Never financially support your heroes
Ansem literally had everything going for him.
A loyal community backing him day and night. Liquidity pouring into $ANSEM from other memes. A mechanism that had degens thinking they were buying a $400M coin when, in reality, it was closer to $80M at the top.
Every platform was bullposting it. Normies were defending him like their lives depended on it. The entire trenches were behind him.
And what did he do with all that momentum?
Instead of focusing on his own runner, he started pushing Pumpfun and random shitters.
He had everything handed to him and somehow managed to fumble it.
And here are the results.
