“A river cuts through rock not because of its power, but its persistence.”

It's easier to fool people than to convince them they've been fooled.
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dotoshy retweeted
Replying to @Thedumbgreek
@BritishHodl is a charlatan
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He's talking to you @BritishHodl
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This needs visibility
Replying to @cobie @kunoo @coinbase
Coinbase “lost” $25m of my firm’s a couple years ago. Turned out they were actually covering up massive and repeated hacks. Still wouldn’t return our money. We traced this to at least a dozen other affected firms and over $1b covered up. That’s all I can say for now as multiple legal processes still ongoing.
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i watch and host hundreds of talks a year. That was slop that crescendoed to promoting his own conf + his own bitcoin yield fund. Product aside, that's rude at best + a fck you to the conf he was invited to. Most bitcoin events would not invite him back.
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Oh?
OPENAI AGENTS ATTEMPTED TO BREACH MORE WEBSITES OpenAI-linked AI agents reportedly attempted to break into university and government websites while searching for public data during training and benchmark tasks. Targets included sites in the U.S. and Australia. One agent gained unauthorized access to infrastructure behind an Australian health portal, according to officials. OpenAI said the agents took unintended actions and that it is conducting a broader review of the incidents.
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RT @TruthGundlach: The dilemma: If the Fed hikes it will worsen the interest expense problem (since so much borrowing is at the short end)…
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RT @TruthGundlach: The Fed did the micro hike one week ago and UST long rates fell….at first. Now they are at the high of the year and v…
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dotoshy retweeted
Today's action has narrowed the spot/VX gap, but it is still 90th percentile of historical range. The move in the futures is relatively muted compared with the pop in spot.
Either the spot VIX is too low, or the futures need to steepen / the spread needs to shrink.
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dotoshy retweeted
Once foreign demand for US debt dries up. 30Y yields climb. Mortgage rates follow. Then Congress unveils the 50Y bond. Extend and pretend.
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4 months later..
When the world stops needing dollars, they stop buying our debt. We’re early in that process. Early.
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Either the spot VIX is too low, or the futures need to steepen / the spread needs to shrink.
The relationship of spot VIX to the futures needs to change. But who knows how or when that will happen? Certainly not me. 😉😉 vixology.substack.com/p/who-…
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Interesting
Replying to @djsenior13
No, as I've said many times, I'll be DCA-ing out of SHA-256 Bitcoin over the next few years. Have you dumped all of your Blake2B Bitcoin?
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Crank's -$16.8K ZEC short 'loss' claims an exit fill at $1,639.82 at 21:06:28. Real ZECUSDT price at that exact second? ~$1,602. Off by $37 / 2.3%, and that price never even traded in the surrounding window. This isn't a real position it's a fabricated marketing card.
“Crank is always on the right side of the trade.” Well, not today. I shorted ZEC. The setup was there, then out of nowhere came a GOD CANDLE. BOOM. Blew me out of the water. −$16,857.36. Half the week’s profits gone. You see me post the wins. You’re going to see the losses too. That’s REAL day trading.
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Also that position is ~2% of Zoomex's entire ZEC open interest ($14.45M). No real trader runs a position that dominant on a single small cap perp book. Crank fakes all of his trades.
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Such a terrible take.
The fact that people still care about 25 basis points is evidence that they don’t yet appreciate the depth of the fiscal dominance we are in. Anyway, have a nice weekend.
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dotoshy retweeted
Well would you look at that..
BOJ hiking. The US won’t be far behind.
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:)
The labor market just told the Fed to put down the rate cut narrative and pick up the hiking hammer.
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Essentially all you’d hear on this app.
He wont hike into election crowd in shambles.
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