bitmisfit

@bitmisfit

490 Following

156 Followers

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This trend likely extends beyond online poker to any online activity (eg online mmporgs) that generates value from time, especially in ecosystems where value can be extracted out. To prevent this, someone needs to solve real time proof of humanity detection. https://x.com/chamath/status/1827755823403073785

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Personalized video games and movies are on the horizon. With generative machine learning models able to predict each frame faster than humans, all we need to do is choose the adventure or story we want to experience as the prompt input. https://x.com/rowancheung/status/1829025468957303057

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It could be a positive sign for the crypto industry that Kamala Harris now supports building the southern US border wall. Fingers crossed that she may also push to fire Gary Gensler and advocate for a Bitcoin reserve.

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If Kamala wins the presidency would she have to change her username from @VP to @PP on Twitter/X?

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The fear surrounding mpox is overblown. Unlike COVID, which is primarily airborne transmitted, mpox spreads mainly through direct contact. Comparing the first two years of data for both diseases clearly highlights the difference in transmission rates and case numbers.

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Until crypto games can reach parity with existing traditional games, they are all short lived vaporware wrapped in the guise of the blockchain, transparency, and ownership buzzwords. https://x.com/RoGameNews/status/1824840316874363201

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Interesting reversal in favor of Trump in the presidential prediction markets. Let’s see if the trend continues.

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Stablecoins are printing and you are still bearish anon? https://x.com/sistineresearch/status/1824496083528986626

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Many people are saying it might be time for NFTs to shine, but my take is that NFTs won't make a big comeback anytime soon without a major positive catalyst or a real use case. Or, we reach levels of froth at the end of the cycle where people will rotate their profits into them.

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This is why crypto market participants are more interested in memecoins now more than ever over "utility" tokens. The unethical fraud and greed in the leadership of some of these companies is undeniable. https://x.com/CoinDesk/status/1824067033350258815

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The rare Goldilocks pokemon has been sighted, thanks to the strong retail sales and jobless claim numbers reported today.

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I thought I was living in an alternate universe when I saw this just today:

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If you are a believer of blockchain technologies and haven't tried using any AI related tools then you will end up cooked just like the traditional finance industry you often ridicule.

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Traditional media will soon be irrelevant. People care about getting news in real time and without the bias of news organizations. At the core, people value data quality and speed. Farcaster and X excels at both, while traditional media fails miserably at them.

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My hypothesis is the markets anticipated something would eventually break due to high interest rates but didn't know how to react to the first notable report, leading to an overreaction. Within a day, we've seen a 45% increase in the VIX, the largest increase since the 43% spike during the COVID-19 pandemic. Once the market fully digests this they will understand rate cuts will now definitely happen in September. The most important thing is the uncertainty of the rate cuts is now assured and this is bullish.

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Allow flesh wounds, not mortal wounds.

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Why is the market dumping? It's interesting to note recently there has been a pattern of a market dump near the end of the month. Is this market manipulation? What do you think?

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Ethereum vs Bitcoin ETFs: First 7 Days • Ethereum had 31% of Bitcoin's trading volumes. • Ethereum experienced net outflows of $483 million, whereas Bitcoin had net inflows of $1.12 billion.

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We won't get a rate cut today but we have a ~87% chance of a single rate cut in the next FOMC meeting in September.

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What is pump.fun? This is a memecoin token launchpad on Solana with a UI based on 4Chan, allowing users to launch tokens for ~0.2 $SOL (~$4). It offers advantages such as preventing token sniping and mitigating risks associated with rug pulls. 🧵👇

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