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bitmisfit

@bitmisfit

490 Following
264 Followers
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bitmisfit
@bitmisfit
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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@bitmisfit
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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@bitmisfit
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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@bitmisfit
If Kamala wins the presidency would she have to change her username from @VP to @PP on Twitter/X?
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@bitmisfit
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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bitmisfit
@bitmisfit
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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bitmisfit
@bitmisfit
Interesting reversal in favor of Trump in the presidential prediction markets. Let’s see if the trend continues.
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@bitmisfit
Stablecoins are printing and you are still bearish anon? https://x.com/sistineresearch/status/1824496083528986626
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bitmisfit
@bitmisfit
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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bitmisfit
@bitmisfit
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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@bitmisfit
The rare Goldilocks pokemon has been sighted, thanks to the strong retail sales and jobless claim numbers reported today.
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@bitmisfit
I thought I was living in an alternate universe when I saw this just today:
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@bitmisfit
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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@bitmisfit
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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@bitmisfit
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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@bitmisfit
Allow flesh wounds, not mortal wounds.
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@bitmisfit
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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bitmisfit
@bitmisfit
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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@bitmisfit
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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@bitmisfit
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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