TheModestThief🎩 pfp

TheModestThief🎩

@thief

1968 Following
7197 Followers
TheModestThief🎩 pfp
TheModestThief🎩
@thief
lmao is this a milei reference
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Monteluna pfp
Monteluna
@monteluna
If you treat the entire crypto market as one balance sheet, it's kind of bizarre when any particular news event calls certain news "bearish" with a small dip. The reason is most of the liquidations convert to stablecoins, so value is being transfered from leverage traders to leverage suppliers. This is just a risk swap, but the overall balance sheet of crypto means the stablecoins have just changed hands. They weren't created or destroyed. The overall balance sheet does not expand or contract in these deleveraging events, so the overall crypto economy is stable. As long as stablecoin TVL keeps going up, this means were just *expanding* activity. The price can go down 50%, but as long as its just a value swap between people onchain, its actually not bearish at all. This is why I'm more interested in stablecoin metrics for protocols. Price is a meme, but expanding the balance sheet is a direct measurement of onchain activity.
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
panic! at the casino
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
there’s only a couple of “wtf? farcaster is still not dead?” remaining before pmf
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
I'm a Type 7 (The Enthusiast)! Check out your own Enneagram analysis by pressing the button below.
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
this is the most fed thing i've seen all year btw
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
design looks questionable but my sinus are killing me i'll let it slide
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
The flare ups have gotten (much) less frequent over the years. But I'm hit with such a bad one this week I was basically bed/sofa ridden for a few days. Not sure if it's bacteria, yeah I probably should get a netti pot. I suppose just buy a generic one + make your own saline solution?
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
Is there anything better than Breathe Right strips but not surgery? Have a crippling sinusitis issue.
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
is the postmortem out yet?
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
https://www.youtube.com/watch?v=JRnDYB28bL8
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
i really don’t know, I suppose they earn a shit load of revenue and if kept in the form of coins (i doubt they’re holding this much tho) or negotiate with the hacker. prices didn’t completely collapse which is the silver lining
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
thanks! was expecting the frame notifications to be directly accessible from the notification tab
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
i don't care about receiving notifications on "how i'm doing on the leaderboard" i don't care about receiving notifications on fararcade and i really don't care about receiving notifications from y'all whom i haven't been receiving notifications in a long time
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
in my opinion, market was showing signs of life (especially ETH), 2815 is somewhat an important resistance which we were grinding towards, despite getting rejected 3 days ago, indicating strength. that one red candle is all the (late?) longs getting trapped.
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
the timing of this fucking bybit hack man i swear to god
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
kent wang's hawaiian shirts costs 65 bucks and are made in hawaii, how do they even do that man
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
definitely bolts, unless they're miniature usain bolts
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
that is correct ser
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TheModestThief🎩 pfp
TheModestThief🎩
@thief
google, twitter, fc, discord in that order, but preferably passkeys
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