Forwarded from unfolded. DeFi
Solana appears to be down, last block produced about half hour ago — link
Crypto Mumbles
despite me talking bout sol eco and being in the weeds of it rn, i'm mostly following where the money is and making the most out of it i've talked about this in july, october, and i'll remind myself again solana has come a long way from going down every…
hmmmmm......
good to think about for the manlets ^
good to think about for the manlets ^
👍6😢2
sold all my DYM on Binance at $4.70
hoping to buy back lower
anyw the chain is pretty unusable from what i see rn so…
will buy back lower and lesser just to stake
hoping to buy back lower
anyw the chain is pretty unusable from what i see rn so…
will buy back lower and lesser just to stake
😁8🔥1😢1
Crypto Mumbles
https://x.com/mztacat/status/1745077321634054177?s=20
X (formerly Twitter)
Duo Nine ⚡ YCC (@DU09BTC) on X
🚨 Are Liquid Staking Tokens (LST) creating a ponzi?
▫️ I stake ETH and get stETH
▫️ I re-stake stETH and get lpETH
▫️ I re-stake lpETH and get xxETH
▫️ ...infinity...
stETH lost its peg vs ETH in the past!
This will turn into a giant crash one…
▫️ I stake ETH and get stETH
▫️ I re-stake stETH and get lpETH
▫️ I re-stake lpETH and get xxETH
▫️ ...infinity...
stETH lost its peg vs ETH in the past!
This will turn into a giant crash one…
Crypto Mumbles
in vitalik's latest post "Don't overload Ethereum's consensus", he also mentions the troubles of stretching Ethereum's core "There is a natural urge to try to extend the blockchain's core with more and more functionality, because the blockchain's core has…
Vitalik's previous article on overloading Ethereum's consensus, do give it a read again
https://vitalik.ca/general/2023/05/21/dont_overload.html
shared in May 23:
https://t.iss.one/cryptomumbles/3098
https://t.iss.one/cryptomumbles/3099
starting to see how restaking will be the collapse of this cycle
don't be the last to exit frens
https://vitalik.ca/general/2023/05/21/dont_overload.html
shared in May 23:
https://t.iss.one/cryptomumbles/3098
https://t.iss.one/cryptomumbles/3099
starting to see how restaking will be the collapse of this cycle
don't be the last to exit frens
Vitalik Buterin's website
Don't overload Ethereum's consensus
Special thanks to Karl Floersch and Justin Drake for feedback and review
market feels exhausted with selective pumps, jeety capital and weak runs rn
instead of the entire market flying, attention is focused not on narratives, but specific tokens
i feel like we've reached the end of sidelined capital and airdrop stimmies
i do think my take on btc might be wrong here, as data shows that the market has absorbed sells p well despite no new inflows
looking at a choppy february, with potential for a pump
will resume some buying + dca-ing
if we do go lower, then buy more
after all, the target is much higher by eoy :-)
instead of the entire market flying, attention is focused not on narratives, but specific tokens
i feel like we've reached the end of sidelined capital and airdrop stimmies
i do think my take on btc might be wrong here, as data shows that the market has absorbed sells p well despite no new inflows
looking at a choppy february, with potential for a pump
will resume some buying + dca-ing
if we do go lower, then buy more
after all, the target is much higher by eoy :-)
👍3
Forwarded from Alpha
Year'o Rabbit year [22 Jan 2023 to Feb 2024, water hare].
year ending in Feb of 2024 is moving to a cyclical point that usually has positive corrections for BTC, This Spring.
Think Bitcoin can spike to $49k or 10% from here this month, While Newly listed tokens can do well, [DYM//TIA/ etc [Launchpad bucket], Hated coins, Token Unlocks]
[Embrace the cycles of the market, akin to the year of the rabbit, where strategic timing and agility breed opportunity]
year ending in Feb of 2024 is moving to a cyclical point that usually has positive corrections for BTC, This Spring.
Think Bitcoin can spike to $49k or 10% from here this month, While Newly listed tokens can do well, [DYM//TIA/ etc [Launchpad bucket], Hated coins, Token Unlocks]
[Embrace the cycles of the market, akin to the year of the rabbit, where strategic timing and agility breed opportunity]