Sometimes you see the dumbest shit and wish you could look away but you just have to call it out. CNBC tweets provide 95% counter-intuitive accuracy for #bitcoin prices. I mean what the fuck.
disclosure I got bored but here's my half ass analysis. So this superstar has cherrypicked a handful of CNBC tweets over 9 months. lets say 50. over that same period there has been more than 6.75m tweets on bitcoin. So his sample set is 0.00007ish.
btw did you know you can fit 28 people in a #mini. and if they all worked for #CNBC and could #tweet while in the mini they could manipulate the #bitcoin market. #bancnbcstuffedinminis
I also can't add up to 50
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Tomorrow I'll walk through my calculations as to how #tether was able to increase their reserves by $700m and then spruce it as a profit.
Until then here's a couple of points to ponder. 1. #nontokendebt - This is something I've broken out in every analysis I've done on Tether's attestations.
Its literally the most important in their numbers.
I've been tracking #tether's attestations since they started publishing them.
I'd like to think that I provide more granular reporting then they do themselves.
I generally try to update the shared sheets and provide some commentary with a week or so of the attestations being released. I haven't had the chance to this quarter...as well I've had real world shit to do ....
I was kinda champing at the bit to write up a few tweet storms as all the fanboys were shilling the amazing $700m profit #tether had made in the Dec quarter alone....
So today quickie is #genesis top 10 creditor #Donut
Self proclaimed #web3 pioneer who's competitive advantage is the use of Decision Tree Risk Modelling Tools....awesome web3 word salad.
even though their product is on pause due to #genesis their principal lending partner blowing up.
They still proudly claiming that their #proofofreserves liquidity ration is still 100%+
As a #web3 pioneer with next gen decision modelling tools and a industry leading #defi platform just how well did donut.app mitigate their exposure to #genesis?