good on larva labs for wanting to get paid, i mean its a cashgrab but like there's a gigantic pool of money just sloshing about and it seems they didnt capture much value from punks so eh
I just uhh... really wouldnt ape in if you dont know what you're doing
wonder if this will have a sin wave effect on punks, people fomo into punks to get the drop then a bunch of dead punks reawaken and supply increases a bit? Is it worth it to reawaken a dead punk for a meebit? hmm 🤔🤔🤔
also just a heads up to anyone buying a punk over the next week (you have one week to use a punk/autoglyph to get a meebit)

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More from @loomdart

3 May
the bubble isnt crypto, the bubble is everyone else realising holy shit crypto is here to stay wtf can we do to get in on it
its kinda like punks imo

punks vs punk forks

most crypto native will stick because there's only few crypto native, been here for years, know what they're doing

vs

legacy many big rich institutions, but no trust, many of them, not sure what they're doing, just yolo'ing in
but as a way of onboarding new people its great imo, plus the bsc hype / shit like flow has also shown my prior model may be cope and people wont care

which is also fine, everyones got their own fancy
Read 5 tweets
1 May
2021 trade of the year gonna be longing people and shorting employment

market may be at a point where we dont actually need a minimum wage, because the actual wage rate will be so high

no one wants to work becaues why tf should they, the pay sucks

its a brave new frontier
the thing is this isnt a bubble its just a reroll of wealth

rich dudes who thought "wow retail normies are gettin in time to sell" are getting absolutely hammered and all the big rich guy wealth they owned and had locked up not trickling is being redistributed to individuals /
people who took big bets this year / normies (vast in number)

lots of locked up money became unlocked
Read 4 tweets
1 May
imo if someone calls you out for being a scammer you can just prove them wrong instead of crying and huffing, if you're legit your time horizon shouldn't be so short that short term doubt can really hurt you

isn't this what crypto has always been about
the market rn is "keep everyone happy. don't break any relationships. it might cost you an allocation" which is meh... except its gonna slowly cause shit to trickle further and further in as people have less time to do due diligence and "rely" on others more
this whole system may seem foreign right now but it's gonna get easier and easier to "prove" yourself in crypto since everythings getting more transparent and onchain

plus if someone randomly calls you out as a scammer with 0 proof then no one is gonna just blindly believe them
Read 5 tweets
4 Jan
IMO we just had the 14-10k nuke, bull market may be over, it will be a fleecing where we do stupid bounces from support that dont make any sense to bears but make sense to everyone else, you bid support sell resistance until it stops working.
just to prove im not a coping bear :3
This is the time where traders get chopped to absolute shit. Guys, if you're up a bunch and you suddenly start getting little haircuts, I beg you to take some off the table/have very rigid stops where you just take the L

the little cuts can ruin your mood and make you angry,
Read 12 tweets
6 Nov 20
the reason i longed sol yday as my defi alt was mainly coz I think most of these alt bounces are just basically short squeezes

DeFi is a system within which there are simply too many options, with new stuff coming in every day

it makes it really hard to invest in projects
not knowing when a better competitor will come along and usurp it, making your bags essentially worthless (not case with btc, btc is best btc coz its best at scarcity)

sol has benefits of being part of the intrinsic FTX defi narrative, and as such you can kinda hope that
its got way more longevity than other systems

this "centralisation" obviously comes with a few downsides, but its good enough for now (imo, doubt alameda will blow up tomorrow)
Read 4 tweets
5 Nov 20
Ive saved so much money not being part of the alt blood im gonna buy a big ol bag of solperp and just just hold till sam president or sam customer support staff Image
If sol goes up quicker than bitcoin does can I rename myself FTT_INVESTOR instead of ashdrake
I'm flipping this trade to sol-btc long btw, aiming for white line Image
Read 5 tweets

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