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Larry Cermak Profile picture
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7 May, 4 tweets, 1 min read
Glorified AWS full of buzzword jargon spending millions to do a cringe imitation of an Apple event
Does anyone actually like this? Genuinely curious
ICP to have ~26% circulating supply on Day 1. LMAOOOO
If I took a shot whenever they said “Silicon Valley” during this event, I’d 100% be in hospital right now

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More from @lawmaster

Larry Cermak Profile picture
6 May
An update on one chart that I think shows retail participation the best. Now comfortably already higher than in the 2017 mania. We had more than 300k new weekly Twitter followers of exchanges two weeks ago while the last cycle's top was 250k.
One thing to notice from the chart is that rise is much more gradual vs. a massive spike like we had last time. That's much healthier. When I last posted the chart I felt super comfy because it wasn't retail driving the prices but institutions. Not so sure about that anymore
You know what they say "signs of froth are indistinguishable from mass adoption." But for me it's time to play a little more defensively than a few months ago. We could go much much higher of course but for me it's time to protect the capital a little more
Read 4 tweets
Larry Cermak Profile picture
6 May
There is roughly 469 million of ICP tokens at genesis. FTX's ICP perp (which is pretty liquid) is now trading at ~$230 meaning that the FDV would be around $108 billion - about a fourth of Ethereum and three times larger than Polkadot. Fun!

Yea yea FDV is just a meme I know
May I also remind you that Dfinity launched a demonstration of "an open version of LinkedIn" last year called LinkedUp. Now the underlying platform is trading at hundreds of billions.
Fwiw I'm not advocating shorting anything in this market and especially when all exchanges are going list this thing immediately after it goes live. I do believe Dfinity will be irrelevant within a few years but shorting this with leverage now would be braindead
Read 4 tweets
Larry Cermak Profile picture
5 May
v3.app.uniswap.org/#/swap
LOL site is down Image
Go nuts apes
Read 4 tweets
Larry Cermak Profile picture
28 Apr
Check how many times rekt noobs tagged CZ under this tweet. They ain’t ready yet
What's unfortunate is that it doesn't matter anymore what Binance does. The funds are being run through Tornado Cash. About 2,200 ETH laundered through Tornado so far

etherscan.io/address/0xc614…
The hacker used AnySwap bridge to do a cross-chain swap from BSC to ETH.

ETH address: etherscan.io/txs?a=0x13b432…

BSC address: bscscan.com/address/0x13b4…
Read 4 tweets
Larry Cermak Profile picture
26 Apr
On Telsa call: "Bitcoin seemed and so far proved to be good decision to store cash that wasn't immediately used for daily operations and get some good return on that. There is a lot of reasons to be optimistic here and we are certainly watching closely here."
"We have been quite pleased with how much liquidity there is in Bitcoin market. When we did the sale in later March, we also executed quickly. Being able to get cash out is exceptionally important."
"We do believe long term in value of Bitcoin and will continue to accumulate Bitcoin from customers paying for cars"
Read 4 tweets
Larry Cermak Profile picture
21 Apr
Zoomers are gonna learn a hard lesson today. Down more than 50% so far and nosediving
For anyone who enjoys this kind of stuff, you can watch live here: dex.guru/token/0x8076c7…
Now a 65% drop
Read 4 tweets

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