Share this page!

Eric Wall Profile picture
Twitter logo
4 Oct, 5 tweets, 2 min read
it’s literally how it works
”i don’t get it. why are they confessing?”

”they’re not confessing. they’re bragging.”
congrats @iamDCinvestor tho 🥂
btw I don’t buy the whole ”I only buy stuff I genuinely like and feel fine holding through a 90% downturn” BS schtick

this is art connoisseurship LARPing at expert level

no you’re not buying pixelated retarded-ass looking frogs as genuine art appreciation

you’re hustlin’ bro
also where do i sign up

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Eric Wall

Eric Wall Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ercwl

Eric Wall Profile picture
28 Sep
Rainbow math:

According to Rainbow Theory™ the price goes back down to "BUY"/"Basically a Fire Sale" area prior to every halving. Next halving is around March 2024

According to Rainbow math, the price could be as low as pretty much exactly the price right now, ~$42k, by then.
On the precise day of the halving, the price tends to be a bit higher, so $56k.
ok ok the real reason why you're here
Read 11 tweets
Eric Wall Profile picture
28 Sep
hey guys🔺👋
why are so many from Avalanche commenting
ffs I thought 🔺 was a warning signal

meaning caveat emptor, i.e. "buyer beware". and that ppl were using it to remind people to be cautious in this nascent space. WTF
Read 4 tweets
Eric Wall Profile picture
28 Sep
NFTs are not inherently ”crypto assets” imo. Yes, they use a blockchain as the issuance/transfer mechanism, but that’s irrelevant. There are dollar-backed and gold-backed ERC-tokens. Are dollars and gold ”crypto assets”? No.
While the NFT space might have emerged from the cryptocurrency space, and many NFT collectors are cryptocurrency enthusiasts, and much of the art therefore is deeply-rooted and connected to the interests of cryptocurrency enthusiasts, that does not make them ”crypto assets”.
As time passes, it will be more and more common that a wide variety of assets are issued and traded on blockchains (stocks etc), but the underlying technology for the registration and transfer of ownership has no impact on the type of asset class something belongs to.
Read 6 tweets
Eric Wall Profile picture
24 Sep
After weeks of discussion I was just turned down to get my first mortgage because of my crypto transaction history
I said ”ok look I won’t do any crypto transactions at your bank then”

they said ”we are sorry but we can’t serve you with the knowledge of what you are doing at other banks”
I’m usually a pretty privileged semi-white CIS male and this offends me
Read 8 tweets
Eric Wall Profile picture
14 Sep
In 2017, if a blockchain went down, I thought it was the scandal of the year.

”Omg how can it be down? Money is ”down”, what, like a server? Money can’t be a server! It can’t be down! People can die if money is down! All must learn about how awful this is so people don’t die!”
Now, I don’t think that way anymore. A blockchain is (should be) one of the most replicated data sets around, if they’re ever going to be money. As long as the data set is around and you have your private key, you can still sign transactions.
Of course, unless you have a payment channel (which would still work even when the baselayer is down), a signed transaction is not a guarantee of payment, but I bet in a mature crypto world, there will be tons of custodial apps that would accept signed transactions as collateral.
Read 10 tweets
Eric Wall Profile picture
13 Sep
1/ A random DeFi story: My colleague @VetleLunde at @ArcaneResearch told me about an arb opportunity on Aug 18 between HEZ<>MATIC. HEZ holders will be able to swap 1 HEZ for 3.5 MATIC after the announced @PolygonHermez launch.

HEZ was trading at $4.18
3.5x MATIC traded at $4.83
2/ At first I did not believe the arb was real--buying HEZ was essentially buying MATIC at a 13.5% discount if the merger would happen as announced. It was a long time since I made an effort to chase easy arbs manually in crypto (I thought they would be gone by now).
3/ There are a number of risks and limitations that can cause a discount. In this case, the obvious ones were:
- What is the % that the merger does not happen?
- How long will it take until the merger?
- How expensive is it to short $MATIC for said duration?
- How liquid is $HEZ?
Read 20 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get emails when @ercwl has new unrolls!

Check out other threads from @ercwl!

Read all threads by @ercwl

:(