the ppl getting mad at new entrants obsession with memecoin trading is eerily reminiscent of bitcoin OGs telling us every altcoin is a scam
the old man yelling "scam" is right 99% of the time and avoids some zeros
but he also misses the handful of 100-1000x plays every cycle
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some of you might know cobie, GCR, CL, flood, mayne, light, or ansem for their trades but just a few years ago they were all plumbers
Ken Griffin two favorite pastimes:
1) making absurd amounts of money
2) dunking on effective altruists
solana:So11111111111111111111111111111111111111112 onchain stats up-only
solana:So11111111111111111111111111111111111111112 price down-only
Bitcoin still trading in no mans land
10/10 was crypto's 9/11
the experiment happening on robinhood where memes are being paired with tokenized stocks is exciting for 2 reasons:
1) early innings of composability for stocks onchain & shows benefits for RWA outside of simply "can trade 24/7"
2) it's working
tokenized stock volume up bigly
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"We've bought $100M an hour, it doesn't move price. We've bought $200M an hour, it doesn't move price. We've bought $300M an hour, and stopped...price goes up." - @saylor
STRC fueled BTC buy this week on pace to be +$1Billion.
That's $2.35M of BTC/minute or $140M of BTC/hour.
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$847,000,000 dollars from STRC into Bitcoin in just 6 hours🤯
That's $2.35M per MINUTE...more than 10 THOUSAND BITCOIN purchased by Saylor just today
It is unbelievable how we're not past $82K yet.
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