We will try to do so in a way that minimizes market impact. Due to market conditions and limited liquidity, we expect this will take a few months to complete.
"are we in a recession?"
FED: "look I want to start off by saying, we fucked up, we're sorry. We still don't have access to all the systems and data and are trying to piece things together."
We will pump off the bottom extremely quickly, leaving most investors trapped in levered shorts eating turkey and explaining the FTX saga to their grandparents
Everybody wanna bitch about SPX correlation and beg the gods to trade the decorrelation, then as soon as the market offers an uncorrelated coin in crypto they jump right to “the market is wrong” and fade it
Powerful levels of self psyop at play
A classic example of the whole group chat buying something and circlejerking as they pump each other’s bags only to realize there’s no exit liquidity as they nuke each other
Everyone wanna be on the rooftop now that we’re winning. Nobody wanted to be on the rooftop when we were in the trenches battling goblin town. Says a lot
Ppl will spend the whole way down trying to catch the bottom long and then if they haven’t lost everything by the time they catch the bottom long, they will be conditioned to close it for 1-5%
SZ’s condescending pseudo intellectual tweets hit real diff as we learn more about what was playing out behind the scenes
Davies basically just looks like a Chimpzoo alt but Su rly went full blown sociopath larp. He just like me fr
I'm here for one reason and one reason alone.
I'm here to imagine what the smell might do a week, a month, a year from now. That's it. Nothing more.
And standing here tonight, I'm afraid that I don't smell - a - thing.
@CitronResearch
For those wondering: I'm totally fine. Just disconnecting from all the Twitter negativity and focusing on charts/enjoying life. There's no point tweeting when there's no change.
And yes, still short and strong. Interesting week ahead.
CZ's strongstream vs. SBF's dribble
Clearly there are some persistent issues (UI execution delays, slow price feed, blahblahblah etc.)
Is the root of these issues FTX's incompetence, or their proficiency, and which is more concerning?
I see we’re doing our recurring “ftx connection bad” discussion allow me to throw my favorite point into the right
Ftx charts on tradingview load slower than binance, Bybit, etc
pointed out to whatshisface chi CEO and he said “hmmm we’ll look” and never responded again lmao