God is good | @notthreadguy + @rasmr + @andyyy + @cryptomanran + @fomo clipper | your favourite clipper @20xxcorp OTF
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Se Yong admits @fomo 's launch day was so dead that 8 of the 10 traders were @fomo employees
"It was so anticlimactic that, you know, I just don't remember the day at all."
"Nobody joined. It was this very slow thing where we had 10 traders and maybe eight of them were FOMO employees."
"Something is telling the market that the product is not good enough. So how do you get it to be good enough? And we just obsessively focus on making the product better time and time again."
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Threadguy admits he could not tell an AI image was fake and says trust on the internet is about to become giga valuable
"I think I have a pretty good vibe for what's real and what's not. I think I'm relatively sharp. If I can't figure it out, it's over."
"Existing trust on the internet is about to become giga, giga, giga valuable."
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Threadguy thinks normal gen pop outdoor activities are so back after joining 20,000 people at a New York City parade
"My take is that normal gen pop outdoor activities are so back."
"There was like 20,000 people. Every street was blocked off in New York City."
"Usually I'd be like, no, I want a table, get these people away from me. Now I'm like, f*ck it. I'm going to the middle of the parade and it was electric."
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Yuval Rooz says the whole point of crypto was to recreate the financial system, not meme coins and NFTs
"What was the whole point of this industry? We were going to recreate the financial system. Hopefully, as an industry, we don't want to have meme coins and NFTs."
"We actually want large institutional players to come and for us to own new rails together with them."
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EarlyBurry says someone with a lot of money is preventing the zero
"We're talking about a security incident that like would have taken us zero"
"So who is preventing the zero like who's purchasing at that point?"
"Market containment of like the actual drawdown, and I don't know what that is."
"It had to be people with a lot of money that are able to prevent that drawdown."
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Ran Neuner explains how ZachXBT tied the $6.3 billion Binance exploiter to the Bitget hackers
"ZachXBT actually linked the wallet of the exploiter."
"Stolen funds, $6.3 billion from Binance and $388 million from Bitget, which was a previous hack, were commingled at the same address."
"We think it's the North Koreans, DPRK or the Lazarus Group. They were the same attackers because they basically commingled two wallets."
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Mando says the top has been taken out of crypto and Bitcoin cannot hit $150K before quantum gets resolved
"The top has kind of been taken out of crypto. Can you really imagine it going to $150K before this quantum stuff gets somewhat resolved? I would say that is very, very difficult to imagine."
"So I think at best you're hoping for $100K to the upside right now and it may just be brief."
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Minh says his mindset is that he can't lose and the only time he loses is if he is a dick to his wife
"My mindset is I can't lose."
"The only time I lose is if I'm a d*ck to my wife, which I'm never a d*ck. But you always have to be mindful of that, especially if you're trading."
"If I am too overconfident, in tunnel vision, not open minded and don't listen, lose."
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Ran Neuner says the $6.4 billion Binance hack must be a significant line item in North Korean GDP
"The biggest hack in cybersecurity history, which is $6.4 billion. I mean you have to take your hat off to the North Koreans for a country that doesn't have commercial internet."
"You can imagine that it's actually so big that it must be like a very significant line item in the North Korean GDP."
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Mando says stocks are dumping because the AI trade is fundamentally breaking down, not because of the midterms
"I don't think you should be thinking that midterms save this market right now. I think it's far more to do with oil and far more to do with just a breakdown fundamentally in the AI trade."
"So if that even sees a slight slowdown, the whole supply chain gets massively hit."
"So I think it's more fundamental than just midterms."
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