Bubble Chaser. Plumber . Hyperliquid Enjoyooor.

Bananaland
Joined March 2020
Note to Self: Selling is arguably the most difficult task in your trading/investing/speculating journey; the last hurdle that many failed at. Days like yesterday are humbling and shows the importance of having an exit plan. Grateful to have taken 5% off the past few weeks.
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Pudgy has always been Satan’s child. Created by Cole, then almost adopted by the x2y2 guy, before being finally sold to a grifting dropshipper.
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So markets shaved off billions in mcap because Hawk Tan called AI investors gamblers and commented that it’s harder to borrow casino chips moving forward?
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10/10 again, but this time opposite direction wick pls kek.
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CT about to find out why Singaporeans are poor af lol
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Approaching the most insufferable week in Singapore again. IYKYK.
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Newton Mode.
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HIGHER.
The dead cat continues to bounce. What is Bitcoin, 17 years later? It’s not great for transactions or smart contracts; the user experience is still intimidating for most, and it’s no longer capturing the public’s imagination. If it comes up at the dinner party, it's followed by a hearty “remember that!” It’s a boring store of value, trusted as that—which is its biggest value. It's boring. Folks expect bitcoin to be stable and that it’s no longer a way to get rich quick. Institutions embracing and accumulating it took $btc from punk rock to Muzak. Advocates went from pirates to suits in orange ties, awkwardly sharing cringe memes — just like the cool kids do! If Bitcoin were going to reach mass adoption and an important use case, it does better than anyone else, it would have by now. Bitcoin feels like the CD in the age of Spotify, the DVD in the age of Netflix — a bridge technology that folks who invested in “their collection” keep saying is the better experience. Perhaps bitcoin is vinyl, cool memories and fun to drag out and put on display, but a technology that served us to get to where we are now.
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Anas never said SF should kingmake him. He merely alluded to the obvious negative outcome of SF exclusively subsidizing his competitors, running large-scale influencer marketing campaigns for them and paying users to trade there instead. This is gaslighting and it needs to stop.
SF can’t make your product succeed. They help in the gtm launch of a product by getting the word out, that’s about it. If another product launch happens that competes with Phoenix, then SF can try to help that team get of the ground. The amount of attention and the net effect of SF help doesn’t depend on SF, it depends on the product. Is it new, is it good? Do people like the narrative? All those things are what actually drives traction. Everyone heard of Phoenix after the launch, it’s entirely on the Phoenix team to actually convert the attention into users.
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The audacity to write this after 10/10 shenanigans. GL to the 12 retards who will be entrusting Binance with their life savings.
Replying to @_RichardTeng
This is exactly why @binance is evolving into a "financial super app." Not just crypto trading - but stocks, payments, savings, transfers, and more - all in one place.
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Those clowning on him, show that you can run a few hundred k to half of his ATH, then you’re qualified to talk out of your arse.
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Argies deserved this more than any other teams in the World Cup. It’s an absolute robbery in daylight!
The Netherlands are the winners of the FIFA Fair Play Award presented by @mcdonalds 🤝🏆
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Never seen Argies more hated in a finals then the coming one. Would imagine more than 80% of fans are supporting Spain?
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Guess who is 6cm taller than Stones and would have prevented Lautaro from heading the ball?
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Playing out exactly like how the peace talk is going….
Iran's advancement during the Austria v Algeria game: 28' Iran in 45' Iran out 55' Iran in 60' Iran out 90+4' Iran in 90+6' Iran out Iran is now officially eliminated from the World Cup
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SpaceX a clôturé son premier jour de cotation à 2 100 milliards de dollars, +19%. Tout le monde regarde le chiffre. Personne ne regarde ce qu'il price réellement. Laissez-moi vous dire ce que le marché vient d'acheter, et pourquoi je pense que cette boîte vaudra 30 à 50 trillions d'ici 5 ans. D'abord, le symbole. Cette IPO est un référendum. D'un côté, 20 ans de discours sur la décroissance, la sobriété, la redistribution, la fin de l'histoire gérée par des comités. De l'autre, un homme qui a dit "je vais rendre l'humanité multiplanétaire", que tout le monde a traité de clown, et qui vient de créer la plus grosse entreprise cotée de l'histoire en partant d'un entrepôt à El Segundo. Le marché a voté. Le wokisme avait des départements RH, SpaceX avait des fusées. Les fusées ont gagné. Ensuite, la mécanique économique, parce que c'est là que tout le monde se trompe. Les analystes valorisent SpaceX comme une entreprise de lancement plus Starlink. C'est comme valoriser Internet en 1995 sur le marché du fax. Starship ne réduit pas le coût du kilo en orbite de 20%, il le divise par 100. Et chaque fois dans l'histoire qu'un coût d'infrastructure est divisé par 100, ce n'est pas le marché existant qui grossit, ce sont des industries entières qui naissent. Le coût du calcul divisé par 100 a donné Internet, le smartphone, l'IA. Le coût de l'orbite divisé par 100 va donner une économie spatiale complète. Faisons la liste de ce qui devient rentable quand le kilo en orbite coûte le prix d'un billet d'avion. Les data centers orbitaux, avec énergie solaire continue et refroidissement gratuit, au moment exact où l'IA fait exploser la demande énergétique terrestre. La fabrication en microgravité de semi-conducteurs, de fibres optiques, d'organes imprimés impossibles à produire sous gravité. Le tourisme orbital de masse, puis les hôtels lunaires, qui passeront du fantasme au business plan exactement comme la croisière de luxe au 20ème siècle. Le transport point à point terrestre, Paris-Tokyo en 40 minutes. L'industrie minière des astéroïdes, dont un seul corps de classe M contient plus de métaux que tout ce que l'humanité a extrait depuis le néolithique. Et Mars en ligne de mire, pas comme destination touristique, mais comme le plus grand projet d'infrastructure jamais entrepris, avec tout ce que ça implique de demande en énergie, matériaux, robotique, IA. SpaceX ne participera pas à ces marchés. SpaceX possède le péage d'entrée de tous ces marchés. C'est AWS, mais pour la civilisation. Apple vaut 3 500 milliards en vendant des rectangles de verre sur une seule planète. Le premier monopole d'accès à une frontière infinie à 30 ou 50 trillions dans 5 ans, ce n'est pas de l'exubérance, c'est une simple règle de trois sur l'expansion du marché adressable. Et maintenant, la partie que je préfère. Ce futur n'a pas besoin de bureaucrates. Il n'y a pas de comité consultatif en orbite. Pas de commission Théodule sur Mars. Chaque dollar de cette nouvelle économie sera créé par des ingénieurs, des techniciens, des soudeurs, des pilotes, des entrepreneurs. Les diplômés en gestion de la norme vont devoir apprendre un métier utile, et franchement, c'est une excellente nouvelle pour eux aussi : construire est infiniment plus fun que contrôler. Parce que c'est ça, le vrai signal d'aujourd'hui. Pendant 50 ans on nous a vendu un futur rétréci : moins d'énergie, moins d'enfants, moins d'ambition, gérer le déclin proprement. Et là, d'un coup, le plus gros actif financier du monde est un pari sur l'abondance, l'expansion et l'aventure. Le pessimisme vient de passer en position vendeuse sur lui-même. Le futur sera méga fun. Il y aura des hôtels avec vue sur la Terre, des honeymoons en orbite, des gamins qui diront "papa, c'était comment avant les fusées réutilisables" comme on dit "c'était comment avant Internet". Et quelque part dans les années 2030, un humain marchera sur Mars en livestream devant 5 milliards de personnes, et ce jour-là plus personne ne se souviendra du nom d'un seul de ses détracteurs. Achetez de l'optimisme. C'est encore sous-valorisé.
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My Korean friend says the subtle flex in the dating market right now is wearing an SK Hynix jacket to your first date. My Taiwanese friend says he is wearing TSMC shoes to his reunion. Wonder if I can buy both on Taobao and wear them for morning jog at East Coast Park. Semiconductor drip is the new streetwear. No wonder Nike stocks tanking.
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My net worth peaked at $1.2 million. None of it was real. I don't mean that philosophically. I mean it was located on servers that have since been turned off. I own eleven properties in the metaverse. Three in Decentraland. Four in The Sandbox. Two in Voxels. One in Otherside. And a beachfront villa in Horizon Worlds that I bought for $214,000 because Mark Zuckerberg called it "the next frontier." The frontier closed last week. It's a mobile app now. Last year I mass DM'd 340 people the phrase "you don't understand how early we are." I have since stopped doing that. Not because I was wrong. Because most of them blocked me. I got into metaverse real estate in November 2021. Everyone was buying. Someone paid $450,000 to be Snoop Dogg's neighbor. In a video game. With no legs. The avatars didn't have legs. I thought that was bullish. "The legs are coming," I told my Discord. "Legs are a roadmap item." Three hundred people reacted with rocket emojis. I called myself a "digital land baron." I put it in my Twitter bio. I put it in my LinkedIn headline. I said it on a podcast that had eleven listeners. Three of them were bots. The rest were my alts. My virtual property has more square footage than my actual apartment. My actual apartment has furniture. Location, location, location. My most valuable asset was a plot next to a virtual Gucci store. Gucci left in 2023. The store is still there. Nobody's in it. It's like a mall in Ohio but with worse graphics and no food court. I held. Diamond hands. That's what we said. "Diamond hands." It means refusing to sell while your investment loses 94% of its value. We turned financial paralysis into a personality trait. A guy in my Discord paid $2.4 million for a 618-parcel estate in Decentraland. Prime district. High foot traffic. I asked him what "foot traffic" meant when the platform had 38 daily active users. He said I didn't understand the technology. I didn't. I still bought more. We had a DAO. A decentralized autonomous organization. That means we voted on decisions. There were nine of us. Three never showed up. Two voted on everything without reading it. The other four were me and my alts. We voted to "acquire strategic parcels." The vote passed unanimously. I voted four times. My portfolio peaked at $1.2 million. I told everyone. I made a spreadsheet. I projected 40x returns by 2025. I made a pitch deck. The pitch deck had a slide that said "WE ARE BUILDING THE DIGITAL ECONOMY." The slide had a rocket emoji. That was my entire financial model. In 2023 I bought a Bored Ape for $189,000. It's worth $14,000 now. I don't talk about the Ape. I still use it as my profile picture. People ask me about it. I say "I'm long-term bullish." Long-term bullish means I can't sell it without crying in a Panera. My mom asked me what a Bored Ape was. I said "digital art on the blockchain." She asked why it cost more than her car. I said "you don't understand Web3." She said "I understand you live in a studio apartment." She's not in my Discord. Justin Bieber bought one for $1.3 million. It's worth about $90,000 now. I felt better about mine after I heard that. That's community. WAGMI. We're All Gonna Make It. We said that every day. In the group chat. While the floor dropped. While the volume dried up. While 95% of all NFT collections went to zero. We're all gonna make it. None of us made it. But we said it with conviction and a laser-eye profile picture. That counts for something. It doesn't. But we said it did. That's decentralized consensus. Meta spent $84 billion on the metaverse. I need to say that again. $84 billion. More than the GDP of Luxembourg. More than the GDP of Iceland, Luxembourg, and Malta combined. They spent it on a platform where the avatars had no legs, the graphics looked like a 2006 Wii game, and the peak user count was lower than the lunch rush at a Chipotle in Des Moines. They just pulled Horizon Worlds from VR headsets. It lives on as a mobile app. My beachfront villa is now a mobile app. Location, location, location. Zuckerberg renamed the entire company for this. Facebook became Meta. A $900 billion company changed its legal name because the CEO watched Ready Player One and said "I want that." Reality Labs lost $10 billion in 2021. $14 billion in 2022. $16 billion in 2023. $18 billion in 2024. $19 billion in 2025. That's not a strategy. That's a speedrun. They laid off 1,500 Reality Labs employees this year. Shut down three VR studios. Killed Supernatural. Put the entire VR social vision in a casket and said "we're pivoting to AI and wearables." The pivot took four years and $84 billion. I pivoted too. I'm an AI real estate investor now. I bought a virtual plot in an AI-generated world that doesn't exist yet. The founder said it was "the intersection of spatial computing and large language models." I don't know what that means. I gave him $40,000. He has a whitepaper. It's 47 pages. I read the title and the tokenomics section. The tokenomics section is a pie chart. I love pie charts. They make everything look like a plan. The project has a roadmap. Q1: "Build community." Q2: "Launch beta." Q3: "Scale ecosystem." Q4 is blank. Q4 is always blank. That's where the exit scam goes. My accountant asked me to value my metaverse portfolio for tax purposes. I said $1.2 million. He said "current market value." I said $6,400. He stared at me for eleven seconds. I know because I counted. He asked if I had any other investments. I showed him my NFTs. He stared for longer. I told him they were "cultural artifacts with long-term provenance." He asked if I'd considered a 401k. I told him a 401k was "legacy finance." He told me to leave his office. The metaverse is dead. I don't accept that. I am a digital land baron. I own eleven properties across four platforms. I have a beachfront villa in a mobile app, a plot next to an empty Gucci store, and a cartoon monkey that cost me more than my actual car. Location, location, location. The location is nowhere. But I'm early. I'm always early. That's the same as being wrong except you get to say it with confidence.
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Remember the stream of doomsday posts in Mar-Apr last year calling, for raging inflation and subsequent recession due to Trump’s blanket tariffs?
Hormuz famine timelines A month-long closure of Hormuz, which is already the base case, will lead to inflation. The hydrocarbon value chain will be most impacted. A 3 month closure and you're looking at a high probability of regional famines in the most vulnerable areas. When we start looking at 6 months or more we get into the really dark scenarios. 50% of all food globally is produced with synthetic inputs. These supply chains will be incredibly stressed, and export bans and windfall taxes likely cap output. At a 6-month closure you're looking at near certain regional famine conditions in Asia, Africa, and Latin America. Inflation in Europe and the United States will be the highest in living memory. If Hormuz is closed for multiple years, The probability of global famine and the death of billions starts to become highly probable. As a base case, I expect that the longer that the closure goes on, the more probable World War II style rationing becomes. We could be there within months even in rich countries. Reducing consumption and limiting waste is going to become very important. Creating non-industrial fertilizer systems will eventually become essential. This essentially means free grazing and animal husbandry and even utilizing human waste. Good farmland that can produce food with no synthetic inputs could become extremely valuable.
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