I used to know a little bit about his finances back in the day, I'd be very, very surprised if he's in the B Club. But I guess it's possible.
Bought some more orange coin today. Also bought more TRIBE, Rari Fuse pool was hacked for $80MM driving down price, this is pure gamble, don’t tail. Also bought ANC, speculation future Anchor yield be tiered/dependent on how much of the gov token one holds. Also a gamble play.
I think you’ll get a chance. The rate hikes and dollar increasing are likely to break a few things in the next few months before the fed pivots and goes back to easing. And when that happens, I expect btc and crypto as an asset class will outperform everything else by orders of magnitude (see pandemic returns).
On the recent Basketball Illuminati pod, Bob said he thought if everything lined up he could make $12m in an nba season. Later in the pod he basically said he didn’t want the nba gambling grind to increase his net worth by 1%. Said he’s not quite at a billion. But he’s at a place where he seems to not give a shit about making $10m+ in a year gambling.
Yeah, I’m just going off little things he’s said and how he’s flexing the last couple years on social media… he’s made comments about how he’s close to being able to buy an NBA team if btc hits a certain number, he’s flexing on yachts that rent out for a quarter million a week - apparently by himself/just with his dog.
Yep who knows if his “not quite at a billion” comment is true, but he certainly seems to have plenty of money. Given the amounts he was betting and the fact he started buying btc at $200, I won’t be surprised if he’s worth that much in 5-10 years.
In March 2020, we dropped to $4k down 50% in like 2 days. I asked myself the same question I always do: has the btc thesis changed or is this people selling who I think are wrong? Due to bonus timing, I then took over 6 figures and sunk it all into btc. Literally nothing has changed. And at this point it’s so much easier to be bullish than at $4k: we have companies, countries, super public macro investors. At $4k, the question was whether it would go to zero. I thank the sellers and will buy as much as possible.
Jump is one of the premier trading firms / market makers in the world (overall, not just crypto). Ruthless, they're the guys building their own microwave antennas so they can get their trades in like .00000001 seconds before anyone else. Extremely deep pockets, based out of Chicago Started Jump Crypto who competes with Alameda and others. They're on the board on Luna / UST and have an interest in its success. They also sponsor wormhole bridge which got hacked for a metric fuck ton of ETH a few months back, Jump filled in that hole in like a day. CEO was on UpOnly podcast recently describing how they reacted to the wormhole hack internally, fascinating stuff https://twitter.com/KanavKariya?s=20&t=nGWzjpZPxj-yY660fmh7rg
Wooooo boy I love this shit. Jacked to the tits! $UST bank run? LFG/JUMP dumping BTC/ETH to save the peg.
Hopefully just me… ~$50k left over in Terra alts I had staked/locked. Prob dust. But I warned clearly and often I think.
i'm sure theres plenty of pain around with this, Bean, and the overall crypto space. BTC below 30k is a where does it stop thing.