Igloobamboo
@igloobamboo
Followers
9K
Following
170K
Statuses
64K
A happy anon, sharing what makes him happy, & how he acquires more happiness every day. If you read enough good books, you'll never be a victim of gaslighting.
Joined August 2021
What is Baaana Massik? • TV series • Music • Gaming • The future of crypto entertainment, all focused on PulseChain, ethics, family and freedom of speech Stats: • ~350 holders • Under $200k market cap • Low volume • 8.3% of the remaining supply still centralised in the origin wallet • 40% LP burned (+large amount of supply) • Already up 130x Vs USD and 85x Vs $PLS • Single sided staking rewards for holders and stakers • Hugely ambitious concept that probably only 2% of people could make work The ticker is $BAANA 0x637Ecd6b33BD8d5A550939A2e6058Dd7Dc52812e Like, subscribe, share and follow @BaaanaMassik on #PulseChain
❤️💛💚💙 If you want to understand Crypto, you must understand: Metcalfe's Law
2
6
19
RT @yourfriendSOMMI: ❤️💛💚💙 “I can’t figure out why Ethereum is doing bad.” Maybe it’s these 48 Layer2 chains that are splitting mindshare…
0
33
0
Bullish $PLS $ETH #PulseChain #Ethereum
Continuing with "this is definitely the bottom" and "were going to pump after Richard does X" is likely not the way. Everyone that buys into those narratives keeps getting destroyed. Objectively zooming out to look at most other market structures is likely better. #PulseChain began with similar numbers of investors, liquidity, time in the market as other more established assets. Perhaps we just need to wait for real capitulation? Most reliable #Crypto market structure we always see is: - Descending triangle shows cope, as many obviously are willing to sell each tiny pump - (want out) - Trapdoor capitulation shows late awakening of the majority to reality - (get out) - Ascending triangle from the bottom shows where the market actually decides the value is, and refuses to sell for less - (want in) Yesterday I marked this up on the wETH/wPLS chart. How the same theory plays out on $btc and $eth also there for comparison
0
0
2
@collectarmind If you thought ETH might do $5k on its best bull market hype, you would probably see if instead of waiting for that 2x from here, could you instead allocate funds to something else that could 100x
1
0
1
Bottom in IMO for the wETH/wPLS ratio. Could be wrong - I'm not swing trading and I'm here for the long haul; so it matters little to me, but I'm happy with how I did while the opportunity was there. Why now? - Just seeing some that shilled every local top are now saying to wait - Richard is executing what clearly looks like planned bull market activities - RH, notoriously bad at calling bottoms (missed 2018 by a country mile), looks like his ETH trade is in trouble so probability of a move with it increases. Should have taken my bottom call on ETH around the time we went under $1k in 2022! - Crowd appears to be confused and throwing around value at a critical time In-all, it's a perfect setup if you believe that the crowd must be wrong for the chart to get right. Chart is a little messy but the structure shown can work just fine. At 45m $PLS per $ETH there's a great opportunity for everyone that ignored the +60m ratio to get rinsed for having not paid attention.
If your portfolio is currently down, you should probably read this 🧵 below 👇 See here that I could have a lot more ETH or PLS if I choose. I'm up as it stands today in net assets (not dollar value, but units). I'm not swing trading - only optimising my accumulation of PLS. ETH being down has enabled me to acquire more of it. I'll then acquire more PLS with that*IF* the ratio gets favourable again (it's already not bad, but my average cost is extremely low now). I personally don't want to risk my current average cost by trading PLS back to ETH, but I'm comfortable enough that I don't even feel the pressure to have to try eek that extra value out when I'm already up. AMA below if you need a hand understanding it after reading back through the thread. $PLS $HEX $PLSX $INC #HEX #PulseChain #PulseX
0
1
8
@ImShillGates @Joshu_Woo @IOHK_Charles Well done for trying bro but Charles is just an asshole. Can hear in good defence of CZ how much he owes loyalty for all the suckers he managed to coral through Binance but nothing else
1
0
4
RT @RichardHeartWin: I care about Ethereum more than you do @VitalikButerin. Here's a chart of you destroying Ethereum revenue. Last week,…
0
770
0
@yourfriendSOMMI Love to see it. Anyone post-BPD has likely given up on the idea of yield ever working in their favour after the complete tragedy of the commons that has played out thus far. OA proving strategic value once again! 🔥
1
0
5
No one cares about $HEX yield RN because it's obvious the majority of holders with decent yield just scramble to dump both barrels asap constantly. Better to disrupt and remove their ammo for a while so the chart might have a chance. Same thing happened in lots of early DPoS systems. Early guys got in big and enjoyed the money printer, but then couldn't stop dumping all their yield until the overall value just collapsed because everyone saw it and stopped essentially watching their money fund someone else's lifestyle.
Agree. Seems more likely to be mitigation against the lettuce hands that are just constantly selling down any yield they get their hands on. Safe to say at this stage that the biggest earners of HEX yield are the ones wrecking the chart most, and are obviously unable to let the chart go up a bit without dumping everything they have.
4
0
17