Daily Top 10 Tweets
CEO of PanteraCapital: I’m not certain that bitcoin will go up. I believe IF it goes up, it will go up a lot.
|Kurt Grela||Feb 24|
We’ve completed our investigation into the large market movements on Kraken yesterday & determined systems operated correctly. If you feel your account was unfairly impacted, please follow the link in our blog post to submit a support ticket.
The reason this was not the top is simple: Not enough money can be lost to create a painful bear market! Crypto cycles only peak when we're out of dumb money, which hasn't fully invested, yet. This is a healthy correction, imho, and sets us up for a much bigger move.
Have people pivoted from blaming the Fed for stocks going up to blaming the Fed for stocks going down yet?
" is not for spending," says . "If you want to save your money for the next decade, it's logical to do one transaction. Put all your money in and wait for a decade and wait for it to go up."
"We are going to see a day when 7-8 billion people have a bar of digital gold on their phone, and they are using it to store their life savings," says .
I’m not certain that will go up. I believe IF it goes up, it will go up a lot. And, of course, it can only go down 1x. That’s incredible asymmetry. In my opinion it’s the best expected value trade of my career. More in our Feb investor letter: panteracapital.medium.com/what-gamestop-…
Friendly reminder of the big pullbacks of the 2017 cycle. You’ll want easy access to this one for days like today. Better than a “hang in there” kitty poster.
Huh. According to one study, people with low FICO scores have driven a lot of the activity at Coinbase this year stilt.com/blog/2021/02/c…