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We'll Bart again
Don't know where
Don't know when
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come one buddy time to Rise
Rise and shine!!! Levioso!!!  |
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1.5x per year... at least we crossed that 25600 line, finally. I wonder if we could cross 51200 sometime this year.  It's tempting to think we'll follow the 2019 recovery trajectory, but the budger rarely follows past patterns. |
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Why switch?
Weren't you a 2x per year kind of a guy?
I'm pro-reality kind of guy. |
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1.5x per year?  |
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Maybe some people could "see" the future a little bit, vaguely. Maybe it's even us, who got into bitcoin relatively early... we felt something about it... |
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When Democrats "push" for "something" it's 90% performative. Just something to excite the base, with no intention of actually making it into law.
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The price was $2000 lower 24 hours ago...  |
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"stuck in space" sound a bit scary.  |
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I am torn on this because I would have been careful NOT to share information while the attack is going on and things like that, and then being publicly known makes it seem as if even additional precautions might be needed. Signed, truly torn. He brought it up. If he didn't want to talk about it then he shouldn't have tweeted about it for the whole goddamn world to see. He answered, actually: https://twitter.com/LukeDashjr/status/1609868077146972160 |
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We just had the block 770000 today, which is 2/3 of the way to new halving: [ block 630000 = halving ... ... ... block 700000 ... ... ... block 770000 ... ... ... block 840000 = halving ] Just some useless information to start a New Year.  |
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What happened at Alameda ResearchSam Bankman-Fried was erratic, rash, and potentially incompetentWhy might SBF be so insistent on intentionally oversizing his bets? Purely because of intellectual confusion about what strategy is optimal for long-run growth? An alternative hypothesis is that, beyond any natural proclivity to risk-taking, he may have been taking dopaminergic drugs (prescribed for for Parkinson’s disease) as a nootropic. These drugs as well known to cause risky behavior such as compulsive gambling or shopping sprees. Autism Capital recently shared an account from an ex-FTX employee recounting how SBF encouraged extreme use of stimulants:  What is particularly notable, however, is SBF’s usage of “patch[es] for … stimulants.” In a follow-up Tweet, Autism Capital reports that the patches are Emsam (US brand name for selegiline), a MAO-B inhibitor used to treat Parkinson’s which increases levels of dopamine in the brain. Dopaminergic medications for Parkinson’s disease have long been associated with extreme risk-taking. Overall, it seems very likely that SBF’s propensity to take extreme levels of risk was elevated to preternaturally high levels via heavy, habitual usage of amphetamines and selegiline, causing him to rationalize nonsensical strategies as optimal via convoluted “linear wealth utility” reasoning. Note that PD medications have also been strongly associated with the development of compulsive shopping. FTX’s massive spending on advertisements and branding partnerships may very well have been a ploy to attract deposits, but it may also have been driven, in part, by SBF’s continual abuse of these drugs. For example, there are reports that a $12 million ad campaign with famous Japanese baseball Shohei Ohtani was killed after a single day on air. Similarly, FTX acquired naming rights to the e-sports organization TSM for a stunning $210 millionーfar out of line with comparable deals in the e-sports industry. Even his property acquisitions are stunning, with a reportedly $200m real estate portfolio in the Bahamas. These cannot be rationalized as risky bets with positive expected value, and only make sense in the context of executive management which is either incompetent or, as we suggest, literally drugged up and on a multi-year shopping spree.
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LOL I'm jealous again at Dude's jetsetting life. |
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Bitcoin doesn’t care about your country, religion, race, or creed.
Bitcoin is for everyone.
Dan Held
Apparently on/off ramps in EU care very much where you're from... I think these are real... and probably cheaper than $1.5 million added bonus... they float at angle less than 45 degrees...  I enjoy long walks, so these things all look like prison cells to me... |
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