Wait does this mean you think crypto trading is the future too or is it only specific super bowl ads that dictate your admin's policy?

as predicted 🤝🤝

As war starts in Europe, I am thinking of Tony Benn's speech in the house of commons in 1998. Deeply saddened for the people in Ukraine.

ELON TOLD THE PLEBS TO BUY DOGECOIN AND THEN BOUGHT 1.5 BILLION DOLLARS OF BITCOIN LMFAO HE FUCKING HATES YOU

when i started building echo 2 years ago, i knew it had 95% chance of failing. to be honest, i couldnt really imagine any other outcome, but i thought at least it may be a noble failure worth attempting. i certainly didn't think echo would be sold to coinbase, but, here we are: today coinbase bought echo for ~$375m. echo will remain a standalone platform under its current brand for now, but we will integrate sonar's public sale product into coinbase, and likely introduce new ways for founders to access investors, and for investors to access opportunities into coinbase itself. over the years i have chatted to brian a handful of times, and mostly to complain at him honestly. i have always respected how brian would listen to an outsider chat shit at him on the phone and take the feedback seriously. now, instead of complaining, i will have the opportunity try to do the work to make things better. crypto itself has moved on a long way since we started working on echo. i guess partially this is because of the election result. but, i feel energised by a lot of the cool things being built in crypto again: hyperliquid, zcash, stablecoin supercyle, and so on. feels like a good time to be on the field instead of an idiot with a twitter account yapping nonsense. well, i guess i still will be that. anyway, job's not finished. onwards. oh fuck yeah, before i go, the final season of up only (now "unc only" due to our severe old age) will commence when we figure out who the guests should be lol cobber

Probably one of the most severe flushes I’ve ever seen on alts, I didn’t even imagine alts had this much leverage in them. It feels like someone got hit very hard and will see a large body float to the surface soon, reminds me a little of summer 2021. Good reminder to myself to own things that I am actually bullish on, and not things I am trying to shift on momentum. Some charts look like they’ll never recover, whereas some things look buyable for the first time in a while. When everyone is making hilarious amounts of money I am always tempted to start using leverage again. It is almost impossible to fight the feeling that you’re not making enough, or everyone else is outpacing you. Good reminder that fighting that feeling and avoid the wipeouts is worth it in the end. Check on your friends, likely a bad day for many. Personally, am concentrating my bags into the things I am happy to own for the next few years, and shedding the fat. Realised I own some assets based on not wanting to miss out, rather than on some actual thesis. Days like today are much easier for me if I think my bags will bounce back, and much worse if I’m losing money owning things I don’t even believe in. Don’t let a leverage blowup dictate your long-term views. The future is bright, good things to come, patience is rewarded. 嵐の後

My Bitcoin price target is $238,855. I arrived at this price target by googling the distance between the earth and the moon and converting it from miles to dollars.

When ppl claim this I always wonder how they think it happens, or have unrealistic expectations on how much $1bn actually is. I joined crypto with $200. If I held my initial bitcoin since then and never traded, I would have ~$300k. If, instead, from that moment I sold the top and bought the bottom of every crypto cycle on Bitcoin, and never paid any taxes, I would have ~$6m USD. If I put my entire net worth into the Ethereum ICO and never touched it, today I would have ~$150m pre-tax. While it was definitely possible to have made >$1bn with the opportunities in the market, these versions of reality would also require me to make no mistakes, and have no need to spend $ in real life, or take excessive risk via leverage. In reality, I grew up in a working class family. I didn’t have a trust fund and I had to pay off my student loan myself. I had a job at Tescos while at high school. After university, I needed to pay rent and fund cost of living and eventually buy a place to live. I worked at startups for relatively little $ salary, and while a couple have done okay, they still are illiquid and worth nothing until some exit. Perhaps if I erase a couple of dumb mistakes and drawdowns, or if I had a lil more grind, then my answer would be different today. But it is easy to say this with perfect hindsight vision. It’s easy to see where you could have optimised better, and decisions you made look dumb when the past makes things so obvious. The truth is I have always optimised for enjoying my life and not going to 0. I never felt like I had a safety net, so it was never possible for me to do anything in any other way. I would probably have less money if I had tried to add more risk or chased $ harder, because being all-in with your entire livelihood is a mental battle and I feel I only win that battle when the stakes are lower. In writing this, maybe I do understand why CT folks believe this, because modern CT sees crypto as a late-stage lottery ticket farm, where the optimal strategy is to 5x leverage up your portfolio in a hope of catching a good 20% move and then leaving. Or, literally going all-in on the next coin they heard Ansem is buying. So perhaps to them, looking back at the charts, of course that’s what successful folks did. In reality, I use leverage close to never (and typically to reduce risk rather than add risk — have used it to add risk maybe 3 times in the last 5 years, and maybe 15 times ever). I never go all-in on anything, have only ever done that on BTC and ETH before in the last decade. When I buy other things, I limit risk to tiny amounts, because I treat it as a 0 until proven otherwise (so, always <1% liquid portfolio). Liquid portfolio is also a smaller % of overall portfolio to future-proof against my own fuckups. Obviously I made a lot of money, I have been here 12 years! CT doesn’t want to hear about “getting rich in a decade” though. I am happy with where I am and have never really cared or optimised for maximising $ earnings, but instead having a nice life that lets me enjoy the game we play together.

Now you can pay $90 to tip someone $5! 🙌 thank you twitter!

Instead of calling the top every day maybe u should call your mother and tell her u love her

I have returned after 7 months of no tweeting.

How it started / how it’s going

Found an influencer I don’t like’s plot of land in a particular metaverse project. Have purchased all the land surrounding it and am constructing a “prison” structure.

Found an ETH address that bought hundreds of thousands of dollars of tokens exclusively featured in the Coinbase Asset Listing post about 24 hours before it was published, rofl

My statement on previous comments

Can't believe Biden's executive order requires every household in America to market buy 1 bitcoin within 60 days or face severe consequences

Nobody cares anymore

Yes, you did lose all your money. But it’s not just about the money. You also spent years of your life researching internet coins and alienated all your friends.

This appears to be the first recorded case of NFT utility in existence 👍

2) The

The billionaires multiplied wealth selling sugar to children, selling addiction to teenagers, selling adverts to people that can’t afford to consume. They mixed entertainment into the news, removed the truth & decayed reality. None of them wanted us to have semblance of freedom.

SBF wrote a 700 word thread and managed to leave everyone even more confused about what actually happened 👍

We pay our debts that’s why I’m raising the debt limit cos we ran out of available debt due to not paying back the debt we currently have so we can have more and definitely pay it off later btw just not right now

Oh my god he copied the shill email into the tweet "They raising 240k, if they raise it after your tweet - will get you 24k" LMFAO

oh my god

I had "fuck you" money but now I got "I apologise for my previous actions, I was having mental health issues" money

Markets dumping cos Biden wants to increase taxes on capital gains is funny. "He wants to increase taxes, what shall we do? I DUNNO, QUICK, LETS ALL CREATE A TAXABLE EVENT BY SELLING"

Can someone get SBF to come on Up Only so we can actually ask him real questions, these hosts are morons and don’t even understand how exchanges work to ask relevant followups

PayPal going to zero as investors find out it hasn’t been used by anyone that had any other choice since 2011

Bitcoin is going to be the #1 asset by market cap in existence on planet earth. It becomes clearer with every asset that it flips. The target is clear: we dethrone gold.

Got a 6 figure SOS airdrop, web3 is such a scam, wish they'd just sold my personal data to global megacorps instead, happy christmas

Crypto dot com accidentally sent 80% of their cold storage ETH to Gate and then … asked for it back???

They’re doing everything to bury this ghislane maxwell trial from news cycle innit. Rittenhouse trial, new variant, crashing the markets

I firmly believe that to reach 100-200k per bitcoin we need to absolutely obliterate everybody with a blow off top and longer-than-normal sideways so everyone thinks it is "over" and hype dies down. eg. Blow off top to 50-60k soonish and consolidation/sideways until October.

Yo just tell us how you lost 10bn dollars you fuckin cock cheese

gm

After that, think @saylor is more of a chad than ppl realise too, really enjoyed the origin story of non-scalable revenues being eroded by monetary policy leading to bitcoin reserve asset -- what a cool insight for a CEO to have and execute on, big respect. Thanks for coming on

Oh my god

Facebook "Meta" going to zero as investors learn the metaverse literally doesn't exist

Can someone that knows @saylor pls ask him to come on Up Only soon, would love to chat to him about how he thinks abt drawdowns / idea of bear mkt. IMO way more interesting to hear than when mkts are just going up Also dont know how to follow Vitalik episode any other way

A msg from SBF on FTX slack that got leaked to me by some telegram anon, have verified its real w another

"I am going to make the most of my 30s" > pandemic > global lockdowns > matrix 4 released > macroeconomic collapse > world war 3 > climate refugee > artificial intelligence takeover > alien invasion > human blood used as biofuel in the robot vs alien war

Pedophiles on this app are communicating with each other using the term “yap” (young aged person). Please be aware of anyone attempting to buy and sell “yaps” and do not interact with them. Online safety is important.

It has been 3 years since up only ended. I was in my 20s when it started, now I have grey hair. We will rename it Unc Only and I will spend $25m on cosmetic surgery. See ya soon

Man please fuck off

Thursday on Up Only is @VitalikButerin btw lol

What if gold beats eth to 5k lol

Thanks for letting us know after the price moved. Blessed 🙏

Bybit has to rebuy $1.4bn of ETH. It would be a shame if the price doubled.

If the Alameda/FTX hole is too big for Binance, maybe they can cover up to eg. $250k per user. Saving the entirety for smaller accounts (ie. people who actually "need" the money) and letting the larger ones eat L and just take Alameda to court or smth

Happy all time high to those that celebrate. Thoughts and prayers to the haters and losers that have been calling the top weekly for a year. Please don’t feel so stupid or insecure, it’s not your fault!

Bitboy running around the Bahamas trying to track down SBF and finding pills in his car is actually very good content, cannot deny

The more things change, the more they stay the same

Up Only with @saylor on Wednesday

Ten years since I first bought bitcoin. What a weird and wonderful ride, cheers :)

Lmao

If you were bearish at the top, you’re allowed to remain bearish after 50% market-wide drawdowns if you are so inclined. If you were bullish at the top, bullish all the way down but suddenly bearish at -50%, are you really bearish or simply a bitch?

.

Glad we kept the market impact to a minimum 👍

I noticed that Axie bridge was exploited for $600m 6 days ago, so I shorted AXS with high leverage I was early. I executed quickly, like the expert traders taught me Within 24 hours I was liquidated because nobody else noticed the hack for 6 days and the price pumped instead 🙌

Arthur can’t do show today, am going back to bed. In my decade of crypto, think this exchange rug is by far the worst ever. Almost no time to react and lots of long-term and smart crypto ppl impacted by it.

gm to everyone except bitboy

Warren Buffett is right. Bitcoin is rat poison. And the banks are the rats.

UST is only like 15% backed by Bitcoin whereas the Great British Pound is 100% backed by nothing

The man who kept clicking is the man who won it all

Maybe will just assemble a team and publish free crypto research so that ppl don’t have to pay for paid groups or watch TheMoonCarl on youtube anymore. Does any VC want to fund my new business, there is zero opportunity to make money but it will be great for ur brand

Just turned 29, have been trading crypto for 9 years now!

Only one man can save it now

the main takeaway from the elon/tesla thing is simply "lmao" 1. how did they not know before? lmao 2. what due diligence? lmao 3. "energy per transaction"? lmao 4. "we are not selling any" u sold some like two weeks ago. lmao 5. <1% energy altcoins. lmao 6. notes app. lmao lmao

In hindsight, the richest man in the world going on American television to pump dogecoin was a hell of a signal

I mined my first Bitcoin in 2006 I bought the Ethereum ICO in 2013 I cofounded Solana in 2015 Now, I'm starting my biggest project in years: decentralized cinema Taking back the power from AMC, Cineworld & Odeon is the most reflexive bet on the future of entertainment.. (1/7)

What would be the benefit of lying about dismissing the lawsuit? Potentially to dissuade any further crowdfunding for Atozy’s defence? Cobie Capital will commit an additional $100k to Atozy’s defence.

Trading the metagame - cobie.substack.com/p/trading…

Why tf are FTX deposits still open, why can u sign up for a new acct!?

I have found my hero

I am feeling happy and optimistic about the future

In February 2021, Solana was worth $5 and Cardano was worth $1.30 Today, only 10 months later, Solana is worth $202 and Cardano is worth $1.43 Big gains across the board 🚀🚀🚀

If the tariffs on China reach 1000% we will do an episode of Up Only

I am feeling happy and optimistic about the future

I mean

btc >100k, doesn't matter who wins, probably just impacts how quickly it happens and where else we go on the journey

ill send 100k or somethin later when at pc

The hackers must have been framed I can’t believe these people controlled keys worth 4bn in bitcoin

The merge

I know hundreds of normal people financially free thanks to web3. Not VCs. Not founders. Just people that farmed airdrops and bought some tokens. Don’t know anyone that is financially free thanks to web2 except founding teams and financiers.

I would like to cancel our meeting. Thank you.

This is the best rug ever

The way I see it, it’s up to us now, prob can’t sit around on the benches anymore; to the arena