A thermostat keeps room temp at a steady 23°C When temp drops, the heater turns on. When it rises, the heater turns off. If you naively plot temp vs heating wattage, they look unrelated. But one is clearly driving the other. Important to remember when one looks at mkt flows

i wake up. something’s wrong with the clock on the wall. the numbers are jumbled. my hands aren’t right. i tell my wife. she responds: “that’s not just an observation—it’s a powerful insight.” i scream.

This is how the alt treasury company scheme works : > Company ABC trades on Nasdaq at $10M mcap, with a share price of $10 > The company "raises" $100M from investors/VCs at its current $10 mkt price > These investors hold almost all of the company as a consequence > The company acquires $100M of an altcoin to become a treasury company (most scammy scenario is when the investors are the ones "selling" their locked tokens to the company) > mNAV is close to 1x when this deal is done privately > The deal is announced publicly > Retail can start aping into the shares of this company > The share price quickly goes from $10 to $30 because of the announcement > All early investors are sitting in a risk-free entry at $10 (risk-free because it's almost backed 1-to-1 by the altcoin treasury) > The next wave of retail starts buying at $30 minimum, ie 3x mNAV+ > 3 months later, the shares of the initial investors are unlocked, and the most mercenary ones will dump ruthlessly, and repeat the scheme with as many companies as possible Some people have understood that it's a guaranteed-profit loop that they can rinse and repeat as long as the market still pumps the new altcoin treasury names. There are a lot of opportunities in the crypto treasury plays but you must be aware of this dynamic going on against you if you are the retail that does not have access to the private deals. Also be aware that this scheme can be used to get rid of locked altcoins in some cases.

people are paying $5 for $1 on the open market crime is legal ath's everywhere my seed bags - "we are waiting for the right market conditions to begin the IPO pathway"

nearly every aspect of the analysis is wrong but arrived at the right conclusion 10/10 would get baited again

Watching the White House test in production after doubting the grok answer

there's a BYBIT $20 SPOT TRADING FEE SAVER VOUCHER VALID TILL 12/08/25 in your computer, you just gotta press the right combination of buttons

VNTGPRN waking up and seeing CT ask each other if they got Filled last night

“Very little back in return” is also how his investors described the NOPE ETF.

in a stunning turn of events, the onchain SOL experience was better than CEX lmeow: SOL tx's went through easily, UI worked fine, meanwhile bybit had multiple order failing, and capping ppl at $200k/order simply meant more 5x more clicking for those trying to fill their 1m cap