Author: Got Money, Got Honey!

Crypto: Educated Criticism or Professional Larper?

“If you don’t understand how fiat money works, you’re not qualified to judge whether cryptocurrency will be successful or not, period.” And that’s the gist of this article, which I fully agree. People that I’ve talked to that has pushed back hard against crypto will usually give the same arguments that people were already talking about in 2012. “Something so volatile cannot be money.” “People will not use it.” “Governments will not allow it.” Tell this to anyone who is deeply involved in crypto right now, they’d probably snort. Most people cannot understand the concept of money, and worse,...

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G, should I buy back crypto?

Hello my intelligent and astute readers of my dying blog. I hope those of you that follow my twitter are amused but also educated by the content that I pump out. Anyway, just want to say, wew look at crypto. woke up this morning and looked at the charts Dec 18 hella looks like the bottom to me, so i decided to buy a boat load of ETHhow much? well let’s just say with that purchase alone, i could run **a few** staking validators pic.twitter.com/dHcbKNPGBm — 찌 G じ (@DegenSpartan) February 3, 2019For context of those tweet above, see...

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Uber / Lyft IPO

Lyft performance since IPO:Investing in millennial brand name companies have been a fantastic recipe for disaster. Look no further than Go Pro to see how terrible it would’ve been. Anyway, just wanted to put this out here. — Colin Charles (@bytebot) April 14,...

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US Govt Bonds have a 0% Chance of Default

Not I say one, but former Fed Chair Alan Greenspan say one hor. You can’t make this up.Former Chair of the Federal Reserve of the United States A.Greenspan:“The United States can pay any debt it has because we can always print money to do that” pic.twitter.com/ioxOplSEh5 — Fractalwatch (@Fractalwatch) March 28, 2019 If you need more money, just print more money lor, easy...

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DGD holders all just had a collective brainwave

The reddit thread in question is here. Here’s the tl;dr cos I know y’all lazy:– OP is a DGD whale since ICO– OP has market made DGX at losses– Digix team too humji to take risks– a lot of holders want to call it quits– a lot of holders want to be able to withdraw ETH from the DAO Guess what? Not going to get approved. You don’t have to look too far to find out how concentrated ownership is. Y’all lazy so more math from me:51% is held by the top 10 addresses.67% is held by the top...

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Can’t Get Caught Without Any Evidence

Interesting news piece.You know, governments REALLY hate it when you move money around which you didn’t pre-apply for approval? Hehe. There’s both an exhilarating sense of freedom and fear when you own cryptocurrencies. Exhilarating freedom that you can just up and go anywhere and disappear with all your networth.Exhilarating fear that 1 missed character or 1 misstep gets all your crypto stolen or destroyed. You know who should be knowing how much, when and to whom I’m sending money to? Or receiving money from? Mr. NoneOfYourFuckingBusiness For countries with extreme capital control measures and forced their citizens into holding...

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Singapore Yield Curve How Ar?

Come, today Brother G make you smart. 1. Go to here: https://secure.sgs.gov.sg/fdanet/BenchmarkPricesAndYields.aspx 2. SGS Prices and Yields – Benchmark Issues 3. 2018 > Nov > 2019 > Mar > Daily 4. Click “Display” Magic. Interesting dates: 29 Nov 20181Y = 2.04%2Y = 2.02%5Y = 2.17%10Y = 2.40% 31 Dec 20181Y = 2.04%2Y = 1.88%5Y = 1.90%10Y = 2.04% 25 Mar 2019 (Today)1Y = 1.99%2Y = 1.90%5Y = 1.92%10Y = 2.04% Does anyone know what this means? I try to explain it to you. Today, if you lend the gahmen money for 1 year, you will get 1.99% APRToday, if...

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Dat Inverted Yield Curve

US yield curve inverted this week w/ 1-yr yield moving above 10-yr. Last 3x that happened after long period with + slope…1) Dec ’05 (S&P peak: Oct ’07, recession: Dec ’07).2) Sep ’98 (S&P peak: Mar ’00, recession: Mar ’01).3) Jan ’89 (S&P peak: Jul ’90, recession: Jul ’90). pic.twitter.com/IaP12TGd6g — Charlie Bilello (@charliebilello) March 23, 2019 Presented without...

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Hyflux Horrors in 2019

Y’all know, I generally don’t poke my nose into other people’s shit. But Hyflux is one of those stinking shits that smell so terrible, it’s hard to ignore. So I heard from Bloomberg today that investor’s might lose up to 90%? I think the better report is actually by CNA which works out the min/max that can be recovered, which is between 5-15%. People can discuss and argue all they want: about what they think the government should bail out, why it should be bailed out, how it’s a small sum to bail them out, how NOT bailing out...

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Crypto Markets Thoughts Mar 2019

For the people following my tweets and retweets on Twitter, I doubt you’d gain much from this post. Perhaps just a more organized and presentable format than Twitter which is a very haphazard medium. Recently, the biggest discovery for me was the Uniswap AMM model. Basically its an algorithmic automated market maker. It’s is very interesting for several reasons. First off, it’s rent-free. This means that the developers make absolutely nothing from its success. They managed to build it because they were given a grant by the Ethereum foundation. Basically, they created a token-less, rent-free model of Bancor. The...

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Last call to re-evaluate your DGD thesis

As some might recall, one of the biggest and most profitable crypto trades that I made was with DGD that I started buying in mid 2017 which I sold in Apr and I finally exited my position in Sep 2018.I explained my thesis when I sold off my position in Sep 18. Since then, the price of DGD has cratered 43% in ETH and 55% in USD. Won’t toot my own horn because everything is in a bear market, but yes, I believe that DGD’s issues are not systematic and there are unique problems that it alone has. I...

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Calling the Bottom…

in COE prices. Charts from here. I’ve talked about COE before a few times, like in 2018 and way back in 2015. Honestly? If you’re one of those kind of “guys” that get a hard-on for cars (they actually look at the cars at the car show, not the car girls), now is a pretty decent time to pick up a car, with COEs this low. Personally, I don’t really get it. I don’t like the luxury and status of owning a car. Why attract gold diggers? There are girls who literally exclude dating guys who don’t own cars....

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Short Rant on Crypto TA + some decent Quant Research

One of the problems regarding crypto is that because it’s so nascent, people are struggling to (1) understand wtf it is and (2) develop a logical framework to evaluate it. You’ll see that many people QUICKLY come to the conclusion that it is worthless because there is no valuation framework. *snorts* Well, I can see why a lot of people have this misunderstanding. They are reading trashy clickbait news articles or reading sarcastic tweets by pseudo-anonymous twitter accounts (like mine). Most of the “analysis” on cryptocurrency is unfortunately, technical analysis, and…. ba dum tss Useless. Whoa whoa whoa whoa....

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2019 Here We Go!

Gonna make it quick. I’ve been getting a lot of flack lately from everyone about how badly crypto is doing. Didn’t I say to prepare yourself for sickening volatility?And you’d need to have the big balls and brain to ride out any volatility and hold the right things? Well, apparently some people took it that crypto is a 100% sure way method to make 100x your money in 1 month or less. Sorry ladies and gents, this isn’t a late night TV infomercial and you’re not buying a product from me. There is no returns. No money back guarantee....

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