ernest (@0xErns) profile picture

trading @galaxyhq | views are my own

Singapore
Joined January 2021
$MU Micron bears think SCAs cap the upside. They’re missing the cleanroom. You can’t flood memory. HBM eats ~3x the wafers per bit. Greenfield fabs take 2–3 years. And every AI bit shipped removes commodity supply. Take-or-pay may cap the peak. It also amputates the trough. And Nvidia already locked the choke point. HBM4 ships into Vera Rubin first while everyone else fights for residual allocation. Plain compute wants to commoditize. Memory is the physics wall. Memory Wars anon – at Manhattan, NY
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CITADEL WARNS OF SEPTEMBER RATE HIKE RISK Citadel Securities says markets may be underestimating the risk of a Fed rate hike as inflation proves more stubborn than expected. Strong wage growth, resilient demand, supply-chain strains and booming AI investment are keeping price pressures alive. Prediction markets are already shifting, with traders increasingly betting the Fed’s next move could be a hike kalshi.com/search?q=hike&ord…
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ernest retweeted
Okay but what of the frau?
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the gap between implied vibes and realized vibes seems to be widening
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It is rather unfortunate you lost your son’s college fund at the roulette table last night but I hope you noticed how smoothly the wheel was spinning and how efficiently the dealer scooped your chips off the table
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G fking m
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BTC ETF net inflows peaking ~$1B has been an accurate LTF top signal for the past year - 6/7 times this happened, price ended up trailing down for next 3-5 days. Green bar - BTC net inflows Orange line - BTC price Raw data from @SoSoValueCrypto
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🔴 CANADIAN TRADE BALANCE ACTUAL -1.52B (FORECAST 3.5B, PREVIOUS 3.97B) $MACRO
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ernest retweeted
if you add up the valuations of movement and berachain right now, you get jupiter
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If you made life changing money this past month, remember to engage in massive lifestyle inflation because you will definitely keep making this much money forever.
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Every bull market need a sacrifice, thanks for selling the bottom of DeFi to rotate aggressively into meme. Amen.
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For Women at Token 2049 10 Types of Crypto Bros You Will Meet 1⃣ The Touchy Feely Always wants to hug. Put his hands around your waist for photos. The more extreme ones get gropey when they start drinking. Nice excuse! 2⃣ The Namedropper Knows this project’s founder, knows that fund’s CIO. Probably not much going on in his life if he has to shill someone else’s achievements 3⃣ The Flexer Collect so many branded NFTs. Got into a memecoin so early. Wears web3 merch. He wants you to know. But wealth is quiet, rich is loud, broke is flashy 4⃣ The Rizzer He read The Game one time and then looks for openings to neg you. Aims to be the one giving you his approval, which you don’t need. Juvenile 5⃣ The Tryhard Wears shades indoors, at night. Loud when surrounded by friends. Loneliness and insecurity lead to this type of behavior. Empathize if u can 6⃣ The Autist No eye contact. Very shy. Can have good insights. Stepped out of his comfort zone just being there. Introverted is not automatically negative 7⃣ The BD Goes straight into his pitch so he can put you in his CRM. It's the pressure from his boss. Can be a bit aggressive, but just doing his job. 8⃣ The Community Guy When you both exchange Twitters you see you already have 500+ mutuals. Professional gm-er. Build relationship with them. 9⃣ The Builder Gets into techy conversations. Passionate about his work and mission. Burns out social battery at events. He rather be coding. 🔟 The High Value Man Could be an investor, founder, cult leader, something of that sort. Everyone’s trying to grab a photo with him to post. Rarest to meet, obviously.
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Bitcoin is down 2.5% today, about 0.30% more than Nasdaq. It’s supposed to be a safe haven asset. It’s time to admit the experiment has failed.
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Which way, cryptographic man?
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can damian DO SOMETHING??
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My dude I learned from one of the top 4 traders of all time: Hal Press I have flipped bias 4 times since breakfast
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Sure - the thread is rolling at teapaw.org/innercitypress/status/…
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Replying to @Fiskantes
Don't you think tokenized tbills solve this to some extent? Yield-bearing stablecoins from off-chain sources to be used in DeFi to enhance yield (in a transparent, scalable way). This can mark the beginning of stablecoin inflows which will benefit everyone.
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Lido, $LDO, is one of my favorite examples to use as an explainer to LPs and newer entrants to the industry that are curious about liquid markets. What seems like a consensus "long"* for crypto couldn't paint an uglier truth in terms market performance.
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