Optimistic Skeptic
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Joined February 2011
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we are 540 days away from halving, what's the event that gg to bottom us?
bitcoin bottoms have consistently hit ~17 months before the next halving
last 3 cycles + events:
jan 2015 (~$175) → 17.8 months before 2016 halving; bitstamp hack + mt. gox fallout
dec 2018 (~$3,180) → 16.9 months before 2020 halving; ico bubble collapse + crypto winter
nov 2022 (~$15,700) → 17 months before 2024 halving; ftx collapse
was thinking about this, the best way to get ppl to forget about the 10/10 bad incident, is to re-create 10/10 into a green day.
testing liquidity for 10/10
Ethena’s USDe Briefly Plunges to $0.92 on Binance Before Rapid Recovery
Ethena’s synthetic dollar USDe briefly fell as low as 0.9202 USDT on Binance’s USDE/USDT spot pair at around 1 p.m. on Sept. 22 before quickly recovering to about 0.9996 USDT.
The move came shortly before Binance began a scheduled infrastructure wallet upgrade at 2 p.m., during which deposits and withdrawals across all networks were suspended for about an hour, while a broader system-maintenance window runs through 5 p.m.; spot and futures trading remain unaffected. There is currently no evidence linking the USDe price dislocation to Binance’s maintenance.
ohm/klima/esd/dsd/rome worked in 21/22 cause market participants were groomed from balancer/uni/yfi, but right now participants are at most just dogs/cats/bike-tyson
