@cryptic_monk Profile picture

Cryptic Monk

@cryptic_monk

Guess who's back?

Joined May 2017
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Hey, @Dolomite_io, is your homepage bugging out or did you suddenly turn into that fabled liquidity black hole?

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Me trying to figure out whether it's finally time to go long $STRK (it's not).

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USDT borrowing cheaper than lending on Compound, truly a new financial paradigm.

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Impact of future catalysts on $ETH price (NFA): - FED uses Ethereum as settlement layer for US CBDC: $SOL pumps 4% - France decides to become an Ethereum L2: $SOL dumps 1% - China accepts ETH as legal tender: $SOL pumps 12%


Cryptic Monk Reposted

I haven't been in crypto for long (really since 2017-ish) but I don't get all the nihilism — the current state of things is actually quite amazing you have Ethereum, Solana, L2s, New L1s, and even Bitcoin enabling cool playgrounds for developers to build new things and…


Cryptic Monk Reposted

I’m more bullish than I have ever been about crypto. I have been building @Circle for over 11 years, and at no time have I been more optimistic than right now. I also believe that the overwhelming majority of people have an extremely narrow and limited understanding of what’s…


Your bags are not overvalued, it’s the war in middle east that makes prices go down. Keep buying the dip.

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Cryptic Monk Reposted

have to hand it to @labsGFX they really in the governance arena trying things too bad all their sensible ideas get voted down right now they are working on offboarding Monetalis, one of MakerDAO's RWA custodians that never produces any reports

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Former believers talking about ETH like it’s some failed ICO project from way, way back.


My ETH investments are with great LRT ponzis. They will come back.


Protip: if your chain has 60M rapidly decreasing TVL and your VC slop token is currently breaking new lows, do not go on X The Everything App to claim that your faltering ecosystem nailed several global verticals. Study memetic marketing, study not having a purpose.


My retirement plan is to trade countries like shitcoins based on Twitter sentiment. According to my sophisticated analysis, the US are in distribution here, China is slowly entering reaccumulation and Japan is Cardano.


Judging from the number of Burgers stunting on us, bottom might be in for Europe. Or top for the US. Or both.


Cryptic Monk Reposted

I've gotta rant about the state of crypto gaming for a second And no, it's got nothing to do with the games. For a while I've been meaning to write "How to Not Fuck Up in Web 3: From Traditional Gaming to Crypto" Not a thread, a full on BOOK. There's two things stopping me:…


Classical Mordor pattern on the $AXL chart. Salvation imminent.

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The real shovel makers in crypto are the quest platforms that enable founders to purchase activity on their developer friendly, infinitely scaleable rollup with low transaction fees and account abstraction.


The Solana outage seems to mostly affect ETH holders, judging from my timeline.


For a decade, every AR/VR device release goes like this: > „OMG I‘ve seen the future, I have to show this to my mother, wife, kids, I have to shout it from the trees and from every mountaintop! Gasp!“ > ??? > Device gathers dust on the bookshelf Will this time be different?


New chains are "a little for you, but more for me". Old chains are "I already got rich, you shouldn't".


There are already more ZK rollups than people who understand how a ZK rollup works. Be careful out there.


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