"99% coins are overpriced"
"We're buying $50m worth of $ETC"https://twitter.com/BarrySilbert/status/1406972064326639617 …
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I don’t understand “reputable” people buying eth classic. I must be missing some double secret Contra cheat code that turns it back to eth
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This is an easy strategy. You tell them its bad to increase your position
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Yeah while he deletes the rest of the tweets. Dude spends as much time deleting as he does tweeting.
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Damn is this Barry’s 500IQ EIP 1559 miner debacle play????? Kinda makes sense if ETH miners want to easily transfer over hash power
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The fund trades at a 30 discount NAV consistently. Redemptions are disabled. Probably arbing the spread themselves now.
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This was a fun trade, long the fund and short spot/futs over the weekend/evenings. https://ycharts.com/companies/ETCG/discount_or_premium_to_nav …
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For what I know he didn't bag the win (or at least he didn't tweet about closing that position). And if you know how
$UVXY works, then you know that decay is eating the profit away (esp with today's SP500 pump)Thanks. Twitter will use this to make your timeline better. UndoUndo
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How high are good coins gonna go if etc actually goes up
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