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macrocephalopod's profile
macrocephalopod
macrocephalopod
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@macrocephalopod

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macrocephalopod

@macrocephalopod

Paul Allen, Vice President M&A, Pierce & Pierce (Sie/Hir) | Vegan | Silence is Violence | Women’s Rights Are Human Rights | ACAB (Assigned Cephalopod At Birth)

Joined December 2020

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    1. macrocephalopod‏ @macrocephalopod 16 Feb 2021

      macrocephalopod Retweeted Tyler Winklevoss

      It's not surprising to see a massive grifter says something false -- but in this case it's not only wrong, but the exact opposite of the truth.https://twitter.com/tyler/status/1361389203406340098 …

      macrocephalopod added,

      Tyler WinklevossVerified account @tyler
      The U.S. dollar is a risk-on asset, #bitcoin is risk-off asset
      2 replies 3 retweets 30 likes
      Show this thread
    2. macrocephalopod‏ @macrocephalopod 16 Feb 2021

      Chart below is correlation of BTC with SPX on five minute bars (each dot is one day, the line is a moving avg). Before Mar 2020, BTC was neither risk on nor risk off (uncorrelated with SPX) but for the last year it is very risk-on (positively correlated with SPX)pic.twitter.com/NGNJCnI1mV

      3 replies 9 retweets 58 likes
      Show this thread
    3. macrocephalopod‏ @macrocephalopod 16 Feb 2021

      Chart below is the same thing for USD, which was weakly correlated with SPX before Mar 2020, but is now heavily risk-off, i.e. the dollar rises when SPX is down and vice versa.pic.twitter.com/xGx0K0Qjhu

      1 reply 0 retweets 13 likes
      Show this thread
      macrocephalopod‏ @macrocephalopod 16 Feb 2021

      What have we learned? 1. grifters gonna grift 2. buying BTC as an end-of-the-world hedge is fucking stupid 3. Math is cool.

      1:43 AM - 16 Feb 2021
      • 1 Retweet
      • 33 Likes
      • cautiouslyPessimistic jess tanaka Scott Borden 🟧 ฿lock 2 Chainz ⚛️ BΞN C◎X zach
      5 replies 1 retweet 33 likes
        1. New conversation
        2. 𝘊𝘩𝘳𝘪𝘴𝘵𝘰𝘱𝘩𝘦𝘳 𝘔𝘰𝘪𝘳‏ @thousandairefx 16 Feb 2021
          Replying to @macrocephalopod

          I wish HODLers and bugs alike would just be honest and say they want to make money. #antivirtue

          1 reply 0 retweets 0 likes
        3. CryptO(Ψ)‏ @noneSoVolatile 16 Feb 2021
          Replying to @thousandairefx @macrocephalopod

          Yep. There's no shame in making money. Really looking forward to the bear market though

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. Tong‏ @o_wutang 16 Feb 2021
          Replying to @macrocephalopod

          Buying BTC is only a hedge for BTC price going up

          0 replies 0 retweets 4 likes
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        1. Survival of Fittest‏ @ErsoyACIMIS 17 Feb 2021
          Replying to @macrocephalopod

          Thanks, cool short thread. Are you saying BTC holders buy SP when BTC rises ? As we used to see Similar in crude.

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. Cinglein‏ @cinglein 22 Feb 2021
          Replying to @macrocephalopod

          Out of curiosity, where do you find the data for this? Anything possible to get for cheap or for free?

          1 reply 0 retweets 0 likes
        3. macrocephalopod‏ @macrocephalopod 22 Feb 2021
          Replying to @cinglein

          you can go to http://cryptodatadownload.com  to get minute bars for BTC, not aware of any free index data but several vendors will sell it for a reasonable price eg you can get minutely SPY prices from http://algoseek.com  for less than $50

          1 reply 0 retweets 2 likes
        4. Show replies
        1. Gamma.Pehelwan‏ @Dhritiman_Ch 22 Feb 2021
          Replying to @macrocephalopod

          Very very cool. Loved it. Simple metrics like corr coeff are excellent for their intuitiveness.

          0 replies 0 retweets 0 likes
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