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macrocephalopod's profile
macrocephalopod
macrocephalopod
macrocephalopod
@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. Robot James  🤖 🏖‏ @therobotjames Feb 14

      Robot James  🤖 🏖 Retweeted macrocephalopod

      Smart octopushttps://twitter.com/macrocephalopod/status/1493480142873710596 …

      Robot James  🤖 🏖 added,

      macrocephalopod @macrocephalopod
      Replying to @therobotjames @skyquake_1 @0xdoug
      Nothing to do with block time. Bitcoin (and other cryptos) are risk assets and they are correlated to ES/NQ. Risk asset px discovery happens in the index futures, which tend to lead all other risk assets. Crypto is just a particularly extreme example of this.
      3 replies 0 retweets 26 likes
      Show this thread
    2. Robot James  🤖 🏖‏ @therobotjames Feb 15

      Robot James  🤖 🏖 Retweeted macrocephalopod

      This is mostly the bit I wanted you to read:https://twitter.com/macrocephalopod/status/1493481199259557891?s=20&t=5WwTV__4y-Rkid5zv8VVYA …

      Robot James  🤖 🏖 added,

      macrocephalopod @macrocephalopod
      Replying to @macrocephalopod @therobotjames and 2 others
      A crypto MM can’t immediately adjust their prices to follow ES because they would then be offside relative to other MMs — eg if ES is up a lot, an MM can skew up but they can’t increase their bid past the best offer without becoming a taker.
      1 reply 0 retweets 15 likes
      Show this thread
    3. sasuke ☀️420‏ @sasuke___420 Feb 15
      Replying to @therobotjames

      if it's the land of <5bps fees, i would simply become a taker. but there are other lands.

      1 reply 0 retweets 3 likes
      macrocephalopod‏ @macrocephalopod Feb 15
      Replying to @sasuke___420 @therobotjames

      Maker/taker fees mean there’s an interesting land where it’s not worth canceling a passive order but also not worth becoming a taker (you know this obv … but for the crowd)

      12:34 AM - 15 Feb 2022
      • 6 Likes
      • miquel malaga Guilherme Notari Costa π* | totlsota | ¤ Tho Do swaps 𓂀 Robot James 🤖🏖
      0 replies 0 retweets 6 likes

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