• 2 Posts
  • 12 Comments
Joined 1 year ago
cake
Cake day: June 30th, 2023

help-circle



  • who tf is this?

    They’re a self-described gay, furry ex-mormon who seem to have latched onto the rat & rat-adjacent communities (like EA) in the hope of finding a substitute for the certainty they used to find in religion. Last I heard they work for the Blocked&Reported podcast, i.e. Jesse Singal et al., alongside their job in the US military. (edit: their Twitter claims they’re a law clerk? I guess they moved on.)

    On the surface they seem well meaning but naïve, the company they keep (perhaps) being a reflection of that.








  • Who knows? It’s a classic “buy the rumour, sell the news” stock story though, so there’s something about human psychology right there.

    BTC shills are always pushing for the next big thing that will pull the mass buyers in. ETFs were going to be it this time around. I suspect a lot of people were holding onto BTC / not selling into the recent run-up in the hope they were right. If it turns out that there’s no demand there’s an awful lot of selling pressure out there: Miners are holding a lot of stock & the halving that will halve their income is only a few weeks away.