Category: Got Money Got Honey

Quick Updates

Crypto markets are dropping and I’m busy wearing my helmet catching falling knives.

Lots of interesting progress are being made on the tech front. Lots of trash also raising obscene amounts of money.

I’m rather busy doing a few personal crypto projects.

Things ought to be quiet on my front for a bit while I busy myself making money.

I shall report back triumphantly about my endeavours as I’m done with each of them.

One week on and I’m already at 1% of my $50,000 goal. Steady as she goes.

$500 in a week from clicking here and there, best sidejob ever lol. Also, it’s been a slow week. Things ought to pick up next week, heh.

Remember guys every time someone kills themselves due to bear market the bitcoin they held is basically burned

Bullish.

— Roy Blackstone (@StartaleTV) June 11, 2018

Things You Could Never Imagine

what the hell is going on pic.twitter.com/4CB7RVpzFV

— Jill Carlson (@_jillruth) June 12, 2018

“I’m watching Donald Trump, the current President of the United States meeting with North Korean leader Kim Jung Un for a peace treaty in Singapore, on CNN with commentary from Dennis Rodman wearing a marijuana ICO cryptocurrency t-shirt.”

Never thought that this is real life eh?

Well, it is, lol.

Random Sunday Crypto Musings

Ethereum is deliberating about lowering Casper staking from 1500 ETH (~$1.2 million SGD) to just 32 ETH in Casper + Sharding (~$25,000).Owning a sharding validator might be like owning an apartment building in NYC.I’m psyched to run an ETH sharding val…

Bitmex CEO Podcast

This is Arthur Hayes, I’m a business man not a priest, CEO of BitMEX.

— Arthur Hayes (@CryptoHayes) April 11, 2018

Did you see my ride today at #Consensus2018 ? pic.twitter.com/qGznsNMgWo

— Arthur Hayes (@CryptoHayes) May 14, 2018

Really really good podcast by the CEO of the biggest Bitcoin exchange by volume who was previously a banker in Hong Kong.

Yes, Bitmex. The exchange that allows you to go X100 on a position, to unleash your true degen form.

This is a podcast where I found myself nodding in agreement regarding how simple trading strategies that have been completely eliminated in the traditional world still works extremely well in the crypto space. The past month I’ve made over 10 ETH manually arbing by executing by hand – so I can confirm that this is true. Obviously, opportunities like that will narrow and disappear as the space matures.

In the tail end part of the podcast, he talks about government issued digital currencies and I find his view to be extremely similar to mine – where crypto runs parallel as an alternative to crypto-fiat, instead of total replacement. Hence, my personal bias towards censorship-resistance and privacy to counter the surveillance and restriction of movement issues that will be coming.

His take on most current ICOs being “total dogshit” is same as mine – I am extremely selective for the ICOs that I personally take part in. I have also been echoing the view that the current shift of most ICO allocations being swallowed up by VCs doing SAFTs will get them rekt. I really detest the way that a lot of projects are going about with their ICOs recently.

This is one of the best podcasts that I’ve heard and it reinforces a lot of my views. Maybe mid month I can push out and share a post to be just in time for a nice mid year recap with all the knowledge I’ve been accumulating so far.

Those Damn Digital Tulips

Initial coin offerings (ICOs), sales of cryptocurrency tokens to the general public, have recently been used as a source of crowdfunding for startups in the technology and blockchain industries. 

Even after imputing returns of -100% to ICOs that don’t list their tokens within 60 days and adjusting for the returns of the asset class, the representative ICO investor earns 82%.”

Worth the risk?

That’s a question for you to ask yourself.

Sauce?

Academic paper.

Nuff said.

Interesting IMF Homepage

Do you see something?Here’s the link for yourself. Link 1 for the homepage, and Link 2 for the landing page for their Publications section where it is the lead article for June 2018.I wonder what this all means.Legitimacy for this rat poison digital no…

How To Lose 99% in Cryptos in 3 months

Step 1Don’t read articles by this egotistical blogger like this one warning about shitty ICOs.Step 2Choose a project based on amount of bonus tokens.Only the best of the best projects give bonus tokens.More bonus, more betterer, right? The betterest, I…

Why Crypto-Securities will be YUUUGGEEE

Why?This whole damn post, that’s why.You can either go, “Meh, stupid blog post with a link to another article. I’m not going to read it.”Or you can click it, read it, and then later go, “Oh shit, HOW DO I INVEST IN THIS?”.Sometimes I don’t know what it…