Some thoughts on TERRA 2.0.

(Probably won’t win me any points with the community and will definitely hurt my bags!)

A thread 🧵…

1/ Crypto is all about a magic combination of:
- identifying ideological problems.
- creating a technology to solve them.
- building a community of passionate developers to build amazing products to solve the problems.
- building a passionate community of investors and users.

2/ $LUNA did all of this around the problem of centralized, collateralized, stable money. Developers, Investors and users all wanted a truly decentralized stable money! (And they also wanted to earn 20% on it risk free 🤣)

3/ A movement was started around a UNIQUE COMMON PURPOSE AND MISSION.
Developers did their thing, passionate VC’s followed with money and investors and users that believed in the mission (or just 20% returns) followed passionately.

4/ The experiment failed! Just like 90% of the other experiments will fail. Only this one failed at size and failed much faster than anyone could have imagined! Anyone! It’s dead.

#BankNifty breaks importance resistance of 34800
Expect Banks to do well in June, similar to recent rallies in global banking names (Citi, JPM, Wells Fargo etc)

Possible targets

ATTENTION REFRACTORS: Important information on the upcoming Terra snapshots for Prism $LUNA derivative

The governance proposal for a Terra v2 fork has been passed today. The proposal outlines how tokens for Terra v2 will be distributed, details of which can be found here:

The PRISM vault contained approximately 6m $LUNA at the time of the initial de-peg on 7th May & over 13m $LUNA currently.

It has been confirmed that holders of $cLUNA & $pLUNA at the snapshot dates will qualify for both the pre-attack $LUNA & the post-attack $LUNA snapshots.

This includes any $pLUNA or $cLUNA that was being provided in liquidity pools, $cLUNA in the process of being unbonded & $pLUNA being provided as collateral on Edge Protocol.

Both $cLUNA & $pLUNA will be considered equivalent to 1 $LUNA for the purposes of any snapshot.

Notably $yLUNA is not included in snapshots by those indexing for Terra v2. The reasoning behind this is that $yLUNA represents entitlement to the yield of $LUNA, whereas $pLUNA represents the underlying ownership of $LUNA, as described in the Prism docs.

1/8 Terra 2 airdrop on May 27th. 70% for community airdrop. 30% for comm fund.

Terra 2 = community + decentralization.

How much LUNA will there be at genesis? What will the price be? How much will be dumped? What about the VCs from Terra 1?

Let's talk airdrop allocation. 🧵👇

2/8 First of all, when you receive your airdrop it will be in a bonded state, i.e. it will be staked.

To transfer it you will have to unbond, which takes 21 days.

So for the first 21 days, the only liquid LUNA on the market will be the 5MM from the developer allocation.

3/8 How much supply will hit the market 21 days after launch?

Here's a key piece of info:

For pre-attack LUNA, only addresses that had less than 10K LUNA will get the genesis unlock. That means only 6.45% of LUNA pre-attack is eligible for the genesis unlock.

That means...

4/8 Genesis unlock amounts per category:

pre-attack LUNA: ~6,811,200
pre-attack aUST: 30,000,000
post-attack LUNA: 30,000,000
post-attack UST: 45,000,000

Total genesis unlock: ~111,811,200 (12% of total supply).

(Total supply of new LUNA = 1 billion, by the way.)

5/8 What does this mean?

It means the VCs and whales, who had most of their wealth in LUNA with addresses that had more than 10K, will not get anything until their 1 year cliff hits.

Terra 2 will be 100% community built, owned, and used for the first year.

1.
What is right about going to your boyfriend's house to cook his meals.

When I hear guys invite women to their houses to help them cook, I get irked. Without gainsaying, I get pissed because I feel like it's a play down on my maturity as an adult that I can't cook d food I eat

2.
While I was a bachelor & staying alone, I never had any girl come to my apartment to cook for me, and even when some offered to give their culinary services, I rejected it.

Though, that's personal.

3.
But my aim of writing this RANT is to remind a lot of men reading this post that, it is not your girlfriend's job to cook for you!

A lady said to me sometime ago, that her boyfriend slapped her because she was a bit behind schedule to come cook for him.

4.
Imagine the guts!

To slap a lady because she wasn't at your place on time to cook for you?

I keep wondering how women put up with all these rubbish in relationships. Honestly, if I were a woman, many men will avoid me. I will take nothing less than a sensible man.

5.
I've always said that any man who cannot cook as a bachelor is probably or likely to fit into this category. Any man who cannot do home chores is not ready for marriage.

Many men marry because of their inability to cook, wash and do home chores.

#DIVISLAB

If it gives a closing below 3788.95, then it's a slippery slope ahead towards the marked levels on chart.

#StocksToWatch

1
The Greek Parthenon (447 BC) was desecrated & converted into a mosque by Ottoman Turks in 15th c. When Greece gained independence, Greeks destroyed the mosque to restore Parthenon back to its full glory. But when Hindus ask the same for Gyanvapi we are called intolerant.

2
The Parthenon (447 BC) built on the Acropolis hill is regarded as the finest example of ancient Greek architecture. It was a temple complex with shrines to goddess Athena & associated gods, creatures & heroes. The Parthenon was converted into a Christian church in 6th C. CE.

3
In 1456 CE, the Turks invaded Athens & Sultan Mehmed 2 forcibly converted the Parthenon into a Mosque, using parts of the temple itself. Many ancient sculptures of Greek gods were destroyed, Christian icons whitewashed, windows blocked up & watchtower converted into a Minaret

4
Just like Visheshwar, the mosque was built on top of remains of the temple, as a trophy of Islam’s conquest over Christianity & Pagan gods. The ancient sacred sculptures were smashed to bits & their marble limbs, torsos & heads were burned in a kiln to provide lime for mortar.

5
The ancient Erechtheion north of the Acropolis, which was the shrine for a giant statue of Athena, was converted by the Muslims into a sex harem for Turkish soldiers. The Temple of Athena Nike was dismantled & its blocks used to make structures to store guns & ammunition.

Madhava was regarded as medieval India's best mathematician and astronomer. In the late 14th century, he created the Kerala School of Astronomy and Mathematics in the village of Sangamagrama in Kerala, near India's southern point.

#Thread

Even though almost all of Madhava's original work has been lost, he is credited as the source of several infinite series expansions (including the sine, cosine, tangent, and arctangent functions, and the value of π),

which represent the first steps from traditional finite algebraic processes to infinite considerations, with implications for the future development of calculus and mathematical analysis.

Unlike most prior societies, which were wary of the concept of infinity, Madhava was more than willing to experiment with it, particularly infinite series.

He demonstrated that, while one can be approximated by adding a half plus a quarter plus an eighth plus a sixteenth, etc., the precise sum of one can only be obtained by adding infinitely many fractions.

Option Buying Strategies (Long Volatility Strategies)
These Strategies to be followed when you expect Big moves or increase in Volatility.

A Thread🧵:

Simple Long Call:

View: Very Bullish
Strike: Can be ATM, ITM or max 1 Strike OTM.
I don't recommend buying deep OTM options, it is pure gambling or Lottery buying.
Reward: Unlimited upside
Risk: Premium paid
POP: Low

Simple Long Put:

View: Very Bearish
Strike: Can be ATM, ITM or max 1 Strike OTM.
I don't recommend buying deep OTM options, it is pure gambling or Lottery buying.
Reward: Unlimited downside
Risk: Premium paid
POP: Low

Simple Long Call:

View: Very Bullish
Strike: Can be ATM, ITM or max 1 Strike OTM.
I don't recommend buying deep OTM options, it is pure gambling or Lottery buying.
Reward: Unlimited
Risk: Premium paid
POP: Low

Call Debit Spread:

View: Bullish
Strike: Should be selected such that max profit is at least 2x of max risk
Reward: Limited
Risk: Limited to the net premium paid
POP: higher than pure call buy
Margin: approx 18k per lot required

How to find #Stocks for Short Term Momentum

A thread with 10 Screeners 🧵🧵🧵

Kindly Re-Tweet like for Max Reach 🙏

1) For Short to Mid Term

2) 52 week Breakout

3) Bollinger Band Breakout

4) Short Term BO

1. Helmut Voigt was a professional
He was on the run with several false passports
living under a false identity in the port city of Volos
He was caught when his wife Carla visited in 1992 with a tracking device hidden in her luggage
He was arrested at the hotel Balasca in Athens

2. The Hotel Balasca, just a few minutes walk across the park from Larissa Sation, then hop on the train back to Volos with dear Carla

3. Volos
A pleasant enough place to hide away from the past
...and the

4. The Red Star

5. “He is,” says a former Stasi major appreciatively, “the perfect secret service man. An absolute professional. ”

In 1930, a British officer working as a SI (Sub Inspector) in a police station committed suicide (which is now called one town police station)

Our gods and goddesses are generally despised by British people. He mentioned Ammavaru once during a conversation with others.

#Thread

People around him cautioned him that talking about Ammavaru in that manner was inappropriate (Kanakadurga Devi)

"I'll talk to her and see what she does," he replied. He proceeded to take recklessly.

After coming home, he discovered that his wife and four children had contracted smallpox and were in a dreadful state.

When he left for work in the morning, they were all doing fine. However, by the time he returned home, they were all in bad shape.

He became terrified, realized his error, and dashed to Indrakeeladri. He pleaded with Ammavaru and offered her Sashtanga Namaskaram.

"O, mother! Please forgive me for my blunder, which I made because of my false ego. Please help me save my wife and kids."

He promised himself that if Ammavaru saved his family, he would rejoice.

#Elliottwave as taught by me in 2009

https://t.co/tRVnRo6EdN

https://t.co/JPDry7FsjW

https://t.co/SP9yio8IPs

https://t.co/Wi4PzCxwPh

Take your time & go through them at leisure🙂🙏 https://t.co/MhqBWdSC5O

Nifty made a bullish kicker pattern in daily TF; this pattern has triggered lots of bullish reversal across instruments in the past.
Location of price action signals a short term bottom as price is too oversold and available at major support
#Nifty