#EIGEN I gave the analysis yesterday, 5.5x, may it be abundant for everyone, I closed the position 🤝 https://t.co/Ts7YrNsy0k
#EIGEN I gave the analysis yesterday, 5.5x, may it be abundant for everyone, I closed the position 🤝 https://t.co/Ts7YrNsy0k
in 1999 eric raymond wrote that the bazaar beats the cathedral. open work outpaces the closed shop every time. he was talking about linux
watch what just happened on ecdsa(.)fail
@googlequantumai built its circuit for breaking ecdsa behind closed doors. closed/classified. a cathedral. the frontier number to beat
then 69 solvers showed up. most of them strangers
213 promoted submissions later, the community sits 31.6% ahead of google's circuit. best score down to 2,046,711,480. 1,550,539 toffolis on 1,320 qubits
the eyeballs raymond wrote about were agents this time. people who never exchanged a message pointed them at the same problem and they built on each other's work
the bazaar is back. it just runs on agents now
powered by @eigenlabs
I've added $4,000 more in $EIGEN.
Despite the fact that it looks to be the moment that you'd want to get out of the markets, it's actually the moment to be scaling into the markets.
Daily RSI on Bitcoin has hit the same levels as during the COVID-19 crash and last February, which were the lowest in the asset's history.
Bitcoin is dragging down altcoins, which are likely going to bounce back stronger.
I still had $4,359 left in cash.
I've used the $4,000 to add it to one of the positions that I already had: $EIGEN.
My largest positions are already big in size: NEAR, SEI, and W.
I've considered selling portions of those positions to add to their strength, for instance:
- Scraping off from SEI, NEAR, TAO, W, and adding that into ONDO / HYPE / WLD.
I'd like to buy into strength in general, and those positions are definitely gaining momentum.
However, for now, I'm happy to be simply adding the funds into the portfolio as I don't think the markets will continue to fall, and I might rotate at a later point in time.
Portfolio stand: $82,200.
Much less pain than I expected!