September 13, 2024

Newsletter #302 - Fighting Back

Hey Shitcoiners,

A spicy newsletter awaits but before that, be sure to check out the latest episode of Wage Cucking With Jmo! This week Jmo and Andreas caught up with CL207. Learn about the origins of cat, his trading style, thinking about charts during sex and hyper wealth discussions.

The bears were out in full force over the past couple of weeks. We needed a catalyst to restart the up only. It would come from an unlikely source as news of Trump being shot at, but surviving, sent us back to $60K.

In case you were unsure, this is bullish.

Who needs news when you have memecoins?

Fight!

In the aftermath there were important discussions to be had. The next wave of hyper wealthy individuals may earn their fortune in the memecoin markets. We must respect their opinions.

The whole situation raised some serious security questions. Certik may be making a pivot into event security.

Speaking of security, the Secret Service agents who looked a little clumsy as shit went down are being likened to traders on pump.fun. Pew! Pew!

Bears cannot be trusted.

One man who is massively relieved Trump is still around is Ross’ freedom rests on Trump being alive. GMI.

Word on the street was that Trump was playing golf the morning after the attempt on his life. Doubts were cast about whether he would be scaling back public appearances. It turns out not. Trump at Bitcoin 2024 is on!

What exactly is the plan in Nashville? Allegedly some very big news is brewing.

If you are in Nashville you can also grab a photo with the President. Is this deal a steal?

Image

News also emerged that JD Vance would be Trump’s VP. Brb, increasing leverage.

Wen JD Vance burnt TV?

The news just keeps getting more bullish. Arthur’s Maelstrom Fund are launching a Bitcoin Developer Grant Program. Devs are getting paid!

While the US may be contemplating keeping all of their seized BTC, the German government have finished selling theirs. They will be back and may have to buy in when the price is a few more x’s higher.

If you caught the Wage Cucking episode this week you will have seen plenty of GCR talk. This is ETF GCR. Pump it.

To some crossover now. Who knew that men’s fashion and CT could collide with such an unlikely duo? This is the ratio we don’t deserve.

Image

Speaking of vaccines, Vitalik is saying things on Twitter that some think are best left unsaid. Bearish.

We are so conflicted.

Choose your fighter.

In other founder news, Andreas made a podcast appearance this week!

Despite the bullish price action we are seeing, let’s not forget that things haven’t looked great as of late. On the news of $6B moving out of an Mt. Gox cold wallet, the price tanked.

Imajin the balls.

Is Mt. Gox priced in?

We hope so.

If you were unlucky enough to have funds on both Mt. Gox and FTX at the time of their respective collapses, we salute you. Ryan Salame was getting more heat this week as some discrepancies around his time at the latter were highlighted.

Your funds are locked in gaudy, but pricey DC suburb real estate now.

In a popular segment each week, we showcase the latest big hacks. In the last couple of days WazirX got rekt.

And Zach thinks the Lazarus Group might have something to do with it.

We haven’t heard much about Craig Wright recently but this week was big. We can feel him seething from here.

RIP.

Many are as bearish on CSW being Satoshi as they are on this latest campaign from Coinbase. NGMI.

We round this one off with an important message. This is the final boss. Avoid liquidation and you will soon reach Valhalla.

And that's all for this week! See you next time.

Team Shitcoin.com