H.E. MIC (🤖,🤖) ⚔️

@MIC_btc
Chaos is limited to a given observer's ability to understand.
H.E. MIC@MIC_btc10/05/23
holy shid it's habbening 🤯🤯🤯🤯

$ARENA is doing everything right in terms of building the business

SO let's do a break below this triangle and get the biggest panic sell event of every single person that even thought of selling

All that remain will be valiant bulls

$ARENA

I need some way to hedge $ARENA

Market structure is complete ass now, and 80% of you are wiped which sets up a NO BOUNCE situation

Great project and I want to stay in but I expect another 30 days of absolute bloodshed, and that's being optimistic

So what's the move? Pointless to feed the fire by selling. No way to...

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we're very close to the point that there simply wont be any sell pressure on $ARENA

tsk tsk

naughty lil jeets all of ya

One idea i have for $ARENA is derivatives, kinda like credit default swaps

People agree to pay a premium to have garaunteed liquidity at a given price, likely something like a 90 day moving average or VWAP

It's an ongoing contract, not like options that decay in premium over time. you lock up collateral...

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y'all monkeys get no bananas 🍌🐒🚫

if you monkeys sell below this, no bananas for a week

end of an era

are we totally cooked?

@HackermanAce