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The lengths us parents will go for our children knows no bounds.
A 5-year-old girl plunged 49 feet from a moving cruise ship into the open ocean. Her father heard his wife screaming and raced toward the railing, only to discover that their daughter was gone.
It happened aboard the Disney Dream near the Bahamas, where a family vacation took a terrifying turn when the little girl fell from the ship’s fourth deck.
When her father realized what had happened, he jumped overboard after her, plunging nearly 50 feet into the ocean. But when he surfaced, he couldn’t see his daughter anywhere.
He began desperately calling out for her, searching the water until he finally heard her calling back. He swam toward her and managed to reach her, but they were still stranded in the open ocean as the massive cruise ship began turning around.
For roughly 20 minutes, he kept his little girl afloat, holding her above the water until a rescue boat finally reached them and brought them back to safety.
Both survived, although the father suffered two fractures in his spine from the fall.
It takes an incredible amount of courage to jump nearly 50 feet into the open ocean, not knowing what awaits you below. But this father didn’t hesitate to put his own life on the line for his little girl. Thank God they both made it home.
So @binance may have actually made a killing today rather than being hacked.
$600 million in long liquidations is quite the motivation for money hungry powers to mess with the public.
Has there yet been any concrete proof of a @binance hack?
So far I don’t see any.
MMs playing games as usual is more likely imho.
Waiting to hear more.
Fyi, i have not panic sold anything.
A potential drop to 77K for bitcoin was very much in the cards so the news today in my opinion is just manipulation to liquidate longs.
Over $600 million dollars is a lot of motivation- though keep in mind that total is the total notional size of the positions that were forcibly closed (includes the leverage x’s). Not the actual capital put up by traders.
So when the positions get liquidated in reality, the exchange gets the total That the trader put up as margin.
Actual dollar amount the exchange gets is significantly less, but still quite significant. Could be $50 million could be $100 million etc.. I don’t think there’s any way to fully tell unless you’re part of the exchange.
Has there yet been any concrete proof of a @binance hack?
So far I don’t see any.
MMs playing games as usual is more likely imho.
Waiting to hear more.
Not hard to see the motivation for causing such an alarm.
Over $600 million in long liquidations is quite the motivation.
Eli Braver retweeted
This guy built a browser extension for SafeTrade and part of the code was written by a coding agent running on Qwen 27B served by a TensorCash miner with a receipt he checked himself.
Now look at what that means.
The useful part of TSC already works it is not roadmap or some kind of testnet. A miner served a real coding session, mined the chain with the same computation and the buyer could verify which model wrote the proven part. Independent benchmark last week showed mining adds between minus 1.1 and plus 0.3 percent GPU time to serving so the miner gives you inference and a proof for basically free on top of what he does anyway.
Web2 providers cannot do that, not the proof and not the cost structure. Their GPU earns only when a customer pays but TSC miners GPU earns block reward 24/7 and every customer is extra on top. His floor for a quote is lower than anyone who has to pay a GPU bill from inference alone.
Only thing that is missing is DEMAND. Capacity on the network today is worth around 2.1-2.3 million dollars a day at median prices but sold is still close to zero. So everything works it is just nobody is buying yet, but yet. That is the whole gap between a 30 something million market cap and whatever this becomes.
Here is also the part people have not understood. If you believe inference becomes a commodity you need a place to trade it, hedge it and leverage it. $TSC registered the INFERENCEFI asset on chain which will publish a daily index of what inference actually cost on the spot market with a CFD on it paying fees in TSC. Nothing like it exists anywhere I know of. Oil needed a futures market before it became a real asset class. This is that but for compute and very live on $TSC.
So you are not betting on a coin. You are betting that people will want to buy AI compute with proof and that somebody will want to trade the price of it. The first already runs the venue for the second is being built on the same chain. It is just early, quiet and boring time.
If you are an investor this is the window. You have a working product sitting there waiting for demand to arrive while the infrastructure around @inferenceFI gets built to a level where it can take a GLOBAL MARKET (bcs this mfers will not stop until they come for all global inference ). Will say it again this is bigger than any crypto narrative. This is a bet on how AI compute gets bought, priced and traded for the next 10 to 20 years. It is too early and that is exactly where the opportunity is. Golden days do not look golden while they are happening. Frontruning Tradfi in real time with $TSC anon ❤️
I built POW Valuation Lens so when I hover on any SafeTrade candle it shows me MC (at that day's supply via official stats) + FDV.
Used @AskTillyAI on Qwen 27B (Tensorcash miner) then built and finalized in Codex. Receipt covers one coding response.
People want to know when does Robinhood eco start having sustained token growth rather than a pump because Vlad or RH posted something.
The big question people have is how does RH get the liquidity back?
The current stocks and crypto market PA is much more about the corrective market overall - we did have a blistering hot bullish August, September, and part of October - and it is also due to the uncertainties in both the macro economic data of the world and geo political tension around the world.
Ultimately though it’s all down to the market makers.
The MMs.
They are in control. They decide when we go up and when we go down.
Not Vlad Tenev of Robinhood, or any chain dev/company.
and once the market goes up strongly all of the liquidity you’re looking for will come running into the market.
#SPX and #DXY are up.
Stocks, Bitcoin, Ethereum, crypto altcoins and the rest will follow imho.