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After shilling only 3 things in the past period: $ZEC, $HYPE and $NEAR, Hayes dumped all 3 of them.
They are all crashing heavily as we speak:
$ZEC -33%
$NEAR -25%
$HYPE -14%
The critical bug found in $ZEC, very understandable that he sold it. The other 2 are fundamentally not different from last week when he called it the holy trinity.
I find this extremely fishy behavior.
Arthur Hayes
The Holy Trinity is dead. Sadly due to the Orchard Pool exploit, I had to dump our entire $ZEC bag.
- While I think it's extremely unlikely of any minting, it cannot be formally cryptographically proved impossible
- The privacy from AI, govt, big tech narrative demands perfection not improbability
- I read about the exploit yday, and didn't appreciate how it violated my narrative mental map. The 30% dump, made me rethink, and I had to take profit on the entire position
- We will consistently re-evaluate our thinking and if my assumptions are proven incorrect, will rebuy, hopefully at lower prices.
- Privacy is priceless and I have no issue eating humble pie and rebuying much higher.
We still hold $WLD and are excited for Lord Elon to pump our bags.
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