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@0xmagiclines

2,639
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Trader, co-host @alfalfapod and Irresponsibly Long podcast

Friend.tech
Joined December 2012
Don't wanna be here? Send us removal request.
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@0xmagiclines
STEPHEN ๐ŸŒพ
5 months
I do a weekly live stream to chat about markets and draw lines on charts. You can check it out every Thursday at 5 pm on the Irresponsibly Long YouTube Give us a follow if you're not already doing so! It would be greatly appreciated! ๐Ÿค ๐Ÿ‘‡
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
Little known fact: You can own both $SOL and $ETH at the same time and feel good no matter which coin pumps.
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
@RobertKennedyJr we truly are living in a simulation
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@0xmagiclines
STEPHEN ๐ŸŒพ
10 months
Remember when 80% of you didn't buy $25k BTC this summer when you knew Blackrock was coming? Remember how obvious that looked in hindsight? $ETH just broke out of a nearly 2 year accumulation range and everyone here is calling it dead Forever a step behind See you at $4k
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 years
@nntaleb @joerogan No, itโ€™s not. Thatโ€™s a terrible analogy. Bring back Antifragile Taleb, please. I donโ€™t know who this guy tweeting lately is.
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
Itโ€™s hard for me to imagine a scenario where $BTC doesnโ€™t ultimately reach $180k. Given my bullishness on the ETHBTC chart, that would put $ETH targets at roughly $22k and $28k respectfully Might be first cycle where most sell way too early.
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@0xmagiclines
STEPHEN ๐ŸŒพ
1 year
Me and the boys when BlackRock also files for an $ETH etf next week
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
This man thinks $ETH is a commodity. Place your bets wisely.
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
Narrator: ETH did not come home
@intocryptoverse
Benjamin Cowen
2 years
Time to come home #Ethereum
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
Last cycle people were kinda delusional with their predictions. Now everyone left has PTSD and a $7k $ETH price target. Gives me hope that a generational blowoff top to $40k is in the cards with some decent probability. ๐Ÿ™
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
ETH at $3k is a hilariously easy bet. Worst case here is you stomach a few months of volatility to make 100-200% in a year or so Best case is that was the bottom and it rips to $40k during a multi year super cycle as ETF approved in May and Blackrock tokenizes everything
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
Current moment really giving me summer 2023 vibes. Blackrock tokenizing assets on ETH, Fidelity/Grayscale adding staking to ETFs Yet ETH bleeding, everyone in disbelief of ETF, some feelings that bull market is already over Writing is on the wall, guys
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 months
$ETH ETF Day 1: $1.3B in volume (28% of BTC flows) Greyscale outflows 38% of volume (50% for BTC) During the SLOWEST time of the year ETHBTC +4.12% Bears are [redacted]
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@0xmagiclines
STEPHEN ๐ŸŒพ
1 year
This is moronic. You guys really want a global money base where one dude controls 1% of the ENTIRE SUPPLY? JFC
@BitcoinMagazine
Bitcoin Magazine
1 year
MicroStrategy now owns 1 out of every 150 #bitcoin that will ever exist ๐Ÿคฏ
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
ETH/BTC looks so bullish I can hardly contain myself. Kamikaz soon in disbelief
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
Vanguard banning Bitcoin likely goes down as one of the worst business decisions of all time. Imagine alienating the entire next generation of your customer base. Vanguard is the Bud Light of financial institutions.
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@0xmagiclines
STEPHEN ๐ŸŒพ
3 months
The era of $BTC dominance is over All hail the era of $ETH dominance Orange coin, "ETH Killers" and FDVC scams will now face brutal draw downs vs the one true king Make sure you are positioned accordingly
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
So, you guys voting Trump yet or are we all still in denial?
@WatcherGuru
Watcher.Guru
4 months
BREAKING: ๐Ÿ‡บ๐Ÿ‡ธ President Biden vetoes bill that allows highly regulated financial firms to hold #Bitcoin and crypto.
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 months
$ETH ETFs saw $590 million in inflows today if you ignore Grayscale $BTC ETFs received $750 million on day 1, ignoring Grayscale, during slow season Grayscale outflows are finite. How is this not insanely omega-bullish?
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@0xmagiclines
STEPHEN ๐ŸŒพ
11 months
Solana bulls continuously point to $ETH gas fees as a reason to buy $SOL I see low gas fees as a great reason to build on and use Sol, but itโ€™s also the reason IMO that high token prices canโ€™t be permanently sustained. SOL is going to be a great cycle trade but I think tbd
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
Imagine the disbelief on the TL if SEC approves a staking ETH ETF in May
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@0xmagiclines
STEPHEN ๐ŸŒพ
5 months
ETHBTC For nearly 2 years, shorts have had a completely free ride. Down only, no highs swept When we reclaim the midrange, the reversal is going to be biblical. Study beach balls underwater
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
The $ETH god candle is brewing. I can feel it in my bones.
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
Some of you really think $ETH is dead after all these years because it underperformed in the 1st 2 months of the bull market
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
Think ETHBTC is finally poised to rip. Expecting 20%+ move up pretty rapidly before pullback and then face-melting rip into the end of the cycle
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
In trading, the news is designed to MANIPULATE you. Study what cannot be manipulated: $100m verifiably deposited on chain Study $COIN last July Study 577-1
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@0xmagiclines
STEPHEN ๐ŸŒพ
11 months
$ETH under $3k is free money As we approach $3k, you will endure progressively greater pain in search of an entry. Nothing will seem like "value" to you and you will watch helplessly from the sidelines as we rip higher, ultimately capitulating at the top like you always do
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
MAKE ETHEREUM GREAT AGAIN
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
Absolutely hilarious that theyโ€™re gonna just let us accumulate ETH under $5k like this. Gonna be like when they gave us 2 weeks to buy $COIN last summer when it was obvious it was about to pump into the stratosphere
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
The comments section of literally every Bitcoin post right now
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
Itโ€™s easy to look back on prior cycles and ask how ppl believed such silly narratives. In the future, ppl will ask why so many thought the inflationary coin w no utility was going to win over the coin that had so much demand for blockspace it deleted billions in supply per year
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
So to recap: BTC ETF is live Bankers about to relentlessly market our bags Circle IPOing ETH etf in 3-6 months, setting off years of alt ETF speculation And timeline wants to panic sell now. You ppl have the attention span of a goldfish and the hands of a toddler โœ‹๐Ÿป
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
ETH/BTC bottom is in. Enjoy Q1
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
Can't believe I was a bear for 6 hours today. Disgusting behavior.
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
Iโ€™m still overweight ETH and think takes like this age beyond horribly
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
I have achieved the perfect portfolio balance of BTC/ETH/SOL/Memes/Cash Everything the market does, I am indifferent to This must be what nirvana feels like
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
Surely it could not be as easy as rotating everything back to ETH for January yet againโ€ฆright?
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
$ZYN good meme IMO Added to the port
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
As anticipated, possible generational $ETH entry brewing here this summer. Bullish quarterly, monthly, weekly levels all in alignment. Bidding my face off below last week's low for $7500 and beyond
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@0xmagiclines
STEPHEN ๐ŸŒพ
1 year
Reminder that at this point, every dollar $ETH goes lower marks the most disconnected it has ever been, and likely ever will be, from its fundamental value. Patience.
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
Sheโ€™s probably just really good at compounding
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@0xmagiclines
STEPHEN ๐ŸŒพ
3 months
If Ansem gets incinerated shorting the market as ETH rips to ATH and SOLETH falls off a cliff then this really is the most entertaining timeline.
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
Itโ€™s $ETH szn boys LFG
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
They havenโ€™t even started cutting rates yet. Iโ€™m literally shaking rn.
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 years
I'm seeing this a lot. My understanding is that prior to EIP-1559, there was a "hack" of sorts you could use that allowed you to deploy smart contracts when gas was cheap and later destroy them when gas was high, netting you a refund.
@MoonOverlord
moon
2 years
$ETH on chain contract activity at a 5 year low
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
$7500 seems like a good number
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 years
Chat GPT makes a compelling bull case for @pudgypenguins
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
k I think we gotta bid ETH here at $3080 god help me
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
There is no ETHBTC bull case
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
The year is 2034. The Blackrock ETF just passed $10 trillion in aum. All worldwide financial assets are settled on chain Emperor Trump just shilled his 9th NFT collection in the SOTU address The govt has forgiven all debt and printed $500T. $ETH price hits $420,690
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
Bitcoiners rn: โ€œTradFi people? They wonโ€™t buy an ETH ETF. They barely know how to tie their shoes! Honestly itโ€™s a miracle most of them are even potty trained! BTC is all that their delicate 69 IQ brains can comprehendโ€
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@0xmagiclines
STEPHEN ๐ŸŒพ
3 months
Just checked the charts. ETH still looks bullish af Back to playing pickleball
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@0xmagiclines
STEPHEN ๐ŸŒพ
1 year
Been doing a lot of useless shit posting lately so prob time for a (long, sorry) thread to actually attempt to help some people out. I present to you: "Why everything is still fucked and none of you are going to make it this year โ™ฅ๏ธ" ๐Ÿ‘‡
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@0xmagiclines
STEPHEN ๐ŸŒพ
10 months
1) What
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
2 months before the halving and $BTC is already almost at it's $69k ATH $420k this cycle would be fitting The most entertaining outcome is the most likely
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
Interesting timing on the date thereโ€ฆ ๐Ÿค”
@JthingJ
JUSTallowing
6 months
โš ๏ธThe London Stock Exchange decided to open crypto ETN products for trading on May 28. โ€”Reuters
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 years
@0xgodking Sirโ€ฆ
@0xmagiclines
STEPHEN ๐ŸŒพ
2 years
@jay_ftx AMEX currently does about $900B a year in settlement volume and trades at $100B mcap w 1.4% yield. ETH is $145B market cap w $630B settlement (last 7 day annualized). ETH would be <$600 if valued similar to AMEX (Not saying it should, just offering perspective)
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 months
@Evan_ss6 Fixed it for you
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 years
I invested $121,450 into a cartoon JPEG in the middle of the worst bear market of our lifetimes. Please follow me for financial advice ๐Ÿค
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 years
Gm just realized I have 12 rogs I forgot about
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
Big day today, boys
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 months
$ETH has already broken out and reclaimed the breaker While it's possible we see another liquidity sweep before higher, I think this thing is primed and ready to send. Been fully deployed for a couple weeks. Targeting $5k, $7k, then re-evaluate
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
How to have a great 2024: 1. Wake up tmrw and slide bar to the right on $ETH $OP $ARB $LDO 2. Log off โ€˜til Christmas
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
Super grateful for the incredible community weโ€™ve built on the @alfalfapod Gonna be awesome to see everyone who stuck it out make it in this bull market. You guys rock โœŠ๐Ÿผ
@TrustlessState
DavidHoffman.eth ๐Ÿฆ‡๐Ÿ”Š
7 months
The @alfalfapod community is one of the best in crypto Signed bottle of whisky for the hosts, from the listeners
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@0xmagiclines
STEPHEN ๐ŸŒพ
1 year
Stocks are poised to rip to new ATHs and beyond Tradfi crypto stocks have been in major uptrends for months There is close to a 90% chance we get an ETF in the next year Bitcoin is trading at pre Blackrock levels WAKE. UP.
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@0xmagiclines
STEPHEN ๐ŸŒพ
3 months
2 Lines for your consideration $ETH
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
Alright Iโ€™m back from vacation guys. I didnโ€™t miss anything impt right?
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
I have clearly spread baseless FUD about the $PUFF community. As penance, I have doubled my $PUFF bag We simply like the cute dragon
@puff_drgn
Puff
6 months
Please RT to create awareness of the injustice against us on Bankless. They are trying to send Puff Price to ZERO!!! These vile and baseless accusations by @0xmagiclines and @TrustlessState are frankly disappointing to see. Ignore the FUD Puff fam. Simply: 1 $PUFF = 1 $PUFF
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
I am irresponsibly long $OP, please pump this god forsaken coin
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
The track record for DJs-turned-crypto-influencers isnโ€™t great Looks like we arenโ€™t reversing that trend any time soon
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 months
@casper_smc My guy, showing a screenshot with a 9 trade sample size is not helping you
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 months
I honestly hate this stupid fking asset so much and Iโ€™m sorry for telling all of you to buy it Also not selling ๐Ÿ–•๐Ÿป
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
Iโ€™m a simple man. I see White House tweet. I market buy $COIN calls.
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
The year is 2034. The Blackrock ETF just passed $10 trillion in aum. All worldwide financial assets are settled on chain Emperor Trump just shilled his 9th NFT collection in the SOTU address The govt has forgiven all debt and printed $100T. $ETH price hits $420,690
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
Iโ€™ve sold all my $SOL and opened a 100x short collateralized by the deed to my house and my gfโ€™s car
@Jason
@jason
9 months
What are the top three applications built on @solana based on DAUs/MAUs?
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
Closed all leverage. The amount of retardation on this app from ppl who joined in โ€˜21 and think theyโ€™ve solved the entire space has reached deafening levels. We need a cleansing fire before we can once again head toward Valhalla
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
Narrator: โ€œIt was not gloriousโ€
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
I donโ€™t know who needs to hear this, but ETH is still not coming home
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 months
I love this industry. Iโ€™ve dedicated > a decade of my life to studying and trading it. Iโ€™ve spent the last 3 years watching the current administration attempt to choke the life out of it, gaslighting the fk out of us the entire way. There is a 0.0% chance I vote for Kamala.
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 years
@sassal0x Iโ€™m not a buyer until we are negative, personally
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
What a difference 6 months makes eh? Friendly reminder to the newbies that nobody you follow on this app has any clue what theyโ€™re talking about Think for yourself.
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@0xmagiclines
STEPHEN ๐ŸŒพ
5 months
Considering just putting everything I have into ETH.E at this point. If this discount maintains and you get mid $2k's again this summer it's prob the greatest trade ever offered to mankind
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@0xmagiclines
STEPHEN ๐ŸŒพ
3 months
I remain extremely bullish on $ETH and $BTC These levels are a gift Lower is a gift Pump it
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@0xmagiclines
STEPHEN ๐ŸŒพ
1 year
Do you like watching me Tweet about lines on charts? Well, now you can watch me draw them live. Excited to announce the first ever #MagicLines stream today on YouTube at 2:30 PST Give my account a follow on there and turn notifications on! See you all soon!
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
Are memecoins actually investible assets or are we just having fun playing musical chairs? I had a great convo with @ledgerstatus on @BanklessHQ Let me know what you think!
@BanklessHQ
Bankless
6 months
PREMIERE: Memecoin Debate: ๐Ÿ‘ผ Good or Evil? ๐Ÿ˜ˆ @ledgerstatus from @UpOnlyTV thinks they're financial nihilism that creates room for bad actors & grifters @0xmagiclines from @alfalfapod thinks they're something to appreciate & celebrate Which side are you on? Dive in ๐Ÿ‘‡
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@0xmagiclines
STEPHEN ๐ŸŒพ
5 months
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 months
Gm and God help us
@WatcherGuru
Watcher.Guru
2 months
JUST IN: Spot Ethereum ETF trading officially live.
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@0xmagiclines
STEPHEN ๐ŸŒพ
5 months
Happy $COIN earnings eve everyone! Canโ€™t wait to unwrap my brokerage account tmrw morning and see what bald @brian_armstrong got me ๐ŸŽ What do you think we open at Friday?
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@0xmagiclines
STEPHEN ๐ŸŒพ
5 months
There's no way they actually give us this setup again, right? $BTC
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@0xmagiclines
STEPHEN ๐ŸŒพ
9 months
@markjeffrey Brother. Literally the entire logic behind BTC approval was that there was a CME futures etf already. ETH has one. No other coin even has CME futures So yea, thereโ€™s a pretty damn obvious distinction there
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@0xmagiclines
STEPHEN ๐ŸŒพ
10 months
I'm actually seeing ppl on my timeline shorting this $BTC chart. You guys ok?
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@0xmagiclines
STEPHEN ๐ŸŒพ
5 months
$ETH weekly is going to look very good assuming we don't dump into the close Retest of trend RSI nearly reset Stoch bottomed and ready to cross Similar stoch setups saw 100-165% recently, and those were not in established bull trends like we currently are in $6k next?
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
That was the bottom, right? I can retweet this without crashing the market, right?
@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
k I think we gotta bid ETH here at $3080 god help me
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STEPHEN ๐ŸŒพ
4 months
Iโ€™m gonna keep taking it easy for a while guys, so no IL streams for a bit. Will give you a heads up when Iโ€™m recharged and ready to return. ๐Ÿซก
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@0xmagiclines
STEPHEN ๐ŸŒพ
4 months
Politicians on all sides have finally come to the realization that there is significant political downside to being anti-crypto and virtually no upside. This now also aligns with the financial interests of their largest political donors. Easy mode has been initiated ๐Ÿ“ˆ
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
Imagine how redacted you have to be to pay 20x revenue for NVIDIA instead of buying $ETH at $3k
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
Rest in pieces shorts
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@0xmagiclines
STEPHEN ๐ŸŒพ
2 months
Blackrockโ€™s ETH ETF saw a quarter billion in inflows today. Thatโ€™s >50% the recent average inflows for their BTC product If these numbers hold once Greyscale outflows dry up, the fireworks are going to be spectacular
@JSeyff
James Seyffart
2 months
UPDATE: First full day of flows for the ETHness stakes are in. The Ethereum ETFs took in $107 million. @BlackRock 's $ETHA lead the way with $266.5 million followed by @BitwiseInvest 's $ETHW with $204 million. Very solid first day
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@0xmagiclines
STEPHEN ๐ŸŒพ
6 months
@puff_drgn @TrustlessState To the $PUFF community, I deeply regret my words and the pain they have caused. I now see the error of my ways. 1 $PUFF = 1 $PUFF
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
We are in the midst of a violent repricing of the entire crypto market. Nobody on the sidelines gets in til itโ€™s finished. You love to see it.
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@0xmagiclines
STEPHEN ๐ŸŒพ
7 months
The market is relentlessly bidding ETHBTC, now up over 20% since the ETH launch in spite of relentless daily inflows. But sure, fade billions in capital because a lawyer on a Twitter tweeted. Pure cope
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