“now we're trading fucking, I don't even know. We got an oil barrel in the background, and we're long Marvell. We're long Marvell.”
ThreadGuy holds Marvell for AI exposure and explicitly did not sell despite the post-earnings dump, holding it longer than any stock he has held. Clear long.
“the problem of Saylor now is that you gotta factor in every purchase of a Bitcoin by Michael Saylor and Strategy is a potential Bitcoin that can be sold...…”
ThreadGuy reframes Strategy's BTC stack as overhang supply and calls the setup horrifying, with the stock down 7% and disgusting on the chart. His lean on MSTR is clearly negative.
“Hype is so unbelievably strong. It ate this up last night.”
ThreadGuy holds his largest position in HYPE and explicitly says he believes it can go really high even as Bitcoin craters. Clear long conviction.
“I have the second biggest bag of VVV, which looks unbelievable.”
ThreadGuy repeatedly says VVV is the alt he feels best about and holds his second-largest bag. Clear directional long.
“Zcash, I'm like fucking wonky about. I'm ready, I'm so ready to capitulate my Zcash bag... It would take nothing to walk me out on that.”
ThreadGuy is net long Zcash as a sizable position and as a short-BTC pair, though he expresses very shaky conviction and readiness to cut. The held direction is still long.
“the one I like the most is copper, and it just got reject fucked at ATH again.”
ThreadGuy says copper is the metal he likes most and lays out an AI-bottleneck demand thesis with chart and use-case support. Clear directional long despite the failed breakout.
“oil is back on the menu, ladies and gentlemen. Crude $96.30 a barrel, Brent $96.90. A barrel... Crude's up 3%, Brent is up like 2.5%”
Iran stops negotiating and the war drags toward Labor Day; oil bid as the geopolitical risk premium holds
“So 55% of this company that's going to come out at like $12 billion is owned by Honeywell, which is a $150 billion company that's also about to split into two…”
Owns 55% of Quantinuum IPOing 20x oversubscribed; the markup flows onto Honeywell's balance sheet
“I was very, very in love with Zcash before kind of all of the fuckery today.”
Tulip King turned bearish on Zcash after the Orchard-pool exploit: a ZK-circuit double-spend bug let the privacy pool mint unprovable, artificial supply, and the team's centralized soft-fork-then-hard-fork response exposed how non-decentralized the chain really is. A former ZEC bull ("in love before the fuckery today"), the unprovable-inflation risk plus the centralization broke his conviction.
“hyper liquid, which is where all of these crypto tokens want to trade anyways, like that's a better crypto index than Bitcoin”
Tulip King has rotated a third of his net worth into HYPE and frames it as a better crypto index than Bitcoin, an ETF on everything with the winning tokenomics. Strong long conviction.
“this is the Near thesis... make it you tap into privacy and then you tap out of privacy and it can just exist at the protocol level.”
Tulip King endorses Near's opt-in privacy approach over default-private coins as the superior model he doesn't hate, alongside ThreadGuy leaning the same way. This is a positive lean on Near as the better protocol-level privacy implementation.
“this is the Near thesis and this is the Railgun thesis, right? Is like, um, make it you tap into privacy and then you tap out of privacy and it can just exist…”
Protocol-level opt-in privacy (Railgun) wins as default-private base layers get exposed as risky
“it remains the same. Like, this is like, it is the like hardest, most secure asset. It is like resistant to like political forces to screw it.”
Tulip King is structurally long-term bullish Bitcoin, calling it destiny to a million and the hardest most secure money ever invented, even while trimming tactically. The directional view is long.