Beanie
@beaniemaxi
I like finding special sits that can result in ridiculous returns (or losses). I talk my book. THIS IS VERY RISKY. Read pinned post. Venture: @gmcapital_
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Probably time to buy ETHBTC here. It got a 60% retracement. BTC looking weakish with Saylor uncertainty and BIP 110 drama. Lagging the recent market bounce off local lows. Robinhood chain can attract real liquidity which I bet drives a narrative shift for ETH as it's on Ethereum.
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This Meebit NFT sold for $2.1 Million in July 2021. It's now worth just $846.
What if we do get a memecoin season but it's in ETH instead? There's just so many dormant whales on Erhereum that for whatever reason only play there. Much of it's Chinese money. Saw it in 2021 with NFTs. Not saying buy Cash Cat on Robinhood (Ethereum L2) but a note worth noting.
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Did everybody on CT just literally forget how badly Robinhood fucked over retail traders by removing the GameStop buy button and then a couple years later force liquidated all of its customers Solana positions at the pico bottom in 2023 right before it rebounded 50x off the lows?
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Solana down because of memecoin rotation to Robinhood. There's literally no liquidity in crypto rn. The tiny bit of money left just goes from one hand to the other as new pnd narratives emerge driven by the same cabal. There's noticeably less willing retail participants every go.
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As it turns out there's a direct correlation between NFT prices and adjacent IRL adoption. It's just that most projects didn't live long enough to create meaningful IRL adoption. Azuki did. And its TCG success in mainstream collectible markets is now driving its NFT floor higher.
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I'd rather be poor with dignity than suck Ansem's virtual dick for an airdrop.
Real ones remember when Brantly, a devout Catholic, was kicked out of ENS because the angry woke mob dug up some ancient posts where he expressed displeasure towards homosexuality and transgenderism. He was subsequently rugged for what was a multi-million dollar token allocation.
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the .eth comes off, the end of a chapter for me
I have decided to move on from ENS, given recent events and other reasons. I'm grateful for my time with ENS and I wish everyone well going forward
This includes winding down @ethidorg. I and my incredible teammates are open to new opportunities, DMs are welcome. My team has been amazing! Any of them would make a great addition to your team: @0xthrpw @encrypteddegen @sat_eth @jalilwahdat @quantumly 🔥
Re our projects like @grailsmarket, @ensmarketbot, @efp, etc: Thank you to all of our users, we appreciate you! Most of these projects will sunset over the next few weeks (tho code remains open source), more information will be posted later
Godspeed everyone 🤝
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NFT meta didn't die because people stopped liking jpegs. It died because the most extractive VC investor funds took over the board of every top project. Including the biggest marketplace. And it became an immediate race to the bottom. Vibes to zero. And no vibes means no culture.
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When I sold 98% of my NFTs in early 2022, I kept my Cool Cats. I have a great collection. This was worth hundreds of ETH at the time. And literally the only reason that I hodl'd (and still hold) is because Clon is an iconic artist. Replacing him is an absolutely idiotic decision.
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Today marks my final day at Cool Cats.
I’ve been drawing Blue Cat since 2013, starting as a doodle, to The Catoonist, to Cool Cats: a digital art collection, a Macy’s Parade balloon, and an animated series. Since I was little, all I ever wanted was to create a character of my own. Blue Cat is how that dream came true.
The Board has decided to take Cool Cats in a new direction, one that no longer includes me. I respect their decision, and I’ll always want the best for Blue Cat.
The closest thing I can compare this feeling to is raising a kid and watching them leave for college. I gave him everything I had over these 13 years, and now it’s time to wish him well.
Thank you to everyone who believed in me, to every employee who poured their heart into this, and to the fans who stood by me through every high and low.
I’m sad to move on, but excited for whatever I create next.
I love you, Blue Cat. Thank you for everything.
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Just a reminder that as ETH falls NFT assets that are priced (and mentally conceptualized) in ETH terms have historically experienced a counter cyclical rally. That has been the case since 2020. Seeing early signs of this play out with CryptoPunks in particular the past few days.
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Take me back to simpler times where the cabal was just a group of vibe chasing potheads who collected jpegs with funny hats and the occasional sword or pair of sunglasses that were regularly accused of collectively changing their pfps at the same time in order to pump their bags.
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It's not talked about much anymore but since the quick double off the local bottom BAYC has held pretty steady. Which is unlike previous moves since 2022 that've quickly given back gains. Feels like a potential sleeper is forming here for those that pay attention and are patient.
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Crypto is not a serious industry.
There wasn't unlimited liquidity in crypto. Between Pump Fun and bundlers it enabled, and Kelsier and Chinese market maker pnd cabals, I'd estimate at least $10 Billion lost by market participants on CT. This is way worse than the Luna and FTX fallout. That's why things are dead.
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Orange says he only has $5k in crypto because it's hard now to make profitable trades. But the fact is its always been hard without being an insider in a market that's completely dominated by insider trading. They already extracted all the money and people are poor in crypto now.
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@nikitabier @tszzl I mean wouldn't this imply strong sperm?
I guess they like the Gacha wheels in the beta. Somebody sweeping those Multipliers. These were literally free. Yet hardly anybody bothered to claim. Hopefully the mainnet launches soon. The depth here will blow away the competition. Solana gaming season is starting to heat up.🔥
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Unpopular opinion👇
HYPE flippening Solana in price a week ago was the local top of HYPE and local bottom of Solana. Will never reflippen.
This is essentially VC ponzi funding. They are using their own illiquid equity in an unprofitable company to constantly raise and inject more capital. But every time they do this they dilute themselves with their own capital. Strategy only works if the valuation goes to infinity.
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