dilution close to 0 rn and this is the daily reward. imagine being bearish degeneracy @papertrade_xyz
this was probably the most obvious capitulation event ive seen in a long time on a meme. free solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump long
He just markets himself more than others. There were alot of guys really crushing it back in 2024 @naseem @yx @mostxche @slippage and many more some of them more prominent some of them under the radar and with a bigger pnl on trump coin (if the kimchi story is even true)
I might get called a hater or plumber but I really dont understand all the hype around kimchi
1. bro doesn't even have the craziest pnl
2. bro is not the most ethical trader or most unethical trader
3. bro doesn't have crazy looks
4. ???
5. bro is washed
meanwhile he is getting paid millions to join pumpfun and post a couple videos
there are literally dozens of guys with more aura and wealth than kimchi
nothing against the guy personally I just truly dont get it
am i the only one who just uses @risextrade because it's a good product and the points farmed along the way are a bonus?
one positive thing i will say about the recent @papertrade_xyz launch is that a fairly large chunk of oi is now directional which means that the change primarily flushed out the farmers. if a majority of the people now are really just there to gamble for the love of the game in a -ev environment and they continue to do so many months from now, it might all work out in the end but im not really willing to bet on that
agree, it's really hard to not be blackpilled on crypto if you witnessed the evolution of it in the last 6-7 years
now would be a great time to disclose that you are going to make the token tradeable @cardboard_trade
the thing that makes crypto so lucrative and interesting in general is that you are essentially playing high stakes poker at all times but your counterparty is retarded and the game isnt solved.
recent @papertrade_xyz launch is the best example for this. you couldve easily made 3-4x in size because 80% of your counterparty was retarded and the stakes were incredibly high.
there will always be new launches, new inefficiencies, new ponzis to be exploited and judging by the comments made surrounding the papertrade update today, your counterparty will probably stay retarded for a while longer.
here's to many more max extraction events in the coming years
am i correct in assuming that @papertrade_xyz will not be lowering the asym win fees? if so, the economics of the exchange are completely fucked now.
the other things they changed arent even bad for longevity of the protocol but by keeping the fees that high (which were only ever that high to not make farming $paper too easy and efficient) should be illegal.