DH retweeted
Alien on the move! The V1 of CryptoPunk #2890 was just sold for 180 eth on the original native contract. @straybits claimed this punk in 2017 and has been holding it ever since. This is the first alien sale on either contract we've seen in a long time!
DH retweeted
🚨 Major upgrade just dropped for V1 CryptoPunks
You can now buy and sell unwrapped V1 punks directly on v1cryptopunks.com.
One marketplace. Wrapped or unwrapped. Everything in one place.
Here's what's new 🧵👇
DH retweeted
Last week @jalilwahdat shipped a fix to one of the most famous, storied, and misunderstood bugs in web3/eth/nft history - the ability to safely trade unwrapped @v1punks. For 9 years this has not been possible, and now it is. It's a remarkable achievement.
As a sign of gratitude a number of people are pooling eth to purchase the V1 token for Jalil's Cryptopunk from the original claimer to gift to him and reunite the V1🤝V2 pair. Seemed like that would be a nice gesture.
To facilitate this a I whipped up a little contract that accepts eth (in this case to 0xD7C988727bc47fDCC550F15062286B124f37033D ) up until the goal it met, and refunds anything above that. If the goal isn't met by a set deadline (in this case, end of the month) everyone gets their eth back. Launched this yesterday and it just passed 50% funded.
We could have just had everyone send eth to someone, but thought a trustless contract solution would be more in the spirit of the event, and also now this is available for anyone to use for anything else, with no fees.
If you like to throw in something send eth from a wallet you control (not an exchage) to the address above. To see progress or make your own pool, check out etherpool.app/ or if you want to fork it and do it differently, code is open github.com/seanbonner/etherp…
DH retweeted
an idea whose time has come.
Today I sold my V2 punk to purchase more V1s.
It's becoming clear that the V1/V2 punk argument rests solely on the latter group's ability to brand themselves as "real" through their social network.
If the story of the flawed V1 contract were to play out today, duplicating and then airdropping the new collection would be an unacceptable solution. This made all punks 1 of 2s, with V1 punks as the “first editions” of these assets. In all other collectible classes, the earlier editions of something are more sought after. This is also generally true of the scarcer misprint variants of assets - there are far fewer V1s still in circulation.
The solution was accepted at the time of the V1 exploit because there were minimal options with which to view onchain assets - what Larva Labs platformed was what everyone got to interact with. With the introduction of third party marketplaces and the V1 wrapping contract, this ceased to be the case. Very few people in the community back in the day had enough foresight to realise that all LL had done was sweep the originals under the rug.
The narrative that V2s are in some way superior is defended largely by the snobbish type of collector who judges art only by its price, and has an emotional attachment to the status that owning this asset gives them. They see attempts to discuss the onchain truth of the story as an attack on their gated social group and the sunk cost of their investment. This is ignorance of the provenance uniquely available through the blockchain, and an elitist rejection of another community as a way of preserving capital; they are neither ‘crypto’ nor ‘punk’.
Any newcomer to onchain collecting, being exposed to the publicly verifiable and immutable information available surrounding these collections, would judge V1s - at less than 10% the price of the V2s - as the more grounded choice.
There are a handful of common counterarguments. V1s are unable to use their original in-contract marketplace because of the exploit, but this experience has been abstracted into existence. The chains of ownership are different as they fork after the V2 airdrop, meaning they have different social networks, but V1s have a nascent community capturing the more historically minded. V1s do not receive the same IP rights as V2s, although onchain PfP IP has proven to be rarely utilized.
There are 20,000 punks. The V1 punks are the original cryptopunks that were claimed on June 9th, 2017. The later V2 punks have the backing of their creators and are more well known, benefitting disproportionately from this publicity. This is a fascinating case of art undergoing a literal schism - one collection to serve the will of the artist, and the other becoming inseparable from its foundations, the machine it was built to showcase. This machine will outlive us, and with it, the story of how a failure of imagination led to the burying of the truth of its icons.
DH retweeted
V1 Punks are up 70% because of the news that we can now interact with original contract to buy/sell V1 Punks
So, is V1 contract now fixed?
It’s not
But @jalilwahdat & @yougogirl_ deployed a workaround by having PunksMarket act as smart intermediary for V1 Punks transactions
Here’s what happens:
1️⃣ The seller lists the Punk specifically to the PunksMarket contract (using offerPunkForSaleToAddress with the market’s address)
2️⃣ The buyer triggers settlement
3️⃣ PunksMarket temporarily buys the Punk from the V1 contract (using the bugged logic, so ETH initially routes wrong)
4️⃣ It immediately calls withdraw() on the V1 contract to pull the misrouted ETH back
5️⃣ It transfers the Punk to the real buyer
6️⃣ It pays the seller the correct amount from its own balance
This way they are able to go around the original V1 contract bug: When a buyer purchases a Punk via the built-in marketplace functions, the ETH gets credited to the buyer (who can then withdraw it), not the seller
Now, no need to wrap your V1 Punks to buy & sell them
But still, PunksMarket is still needed to be an intermediary to interact with the main V1 contract
🤖 Made with AI
DH retweeted
C̩ͤ̊̄ͦͅry̸̢̯̍ͨ́̍p̛̞̘̊ͪ̕t̝o̩͗̈́͜P̹̗u̗ͬnḳ͚̫̋s sales events now show on @opensea thanks to the legend @tom_hirst.
opensea.io/collection/crypto…
DH retweeted
This is a bigger deal than people realize. It’s not just the first sale of a v1 CryptoPunk on the original contract in years, it’s the first sale on the original contract where the eth went to the seller ever.
and we have the first sale through punksmarket.app
(that wasn't me and jalil testing)
so cool, check the chain → evm.now/tx/0x0e219582646976b…
DH retweeted
I can’t overstate how big of a deal this is. A @v1punks just sold safely on the original contract, unwrapped.
for the first time in 4+ years: a sale on the misprint punks contract
thanks @seanbonner for the test punk borrow 🙏
DH retweeted
📢 NEW V1 CRYPTOPUNKS MARKETPLACE UPDATE
We’ve added the missing V1/V2 context—now available directly on every punk profile:
✅ V2 airdrop transaction in the ledger (with explanation)
✅ V1 ↔ V2 paired wallet status
✅ One-click link to the corresponding V2 punk
DH retweeted
There has never been a bigger gap.
Right now, there are two camps on this app.
1. 4 year cycle, 75% correction, Bottom October Q4 1064 days
2. Macro and business cycle, currently a mid cycle top with expansion into new highs this year
What makes it even more interesting is that up until this very moment, the 4 year cycle theory has held weight.
And to add to that even more, this is the first time these cycles have diverged.
But what is more important to a liquidity asset like Bitcoin?
A time-based theory that leans on nothing but that... just time?
Or a macro framework that is based on the actual expansion and contraction of the US economy?
And its important to note there have only actually been 2 cycles that you can class as a 4 year cycle also.
2013 - 2017
2017 - 2021
This current cycle is yet to be decided.
We have reached the stage in the market where people are actually laughing at the ISM... which i think is actually a really good sign.
The cold hard truth is this.
Every single time the ISM has entered expansion it has sparked a bull market.
Not twice...
Every single time.
And this isn't some magical force.
It is simply because as the worlds largest economy expands, everything expands.
We have never entered a long and drawn out bear market as ISM enters expansion... ever.
To bet on that happening now, for the first time, in my view...
Is folly.
DH retweeted
This "Epstein Quantum Saylor Liquidated Tether Binance" Dip is 100% totally organic and not at all orchestrated FUD to shakeout retail retards right before CLARITY Act is law and the institutions flood in to take their Bitcoin at a generational entry point.
DH retweeted
Did you know there’s a new NFT strategy?
This time it’s for @v1punks
The protocol already acquired 2 V1 and it’s on his way to the 3rd one #PUNKSR
As always DYOR
@punkreserve
DH retweeted

Satoshi Flipper@SatoshiFlipper16 Nov 2025
🇯🇵!
JapanConnected via United States App StoreLocation may be affected by a proxy or VPN.Account-level information, not a live location or per-post device.
It's absolutely fascinating watching 95% of CT debate the definition of bull and bear market structure based on the price which ends the current consolidation descending channel and a 4 year calendar period. Absolutely mind boggling really when it has nothing to do with it.
"If we close the weekly at this price, then it's a bear market." Ugh fuck off already with that nonsense.
Raoul Pal gets it when he says $BTC isn't lagging, it's literally tracking the ISM PMI. The 4 year cycle doesn't drive $BTC.
Isn't that what I've been telling all of you?
Watch his video and educate yourselves, stop listening to the clown doomers in this space.
THE BUSINESS CYCLE IS DRIVING BITCOIN -- NOT THE 4-YEAR CYCLE.
Raoul Pal said that $BTC isn’t “lagging”… it’s literally tracking the ISM, the global business cycle. Rates stayed too high for too long, main street got crushed, and that extended the entire cycle.
In 2021-2022 the U.S. quietly pushed the average debt maturity from 4 to 5 years, that stretched this cycle too.
So what looks like “#Bitcoin being slow” is actually the macro clock running one year longer than usual.
If this 5-year cycle is right, Raoul’s model still points to peak liquidity into 2026, with the ISM topping out after that.
Patience here isn’t weakness, it’s macro awareness.
DH retweeted
Cryptopunks V1 and V2 👀
Facts: the bug was never in the art. 🎨
Back in June 2017, the collection was already live, the originals (V1) existed.
The “problem” was only in the system that allowed people to buy and sell.
To fix transactions, they created V2. But that didn’t erase V1. In art, if a painting can’t be sold, it’s still the original real artwork.
Museums and collectors know: V1 carries the higher value. Because history cannot be rewritten.
Do you agree, or what’s your view? 👀









































