All those angry people in my replies are getting the airdrop now and should be grateful that a lot of sybil was removed. The wider the distribution, the less value you are capturing. Most airdrops were 100k+ addresses and this one is 20k
The last block on Solana was produced almost 40 minutes ago. Not fantastic
Actually never mind it's been down for much longer. The timer on Solana Beach is actually just broken. Looks like down for almost 2 hours now
The reason I see floating around is that there was a highly anticipated IDO scheduled at 12pm UTC and too much demand caused an outage. Not sure about the technical details though
The wallet that funded this NFT's creation has a lot of suspicious transactions. Funded from Binance (likely KYC-less), used Tornado, and also played Dice2Win.
For now I would say to stay cautious and the link has been pulled again.
IMO makes literally 0 sense to bid unless Banksy actually posts to Instagram. Otherwise you could very well get rugged and it's weird that Pranksy bid 100 ETH with no confirmation
I've been asked by a few people what I think about the current market and the honest answer is that I have no fucking clue right now. I think no one knows. CT has just been a lot of noise and not much substance lately. Everyone is still down a lot and coping. My brain dump:
What jump-started this market last year and attracted a lot of interest was undoubtedly institutional investment in Bitcoin as a macro hedge. MicroStrategy kicked off the balance sheet trend and when Tesla announced they allocated, the market exploded. It was a validated trend
As prices rocketed up, we saw a clear significant inflow of retail customers. All the social indicators were far surpassing what we saw in 2017. A lot of trash and meme coins started rocketing up - full blow mania. Institutional capital wasn't in the driver's seat anymore.