NFT blue chip Image
you wouldnt buy a bored ape, would you Image
>starts a war

gonna be interesting to see what happens to the "historical significance" premium WHEN (not if) apes flip punks

it'll be just like eth flipping btc - inevitable
i see a lot of similarities with the arguments for punks and btc to remain the top mindshare in their respective segments of NFT and "crypto"

personally, i really dont give a shit if its "historically significant", but i know some of yall are very sentimental about these things
tbh, wayyyyyyy too sentimental imo

"show some respect, if it werent for _____, we wouldnt even have..."

yeah man, how about no and fuck off
i think doing something great in the past is well, great

but memes (myths) need to persist and perpetuate in order to maintain or increase in value / dominance against others (limited attention)

either through subsequent acts of greatness, organized propaganda or organic spread
"behold, this is some really old and somewhat famous dead person's dagger from the Xth century, which he used to do this and that!"

oh really? never heard of him

i would rather the 1st and only edition of belle delphines bath water
ah, you mean chiefitan Wazusomi's ceremonial war dagger from the Aziumsa tribe in the Lmdsyz area in the 69th century?

very refined and cultured of you to collect such historically significant artifacts. i am sure your children will cherish it, along with the rest of the world.
im just saying the thesis of first/early just doesnt cut it for me

but then again, i am not your target exit liquidity

there's plenty of suckers being born each day

punks could firmly remain top nft collection for a long time

or maybe it doesnt,
and that wouldnt surprise me

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More from @DegenSpartan

4 Dec
i thought leveraged perps on an L2 was gonna be a gamechanger? 🤔 Image
these days, im feeling like the only way out for most defi tokens is to scam american tardfi funds that want to pretend to be crypto savvy to buy our defi bags by using tardfi fundamental analysis or something made up but legit sounding, like stock 2 flow
yes, we need to SCAM them
Read 4 tweets
4 Dec
tokyo soon
whats amazing is that YFI price in ETH now

is about the same as the first 5 days when it launched
Read 4 tweets
1 Dec
an interesting anecdote was that around the 2017 peak, retail nobodies were syndicating themselves and pooling capital to form (illegal) pseudo-funds to gain access into the earlier rounds (with the cheaper pricing) before the public ICO round
would the prey of the last patch meta be the same prey as this patch, with the marketcaps and participants larger by magnitudes? 🤔

why waste time fishing for retail plebs when you can go one grade higher, one tier higher, and catch the bigger fish?
tbh, this is like one of the biggest bearish signs ive seen

but these sort of things are not trigger perfect for timing

ideally with history as a guide, this means extreme parabolic price movements and retail participation over the next few months

will meditate more on this
Read 5 tweets
1 Dec
in steam, there's an hours played counter

a few years ago i had a horrible realization that my hours clocked was seriously unhealthy and it all suddenly felt inconsequential

i decided to be more productive and divert those hours into more sleep, exercise and ofc studying crypto
while games can be quite educational and instructive as systems to learn about human interactions, economics, strategies (and culture) etc etc

those are mostly learnt in the initial phases of play, and "value" in terms of knowledge (and imo, enjoyment) drops off hard after that
opinion:

gaming is ofc fun and can teach you things quickly

but excessive hours into the same game probably does not bring much more benefit to your life, better to rotate out of it and into other things with better value per hour invested imo

unless u a pro gamer, of course
Read 4 tweets
30 Nov
nobody knows
so i have to tell them Image
on the NFT front, i've
- got a larger gallery
- bought more pieces
- gave some artists a few tips
- introduced more collectors to this new form of enjoyinggg

i will work on making more money to fund this hobby while also looking out for pieces that i like to add to my collection
i was gonna write out pointers to be an enjoyooor but on 2nd thought, thats rather silly- it should be very intuitive

simply just buy pieces you like

i think its optional to also admire the artist and their other works, but by doing so, that can add more depth to your enjoyment
Read 4 tweets
29 Nov
no, i do NOT think that cold storage should be the default for most people

99% of the population is not intelligent enough to cold store properly, hence they are probably both better off in convenience and SAFETY, with their assets held in custody by select centralized entities
if you have extreme paranoia and dont trust any entities or defi protocols, then go ahead and cold store

but i would not recommend any beginner to cold store themselves, especially if they only have BTC and ETH and do not do any defi or NFTs at all

ultimately, its up to you
crossing the chasm to interact with chains directly is a big jump that MANY never cross

but if they do, they will definitely benefit from a hardware wallet

the idea of cold/hot storage is very fuzzy when its comes to smart contract chains

if you use the chain, use a hw wallet
Read 5 tweets

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