bigsmith.eth 🦇🔊
532 posts

bigsmith.eth 🦇🔊
@0xbigsmith
Creator of Bomb - The Card Game Developer - Looking to build in Web3! ETH Sta(c)ker NFT Enthusiast
Katılım Aralık 2021
230 Takip Edilen94 Takipçiler

@benjamincowen I'll like this place more than the old house... That much I can tell
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@serc1n Didnt realise there was a bad way to make hundreds of eth in a few days 😅
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@JordanLyall This is probably my favorite out of all tweets I've seen ever. The double niche of $PUNKSTR and Good Will Hunting really sent me. Might delete my account and call it a good innings.
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Of course that’s your contention. You just got finished reading some bearish thread, probably from that guy who got rekt on $DOGE. You’re gonna be convinced of that ‘til next week when you see the yoyo work, and then you’re gonna be talking about how the dynamic tax structure actually protects holders. That’s gonna last until you realize the post-sale tax creates buying pressure.
“It’s just extracting fees to buy overpriced Punks.” You got that from skimming the docs, right? Yeah, I read that too. Were you gonna copy-paste the whole FUD thread for us? Do you have any thoughts of your own on this matter? Or is that your thing? You come into a space, repeat some surface-level take about high fees, and pretend you understand the tokenomics?
See the sad thing about a guy like you is you’re gonna be sitting on the sidelines in fifty days and you’re gonna come up with the fact that there’s one certainty: You faded it because you coulda’ spent twenty minutes reading the contract on Etherscan instead of just repeating “high fees bad.”

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@tsarrast Its about as MSTR as you can get and still be decentralised without being overly complex.
Just let the boys play
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Looking at Punk Strategy, and I just don't see how it's worthwhile.
I get that punks are expensive, so it’s nice to find a way to get exposure without buying a whole one… and $pnkstr is sort of punk exposure, just not the best way of doing it, and definitely not comparable to something like MSTR despite hi-jacking the "strategy" vibe.
PNKSTR started by putting up some ETH and buying punks. Now, you’re buying in and hoping the “trading flywheel” pays you.
To me, it just looks like a complicated way for the founders to make money - at the expense of investors - in all but the most specific market conditions.
First, I realize the token price has done quite well in the last couple weeks. It is new and garnering attention, and that price increase isn't bc the model is earning IMO but because new ETH is coming in to buy the token. If the same amount of ETH came in to simply buy punks, it would be even better.
I think if punks either do well or don't do well (in ETH terms) over idk say a 2-5yr time horizon, pnkstr likely underperforms just buying and holding.
If the market is very sideways chop (with 20% up and down moves), then pnkstr might outperform holding.
But even then, the team is taking 20% of every transaction. That’s just too high.. a lot of ETH being siphoned out of the ecosystem.
Why pay that for punk exposure?
This isn’t an SPV charging 2/20 to access an otherwise illiquid private asset.
Why the f*** would you give PNKSTR 20% for this?
It's not that complicated to get punk exposure, just expensive. Pnkstr isn't the answer.
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@0xfoobar You're forgetting all of the people without $200k to spend on an onchain JPEG that also want exposure to the asset class. Also, the smart contract unlike yourself, isn't emotional it just buys punks with the fees it obtains.
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Took a loan on almost all my NFTs and some profits on $PNKSTR to fund buying this CryptoPunk.
My bet is that $PNKSTR outperforms over the next 2-3 months to pay back that debt.
Thank you @SignoreGondi for helping me get the offers and @0xRodo for posting about $PNKSTR at 2m mcap

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@leolanza @fundstrat @joerogan I think someone else would do a better job spreading the good word tbh. Maybe @sassal0x
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RUMOR:🚨Tom Lee @fundstrat will be going on @joerogan to talk about Ethereum.
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More buying less analysis next time... lol $PUNKSTR $BIRBSTR $PUDGYSTR $APESTR $DICKSTR $MEEBSTR
@token_works
bigsmith.eth 🦇🔊@0xbigsmith
Current Asset Value Multiples for various NFT Strategies. Almost identical market caps with big changes in multiples *see below* $PUNKSTR $BIRBSTR $PUDGYSTR $APESTR $DICKSTR $MEEBSTR @token_works
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bigsmith.eth 🦇🔊 retweetledi

Current Asset Value Multiples for various NFT Strategies. Almost identical market caps with big changes in multiples *see below* $PUNKSTR $BIRBSTR $PUDGYSTR $APESTR $DICKSTR $MEEBSTR
@token_works

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I paid this month's rent with my @ether_fi card instead of my bank! #IPaidWithEtherFi
I earned 3% regular cashback + 20% promotional cashback through the membership reward, with only ~1% in fees. Can’t get better than this!

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