Invictus

People see posts like the ones below and think they are organic. But the truth is, as someone with 50k followers on this platform and “crypto”-adjacent engagement, I get offers in my DMs constantly to pump various exchanges and/or coins. Of course I never accept them, because I’m not a fucking scammer. But once or twice I replied to them, wondering where they would lead. The first messages usually start by telling you how much others have made promoting whatever piece of shit is being shilled. If you seem receptive, very quickly you get an offer to join a Telegram group and then you hit a wall where you are offered an NDA, and only then will they provide a term sheet offering to pay you per tweet. Of course this is all driven by coordinated bot farms. The accounts all start to look the same after awhile. Several weeks ago I started to get DMs asking what I thought about Z-cash and touting its privacy. They were all messages clearly designed to appeal to bitcoiners - the hope being that they could take a “cypherpunk” angle shilling z-cash to people who are new to bitcoin. So based on prior experience I had an inkling that there was a coordinated effort afoot that would soon blow up. And so it has. Some whale must have giant bags to dump and is astroturfing an effort to pump the price up. Of course I have no way of knowing whether individual people might have fallen for z-cash propaganda. Some, particularly retards with .eth in their name, may genuinely believe in it. But remember this: When you start to see a flurry of tweets and attention over some “crypto” token, this is all coordinated by bot farms bought and paid for by some whale with huge bags to dump and looking for exit liquidity. I suspect whatever scam-lords are behind this pump and dump have chosen z-cash this time around for two reasons: (1) privacy coins were a 2017 phenomenon and weren’t huge in 2021. Newer rubes probably don’t realize this has all been done before. (2) privacy coins are easier to hide from authorities, so the pump-and-dumpers are more likely to get away with their fraud scheme. It’s all so tiresome. Call it out relentlessly.

$ZEC What most people noticed last cycle was that ZEC made a lower high on its USD pair, and therefore concluded that is was and will always be an under performer. It also bled profusely against its BTC and ETH pair, giving more credence to it continuing to underperform in the future. What most people dont consider though is the tokenomics of ZEC and what was going on during that period of time. ZEC's tokenomics are the exact same as BTCs. The supply is capped at 21 million, and the supply is issued through block rewards starting at 50 coins per block, then 25 after the first 4 year halving (2020), and then 12.5 after the 2nd 4 year halving (2024). Therefore, most of the supply was being released leading up to the past two cycles. In fact, ~52% of the total supply was released by its 1st halving (Nov 2020) and ~78% has now been released as of its 2nd halving (Nov 2024). Shown in the first photo is where ZEC currently is compared to BTCs circulating supply today. Because so much supply came in between its launch cycle (2017) and its 2nd bull cycle (2020), I think it should have been expected to underperform in USD terms, and a better metric to compare performance would be market cap. Looking at the market cap (2nd photo) it did make a higher high and a higher low (could also be argued to be a double bottom). Looking into the future, the rate of supply issuance will drastically be reduced, and by the next 4 year cycle and halving (Nov 2028), ~90% of the supply will be circulating. Because less and less supply is being issues, and the multi cycle marketcap is trending upwards, I expect ZEC to drastically outperform its performance during the 2021 cycle. We are also starting to see this outperformance take place in its ZEC/BTC and ZEC/ETH charts. The downward trend and underperformance seems to be coming to an end.

Big question this morning: Has $AMD completed Wave 2 and moving into Wave 3 now? My chart and commentary on this is now shared in both groups.

🇺🇸 TRUMP: AMERICA IS VERY RICH AGAIN... MORE BIG STOCK MARKET DAYS COMING "Good day in the Stock Market (Dow +585.06, 1.34%; S&P 500 +91.93, 1.47%; NASDAQ +403.45, 1.95%), but there will be many more days like this. America is very rich again, and stronger than ever before." Source: Truth Social