c2x5
523 posts
c2x5
@_c2x5
Life is a psyop. Mirrors as windows. We nod, mesmerized. https://t.co/L6soDkU9qc https://t.co/W2Z81txZ3V
PVP has been a massive point of contention over the past few days, and many plead for a fix from the launchpad layer. however, I believe the causation of PVP is misguided and isn’t the result of the launchpad, but a result of: 1) broader liquidity leaving the market 2) behavioral problems it’s no secret that we’re in a bear market & more liquidity has left the market than has entered over the past 6 months, hence why ceilings are much lower & opportunity feels scarce with lower liquidity & lower ceilings comes the desire to find edge elsewhere. if traders know they’re not going to succeed holding, and they can't beat other traders, there may be edge in redeploying an already successful coin; whether it’s under the guise of a better ticker, image, has tracked wallets, fee distributions, etc. while I think this behavior is incredibly destructive, I believe it is a permanent pendulum, and I believe we're currently at the extreme end of that pendulum, which is why we’re experiencing incessant & unrelenting PVP compared to what we see in a bull market (PVP exists, but faces nowhere near the level of participation as we see now)
PVP has been a massive point of contention over the past few days, and many plead for a fix from the launchpad layer. however, I believe the causation of PVP is misguided and isn’t the result of the launchpad, but a result of: 1) broader liquidity leaving the market 2) behavioral problems it’s no secret that we’re in a bear market & more liquidity has left the market than has entered over the past 6 months, hence why ceilings are much lower & opportunity feels scarce with lower liquidity & lower ceilings comes the desire to find edge elsewhere. if traders know they’re not going to succeed holding, and they can't beat other traders, there may be edge in redeploying an already successful coin; whether it’s under the guise of a better ticker, image, has tracked wallets, fee distributions, etc. while I think this behavior is incredibly destructive, I believe it is a permanent pendulum, and I believe we're currently at the extreme end of that pendulum, which is why we’re experiencing incessant & unrelenting PVP compared to what we see in a bull market (PVP exists, but faces nowhere near the level of participation as we see now)
@Ga__ke +0.90% of the fees straight into pumpfun pockets, then they only take +0.05% once they are above 85k mcap, 99.9% of the coins never make it past that. That's how they extracted 1B. There will never be a fix for the slop and the pvp from pumpfun.
@Ga__ke +0.90% of the fees straight into pumpfun pockets, then they only take +0.05% once they are above 85k mcap, 99.9% of the coins never make it past that. That's how they extracted 1B. There will never be a fix for the slop and the pvp from pumpfun.
@Ga__ke +0.90% of the fees straight into pumpfun pockets, then they only take +0.05% once they are above 85k mcap, 99.9% of the coins never make it past that. That's how they extracted 1B. There will never be a fix for the slop and the pvp from pumpfun.
@Ga__ke +0.90% of the fees straight into pumpfun pockets, then they only take +0.05% once they are above 85k mcap, 99.9% of the coins never make it past that. That's how they extracted 1B. There will never be a fix for the slop and the pvp from pumpfun.
one of my biggest goals this year is to figure out and help push solutions to limit the incessant pvp in the trenches pvp in some shape or form will always exist, and i myself have definitely engaged in pvp (as have most traders to some extent) but this is one of the few issues that majority of the space agrees on and it's long overdue for a change
@Ga__ke +0.90% of the fees straight into pumpfun pockets, then they only take +0.05% once they are above 85k mcap, 99.9% of the coins never make it past that. That's how they extracted 1B. There will never be a fix for the slop and the pvp from pumpfun.
@Ga__ke +0.90% of the fees straight into pumpfun pockets, then they only take +0.05% once they are above 85k mcap, 99.9% of the coins never make it past that. That's how they extracted 1B. There will never be a fix for the slop and the pvp from pumpfun.
Seeing a lot of people hating on those who bundle rape memecoins and not enough people hating on those enabling this to happen The only way this changes is either > Buy volume returns and dominates sell pressure > You stop buying on top of them The problem isn’t that they exist. The problem is that you keep making it profitable for them to exist They’re here to make money, so why would they stop Ultimately, you can’t complain about being farmed when you keep walking into the farm
the trenches are either close to a bottom or have bottomed the timeline has been quieter than ever, sentiment has been awful, yet every single one of us are here under one belief: retail will come back, liquidity will come back, and we will all make it I believe.
one of my biggest goals this year is to figure out and help push solutions to limit the incessant pvp in the trenches pvp in some shape or form will always exist, and i myself have definitely engaged in pvp (as have most traders to some extent) but this is one of the few issues that majority of the space agrees on and it's long overdue for a change
the trenches are either close to a bottom or have bottomed the timeline has been quieter than ever, sentiment has been awful, yet every single one of us are here under one belief: retail will come back, liquidity will come back, and we will all make it I believe.