Shei
461 posts

Shei
@satoshei
Challenge: Make $100k Playing Games 🤑 Tweeting about crypto gaming, streaming, and life 📸
Bogotá, D.C., Colombia Katılım Kasım 2021
319 Takip Edilen150 Takipçiler

was talking to some ppl in the PN discord the other day about why i think tokens go up. figured i would share more broadly bec it sparked a good convo.
I think there are 5 underlying reasons tokens may go up:
1. Cult formation (PENGU, BTC)
2. Narrative formation ('brand coin' - REKT)
3. Illegal financial engineering (too many to name)
4. Legal financial engineering (anything with a DAT)
5. Buybacks (HYPE)
Notice that utility is not on the list.
If i've learned one thing, its that 'utility' is the biggest meme of them all.
agree disagree?
GIF
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@ashemmiii lolol makes sense, i was v confused, cuz i feel like I would have known if you were. June will be nice, will you go to banff?
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@satoshei i’m so excited wahhh~
i’m not haha, it’s just wayyy cheaper to fly from atl than from my local airport lmaooo
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@TheGodMurdoch Funny enough, I'm not here to make money playing games 🤣
Something cool is being built, and I want to be part of it. It's the same reason why I'm in web3
Making money does grab the most attention though, and that's why I started my challenge of making $100k playing games🤣
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Hot take!
The difference between a whale and non whale in a web 3 game is the whale doesn’t have time to play and wants to invest in something that can give them returns for their capital they invested!
A non whale invests their time and expects returns to be reflected by the time they spent in the game!
With this being said which kind of person would you rather have in your community?
The whale who can provide lots of capital towards the game
Or
The non whale who spends lots of time in your game?
Both have positive and negative traits but what one would you value more if you had to?
Side note a very few rare cases there are whales who both inject lots of capital and put in the hours! (These whales are the ideal people on a perfect world)
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@TheGodMurdoch To build a game with longevity, people need to make money, but also people need to have fun...
Whales that prop up FP and pump tokens isn't sustainable... they're just there to make $$
And if people then grind the game to make money then it's not really a game, it's just a job
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@TheGodMurdoch lots of people play games where the token is non existent 🤣
But if you're saying people will only grind a web3 game if whales prop up the price?
If it's an enjoyable game ppl will grind regardless...
So i'd rather the latter because it means i've made a good game
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@BabesCryptoland @CryptoKitties At some point it will make it
Bitcoin was released jan 3rd 2009
That's over 16 years ago, and financial companies are still incorporating bitcoin...
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Will blockchain games make it?
@CryptoKitties was released to the public on Nov. 28, 2017.
That’s over seven years ago and games are still incorporating blockchain.
NEXT topic, this one is getting old 🥱
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@ivanlee_1979 @TheGodMurdoch Ofc :) Threw in the portuguese subtitles for you too ;)
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@satoshei @TheGodMurdoch damn why I didn't see this video earlier...thank you!
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@TheGodMurdoch haha I also mentioned that unless you had crazy cash to fork out, don't try to chase a top spot on the leaderboard 🤣
If even @TheGodMurdoch can't get a top 15 spot, who am I to think I could even get the top 1500 🤣
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Today is @playgigaverse Day!
I will be streaming it live on abstract as soon as the game is live!
I will be the best player!
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