Zacama

Just here to learn more about my hobbies

[Zacama @Primal_Calamity]

$btc #bitcoin
Target and bids filled at 50k. Gameplan set for a full year playing out

[Ansem @blknoiz06]

@0xSammy what are your favorite projects?

[Ansem @blknoiz06]

there is a sleeping giant sitting on base rn

[Zacama @Primal_Calamity]

@cb_doge he's solana:5UUH9RTDiSpq6HKS6bp4NdU9PNJpXRXuiw6ShBTBhgH2 'ing hard

[David Gokhshtein @davidgokhshtein]

Will $TROLL be the next $PEPE?

[Zacama @Primal_Calamity]

@blockchainbob I need that low cap play, 7m to 50m

[Zacama @Primal_Calamity]

@LevisNFT solana:2N9BXbRtyZM4YHzj9wvteW1Nuq6B5DzDwh57dDmZpump

[Zacama @Primal_Calamity]

What's open on my screen right now (Journal)
TROLL : 100m
Asteroid: 15m
Goblin 13m
Buttcoin : 13m
TripleT : 8.5m
RKC : 6.1m (about to crash)
HODL : 4m
NOTHING : 1.2m

[Zacama @Primal_Calamity]

@traderInosuke solana:6MQpbiTC2YcogidTmKqMLK82qvE9z5QEm7EP3AEDpump

[Zacama @Primal_Calamity]

@LarkDavis $3500

[Shadow @_Shadow36]

Owning $nothing will be worth a whole lot of something one day.

Maybe you guys will believe me when I say this will be the most talked about topic for years to come.

Maybe my track record is good enough for yall to at least consider?

No?

Ok ill
Keep working and improving

All you had to do was… nothing

[Shadow @_Shadow36]

gm

500k buys at 50m the other day

I’ve seen this pattern before and people are positioning for a reason.

They realize they don’t want to miss the next pepe, doge, shib type run.

History doesn’t repeat itself, but it often rhymes..

Shit is about to get crazy.

Billions.

** my bad that 400k was from the first run lmao i just woke up

Still moon that

[Sweep @0xSweep]

The entire 2013 Bitcoin bull run from $150 to $1,200 was fake and was printed by two bots inside an insolvent exchange that had already lost half a billion dollars

The exchange was Mt. Gox

In 2013 Mt. Gox was processing 70% of all Bitcoin trades on Earth. If you bought BTC during that bull run, you almost certainly bought it on Mt. Gox

What nobody knew was that Mt. Gox had already been hacked

In June 2011 hackers drained approximately 650,000 BTC from the exchange’s wallets

CEO Mark Karpeles never told anyone. He kept Mt. Gox running for nearly 3 more years while the exchange was technically insolvent

To hide the missing coins he started running two trading bots inside his own exchange

The first was called Markus

Markus appeared in February 2013 and ran until September

The bot was credited with 335,898 BTC of buying activity that the exchange had no actual coins to back and no real Bitcoin changed hands

The trades were just database entries that made it look like someone was constantly buying BTC at every price level

The second bot was Willy

Willy took over in September 2013 right when Markus disappeared and the behavior pattern was almost identical

It would buy 10 to 20 Bitcoin every 5 to 10 minutes around the clock, using fake USD that didn’t exist to acquire real Bitcoin from sellers on the platform

When Willy hit a $2.5 million USD purchase target it would shut down and a new account would spin up to do exactly the same thing

Willy bought approximately 250,000 BTC over six weeks

Across both bots Mt. Gox printed about 600,000 BTC of fake demand into the market

Bitcoin’s price went from $150 in October 2013 to $1,242 by November 30. A 730% spike in two months. The largest bull run Bitcoin had ever experienced at that point

University of Tulsa and Tel Aviv University researchers later studied the leaked Mt. Gox database in detail

Their conclusion was that the suspicious trading activity caused the unprecedented spike

The 2013 bull run was a manipulated bubble engineered by an insolvent exchange

On the days the bots were active, they accounted for 12% to 50% of total Bitcoin trading volume across all major exchanges combined

Other exchanges’ prices followed Mt. Gox upward because traders assumed real demand was driving the move

Arbitrage bots transmitted the fake Mt. Gox price across the entire global Bitcoin market

Every retail buyer who entered Bitcoin during that run was buying into a manufactured bubble

The bubble couldn’t hold

In February 2014 Mt. Gox announced it had “discovered” 850,000 BTC missing from its reserves. Bitcoin crashed from $850 to $483 within months. It took two and a half years to reclaim the previous high

Karpeles was arrested in Japan in August 2015 on charges of manipulating electronic data

He admitted in court to running the Willy bot but disputed it was illegal. He spent nearly a year in jail before being released

The truth had been hiding in plain sight

Chainalysis confirmed through blockchain analysis that Mt. Gox had effectively zero Bitcoin in its wallets by mid 2013 eight months before the public collapse

The bots weren’t a side project. They were the only thing keeping the exchange alive

Every Bitcoin price chart from 2013 still shows the spike to $1,242 as a milestone

Most retail traders point to it as proof that Bitcoin can rally hard from any base

The reality is that peak was generated by a single CEO running fake buy orders on his own exchange because his exchange had no real Bitcoin left

[Zacama @Primal_Calamity]

@BSCGemsAlert 42

[TheS◎Lstice @The__Solstice]

So Eli Lilly, a 1T stock leading biotech/peptides, invested 300m in $BIO, a coin still under 100m

???

Is the market asleep right now or what

Years ago something like this would rocket us to multi billion evaluation within a matter of days

[Sweep @0xSweep]

A 17 year old built crypto’s first margin exchange in 4 days, lost $11 BILLION worth of Bitcoin and disappeared

His name was Zhou Tong

In 2010 he was a 16 year old Chinese teenager in Singapore who bought his first Bitcoin for $10

By 2011 he had taught himself to code and decided every existing exchange sucked

So he built his own in FOUR DAYS

He called it Bitcoinica. It wasn’t just another exchange at the time… It was the first crypto margin trading platform in history

Users could bet up to 50 BTC instantly on the price of Bitcoin going up or down

Back then long, short or leverage never existed in crypto until this kid built it

The platform exploded and within months Bitcoinica was doing $40 MILLION per month in volume, second only to Mt. Gox

Zhou personally cleared 2,000 BTC in his first two weeks. Worth $215 MILLION today

Then he had to take school exams

Running the second largest crypto exchange in the world didn’t fit with finals. So he sold the platform to a company called Wendon Group in late 2011

Wendon went all in. They brought in legendary developer Amir Taaki for security. They spent $1 MILLION buying the domain Bitcoin com to give it credibility

They got hacked 4 months later

In March 2012 the hot wallet was drained of 43,554 BTC. The hackers reset passwords on the exchange’s hosting provider Linode and walked in

No multisig existed yet. If you had the password, you had the keys

Two months later they got hit again for 18,000 BTC

In July they got hit a THIRD time for another 40,000 BTC plus $40,000 in cash

Total: 101,554 BTC gone. Over $11 BILLION at today’s prices evaporated from the second largest crypto exchange in the world in a single year

Roger Ver alone lost 24,000 BTC

Then it got weirder

On chain investigators tracked the stolen funds moving through Mt. Gox accounts

They observed coordination between Bitcoinica wallets and Mt. Gox mixing the trail

80 BTC was sent to a wallet belonging to Theymos Michael Marquardt, moderator of Bitcointalk the most influential forum in crypto

The “recovery effort” funds were moving through the same hands that controlled crypto’s main information venues

Theymos was later subpoenaed during the Silk Road and Mt. Gox investigations. The full picture was never resolved

Zhou Tong’s last public move was buying ONE Casascius coin

Casascius coins were physical gold coins minted in 2011, each containing a real Bitcoin private key embedded under a tamper proof hologram

Zhou bought one of THREE remaining 1,000 BTC ultra rare versions for 1,000 BTC

That single coin is worth over $100 MILLION today

Then he disappeared

For years the community speculated whether he was complicit, whether his partners stole the funds, whether he knew the whole time

He hinted at “dishonest partners and employees” in his final Bitcointalk post and never elaborated

All from a kid who couldn’t keep running it because he had finals

“Zhao Tonged” became slang in crypto for getting wiped out by an exchange you trusted

A teenager in Singapore built the future of crypto trading in 4 days, lost the equivalent of a small country’s GDP, walked away with the rarest single item in Bitcoin history, and was never heard from again

The first margin exchange. The first mega hack. The first OG to vanish without a trace

All from a kid who couldn’t keep running it because he had finals

[DogeDesigner @cb_doge]

Scam Altman wants people to believe he runs OpenAI for love because he has no direct equity in OpenAI and made just $66,000 salary in 2024

But the real money is not inside OpenAI

It sits outside in bets that can quietly benefit from OpenAI’s decisions

He does not own OpenAI directly

He makes money through outside companies instead and those companies can gain when OpenAI partners with them or boosts their value

That makes it very hard to see where the money is really coming from

His key side ventures

1. Helion Energy nuclear fusion
One of the biggest investors
Put in around $375M
OpenAI signed a deal tied to it which helped lift its valuation

2. Stoke Space rocket company
Tried to involve OpenAI in deals
Even explored acquisition or control talks
Family office investment link reported

3. Merge Labs brain computer interface
Altman invested and sits on the board
OpenAI also partnered with it

4. Y Combinator portfolio
Hundreds of startup bets
Some later did deals with OpenAI

On paper it looks clean
No equity no big salary

In reality the upside sits outside.

[Quinten Krzysko @ButkusStats]

The top 30 players on our #Bears board entering day 2! The bolded names are the 6 prospects we targeted at the end of last night as guys we are eyeing at pick 57.

#BuildingTheBoard

[Zacama @Primal_Calamity]

@YourAnonOne insurance

[Colston Loveland @CLoveFanClub]

There was absolutely no reason he should have fell to us at 25!!!!!! LETS GO!!!

[Pat McAfee @PatMcAfeeShow]

"If you find a white guy that's this athletic just draft him 😂😂

You can thank me in about 7-10 years"

Mad Mel Kiper #PMSDraftSpectacular