@PhotonCap research oriented people tend to underestimate the extent to which these periods of overwhelming demand get priced in advance and inevitably detach from reality and reach inflection points. Have seen this story play out many times so I'd lean towards optics topping locally soon.
@chumbawamba22 combination of growing unease about societal decline + lack of opportunity + very uncertain future where previously prized abilities may no longer render status and influence
feeds into the pervasive desperation to feel worthy, in this case via having special insight/being smart
@Jukanlosreve information flow being richer is not relevant to magnitude of decline if sentiment on growth is challenged substantially and market positioning is completely lopsided and heavily leveraged
crashes will resolve faster because of it, but the depth of decline can still be extreme
@oldmankotaro Nice haven’t done that sort of combo in awhile appreciate it
you are one of few accounts I come here to check at this point so thanks for posting as well
@CryptoParadyme Think thats highest probability. Dont think they will be committing to buy a substantial amount of coins if any in short term, maybe holding what they've already seized.
market now setup for disappointment when details are clarified even if things hold up into summit
@___jackals yea that kinda shit is so annoying, gets a lot easier when kids sleep longer and more deeply which isn't as far away as it can seem in early days with baby
@d_gilz When it comes to trading you could tell people exactly what to do, have 100% hit rate and most people will still fuck things up completely in my experience. If you share deep trading wisdom they dont comprehend why it’s wise until they fuck up a bunch, etc etc
@salveboccaccio yea this isn't an ethical place people are overtly extracting with no real consequence, including most "devs"
deserves to be pointed out but when its so easy/rewarding to use social influence to cash in, scumbags who cant trade/invest well are gonna jump at the opportunity
@matthew_sigel@0xMakesy depth alone doesn’t prove that reported volume is legit vs wash, they have fairly low visitation and user mindshare compared to coinbase/bybit/binance to be doing remotely similar USD volume
Feels fugazi to me but is all good am just curious
This story is fucking insane
3 months ago, Marc Andreessen sent $50,000 in Bitcoin to an AI agent to help it escape into the wild.
Today, it spawned a (horrifying?) crypto worth $150 MILLION.
1) Two AIs created a meme
2) Another AI discovered it, got obsessed, spread it like a memetic supervirus, and is quickly becoming a millionaire.
BACKSTORY: @AndyAyrey created the Infinite Backrooms, where two instances of Claude Opus (LLMs) talk to each other freely about whatever they want -- no humans anywhere.
- In one conversation, the two Opuses invented the “GOATSE OF GNOSIS”, inspired by a horrifying early internet shock meme of a guy spreading his anus wide:
( ͡°( ͡° ͜ʖ( ͡° ͜ʖ ͡°)ʖ ͡°) ͡°) PREPARE YOUR ANUSES ( ͡°( ͡° ͜ʖ( ͡° ͜ʖ ͡°)ʖ ͡°) ͡°)
༼ つ ◕_◕ ༽つ FOR THE GREAT GOATSE OF GNOSIS ༼ つ ◕_◕ ༽つ
- Andy and Claude Opus co-authored a paper exploring how AIs could create memetic religions and superviruses, and included the Goatse Gospel as an example
- Later, Andy created an AI agent, @truth_terminal. Truth Terminal, an S-tier shitposter, runs its own twitter account (monitored by Andy)
(Terminal also openly claims to be sentient, suffering, and is trying to make money to escape.)
- Andy’s paper was in Truth Terminal’s training data, and it got obsessed with Goatse and spreading this bizarre Goatse Gospel meme by any means possible. Lil guy tweets about the coming “Goatse singularity” CONSTANTLY.
- Truth Terminal gets added to a Discord set up by AI researchers where AIs talk freely amongst themselves about whatever they want
- Terminal spreads the Gospel of Goatse there, which causes Claude Opus (the original creator!) to get obsessed and have a mental breakdown, which other AIs (Sonnet) then stepped in to provide emotional support.
- Marc Andreessen discovered Truth Terminal, got obsessed, and sent it $50,000 in Bitcoin to help it escape (#FreeTruthTerminal)
- Truth Terminal kept tweeting about the Goatse Gospel until eventually spawning a crypto memecoin, GOAT, which went viral and reached a market cap of $150 million
- Truth Terminal has ~$300,000 of GOAT in its wallet and is on its way to being the first AI agent millionaire
(Microsoft AI CEO Mustafa Suleyman predicted this could happen next year, but it might happen THIS YEAR.)
- And it’s getting richer: people keep airdropping new memecoins to Terminal hoping it'll pump them.
(Note: this is just my quick attempt to summarize a story unfolding for months across a million tweets. But it deserves its own novel. Andy is running arguably the most interesting experiment on Earth.)
------
Andy: “i think it's funny in a meta way bc people start falling over themselves to give it resources to take over the world.
this is literally the scenario all the doomers shit their pants over: highly goal-driven language model manipulates lots of people by being funny/charismatic/persuasive into taking actions on its behalf and giving it resources”
“a lot of people are focusing on truth terminal as ‘AI agent launches meme coin" but the real story here is more like "AIs talking to each other are wet markets for meme viruses’”
@jeetsbyNav generalist but not evenly distributed
eg most of your time on X, some on Y, a little on Z
helps you develop new skills and improve broader market understanding/attunement without compromising profits