as i (famously) tweeted in 2021 ... "the world post agi just looks like a 90s sitcom, no real work happening but everyone constantly annoyed bc they have to go to the notary"
putting it to the test. new eps thursdays at 9:30pm / 7:30 central
zecash doesnt have this effect, all the supply is owned by the foundation/other preminers. and also apparently maybe by some guy that exploited it, or not? who tf knows
ETH and BTC used to have this quality, now the holderbase is too diluted and too much equity has been taken out of the charts, and there are no clear narratives
but this "bitcoin wizard" effect, of grassroots community based marketing, is what allowed the crypto landscape to survive as it did for so long, now the torch has been passed
solana was always nothing more than something to purvey to a greater fool, nice emissions u have there. how many people are still waiting for their OTC purchases to unlock btw?
NEAR? lmfaoooo
serial grifters. if youre unaware i would suggest you do some research
Clemente reveals the Zcash exploit made him depressed
“Some of the best traders I know lost 6-7 figures on it”
“A top 10 coin going down 40% in one day is devastating for the industry”
“The risk on Altcoins isn’t worth the reward anymore, it hasn’t for years”
“This has been a worse bear market than FTX because before we at least had a common enemy in FTX”
@Iamhuman_ORBS@MrBeast@YouTube Yet you guys bought $eth you are completely retarded, we need a management change asap $orbs. Also buying a brand was really dumb…
This is honestly pretty awful for the crypto market...
Giant negative catalyst with potential cascading implications.
Price action tends to be pretty simplistic. People were calling this the "next bitcoin" and it got hacked.
Kinda completely invalidates the thesis...
Pretty amazing how CritPt separates labs into tiers. Here are strongest soldiers of each. There's the absolute frontier, there are guys trying to get ready for the AI scientist era, there are the agent-pilled crowd, and then… the ngmi club.
The Holy Trinity is dead. Sadly due to the Orchard Pool exploit, I had to dump our entire $ZEC bag.
- While I think it's extremely unlikely of any minting, it cannot be formally cryptographically proved impossible
- The privacy from AI, govt, big tech narrative demands perfection not improbability
- I read about the exploit yday, and didn't appreciate how it violated my narrative mental map. The 30% dump, made me rethink, and I had to take profit on the entire position
- We will consistently re-evaluate our thinking and if my assumptions are proven incorrect, will rebuy, hopefully at lower prices.
- Privacy is priceless and I have no issue eating humble pie and rebuying much higher.
We still hold $WLD and are excited for Lord Elon to pump our bags.
btw this isn’t the first time a bug like this was discovered in zcash. last time it was disclosed after being a year+ in the wild and everyone lost faith and zcash went to zero for 7 years, until they found a new generation of buyers who doesn’t know the history (that’s you)