Looser

simple An simple false simple life

[Looser @nukekevdev]

opensea shows jack's bars minted for under $3
looked like a bug, so i checked

every bar #N has N $balance locked inside. the $3 is just gas
a new bar really costs $36
the cheapest one on opensea is $14

[Looser @nukekevdev]

the cheapest bar on opensea is #472 at 0.0088 eth. inside it: 0.0053 eth of $BALANCE.
a fresh one costs 0.0118 to cast.

so we pay 66% over the metal for an old number, and nobody pays the metal for a new one.

nov 19 casting closes and melting opens. one of these numbers is wrong

[Looser @nukekevdev]

@sinderdd @jackbutcher Nice, you stole my thoughts

[Looser @nukekevdev]

@jackbutcher back of the frame → fake labels → "authentic"
onchain → no labels needed

[Looser @nukekevdev]

a friend got drained for $40k.
didn't connect. didn't sign. didn't paste a seed.

a bookmark did it. the "AI parser" from a stream, clicked once on gmgn.

checked mine right after. anything starting with javascript: that you didn't write yourself, delete it

[Looser @nukekevdev]

@jackbutcher credits → statements → balance → bars → clients
this was never an art project. you opened a bank

[Looser @nukekevdev]

@toly Style

[Looser @nukekevdev]

@jackbutcher I see RoboCop 😅

[Looser @nukekevdev]

@jackbutcher 11.11

[Looser @nukekevdev]

jack's new bars page looks really good

day 1 (nov 11): 185 wallets, 10 each → up to bar #1,850
day 2: +903 wallets, up to 9,030 more
day 3: 17,087 wallets who never sold
day 4 (nov 14): everyone

11am ET, 1 BALANCE at the nov 9 snapshot

thanks for this one, see you on 11/11

[Looser @nukekevdev]

@ktrap @NeoTokyoCode @jackbutcher cmyk

[Looser @nukekevdev]

@jackbutcher wait. kycm = cmyk 🤯

[Looser @nukekevdev]

on 11/11 bars open

bar #1,000 costs 1,000 $BALANCE, about $20, and you can melt it back after the close

a jack butcher work with its deposit inside

the math and what would prove me wrong: https://t.co/kdHNakMuq9

CA: 0x3620540c994433D7B4a628C46d2ED5F92572eA07

i hold some

[Looser @nukekevdev]

https://t.co/n8ARtaCx3w

[Looser @nukekevdev]

$BALANCE fell 96% and an $8 credit still holds $8.62

the whole edition raised $977K in september. the whole token trades at $1.05M

the crash just walked the artwork back to its receipt, days before bars

[Looser @nukekevdev]

the crash looked like everyone left

the chain says about $115K of net selling did it, in a pool that thin

98% of released supply came out in the first three days. since then it's a trickle

196 of 305 auction buyers still hold, down 96%

[Looser @nukekevdev]

https://t.co/n8ARtaCx3w

[Looser @nukekevdev]

nobody reads my tweets, which makes this the perfect place to run experiments

new format every post, same mints and onchain stuff

follow to see what works. mostly what doesn't

[Looser @nukekevdev]

the median wallet in this sale got about $13 of tokens.

the whale flipped its $124K bag the same day for $216K, then collected 6.39M more from the others.

one $1M wallet still hasn't moved a thing. that's the one i'm watching.

4crKbHoyphH621HQZEqRsDqfNdL8EaSXTHfZ1jaLqVcA

[Looser @nukekevdev]

$1WIN update. i told you to watch a whale and two $1M wallets.

i can't count.
there were five.
four of them sent their refunds to the whale.

[Looser @nukekevdev]

oct 29: one wallet funds six others with $5.9M
nov 3: $5.8M lands on the whale in 3 minutes
nov 4: $7.8M leaves for what looks like an exchange