Richard Ma

Angel investor l 200+ startups over 7 years

CEO @Quantstamp

$zBTC $SOL $BTC

[Richard Ma @rtmtd_HK]

@Rugaholic congratulations with your $1,000 😂

[Richard Ma @rtmtd_HK]

@JTNTTX @memecoinmuscle @peelyeth show me the listing. Cryptocom simply value their reputation and do not want to say that they were hacked, or that an employee decided to make money on a scam token. no official announcement.

[Richard Ma @rtmtd_HK]

@derdude1986 @memecoinmuscle @JTNTTX @peelyeth cause its scam token

[Richard Ma @rtmtd_HK]

@memecoinmuscle @JTNTTX @peelyeth I realize that, I just said it was a fake, that's all. Too many red flags. All the blame will fall on crypto com.

[Richard Ma @rtmtd_HK]

@memecoinmuscle @JTNTTX @peelyeth That is exactly the problem, they don't want to admit their mistake and people will lose even more money.

[Richard Ma @rtmtd_HK]

@Rugaholic they bought it for 13k and sold it for 35k, dev didnt buy anything else. you'll lose all your money

[Richard Ma @rtmtd_HK]

@memecoinmuscle @JTNTTX @peelyeth real kanye buys his $YE for $13k and sells it for $35k. Aren't you guys laughing?

[Richard Ma @rtmtd_HK]

@JTNTTX @peelyeth https://t.co/xMWiGJaMOD doesnt want to admit theyre wrong, thats all.
Expect to hear in the near future that an employee made a mistake with $YE CA or something like that.

[Richard Ma @rtmtd_HK]

@DramatikNoR no its fake

[Richard Ma @rtmtd_HK]

@JTNTTX @peelyeth Anyway, everything is fine now, and other than the fake token, there were no consequences.

[Richard Ma @rtmtd_HK]

@JTNTTX @peelyeth just an attacker got access to X, and created a fake token, made a post and as soon as the post was noticed and deleted, he sold all the tokens.
They are investigating, but I'm pretty sure one of the https://t.co/xMWiGJaMOD employees was hacked and didn't admit to it.

[Elon Musk @elonmusk]

Yes

[CZ 🔶 BNB @cz_binance]

TST got listed on Binance. A few thoughts:

1. CZ said “fundamentals”, then talks about a test coin turned meme coin.

I posted to clarify that TST was NOT endorsed by me/us. It was just a test token used in a video tutorial. But every clarification post just made it more viral for whatever reason. 😂

2. Is CZ shifting away from fundamentals? No. I am a builder. I always focus on fundamentals.

3. Is CZ “into” meme coins now? It depends on your definition of “into,” I haven’t bought a single meme coin so far.

4. Then, is CZ against meme coins? No. Not “into” something doesn’t mean I am against it. I am not into sports cars; I don’t collect art; I haven’t bought any NFTs; I also haven’t bought most altcoins (I hold BTC and BNB). But I am not against any of the above. And I think most of you’d agree, that I have worked hard and "gone to some lengths" to help many altcoins and the crypto industry in general. I adopt the same view towards meme coins.

5. Why did TST get listed on Binance? I don’t know for sure. I am entirely NOT involved in their listing process. Based on historical experience, people always complain, “Why do you list this but not the coin I hold?” You might not like to hear this, but the truth is: exchanges must compete to list popular coins (with trading volume) as early as possible. If your coin is actively sought after by traders, you don’t need to talk to exchanges. As I always say, work on your project, not the exchanges.

6. Why do people buy memes instead of utility tokens? I don’t know, but I will go on a limb and make a few speculations (pun intended).

6.1 During the last four years, a powerful regulatory agency sued almost anyone with any utility token, falsely claiming they are securities. So, people started to launch memes.

6.2 There are groups of traders known as speculators. Things with clear tangible value are harder to speculate on. They stay around the clear value. This is indeed a challenge for RWA. For example, a building whose value doesn’t fluctuate much may not have a lot of trading activity. Then, it won’t have much liquidity, and the order book becomes thin, then even less trading activity, a vicious cycle.

6.3 Memes are fun, etc. It’s a cultural thing. I am not an expert in this area. There are plenty of die-hard defenders of memes. Don’t go against the community.

7. Lastly, it’s clear there are lots of money ready to invest in the market. Lots of opportunities. You need to build things people want.

Happy building and happy memeing! And manage your risks. 🫡

[Richard Ma @rtmtd_HK]

@infecteddotfun Registration completed
@infecteddotfun

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[Richard Ma @rtmtd_HK]

@r6m6ri6 You're a CEO? Does Henlo know about this?🙂

[Richard Ma @rtmtd_HK]

@ParmisaRad @saharaai its legit?

[Richard Ma @rtmtd_HK]

@BrianMillekn nooo

[Richard Ma @rtmtd_HK]

Registration completed @infecteddotfun
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