artist for @tetranode. meet me in the abyss | @adeepabyss.
Joined October 2020
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ratwell retweeted
already possible?
you can trade and launch tokens on abyss via twitter already since many weeks
ratwell retweeted
people seem to think abyss is only a launch pad still and that's fine it is
but its also an exchange, and exchanges should provide assets users want
so i'm looking into to what i can do to get some of those exotic assets on robinhood even with low initial liquidities
ratwell retweeted
Here's where I see a lot of people get their price action analysis wrong. People will get bearish whenever price drops, no matter what. That makes no sense. Pullbacks and consolidations are normal in a bull market.
What matter is *how* it drops. There are bullish 10% drops and bearish 10% drops. Were key supports lost, what was the velocity of the drop, how did the market react at the bottom, is it inside of a channel, etc.
Going full bear and selling/hedging every time price dips isn't a winning strategy.
ratwell retweeted
not only am i not worried about the crypto community's ability to handle the upcoming ai/quantum threat, i will venture to say that in the next 2 yrs the world will realize crypto is far better prepared for it than the rest of the internet and finance. we've had a trillion dollar *irreversible* honey pot for a decade, producing a far more battletested system and adversarial security culture than pretty much anywhere else on earth.
As AI makes software easier to understand and vulnerabilities cheaper to discover, keeping code secret becomes a weaker defense. Mature Ethereum applications have already had to survive with their code and assets exposed to public scrutiny. Could that leave them better prepared than legacy financial systems whose weaknesses have remained hidden?
imagine hamster racing but its an entire blockchain
Squeekchain Sepolia Test xitter.cf/i/broadcasts/1XxygwqnP…
Issue number 1 is what @adeepabyss Layered liquidity is designed to fix.
Instead of selling most of the supply cheap upfront, it spreads tokens across overlapping price ranges. As price climbs, liquidity stacks up.
At the default $15k opening MC:
• First $1k buys 4.4% of supply
• Only 8.8% sold by $100k MC
• Half the supply isn’t sold until ~$34M MC
• At $50M MC, ~$3.9M of buyer money is in the pool
The point: early buyers leave something for everyone else, and the market has depth as it grows.
people in my replies saying 'stop being so negative, be constructive, what would you change' etc etc, so to summarise things I've said across many different tweets over a very long time:
1) structural changes to bonding curves and liquidity post bond to fix the paper thin liquidity on coins deployed into pumpswap pools.
2) meaningful support from top brass on long-lasting, culturally important memecoin communities, both through comms and capital invested into (see glass full foundation, an initiative they abandoned as soon as they started it) to promote sustainable narratives. deeper liquidity would also prop up these coins to absorb volatility and not be subsumed by the diddy spiral, to borrow a term.
3) the severing of ties to extractive KOLs and serial deployers through their retainer scheme and those given pumpfun badges
4) reworking of callout payment scheme to stop funding KOLs who abuse it on incredibly short median hold times) - callout payments should be big for those who buy early, shill to an audience, and then hold it long term as it appreciates in value over longer timeframes.
these are just a few of the meaningful changes in approach that would seriously help a positive pivot imo. the liquidity issue is the most egregious, and has been from the jump since they migrated away from raydium pools.
ratwell retweeted
Pumpfun is basically the only crypto company spending HUGE to shape crypto culture.
Rest of the huge warchests seem busy with trying to shape policy.
If Coinbase and Robinhood want to compete for retail eyeballs, shouldn't they be buying everyone like pump is?
ratwell retweeted
several crypto guys are reposting my minecraft ascii demo and linking crypto coins
to be clear: neither I or Kaigen support any crypto token, the project is a non commercial tech demo.
if you find any of these posts please report
