shoni.eth
@alexpaden
As a quick follow-up, what I’m saying doesn’t have anything to do with the token launchers themselves; permissionless launches like this don’t require the creator to be involved in such “farming” techniques. Actually, it makes more sense that they don’t, because it reduces awareness, and blame is almost always oriented at them despite otherwise decent intentions. It enables a constant rotation of new token/project supply. Food for thought but DYOR.
1 reply
1 recast
4 reactions
agusti
@bleu.eth
after a while around the patterns seem to emerge innit
1 reply
0 recast
1 reaction
shoni.eth
@alexpaden
pattern was always obvious that's why people talked about cabal despite the term being used so loosely that people joked about it manipulation/insider trading is as old (n) as trading itself +1
1 reply
0 recast
3 reactions
agusti
@bleu.eth
yeah idk, i kinda bought into the idea of true decentralization first, i think the main issue is we don't have a big enough mass for a few to not manipulate markets, just like in regulated markets anyways. I guess the lesson is crypto or tradfi, doesn't matter, human nature prevails. story as old as time
1 reply
0 recast
1 reaction