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Ramsey 🎩🤝
@ramsey
People don't mind that kabal people got in a presale. They mind that they were not in that kabal. Needless to say, I am one of those people
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SQX
@sqx
It’s not the presale. It’s the way they sold us the purity of it all. And yes. I can be silenced for $$. Haha. Not really. But kinda.
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Ramsey 🎩🤝
@ramsey
I agree, it's not as black or white as I make it to be. And a bit of transparency goes a long way. That said, the point stands - basically anyone here would buy if they had the info. What was it, 50-70x in a few weeks? No one would say no.
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SQX
@sqx
I’m irked by the claims of not understanding the dynamics of what they were doing. Supply / demand. But they are supposed to be building an AI bot to invest. Something just doesn’t smell right here. And locking after the fact. Or giving away gains. I’m not coming through to say thanks. Again: the who’s who badly botched the dynamics. Dish runs the whole operation too. Who’s leading the ship. They should have seen this outcome. So they either did and then lied after the fact. Or didn’t and don’t deserve the value of the attention. Experimenting. Bro. Tradefi been running presale. IPOs. Secondary pricing. For decades.
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Ramsey 🎩🤝
@ramsey
Yeah, saying "it's locked" begs the question of "when". If you locked after bfg made his cast, this is a bad look. And basically damage control. I don't think dish was in on it.
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SQX
@sqx
I do t even think it was a hoodwink. It’s just unfortunate example of unserious space doing things without thinking through the natural order of effects. I would if launching a token. Do many of the same things. Small dedicated group with a long pre lock that gets 5-10% (would have made this wider as well and made sure people were aware of rhe structure ;~ 50 people, min buy in) But it would be a 2 year lock and a slow vest starting at 6 months Why ipos go on 6 month road shows 🤣🤣 we get 1 hour BUY IT NOW. I would run a second presale that is public for 20% . The. Release to the wild. Not sure what the reason for locking 30% was. When they resold 30%. Squeezing the float so much caused the initial spike. My brother in law does this IRL for I bank. 🤣🤣 runs ipo books for companies. And sets em to market. 🤣🤣
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