PvP, or “player vs. player,” is a phrase used often by shitcoin traders to describe this current market cycle. The sentiment it evokes is predatory, where winning comes at the expense of others. That is so TradFi. The express purpose of the crypto...
Betrays a naive misunderstanding of how price discovery works. Dropping prices for new listings by 40-50pc as suggested here wouldn’t make any difference at all. Retail would still lose a similar amount of money because there is no fundamental value in most projects. Price is the only metric and the only dynamic in 99% of ‘projects’.
amazing insight's Arthut, TY <3
We're already implementing on our project, hence seems we are ahead of the trend
Betrays a naive misunderstanding of how price discovery works. Dropping prices for new listings by 40-50pc as suggested here wouldn’t make any difference at all. Retail would still lose a similar amount of money because there is no fundamental value in most projects. Price is the only metric and the only dynamic in 99% of ‘projects’.
Very similar line of thought as Murad’s memecoin thesis. Thanks for the deep dive.
Arthur this is a quick read. Maybe you will encounter some new information.
https://anonymint1.substack.com/p/whither-the-markets-and-global-economy