Invoker

It is deeply discouraging how short the memory of CT is. A perfect example of the long-term, destructive impact of KOLs like @blknoiz06 on this space can be seen in the current trajectory of @papertrade_xyz if it isn’t obvious at first glance. The TVL of @papertrade_xyz has been down only. But where did that capital go? It went directly to the $PAPER stakers. As TVL collapsed, so did the trading volume on the platform. The exact same pattern is now playing out across the broader altcoin market cap. With the rise of @Pumpfun acting as a literal casino, we are seeing a mass deployment of tokens driven by KOLs like Ansem, who essentially lead their followers straight into a slaughterhouse. Why is the ceiling for new tokens continuously dropping even as the industry goes mainstream and more people get involved? Just like in the case of Papertrade where the capital lost by users was transferred to stakers - retail investors entering the market lose their money 99% of the time. This capital is simply being transferred to people like Ansem($ANSEM), who play the role of innocent guys shilling microcaps. In reality, these KOLs act exactly like paper stakers: they make money precisely because you lose it. The consequence is clear: we went from a cycle where tokens went to $10B, to a wave of $1B tokens, and now we barely see tokens going to $100M. The ceiling keeps shrinking. Even established alts like $ETH have stopped moving up continuously from cycle to cycle. All of this is happening because potential buyers of fundamentally sound coins are being aggressively funneled into garbage promoted by Ansem. The worst part is that the losers are completely invisible. You don’t see the people who lost their life savings on your timeline. Instead, all you see are the few lucky winners farming likes, reposts, and engagement, which tricks newcomers into a false reality. Even those who lose everything come back thinking this is the standard baseline - believing the only way to make money is to gamble on the next shitcoin, which inevitably goes to zero again. It is truly sad and terrible. Honestly, I don’t see how this can be fixed unless Gary Gensler unironically steps in and puts all of these grifters in jail. The average retail participant simply won't figure this trap out on their own. I swear if Ansem and other garbage KOLs shilling microcaps will have a public wallet trading only major alts all of them will lose all of it. The reason they make money is garbage shills and extracting out of the space. And the most importent this being praised by the whole community.

toptober - nukevember - rangecember - moonuary

.@blknoiz06 asked him to quote tweet on this so i did here is the update $BTC $74k soon $ZEC $750 $ETH $2,350✅ $SOL $95✅ $HYPE $73 you can't make this up until all of these hits, expect ZEC i guess

4y cycle enjoyers know that there is no point in rushing anything until january

Have you said thank you for this amazing two years once?

There is still people who think if Kamala won instead of trump crypto wouldn’t have pumped lmao

Bring back gary gensler and put all these KOLs including ansem in jail

It could always be worse, tbh. You could be the guy who watched all the celebrity memecoins last cycle go to zero, then saw @blknoiz06 launch a coin on his own platform with the narrative that the "WIF dev made it"—featuring a 99% tax—that pumped to tens of millions and crashed to zero a few days later. And then, after all of that, still bought $ANSEM at a $300M US dollar market cap to "fund his budget" for this bull market. Without jokes, when CT was much smaller a few cycles back, anyone doing something that stupid would get a claimo on their name and simply be ignored - never trusted again. But now, CT is so big and most people just have fish memory. I literally swear Ansem could go offline for a year, come back when BTC is at $120k, launch another meme with literally the same ticker, and people would fall for it again, screaming "HE'S BACK." And all of the non-OG KOLs would simply support the whole circus all over again just for a few likes and a check for a few hundred bucks from Elon Musk. And who knows, maybe @a1lon9 will slide into your DMs if you tweet good and often enough, offering you $1k to shill @Pumpfun . Some would actually agree and feel smart about it, thinking it was right to not skip on the chance to praise the latest big scam. Idk, it just really makes you feel sick when you think about it. Maybe even the Twitter-to-X change and @elonmusk directly contributed to all of this. It’s some real rat game. Is this what capitalism looks like? It doesn't matter what smart people think, and it doesn't matter what the right moral choice is anymore. The only thing that matters now is likes and reposts. That becomes the consensus that everyone is told to think is fine and true. And the biggest beneficiary is Musk himself, along with a bunch of high-profile dick suckers on this platform, being able to dictate every single narrative. He knew exactly what he was doing and what he was buying Twitter for from @jack .

The only thing im sad about is that I didn’t bookmark the people who tweeted a month ago “look at these stupid 4y cycle believers now”

Giga stong lvl play on $BTC as usual. "It only happened becouse of binance hack" I think the market would find other reasons for this nuke anyway. Think a sweep of $75k atleast should be on the line.

Update: The 75-67k range and the next 2 months are going to be the time we all have to lock in on $BTC, then you can flex your entries a few years later. The actual bottom guess plays is for fools, the retest play before the raging bull market is the time to act.

It seems like the @papertrade_xyz gamblers' counter-indicator predicted the Binance hack, lol. Since their last update, the OI went down significantly. But even though we are trading about $7k lower now, it is heavily long-sided compared to the total OI. I'll use the counter-indicator until it stops working. Tbh, I'm starting to think that, by nature, overall gamblers just prefer going long instead of short. So, I have developed a theory that the @papertrade_xyz LP will nuke past $2M and even below 0 as soon as this chop ends and the inevitable bull market starts with much more aggressive moves than we have seen to date. This is still the bear market year of the 4-year cycle. Imo, $PAPER stakers will print until the god candles to the upside appear, so for a few more months. But then I'm not really sure how it goes from there and how the protocol will manage the LP at 0, because it will inevitably happen.

I’m sorry $ANSEM holders, “behind the scenes” mentioned, run while you can.

I think before every good dip/nuke on $BTC there was a narrative in which CT was amazed how greatly BTC holds a particular lvl for so long while the broader market does bad, then BTC pukes like 5-10% in a day.

Really interesting weekly dodgy candle on $BTC in the middle of the week.

You thought you can fool the @papertrade_xyz house? Still overall a bunch of net longs so is the sentiment IMO, LP back to 5M, let's see how the yield gonna look like below 80k $BTC