noceilings

The amount of money being systematically extracted in small increments, a few hundred or sometimes a few thousand dollars per token, across hundreds of deployments a day, is absolutely mind blowing. I guess, as Sebastian says, game is game. After all, nobody is forcing people to buy their garbage deployments. But when you look at the bigger picture, the whole thing starts to look like one massive extraction scheme, starting with the same thing that caught people’s attention in this tweet - yup the PNL card. The people buying these trash deployments are often doing so because they constantly see the insane PNL screenshots posted by our favorite “trenchers” on the timeline, like the one attached here for clickbait🤣 $100k+ months, nothing but green days, seemingly endless profits. These same people posting those PNL’s constantly promote trading fresh pairs, making newcomers believe they can achieve similar results by buying random garbage tokens with no fundamentals, no proper dev, and absolutely nothing behind them. They aspire to become just like those cancerous CT timeline trenchers, without realizing what might actually be happening behind the scenes. And here’s the plot twist: Some of the very same trenchers posting those insane PNLs are also the ones deploying the tokens and extracting money from the exact people they’re teaching to buy this slop. They’re essentially making money off the people who look up to them, while those same people believe they’re learning how to become profitable traders. It’s actually insanely funny when you think about it. The people selling you the dream of becoming a successful trencher might be the very same people making sure you never become one. We need all that stupid money to flow into good token, where real team work happens and stop feeding those devs.