timdaub
@timdaub.eth
Unclear what Merkle does to protect against sniping. Who is trading the token before Merkle sends out the notification? Do employees trade? Also: Just featuring legit people is not a no-rug guarantee. Snipers can buy coins and dump on the Farcaster community after the pump notification. I asked @dwr.eth how they protect against this. No answer yet
8 replies
3 recasts
19 reactions
df
@df
lol glad to have your bad takes back Tim! My guess is it's algorithmic, so you could probably snipe the algo yourself
2 replies
0 recast
7 reactions
timdaub
@timdaub.eth
OK so some more technically sophisticated actors are going to farm the community of this app based on the idea that some dummies are unaware You know the reason I attacked Dan is because I want to hold him accountable for creating shareholder value for Ethereum with his power/money. To me just defrauding people a bit differently is not what I mean by creating shareholder value
2 replies
0 recast
4 reactions
Dan Romero
@dwr.eth
>...I want to hold him accountable for creating shareholder value for Ethereum with his power/money. lol, I don't think that's how it works > To me just defrauding people a bit differently is not what I mean by creating shareholder value You're making claims. Who has been defrauded?
2 replies
0 recast
3 reactions
timdaub
@timdaub.eth
How much of the cash flows for ETH holders comes from borderline fraud related activity like memecoin trading? Spoiler: It‘s a ton! Is this what we want to base Ethereum‘s fundamental value prop on?
2 replies
0 recast
0 reaction
Kruger
@krugah
My response would be to buy shibli and forget about it
0 reply
0 recast
0 reaction
