alex on Warpcast

alex pfp

@proxystudio.eth

zinger, wake, basil are some of a few fc users that seem to really build and stand by long term positions as traders think that farcaster is on average more dump-y than the twitter trenches, not sure what explains that or if its even a reality (could just be my perception)

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kevin j pfp

not enough people participating so fears that it doesn't go the distance, leads to paperhanding more breakthrough coins will solve this but so far only clanker and anon have breached 10m this cycle it's greed and fear at the same time

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mike rainbow (rainbow mike) ↑ pfp

mike rainbow (rainbow mike) ↑

@mikedemarais.eth

we aren’t dumpy you are dumpy

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I like seeing more solid projects deploying their tokens now. Moving away from the casino memecoin gold rush to something more substantial. The cracked builders are here ready to build.

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ns pfp

Base is full of jeets. The prisoner’s dilemma is therefore exacerbated. There aren’t enough actual traders with liquidity on the network yet.

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yerbearserker.base.eth 🧉🎯 pfp

yerbearserker.base.eth 🧉🎯

It's def dumpy rn. I think it's the overall climate that is leading to the very very mercenary activity around tokens onchain around these parts. Feels like many people with smaller funds looking to overextend in super speculative ways looking to get homeruns, who will very quickly take profit/take out loss, and try to find the next greenest pasture. Can see that fast/major rotation between asset types (Clankers > Virtuals > etc), and how that fast move in/out is currently bypassing a lot of the more mid-longer term building elements. I think that, until there's more onboarding with fresh users and fresh funds, the behaviour is likely to continue in terms of the audience that is allocating the funds

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colfax pfp

i fee this way too, but also funny to zoom out and see doginme / skimask / bpepe etc just absolutely fucking sending

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matthewb.eth pfp

most “traders” on FC are big time noodle hands, very obvious to anyone who has held non-FC coins over the last year+

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artlu pfp

good opportunity for data! X-axis: FID Y-axis: diamond-hands score size of dot is total funds that have flowed through the wallet diamond-hands score is dollar-weighted holding period?

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Ael 🎩🍖 pfp

I think fc traders are more skilled on average than twitter traders. So the skill brings sharper trades, exiting risky positions earlier. Harder to compete against. On twitter it also happens in cycles, during active memecoin cycle you can easily out-trade most normeis. When cycle dies down, trades become sharper and sharper with mostly hardcore traders who pvp each other aggressively. Somehow, I think we need a bit less pvp in general to retain normies long term. Sure with good skill you should still be able to outplay them, but they shouldn’t get liquidated and still have some gains.

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rphgrc.base.eth ↑🔵🎩😺 pfp

rphgrc.base.eth ↑🔵🎩😺

i believe that fc users could be more dumpy because we have the feeling that all the coins we invest in, are just being invested by other fc users only. so less folks = less new cash inflows = more short-term greed when pumps occur

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SchmRdty.eth 🎩 pfp

SchmRdty.eth 🎩

i do see a lot of dumping. Though i feel like things used to be different, idk, if not on a large scale then at least me personally. Though i try to do what i can with what i hold. some times impulsivity wins but never to the detriment of others.

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Aghahowa.base.eth🔵🎩 pfp

Aghahowa.base.eth🔵🎩

Held many clanker coins to dust Held many to a million plus MC You win some you lose some but you have to hold long enough to be lucky. Next I’m betting on is $BNKR, holding that like a thief

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