six
@six
Individual memecoins become more -EV to trade the more the asset class grows There are inflections points like right now with large liquidity inflows into crypto, where we were here early and it has been easy to just sit on coins and watch the number go up This was essentially a market inefficiency that we identified ahead of time, and now the gap is being filled It’s not always going to be like this
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six
@six
Your chances of hitting 100xs go way down as technology continues to equalize access to information, data, and compute
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m00npapi.eth
@m00npapi.eth
Brother there’s been multiple hundred X’s in this year alone — or last week — or today — and people saying the bull run just started — it’s been happening ppl here it’s just now eth is finally moving Ppl say this every cycle - it’s not the tech but the information that is valuable aka being able to put the picture together before someone else and in that there’s always a bull market somewhere
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six
@six
We’re talking about different time frames, I’m not talking about this cycle I’m talking about like in 2030 It’s simply a fact that as asset classes being more consensus there’s less asymmetry to be found
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m00npapi.eth
@m00npapi.eth
Fair enough like as it matures it goes from growth —> value Meta looks more like ATT than he does NOVO nordisk (ozempic) I still think markets are the dissemination of information in real time — look how old dogs like defense stocks moved before/after the invasion of Ukraine — i think we are talking about two different things but I’m more saying that there are simply times when volatility is high and then there’s times that there aren’t — which I think is pretty independent of how mature a market is
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six
@six
Yea i get what you mean and agree, feel like we’re on the same page but referring to diff things — seizing opportunity during volatility (these opportunities will always be there) vs. having “easy” returns because crypto and memes are still contrarian (but won’t be for long)
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six
@six
Will add - the reason i mention tech even if it’s information that’s valuable (which i agree w) is that there’s probably something wrt AI being able to instantly ingest process and act on new information much faster than humans can. So information alpha gets priced in much more quickly Also just more ppl online and participating in markets leads to the same
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