2) don't fight momentum/trend

will add to this maybe

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857027)

also tell me when to sell

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857033)

Go on FTX and see what coins they feature -- BTC, ETH and SOL.

BTC = Long term "reserve currency" store of value type asset

ETH = Long term smart contract / DAPP platform where decentralization trumps efficiency / cost.

SOL = Long term smart contract / DAPP platform where efficiency / cost trumps decentralization.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44858356)

im 100% organic grass fed azn

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857128)

what does this mean?

doesn't it mean sell the bottom, and buy the top?

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857137)

the downside is some market regimes exhibit nasty whipsaws so you can get chopped up. but on average you'll do well over a full market cycle.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44861958)

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863550)

Why not BTC or ETH for at 4-8x? SOL is much higher risk at the moment.

Isn't the macro environment still quite poor. ie, isn't there the chance of further dips by winter or the market just going sideways?

Thoughts on buying ETH into "the merge"?

Are there projects other than SOL on your radar for high risk/reward?

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857309)

You are buying SOL for 40-80x. The chance of BTC/ETC doing 4-8x is similar to the chance of SOL doing 40-80x in the long run.

Merge doesn't fix scaling issues, afaik.

Exeunt has mentioned AVAX as another decent buy, but not sure if his mind has changed since 3AC going bust.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857673)

ETH doing a 4x is basically a return to its all time high. ETH works, with improvements on the way, and is decentralized. SOL is a cute pet project that breaks constantly, is not decentralized, and doesn't really have any apps.

SOL might be capable of a greater return during the next bubble, sure. But BTC and ETH will produce a safer return.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857709)

SOL used to break frequently but partly because of its different priorities. SOL is actually trying to ship things asap while ETH hasn't really made any meaningful progress over the past 5 years. SOL is the second most heavily used chain just behind ETH. SOL = not decentralized is essentially a meme. It's sufficiently decentralized against coordinated attacks (high nakamoto coefficient) and made that tradeoff explicitly for scalability and mass adoption.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857780)

2.0 is coming and will literally just run shit

this is all fomo to buy cheap ETH rn - JFL if you dont have a 32 ETH node ready to run

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857792)

lets revisit ETHs decentralization next time AWS goes down.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857857)

ETH has like 5000 independent nodes vs. SOL's 1800 (which is growing very rapidly). ETH's edge in decentralization is really overblown.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857876)

If you are talking about token distribution, whales holding the majority of tokens is not unique to SOL. And even that will correct itself over time as people keep trading

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857990)

sam hasnt bought sol in a long time, and he wont be moving it like he did last year. lol@ you knowing all this stuff and still trying to convince clueless xoxo lawyers to buy into your ponzi LMAO

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859121)

"the only play that has made xoxo money was Samo, a literal fucking dogcoin"

I think you accidentally misspelled "nyuug" as "xoxo" here. A coin called "Solana" collectively made XOXO tens of millions of dollars, but you probably forgot about that because even though you're a genius trader, you managed to totally fuck up that incredibly easy lay-up play.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859897)

it really is the best netowrk ime from using it from cost to speed and UI/UX

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857799)

And aren't the fees pretty high compared to SOL? I know it's cheaper than ETH but if hundreds of transactions cost a few dollars, it wouldn't be very normie friendly

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44857858)

here's my .02, you fucking noobs. buy, like exeunt is saying. expect a flash wick down from big players before we go up though. almost guarantee it.

when media outlets start saying bitcoin is surging again for no apparent reason, start scaling out - this is not 2021 anymore. SOL's marketcap is now too big for the stupid gains we saw last year.

this is the absolute best financial advice you are going to hear on xoxo. period. sometimes i dont even know why i bother with you fucks lol

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859094)

You also called at one point the path to guaranteed riches was to put small money in a lot of SOL micro caps, which was horrendous advise. Your last big call was on Solrise which was a ridiculous call.

Your YouTube channel is a failure and hasn’t grown in a year, you’re a Chaebong Hyung failure working a $60k job in Seoul.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859605)

so you can just suck on deez nuts.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859677)

"Here I am, outperforming literal hedge funds," declared the 35 year old pock-marked Korean manlet wearing makeup with a shit job, no professional success, no family or significant other, and a bunch of "internet friends" (who all actually hated him) as he studiously ignored the fact that he was poor before the biggest and longest bullrun in modern history, he remained poor throughout that entire bullrun (due in part to exiting his positions way too soon), and he is still poor today. "So you can just suck on deez nuts. BANG-A-RANG!"

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859693)

The guy who told XO to buy BTC in 2013, ETH/LINK in 2017, and has been sucking Tesla's dick for years?

Yeah I'm ruined IMO.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862288)

Those were your criticisms of nyuug.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862680)

White as the driven snow

Happily married with sixteen beautiful and brilliant Aryan kids

>$300 million

Extremely tall and hot

Thanks for asking!

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863161)

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862983)

I never said I "called" ETH in 2017. I said I encouraged XO to buy it at that time.

"Oh well so what a bunch of people said that!" sneers the sniveling kike.

Actually, the vast majority of XO was too busy laughing their asses off at the "retards" who "bought into this internet coin scam" and were way too busy treating the small minority of us who were pushing it like a bunch of gullible idiots who were getting conned out of our money to even consider investing any of their own capital at that time. As you should well remember, since you were megapoasting at that time (btw when did you first buy ETH, Bloodacre?).

But I understand that your "point" here is to strongly imply that I'm just a bandwagon faggot who shamelessly tries to take credit for things I didn't really having anything to do with, so sure in order to further that "narrative" we can just pretend that XO was solidly aboard the ETH train in 2017 and it wasn't a widely mocked fringe position back then -- which is why everyone on this bort is now a multimillionaire who has been retired for years. Haha, yeah, haha.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863182)

https://app.solrise.finance/funds/93aCD5PKvpawUxJM7cPdbRgaoSBW66tyaEZf4NPAmLiy

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859700)

the $1 AUM hedge fund and holding 100% USDC was not a meme hahaha

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44860127)

Most SPLs appear to have crappy fdv though.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859722)

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859851)

the good thing about the nuke was that xoxo learned to sell while theyre still in profit. hopefully the board listened to me when i said they should sell

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44860134)

No sympathy for anyone who ignores or snoozes on it.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859900)

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44859931)

A finance textbook would say that the value of an asset is equal to the present value of all future cash flows that the asset produces. The price of a bond is the present value of all future coupon payments, the price of a stock is the present value of all future dividends, etc. Under that definition, the appropriate price for any type of crypto is zero, because it doesn't produce any cash flows. Which already makes me hesitant.

Granted, this definition doesn't work for all assets. Gold and other precious metals are the most obvious counterexamples. But that kind of proves my point. Historically the long-term returns on gold have been approximately equal to the inflation rate but with extremely high volatility. That makes it a very poor long-term investment. The only real case for it is that it can be a diversifier since it is a hedge versus inflation and it tends to zig when the market zags. But we have seen this year that crypto has actually been highly correlated with the overall market and has performed very poorly when inflation is high.

So if crypto does not produce cash flows and does not function well as a diversifier, what is the argument for investing in it that doesn't boil down to pure greed/FOMO? Every time I ask this question, the only responses I get are along the lines of, "Have fun staying poor, Luddite." Which, if anything, just feeds my perception that it is all greed and FOMO.

Like I said, I'm not an anti-coiner. If someone can answer my question like I'm five, I would love that. But I'm only going to invest in things I believe in rather than FOMO because an asset class went up in the past. And the fact that I have never seen a simple argument for why I should expect the asset price to go up makes me very hesitant to invest in crypto.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862214)

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862250)

I think the world is trending towards a place where we cut out as many middlemen as possible. Think how user-owned media emerged as an alternative to the old media where a few TV channels owned all the entertainment shows and contents. Aligned with this general trend of individuals breaking away from the influence of megacorps and middlemen, crypto could reconstruct the way value is passed on from a person to another. I think some of the more serious investors in the crypto space have strong conviction in this vision, which are different crowd of people than those who invest in it because "numbers go up".

Even if you don't buy this sociological argument of web3 and the rise of user-owned economy, there's the argument that the crypto market will absorb the gold market as a new store of value.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862299)

1) When I swipe my credit card at the grocery store, there is a transaction cost, but it is paid entirely by the merchant. But if I pay someone with crypto, I pay the transaction cost. Maybe there a few libertarian diehards who will accept this cost as a way to realize their ideals, but I don't think most people are going to offer to pay additional fees to the blockchain just to stick it to the banks.

2) The transaction speeds for most current cryptocurrency are much too slow to be useful for day-to-day transactions. Am I just supposed to stand in the checkout line for 10 minutes while I wait for the blockchain to confirm that I have enough BTC in my account to pay for my groceries? My understanding is that one of the big selling points of SOL is that is faster than older cryptos like BTC, but it is fast enough to handle the millions of transactions that occur every hour in the traditional banking system? I have my doubts.

3) The Federal Reserve is already planning to make a digital currency. Even if the crypto enthusiasts are correct, my guess is that this proposed FRDC will ultimately drive most other cryptos out of the market. Why would I use a slow and highly volatile crypto like BTC when I could use another digital currency with a one-to-one peg with the USD and that I can also use to pay my taxes?

4) Even if I am wrong about points 1)-3), it does not follow that any of these currencies will rise versus the USD over time in real terms. Other things being equal, currency A will only rise versus currency B if the demand for goods that can only be purchased using currency A exceeds the demand for goods that can only be purchased using currency B. And what can you purchase with crypto that you can't purchase with USD? The only answer I can think of to that question is "drugs on the Internet." That doesn't seem like it will be sufficient to push the price of BTC higher versus USD.

5) As I noted in my earlier poast, I have heard the "digital gold" argument. That's hardly a great selling point given that the real returns for gold have averaged around zero with extremely high volatility, and the fact that crypto collapsed in a period of high inflation and rising interest rates suggests that it does not have the diversification benefits of gold.

So yeah... I appreciate the effort to answer my question, but I am still definitely not sold.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44862954)

https://www.youtube.com/watch?v=79UeIp3ngjk

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863224)

but digital gold is probably the best argument. the difference between the returns of gold v crypto is that crypto has yet to achieve gold like market cap and is in the process of doing so, whereas gold has been in rough equilibrium for centuries

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863173)

yes, but the long run is probably centuries

given the massive risk in crypto, a rational market will not bid up the price to the point where the expected return is 0. it would embed a large risk premium to make holding it worthwhile.

with massive institutional interest and the easy availability of shorting, crypto's pricing is getting more rational (see the hugely increased correlation with equities; prior to this, crypto was an amazing diversifier and arguably a free lunch).

>And what is the evidence that crypto still has room to grow before it reaches the equilibrium price?

it's a judgment call and the biggest source of uncertainty. a simple way i see it is if gold's current market cap is about $10T, that's about a reasonable target for crypto to hit over a multi-decade period.

>Isn't it equally plausible that crypto is currently overvalued and will crash more before it reaches equilibrium (followed by a long period of zero real returns)?

maybe. the people who get this question right have the opportunity to become rich. i leave it up to you to come up with your own opinion.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44866135)

http://www.autoadmit.com/thread.php?thread_id=4970709&forum_id=2#43493030

the entire nuke these guys said nothing about selling like all these same fucks suddenly are saying to buy.

funny coincidence right? there is substance to buying when the xoxo pump group tells you to buy, but these guys are absolutely scammers. as long as you take profits this time youll be fine imo.

it wont be just up only from here though i can guarantee you that. there will be a lot of chop and pain. certainly nothing like last year.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863094)

you are literally too stupid to have opinions about this

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863150)

But there have been some recent changes:

- SBF and FTX are really emerging as the most powetful and competent crypto instituion in this bear where many of the major institutions are going bust

- SBF has resumed his association with SOL. Made some bullist tweets (one this morning) and is backing SOL's mobile projects (Saga, xNFT, SMS, etc.)

- SOL's network has become more stable and is expected to be even more stable with new updates

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863429)

2nd point - not really, he's just expecting retail that hasnt been watching closely enough to our TPS to believe him and buy his bags (he's not going to be shilling near, aptos, or sui because retail realized all these shitchains are cash grabs)

3rd point - invalid

the aury mints, degen ape mints, and a couple other literally broke solana. there havent been any new mints in a long time - prob bc the higher ups told the devs to stop fucking minting until SOL goes up again - so we dont really know if the fixes worked

at this point, xoxo should know how coordinated everything in crypto is, especially SOL and its cabal. amy + lightspeed, mechanism, spartan group, all of those fucks involved turned out to be literal con men lol

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863468)

what the heck are you talking about bro...

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863585)

You're talking to a "financial genius" (nyuug really thinks that about himself btw not flame even though he has always been and still remains one of the poorest guys on this message bort) who miraculously managed to *lose* money on the one coin that made even total retards like Obeezy tens or hundreds of thousands of dollars or even millions of dollars during this last bull cycle: Solana.

Interestingly, for reasons that surely have absolutely nothing to do with what I just noted above, nyuug is now very down on Solana -- "it's basically a scam," "anyone telling you to buy it is just trying to dump their bags," etc. Odd case haha.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863622)

xoxo is so full of shit it isnt even funny lol

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863694)

Here's my crypto resume:

- I have date-stamped threads hawking BTC aggressively in 2013.

- I have date-stamped threads hawking ETH aggressively in 2017. (Not claiming I "found" ETH, but I was one of the first ones on the bandwagon.)

- I have date-stamped threads hawking LINK aggressively in 2017.

- I was on the SOL train within weeks of Exeunt recommending it and then spent 2021 pushing it aggressively myself in numerous date-stamped threads.

Here's your crypto resume:

- Missed the first three currencies entirely

- Came to crypto almost a decade later than most people on this board

- Finally aped in right in the middle of the biggest bull market to date, yet still managed to lose money "day trading" the last currency (which made tons of people on this board rich), and your most famous date-stamped crypto thread is one warning everyone to "exit all exposed positions immediately"... right before the big push up to the top of the bull peak

- Have nevertheless somehow concluded (because you're completely retarded and lack all self-awareness) that you're some sort of financial guru crypto genius who deserves respect and attention and anyone who dares to call you out is just "full of shit"

Go back to eskimo kissing stupid whores, you pathetic makeup-wearing faggot.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44864100)

even you have to admit, there was no one telling people to sell after we peaked, and certainly not the kind of vocal jim cramer BUY BUY BUY shit thats going on right now.

if jim cramer BUY BUY BUY poasting helps xoxo buy, these same geniuses ought to tell xoxo when to SELL SELL SELL. you have to be able to make both calls to be really good. Q4 21 was pure tabasco et al. manipulation, even you know this man.

and then these same shill groups telling people to buy LIQ protocol when the team turned out to be a confirmed rug lol. at least i told people to sell solrise and they turned out to be a legit team (although with a badly botched roadmap)

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863363)

exeunt has proven himself to be good at calling entries. no one on xoxo is good at calling exits. gatormo and all our other whales were silently selling the fuck out of the tops, did you see him and any of our whales making threads telling you to sell? they only say they've sold long after bagholders realize what's happened

play the game, or the game plays you, my friend.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863395)

You were a lot more vocal about buying sol shitcoins than exeunt, who has never said anything about it. Exeunt never said anything about LIQ.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863401)

not saying exeunt was the one shilling LIQ. a bunch of random posters and pumos always show up when they want posters to buy, and then never tell people when to sell. there are clear pump groups here who are preying on the board. in reality, the VAST majority of posters prob just HODLed down until now, and dont want to admit they lost prob 70-85% of their gains.

you guys have my addresses, you can see what my moonbags look like and how much they went down. i dont need to LARP like the rest of the board lol.

it's funny how all these dumb fucks always come out of the woodwork and claim they know their shit, and none of them do their swaps on-chain in public addresses for xoxo to judge.

it there was a real bull run coming, i think he'd advise a smaller marketcap coin that not many people know about. recommending only a SOL buy tells me only majors will have a final scam exit pump in the next couple months before a real winter, instead of a '21 like run

a16z announcing a billion dollar fund doesnt mean theyre going to be suddenly buying SOL on secondary - they're going to be seeding a thousand shitty gamefi and metaverse projects, on private, just like samani was buying SOL at .05 or something.

retail actually thinks these funds will be pumping their bags. they're delusional.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863443)

exeunt is rich

you are poor.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863752)

both raise good points <3

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44864321)

"to sell a crypto w $10b+ market cap and $1b+ daily trading volume"?

"all I see is you pumping your shitcoin bags"

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44868110)

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44863784)

Just after CPI and figuring inflation had peaked cuz of commodities prices would lead to a substantial bear market rally?

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44864265)

This is still low faggot, SOL is going to $1k+ within the next few years. Stop whining.

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44864274)

" 2) don't fight momentum/trend "

(http://www.autoadmit.com/thread.php?thread_id=5154156&forum_id=2#44864293)