DoomPosting
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Degens Deteriorating
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Curious to see what will be the actual consequences from this.

Seriously.

Can name half a dozen in both the great and terrible directions.
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Absolute state
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Absolute state
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DoomPosting
Multiple big twitter influencers get together to do a memecoin launch yesterday. Hard to count all the things that went wrong here. Gambling retards will think it’s all about: + The meme + Influencers with huge follower counts mentioning it Horribly wrong.…
As I’ve been saying for years,

Q-values,

and especially the conditional liability component of Q-value

= fundamental driver of all intelligent behavior

If you are willing to invest in those taking on zero serious liability of any kind, typically in terms of up-front cash they stake and/or threat of serious reputational damage making their years of reputation building wasted,

Then they are incentivized to scam.

Prior to BOME, Darkfarms1 follower count was tiny, but that wasn’t what mattered. What mattered was he’d been investing in his anon reputation for years, and that’d be all screwed up if the coin tanked.

(That and the 24h presale convincingly demonstrated relatively big money being put on the line.)

Liability-based theory of value.
Darkfarms1 total follower counts leading up to $BOME launch,

and the giant spite upon $BOME launch.

Was never about biggest followers counts,

…And if you ever thought it was then you’re an absolute moron, should never give investing advice and stay far away from any kind of tech or meme investing.
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What’s for sure is, any web3 celebrity who claims they got their high follower counts “because they’re a great trader”

= absolute lie

That’s not what drives big twitter follower counts.

Not. At. All.

Large real twitter follower counts are almost entirely driven by anointment from those who have big follower counts.

Existing large accounts quoting, retweeting, or replying to you, driving their audience to you.

Practically no other substantial means of discovery on twitter.

Definitely not true that good trading calls gets you huge followers.

Can wish it to be true, but absolutely not true at all.

Many of the top-alpha accounts on twitter having tiny follower counts.

Rise of ansem pretty sus.

As is the rise of virtually all twitter celebs, by nature of how twitter discovery works.

All anointment.

All sus.
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why memecoins not tech
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