A lot of these things that happened, I fell into, which is epic. This sequence of events will leave you scratching your head, so I’m going to go slow, for all you in the back.
When you create a new account on Twitter, you put in some basic info, including use of either a phone number or an email. Remember that part. All of this would have been different if I had been forced to use a phone number every time.
After you put in basic info, The King Twit forces you to see his pretty face and choose at least one account to follow and 3 interests. Once you’re in, any of those arbitrary controls can pop up again based on your behavior within Twitter. After your account is created, your advertising profile gets created. An advertising profile is “you” bottled up into keyword verticals intended to make it easier for you to be tracked all around the internet by using cookies. Relationships and unions are built between the cookie, like where you were, what you did while you were there, how long you were there, what you did next, and how you used the browser. In the biz, we call this web analytics. More specifically, personal data collection for no other good reason than the business gives you access to the service, but not totally for free. “Let just say you don't pay... With money…” [$Summer-“Something Ricked This Way Comes”]. Your data is bundled with millions and billions of others based on these relationships and sold to advertisers so they can get eyes on their products. Getting eyes on your products or presence online, is called “engagement”. Whether you agree to this or not, it is done. Some level of profiling is done to the end user to harvest their company’s bottom line.
So, I created a few Twitter accounts to be used to follow ben.eth. I had one for retweeting Cryptotwitter(CT) influencer’s stupid posts to see if anyone would actually deliver. I had one for trying to drive traffic to a new idea I had, I had one that I used to give other notable characters in the crypto space an idea. Influencing isn’t that hard, which is why it seems like everyone can do it.
The Reddit username u/SeaReaction1912 was created 12/26/22. u/SeaReaction1912 refers to a “user” [“u”]/ [”the user’s name”]. If you browse to https://reddit.com/u/SeaReaction1912 it will show you a user profile (well active accounts would).
You can check any user by username this way. This is a nod and alignment to one of the core tenants of web3, that your website is your brand is your presence, online, and you can expect social media services to behave predictably whether accessed via a browser or API (Application Programming Interface).
r/Superstonk represents a “subreddit” (forum for us greybeards) [“r”]/ [“subreddit’s name: Superstonk”] https://reddit.com/r/Superstonk.
Web2 was the internet moving from being a teenager that just plays around with it too much, to mastering software deployment mechanisms and really “programming” the web to be flexible, self-healing, ephemeral, and reliable enough to be trusted by those who don’t have a clue or where to start.
I first created this account because I was experiencing a personal issue where a bonus I deserved was being held because of some bullshit like “we haven’t met yet to finalize them.” I’d challenge all of you to really start to think about why people tell you the things they do, when they do. “we” refers to corporate executives and representatives of the financial squeeze that stands in the way of me getting my bonus. They have already received theirs. “haven’t met yet” refers to a nonexistent event that they’re using to buy time, because these execs are just “not sure why you’re not getting your bonus”, but you’re threatening to leave, and their entire Managed Services Cloud resale business is dependent on you and your certifications. “to finalize them” refers again to a nonexistent and unnecessary event to honor what is simply a business contract. You can politely go fuck yourself and pay me. Via direct deposit. Like Fr fr.
The account posted in r/antiwork (antiwork is a subreddit for like-minded people who support a change in the status quo) shortly after creation regarding the fact I wasn’t getting a bonus. I was thirsty for some attention from the baddies. I think I got 8 karma, so I had that going for me, which is nice [$Caddyshack].
I highlight this because when the Psyop started, this account was used and old enough that I was able to bypass most initial controls social media companies put in place to arbitrarily decide if you’re real or not, which are at most, annoying, but certainly do not actually provide even a serious modicum of the intended value, which is, to stop users from using the service in an unexpected way. That’s the entire threat to some of these fragile megalomaniacs. I’m bigmad you used my trendy internet service in a way, and I’m taking my ball home.
While on the journey, some of my perspectives changed, like when I posted to r/Loopring as u/SeaReaction1912 in a series of posts about the value of bringing the crapcoin Pepe to Layer 2. What that means is the Loopring network is a Layer 2 chain/network. Layer 2’s sync up with Layer 1’s so that they can get a piece of any transactions back and forth and because if you transfer liquidity from one layer to another, it makes you, the user, less likely to transfer it back after it’s complete. Here’s my opinion on why: Most people do not have a significant amount of experience with crypto, period. You must understand crypto and Layer 1 chains to understand why Layer 2 chains are significant, valuable, and do their intended job, which is to transfer the same amount of liquidity for less fees. As a once-a-quarter user of crypto, you forget all the details about transacting with crypto that might connect other dots together later about what’s occurred under the hood. Once you’ve achieved moving your coin-of-choice to another layer, most people will consider the job complete, because it took a lot of mental effort, and never want to figure out the steps to move it back. You can always count on laziness. That’s good for a crapcoin that’s trying to lock up more and more liquidity on their layer, because on a Layer 2, Tx fees aren’t big business anymore, got to exploit, obfuscate, and conflate somehow to get even richer. Another thing you can almost always count on, greed.
One thing I did over and over was grab the Red Packets (RPs) posted in r/Loopring and r/Loopringorg and claim them to see what happened on chain and how people were getting screwed. These are Red Packets. I finally noticed that I was paying about 30x more fees to claim the airdropped tokens that were worth 0.001% of that.
Let me rephrase, I claimed (transacted from the network) Pepe coin for a fee. I looked at all the fees. I looked at how much 5100 Pepe coin was worth. I get it now.
Any mole on the mod team is more likely to leave the post up if its praise instead of being negative. That’s the ticket to making sure it stays up long enough to be seen later.
Here’s the post (I left the odd formatting and numbers because for other smart people, they can recraft the table and possibly find more info on an archive based on string matching), try to ignore the weirdness, sorry:
Posted by u/[deleted]3 days ago
$PEPE coin is good for LRC because fees. I have paid $0.30 claiming $PEPE worth 0.01. Believe it or not, bullish.
7 comments
Comment as StatusKaleidoscope84
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level 1
[deleted]
3 days ago · edited 3 days ago
If it was catastrophic for LRC, they never would have done it.
It proves 2 things and sets up a third:
The network can handle memecoin levels of memeing with crypto.
Whatever they're fixing now, preps LRC for ANY new highly liquid coins that provide utility beyond attention, because regardless of price today, they still have to know how to pass all those big *** numbers through Red Packet workflow. Can you even imagine the stupid amount of math and rounding(garbage file? :)) that has to take place? When RP first launched, I lost out on claiming 3-4 NFTs because the fee calculation was wrong on both LRC and Eth. There isn't a way to adjust the fee when performing a claim. If you could, why? It still has to be enough for the network to pick it up anytime soon. Also, the price of the memecoin and the claim tokens all fluctuate from the time the RP is created to the time the RP is claimed, so it can't be an easy job getting that perfect. Yes, it has to be perfect if they want to scale.
When it's fixed, LRC is better. Bullish.
Edit was to expand my thought for #2.
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level 2
StatusKaleidoscope84
· just now
I get it now. RE: #2
They don't want you to be able to adjust the claim fee, because then you'd know that you're paying 30 times the value of the token to claim it. If you could, they couldn't charge you a "minimum on-chain transaction gas fee", which is bullshit. It costs no more to transfer Pepe than any other coin, it's smoke and mirrors.
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level 2
[deleted]
3 days ago · edited 3 days ago
Since no one wants to engage, I'll just keep throwing **** out there for y'all.
Tinfoil theory: One or more of the Loopring devs knows the Pepe dev or team. Maybe they're even one of the first insiders? They're all sitting around one weekend about a month ago and one's like, "Bruh, I'm making crapcoins again."
"Ehh, how's that going for you?"
"Good man, I'm only up 8934578937593847% on one. 1 winner out of a hundred crapcoins is still a winner."
"Righteous, which one?"
"No **** man, it's called Pepecoin. Pepe the Frog." Spits drink.
"Holy ****..."
"Yeah, here's a couple billion. Tweet machine is announcing memecoin revolution in 2 hours, I'll turn my MEV(maximum extractable value) bot down a bit, ratchet up DCA(Dollar Cost Averaging) strategy, it should drop by 15% in about an hour, get in, because in two, it's ripping."
"omfg, if this works, I'm bringing this crapcoin to Layer 2. We've been looking for any ways to try out massively liquid coins, but if no one wants to use them, it isn't worth it."
2 hours later---
"welp, I guess I owe you some Pepecoin on LRC. What color do I order my lambo?"
Shib was the old star of the attention economy. It's value was in the number of people who knew about it. It's current MC is almost $6B. $6B and it just started having lots of utility with Shibarium and Shibaswap.
Pepecoin is the current star of the attention economy. It's value is the number of eyes it has on it at any one time. Eyes looking at the news, googling about it and other coins, making early millionaires so they grab their friends. No, it's not a revolutionary defi chain with endless utility, but if you are already in the attention-grabbing game, it's probably propping up your engagement right about now.
You wanna win with memecoins, here's the strat. Find an amount of money that you're okay with being locked up for 14 days, let's say. Locked up, not gone. Illiquid. In a deposit box. In a CD, whatever. Let's say that's $10. $10 can't make you rich, oh but it's a great place to start. Buy $10 worth of the trending memecoin at the top of the attention economy, in this case, Pepe. Take a couple weeks of vacation. Forget about the $10. Come back, now it's $120. You just went 12x friend, and that beats any Stock trader this year. Do it again, but with $20. Eventually yoloing $1000 is going to seem like nothing, because you've already 100x on your starting $10. This strat works, but only right now. Don't forget forever, just a little while.
Pepe, by the way, still has 5x MC(Top Market Cap) to be able to match Shib. Which tells me there's still runway, however, I currently do not have a position in Pepe except for the 5100 that cost me $0.30. Thats 5x MC to match TODAY's Shib MC. Shib's ATH was worth 10x more than what it is now. Theoretically, Pepe might have 50x runway still to go. "There's no way it still has 50x to go" My friend, lots of macroeconomic factors have changed since 2018 and 2020 runs. There's also about to be a crapload more USD out there. Seasoned traders down to day trading degens are mostly out of the market right now with a bunch of liquidity, waiting for a long shot to come along.
Shib was sold to other devs after it hit ATH, Pepe will too if it hasn't already happened. Then they'll build something for it to actually be used for to try and squeeze more blood from the turnip.
Stop being the bagholder, trade like they do, even if it isn't automated. Obviously, it works. I was in on Pepe about 10 days after launch. I hesitated and didn't yolo right away, but then I watched the top 100 wallets for 5 days. When enough of the first set changed hands, I knew it was about out of steam. Next day was Binance announcement, about time to sell. It always squeezes right before a CEX comes online, because there's usually a break between deposits and withdrawals. Buy on the rumor, sell on the news. It's a modest win, but I got 4x from Pepe so far.
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level 3
[deleted]
3 days ago · edited 3 days ago
#More thoughts, because despite the echo chamber, engagement is occurring.
MEV bots "sandwich" your order with a bunch of fake orders at multiple denominations above and below the median limit price. jaredfromsubway.eth is an inside joke. gasp shocked pikachu. Only a true degen names the wallet address they're using for an MEV bot after a child molester because it also reminds everyone of sandwiches, and roflmao, it's a bot that "sandwiches" real orders...lol #memeking.
How it works, I work with a bunch of semi-unregulated "CEXs" where when I place a metric assload of orders, they let me do it without fees. Now, I load up my bot and set my eyes on $crapcoin, which may be a few days old, or could be years old and no one's doing the same strat, so it's profitable. (like Dogecoin, which Eloon owns a lot of too, maybe?) [Edited from original]
I set orders that are free, at the CEX. I place orders 1, 2, 3, 4, 5, 6, 7, 8, 9, 10. Then I take and make orders to simulate real volume, driving pricing wherever I want. But there's about to be some big news for $crapcoin, huge news, everyone says it's the best news. I don't actually care about $crapcoin, I like money. I also can only drive the price up and down so much without more interested buyers.
Along comes an interested real buyer, they caught wind of it on twitter, and they've been playing with $50, turned it into $1000. They come in and place a limit order for crapcoin for the $1000. Since it's a limit order, the price is set, let’s say that lands the order in between 7 and 8 in my orders from above. 1, 2, 3, 4, 5, 6, 7, REAL ORDER, 8, 9, 10. My bot sees the order come in, I own most of the order book. I pull my orders 9 and 10. Now there's 1, 2, 3, 4, 5, 6, 7, REAL ORDER, 8. Now, I adjust orders 6, 7, and 8 to "fill" the real order. I pull 1, 2, 3, 4, and 5. The price tanks 5% in seconds.
I still have the profit I made from filling the real order, the buyer's order gets filled, the drop in price costs me nothing, I still own the order book below that and there's no fees, so in a couple more seconds, I fill my sandwich orders back in and wait for the next real order.
You can mess this up by doing market orders, where the price fluctuates based on volume needed to fill the order. Someone's sandwiching orders, I come in and place a big market order, which starts between 5 and 6, logically, using our example. But it needs 2, 3, 4, 5, AND 6 to fill the whole order. It's the $1000 yolo. I suck up the volume at pretty decent prices, but the bot can't react fast enough to maximize profit, maybe it can, I dunno. But now it has to re-fill 2-6, and they dont make any money at all on someone else's trade.
What ruins this is another bot doing it too, or like... someone who understands what's happening during DCA strategies. Dollar cost averaging is maximizing profit taking while reducing risk taking, and it's automated, so you can keep your hair. Watch charts long enough and when you see the sandwich strategy being used, the next thing to watch is what happens when the memecoin reaches whole number milestones. 0.00000001 is usually one of the first. Memecoins start at worth $0.0000000001, get a couple people in and the first 2-3 digits is easy to hold. After that, it needs a lot more momentum, because it's natural for people who aren't insiders and win to take profits, but gasp, I can't maximize my profits if someone else is profiting, what would this world come to if... I lost? PFFFT. Normal price action of a new coin is dictated by the Uniswap liquidity. If it's not a burnt contract, it can be a rugpull. There were concerns during the Binance announcement about who the insiders were...
Now, capitalizing on the momentum for DCA means that when you reach whole number milestones, you sell a decent enough chunk that it doesn't frontrun a bigger drop in price, but guarantees you take something home. When the milestone is hit, there could be a 15 minute period where the coin tanks, this is why. But don't worry, they're filling the sandwiched orders back in to keep the price where it's at, they own the order book below that. New real orders come along, and more MEVing happens until the next milestone. For some coins, during bullish momentum, you can see the DCAing happening, if you can tell, just wait it out for a bit and see what happens.
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level 4
[deleted]
· 3 days ago
So, post is still up after a few hours and it's being upvoted. Who wants to crosspost to r/Superstonk so we can let the GME crowd at large know about MEV and DCA, because I would place a large bet the exact same shit has been happening for years with HFT(High frequency trading). I don't have enough karma, but I'm a hodler, help me, maybe?
0
User avatar
level 5
sneakpeekbot
· 3 days ago
Here's a sneak peek of r/Superstonk using the top posts of all time!
#1: Ken Griffin Crime - upvote so this shows up when someone googles “Ken Griffin crime.” | 866 comments
#2: All the confirmation bias I need, right here in one tweet | 3335 comments
#3: The Bigger Short. How 2008 is repeating, at a much greater magnitude, and COVID ignited the fuse. GME is not the reason for the market crash. GME was the fatal flaw of Wall Street in their infinite money cheat that they did not expect.
u/StatusKaleidoscope84 posted, and it was deleted too. This was my favorite psyop (Psychological Operation/warfare), I left an actual breadcrumb to let them know I knew they were evacuating the wallet because they knew it was burnt. And then I left my favorite quote from Event Horizon: Libera Te Tutemet Ex Inferis. Translates to: Save yourself, from hell. The movie is epic [$AlwaysHasBeen].
I’m not entirely sure how many of the new messages were seen, because they were removed shortly after posting from the mole on the r/Loopring modteam(mod is short for moderator-usually kind folks who work for free and generally keep the peace in a subreddit, team refers to the whole team of moderators). I posted to r/Loopring because they have no karma (magic internet points you get for posting on reddit) requirements, it’s got a decent number of members, but it’s not that active daily. I could ensure the post is seen by more than 1 person and makes it into the logs, cold archives and hopefully replicated and backed up until the end of time. I tried to get this posted on r/Superstonk because oddly enough, I trust those folks would be largely on my side in this social & digital warfare. I am a GME hodlin’ bro, like fr fr. And it seems to me, the modmole©2023 just indicated to me there’s a subversive disdain for the Apes. Noted. I would never want to be on the wrong side of the Apes.
I decided to mask my email address using the new duck.com email system. It worked surprisingly well, but probably only because it’s so new. Duck.com is registered to DuckDuckGo and provides secure email redirection to any email address you want, and when delivered through the duck.com address, it strips all email trackers and spam. It just made it easier to use the same email address and burner emails for signing up for things.
I used Mozilla VPN and Firefox. I hopped all over North America, but never stayed exiting anywhere for very long. I used 4 phones and 3 Computers. I sat at my desk, in my office, and “hacked” Twitter by using it intentionally and it worked as expected. /shrug
All that was needed was a couple of wallets and public information.
The King Twit has trashed the way Twitter works so that any tweet that @’s The King Twit, pops to the top of lots of feeds. So, I used that to my advantage. I know it works this way, because while using other accounts, I used a trending topic #Elonisruiningtwitter and @’ed them. 10 minutes later, the topic was gone from trending.
They post pictures of various crypto coins they have a large stake in or will get paid from. Knowing that when followers see them do that, followers can expect a pump for that coin. The only problem is, it doesn’t have any utility, or value, so they’re just stealing everyone’s money.
Because Twitter is trashed, and they have no money to prop it up, quality SRE’s (Site Reliability Engineers) are few and far between, and there’s an overreliance on ChatGPT/AI. You can always count on laziness. This means that trying to stop a bad actor who’s using the service normally, really isn’t going to be high on the priority list of actual problems. Whatever they stop doing to look for “me”, is wasted time they could be doing to fix shit. But here we are.
Ben.eth (Ethereum Name Service registered name for a wallet address- like DNS for the internet, but for crypto addresses) is tweeting about $BEN coin. I had seen it hit CoinMarketCap.com (CMC)’s search index and “recently added.” I engaged, and I hopped over to it on etherscan.io. Another crapcoin. /sigh
The way to tell is by some of the info on CMC, like the token’s website, and the Markets tab which shows where it’s available to purchase. The fewer the options for purchase, the more likely it’s a rugpull. If the website shows very little, it’s because there isn’t really anything there of value or a team developing it.
I checked the price chart and it’s coming down. Check tweets and there’s some drama with some dork named Bitboy and Ben.eth. Nauseating. I decided to see if I still had talent for bullshitting, so I authored a trojan blog post, meant to seem positive on the surface, to see if they could see me. Here’s the post:
Emerging markets related to bleeding edge technology are often misunderstood. Take in part the project you’re exploring right now. Future generations will adopt web3 like previous ones before them, and our jobs as innovators is to usher in that future built with tools predicated on preserving a very real thing: your presence online.
Wallet addresses and keys are immutable. Changeless. While this is a small social experiment, I hope to extrapolate the findings and understand the unions that were established, revenue generated, social reach obtained, and general success.
“Memecoin season is back.” I’d invite you to take a second look at $BEN. $BEN is an attention economy token. I believe it’s intended to be widely available, cheap initially, and represented by a friendly mascot, for reach. It’s going to be used to engage and meet people wherever they are and at whatever denomination they need to swap, so they to can be included and become an advocate and evangelist of the attention/social media community.
Here’s an opportunity to do just that with this project.
It’s posted all over on purpose: What could happen if crypto-entrepreneurs, evangelists and influencers’ thoughts, posts, and consumer attention were wrapped in NFT ownership, cemented on blockchain, and available to mint, thereby increasing the reach for every OP? Let’s find out!
Next tweet down is something about #PSYOP. Eureka, the next one. I decide to co-opt the spirit of the trend on Twitter and use it against him. He is now talking about “Attention Economy”, and I am now talking about “psyop”. Fun times.
I checked CMC’s search index, nope, not available yet, must be a stealth-drop. Noted. A stealth drop is when the coin is deployed and the smart contract address is given to only those people who want to make a purchase, like insiders. If no one creates/owns the record on CMC, it’s just indexed with data on-chain.