ezio6
Pareto
- Joined
- Jul 8, 2020
- Posts
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Now that market has sobered up some, some thoughts:
-L2 experience is now much better post Dencun. Obvious if you try
-Solana experience has degraded. Lots more failed txs. Fee markets still very broken. Hope the changes they're pushing in a couple weeks make a difference. TBD what happens with mempool, something to watch, and you should learn about MEV (you won't, which is fine with me)
-memecoins bubble prone but clearly unsustainable. 20 IQ zoomers will go through phases of buying, then get skinned alive by insiders/pro traders.
-Presale meta (people being very stupid) + hearing things like "very conservatively will 5-10x" "infinite money glitch" type things -> usually portends tides turning
-bull markets have often followed this basic shape where each subsequent peak is marked by overconfidence/overlevering that gets flushed out
-bottoms often marked by exceedingly bearish targets (overconfidence in the other direction)
-L2 experience is now much better post Dencun. Obvious if you try
-Solana experience has degraded. Lots more failed txs. Fee markets still very broken. Hope the changes they're pushing in a couple weeks make a difference. TBD what happens with mempool, something to watch, and you should learn about MEV (you won't, which is fine with me)
-memecoins bubble prone but clearly unsustainable. 20 IQ zoomers will go through phases of buying, then get skinned alive by insiders/pro traders.
-Presale meta (people being very stupid) + hearing things like "very conservatively will 5-10x" "infinite money glitch" type things -> usually portends tides turning
-bull markets have often followed this basic shape where each subsequent peak is marked by overconfidence/overlevering that gets flushed out
-bottoms often marked by exceedingly bearish targets (overconfidence in the other direction)
