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byte art

@byte_art_

byte art collector

Joined January 2024
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  • Followers176
digital slops bringing back 2021 NFT vibe
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memecoins thoughts: - there will only be so many lasting memes CT embraces - <100m mc coins are much riskier than >100 mc. the risk is gapping to zero. - age matters. if it still has value, it will likely to continue to have value going forward. look at doge and even shiba inu
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i rather let the market tell me when to get in. >100m mc and >1 month old
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it looks like wintermule is working that otc block into the market based the slow and steady grind down in $fart price action.
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FartStrategy will accelerate the Fartcoin Flywheel. trib.al/OlZKnIj
Crypto Perpetual Motion Machines

Crypto Perpetual Motion Machines

FartStrategy, minority ownership, IPO fee competition, SpaceX in ETFs and InfinityPools.

bloomberg.com
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weird, since when did the crypto natives care about where the tokens were "founded"? bitcoin was founded in US? that's news it feels like a step backwards on decentralization that crypto is stateless i suppose whatever pumps your bag is the new narrative being embraced
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Classic behavioral problem: When the price goes down to X, I’ll buy. Price goes down to X because of some news. The same person saying oh I’ll buy when the price goes down to Y. No, you won’t. You will find another excuse not to. You got no conviction. Don’t fool yourself
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Refs ruined the ending of the game. Hali looked like he could only pass the ball. 🤦‍♂️
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nodemonkes statistical analysis update: 1) increased correlation with btc to 0.44 2) after accounting for its btc exposure, it's been a rough ride for nodemonkes since march rough market for flippers, value opportunity for collectors
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byte art retweeted
cygaar (@0xCygaar) profile picture
cygaar
@0xCygaar18 Apr 2024
A beginner's guide to Runes - the new protocol that will bring fungible tokens to Bitcoin at the halving 🧵:
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completely uninformed here, what is the significance of runes? 🙏
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latest update - what's changed? positive correlation with BTCUSD has come down to 0.34. if nodemonkes were the next orange chip, we could use punks as reference in understanding how nodemonkes could trade over time against BTC.
correlation analysis

ALT correlation analysis

Image from byte art (@byte_art_)
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it is a good sign to see grail nodemonkes getting vaulted by collectors while the floor price remains flat. this is a good indication of price discovery for premium traits like gold bodies and hoodies. what other traits are undervalued?
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this account was created in January because of nodemonkes. i got in on day one through secondary market. i want this account to grow organically through the power of the nodemonkes community and not be influenced by other pfps i own. so far so good…
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there are a bunch of new nodemonkes holders now that a majority of early buyers have realized profits. this is a healthier future
byte art (@byte_art_) profile picturebyte art@byte_art_28 Feb 2024
timing a trade is not all that important if you have a long enough holding period. the key is to hold it for long enough to reap the compounding growth when your mind is rationalizing to take substantial profits. no one is truly rich by taking profit whenever they see some.
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historic moment - send nodes
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despite paying away btc, ordinals is a much healthier ecosystem with transaction fees than NFTs on ETH without. is 2.5% too high for a round trip? it probably is but for one reason or another, it is much better than 0%. this gets rid of the pump and dumps.
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the dispersion in nodemonkes listing suggests the traits are going through price discovery. if you are anchoring your listing relative to floor price, you might be underestimating the trait premium.
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picked up this 3D glasses + deathbot combo near floor. this shouldnt have gone for anywhere near floor. thanks.
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loving the new abstraction background iconic brands are defined by few simple elements and abstract expressions. less is monke.
Image from byte art (@byte_art_)
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