sounds like an obvious mango-markets style play tbh

- take a highly-leveraged position,

- use some money to push up the market and make your position win

If payout is much bigger than what it costs to move the market,

then potentially a near-guaranteed win

State of web3

update:

turns out plenty of people happy to get dumped on,

if dat ass is fat

But actually looking like the one doing the dumping wasn’t azalea at all

China enters the chat

But tbf, buried in Vitalik’s nonsense is one almost great piece of advice

One which I’ve recognized and strongly adhered to for years

One which will keep you far away from nearly all garbage on pump.fun, which you’re only excited about because of the price

— Only backing things that you will feel great about having backed, regardless of what ends up happening

E.g. like a very high-EV bet in poker,

You will know it was a great poker bet to make, and would do it again, no matter how the odds play out in this particular case.

Intransient signals.

(But eliminate vitalik’s “average person” nonsense.)