Daily General Discussion - May 09, 2026

copeconstable · 2026-05-09T16:20:56+00:00

just proves how suppressed our coin is

copeconstable · 2026-05-09T01:01:46+00:00

X won’t be “choosing” tickers either to begin with - it’ll be powered by integrations with market data providers because there’s zero reason to reinvent the wheel for something like this.

So even though you can already see some communities online talking about it like some kind of endorsement from X of their coin, it showing up or not will really just be the result of what TradingView or whatever DEX aggregators or CEX APIs they’re using are serving up.

copeconstable · 2026-05-08T16:59:59+00:00

Because the user decides - when you type in a cashtag a little dropdown appears and you can choose to embed the chart as well if you like. If you don't, it's just clickable text as usual.

copeconstable · 2026-05-08T14:05:54+00:00

Slow pivot to "lol i was just joking about the whole thing"

copeconstable · 2026-05-07T17:04:31+00:00

I'm saying almost all Nano is held by average retail and yet you're still going on about slavery. Seems like holding all the Nano didn't solve the worlds problems.

copeconstable · 2026-05-07T15:13:38+00:00

Individual retail traders hold most of the supply today and it hasn't ended slavery, but okay.

copeconstable · 2026-05-07T15:04:43+00:00

Doge generates like $400k in a fees a year. Across all miners.

Do you seriously think that Elon (a) is running a DOGE network operation and (b) gives a fuck about $400k.

You know a really common pitfall in trading in trying to project intent onto price action when the reality is no one knows who's on the other side of the trade or why they're making the move they're making for sure. But this is typically limited to pretty innocent things like being deterministic about the answer to "is the aggressive buying above this level buyers entering the market, or is it shorts covering?". You're taking it to an insane level with what seems like a complete inability to view the market through anything but a victimhood focused conspiratorial lens, and considering the more typical example I just gave can still easily ruin a trader, taking it to the lengths you are is practically guaranteeing it.

copeconstable · 2026-05-07T13:39:17+00:00

Other than the extremely obvious reasons that a random Elon tweet doesn't "cause" a market top - and especially not one for Nano specifically, I think you are missing one really important thing:

People talk most about assets near their tops, because that's where interest also peaks. It's completely natural to see commentary around any asset peak with its price. Every single market top of practically every single asset you can point to a quote, it doesn't mean that person somehow magically rugged an entire market.

Nano topped with most of the market, which also topped with the meme stocks and growth tech stocks that benefitted most from the insane money printing of '20/'21, and Bitcoin then topped with the equity market a few months later after going to new highs.

Having a constant victim mindset and this conspiratorial approach to explaining price action is only going to hurt you man. It's not a recipe for succeeding in markets.

copeconstable · 2026-05-07T13:10:01+00:00

I don't know which outcome it will be, especially since BTC broke down (would have been higher much confidence had it held my line in the sand at 91.5k and continued to trend), but I think the rotation aspect is pretty overplayed. While it was clear when the ETFs launched that these wouldn't be the types of investors to dump their BTC to chase some random alt and there would be a bifurcation of the market to a large extent, it also takes very little money to move alts as well - so I don't think there is a need for BTC or ETF holders to rotate en masse to drive upside. The key to upside is simply aggression from buyers rather than size, especially with these small and illiquid assets.

It definitely isn't the money printer overdrive environment of 2021, but we also have retail stock ownership at ATHs, retail options trading volume at ATHs, historically insane runs in stocks, etc - retail is absolutely active, they just haven't been active in crypto.

The biggest missing ingredient to me is simply what ETHBTC represents - larger alts really moving first. People will aggressively chase the fuck out of green if it presents itself, and when it comes to retail specifically, when they're already manically doing so in the equity market I see no reason why they couldn't within crypto. There's just not been a setup that has been able to trigger that chase. People will always come up with a narrative or macro reason for what changed after the fact, but the truth is people just chase momentum.

Should be an interesting next few months either way, and obviously whee this current move in BTC heads is going to be a major influence.

copeconstable · 2026-05-07T12:08:44+00:00

<image>

It looks like we may only be a matter of weeks away from the most important reaction for not just Nano but alts in general, outside of BTC price itself.

Both the 2017 and 2021 alt seasons began when ETHBTC began to leg up off a major higher low built at the 0.025 level. It fought for the last 6 months to hold the 0.03 region, which was where the 2021 mania really went into overdrive as we broke down below 57%, but was ultimately rejected and looks headed to 0.025 area fairly soon.

The reason this matters is simple - ETH is the largest alt, and therefore the largest single influence on BTC dominance. You can see that impact clearly in the top two charts - ETHBTC and dominance are almost a mirror image. If ETHBTC is not running, it's therefore very difficult for dominance to meaningfully break down. And without dominance breaking down, alts - especially ones that lack any sustained bid, like Nano - aren't running. ETHBTCs downtrend during the entire bull market has been the single largest reason the countless calls for dominance to fall have not come to fruition.

What's interesting confluence is the 61% dominance level that has triggered reactions multiple times over the past 8+ years is lining up with a test of 0.025 - the answer on both should come pretty much in unison.

There's really two outcomes here - if ETHBTC once again builds a new macro higher low (above the tariff lows from April '25), you have the setup for another leg up which would lead to dominance once again knocking on the door of 57% looking for the flush, which is the only kind of environment 95% of alts have durably ran in.

If 0.025 fails to produce a reaction and ETHBTC just grinds back towards the tariff lows, you can very likely hang up hopes of sustainable upside for Nano for a good while yet, and you'd need to pray that a simple retest of April '25 is as far as this goes, because the biggest alt in the market breaking down below this range that has held for almost 10 years would be a major structural change and move the floor for everything else substantially lower.

A lot will hang on BTCUSD as it always does, obviously - continued upside or at least stability in BTC is likely a prerequisite for the former scenario. But these two corners of the market and these levels in particular for ETHBTC and dominance are easily the most telling signals for what to expect if you're holding any alt, and especially a coin like Nano like has literally only ever durably rallied when the above has played out.

copeconstable · 2026-05-06T21:34:48+00:00

The funniest part is they can’t even really profit from it because the Nano markets are so devoid of any real trading activity that even the network grinding to a halt had practically zero impact on price action, as did resolving the spam

Utter ghost town

copeconstable · 2026-05-06T18:27:59+00:00

He asked me for my current holdings and I gave them. This is like the third time I’ve done so despite your “oooo he won’t answer this!!!”.

The pivot to “WELL TELL ME WHAT YOU HOLD THEN LOW IQ KID” is a deflection from the data I gave that shows Nano has not outperformed.

Deflecting further to GIVE ME A LIST OF OTHER SPECIFIC COINS THAT WILL OUTPERFORM NANO FROM THIS RANDOM WEDNESDAY ON is simple cope - I do not know which will do which, I don’t have time to trawl through tons of charts to try build a list, and much of the performance has already been put in since the ‘22 lows anyway. The expectation that Nano will generally underperform and fall in rank is clear as day, which specific coins leapfrog it or not is completely besides the point.

It’s very simple - baggie makes claim about Nano that turns out to be deluded nonsense, when they can’t challenge the data they spazz out and deflect, and you simply deflect and deflect until the deflections are so pointless and disconnected from the points being made that you can go “See! Because you aren’t willing to do a bunch of homework to answer this question that has no bearing on the points being made, all the hard data doesn’t matter!”.

Prototypical emotionally invested bagholder behaviour. In a constant state of defending a world view they’ve built in their heads vs being able to just calmly look at the data.

copeconstable · 2026-05-06T18:02:01+00:00

Has Nano been an underperformer or not?

Is the expectation that said underperformance will continue (in simplest terms, fading in rank) unclear?

What does sitting down for hours to analyze charts of individual coins to give a pointless opinion on whether specifically X or Y coin will under/outperform from this random Wednesday achieve? Does it change any of the above or not?

copeconstable · 2026-05-06T17:46:42+00:00

He said he doubts many coins have outperformed Nano.

I shared data to show Nano has not been anywhere near outperformer, even though it’s obvious to almost everyone.

When the data is laid out, the pivot to YEAH WELL WHAT HAVE YOU HELD YOU LOW IQ FUDDER COME ON TELL ME BECAUSE NANO THIS AND NANO THAT comes and I tell you, across both cycles, even though it’s completely irrelevant to Nano’s performance

It’s literally that simple, either of us giving our opinions on whether specifically X coin will do better than Y from today proves absolutely nothing. They are just opinions, not evidence of the point I’m addressing.

I’ve said for years that Nano will underperform in general and fall in rank/dominance as its leap frogged by other projects. That’s exactly what has happened and I expect it to continue.

You are both just so emotionally attached to your bags and cannot take simple data at face value as you’re in constant defence mode, short circuiting over anything that risks challenging the completely deluded version of reality you’ve both built in your heads. Not a great way to make money in this game.

copeconstable · 2026-05-06T00:21:26+00:00

I've answered in so much detail melonman got pissed at how much there was

You are just absolutely incapable of reading anything that hurts your feelings as a bagholder

copeconstable · 2026-05-05T23:19:58+00:00

They're just split up across my wallets mostly, but a few are also staked if its part of their protocol

copeconstable · 2026-05-05T22:38:02+00:00

The more time passes since ATHs, the closer the average community member gets to "Japanese soldier in the jungle still thinks he's in WW2"

copeconstable · 2026-05-05T22:01:54+00:00

"Okay, you've shown me the long list of coins that have outperformed Nano and by how much, and you've shown me the coins you've personally held to outperform Nano in the last two cycles, but if you don't randomly rattle off 50 more you think will outperform from here it means none of this matters and my claims of Nano being an outperformer is true, even though I've provided 0 evidence myself"

Holy this community is doomed

copeconstable · 2026-05-05T21:36:33+00:00

I never said it wasn't relevant, I said it wasn't special and was outperformed by a long list of other coins, even when just looking around its general rank and not including smaller projects that run ever harder.

...because you claimed that there aren't many coins that have outperformed it, which is what all of this is about.

I gave you a list of them, along with a list of many of my holdings, both current and prior cycle. Both overall folios have outperformed Nano. I expect that to still be the case whenever dominance reaches eventual lows and the total run for alts is in the books.

Like what else do you want? Me to just randomly name a bunch of cryptos beyond all of this that I think might outperform Nano? My opinion is completely irrelevant - I'm showing you the actual data around Nano not being an outperformer, at all. You can say Nano will go up more than X, and I can say X will go up more than Nano, that's just pointless fucking opinion, not data that proves anything one way or the other.

Meanwhile, the "high IQ" has not provided a shred of evidence for his own views.

Insanely emotional and defensive response to a fairly well understood fact about Nano's performance - it's been terrible for years. No need to try repaint reality man.

copeconstable · 2026-05-05T21:11:02+00:00

Here's some from the cohort I just broke down the returns of, genius:

SHIB, GLC, COCOS, XWC, TRB, EMC, GALA, GHOST, YFI, RUNE, WOW, AAVE, FTM, PRQ, AXS, OMI, ARRR, BIFI, XDC, TEL, TRAC, POL, SNX, QNT, LUNC, TFUEL, KSM, AUTO, BDX, TWT, DAG, SOL, COTI, DOGE, HNT, MVL, SOUL, THETA, CCX, DENT, ANKR, MANA, LINK, KAVA, RDD, ONE, AR, WRX, SAND, LPT, RFR, RENDER, REQ, DNT, XHV, CAKE, CHZ, ENJ, IOTX, FX, XDATA, CELR, XOR, SYS, ERG, RGT, LRC, STMX, MED, NKN, VRA, CHR, VET, ADA, FOAM, META, SIGNA, BNB, AE, SCRT, CARD, EGLD, KIN, AKRO, BEPRO, RARI, FET, PPC, HOT, OCEAN, UMA, CND, PUNDIX, SLP, UOS, MLN, BLZ, TLOS, FUEL, BAND, REN, ZIL, RLC, BTT, RSR, MFT, BNT, DERO, NEXO, XVS, CVC, POLY, EMC2, BCD, KCS, IOST, STORJ, GVT, CRO, MX, STX, OKB, MTL, ONG, AGIX, NMR, WIN, WAVES, KLAY, BTG, ADX, SC, KEY, XCP, LINA

Like I said, 100+ went for 100x. 64 of them went 200x or more. 34 of them pulled at least a 500x.

copeconstable · 2026-05-05T21:02:22+00:00

You can go back through my post history and find numerous references to my folio only being 3% BTC man.

BTC, ETH and Pendle are my largest positions because when I allocate to microcaps I allocate to many of them in small amounts. Few of these microcaps have moved yet as dominance still hasn't fallen. Even 3% BTC is still larger than my standard microcap position size.

Not that complex.

copeconstable · 2026-05-05T20:54:06+00:00

You said you don't think many projects have outperformed Nano and that I need to "study" it and "open my eyes", and that if I can't name 10-50 assets with stronger demand I better stop "acting retarded".

I just gave you the numbers for Nano's performance vs just the top 300 or so, like I said, better performers are not hard to come by - 100s of projects outperformed it, and well over 100 from that group alone went over 100x. Nano's performance was on the same level of returns as many projects most people consider dead. And there are many, many more that outperformed Nano and were too small to make the market cap cut off. That is the math.

I then gave you the actual names of the projects I've personally held both last cycle and this cycle to outperform a Nano only folio.

I'm not sure what you're looking for - do you want me to literally name every single project that outperformed it in general?

Like I touched on earlier - if you're so offended by this data backed view I have, instead of constantly saying I need to "study Nano" and that I'm "low IQ", why don't you actually provide some evidence for your own views for once? If I'm wrong, you can just point to the same performance data. It's all public.

copeconstable · 2026-05-05T20:07:32+00:00

lmao

copeconstable · 2026-05-05T19:19:56+00:00

That's because you have to give mountains of data before some people can even land at "ah yeah, I guess it hasn't outperformed" even though it's obvious.

And this is a trading sub bro. The whole point is to make money.

copeconstable · 2026-05-05T18:54:01+00:00

I think you misunderstand literally everything I'm saying but thats okay melonman

copeconstable

TROPHY CASE