The cognitive iceberg of the crypto market: From common sense for new players to the jokes of old players, which level are you at?

author:Tyrogue

Compiled by: Xiaobai Navigation coderworld

I saw an iceberg picture and decided tocryptocurrencyMake one.

As expected, it quickly became popular and, together with the market adjustments, provided everyone with an interesting entertainment material.Xiaobai Navigation.

The following layers, from shallow to deep, represent some views on the crypto market.

Layer 1:

• Fiat CurrencyWill eventually depreciate:Every fiat currency, backed only by the promise of a government or military, will eventually devalue to zero.

• Bitcoin is constant:The total amount of Bitcoin is constant at 21 million, a property that makes it scarce.

• Assets appreciate due to monetary inflation:This trend can be seen by studying real estate and stocks in Western markets that are linked to the petrodollar.

• intelligentcontractReshaping the economy:The dream of Ethereum when it was first created was tocontractIts functions will replace traditional industries such as real estate and banking.

• Chancellor faces second bank bailout:This is the headline embedded in Bitcoin’s first block, representing the financial system that Satoshi Nakamoto was opposing when he created Bitcoin.

Layer 2:

• alt/BTC ratio:This is an important indicator for traders to determine whether a particular altcoin is worth investing in compared to Bitcoin. This concept is reflected in the alt/sol ratio and the famous sol/eth The upward chart continues.

• XRP’s legendary scam:In the 2016/2017 cycle, the XRP surge created many millionaires and formed a lasting XRP Community.

• Silk Road:Before being accepted by traditional finance, Bitcoin was mainly used for peer-to-peer transactions to purchase various items and services.

• EthereumRocks:This isBlockchainOne of the earliest NFT projects launched on the Internet.

• Yachtzee saves Bitcoin:Refers to Arthur Hayes shutting down Bitmex during the COVID-19 pandemic to avoid a market collapse.

• CyberpunkSpirit:This was the initial inspiration and ideology behind Bitcoin and Ethereum.

Layer 3:

• Altcoins are Bitcoin 2.0:Murad's theory is that altcoins can form strong holders and enthusiasticCommunity, which leads to alarming price fluctuations.

• cryptocurrencyIt is riskyAmplifier:When the macro economy is bad, we suffer, and when the macro economy is good, we perform well. Haha.

• Ethereum is designed to be more Bitcoin:One popular theory early on was that Ethereum was a scam designed to siphon off Bitcoin.

• ChinaFunds are hot ordinals:No further words needed.

• Sushi UNI Vampire Attack:SushiSwap launched a vampire attack on Uniswap, and the developers reduced the TokenThe price protects the holders (laughs).

• Ziliqa’s annual pullback:GCR’s old tweet mentioned that Ziliqa had the most aggressive market making behavior when deciding to pump.

• Every coin will eventually return to zero:All coins will eventually return to zero.

Layer 4:

• Pumpfun 30k-1m fractal:There is an actionable pattern to identify potential coins early on and buy the first pullback on Raydium (if it survives).

• SOL Foundation ReignitedBull Market:It's pure fabrication.

• CZ It's yakub:Refers to CZ's prominent mind.

• Vitalik fake death newsCaused byCandlepicture:Who Profited from the ETH Selloff After Vitalik’s Fake Death News?

• PEPE risk indicators:There was a time when it was possible to predict the good or bad market by observing the price movement of PEPE. -80%'s altcoin retracement: Every successful altcoin has experienced multiple -80% retracements.

Layer 5:

• Beerus is the incarnation of 16z:No one knows Anubis yet.DAO The true identity of the developer behind Beerus. Perhaps B16z is a mystery that we will never know.

• CL It is a large language modeltype:高程度的专注和独特的饮食习惯可以造就类似 NPC 的天才。（小白导航注：CL 在网络社区中用一种讽刺或夸张的方式来形容某个人或者一个现象，将其比作大语言模型 (LLM) 的表现，缺乏自主意识或个性）

• The Terminal of Truth is Baphomet:Artificial intelligence is essentially humanity’s attempt to play God, and the Goat symbolizes the mysterious androgynous deity, being simultaneously vulgar and extreme.

• Italian Mafia and DeFi 2.0 Relevance:GCR has proposed a hypothesis, Dani Sestagali's TIME, SPELL and ICE TokenCould be used for money laundering by organized crime.

• MEV is equivalent to basic income:MEV provides a stable source of income for smart programmers and freeloaders.

• Liquidity dispersion leads to poverty:Earlier crypto market cycles seemed easier because there were fewer assets to choose from, such as only BTC in the early days and ETH/BTC later, while now there are a large number of assets that can result in losses.

Layer 6:

• SBF It's Ryoshi:This is a reference to the OG Bitboy video, which claimed that SBF was the creator of SHIB.

• Moon phases and solar eclipsesBull Market:No further explanation is needed. (Note from a beginner: This phrase is a tongue-in-cheek or sarcastic statement suggesting that market movements (especially bull markets) can be influenced by seemingly unrelated factors, such as moon phases and solar eclipses.)

• The 4-year cycle is just a reflection of global liquidity:No further explanation is needed.

• On-chain activity every two months is due to wage slavery:Since most participants lose money, they need to save up multiple months' wages to participate in PVP, and then gamble with more and more money until they are defrauded. It's a classic cycle.

Layer 7:

• Bitboy's high energy may be related to cocaine abuse:Bitboy's endless energy may be due to his cocaine abuse.cryptocurrencyA fairly active influencer in his field, usually known for his high energy and frequent content updates. The statement here is not necessarily true, but may be a joke or irony on the Internet, intended to emphasize that he always seems to be energetic to an unusual degree. )

• mingxmecca:This is a trumpet that GCR used to use.

• El Salvador's road to recovery:If El Salvador continues with its current policies and leadership, it could become one of the most successful countries of this century.

• Sanctioned countries promote altcoins:Similar to a joke, altcoins are often used as a tool to launder or transfer funds (such as $USDT on Tron).

• Do Kwon'sLedger Device:No need to say more. (Note from the novice: Do Kwon is Terra BlockchainCo-founder of the project, which experienced a collapse in 2022, leading to widespread attention and controversy. "Ledger Device" was used to satirize the project's downfall.)

• The uptrendClosing a Position合约增加：No further explanation is needed.

Layer 8:

• Kole Astrology forecast trends:I suspect that Kole's initial prediction of a strong summer market correction was accurate, but he may have been misled by astral factors, causing his target to be too low.The astral trick of Kole world” is a metaphorical expression, when Kole predicts market trends, although the initial judgment may be correct, due to the influence of some mysterious or supernatural force (i.e. "astral force"), he changes his goal or prediction.)

• Satoshi Nakamoto was a member of the CIA:There are various conspiracy theories about Satoshi Nakamoto being a member of the CIA.

• Murad is Baproll:The most notorious SPX6900 bull poster may be Murad’s pseudonym. (Note: Baproll is called “the most famous SPX6900 bull poster”, which means that this identity may be known for being extremely bullish on the market.)

• GCR The "Internet Wheelchair":Some speculate that GCR's physical disability made trading his only avenue for enrichment.

• Finex determines the price:Actually no, I was just kidding.

• GGeorge Floyd Never Died:This is a quote from DroydAI (Note: These two names are put together, which is likely derived from the Internet culture of "meme" or "Internet joke". On social media platforms, people sometimes combine seemingly unrelated concepts to create ironic or black humor content.)

I hope you had as much fun making these memes as I did. We are not a serious industry.

The article comes from the Internet:The cognitive iceberg of the crypto market: From common sense for new players to the jokes of old players, which level are you at?

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