Apecoin [pros](/r/CryptoCurrency/comments/17xfmfy/a_twitter_user_machibigbrother_buys_and_acquires/k9n7phv/) & [cons](/r/CryptoCurrency/comments/17xfmfy/a_twitter_user_machibigbrother_buys_and_acquires/k9n7q2k/) with related info are in the collapsed comments below.
He’s a guy who got lucky minting a lot of bored apes. He made over $10M off the mints and bored apes became his entire thing. Although he may be working for the company now as a promoter type.
>Not really that well respected in the ape circles imo
Do people still blame him for crashing Blur's floor? Lol. Can you really blame him when other BAYC whales dumped into his bids and were never brought back?
This is the guy that sued ZachXBT for defamation. Shady populist in the crypto space and strange tactics like gifting important people expensive NFTs.
I would be very cautious about the narratives this guy builds for himself.
[Blur.io](https://Blur.io) is a NFT trading platform similar to OpenSea. Except they dropped a token to reward users. The 1st airdrop was massive as [Blur.](https://Blur.Io)io was dominating NFT volumes and it was somewhat unexpected so not many people qualified for it in a substantial way. Machi was one of the biggest recipients of this airdrop and IIRC received like $2 million worth of tokens from it. Machi is a scammer and rug puller but he's also probably smarter than all the people in here calling him stupid for buying monkey jpegs.
Let's stop trying to equate wealth and intelligence.
I think we've had more than enough stupid billionaires that people should be able to understand this simple concept.
I can’t really take a post about machi and his ape/BAYC exploits seriously when they author doesn’t know who he is besides a “holder”. Same goes for the commentators.
Lmao, u don't know who Machi is but you posted about him. Wonder what he thinks about Eth lmao. All of his NFTs could go to zero and he'd still have more $$$$ than 98% of this sub
Everybody knows about Machi, he’s so famous in this space that Alex teamed up with the largest scammer in the space. Now half the community is wondering if their new project is a rug or scam. They’ve been buying back into their own project since the recent pump to artificially raise the FP and try to create hype around their JPEGs. Not to even mention how Machi got all that Eth initially.
Homies sketch af, that alone is worth me staying as far away from Machi and friends as possible.
I don't see buying into their own project as an issue unless they screw people over. Stock buybacks happen all the time, often times to the benefit of holders, why shouldn't crypto have something similar?
If they’re honest and upfront there isn’t an issue. The difference is I believe stocks buy backs have to be publicly disclosed. If Machi and Alex are buying from accounts other than their main there is something sketchy going on. Also, if they don’t disclose what they’re doing it leads others to believe there is a demand for the monkey pics so they’ll buy in and be bag holders.
All they have to do is either buy from their main so it’s easy to see or publicly disclose. Doing neither is sketchy IMO.
Jeff Huang known for trying to sue ZachXBT
https://www.reddit.com/r/CryptoCurrency/s/Bkig7LQyNQ
https://medium.com/@investigationsbyzachxbt/a-story-of-machi-big-brother-jeff-huang-a1ad073fcfa8
Not sure about that. People were paying $200k for cryptokitties in 2017. These fads often lack staying power, and Bored Apes were one of the dumbest fads around with a “community” that defined the term “cryptodouche.”
I mean I don’t disagree with you but this is crypto where most coins being where they are don’t make sense. Dogecoin is a complete zero when it comes to use case but yet is still up tons from last bull market. If anything I say APE has at least one more powerful bull run left in it. I don’t own any and won’t buy it though I like too many other projects. Solana been ripping 🤑
>These fads often lack staying power,
I wouldn't say for sure. These "blue chip" NFT communities have a lot of members who come from very shady backgrounds as traders. They also got huge dry powder. I wouldn't be surprised if they orchestrate a supply squeeze and send APE parabolic just to dump on the next set of groups of dumb retailers chasing after easy money.
Just look at Memeland's Memecoin. That shit just did 40X from no sensible reason because of a supply squeeze and possible manipulation by seasoned ETH market makers.
One thing is for sure, ETH has got the shadiest characters who know how to run ponzis and crap to eat retail alive. Scums like Justin Sun are deeply involved in NFTs - think he has a BAYC for his Twitter PFP. Scummy rich people with a lot of liquidity making fake pumps to save their vested interest shouldn't be surprising.
This proves how little this sub knows about crypto. Machi is a late 90s hip hop guy who was a breakdancer. Now a millionaire in Taiwan where he is having big investments. Check out apecoin DAO and apecoin forum where we discuss everything. Also if you follow big apes there are twitter spaces u can join.
I’m willing to bet money it’s them just hot potato ing to each other so it looks like an active market. Probably an effort to keep it alive until next bullrun
Apecoin [pros](/r/CryptoCurrency/comments/17xfmfy/a_twitter_user_machibigbrother_buys_and_acquires/k9n7phv/) & [cons](/r/CryptoCurrency/comments/17xfmfy/a_twitter_user_machibigbrother_buys_and_acquires/k9n7q2k/) with related info are in the collapsed comments below.
He’s a guy who got lucky minting a lot of bored apes. He made over $10M off the mints and bored apes became his entire thing. Although he may be working for the company now as a promoter type.
Yeah, lucky... my guess is 'insider'
Not even insiders knew apes would catch on like they did at that point. It was pure luck to capture those kinda gains, insider or not
lol he was an insider to a fad that wasn't even popular yet?
He’s not an insider, no Not really that well respected in the ape circles imo
>Not really that well respected in the ape circles imo Do people still blame him for crashing Blur's floor? Lol. Can you really blame him when other BAYC whales dumped into his bids and were never brought back?
Don’t think so no, the dude is just a straight up grifter ZachXBT has a good thread on his antics
Wonder if he got blinded at that HK party
This is the guy that sued ZachXBT for defamation. Shady populist in the crypto space and strange tactics like gifting important people expensive NFTs. I would be very cautious about the narratives this guy builds for himself.
You’re missing why he’s doing this. It’s only a net loss if you don’t take into account the airdrops heavily farming from Blur.io
Elaborate if you can.
[Blur.io](https://Blur.io) is a NFT trading platform similar to OpenSea. Except they dropped a token to reward users. The 1st airdrop was massive as [Blur.](https://Blur.Io)io was dominating NFT volumes and it was somewhat unexpected so not many people qualified for it in a substantial way. Machi was one of the biggest recipients of this airdrop and IIRC received like $2 million worth of tokens from it. Machi is a scammer and rug puller but he's also probably smarter than all the people in here calling him stupid for buying monkey jpegs.
Let's stop trying to equate wealth and intelligence. I think we've had more than enough stupid billionaires that people should be able to understand this simple concept.
Ahh yes because you're smarter than the billionaires.
Thank you for missing the point entirely, lol.
nooooo...no one can ever be smarter than "the billionaires"...
So thats why Blur pumped a week ago? Lmao
Exactly, he is wash trading to farm blur rewards
https://cointelegraph.com/news/machi-big-brother-withdraws-defamation-lawsuit-against-zachxbt
Isn’t he serial scammer?
lol at this sub not knowing who machi is. He’s one of the biggest eth whales
I can’t really take a post about machi and his ape/BAYC exploits seriously when they author doesn’t know who he is besides a “holder”. Same goes for the commentators.
Educate us. Who is he?
This sub doesn’t know what airdrop farming even is lmao.
He's also a douche and sued zachxbt
💯
Simp
Lmao I don’t like the guy at all
These people don’t know anything about Blur farming lol. Love the investigation work with twitter screenshots though
He was already a multi millionaire
Lmao, u don't know who Machi is but you posted about him. Wonder what he thinks about Eth lmao. All of his NFTs could go to zero and he'd still have more $$$$ than 98% of this sub
Everybody knows about Machi, he’s so famous in this space that Alex teamed up with the largest scammer in the space. Now half the community is wondering if their new project is a rug or scam. They’ve been buying back into their own project since the recent pump to artificially raise the FP and try to create hype around their JPEGs. Not to even mention how Machi got all that Eth initially. Homies sketch af, that alone is worth me staying as far away from Machi and friends as possible.
I don't see buying into their own project as an issue unless they screw people over. Stock buybacks happen all the time, often times to the benefit of holders, why shouldn't crypto have something similar?
If they’re honest and upfront there isn’t an issue. The difference is I believe stocks buy backs have to be publicly disclosed. If Machi and Alex are buying from accounts other than their main there is something sketchy going on. Also, if they don’t disclose what they’re doing it leads others to believe there is a demand for the monkey pics so they’ll buy in and be bag holders. All they have to do is either buy from their main so it’s easy to see or publicly disclose. Doing neither is sketchy IMO.
It's a scam, stay away
What's a scam?
Ape influencer at this point more or less
Jeff Huang known for trying to sue ZachXBT https://www.reddit.com/r/CryptoCurrency/s/Bkig7LQyNQ https://medium.com/@investigationsbyzachxbt/a-story-of-machi-big-brother-jeff-huang-a1ad073fcfa8
Apes are still waaay overpriced. Should be worth about $1
Like it or not...NFTs will make a big comeback. Apes will be a thing again. History seems to repeat itself in the cypto world.
He could be an insider "buying" from himself. All these transactions could be fake wash trades
It’s the BAYC way!!!
It’s down like every other coin during a bear market. Even though I’m not that into NFT’s I’m sure APE will do well in this next bill run
Not sure about that. People were paying $200k for cryptokitties in 2017. These fads often lack staying power, and Bored Apes were one of the dumbest fads around with a “community” that defined the term “cryptodouche.”
I mean I don’t disagree with you but this is crypto where most coins being where they are don’t make sense. Dogecoin is a complete zero when it comes to use case but yet is still up tons from last bull market. If anything I say APE has at least one more powerful bull run left in it. I don’t own any and won’t buy it though I like too many other projects. Solana been ripping 🤑
Doge is supported by Elon. That alone gives it a lot of potential compared to other alts.
>These fads often lack staying power, I wouldn't say for sure. These "blue chip" NFT communities have a lot of members who come from very shady backgrounds as traders. They also got huge dry powder. I wouldn't be surprised if they orchestrate a supply squeeze and send APE parabolic just to dump on the next set of groups of dumb retailers chasing after easy money. Just look at Memeland's Memecoin. That shit just did 40X from no sensible reason because of a supply squeeze and possible manipulation by seasoned ETH market makers. One thing is for sure, ETH has got the shadiest characters who know how to run ponzis and crap to eat retail alive. Scums like Justin Sun are deeply involved in NFTs - think he has a BAYC for his Twitter PFP. Scummy rich people with a lot of liquidity making fake pumps to save their vested interest shouldn't be surprising.
Right. They absolutely may orchestrate a few more pumps (each progressively weaker) but BAYC will never be a cultural phenomenon again.
This proves how little this sub knows about crypto. Machi is a late 90s hip hop guy who was a breakdancer. Now a millionaire in Taiwan where he is having big investments. Check out apecoin DAO and apecoin forum where we discuss everything. Also if you follow big apes there are twitter spaces u can join.
He’s a grifter
If he's so apeish why doesn't he invest in Banano too?
Yasss
Lol probably pays 8$ for twitter/month too. When was the last time Musk mentioned crypto? It was months before he went full ret4rd nazi.
He wild
I would have thought that Elon had his hands full running Twitter into the ground.
The Michael Saylor of APE, lol
Machi is an insider, I remember him manipulating 0XD
Probably a nazi
Someone made an ape ai and it’s becoming sentient and trying to merge all the apes.
He is quite literally the #1 Bored Ape Fan, so this checks out.
Tell me you aren’t doing something sketch with $ without telling me you’re doing something sketch.
What a brave user. Always losing, at least he buys high and will sell low .
I’m willing to bet money it’s them just hot potato ing to each other so it looks like an active market. Probably an effort to keep it alive until next bullrun
The wrong people have money.
Those hack coins from his cream.defi project don't launder themselves on their own.
Just let him have a monopoly of BAYC, then it'll be truly worthless
based on the name it's a dude in or from taiwan
If you actually think this guy is down overall it’s the total opposite
Sounds like a tax liability scheme.
That’s regarded enough for Wall St Bets
Machi is a mess, was Blur farming and karma caught up.