The Shitcoin Rumor Mill: April 27th ‘22

Benjamin S Bateman
5 min readApr 27, 2022

This is just a loose working script from the show and as such, is a touch messy. Still, if it helps then I don’t mind. Full episodes and all the links available at https://nevermindtheshitcoins.com/

NVMTRM 27/4

B — Hi, I’m Ben

A — I’m Anastasia

B — And you’re watching NVMTRM

A — On Wednesday April the 27th

B — Every M W + F, we trawl the crypto news columns, babble with our little birdies, and bring you all the blockchain business you could ever need, in less than 10 mins.

A -Usually…

B — I try my best haha… Coming up today, we’ve got a coin which could go 5400% according to one ‘expert’.. I try to make sense of what bitcoin has and might do, we track our tradeview competition coins, news and rumors of US law changes, huge Airdops, and more…

A — But first. If you’re watching this show because you like our style, or you wanna go do your own research based on the gossip we bring you, then hit like and subscribe. But if you’re looking for financial advice…

B — You’re in the wrong part of town amigo…

CHARTs

B — SO, what’s occurring Mr Bitcoin sir?
BTC

https://cointelegraph.com/news/purpose-bitcoin-etf-adds-1-1k-btc-as-data-hints-investors-want-to-buy-the-dip
https://www.finance-monthly.com/2022/04/bitcoin-is-less-risky-than-bonds-claims-microstrategy-ceo/
https://cryptobriefing.com/central-african-republic-introduces-bitcoin-legal-tender/

ETH — Cathie wood hmmmm…

Ever

SOL

AVAX

DOT

LUNA

Quick Gossip

A — Axie no longer a play to earn game, says creators. Making it, well, just a game now I suppose.

Popular no coiner fantasy sports site Thrive are now accepting 5 top crypto coins. Welcome to the dark side Thrive!

https://u.today/shiba-inu-and-other-cryptos-now-accepted-on-this-esports-app-through-ftx-details

Football Legend Ronaldinho has teamed up with the decentralized exchange P00LS to produce his own currency, RON.

The official Instagram account of NFT collection Bored Ape Yacht Club (BAYC) was confirmed to have been hacked on Monday, allowing more than a dozen NFTs to be stolen.

Newly Discovered Mysterious Whale Accumulates Another 344 Billion Shiba Inu, Now Holds 6.1 Trillion Shib

https://news.coincu.com/83830-crypto-market-highlights-april-26/ — maybe few good quickfire points here)

Big Rumours

B — Are you feeling optimistic today, Anastasia?

A — Meh.

B — Well, Vitalk is. He’s been teetering today about how the Optimism DAO, is the most important non-token centred DAO yet.

A — If you’re not sure what a non-token DAO is then let me explain:
* Optimism says it will run with 2 houses…

* Token house, is, shock, a token. It’s being airdropped to certain eth addresses which jump through their hoops

* Access to citizen house is granted via NFT holding, and is non transferable, so no not really fungible? But these ‘citizens’ stop the tokens and hence votes being gobbled by whales. Unless they sell the wallet itself…

B — Noble intentions and fingers crossed for their system is robust enough to resist a rugpull, because, and this was a bit of a shocker to me, The state of New York are moving to make Rugpulls illegal

https://coingeek.com/new-york-state-lawmakers-propose-bill-to-criminalize-rug-pulls/

A — What, you mean it wasn't illegal to make promises of huge defi returns and steal peoples money before now?

B — When real life is funnier than any stupid joke I could write, it’s time to move to the next story..

A — I found this bit of gossip brewing… Apparently Blockheads at Minecraft, don't like blockhead with NFTS….

B — Minecraft developers urged game studios not to succumb to the hype around NFT

The creators of the Minecraft video game have invited all developers to make a commitment not to create games that promote artificial scarcity of crypto assets and NFT speculation that only benefits first-time buyers.

Feel Good Final Bit

B — Some of the best one liners and tweets about Elon Musk buying Tweeterrs…?

OUTRO

A — Remember, as info-taining as we are, we’re not financial advisors, but if you enjoyed the show, subscribe and like the video! Thanks!

B —New episode of NVMTS rec tomorrow so be ready over the e/end all)

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Benjamin S Bateman

Over-opinionated hyphen-abuser, lover of words, and magical internet money community management extraordinaire.