The Rollup Why Everything You Think You Know About Crypto Tops Is Wrong with NotSoFast
Aug 13, 2025
ETH surges to $4,500, reigniting optimism in the crypto space. NotSoFast shares tales from the chaotic days of 2016, including his jaw-dropping rescue of $2 million in PIVX. The discussion dives into the shift from initial skepticism to a wave of institutional interest that has transformed the landscape. Evolving trading strategies and the role of stablecoins are examined, alongside the complex dynamics of corporate blockchain versus decentralization. A deep exploration of risks and future potential keeps the excitement alive.
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Rescuing $2M From A Storage Locker
- NotSoFast mined Dnet (later PIVX) heavily in 2016 and pooled rewards into a single wallet.
- He physically retrieved a dusty computer from a storage locker that held roughly $2M in PIVX at peak price.
Masternode Governance Turned Exploit
- NotSoFast describes how a group in Barrie, Ontario, manipulated PIVX governance and listings to dump tokens.
- They captured masternode rewards, organized exchange listings and then sold into the market, killing value.
Denominate Gains In Bitcoin Or Base Chains
- Keep a BTC-denominated view of your portfolio and reweight into base chains like Bitcoin, Ethereum, or Solana.
- If an asset isn't outperforming Bitcoin, consider shifting capital into Bitcoin or a Lindy base chain.