Our Reaction to Runes Launch 🤔 Are we Bullish or Bearish?!

Поділитися
Вставка
  • Опубліковано 31 тра 2024
  • The Rune token protocol deployed a few days ago at the Bitcoin halving block (840,000). Since then we witnessed an insane increase in Bitcoin fee’s but this level of excitement and market activity was short lived and only last for a few hours up until a majority of the first 10 Rune deployments were minted. Already the market is displaying signs of exhaustion and disappointment in what Runes ultimately delivers for the Bitcoin metaprotocol space. We discuss our thoughts and experience based on the events that unfolded over the weekend.
    Get our NFT: rovi.ai/
    Please like and subscribe. Also, check out our podcast on your favorite podcasting app!
    Play on our land: bit.ly/MetaZone
    Website: www.theblockrunner.com/
    Follow us on:
    Twitter: bit.ly/TBR-Twitter
    Telegram: bit.ly/TBR-Telegram
    Our Discord: bit.ly/TBR-Discord
    Mscribe Discord: / discord
    Audio:
    : bit.ly/ThBlkRnr
    Spotify: bit.ly/TBlockR
    Stitcher: bit.ly/TheBlockRnr
    Thumbnail by:
    That Xavier - / @thatxavier
    Twitter: / thatguyxr
    End Music by
    Twitter: @Nat_Thom_
    UA-cam: t.co/Ou22RD8wlJ?amp=1
    Disclaimer
    The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.
    0:00 Sats peak after etching, mania starts
    5:40 Founders disappointed with high fees, lackluster platform
    6:22 Multiple platform providers hyped up runes protocol
    9:46 Caution advised with high-reward crypto investments
    15:37 Not everyone should have been, but Unicent's trusted
    16:55 Developers seek profit in trading meme products
    21:59 Potential for Rune token to dominate market
    23:32 In context, protocol and timing are important
    27:36 Miners consider sustainability benefits of bitcoin mining
    29:09 Uncertain about future, waiting for developers' innovation
    #blockrunner #runes
  • Наука та технологія

КОМЕНТАРІ • 263

  • @dushyant2877
    @dushyant2877 Місяць тому +26

    Alright !
    Lets get back to building Bitmap ecosystem guys!

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +6

      I know, its about time right?

    • @cuddlymike
      @cuddlymike Місяць тому +2

      Bitmap has intrinsic use value. I couldn't see the use case for Runes. However, how will the metaverse scale? I still like Bitmaps

    • @evangelista279
      @evangelista279 Місяць тому

      BRC20 os enouth bro

  • @Protocolpimp
    @Protocolpimp Місяць тому +8

    As an engineer, I can confirm we are not working on runes. Currently cooking up something for bitmap and brc20. The moral of the story is opportunities don’t wait for anyone, most of us deployed tokens already. Nobody was waiting for casey to deploy on runes, simply took too long. The halving was cool, had a nice smoke on 420, but don’t get lost in the haze. Bitmap > runes

    • @evangelista279
      @evangelista279 Місяць тому +2

      U right bro. BRC20 is future. 90% of transaction there. FAIR MINT. Iam bullish.on brc20 tokens

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      This is a fair take, builder will build with the tools that they have and not wait for anything.

  • @neozaruneozaru8215
    @neozaruneozaru8215 Місяць тому +13

    I don't get it. It's been two days and we are drawing conclusions? About what exactly?
    I thought Bitcoin time was a slow one

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      I don't know how this ecosystem expands beyond deploy, mint and transfer. But it could interplay with ordinals pretty seamlessly.

    • @neozaruneozaru8215
      @neozaruneozaru8215 Місяць тому

      @@TheBlockRunner Is it because we are limited to the 80 bytes of OP_RETURN? If there were more I could imagine other applications such as swapping x runes A to y runes B

    • @Flan_
      @Flan_ Місяць тому

      @@neozaruneozaru8215 yes perhaps a little hasty to draw conclusions. but man, if you are not new to crypto, a coin called "satoshi nakamoto", with a very high entry price (only for rich people) and a 20% pre mint, if you are not new to crypto, you have already seen that, and 99% was scam
      now.. fundamentals.....

    • @Riskninjaz
      @Riskninjaz Місяць тому +1

      The markets are hardly even in place. Give the devs some time to build the platforms.

    • @danieltraub9651
      @danieltraub9651 Місяць тому

      You know why there is already a conclusion.... Because this channels videos are clickbait only. This is what the theBlockRunner themselves always admit. People like you and me are the best testamonis. Unfollowed. 🤗

  • @bfr6109
    @bfr6109 Місяць тому +9

    Often when general public loses interest, especially if there is sudden bearish sentiment going around without any fundamentals being changed, whales start to accumulate and finally things rocket when low priced supply has been hoarded. We saw this with Pepe on Eth, Bonk on Solana etc.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      What fundamentals did PEPE and Bonk have that was a clear winner despite the loss of interest?

    • @JetsOff
      @JetsOff Місяць тому +1

      ​@@TheBlockRunner it had PAY-PAY in the name.

    • @bfr6109
      @bfr6109 Місяць тому

      @@TheBlockRunner Well that’s another discussion but besides the point. Fundamentals, crappy or not, did not change but for whatever reason the retail sentiment did. That’s usually a sign of emotional trading and it tends to backfire. And it did. Once again.
      (I suggest looking into history and ecosystem of Bonk by the way, there’s actually quite a bit going on. Not that it wouldn’t still be a shitcoin like all of these)

  • @BinhNguyen-jw1zg
    @BinhNguyen-jw1zg Місяць тому +9

    Man, Casey wanted to create the Casino on Bitcoin for memecoins. I don't know why you guys seem to hate it. It is a lot of fun to watch tbh. Meme has always been a key part of crypto. Even Bitcoin itself is like the biggest memecoin ever.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      We don’t hate it, there’s only not much to talk about when it’s only memes. How much can you say about a meme?

    • @Dpaq13
      @Dpaq13 Місяць тому

      The time is now for meme.economics

    • @googLi-mm1id
      @googLi-mm1id Місяць тому +2

      Nah Bitcoin is not a meme never was. But newbie like you won't understand 😅

    • @aw7614
      @aw7614 Місяць тому

      Ah true, the builders don't care about it and that's honestly very fair ​@@TheBlockRunner

    • @vinchino
      @vinchino Місяць тому

      What about other brc20 like ordi and sats, also nothing to talk about​@@TheBlockRunner

  • @kasseen
    @kasseen Місяць тому +6

    bought the piko top on runestones and got rekt down 69% now🤦‍♂

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      hang in there, this could mean you qualified for their snapshot for their next airdrop. Could mitigate some losses here.

  • @mihai4438
    @mihai4438 Місяць тому +2

    I think we should support all BRC-20, Runes, DMT etc. There is enough room for all. We just have to fill it with people from other chains

  • @oduyaa
    @oduyaa Місяць тому +1

    Thanks again, guys. Always refreshing to hear from two level-headed knowledgeable gents who aren't just complete raving hype beasts.

  • @i6power30
    @i6power30 Місяць тому +5

    It's sad to see runes sucked all the liquidity away from bitmaps and natcats. But i bought more just to hold through this downturn i hope they have more staying power than just mene projects.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      People tend to find the next opportunity, Price doesn't always indicate value. Afterall Bitcoin also goes down and its the most valuable asset on the planet.

  • @gloriavargas735
    @gloriavargas735 Місяць тому +5

    So Francis was right...

    • @evangelista279
      @evangelista279 Місяць тому +1

      Yes francis was totally right. Bit before he says I already think SMELL SHIT

  • @mobjaw4455
    @mobjaw4455 Місяць тому +2

    The main popular ones may recover, but it got over-saturated before it was out. There were too many and it was confusing. You two are right it wasn't unknown like the first BRC-20s.

  • @sygt42
    @sygt42 Місяць тому +3

    I'm happy that I'm following you guys, thanks for sharing all the inside 🤘

  • @brandonwampler8267
    @brandonwampler8267 Місяць тому +7

    Thank God someone else talking about TRAC again...

    • @nmnnmnm4637
      @nmnnmnm4637 Місяць тому

      Does trac index for src20 stamps? If so then trac should rise if stamps get used

    • @brandonwampler8267
      @brandonwampler8267 Місяць тому

      @@nmnnmnm4637 Not to my knowledge. Ordinals, BRC-20, TAP, DMT, Pipe and soon Runes.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      Trac is powerful for devs.

    • @brandonwampler8267
      @brandonwampler8267 Місяць тому

      @@nmnnmnm4637 No, not to my knowledge. Ordinals (including Bitmap), BRC-20, TAP, DMT, Pipe, and Runes. Odd, people fading TRAC, but the scope of the project just keeps expanding...

    • @brandonwampler8267
      @brandonwampler8267 Місяць тому +2

      @@TheBlockRunner Right, it's even indexing Runes too here in an update or two. People, are fading the project all the while the tentacle keeps growing.

  • @mikhailsurin3617
    @mikhailsurin3617 Місяць тому +1

    Guys I appriciate honest assesment

  • @inbestprogram
    @inbestprogram Місяць тому +2

    Thought this day would’ve never come

  • @pimpingkek4947
    @pimpingkek4947 Місяць тому +1

    I specifically remember looking for ordinals content last year. It was you guys and Francis dune

  • @Mustangbass
    @Mustangbass Місяць тому +3

    The ones who sold before halving made some profit, I should sell the Unnamed before Halving lol, I think the true alfa is $trac $tap $bitmap $nat and Drc20

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      These all have a narrative to back them up.

    • @hectolandia
      @hectolandia Місяць тому

      very different from the atomicals protocol, the seriousness of the project is ingenious, the tokens are backed by satoshis and the indexers are free for anyone to develop games, social networks, and soon they will launch the AVM smart contracts all on the btc network

    • @Mustangbass
      @Mustangbass Місяць тому

      @@TheBlockRunner DMT is the best

    • @evangelista279
      @evangelista279 Місяць тому

      BRC20 is the FUTURE of altcoins

    • @evangelista279
      @evangelista279 Місяць тому

      Forget drc20 it is doge blocchain not bitcoing. BRC20 and tokens on it

  • @futureforward3153
    @futureforward3153 Місяць тому +2

    We are in the ‘pragmatist’ phase of ordinal/Bitcoin ecosystem adoption. This I think is the final proving point. Going forward ppl will look for functionality. L2s and meta protocols will win walking forward I think

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      This is what will have longevity. Agreed.

  • @ruhelmiah2133
    @ruhelmiah2133 Місяць тому +1

    I mined rsic protocal. I was airdropped rsic token. Can i sell them on any exchange or do i need to do something before i put them on sale? Do you have any video on this? Please help me.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      Not really sure if they've done their airdrop yet.

  • @ddd-hd1xi
    @ddd-hd1xi Місяць тому +2

    100% agree, Runes will fall hard

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      I think many will fall hard, but not the whole thing. Someone will do something creative.

  • @MrJustjo3
    @MrJustjo3 Місяць тому +3

    I'm mean their not wrong, but I'll be holding on to the few runes I minted. Good conversation as always fellas keep up the good work.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      thank you for the support!

    • @evangelista279
      @evangelista279 Місяць тому

      Do not put too much money. Has no traction like brc20

  • @vincevince7086
    @vincevince7086 Місяць тому +3

    gone before began,very much expected .

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      Definitely not gone, but it'll take time for devs to do stuff with it.

  • @Brandonsaidit
    @Brandonsaidit Місяць тому +3

    People are midcurving this too much imo. Degens want more things to degen on. Love the show guys, keep it up
    Also WANKO MANKO

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      Thanks. Degens want functionality because it provides more vectors of speculation. How many vectors could memes have? So far just the ticker name and the traction on social media.

  • @romadevil
    @romadevil Місяць тому +2

    I see much more potential with atomicals

  • @robertoruiz911
    @robertoruiz911 Місяць тому +1

    Man! What is your problem? DMT is not only meme tokens until now? What about your party of NatMania? Please! Runes is a new technology. It is very interesting. Probably you can make runes using also DMT. You are very important in the BTC community. Keep it up. Greetings.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      We’re always looking to see how DMT can be applied to other places.

  • @jondoe7194
    @jondoe7194 Місяць тому +4

    Still bullish on TAP

  • @dailyjogabonito
    @dailyjogabonito Місяць тому +2

    Love this channel. So so good. Keep it up guys!

  • @Ashv1rk
    @Ashv1rk Місяць тому +2

    I look forward to all your videos guys, great conversations always! I do wish i'd noticed your uncertainty on runes before i bought satoshi and lost 50% on it already 🤣

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      We like to analyze the market to understand what the invisible hand is doing. We definitely do not recommend buying any of this stuff, but instead learn about all of it. Part of learning is getting into the mix so even though you’re down you’ve learned something for the next run.

  • @musculosespartanos4149
    @musculosespartanos4149 Місяць тому +1

    Something I've learnt navigating the crypto space for a while is that you can never fade stupidity.
    Your points are so valid and logic BUT Binance teases to list Runes.
    Stupidity is underrated.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      That’s something we learned too. It’s an important lesson is to recognize where the audience is and act accordingly.

  • @olaart3223
    @olaart3223 Місяць тому +2

    The Runes protocol appears to have little differences from the BRC-20 protocol. Is it possible to enhance the BRC-20 protocol to match the functionalities of the Runes protocol? Considering the significant value embedded in BRC-20, enhancing it could potentially maintain a more united BRC-20 community. Personally, I believe Ordinals hold a stronger narrative compared to Runes because Ordinal assets are seen more as collectibles, unlike the hundreds of meme coins that are likely to plummet in value as that market quickly becomes over saturated with meme coins specially when shorter names are coming in a few months

    • @hectolandia
      @hectolandia Місяць тому +1

      very different from the atomicals protocol, the seriousness of the project is ingenious, the tokens are backed by satoshis and the indexers are free for anyone to develop games, social networks, and soon they will launch the AVM smart contracts all on the btc network

    • @olaart3223
      @olaart3223 Місяць тому

      @hectolandia thanks for the reply. Who's going to launch the AVM?

    • @evangelista279
      @evangelista279 Місяць тому

      Domo will do BRC20 2.0. just wait.
      Runes is rigged prptocol

  • @rustycole6517
    @rustycole6517 Місяць тому +1

    Wow very surprised at yalls take on runes.
    I think its a major breakthrough, huge upgrade from brc20s.
    You can now transfer right away without doing inscribe transfers.
    Its so cool!
    I was in ordinals on day 1. Runes is what Brc20s could never be.
    And they come with cool emoji symbols/logos/short+long tickers.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      That’s not 100% correct.
      If you have 1 million runes tokens on a single UTXO, you still need to break up that UTXO to sell a part of that runes balance that you have. It’s just a little cheaper to split a UTXO than to inscribe a new JSON file.

  • @mattmarnis
    @mattmarnis Місяць тому +1

    I think it might swing back to Ordinals, and DMT-NAT ecosystem now… Because Runes hype came in and stole the limelight away from DMT, before DMT had any amount of time to percolate and achieve anything significant. And if this happens, I think they will have a big run this time. 🔥
    PS: A positive about Runes was just the overall levels of excitement and engagement… It’s been a full on, enjoyable, energetic month! ✌️

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      That is a great take! It was a lot of energy in the space. That was indeed the best part!

  • @MichoSalamanca
    @MichoSalamanca Місяць тому

    its a protocol, u can build on it you dont have to play casino
    , casey invented the protocol and ordinals, Respect!

  • @stuartgriffin5778
    @stuartgriffin5778 Місяць тому +1

    Good points well made, as always! 🙌

  • @LL-wn8yw
    @LL-wn8yw Місяць тому +3

    People need to buy natcats

  • @user-lj7rr4ob1v
    @user-lj7rr4ob1v Місяць тому +2

    runes is a better protocol than brc-20, but there is no use case at this time beyond what exists.

    • @evangelista279
      @evangelista279 Місяць тому

      RUNES IS NOT BETTER
      Runes Protocol is NOT fair mint. Pre mint. non mintable option. Rigged protocolo. Airdrop for group.
      BRC20 is fair mint. Not pre mint. Mint by mint.
      SEC will do with casey cuz of runes same with creator of uniswap.
      BE CAREFUL wait more to invest.

    • @garywolff279
      @garywolff279 Місяць тому

      Ok. 'Better' is subjective. Its a more flexible protocol independent of ordinals, correct? ​@@evangelista279

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      Accurate take. I think we will see devs do something creative with it. Its just hard to see how. But early indicators seem to have a runes and ordinals interplay.

  • @jshawsworld
    @jshawsworld Місяць тому +1

    Wouldn’t additional functionalities be the job of L2s?

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      I think you need to create demás on L1 before L2 makes sense. Not enough demand so far.

    • @jshawsworld
      @jshawsworld Місяць тому

      @@TheBlockRunner coming from the eth world so this is a noob question: smart contract functionalities (any manipulations of a token other than etch, mint and transfer) drive demand for tokens but btc architecturally can’t have smart contracts on-chain, so the job has to be done by an L2?

  • @axe8631
    @axe8631 Місяць тому +1

    I’m not sure how Jiggly Floppy Disk doesn’t change the Crypto World. It is an esoteric phenomenon of epic proportions. It will change lives. Don’t fade it guys 😂😂😂😂. Love your channel. Thank you!!

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      Haha. Jiggly floppy disk will melt the human race.

  • @evangelista279
    @evangelista279 Місяць тому +1

    Tks God this channel is FAIR AND TRUE. I already knew it before

  • @adiloufkir317
    @adiloufkir317 Місяць тому +1

    I believe runes runed it 😅😅....seriously, i think runes should've been released first to have some fun and test the market then the ordinals, im not an expert, but what happened was a disaster and waste of money and time for those who probably minted and i watched it live with yagobi and his buddy for an hour then i gave up, and all the excitement i had went away within that one hour, and Casey made a big mistake here, specially with premined BS projects. I believe in tap and trac and so far i think they're the only serious projects on the mother chain!
    Thank you guys for another great video and discussion

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      Runes still has a shot, but it has a lot of catching up to do.

  • @gschaaf713
    @gschaaf713 Місяць тому +1

    what do you think of runes terminal?

    • @evangelista279
      @evangelista279 Місяць тому

      All shit

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      They are doing something interesting. We'll see if we do a deep dive.

  • @flint857
    @flint857 Місяць тому +2

    The reason I became skeptical was because during the discord Leonidas was asked where the money for the airdrops is coming from and he danced around it, didn't answer the question. Secondly.. those fungible tokens aren't divisible like btc an so a meme coin that costs 5k just to be in seems unsustainable in my opinion.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      You can break these down by breaking down the UTXO into small pieces. But yeah, not a lot of functionality here.

    • @flint857
      @flint857 Місяць тому

      Wait... so your saying I can buy a runestone that costs 0.07 btc I can buy just a fraction of that over time? I don't think that's how it works because they're numerical in order and older ones cost more. I don't think you can divvy that up. I think they're divided up already.... and even if you could do that are you saying retail will even be savvy enough to know how to do that? Heck I mean I'm retail. I've been doing the due diligence and I'm somewhat savvy, but if I can't do it or have a hard time with it that's a good sign that it's too hard and may cause retail to look elsewhere especially if there isn't millionairs frothing at the mouth drunk on gains screeming through a Twitter megaphone motivating people to learn.

    • @evangelista279
      @evangelista279 Місяць тому

      I thought same who buy 5k NFT. Now is dump already 50% down

  • @Mrpinciukas
    @Mrpinciukas Місяць тому +1

    Is it not to late to bay Stone rune for airdrop ?

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      It’s not a bad price right now, but the snapshot for the first airdrop has already been taken. There are allegedly two more airdrops coming.

  • @VaryingViewpoint
    @VaryingViewpoint Місяць тому +1

    Great show! As always!

  • @MichoSalamanca
    @MichoSalamanca Місяць тому

    free and fair real OGs

  • @longfield8978
    @longfield8978 Місяць тому +1

    At lease, it is ready to build stablecoins on top of runes protocol rn

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      I hope so, that would be extremely useful!

  • @pauljohnson9315
    @pauljohnson9315 Місяць тому +3

    Holy midcurve mania

  • @cryptonek4
    @cryptonek4 Місяць тому +1

    Love the info

  • @tamgid1
    @tamgid1 Місяць тому +3

    Bitmaps

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      Its the one of the very few things that is new.

  • @DakBic25
    @DakBic25 Місяць тому

    So glad I faded Runes. AKA “Ruins”

  • @goastemoney
    @goastemoney Місяць тому +2

    If you could connect your wallet to games onchain and they "activate" the runes and allow you different sort of like "game breakers" to give players a unique experience like double exp, as keys to dungeons with game specific nfts that you can sell to others.. etc. that would actually give all this "Runes' stuff actual purpose
    Like it'd be cool to start with Runescape lmaoo I think that'd go crazy 😂😂

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      That would be very cool! And it seems doable actually.

    • @evangelista279
      @evangelista279 Місяць тому +1

      RIGGED RUNES PROTOCOL

    • @goastemoney
      @goastemoney Місяць тому

      @@evangelista279 Lol, obviously you haven’t played Halo 3 & collected the skulls Bungie left for players to make the game more fun if you could find them; it’s the same idea. It’s not “rigged” lol, just changing the experience up so players have something different to do during 2nd or 3rd play through of their favourite games

    • @goastemoney
      @goastemoney Місяць тому

      @@TheBlockRunner Hopefully something like this happens, a lot of us would be more excited to play single players/rpgs again!
      Anyways, thanks for the reply, love your content! Learning everyday 🙏🏾

  • @makklawrence2243
    @makklawrence2243 Місяць тому +1

    You guys were saying this was a basis for build everything Ethereum has. What about cbrc 20s. i thought you guys were saying this is a very special protocol that would let you program against it. No one knew but isnt what runes is attached data to runes and that is the value? I thought the naming was the ability to use this data, that it was also metaverse?

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      I think there was a misunderstanding somewhere here.

  • @LL-wn8yw
    @LL-wn8yw Місяць тому +2

    Src and stamps the silent moonbag

  • @EricTheRed1979
    @EricTheRed1979 Місяць тому +1

    I call bs on that the one guy suspected this would happen. I've watched all these videos and he never said that once.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      Hard to think that a meme economy would really go wild.

  • @anvilblackstone1557
    @anvilblackstone1557 Місяць тому +3

    No one gives a shit about how interesting the technology is, get used to it.

    • @evangelista279
      @evangelista279 Місяць тому

      Pre mint tech? No mintable option? Smell gambling

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +2

      No one cares? Except for us. The good thing is most crypto content doesn’t care about interesting tech either, so you’re in good hands.

  • @chidiobiapuna8334
    @chidiobiapuna8334 Місяць тому +1

    I like the fud...it builds to a burst

  • @thetrip
    @thetrip Місяць тому

    im still bullish on runes. especially if i think about L2‘s like BVM. change my mind

  • @western9712
    @western9712 Місяць тому +1

    Runes is just a worse Pipe protocol by Trac. Trac Ecosystem so undervalued. It needs some more marketing but I think Trac will succeed in the end for sure!

  • @ryanandrews6695
    @ryanandrews6695 Місяць тому +2

    why aren't you guys talking about how rsic is actually doing stuff? its not a meme coin at all

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      We have talked about RSIC, its a cool distribution mechanism. Definitely interesting.

  • @7eeroy
    @7eeroy Місяць тому +3

    Runes burning themselves lol likely due to using Counterparty OP_RETURN, that can't happen on SRC20 protocol since it's an unprunable version of that tech. May aswell just trade BRC20's boys no need to pay high gas for runes if they can get thanos snapped / burn themselves lol

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      hard to imagine miners getting pruning this though with all the money they made from it.

  • @ivanxjovic5588
    @ivanxjovic5588 Місяць тому +2

    i repeat brc20 2.0 :)

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      That seems to be the next big thing, maybe.

  • @tamgid1
    @tamgid1 Місяць тому +1

    Focus bitmaps is the 🐐

  • @DakBic25
    @DakBic25 Місяць тому

    Awesome Alpha

  • @AsadAli-kk2ig
    @AsadAli-kk2ig Місяць тому +1

    I'm still very much bullish for Runes...

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      It definitely has potential. But definitely over hyped.

    • @AsadAli-kk2ig
      @AsadAli-kk2ig Місяць тому

      ​@@TheBlockRunnerAbsolutely 💯 correct

  • @Bullish21
    @Bullish21 Місяць тому +1

    It's been 2 days...

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      3 days, and its about our reactions thus far because we're aware its been 3 days.

  • @vinchino
    @vinchino Місяць тому +3

    These guys are rune haters. All meme has no value, ordi and sats shouldn't be 1 billion usd marketcap. But if you're talking about fungible tokens protocol, runes is by far more superior than the clunky json protocol

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      Rune haters? What is there to hate? It’s deploy mint and transfer. Not much to hate here. Runes is practically the same as a JSON protocol. You still need an indexer and you still need to split your mints. What is different other than its location on Bitcoin?

  • @michaelgoikhberg3107
    @michaelgoikhberg3107 Місяць тому +1

    JIBBLY FLOPPY DISK!! THATS IT! That's where I will park my 401k.

  • @AXC516
    @AXC516 Місяць тому +1

    If you listen to Casey, he literally couldn’t care less, and has already moved on even before the halving. If he’s trying to make money he is doing it wrong. He just wants to build bro.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      The point is if you’re going to build, you’re going to build something people use. Runes must turn into something more than just memes.

  • @ebolaso5509
    @ebolaso5509 Місяць тому +1

    I think atomicals is the goat

  • @Raphiti69
    @Raphiti69 Місяць тому +1

    Why u fudding our bags homies :(

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      We fud nothing, we only talk about what we're seeing.

  • @evangelista279
    @evangelista279 Місяць тому +1

    When I saw PRE MINT I said it is shit

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      Pre-mints are not all bad. You can use this constructively or destructively.

  • @GR3YHOODCrypto
    @GR3YHOODCrypto Місяць тому +1

    There's a reason why Runes was never mentioned by Binance on twitter and they recently tweeted about Bitcoin Stamps instead. The immutability of SRC20 is important for the ecosystem. Don't fade $STAMP

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +2

      hard to think that ordinals or runes will get pruned by miners that made so much money when it launched though.

    • @GR3YHOODCrypto
      @GR3YHOODCrypto Місяць тому

      @@TheBlockRunner never say never in crypto. Better to be safe than sorry 🤷

  • @BrandonKistler7
    @BrandonKistler7 Місяць тому +1

    I think you are overeating about runes. Just because its memes now doesn't mean it will only be memes in the future and if it does swallow the btc space then anyone with these relics of the past will benefit greatly.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      This is very true. We’re only reacting to what has happened, runes has as much potential as any other fungible protocol. It’s going to depend if Casey expands to add other functionality.

    • @BrandonKistler7
      @BrandonKistler7 Місяць тому

      @TheBlockRunner why just Casey? Any builder can decide to push forward innovation on runes. I just think you may be missing the script a bit here. You just interviewed the sovereign guys, you should understand how bullish runes is.

  • @makklawrence2243
    @makklawrence2243 Місяць тому +1

    I thought you were looking at this under the hood, but you didn’t know until we knew? Isn’t it way easier to use the data is way cleaner easier to access etc? What did you guys think it was going to be? I know you said this is what you thought it would be, but before this I had sense you were both very excited and it would revolutionize BTC? I think I totally misinterpreted your perspective or it was not clear. It’s interesting because we can DOR but you guys are deep in this so thought when hou intereviewed a few people about it that this was going to change everything. I’m am not worried about it I own what my investment was BUT ai think people listen to you guys because you are on the inside and you know the tech. Listen to you videos before this happened, I like you guys and think you try to get it right and we all get caught in thee hype but I think you need to go back and really listen to your pre runes shows. It’s a learning opportunity really. Keep working hard. Maybe Runes will surprise us. I thought attaching data to Bitcoin was the highlight and Runes were the smart contract because you have the data. Interested to hear what you have to say as this plays out. Thanks

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      Yes. Misinterpretation. We were mimicking the sentiment that runes would change our reality to show how crazy people got with it.

  • @CryptoMischief
    @CryptoMischief Місяць тому +1

    Love that this title is also clickbait 😂😂

  • @chrisgrasso76
    @chrisgrasso76 Місяць тому +1

    Dog drop happen yet?

    • @kometairie1578
      @kometairie1578 Місяць тому +1

      Not yet, yesterday was the snapshot and different new projects announces new airdrops for Runestone holders

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      nope, but snapshot taken.

  • @diamondirty4744
    @diamondirty4744 Місяць тому +1

    Since when did honest assessment mean you're a "hater" or "fading it"
    most that assume this was your intent, simply didnt listen to the video lol

  • @welphallrich2233
    @welphallrich2233 Місяць тому

    Bullish on Bitdogs

    • @welphallrich2233
      @welphallrich2233 Місяць тому

      @@RastafariNation I mean bitdog. The OXBT community takeover

  • @theacman135
    @theacman135 Місяць тому +1

    I purchased cryptozoology

  • @sossmar23
    @sossmar23 Місяць тому +2

    SRC20 is going to melt faces when people finally catch on. 🔥🥴

  • @KINGSHRED777
    @KINGSHRED777 Місяць тому +1

    Most of Runes are trash. But there will likely be some clear winners. Still way to early to tell.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      There are always winners, however if a meme wins, does it really matter?

  • @beachbum4625
    @beachbum4625 Місяць тому +1

    Thank you! You guys are saying what I was thinking. I thought I must have been missing something. Nothing is built on runes, only use case is memes at the moment. The hype was waaaay more than merited. I hope someone builds a useful functional protocol. I’ll hold my rune bags and hope for something positive.

  • @p.g.8788
    @p.g.8788 Місяць тому +2

    Glad I saw this coming and skipped. Hype was so immense, it reminded me too much of the nft launches on eth last bull run. At the same time, also the technique is not that much of an improvement like src20 is

  • @AngusGiorgi
    @AngusGiorgi Місяць тому +3

    Leonidas reminds me of the Bitconnect Guy except at least the Bitconnect guy stood on a stage using his real face.
    Leonidas spent months doing ALL CAPS tweets pumping his own bags, exactly as you said using “fair mints” bs. He’s a complete scumbag.
    At least Casey Rodamor uses his own name to back his ideas.
    Runes was completely gamed by Leonidas, not a fan of the SEC but he’s the exact type of scumbag they need to go after.

  • @evangelista279
    @evangelista279 Місяць тому +1

    BRC20 is the FUTURE of altcoins.
    Forget runes

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      Maybe it is, just depends on how many BRC-20s are in your bag.

  • @BitcoiNow
    @BitcoiNow Місяць тому +1

    I follow the channel and I like it, I learned a lot about Runes from you, but I found the content premature and biased.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      It’s might be premature, but every opinion is biased.

  • @workinprogresslabs
    @workinprogresslabs Місяць тому +1

    Midcurviest of midcurve takes 🤷🏻‍♂️

  • @artemiscrypto2791
    @artemiscrypto2791 Місяць тому +1

    You guys are literally trash talking yourselves. You guys sold us on runes. Don’t say the influencers… you’re part of this

    • @evangelista279
      @evangelista279 Місяць тому

      No sense

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      We spoke about Runes and we never tell anyone what to do. We are here to show what is happening and our takes on stuff.

    • @artemiscrypto2791
      @artemiscrypto2791 Місяць тому

      @@TheBlockRunner you’re still acting like you guys didn’t influence anyone. Just own it, “we were wrong” instead of all the bashing. Don’t lose your credibility

  • @evangelista279
    @evangelista279 Місяць тому +1

    Runes Protocol is NOT fair mint. Pre mint. non mintable option. Rigged protocolo. Airdrop for group.
    BRC20 is fair mint. Not pre mint. Mint by mint.
    SEC will do with casey cuz of runes same with creator of uniswap.
    BE CAREFUL wait more to invest.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      Always be careful with any investment. But Runes can be used how ever the deployer wants, for good or for bad.

  • @vincevince7086
    @vincevince7086 Місяць тому +1

    crypto getting soo so boring ..same same same copy cats ,very exited for the crown mint non the less!

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      The crown mint is coming! Just got mine without a hitch.

  • @benjamin0987
    @benjamin0987 Місяць тому

    Lol

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      Thanks for the engagement! Really helps the algo. Much love!

  • @ebolaso5509
    @ebolaso5509 Місяць тому +2

    Runes scam

  • @BodhiTreeCIO
    @BodhiTreeCIO Місяць тому +1

    I am 49. Nobody knows about Runes when I ask them, even younger folk. Tidal wave of money coming.

    • @hectolandia
      @hectolandia Місяць тому

      very different from the atomicals protocol, the seriousness of the project is ingenious, the tokens are backed by satoshis and the indexers are free for anyone to develop games, social networks, and soon they will launch the AVM smart contracts all on the btc network

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      Theres no way any normies have heard of runes. If they have, that marks the market top.

    • @BodhiTreeCIO
      @BodhiTreeCIO Місяць тому

      @@TheBlockRunner I am lucky. I run a financial services cryptocurrency firm and see everything. I invest with the Pros, and even at the “institutional” level, fundraising has been tough. So way more to go…

  • @strangethingshappen
    @strangethingshappen Місяць тому +17

    lol runes biggest scam ever... all insiders...

    • @Sarcasm_BTC
      @Sarcasm_BTC Місяць тому +5

      And how about for the runes that have an open mint with no pre-mine? How about the runes that are airdropped to holders of an Ordinal like dog? Doesnt seem like insiders to me, strange take

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому

      vaporware enjoyers perhaps.

    • @Sarcasm_BTC
      @Sarcasm_BTC Місяць тому

      @@TheBlockRunner you guys are right that it didnt live up to the hype but selling rsic runes day 1 was a nice 10k for doing nothing. 8000+ runes 3 days in is ridiculous. Thanks for the video.

    • @hectolandia
      @hectolandia Місяць тому

      very different from the atomicals protocol, the seriousness of the project is ingenious, the tokens are backed by satoshis and the indexers are free for anyone to develop games, social networks, and soon they will launch the AVM smart contracts all on the btc network

    • @googLi-mm1id
      @googLi-mm1id Місяць тому +2

      ​@@Sarcasm_BTC You clearly doesn't understand. It's call free mint with zero premine. But only selected few with insiders pump and dumps next day to zero😂 Brc-20 was way better still is.

  • @benjamin0987
    @benjamin0987 Місяць тому +1

    Cringe

  • @jwburrel
    @jwburrel Місяць тому

    Two clowns

  • @jayrok71
    @jayrok71 Місяць тому +1

    I don’t agree. The runes space is buzzing and still growing. You guys are acting like it was a dud and it’s over. I’m seeing and hearing the opposite.

    • @evangelista279
      @evangelista279 Місяць тому

      Runes Protocol is NOT fair mint. Pre mint. non mintable option. Rigged protocolo. Airdrop for group.
      BRC20 is fair mint. Not pre mint. Mint by mint.
      SEC will do with casey cuz of runes same with creator of uniswap.
      BE CAREFUL wait more to invest.

    • @TheBlockRunner
      @TheBlockRunner  Місяць тому +1

      This definitely doesn’t mean it’s over or anything. But it also doesn’t mean that this wasn’t overhyped.