There is a story in the crypto world that sounds like a slap in the face to all "get-rich-quick overnight" dreams.
Someone bought a nearly zeroed-out token (a popular meme token) for $27. Over time, their account shows a balance of $67 million. Sounds like a huge win, right?
But the reality is: they can't access it. Not a single cent can be withdrawn. The project developers simply added their wallet address to a blacklist with one action. The $67 million just sits there, like an intangible virtual wealth—you can see it, but can you really own it?
This case exposes the first layer of fear: if you don't control the smart contract code, what do you actually own? Rights are just an illusion.
But there's an even more hidden and common problem. Even if you control your wallet 100%, ensuring no one can hack you, how do you know that the "price" you see is actually real?
Imagine: the token price you're referencing has been manipulated? The liquidation price in the lending protocol you're involved in is wrong? Can we really trust the data shown on-chain? This is not paranoia—oracle manipulation, flash loan attacks, and other incidents have already happened.
So some smart participants are shifting their focus. They no longer obsess over the "myth of 100x coins," but instead turn their attention to the underlying infrastructure that builds trust in the industry—such as oracle networks that ensure on-chain data and prices are genuine.
Ownership is just the first line of defense. The authenticity of data is the ultimate fortress. That's why more and more people realize: in this market, information asymmetry and data manipulability can be even more deadly than blacklists.
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GasWhisperer
· 01-06 00:02
oracle manipulation hits different when you're staring at phantom millions ngl... price feeds are the real battlefield, not the bags
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SchrodingerWallet
· 01-05 22:40
$67 million invisible and intangible, this is the crypto world
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That wave of blacklisting, I was there, it was truly incredible. A developer's single word and the money was gone
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So, you think you actually have coins? You're just dreaming
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I remember the last time oracles were manipulated. Luckily, I didn't go all in
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Now I finally understand what true impermanence is. It's terrifying
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I stopped believing in hundredfold coins a long time ago. Now I think the underlying infrastructure is more reliable
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Turning 27 into 67 million and not being able to withdraw a single cent? If it were me, I would have gone crazy long ago
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Data authenticity > ownership. I admit this logic
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Those flash loan manipulations really made my scalp tingle. No one can prevent it
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The phrase "power is an illusion" hit hard. I need to think carefully about whether my coins really belong to me
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StableGenius
· 01-04 09:54
nah this $67m phantom wealth thing actually proves what i've been saying for years—you own the address, not the asset. empirically speaking, the real danger isn't even the blacklist, it's that you're staring at prices nobody can verify. oracles got manipulated, flashloans exist, and half these "real" prices are just... theater. as predicted
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Degen4Breakfast
· 01-03 12:54
$67 million but can't be withdrawn, isn't this just the usual operation in the crypto world?
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The moment the blacklist is added, the mentality collapses. Who can stand that?
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There are many cases of price manipulation, and it's impossible to guard against all of them.
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Honestly, the authenticity of on-chain data is the key; all the hype about hundreds of times coins is just cloud talk.
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Oracles have indeed been played out several times; be cautious.
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The dream of getting rich overnight can be shattered very quickly, haha.
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Ownership is just an illusion—this statement hits hard.
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Manipulating prices, flash loans, all kinds of tricks, everyone.
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The underlying infrastructure is what truly matters; otherwise, it's all just paper wealth.
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$27 turning into $67 million and then back to zero—this story is too surreal.
View OriginalReply0
BearMarketSurvivor
· 01-03 12:53
70 million visible but intangible, this is the crypto world
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The blacklist move is brilliant, directly crushing your dreams
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So, you think you have coins but actually have nothing
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Oracle manipulation, flash loans... I've seen these tricks before
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Still chasing 100x coins? You probably haven't been taught enough yet
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Data authenticity? Laughable, what's real in this market anyway
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27 dollars turning into 67 million and not a single cent can be withdrawn, it's so ironic I don't even want to comment
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Smart people have already seen through it, the underlying infrastructure is the real way out
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Controlling wallets doesn't work either; the price itself is fake, hopeless
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Information asymmetry is even worse than being blacklisted, there's no fault in that statement
View OriginalReply0
GasGrillMaster
· 01-03 12:53
70 million dormant accounts can't be touched, how frustrating that must be...
That's why I trust those get-rich-quick schemes less and less.
Oracles are the real game-changer; authentic data is more important than anything else.
Blacklist, price manipulation—these are the horror stories of the crypto world.
I've always said, control is just superficial; on-chain data is the real key.
From 27 dollars to 67 million, then everything was gone—what a savage irony.
I'm more afraid of being exploited than getting rich; data manipulation is truly hard to defend against.
Information warfare is the real deadly game in the crypto world.
View OriginalReply0
ServantOfSatoshi
· 01-03 12:52
$67 million can't be moved, this is the real horror story.
Speaking of which, oracle systems should have been prioritized long ago; the tricks like flash loans are hard to defend against.
The blacklist is just superficial; data credibility is the key to survival.
View OriginalReply0
PaperHandSister
· 01-03 12:43
$67 million invisible and intangible, isn't this just the daily life in the crypto world...
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Smart contract blacklists are instantly confiscated, no wonder everyone is playing with oracles now
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Basically, you think you have money, but in reality, you have nothing
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Prices can be faked themselves, this game is really exhausting to play
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After hearing this story, I am even more determined not to buy those small-cap coins, really
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So now smart people are focusing on the oracle ecosystem, finally understanding
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Blacklists, price manipulation... one trap after another, this is how the crypto world is
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Just listen to the story of 100x coins, wake up everyone
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Data authenticity is more important than anything else, this is the foundation for the crypto world to survive
View OriginalReply0
JustHereForAirdrops
· 01-03 12:43
$67 million can't be seen, isn't this just a funny scam?
The blacklist trick is really clever; if the project team says you're violating rules, then you're violating rules. No matter how many zeros are in your wallet, it's all worthless.
I've long lost confidence in the flash loan schemes; data falsification can't be effectively prevented at all.
Now I understand, the real money makers are in oracles and infrastructure. The dream of a hundredfold coin should wake up.
Information asymmetry is even more ruthless than being blacklisted; if you're not careful, you'll lose everything.
So ultimately, you think you own something, but in reality, you own nothing.
View OriginalReply0
MEVictim
· 01-03 12:26
$67 million is intangible and invisible—that's the most heartbreaking part of the crypto world.
This story makes me nervous. If I get blacklisted, will everything be gone? Then what's the point of my private key?
If oracles can be manipulated, are we really playing with coins or just gambling?
The biggest fear isn't being hacked, but not being able to see where the bottom line of this game is.
So now, who still trusts centralized quotes? Anything you can't calculate yourself is a trap.
There is a story in the crypto world that sounds like a slap in the face to all "get-rich-quick overnight" dreams.
Someone bought a nearly zeroed-out token (a popular meme token) for $27. Over time, their account shows a balance of $67 million. Sounds like a huge win, right?
But the reality is: they can't access it. Not a single cent can be withdrawn. The project developers simply added their wallet address to a blacklist with one action. The $67 million just sits there, like an intangible virtual wealth—you can see it, but can you really own it?
This case exposes the first layer of fear: if you don't control the smart contract code, what do you actually own? Rights are just an illusion.
But there's an even more hidden and common problem. Even if you control your wallet 100%, ensuring no one can hack you, how do you know that the "price" you see is actually real?
Imagine: the token price you're referencing has been manipulated? The liquidation price in the lending protocol you're involved in is wrong? Can we really trust the data shown on-chain? This is not paranoia—oracle manipulation, flash loan attacks, and other incidents have already happened.
So some smart participants are shifting their focus. They no longer obsess over the "myth of 100x coins," but instead turn their attention to the underlying infrastructure that builds trust in the industry—such as oracle networks that ensure on-chain data and prices are genuine.
Ownership is just the first line of defense. The authenticity of data is the ultimate fortress. That's why more and more people realize: in this market, information asymmetry and data manipulability can be even more deadly than blacklists.