[BidClub_]
Thread Guy · · 62 分钟

Sneaker Twitter 秘史——Nick Bruhman

Thread GuyNick Bruhman

AI与软件技术企业经营
YouTube ↗
TL;DR
  • Sneaker Twitter 与其说是时尚亚文化,不如说是自动化套利的实时实验室。 一群青少年把实时监控、OCR、代理、养熟的 Gmail 账号、服务器和结账机器人组合起来,抢出1–2秒优势——有时足以赚到5,000美元。Thread Guy 的框架是:“我们一直都有 agents”;只是这些工具让生活“纯粹为了钱,变得更赚钱”。

  • 最赚钱的产品往往是自动化工具本身,而不是它买到的球鞋或收藏品。 零售价约300美元的机器人可以转手卖到5,000–6,000美元;Cyber 达到10,000美元,Dragon 达到30,000美元,而 Thread Guy 的 PokeMarket 会员据称曾以1,000美元转售。成功截图成为“第一份损益表”,把软件密钥变成了投机资产。

  • 围绕每一层人为制造的稀缺性,一套完整经济体随之形成。 操盘者买库存、出租机器人“席位”、销售代理和 Gmail 账号、运营付费群、提供情报、交易机器人许可,还会出租反机器人绕过服务,每次发售收费最高50,000美元——最终买家再为 Travis Scotts 支付2,000美元。最令人震撼的是,“有人在这套系统的每一层都赚到了钱”。

  • Thread Guy 一再把同一套供需套利打法复制到相邻市场。 疫情时期的 Pokémon 短缺催生了 PokeMarket;Omnis 瞄准收藏品和显卡;接近100美元买入的便携式泳池,据称可以按数倍甚至数千美元转售。他的核心经验是:发现市场低效、将其自动化、提前兑现可得利润,只需要“一个人”。

  • 这场军备竞赛筛选出了极致追求速度、自主性和技术进攻性的参与者,但也带来了真实的人力代价。 Nick Bruhman 解释称,开发者会在发售前几分钟才上线绕过方案,因为安全工程师会用同样的机器人进行逆向;一次失败的发布,就可能在一夜之间摧毁产品声誉。他称其为“有史以来最残酷的市场”,并回忆自己同时经营6个大学时期的生意、长期承压并陷入抑郁。

  • 周期的终结主要源于流动性和稀缺性消失,而不是反机器人技术最终取胜。 Thread Guy 说“总会有办法绕过去”,并称“真正杀死它的是钱没了”;Bruhman 则分别指出,疫情后过剩的资金、贪婪、泛滥的发售和流动性下滑共同导致了市场崩塌。参与者随后转向加密货币和 NFT。

  • 真正留下来的资产,是那批异常高效的操盘者,他们后来迁移到了创业、加密货币、直播和基础设施领域。 Thread Guy 称 Sneaker Twitter 造就了多名年轻亿万富翁、众多身家达到9位数的人,以及拥有8位数中段或9位数资本的机器人创始人。如今 Bruhman 在 Slash 延续这套文化,团队约一半来自那个世界。他的工作原则仍然是:“在 Sneaker Twitter,我不和任何人商量。我直接做,因为如果我不做——我就会输。”

摘要 · 为研究而整理的核心内容

1. 一篇两小时写成的文章重新打开了一段被遗忘的经济史

  • Bruhman 写下这篇爆红的历史文章,是因为有人发帖称“普通人比 Sneaker Twitter 落后5–10年”,并把今天的 agents 与这个社区早年的自动化工具相提并论。没人接受他的写作邀请,于是他认定这会是“一篇保证获得百万阅读的文章”,随后用两小时疯狂写完。

  • 录制时,这篇文章的阅读量已经超过400,000次,但 Thread Guy 立刻调侃说 Bruhman 把总数夸大了60%。这次反响之所以重要,是因为曾经的参与者重新出现、分享记忆,让一个本被认为已经死亡的网络短暂重新显形。

  • Thread Guy 最早的路径始于2015–16年左右的球鞋社区工具和付费群,随后在2019年热潮中转向球卡转售社区。他上大学时只有50美元,在 Card Brokers 获得了一个月免费会员,并见证了一个“所有东西都只是在上涨”的反身性市场——这为后来 NFT 市场的运行机制提供了早期预演。

2. Bruhman 先学会了套利,后来才学会球鞋

  • Bruhman 的第一个二级市场是2014–15年左右的 Roblox,当时他只有12或13岁。他从用户手中买入虚拟物品,再通过一个值得信赖的网站以50–100%的加价转售;买家愿意多付钱来避免被骗,于是他可以接近市场价买入,有时当天就以150%的价格卖出。

  • 因为年纪太小,无法开设银行账户,他先后使用了大约20个 PayPal 账号,直到每个账号都被冻结。加密货币解决了商户面临的拒付问题,也把他带入投机性代币;他曾宣传 Tatcoin 是“未来”,后来承认“它不是未来”,但仍把几千美元变成了大约10,000美元。

  • 通过一位来自 Pac-Man 社区的线上联系人接触到 Sneaker Twitter 后,Bruhman 发现自己“是最差的转售商”,但在抢购稀缺的机器人发售上异常擅长。他曾是 Overwatch 全球前500名玩家,也精通 Fortnite,因此能够凭反应速度击败数千名买家,并买入零售价接近300美元、却能立刻以5,000–6,000美元交易的软件。

3. 毫秒级速度变成了可以变现的信息优势

  • Bruhman 的第一个群组 Bot Cookers 聚集了一批朋友,在 Discord 上参与发售。直接访问 API 后,他们能比 TweetDeck 早约800毫秒看到推文;自动打开链接的工具会启动购买页面,OCR 则从图片中提取密码并复制到剪贴板。

  • 整套技术栈或许只能比手动买家快1–2秒,但这足以决定一个5,000美元的结果。Bruhman 读十年级或十一年级时,Bot Cookers 每月带来约3,000美元收入——他说这“已经很有钱”,但仍远不及最强开发者的收入。

  • Bruhman 把发布成功结果称为自己的“第一份损益表”:操盘者隐藏方法,却展示库存;旁观者追问他们如何做到,成功用户则验证软件有效,截图最终成为付费群的营销素材,也推动机器人许可价格不断上升。

4. Pokémon 证明了这套打法可以跨品类复制

  • 疫情开始前后,Thread Guy 看到 Reddit 上的 Pokémon 收藏者抱怨转售商正在扫空库存,而中国供应又受到限制。他把这些愤怒视为供需失衡的证据,于是为包括 Target 和 Walmart 在内的批发商与零售商搭建监控工具,并在 Sneaker Twitter 普遍意识到机会之前推出了 PokeMarket。

  • 早期库存可能持续开放5分钟,会员可以手动购买,每件赚取数百美元。PokeMarket 变得极其抢手,据称可续期的会员资格能以1,000美元转售,这让 Thread Guy 相信自己已经拥有足够的行业信誉,可以持续推出新产品。

  • 随后他推出 Omnis,被描述为早期的收藏品机器人,目标覆盖 Pokémon 网站、Best Buy、Target 及其他零售商。在一次显卡发售中,一个花费几百,000美元买来的反机器人绕过方案,据称在排队开始不到5秒前就抢走了全部库存;这次曝光还帮助该机器人本身以6,000–7,000美元交易。

  • 一次日本 Pokémon Center 周年发售展示了这类操作的市场影响:Thread Guy 称其团队抢走了90–95%的商品,之后卖家把先到先得改成抽签。抽签机器人随后也出现了——这证明了他所谓的“实际上从来没有真正解决过问题”。

5. 稀缺性的每一层都变成了一门生意

  • Bruhman 梳理了这套产业链:自有资金操盘者、出租机器人席位、开发者、代理销售商、密钥转售商、机器人出租者、付费群运营者、信息提供者,以及利用群组情报参与发售的客户。最下游是支付约2,000美元购买 Travis Scotts 的消费者;在此之前,几乎每个参与者都在将不同的约束条件货币化。

  • Bruhman 估计,真正强大的机器人约有100个,整体数量则有几百个。三线开发者可以实现自动结账,却无法应对 Akamai 式的防护;一线开发者会自行逆向防御系统,再把绕过方案出租给其他机器人团队,每次发售最高收费50,000美元。

  • 最好的开发者既是竞争者,也是合作伙伴:他们维护共享聊天群,同时把自己内部使用的突破方案授权给别人。Thread Guy 称,一些头部付费群的年收入达到约500万美元,而单个机器人或相关业务则能创造数百万美元收入,并拥有异常高的利润率。

  • Thread Guy 后来的业务之一 Malice,以极快速度达到约240万美元的年化收入,其中约95%被描述为利润。人工成本很低,因为参与者往往只有15–17岁,在家打游戏,同时乐于赚几百美元;Nick 说自己每月拿到约200美元,而不是主持人记忆中的50美元。

6. 机器人战争把创新压缩到了发售前最后几分钟

  • 安全工程师使用同样的机器人来识别漏洞,因此开发者会把更新一直隐藏到发售前几分钟。Shopify 或其他商户可能立即修补漏洞;于是开发者往往在发售前5分钟出现,要求大家“更新,更新,更新”,有时直到上线前2分钟才交付决定性代码。

  • Bruhman 的核心观点是,拥有最好的机器人仍然不够。一个真正的操盘者还需要最好的代理、延迟最低的服务器、养熟的 Gmail 账号、5个互相竞争的机器人,以及足够的资本来运行数千个任务,因为在结账前几秒,没人知道究竟哪个产品拥有有效的绕过方案。

  • 零售商也在进行策略性反击。Bruhman 说,一场宣布于美东时间11:00发售的 Off-White 可能会等到11:15才上线,让安全团队逆向分析并禁用当前机器人,之后再把延迟解释为普通技术问题;而开发者若能在实时发售期间完成更新,就会立即获得声誉和二级市场价值。

  • 节奏极其残酷:有意义的发售几乎每隔一天就会出现,错过一次就可能摧毁单站机器人刚建立起来的热度。Bruhman 将企业级协同与“一个人对抗一支1,000人的团队”相对比;他大学期间同时经营6家公司,却无法安全地授权他人处理,称许多开发者最终陷入抑郁。

7. Cyber 把软件许可变成了投机性证券

  • Bruhman 暂时将 Cyber 的出现定位在2017–18年左右,这标志着一个时代切换。Lucas 让它在多个网站保持强劲表现,同时进行严格的品牌运营和持续更新;一把约300美元的零售密钥据称从二级市场的几百美元,在一周内涨到5,000美元,随后即使市场上存在数千把密钥,价格仍一度冲到接近10,000美元。

  • Bruhman 认为,开发者通过向顶级“cooks”免费发放密钥来制造需求;这些人的大额购买截图又反过来推广产品。随后他可以一次放出100把新密钥,每把售价500美元,在10秒内售罄,并围绕频繁发售反复进行——软件本身的稀缺性开始对下方库存稀缺性进行二次变现。

  • Dragon 把投机推向更高阶段,每把密钥达到约30,000美元。照片显示,一些操盘者拥有5,000或10,000双鞋,以及堆满库存的仓库;Bruhman 说,中国买家把机器人当成股票,持续积累许可,等待下一张惊人的成功截图出现,再据此重新定价。

  • 这也是顶峰。Dragon 之后,底层购买行为越来越像是在囤“砖头”,而 Cyber 密钥后来跌回几百美元。Bruhman 仍然认为 Cyber 是一款优秀且持续开发的机器人。他说 Sean 至少赚到了8位数中段的财富,似乎将这一结果归因于 Cyber,但这段对话并未完全说清楚。

8. 稀缺性过剩先摧毁了信任,流动性最终才击穿市场

  • 疫情时期的泳池是最纯粹的非球鞋案例:一个基础款100美元后院泳池,可以按原价的10倍转售,某些说法甚至达到几千美元。操盘者清空大型零售商和家庭用品店的库存,动员朋友继续购买,收到的货量之大,以至于 Thread Guy 回忆,买家购买350件时几乎需要拥有自己的 UPS 卡车。

  • 内部人士进一步放大了优势。Bruhman 说,付费群可以从零售员工那里拿到即将到来的配货数据;Thread Guy 则将时薪15美元的员工、时薪40美元的经理,与接近100,000美元的报价进行对比。这个社区真正擅长的,是在任何地方寻找“后门”,用金钱击穿正式规则。

  • 伦理代价是真实存在的。Pokémon 收藏者把 Thread Guy 称为“过度扫货之王”,并向他发出死亡威胁,这让他一直使用化名,直到加入 Slash。他为自己辩护称,自己只是利用了一种营销手段;Bruhman 也承认,Sneaker Twitter 确实可能让普通消费者更难买到商品。

  • 他们还讨论了几次臭名昭著的信任崩塌:一场据称有约12,000双鞋的 Trophy Room 发售,因为 Benjamin Kicks 展示了约800双而受到质疑;Nike 一名高管的儿子也据称拿到了泄露的商品,该高管在这层关系曝光后被解雇。更广泛的结论是,供给过剩、贪婪和毫不掩饰的后门交易,把价格推到了整个生态无法承受的水平。

9. 钱离场了,但这套运营文化迁移了

  • Thread Guy 不认为反机器人技术是真正杀死这个社区的原因:“不存在完美的反机器人系统”,因为总会有另一个端点,或几秒钟的结账优化空间。他的判断是,“真正杀死它的是钱没了”;Bruhman 则分别指出,疫情后的过剩资金、贪婪、泛滥的发售和流动性下滑共同终结了市场。参与者随后转向加密货币和 NFT。

  • 当被问及 Nike 股价为何下跌约85%时,Bruhman 将原因归于公司与年轻买家之间的脱节。Nike 让 Hoka 和其他品牌建立了相关性,而高管只能通过自己熟悉的世代来理解市场;他的更广泛判断是,当一家老牌公司内部没有人站在一线、真正理解新客户如何行动时,它就会输掉竞争。

  • Thread Guy 称,有2或3名参与者在20岁出头成为亿万富翁,约12人至少积累了100,000,000美元,还有大量机器人开发者在这个时代结束时带着8位数中段或9位数资本离场。那一代人后来分散到加密货币、NFT、直播、创业公司、Palantir、Stripe、Browserbase 和其他企业。

  • 如今 Bruhman 在 Slash 延续这套文化。他说,Slash 的年收入从几乎没有增长到接近超过500,000美元,团队约一半来自 Sneaker Twitter。这里的卖点不仅是财务回报,更是一种文化:没有路线图也能工作,主动采取行动,并把“教科书式聪明”“街头智慧”和“球鞋智慧”结合起来,去攻克银行业的低效。

完整逐字稿
Thread Guy

Nick Bruhman, how are you, dude? How are you doing? Nice to see you.

Nick Bruhman

Dude, it’s mutual. You are incredibly viral right now. How does it feel?

Thread Guy

Bro, this is just incredible. I love popularity.

Nick Bruhman

No, that’s madness. This is real madness. I think, as we speak, the number of views has exceeded 400,000, which is unreal. Four hundred thousand article views. Why did you write it?

Thread Guy

Honestly, it’s just a hobby: writing about things that interest me or certain achievements, like on Sneaker Twitter. There were a few tweets that went viral even before this, mentioning “Sneaker Twitter,” and people were discussing how “Instant” had come out and attracted a valuation of $2.5 billion.

Everyone started talking, and someone retweeted it with the words, “Agents automate everything.” I saw it. This was tweeted by Signal, and Michael Notify [?] cited it.

Nick Bruhman

Yes, it wasn’t even Michael at first. Maybe Michael was first. He retweeted a quote or screenshot of a tweet from “18 Percent Kid.” Essentially, he was saying that the average person is 5–10 years behind Sneaker Twitter.

Thread Guy

That was the most apt example because we have always had agents. There just weren’t agents before that made life easier. They were more about making life much more profitable, purely for the sake of money.

I think it got 100,000 or 200,000 views, and everyone started saying, “This algorithm is bringing Sneaker Twitter back.” So it was obvious that someone had to write an article about it.

Of course, I didn’t have much time, so I told a bunch of people to write it. No one took it up, and I thought, “Okay, this is a guaranteed million views. Let’s do this.” So for 2 hours, I just wrote feverishly. Very typical of an iceberg, of course. I didn’t have much time. I published it, and here we are.

Nick Bruhman

You slightly exaggerated the number of views by 60%, but okay. I want to introduce you and present you as I understand you. I know a little bit about your story, but not that much.

Thread Guy

I consider myself a true old-school Sneaker Twitter fan. I was just a complete loser. I got into the sneaker community on Twitter sometime around 2015 or 2016. It’s not that early, but I just loved Twitter. It was the same thing you had with crypto in the beginning. I thought Twitter was a lot of fun, so I just hung around there.

This was exclusively my job. I rented a copy of the Dash bot or something. I had See U Preme [?], AIO was still awaited, and I had AIOmoji [?]. I don’t know what happened to those guys. It seems they have become Kryptonians.

But I was a very big loser, just hanging there. I liked it. I was in several groups. Then I got really hooked on cards. This was when Zenyum [?] made Card Brokers [?], and I joined. I still remember it.

There was a guy at Card Brokers around 2019, when things started to get hot. There was a Steed [?] there whom I didn’t really like in the end, but I wrote him a direct message on Twitter. He was the co-founder of Card Brokers.

I was in college, my freshman year. I wrote to him, “Yo, do you think $50 would be enough to start reselling cards? I’m going to buy a copy of Card Brokers, but I don’t have the money.”

He said, “You know what? To hell with it. Here’s a free month’s subscription for you.” I was like, “Oh my God, they’re going to get it.” So he gave me a free month.

I joined Card Brokers, and that was my first experience seeing this reflexive bubble market. I didn’t really understand what was going on, but it was like throwing darts with my eyes closed. Everything was just going up.

I was watching these providers at Card Brokers, and I thought, “Dude, these guys are idiots. I can do the same thing they do.” So I started doing my own TikTok reviews. Some of them went viral. I started working as a vendor. I didn’t know what I was doing in a couple of groups.

Card Brokers was the biggest, as far as I remember, and Poke Market [?] was huge. You guys were huge. At some point, I wrote to you, or you wrote to me, and I had 10% traffic. You wrote to me that you had started doing Pokémon too, maybe half a year after that, right around the same heyday.

I kind of stopped following it after Top Shot. You were a legend on Sneaker Twitter. Pokémon was incredibly popular. I want to ask how much you were making, but I don’t know if you’ll tell me.

Then I remember you left to start Malice [?], right? Things got a little quiet with the cards. You started Malice. I was totally focused on NFT Top Shot, and then I remember there were groups like Split the Difference or Hidden Society that were doing a little bit of that too—Yaz and the guys.

Then I kind of stopped following Sneaker Twitter. You had a cult period on Sneaker Twitter. I don’t know; tell me from your side how you started.

Nick Bruhman

Yeah, yeah. I’ll start at the beginning. When I was at Roblox, I actually started reselling Roblox items on the secondary market.

Thread Guy

What year?

Nick Bruhman

It was 12 years ago, so 2014 or 2015. That was my first step into a kind of internet-entrepreneurial journey. I would buy items from other people and resell them, making 50–100% profit, because I was selling on a trusted site where people were willing to pay extra just to not throw them away.

I took advantage of that niche and bought from people at any price, even 100% of the market value, then resold the items for 150% the same day. It’s funny because I was so young. I was only 12 or 13, so I couldn’t have a bank account.

I changed 20 different PayPal accounts because they would let you hold a certain amount of money before freezing them. I was constantly creating new ones to keep making money.

That’s when crypto started to skyrocket. Bitcoin, Ethereum, and all these merchants on Roblox were using them as a new payment method because there were no chargebacks.

Thread Guy

You could get a refund through PayPal. Man, these damn chargebacks were absurd.

Nick Bruhman

Yeah. Crypto came along and solved that problem: “Listen, I’ll send you crypto, and you can’t get a refund because you already got the product.” A lot of these people were getting refunds because it was an industry full of scammers.

That’s how I learned about crypto and became a kind of shitcoin influencer, sincerely believing that these coins were the future. There was this coin called Tatcoin [?], and I remember making a video on YouTube where I said, “Look, this is the future. This is what it does, and it provides passive income.”

It wasn’t the future, and it completely failed. But I managed to take the few thousand dollars I made on Roblox and turn it into $10,000. I thought I was going to turn it into a Lamborghini, but it didn’t happen.

Then this guy from the Pac-Man community—his name is Rad Rad Rad Rad [?], which is his Twitter handle—introduced me to the sneakerhead community on Twitter. He got me there, and I owe a lot to him for that.

He got me into my first group. I forget what it was called, but it was a very niche thing. That’s how I learned about Sneaker Twitter and how you could make money just reselling random things like sneakers, collectibles, or whatever.

I also realized that I was terrible at reselling. I was the worst reseller who could ever have existed, and every drop I tried would end in complete failure. Plus, I was in school at the time, so it was really hard to juggle the two.

I realized that even though I was terrible at reselling, I was great at getting bots when they came out. For those who don’t know, bots were basically our version of agents in 2017 and 2018.

They were created by teenagers who had a ton of time to reverse-engineer the checkout process on a website, put it into their bot, and have it automatically buy within 1–3 seconds of the product going live, instead of someone doing it manually in 10–15 seconds.

So it completely outperformed manual labor. These bots were very rare. If everyone had a bot, they wouldn’t have any value. They might release 100 copies for 10,000 people hunting for them at the same time.

When they sold out, the retail price was $300, and they resold for $5,000 or $6,000. That was the best thing you could resell. Almost no sneakers or collectibles ever reached that markup—not even close.

I was actually in the top 500 in Overwatch, and I was blowing everyone away in Fortnite. I had a very fast reaction time. So when these bots came out, I always got them. I was always one of the lucky 100 out of 10,000 people who wanted them.

I would post successful results, and it got to the point where someone would ask, “How the hell do you do that?” Publishing the successes was my very first income statement. You publish the success, you don’t explain how you did it, and everyone around you just goes, “Yeah, of course.” Then everyone asks, “How the hell did you do that?”

So I created a group called Bot Cookers, which was the first group I ever ran. It was very simple—just me and my friends. We would sit in a Discord voice chat when the bot came out, and we would all “cook” the result because we had the advantage of a Twitter monitor and an automatic link opener.

Thread Guy

The original Twitter monitor.

Nick Bruhman

By the way, we were the ones who invented Twitter monitors.

Thread Guy

Yeah, that’s an interesting fact. The Twitter sneaker community invented Twitter monitors.

Nick Bruhman

Not even close.

Thread Guy

No, that’s true. The person who provided Twitter monitors until recently, until the API changed in X—that all went away from there.

Nick Bruhman

The advantage we had, even over people using TweetDeck—which was a faster version of Twitter back then—was direct access to the API. As soon as someone tweeted, it would instantly appear in the Discord channel.

Thread Guy

So you saw it 800 milliseconds before someone else on TweetDeck, and then your browser had an autolink opener that would recognize any link in the tweet and instantly open it for you. If, for example, the password was in an image, the OCR would recognize it and copy it to your clipboard without your intervention. You would just paste it in and place the order.

You were 1–2 seconds ahead of the average consumer, and that was enough to make $5,000. Well, that’s actually what Bot Quickers was, and we were only making $3,000 a month. I think I was in 10th or 11th grade. Pretty rich, but not as rich as the developers at the time.

Then PokeMarket came along, and that’s how it happened. PokeMarket came along in either 2020 or 2021. I think 2020—most likely in 2020, right around the time COVID started. Because Pokémon gets everything from China, we had a huge supply problem directly into the US. All the Pokémon merchandise was getting harder and harder to get, but nobody on Sneaker Twitter knew about it.

I was scrolling through Reddit and saw a post that was like, “All these collectors are reselling. They’re not fans of the hobby at all.” I thought, “Okay, there’s clearly a supply-and-demand problem here.” Knowing what I knew from the sneaker world, I decided to start the first Pokémon reselling group.

I set up monitors for tier-one, tier-two, and tier-three wholesalers. That was Target, Walmart, and so on—anyone who had the merchandise. Because I was one of the first, you could actually buy this Pokémon merchandise manually. It could be in stock within 5 minutes.

The whole group that I had back then could basically buy everything, and then they would resell it. Everybody was in the black. You probably made a few hundred dollars on each product. If someone was taking 100 pieces, you can do the math. That was great—really great money.

Then, of course, after I got PokeMarket, it exploded in popularity. People were reselling memberships for $1,000.

Nick Bruhman

That was crazy.

Thread Guy

No, it was a renewable membership that was being resold for $1,000 on the secondary market. When I saw that, I thought, “Okay, I have some clout in this industry now. Let me keep making money off of this.”

After PokeMarket, I created Omnis, the first collectibles bot group. Dallas came after Omnis. Dallas was a big group—the second-largest group. But Omnis came along, and we basically targeted Pokémon sites, Best Buy, Target, and all these random sites.

Graphics cards were very limited at the time. I forgot about the resale of graphics cards.

We were doing great with PokeMarket, but when Amnezia came along, we basically—I forget what graphics card dropped at Best Buy, but we had an antibot bypass that we got for a few hundred thousand dollars. When they released it, before the queue had even run for 5 seconds, the entire stock was sold out. It all went to Amnezia.

We had a bunch of news articles written about this bot. It was crazy. Because of that, the bot was reselling for $6,000 or $7,000 on Amnezia.

Nick Bruhman

Bot?

Thread Guy

Yeah, Amnesia AIO.

Nick Bruhman

Okay, I was just late. I was just gone by then.

Thread Guy

Yeah, yeah. You would be surprised.

Nick Bruhman

Interesting. So all the money was in the resale of keys?

Thread Guy

Yes, exactly. The Bot Bible actually exists too. I don’t know if you remember that, but I did it to help people buy and resell stuff, because that’s what I was good at.

It was another agent that I had: a customizable autofill and autopay extension. You would say, “If you see a checkout button, click it immediately, fill in the details, and move on,” because most people were using Shopify. It literally knew everything by heart. You just opened the link, and it did it for you in 2–3 seconds. You were ahead of everyone who was trying to do it manually.

It was kind of a side job at the time.

Nick Bruhman

Wow, “side job.” I haven’t heard that word in a while.

Thread Guy

Here’s another funny story about Omnis. Pokémon Center in Japan released a series of Evolutions for their 50th anniversary, and we took 90–95% of the items. They changed their sales system from first come, first served to a lottery.

Nick Bruhman

You see how this very small community of people who just found huge flaws in the markets they were working in actually changed these big public markets? A lot of people changed the way companies were producing products entirely through bots.

Thread Guy

Then Malice came along, and we were the fastest to reach, I think, $2.4 million in annual revenue. The best thing about this business is that you hear those numbers and think the costs must be huge. But no, 95% of that revenue is pure profit.

You paid me about $50 a month.

Nick Bruhman

I was getting—it was actually about $200. It was a little bit more. We were doing pretty well.

Thread Guy

But it was market value. It was crazy. It was market value, because everyone was 15 or 17 years old. Nobody was getting high; everyone was just playing games, right? So what do you do when you’re playing? You make a few posts, make a couple hundred bucks, and spend it on whatever you want.

Nick Bruhman

Yeah. Once they put it all in the lottery, that was it.

Thread Guy

No, because then lottery bots came along.

Nick Bruhman

Raffle bot? What is a raffle bot? A bot?

Thread Guy

No, a bot—Hyped Raffle Bot.

Nick Bruhman

Hyped Raffle Bot.

Thread Guy

Yeah, yeah. Nothing was ever really done. Even now, bots still exist. That’s why my article is still trending, because a lot of people say that people like us are killing the sneaker business. But that’s not really the case. On the contrary, we’ve made the market much more efficient.

The average person has to understand that if you’re in a market where there are these inefficiencies, it only takes one person to come in and easily understand, “Okay, here’s what I can significantly optimize,” and they’ll make money from it.

About Sneaker Twitter, people don’t understand one thing: they just found every market. There was the card era, the sneaker era, the Funko era, the art era, the ticket era, the pool era, and probably the console era.

The sneaker kids ruined NFTs in the beginning. Come on. They were the ones who got the most inventory during NFT drops, right? That’s because NFTs didn’t really have any bot protection. They were the easiest to bot.

By the way, another interesting fact: at the height of Sneaker Twitter, Shopify’s CTO was literally chatting with the community. It was crazy. Sneaker Twitter let him in too. It was weird, because nobody in Sneaker Twitter realized that it was affecting people at such a high level at a company with a capitalization of over $100 billion. But it happened.

Companies like Akamai and all these bot-protection services knew about Sneaker Twitter. They knew the developers with whom they constantly played cat and mouse. The craziest thing is that a team of 100 people trying to stop a bot was defeated by one teenager who lived on the internet.

Nick Bruhman

What’s also striking is the similarity with the crypto world. You think about ego, and this is where, in my opinion, your article was successful, because someone was getting rich at every level of this whole system.

There were people who ran bots with their own money. Then there were people who ran bots through slots. Then there were bot developers and proxy providers. Then there were those who resold bots, people who rented bots, people who managed groups, and people who provided information in those groups.

Then there were people who bought access to groups to use the information for their own drops. Finally, there was the end user who paid $2,000 for Travis Scott.

Thread Guy

Yeah, that’s right. It’s like there were 1,000 people creating all these products, but there were also a few hundred thousand people constantly trying to get the product during the hype era. Everybody wanted to wear Yeezy. Everybody wanted to wear Supreme. How do you get it without paying retail price? You bought it, right?

But then you had to figure out the whole industry: proxies, Gmail, AYCD. The old ones—what were they called? Used Gmail? I forgot about Gmail.

Nick Bruhman

Yeah, yeah. And then there was AYCD, which would warm up Google accounts so they looked normal at checkout and didn’t look suspicious. When you went through the CAPTCHA, it was a lot easier—just one click, instead of solving those nine squares where you had to look for traffic lights or something nearby.

Thread Guy

Yeah. He was in crypto for a while. I don’t know if he’s still there. At least, I haven’t seen him in a while.

You know what? Actually, the craziest thing is that the most famous people in crypto came from Sneaker Twitter. Like Cocker, right? EQ, like 404, for example.

Nick Bruhman

Was 404 a guy from Sneaker Twitter?

Thread Guy

He was on the AMNotify staff.

Nick Bruhman

Really? I didn’t know that. Do you think AMNotify was the most popular group?

Thread Guy

They were the biggest.

Nick Bruhman

What do you think their annual revenue was?

Thread Guy

I don’t think they were the biggest, actually. GF and NF were doing $5 million in annual revenue.

Nick Bruhman

But they were a little late, weren’t they? They were doing how much?

Thread Guy

Yeah, $5 million in annual revenue.

Nick Bruhman

Okay, $5 million.

Thread Guy

Yeah, yeah.

Nick Bruhman

So maybe AMNotify was doing that a few years ago. Was KSR a bot?

Thread Guy

They had KSR as a bot.

Nick Bruhman

How much did they make on that bot?

Thread Guy

A lot. Millions. But I think the craziest thing is that the CEO of AMNotify literally tweeted, expressing gratitude to GF, NF, and KSR. That was cool.

The CEO of AMNotify was literally selling antibot bypasses 6 years ago, and now he’s the youngest billionaire in the world. How crazy is that? The youngest billionaire in the world came out of Sneaker Twitter.

Nick Bruhman

Well, there you go. It’s crazy. Then there’s Jason from Wrath, who works at Slash, right?

Thread Guy

Yeah, yeah.

Nick Bruhman

Wrath was once a $10,000 dev team. Wrath was a $10,000 bot. Remember when someone de-anonymized Jason from Wrath because he was on his little brother’s football team? Remember that?

Thread Guy

Yeah. He was like 14.

Nick Bruhman

What do you mean, “he was 14”? He was selling bots for $10,000 when he was 14.

Thread Guy

Yeah, and then VICE made a video about him.

Nick Bruhman

Really?

Thread Guy

Yeah, they interviewed him. They said this 13- or 14-year-old kid was making $600,000 a year selling this automation bot. He’s incredible. He talked to the CTO of Shopify when he was 14.

How big was the team of developers that built the bot? Explain the ecosystem. How many developers were writing code for these bots, and how many bots were there at their peak?

Nick Bruhman

I think there were about 100 great bots at their peak.

Thread Guy

A hundred?

Nick Bruhman

Yeah. There were probably a few hundred in total, right? The problem was that there were tier-one, tier-two, and tier-three developers. The tier-three developer was the one who knew how to make the process fully automated on the backend but had no idea how to get around the anti-bot systems. If you had Akamai on the site, the bot would break, right?

But there were tier-one developers who could reverse-engineer the systems and actually do it themselves. They didn’t even buy the anti-bot bypass; they figured it out themselves. Then they rented it out to other bot developers.

A lot of people don’t realize that the best bot developers were constantly communicating with each other. They had a common chat.

Thread Guy

Seriously? Like Lucas and all those people?

Nick Bruhman

Yeah. They were kind of working together. They helped each other out enough to not get themselves in trouble, and they rented out the anti-bot bypass for $50,000 a drop.

That’s still a lot of money, because if you rent it out for 12 drops, you’ve made $1 million doing what? Selling the same thing you use for your own bot, which is already making hundreds of thousands of dollars, and now you have an extra million on top of that.

Thread Guy

Explain this, because I was a complete loser. I’m probably going to surprise you, but I’ve never used bots. I’ve bought manually my whole life. I’ve never had a bot.

I’ve also used garbage. I was running the damn AIO Emoji on Supreme. I accidentally bought a $1,000 Supreme jacket when I was training and couldn’t sell it. It really ruined my budget. It was serious. Classic.

Explain this, because they always showed up—I remember Lucas showing up 5 minutes before the drop and writing, “Update, update, update.” They released the update 2 minutes before the start. How did that work? Why did they release the update a couple of minutes before? How did the developers prepare for the drop? And explain this sale of workarounds between bot developers.

Nick Bruhman

If you have a workaround for a specific payment process, the last thing you want to do is implement it earlier than a few minutes before the drop. The security engineers of these payment systems literally used these same bots to figure out what was happening.

Thread Guy

They used bots?

Nick Bruhman

Yeah, they used bots to figure out exactly what vulnerability the bot was exploiting. They were releasing updates a minute before the start because Shopify security uses Cybers, and Cybers tries to bypass anti-cyber protection.

Thread Guy

That’s right.

Nick Bruhman

The thing is, all these people are completely anonymous, so it’s impossible to figure out who exactly is doing it. They’re probably on sneaker Twitter.

Thread Guy

One hundred percent. Even now, a lot of people on sneaker Twitter work for these anti-bot companies.

Nick Bruhman

Alchemy, damn Cloudflare, and all that.

Thread Guy

Exactly.

Nick Bruhman

That’s why they waited until the last 5 minutes. It was also because, having the experience of Silicon Valley, we’re in a race and everyone is working extremely fast—against GPT, Cursor, SpaceX, and everything else.

People were working much faster in sneaker Twitter because it was the most brutal market that ever existed. They were real predators. You could be set up in a second; the moment you had an opportunity, someone would take it. If your bot didn’t work on one drop, your value and hype would be gone instantly, and someone else would take advantage of it.

The drops were almost every other day, so you had to release updates every other day. You couldn’t sleep. That’s why so many bot developers were depressed.

Personally, I was running 6 businesses at once when I was in college, and I was really depressed. It was too much for one person, especially as a teenager. You couldn’t delegate to anyone.

Even at AI labs, you can delegate. You can delegate to people; you have hundreds of employees. There, you’re one person against a team of 1,000, every other day.

Thread Guy

Wow.

Nick Bruhman

It was crazy, because if you missed one—and there were a lot of drops, but there weren’t many really cool ones—and your bot was only for crappy sites like Foot Locker, which didn’t drop very often, that was the end.

Thread Guy

Yeah. That was really the end.

Nick Bruhman

It was crazy because you had a crappy bot, damn NSB.

Thread Guy

Yeah, man.

Nick Bruhman

Man, it was crazy because if the bot only worked on one site and it didn’t work for a week, and then you dropped Supreme, that was the end.

Thread Guy

Yeah, that’s right.

Nick Bruhman

People just moved on to the next one. It was such a game. That’s why there are so many of these people. Stable Ronaldo from sneaker Twitter.

Thread Guy

Seriously?

Nick Bruhman

There’s even a video where he talks about CyberSole. He literally used Cyber Sole and resold keys.

The Prime Hydration team has some really hidden key developers from sneaker Twitter.

Thread Guy

What do you mean by key developers?

Nick Bruhman

Logan and KSI are in the spotlight, but they’re not the ones doing most of the work behind the scenes. A lot of that work is done by people from sneaker Twitter.

Thread Guy

Oh, so a key developer isn’t the same as a bot developer, right?

Nick Bruhman

No. A key developer is very important. They’re extremely important to Prime Hydration and they’re part of its success. You have people who came from sneaker Twitter and are working at the highest level.

There are people at Palantir who worked in sneaker Twitter because Palantir hired people from sneaker Twitter. Stripe, Browserbase, and all these other companies looked at these guys because every one of them is, frankly, a little bit autistic. You have to be autistic to do what they did.

Thread Guy

They are.

Nick Bruhman

These are the employees that companies are willing to kill for. After working with corporate employees, I’ll say this: I haven’t met a single person in a corporation who could match the speed of the people in sneaker Twitter.

Thread Guy

Can you try to explain the dominance of CyberSole during the reign of sneaker Twitter? Explain how crazy it was in numbers and during what period.

Nick Bruhman

I think Cyber came out in 2017 or 2018. I forget. Before Cyber, bots weren’t that popular, and they weren’t reselling for thousands of dollars. They were reselling for maybe a few hundred dollars.

Then Cyber had this legendary period where Lucas released it, and it just started frying nonstop. Everyone was like, “What the hell?”

Thread Guy

And AIO—for all sites.

Nick Bruhman

Yeah. Lucas did a great job of creating incredible branding. Branding is a game of human psychology, and it still is. Lucas was great at maintaining his personal PR and branding the bot itself. He would release update after update until people were like, “Fuck it, I’ve got to get it.”

But there were only a few hundred copies on the market. People started buying them up, and the price went up from $300 retail. It went from a few hundred dollars resale to $5,000 in a week. That’s how fast the market changed.

Thread Guy

Yeah.

Nick Bruhman

At the height of Cyber’s popularity, they were reselling for $10,000. That was at a time when there were thousands of keys on the market. Imagine: there are 1,000 copies of your product, and each one is reselling for $10,000. If you put it up for $10,000 today, it would be gone in an hour. You wouldn’t need to wait a week or 2; it would be bought instantly.

Thread Guy

How much is it worth now?

Nick Bruhman

A few hundred dollars.

Thread Guy

Of course.

Nick Bruhman

Yes. Now the hype is completely gone. The COVID payments played a big role in prices skyrocketing, because everyone had money.

It’s an interesting phenomenon. When those payments came, they were supposed to help people with rent and basic survival expenses. The average consumer spent them on sneakers, clothes, and other things. All this money flowed into the sneaker world, and people had a lot of spending money. That’s why prices tripled as soon as the payments came in.

Thread Guy

Cyber seemed to dominate for 4 years in a row.

Nick Bruhman

Yes, and it still dominates. It still shows class. It’s still a really good bot.

Thread Guy

Is it still being developed? What happened to it?

Nick Bruhman

Yeah. I talked to him literally yesterday. He’s still great. He’s still.

Thread Guy

Would he come on stream or not?

Nick Bruhman

There’s a chance.

Thread Guy

Can I contact him?

Nick Bruhman

Yes.

Thread Guy

Wow, he’s still working on it?

Nick Bruhman

Yeah. Dude, come on. We’re doing an event in San Francisco. I hope he pulls up. If you want, you can come too. You’re going to meet a lot of these guys who ended up in startups. They’re all building hyper-fast startups right now.

Sean doesn’t work at Anthropic. He made at least mid-8 figures.

Thread Guy

On Cyber? Seriously?

Nick Bruhman

Yeah. There’s no reason to work at Anthropic.

Thread Guy

You mean he did it on Cyber?

Nick Bruhman

Yeah, sure. But honestly, the other thing is, if you work in an AI lab, you probably come from Sing, and you might even get depressed because things aren’t moving as fast as you’re used to.

And that's also why I'm so glad I joined a hyper-fast startup where there's a lot of room for personal responsibility. If that wasn't the case, I'd quit. No one at Sing [?] can survive in an environment that doesn't allow them to grow, where everything moves slower and there's middle management. At Sing [?], I don't talk to anyone. I'll just do it, because if I don't, I'll lose.

Thread Guy

Do you think these guys were using bots too?

Nick Bruhman

It's kind of the one thing that's always seemed strange to me about the bot game: it's not enough to have the best bot, because often one or two bots take all the stock, right?

Thread Guy

Yeah.

Nick Bruhman

So it's not enough to have the right bot, because you're competing with everyone else who has the same bot as you. Out of 10,000 people trying to get a drop, only 500 can make it because they use Cyber or something like that. But then, out of those 500, you have to beat everyone else.

Thread Guy

Yeah.

Nick Bruhman

It was really smart on the part of a lot of the bot developers, including me, that we were giving away keys for free to the best cooks, right? There were people who were getting thousands of pairs, and their mentions of us on Twitter really helped our secondary-market price. Because of that, I could say, "Look, I'm releasing 100 keys for 500 bucks apiece." They would go in 10 seconds, right? It was so much that you could just count how much money that was and do it. You could spam it almost every day because the drops were so frequent.

But the thing is, those who were successful at that level had to perfect everything. The equation was a long one. You needed the best proxies, the best server, the best Gmail accounts, and the best bot. And not just one bot. You had to keep 5 different bots open, because who knew which one had the right anti-bot bypass, right?

You didn't know which one had the update and which one didn't, because the bots could get it seconds before the drop. Sometimes, let's say Off-White would release something and say, "Look, it's dropping at 11:00 ET." They would actually wait until 11:15 because the bot was updating at that time.

Thread Guy

Yeah, yeah.

Nick Bruhman

They were intentionally delaying the drop, and no one knew that those delays were strategic. Their security team would completely reverse-engineer the bots, figure out what vulnerability they were exploiting, fix it, and then release the product and say, "Oh, sorry, we forgot to release the product." No, they didn't forget anything. It was a strategic move to set up all the bots.

But even then, there were bots that updated in the middle of the drop, because if you managed to do it, people would say, "Okay, this bot developer is incredibly cool. I'll buy his software." There were bot-resale groups that would say, "Look, this bot updated right during the drop. Now it's being resold for 2,000. Next week it's going to be worth 5 grand."

People were buying up these copies to treat them like assets. They weren't even using them. It was an asset that was going up in value. It was like real estate: you just held it and then sold it as soon as the drop went well.

Hell, I remember Dragon was the first bot that was worth 20 grand.

Thread Guy

30. It was worth 30 grand. It was resold for 30 grand. That was the end, because it was only buying junk, right? Those were the last days.

Nick Bruhman

Yeah. After Dragon, it all started kind of after Dragon.

Thread Guy

Yeah, yeah. I don't think Dragon was supposed to be worth as much as it was either, but the reason was because it was the first bot like that. Explain Dragon and why it became so popular. Give me some context.

Nick Bruhman

Okay. Dragon was a bot that came out with crazy methods of bypassing the protections on the site in late 2021, or maybe 2020?

Thread Guy

Too late.

Nick Bruhman

The best resellers on the market were using Dragon AIO. They were showing pictures where they literally had 5,000 pairs of shoes.

Thread Guy

Like 10,000 blazers?

Nick Bruhman

Yeah. And they were renting entire warehouses to store their inventory. So Dragon came along, and people in China were really into reselling. I don't know much about the Chinese market, but there were thousands of people from China who also worked in Sneaker Twitter.

The Chinese just had a lot of money. The way China is structured is that they try to invest in assets that are going up in value. That's why CS:GO skins were so popular in China: they held them like stocks. So they treated these sneaker bots like stocks. They bought a bunch of Dragon AIOs and just kept them.

They waited for Jay to post a picture of him using Dragon AIO, with 10,000 pairs.

Thread Guy

Yeah, yeah.

Nick Bruhman

And that was the peak, because after that it all started like—

Thread Guy

That's it. After that, there were just bricks. We were reselling complete junk. Then it all ended.

Nick Bruhman

Yeah, but that was the heyday of Sneaker Twitter. You could make a few hundred dollars a day just by buying one pair, right? So imagine if you were getting hundreds of pairs a day. People were running out of money. You can—

I was already retiring by then.

Thread Guy

Can you tell me the story about reselling swimming pools?

Nick Bruhman

Oh my. That was probably the most profitable moment in the history of Sneaker Twitter, right?

Thread Guy

Yeah, yeah, yeah. I think it was during COVID, right?

Nick Bruhman

I guess. Basically, it all comes down to the same thing: supply is not keeping up with demand, and Sneaker Twitter learned very quickly to make money from it.

People on Reddit, Twitter, and even LinkedIn were saying, "I'm not going to have a pool for the summer. How am I going to spend my time at home?" They couldn't go to public or private pools because everything was completely closed off, and you couldn't get closer than 6 feet to anyone. So people started buying up pools in droves.

Thread Guy

Was it Walmart, or who was selling them?

Nick Bruhman

It was one particular pool.

Thread Guy

Walmart?

Nick Bruhman

I think it was Walmart. I think Target had them, and a lot of other big-box retailers had them.

Thread Guy

They all had them.

Nick Bruhman

It got to the point where people would go into stores and literally pay their friends to buy pools too. They would resell these pools for 10 times the price. It was disgusting—these pool-resale pools.

Thread Guy

It went on for a long time.

Nick Bruhman

Yeah, it went on for a long time. I remember there were even pool enthusiast groups.

Thread Guy

Yeah, yeah.

Nick Bruhman

This pool wasn't really anything special. It was just this crappy $100 pool. But these Sneaker Twitter communities realized that there was such a huge inefficiency, and they bought up all the stock, making them scarce everywhere.

There was no supply from China, where everything was coming from. There wasn't a single portable, paddling, or backyard pool in stock in any store in the United States for a year.

Thread Guy

Yeah, yeah, yeah.

Nick Bruhman

Because we, as Sneaker Twitter, completely sold out. Even the local family stores—they were literally going door to door and doing the opposite of a salesman. They were asking, "Hey, do you have any pools in stock?"

A lot of people didn't really know what the prices were on eBay, so they would sell them at retail. Then the buyer would resell them on eBay for a few thousand dollars. Jared from JF, by the way, made so much money on that.

Thread Guy

Legendary.

Nick Bruhman

It was so easy, because all you had to do was find a site that had them. They didn't have a one-per-person limit. You could buy everything in your name, and they would ship it all. You didn't need a fake profile or fake cards. You could get all the merchandise yourself, and they'd be like, "Oh, thanks for taking everything from us," not even realizing that they could have made 100 times more than they got.

Thread Guy

I think the funniest thing about Sneaker Twitter, when I realized it was serious, was when people had their own UPS truck because they were buying so much that it would come right to their house to drop off 350 units of product.

Here's another thing Sneaker Twitter was great at: they were incredibly good at finding insiders everywhere. Everyone had their own backdoor guy. It was so much fun.

Nick Bruhman

Yeah. And not only that, the main guys had people from Foot Locker who would tell them the exact amount of product that was going to be released the next week. Money is everything. That's how the economy works.

These guys would find people who were willing to break the rules for money and use that to drive up prices on the secondary market.

Thread Guy

Dude, Foot Locker employees make $15 an hour, and managers make $40. These groups would say to them, "Here's 100 grand. Can you help us with a drop?" And they're like, "Yeah, no problem. We'll make it."

Nick Bruhman

Yeah, yeah, that's right.

Thread Guy

It's actually really funny. The reason I didn't de-anonymize until I joined Slash is because I became the most hated person in the entire collecting community.

Nick Bruhman

Pokémon. Don't miss this.

Thread Guy

Yeah, I was getting death threats all the time. I really made it hard to—

Nick Bruhman

Did you break Pokémon?

Thread Guy

Not really. I made it really hard to get the packs that collectors wanted. Every time a release came out, I would tell people, "Look, this is going to resell for 2 or 3 hundred bucks." The average Pokémon collector probably doesn't make that much.

So I got called the "king of the overbuy" on Reddit, Twitter, and Discord. Every time I tried to join the community, I was immediately kicked out. They would write me these horrible death threats, like, "If we see you in person, we'll shoot you or stab you." And I'm like, "Oh, shit. My life is in danger."

I was very, very careful. My online name was always Nick Bruhman. I never risked exposing myself, because I went to college in New York, and who knows how many of these people lived near me?

I was too scared to give myself away because everyone knew me as the guy who ruined collecting forever, even though I didn't really ruin anything. I just took advantage of the marketing ploy.

Nick Bruhman

What's even crazier is that the Pokémon you started with has become infinitely crazier.

Thread Guy

Like, it’s a lot crazier now than it was back then.

Nick Bruhman

Yeah, and people are still doing the same thing they were doing back then.

Thread Guy

It’s even worse.

Nick Bruhman

Yeah, that’s true.

It’s a lot harder now because when I discovered it, nobody on Twitter knew about it yet. To a certain extent, you’re right: Sneaker Twitter really is ruining the market for the average consumer.

Thread Guy

But, okay, there was this—

Nick Bruhman

Sorry, sorry.

Thread Guy

No, go on, go on.

Nick Bruhman

For me, there were 2 moments where I remember sneakers starting to die. The first one is when things got really, really bad inside. One of them is Marcus Jordan from Trophy Room. It’s a notorious case.

Thread Guy

Yeah.

Nick Bruhman

And then he sold everything out the back door.

Thread Guy

Yeah, I want you to tell the story of the second case, but this one—Trophy Room—is a niche retailer that gets a cut of the supply. They had Trophy Room 5s, Jordan 5s. It was a really hot release. There were like 5,000 or 10,000 pairs, and they were all at Trophy Room.

The owner, I think, was Marcus Jordan, Michael Jordan’s son. He basically sold everything “left,” which means if the retail price is $250 and the resale price is $1,200, he’ll sell them for $800 a piece. He sold everything out the back door—every single pair.

People found out about it because he sold them to a complete idiot. He sold them to this guy Benjamin Kicks, and he posted a picture of himself with 800 pairs.

Nick Bruhman

He took a picture with 800 pairs, yeah.

Thread Guy

Yeah, yeah. There were only 12,000 pairs that were supposedly released in this so-called giveaway, and then this guy shows up, showing off 800 pairs. He did—there’s a picture of that, right? Ben with 800 pairs.

Nick Bruhman

Yeah, yeah, yeah. I don’t know where it is, but that’s how everyone understood, “Okay, this guy is the most corrupt,” because every wholesaler or every store that had access to these shoes was always doing backdoors, right?

But it wasn’t this horrible. It was ridiculous. If you’re going to do backdoors, you better do it smart, and of course, a lot of people didn’t.

Another thing that stuck in my mind—I was already off topic—was Nike’s VP leaking the product to her son, and then he flooded Twitter. He ran the group, too.

Thread Guy

Yeah, he ran the group, too.

Nick Bruhman

So that allowed him to—again, everyone takes whatever information they can get and then sells it to whoever they want on Sneaker Twitter.

Then word got out that he was the son of this VP. Management stepped in and literally fired her. She lost her job.

Thread Guy

Yeah, yeah.

Nick Bruhman

She completely lost her job. It was so ridiculous because the son only made about $100,000. It’s not worth it. She had a 7- or 8-figure salary.

Thread Guy

Yeah, yeah.

Nick Bruhman

A lot of people had access to great resources, but they were acting very foolishly. Even Yeezy Supply had its insiders. People knew exactly when the release was going to happen.

Thread Guy

Yeah, and it’s funny that the developers of Yeezy Supply were always trying to figure out the anti-bot protection because they wanted the average hypebeast to be able to get sneakers.

Nick Bruhman

But Yeezy Supply was carrying all of Sneaker Twitter for a while.

For me, the death of Sneaker Twitter was, first, the post-COVID explosion. Everyone had too much money. Second, everyone had so much money that everyone got greedy. Nike started releasing retro versions of every pair. Yeezy did 500 releases. All that money got stuck in Off-White, in The Ten.

Then these niche retailers started selling everything off the shelf, so prices started going up everywhere. There was a lot less money. Anti-bot got really good, and it got really hard to get ahold of anything.

Then this Shopify CTO became a huge figure in Sneaker Twitter.

Thread Guy

Jean-Michel.

Nick Bruhman

Jean-Michel Lemieux, I think.

Thread Guy

Yeah, Jean-Michel Lemieux.

Nick Bruhman

He became a key figure in Sneaker Twitter, and he cut everyone.

Thread Guy

Yeah, he did a good job. He cut everyone, but it wasn’t really the anti-bot that killed the community, because there’s always a workaround. There’s always some way to get around it. There’s no such thing as a perfect anti-bot.

Maybe now, with these new LLM models, but there was always some kind of endpoint that you could exploit. If it wasn’t specifically an anti-bot, you could literally find another way to cut the checkout time by a few seconds and beat the average user who does it manually.

What really killed it was that the money ran out, and people who had also taken a lot of liquidity out of the market moved into crypto. NFTs are a whole other story.

But I’ll say this: I don’t think there’s any other community that has made as many people billionaires, hundred-millionaires, or ten-millionaires under the age of 25.

I think there are now 2 or 3 billionaires from Sneaker Twitter, all in their early 20s, and there are a dozen other people I know who are worth at least $100 million. There are others, too.

Steven was a Sneaker Twitter guy, right? From [?] Steven, Cameron, Victor from Sneaker Twitter. I’m from Sneaker Twitter. Lucas—all these guys, all these bot developers, basically came out with capital in the mid-8- or 9-figure range.

The people who went into crypto, streaming, or whatever have their net worth and portfolios now in the 8-figure range and above.

What happened to BotBoy Nova?

Nick Bruhman

That’s a great question. I actually don’t know. The thing is, he really was a Sneaker Twitter guy on Twitter, and he was a sneaker YouTuber.

Thread Guy

Yeah, a sneaker, like, a real sneakerhead community, right?

Nick Bruhman

Yeah.

Thread Guy

Oh, really?

Nick Bruhman

He used the products from Sneaker Twitter, but he didn’t sell them on Sneaker Twitter. He was selling to the sneaker community, so he probably does well. Honestly, I don’t think he made more than a few hundred thousand.

Thread Guy

Really?

Nick Bruhman

The money was on Sneaker Twitter. That’s where all the money was. That’s where you could make it. I made my first million dollars.

Thread Guy

Are we Pokémon scouts now?

Nick Bruhman

Yeah. I went from making like $10,000 a year to $1 million in 1 year. That’s the year I found out how bad taxes are.

I was bedridden for 3 weeks. It was a horrible, horrible time because I paid almost $600,000 in taxes.

But there was no other community outside of the sneaker community that would allow that. You might work for an AI company, but in an AI company, your wealth is just numbers on paper, and you have to be able to sell it. Mine was as liquid as possible. It was in your bank account. It wasn’t stuck in stocks or paper capital. It was your real wealth.

Thread Guy

Okay, I have a question for you. What do you think happened to Nike? I don’t know how closely you follow this, but Nike’s stock is down like 85%.

What do you think happened to Nike?

Nick Bruhman

Honestly, working with corporate people, when a company is overinflated and there’s no one on the front lines who is actually working with the new generations who are mostly buying your product, you lose.

For example, Nike used to be the king of sneakers. Every single one of their products sold incredibly well. They had great classics, but they let Hoka come in. They let all these new shoe brands and new labels in.

Thread Guy

Yeah, yeah.

Nick Bruhman

The thing is, they probably didn’t think about it. In the short term, they probably thought, “Okay, let it be.” In the long term, I don’t think anyone thought about it at all.

A lot of the senior executives that I meet—and it doesn’t matter how old they are—hire people who can’t think globally. They only understand the market based on what they grew up with, but today’s markets are completely different.

If you can’t understand how the markets work for the younger generation, who are the ones getting most of the money now, you lose.

Nike loses because there’s Hoka. I’m wearing Hoka right now, for example. They do a great job of marketing and brand awareness among people of my generation and the generation older than me.

As the older people leave, new brands realize, “Okay, we just have to take advantage of this situation.” Brands that have been around for 50 to 100 years have never dealt with a generation like us, or with a generation that is able to think, “How do I sell to people who are 70-plus, and how do I sell to people who are 50 and under, 30 and under, and even 20 and under?”

Thread Guy

Really?

Nick Bruhman

Nike doesn’t think about that. Because of that, their stock just keeps falling, and the market, I think, adds 2 and 2 and realizes that they’re not going to be the main clothing brand of the future.

Thread Guy

I think that’s a good point. What do you think was the most successful release of all time? The most legendary drop. Who had the best result on any drop in history?

Nick Bruhman

I mean, what sneakers?

Thread Guy

Yeah, I don’t know. What do you think was the best drop, or maybe someone you know had the best result in 1 day?

Nick Bruhman

Okay, I’ll give the win for the best result, from what I’ve seen, to Jake from AYCD.

Thread Guy

On what?

Nick Bruhman

I forget what it was. I think it was Yeezy Mochas or Creams, but he got thousands of pairs. I could be wrong, but I remember him posting a photo of his success.

He had like 10 different servers, each with its own bots, and each bot performed thousands of tasks. He invested almost $300,000 in drop supplies, and he tested almost everything because every bot actually worked.

He was really lucky at that point, and he knew the right proxies to use and the right server with the lowest ping. He just ripped everyone off.

Thread Guy

How much do you think he made on that drop?

Nick Bruhman

Bro, a few million at least.

Thread Guy

It’s crazy, because there was more than 1 drop like that.

Nick Bruhman

There were so many drops, and they were happening every week or almost every day. Adidas was doing a great job with Yeezy before what happened with Ye.

It’s about understanding your market. Yeezy was incredible.

Thread Guy

Damn, they should have brought Jake on stream.

He's a legend. He's so cute. Jake is a legend. Jake is one of the craziest legends on Sneaker Twitter. Is this the one—AYCD Jake himself? How is he?

Nick Bruhman

I think so. Damn, I can't find that. I'll find it. And I think another thing is, when Off-White was actually dropping, there was this group called Express Notify, and they had the best Off-White monitor. I literally stayed up until 3 or 4 in the morning because that's when they were dropping Eastern time.

There was almost never a bot working there because the site would crash from the number of requests. You'd have to sit on the site for 3 hours, hoping to break through. I remember taking 4 pairs and making around $20,000 in one night, not sleeping until the morning.

But yeah, it was crazy. I've probably said this many times, but Sneaker Twitter is the most efficient market, and it still is. People who come from that industry and go into any other field immediately find any inefficiency and monetize it faster than the best AI researcher.

It's one thing to be textbook-smart, and it's another to have street smarts—and, frankly, “sneaker smarts.” If you combine all 3, you're better than anyone.

Thread Guy

You're better than sneaker—

Nick Bruhman

Shoes?

Thread Guy

I'm wearing high-tops right now. I'm in Hoka. I prefer comfort. You have something like—like, you have some—

Nick Bruhman

I have Off-White.

Thread Guy

Well, I was afraid to wear them because I thought I was going to get mugged.

Nick Bruhman

The thing is, I don't like carrying money around. I prefer not to have anything.

Thread Guy

Well, other than that, yeah. Top 5 botters of all time.

Nick Bruhman

Botters and developers, maybe.

Thread Guy

Name the top 5 botters.

Nick Bruhman

Top 5 botters?

Thread Guy

Botters.

Nick Bruhman

Developers or botters?

Thread Guy

Botters. Give me botters.

Nick Bruhman

Five of the cooks? Damn. I mean, AYCD Jake—number 1. There was also Watch Cop Chefs. I think that was his nickname. He was a real cook.

Damn, I'm trying to remember. Remember Frank? White Frank? Frank White—the killer. Amazing. He's actually number 3. Garrett's somewhere in there, number 4. I'm trying to remember who else.

It's hard, bro, because I never followed the top cooks. I followed the top developers and the most popular people. I'll name the top developers: Lucas, Hunter, Zero, Jason—

Thread Guy

Wait, wait, go on.

Nick Bruhman

Dashy.

Thread Guy

Okay.

Nick Bruhman

Oh my God. Dashy has been in the top for so long. Lucas from Cyber, Hunter from Dashy, Dashy—who else?

Yeah, Jason from Wrath, Zero from Ghost.

Thread Guy

Who? I don't know that.

Nick Bruhman

Ghost AIO. It was a bot for Nike. Remember when Nike used to do random drops, and you had to—

Thread Guy

Oh, something else, right? Nike used to do this thing where you had to go to a specific location, scan something, and then you could buy the shoes. People who had spoofers would just fake it.

Nick Bruhman

Oh, there was GPS spoofing, right?

Thread Guy

Yeah, like that.

Nick Bruhman

Oh, they did physical drops. I forgot about that.

Thread Guy

Yeah, right.

Nick Bruhman

I forgot who wrote Kodai. I think it was Sawyer, but that's also in the top. Kodai was with Pulsar, so I forget what it was called.

Thread Guy

Pulsar.

Nick Bruhman

Yeah, Kodai was just killer. I would say it was very—

Thread Guy

Yeah. And what about Ganesh?

Nick Bruhman

Oh, sorry, I forget myself. Ganesh was amazing, by the way. The thing is, Ganesh was part of the German community. German retailers were crazy. It was a very, very small community. There was actually a Russian community, which I was a part of, but the Germans knew how to cook. The Germans were so efficient. They were so impressive.

Thread Guy

You said no to KSR?

Nick Bruhman

KSR was not bad. I wouldn't put it in the top 5.

Thread Guy

What about TKS?

Nick Bruhman

A cult classic. It's in the top 5.

Thread Guy

No.

Nick Bruhman

Yeah. I'm like, it's a cult classic.

Thread Guy

The Nike bot? Damn, that's—

Nick Bruhman

I wouldn't put any of those in. That was a pretty massive release, too. It was Cybot.

Thread Guy

Oh, you know, Polaris was pretty good.

Nick Bruhman

Polaris literally had a full goddamn admin key. I forget if it was Yeezy Supply or something, but Polaris had something that nobody else had: real admin access that they implemented into their backend for Yeezy drops.

Thread Guy

Yeah. Splashforce was amazing. I remember Splashforce. Valco[?]

Nick Bruhman

It was an easy drop, right? Splashforce?

Thread Guy

Yeah, yeah. That's okay. Top 5 is pretty cool.

Nick Bruhman

What does Hunter do?

Thread Guy

What does Hunter do right now?

Nick Bruhman

Yeah.

Thread Guy

He owns a casino.

Nick Bruhman

Really?

Thread Guy

Yeah, he owns a casino. It's called Jackpot Bet.

Nick Bruhman

Oh, really?

Thread Guy

And he's doing great. These guys, no matter what industry they go into, just tear it up.

Nick Bruhman

I know. It's really—

Thread Guy

It's a casino? Why does he need a casino? Do you know how much money is in there?

Nick Bruhman

Yeah, I know, but—

Thread Guy

An obscene amount.

Nick Bruhman

Really.

Thread Guy

What happened to SeeU? What did he create?

Nick Bruhman

SeeU Prime.

Thread Guy

I don't remember.

Nick Bruhman

Oh, SeeU Prime. He's still in business.

Thread Guy

Really?

Nick Bruhman

He's in the shadows. He was a Supreme AIO pre-killer.

Thread Guy

King C on the backdoor. What backdoor?

Nick Bruhman

Backdoor was his brand. It was his brand, or it was his parent brand that owned all the backdoors.

Thread Guy

Yeah, yeah. Wow. What about Niche?

Nick Bruhman

That was my guy. Bro, he's still in business. He's not written off. I met him in person. He's not written off.

Thread Guy

It's crazy, because I also meet these guys very casually, like at conferences that I go to. They're like, “Oh, man, I was from Sneaker Twitter and I bought your product.” I'm like, “Oh, fuck.”

Some guy literally said to me, “I met you last year and I didn't even know you made Malice and Omen.” And I'm like, “Yeah, surprise.”

Nick Bruhman

Wow. Dude, hello from the past.

Thread Guy

Rest in peace, Sneaker Twitter.

Nick Bruhman

Rest in peace, bro.

Thread Guy

I mean, I revived it. I brought it back to life in 5 minutes.

Nick Bruhman

For a couple of hours.

Thread Guy

But it's all over. It's over.

Nick Bruhman

You're right.

Thread Guy

Unless you come to San Francisco, then it's not over.

Nick Bruhman

Maybe. We'll get you VIP tickets.

Thread Guy

As soon as he posted the Pokémon clip, that was the end, bro.

Nick Bruhman

Yeah.

Thread Guy

Yeah. It's a shame.

Nick Bruhman

It's a shame, but in a way, Sneaker Twitter still exists in many different parts: Volunteer, Strive, Record, whatever, Browser Base. It's a community that's always—

Thread Guy

Dude, I want to ask about the .gov subreddit, but I don't want to.

Nick Bruhman

Yeah, that's a different topic.

Thread Guy

I'll skip it. Oh, what an era that was. I guess I don't have anything else for you. That was epic.

Nick Bruhman

Yeah. Dude, that was cool.

Thread Guy

What happened to the Nike plug? Remember that guy?

Nick Bruhman

Bro, he's still tearing everyone up. I talked to him last week.

Thread Guy

Yeah, bro. He's tearing everyone up. He's really cool. He was actually one of the best buyers, too.

Nick Bruhman

Yeah, he was so good.

Thread Guy

Yeah, that's cool. This is crazy. It was so amazing to see everyone rise from the dead, and everyone was quoting my posts with their memories of Sneaker Twitter. I'm like, “Fuck it.” They're so cool. Tears in my eyes.

Nick Bruhman

Dude, you're a legend.

Thread Guy

That's cool, man. You said, “Idol of icons.”

Thread Guy

Finally, would you like to do a quick Slash PR? You could mention Slash for speed. What are you working on now? People are wondering.

Nick Bruhman

Yeah, yeah. Yeah. Okay. I moved on from all that and switched to Slash. When I came in, we barely had any annual revenue, and now we're close to over half a million in annual revenue. We're the fastest growing neobank in the US and in the world. And honestly, the way we work is like our remote work is our team. Half of our team came from Sinker Twitter, and pretty much everyone here is working without a roadmap and is extremely proactive. So if you want the best neobank that also includes a lot of really high-end crypto products that you and everyone else has probably used, and you're... I can't say anything, but you're very close to what slash is already using.

Thread Guy

No, I said it. We use slash.

Nick Bruhman

No, not just you. I mean, there are some, well, so—

Thread Guy

Oh, go to hell, right?

Nick Bruhman

Hell, uh—No, no, I'm—yeah, yeah, yeah, yeah, yeah, that's cool, dude. Go to hell, right? But, but no, if you want the best banking experience, just write to me, and I'll show you what it looks like when the Sinker Twitter team solves these banking inefficiencies. Movie.

Thread Guy

Nick Bruhman, you're the best, man. Thanks again. Love you.

Thread Guy

A real pleasure. Love you, bro.

Nick Bruhman

Love you too, my brother. See you. Peace. Bye.

Thread Guy

Bye.

Nick Bruhman

Wow. Wait, I have to find this right now. That's the same picture. After that, the game was over. Ben, how's business?

Thread Guy

Boom, man.

Nick Bruhman

Ben, how's business?

Thread Guy

Boom, man.

Nick Bruhman

How's business?

Thread Guy

Boom, man. What a mistake. That was it. After that, the game was over. This is such a fucking interview. It was so much fun. I had so much fun with it.