Limits

Written by: Fatih

The following are not marketing choices but operating limits. None of them is “for now”. The page has two halves: first the work we do not do, then the things we cannot measure. The second half usually goes unwritten, which is exactly why we write it — the real limit lives there.

We do not trade, custody or transfer

We do not open positions for you, hold assets, or manage wallets. Our product is software and a reading; it does not touch money.

The distinction is also the legally decisive one: what requires a licence is not writing software but operating a custody, transfer or trading function. We operate none of them and intend to operate none, so there is no roadmap in which this product grows into a licensed intermediary.

We do not give individual direction

We do not say “buy this”, “sell that”, or “enter at this price”. Everything we publish is general and tailored to no one's circumstances. In Turkey, individual investment direction is a licensed activity; we hold no such licence and are not seeking one, because that is not our product.

The Capital Markets Board sets out unlicensed capital market activity and its penalties on its own page. So when someone writes to ask “what would you do with my portfolio”, the answer is always the same: we cannot answer that, but we will show you in full what we are looking at.

We promise no returns

No text of ours contains a profit, yield or “guaranteed” claim. The rule is enforced mechanically: a page carrying forbidden phrasing cannot ship.

The check does more than search for a banned word; it also caps how often advice-shaped phrasing may appear on a page. A sentence saying “this is not investment advice” does not license the rest of the page to speak like advice.

We do not take payment in crypto

Where we accept payment it is in fiat. Turkey's Regulation on the Non-Use of Crypto Assets in Payments, still in force, prohibits using crypto assets in payments directly or indirectly, and covers the provision of services to that end.

There is a measurement lesson here that we keep in the open: this line once read “the price of goods and services cannot be collected in crypto”. Reading the regulation's raw text showed that this was an interpretation carried over from an announcement summary; the text itself says “cannot be used in payments” and never enumerates goods, services or donations. The practical outcome is much the same, but writing down the gap between a secondary summary and a primary text is this page's job.

We do not issue a token

There is no transferable token, pre-sale, staking, DAO or similar structure, and none is planned. We decline such proposals when they arrive. This is locked by the project's own dated internal decisions.

A token promising a right to returns falls under the unlicensed capital markets regime whatever it is called. For us the limit is editorial as much as legal: a publication holding its own token cannot write neutrally about the market it watches.

How much we actually see

Each round the watcher takes a fixed number of records per channel, and those limits do not move with mood. From the Hugging Face endpoints: the top 20 trending models, the top 10 datasets and the top 10 daily papers. From the GitHub releases list: at most 10 per repository, of which at most 5 survive the noise filter. From arXiv feeds the first 10; from PyPI release feeds the last 5; from corporate blog feeds the first 10; from the sitemap the 10 most recent announcements; and from SEC EDGAR full-text search, the first 15 filings of the last seven days.

What follows is plain: the number of records you see on a page sits inside that channel's limit. A release outside the list does not mean “it did not happen”; it means “it did not enter our window”. Because the window is written on the page, you can also work out how much we are missing.

Fields we never read

From feeds we take only the title, the link and the date; the summary text is deliberately left alone. The reason is copyright and full-text responsibility — carrying a source's own sentences would present them as if they were our record. The RSS specification offers a description field; we simply never read it.

On some channels the source itself carries no date. arXiv feed items publish no publication date, so records from that channel carry only our first seen stamp — which does not mean the item appeared that day. Likewise, if the source gives no link the record stays link-less, because we do not invent addresses.

We cut noise by measuring it

A repository publishing dozens of builds a day is reduced to a single line; a repository that tags many packages in one release is reduced to one line per package. The filter deletes nothing; it caps how many lines a round may write. What is being cut is stated on each channel page. We use no “smart score”, because a filter whose formula cannot be shown cannot be audited.

Things we do not watch at all

Token price, market capitalisation and trading volume are not on our list. They are published in dozens of places already; beyond having nothing to add, putting a price chart on the page quietly suggests a direction to the reader. Social media likes and follower counts are absent too: they are cheap to manufacture, so they are not evidence that anything is actually used.

Nor do we use “attention scores”, “momentum” or similar derived indicators whose formula is undisclosed. If we cannot show how a number was computed, no verdict resting on that number is defensible — and the same test applies to numbers we produce ourselves.

Finally: a record appearing here carries no judgement, positive or negative, about the project or company behind it. The archive is not a selection; it is the output of a defined window.

If one channel fails, the day is not published

If even one channel in a round errors out, the round is abandoned entirely and that day's state is not written. A half day is a day whose gaps are invisible. This choice produces empty days for us on a regular basis; in exchange, every day you see here is a whole day.

Why we spell this out

A great deal is sold in this market under the name “private signals”, and the measured picture is not reassuring: in academic study of crypto chat channels, more than half of those examined have been linked to price manipulation. What separates us from them should not be a promise but a public archive.

This page is itself part of that separation. Describing what a product can do is easy; stating what it cannot do, with numbers, works directly against a sales page. We write it anyway, because a measurement whose coverage is hidden is not a measurement.