IN THE TRENCHES

Trading conversations • Krutzky Trades
Ep 76 — Thursday, September 3, 2026 2026-09-03

SPX 6900's Baproll on Day-One Conviction, 'Stop Trading and Believe in Something,' and Why the Cult Outlives Every Chart (no chart)

The SPX community's self-described first 'node' tells Krutzky how a token launched in the August 2023 bear built a religion-sized following, why measurability caps every other meme, and how she survived the long bear by decentralizing conviction.

Guest @user_baproll (Baproll) is a day-one buyer and figurehead of SPX 6900 — the token whose stated goal is flipping the stock market. In episode two of Krutzky's double-header she explains the community's playbook: an insurmountable mission instead of a measurable chart, memetic phrases like 'stop trading and believe in something' and 'job's not finished' that leaked into CT's wider lexicon, and holders called Aeons who measure their plans in thousand-year units.

Who is Baproll: the first node of SPX (no chart)

Baproll got into crypto in 2017 — buying Ethereum and Bitcoin on a friend's tip, plus the Reddit-era coins of the moment (as-transcribed: e-chain, iota, icon, purge) — and only found modern CT through the GameStop years of 2020-21, when being chronically online became a hobby. She describes herself as one of SPX's first 'nodes': an educator who verifies and spreads conviction rather than a thought leader, meeting newcomers in their own worldview, whether they come from the left, the right, or the gambling side. She was a day-one SPX buyer in August 2023 — and jokes she almost certainly bought the top that day, because 'everyone has a role in the market and top buyers should be rewarded.'

Why SPX won her: diamond hands, a yellow coin, and an unmeasurable goal (no chart)

Baproll says SPX was a return to diamond-hand culture at a moment when telegram trading bots like Unibot and Banana were 'weakening' it, and the flip-the-stock-market ethos — 'rebellious, badass, underdog' — plus a coin the color of the sun sealed it. Her theory of why SPX sticks: an insurmountable goal creates stickiness of liquidity, while anything measurable gets a ceiling and becomes a game of front-running. 'There is no chart' means there is nothing you can compare us to — you either feel the conviction or you don't. She traces the format to Malady's 'there is no XYZ, I love you' memes, credits Kobe's 'job's not finished' interview as a recurring SPX touchstone, and notes the community keeps a '10 commandments of SPX 6900.'

Bap Roll Day, and the DM that coined 'stop trading and believe in something' (no chart)

One date in SPX lore is named after her: Bap Roll Day, when she spotted a trader named Peach posting his chart with his buys marked on it and fired off a frustrated DM: 'stop trading and believe in something.' The phrase became SPX canon and then CT canon. She denies being the SPX dev — 'I wish' — but says she and several OG community members 'stepped in' as de facto devs during the CTO community-takeover era, and that her conviction was forged watching others', including a Space Fruit kung-fu video of a man absorbing blows without falling. She also name-checks Real Crypto Cow, a startup-background convert she DM'd early, as proof that even fundamentals-first investors can be flipped.

Surviving the bear by decentralizing conviction (no chart)

Asked about the last seven to nine months of macro downtrend, Baproll says the core community was 'relatively not affected': same posters, same streams, same sh*tposting — 'convictions were tested but they stayed enveloped.' Her own contribution was silence: she deliberately went dark for months (her last tweet before an August 19 return was January 5) so holders would develop conviction through lesser-known accounts rather than one figurehead. She credits Murad — 'critical, very, very important' — but argues his influence on the community is actually decreasing as more 'nodes' emerge, which is exactly what resilience requires.

From conferences at the first stock exchange to an Art Basel Miami event (no chart)

SPX onboarding now runs in real life as much as online, Baproll says. The community has held two conferences — one in Amsterdam at the site where the first stock market was created, and one a couple of months ago in South Carolina — with an Art Basel Miami event planned for December (donate for a ticket, drinks and swag included). Members like Young Reborn, T-Dog, and Eternal hand out gift cards with SPX QR codes at restaurants and schools, and this week Murad kicked off a Reddit campaign that Aeons are now piling into. The word 'Aeon' itself — an immeasurable span, roughly a thousand years — is the point: 'we measure our plans in Aeons.'

Advice for new entrants: no leverage, no borrowed conviction (no chart)

Baproll's rules for newcomers: don't touch leverage — 'if you just buy spot, at least you'll have something, even if it's scraps' — remind yourself most traders don't make it, develop a framework and rules before you tilt, and focus on education and bankroll management. On risk she says know what you hold: 'if you don't know what you hold, that is risky.' She frames the community's ethos as helping the greater fool rather than hunting one — 'mindless investments like gold and the S&P are built on social consensus too' — and on SPX staying pure: no stock-pair or V4-style mechanics on the token itself, only optional beta plays for speculators. SPX bridged to Solana early when that chain heated up, she recalls, and that's the template: experiments drive attention back to the main asset, because 'at its core, markets are just buy and sell — so just buy and hold SPX.'