LOL, talk about hopium-copium. Have fun staying poor silly goose.
As far as I can tell, it's a story of how many months winters last... and that actually we've been in Bitcoin winter for 13 months because treasury scum* (#1425033, #1425619) and ETF flows overshadowed things.
I dunno, bro.
Regulatory progress is real. Institutional adoption is real. Stablecoins and tokenization are real. Wall Street’s embrace is real.
Good news gets ignored in bear markets, but it doesn’t go away. There is nothing about the current market pullback that’s changed anything fundamental about crypto.
I think we’re going to come roaring back sooner rather than later.
That really is the weirdest part. At what point do we accept that actually price is truth, and actually, btc price falling is bad for us, and actually, reorient our models/expectations/priors and realize that the probability we were right radically fell in recent months??
- oops, inflammatory sarcasm.
Until we deviate wildly from the longstanding trend, I feel no need to take price swings seriously.
I think this moment would be it, the "deviation".
(put differently, and Fama's JHP as always: how would you know?)
If you look at any of those charts people are constantly posting, there’s nothing particularly odd about where we’re at.
We’re still following the same curve that people have been talking about since I first got here.
I did see the circle emerge again today. That was persuasive.
Screenshotted these two tweets the other day (of course the algo feeding me that kind of stuff, one after the other -.-), with my note to self: yeah I'm gonna say these things are MEANINGFULLY different
Zoom out
oh, another one for yah just came across my desk. My gosh
That is convincing
zoom in...?
Why?
How many times has this exact conversation happened?
I mean u thought price was truth when we were at the bottom last cycle
I’m grateful if our bottom this time is $64k
U always gonna be bearish at the bottom?
probably. We shall see, shall we not!
I’ll remind u again during the bear of 2029 at $125k calling it dead
It may die in that bear market, too, perhaps going to zero then if it doesn't do it now
Lmao ok so at least if u call bitcoin dead it’s only at $0?
At what price is it dead?
direction matters more than level, I'd say. dying, which is what it's doing, is worse than being dead. I dunno, something like that
So how long before u admit it’ll never rise again?
When is acceptance there will never be another bull
Clearly no HODL for u! Have you sold your corn?!
I'm selling like crazy, can't you tell? (=_I'm crashing the price).
...and yeah, I've never sold this much sats before (for all the feds out there, that's a JOKE!)
People who only want price exposure will always be punished because that's the main use case.
https://twiiit.com/Matt_Hougan/status/2018695396386570257