We don't really talk about Bitcoin price action here do we

And we certainly don't mention them, you know, those others

But I saw this note 👀
https://primal.net/e/nevent1qqs94fxrkq8pw0c7l6kuxpy88wwe0u83frrj9hlfde3xnz4e6w3rrzs9dpvdj

Obviously the mainstream media is screaming absolute armageddon meltdown, as they do every cycle and if you’re a long leverage trader, I imagine it's squeaky bum time right now 😳

But one of the commenters was thoughtful enough to reference a tweet, where the general sentiment is summed up in shitcoin land

And I'm reporting on this like den does with the FT

Im the journalist now

Let's look at the sentiment over there...

> Cry*** as we know it is over, it's time to look at the abyss and stop acting like this industry will in any way recover> Cry*** as we know it is over, it's time to look at the abyss and stop acting like this industry will in any way recover

Ok not a great start 😕

> Please for the love of god look at the data & stop coping that this in any way is normal or will recover for a sector claiming to be on the frontier of technology> Please for the love of god look at the data & stop coping that this in any way is normal or will recover for a sector claiming to be on the frontier of technology

Yeah but the transactions per second though? No?

> We are at the tail end of blockchain innovation> We are at the tail end of blockchain innovation

No, we are still early right? Right!?

> Blockchain & especially alt coins has moved from the frontier of technology to an un-investable asset class who's building products who nobody needs> Blockchain & especially alt coins has moved from the frontier of technology to an un-investable asset class who's building products who nobody needs

No but the utility though, remember the utility? Hello?

Wait, there's more...

> The frontier of technology has moved away from blockchain and sits at AI & Robotics right now and blockchain right now is seen as the weird industry you enter to build something meaningless for exit liquidity> The frontier of technology has moved away from blockchain and sits at AI & Robotics right now and blockchain right now is seen as the weird industry you enter to build something meaningless for exit liquidity

Meaningless exit liquidity has a certain ring to it? Add mel to the glossary please ✔️

My Bitcoin sentiment is absolutely fine and I'm sure yours is too, so spare a thought for the bros

Link:
https://x.com/i/status/2019276743551463671