I keep saying that I don’t even believe we are in a bull market.
This seems pre bull to me.
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Strong agree. ⚡️
i think we will have a slow boring up only for quite a while.
I haven't seen the bull yet
stay humble and stack sats
Are you asking me to do the thing with the thing?
Slow and steady wins the race
agree💯💜
negative I was most of the time wrong about the market 😄 positive still love bitcoin 🤣
My guts knows. My brain is listening.
Yes, we are prebull
It’s schroedinger bull market @HODL it’s dead and alive at the same time
We can’t be in denial any longer. Things are different now. The plumbing is different now. Vol may spike a little bit later in the year, but I’m struggling to see anything resembling a previous cycle. The data is in; we have to adjust our expectations and forecast accordingly.
If the red line happens this seems fine to me. Same growth, just more stable.
This is good for the network.
Premature exuberance
The problem with major custodians Coinbase, BitGo, Fidelity, is that any bitcoin held is tracked in a private, centralized, manipulatable database. Not subject to outside verification & public scrutiny (of entire holdings). This tees up a perfect follow up for the timeline; Mt Gox, FTX, ....
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Idk going from 15k to 120k is pretty good…
I wish we could get Coinbase and Blackrock to show proof of reserves, but Bitcoin adjacent companies like Strike dont show it either so we will likely have a market downturn due to fractional reserve purchasing first. The best lessons are sometimes the hardest to learn.
Yea bro. Great rip with @preston and the guys.
I’m trying to get this one going but need some help getting traction.
$116K is the new $58K.
You like?
Somebody already beat you to it
I didn’t see that. Was it you?
Not me but I saw it last week
Agreed, this already has been the worst performing bull market in Bitcoin’s history. Things will either get extremely over heated towards the end of the year or big money has zapped volatility. Another possibility is this thing just continues to grind up and to the left, lulling retail to sleep.
I think we are in for a boring ride to $1M
The days of 10-20X in a year are long gone. Heck, 5X years may be a thing of the past too. A 3X in a year seems like as high as we will see moving forward. I’m happy to be wrong.
💯🤝
Disbelief part of the cycle
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I think we'll know by Oct. maybe sooner.
We have yet to wake up every morning with a higher price for more than a few days. That ain’t a real bull