"BTC is dead" ahuh. Ok.
"Maybe this time will be different"
Looking forward to watching bears get slaughtered once again, as has been the case with every single past cycle.
A) Find it interesting that in both of the past 2 cycles it took between 50 & 60 days to go from initial bottom to local top, and how in this cycle that time frame lines up with the upcoming BAKKT launch on the 24th of January.
Expect some sell off/turbulence after this, naturally with hype/expectation being priced in versus actual adoption via the product.
B) Furthering this will be uncertainty surrounding the Mt Gox meeting (Koba has applied for an extension) & the final date for the ETF meme which BTC does not even need.
C)
BTC is anti fragile and its value proposition is unique and perfectly situated in a time of international economic & political uncertainty. As if Satoshi could see the future, where the idealistic keynesian, ponzi-esque system would near its end, as international 'leaders' were eaten up by their past decisions to keep the gag going, whilst also being forced to eat eachother alive. Like a flesh eating virus, the economic myth we have been sold will eat all from the inside out, until there is nothing left.
Except BTC. Buy BTC. Its use as a hedge will be willed into existence.
Looking forward to watching bears get slaughtered once again, as has been the case with every single past cycle.
A) Find it interesting that in both of the past 2 cycles it took between 50 & 60 days to go from initial bottom to local top, and how in this cycle that time frame lines up with the upcoming BAKKT launch on the 24th of January.
Expect some sell off/turbulence after this, naturally with hype/expectation being priced in versus actual adoption via the product.
B) Furthering this will be uncertainty surrounding the Mt Gox meeting (Koba has applied for an extension) & the final date for the ETF meme which BTC does not even need.
C)
BTC is anti fragile and its value proposition is unique and perfectly situated in a time of international economic & political uncertainty. As if Satoshi could see the future, where the idealistic keynesian, ponzi-esque system would near its end, as international 'leaders' were eaten up by their past decisions to keep the gag going, whilst also being forced to eat eachother alive. Like a flesh eating virus, the economic myth we have been sold will eat all from the inside out, until there is nothing left.
Except BTC. Buy BTC. Its use as a hedge will be willed into existence.
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