i thought they’d push it up to 70-71k to lure in more bulls. the fact they didn’t tells me they don’t have much patience which usually means they don’t have a lot of bullets left.

office hours 🎣

imo bottom is pretty close. even if it goes another 10k, the risk/reward ratio is incredible even for traders. and damn you 4-yr cycle. works like a clockwork.

wen sat/cent parity?

i just don’t see a bull case for the shitcoin market anymore. my main reason is that there are barely any sane devs left in crypto. during the ftx, blockfi, luna era there was an insane amount of talent flowing into crypto projects. whether it was sustainable or not, money kept pouring in, devs were motivated and things were getting built. today most of that talent is gone. outside of a few large tokens like eth, sol, zec where insiders have massive stakes, i don’t see many legitimate devs working on crypto anymore. and those who work for these larger scams only stay there because they’re more focused on eventually dumping their tokens on retail rather than building products they believe. even if bitcoin enters another major bull market, i’m not convinced these scam coins will automatically follow along like suckerfish attached to bitcoin.

happy father's day y'all.

i dont know what to believe with this ai thing anymore. im probably more skeptical than ive ever been. i dont trust photos or videos anymore. literally zero. nothing feels real. the gap between real and fake is getting harder to see.

many people think bitcoin’s upside is capped and most of the gains have already been made. the next decade is going to prove them dead wrong.

office hours 🎣

still only 21m bitcoin tho

the 4 yr cycle must break.

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it’s not a bubble. it’s an unprecedented convergence of excess liquidity.

now that the world has minted its first trillionaire, there’s no going back. i genuinely hope every billionaire becomes a trillionaire. in fact let’s stop thinking so small. we should just skip the billionaires and make every fiat millionaire a fiat trillionaire.

office hours 🎣

friday 🍺

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imagine a catastrophic event a few thousands yrs ago nearly wiped out humanity. a small group with advanced technology and preserved knowledge escaped beneath the oceans and continued evolving while the survivors on the surface were forced to start over from scratch. over countless generations and continued evolution, the underwater civilization became more advanced, more adapted to their environment and eventually so different from us that they would seem alien. meanwhile, surface humanity rebuilt from primitive caveman, unaware that another branch of our own had continued its technological and evolutionary journey uninterrupted. if such advanced branch of humanity existed today, would they reveal themselves to us? or would they view us the same way we view isolated tribes like those on north sentinel. great to observe but best left undisturbed.