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BoomTown
npub1h4lr...2jcm
scarcity requires trade-offs.
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BoomTown 8 months ago
“Long your longs.” -David Bailey, January 18, 2025 Bitcoin price: $101,000
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BoomTown 8 months ago
At a dinner tonight, the US Treasury market came up. I characterized last week as a collapse that required Trump to fold his hand. An old wealthy real estate guy, balls deep in a real estate PE vehemently disagreed with me, saying that the treasury market was fine and that “he checks it 10 times a day” he would know … unrelenting, I pulled up the Apple stocks app 10-year US treasury chart and showed him that it collapsed between April 7-April 9 which coincided with Trump blinking on his tariff strategy … he quickly changed the subject to something totally unrelated with the other 3 guys in the group. After about 5 minutes, I asked if we could revisit the treasury market discussion. He aggressively embraced my upper arm a couple times, looked away and proclaimed that “he wasn’t going there again” and then walked off to “get another drink.” We’re winning and they know it.
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BoomTown 8 months ago
The influencer class was 100% wrong about the bitcoin market since spring 2021 yet they persist.