I think part of the extra pain being felt was that never really happened. There was a big price pump in November 2024, and basically since then, there has been zero price discovery. It was just small moves up and every move up over a couple % just got sold or optioned or shorted immediately. There never was that euphoric exuberance where you knew everything was crazy and people seemed “greedy” per se. It was a year long grind very slowly upward and then a pretty quick drawdown.

I dunno bro there was like 10 different treasury penny stocks popping up each month, bitcoiners jerking off over genius/clarity acts, politicians getting standing ovations at the conference, seemed pretty greedy and gay to me

It was definitely gay. That’s for sure. I just saw it all as the newest grift. Maybe we are arguing semantics about “greed” vs something more like “irrational price action”. It’s just never really felt like that 2021 or 2017 insanity. It was just slow, boring, and gay.

Buy the fear

keep an eye on the news. big court case in Australia waiting a judgement. been going since 2013, basically one guy suing his mate for stealing his btc. the defence says btc is only information on a block chain, prosecution says its property. Aus govt has got involved because they've ruled it as property and charged Capital Gains Tax, but its never been ruled on so if it gets ruled as information, they'll have to refund millions in CGT. Aussies will flood to it to escape CGT. if ruled as property it will then have legal backibg as property then all the protection laws and insurances become valid so the Aus superannuation funds will be able to buy it. estimated total fund size is US$3.2 trillion. either way its ruled, expect a price bump on the next few months. think the case is down for ruling late July.

I'm always Bitcoin greedy 😵‍💫 is there a vaccine for my obsession?

Yes, throw your phone in the river

What a call back