Replies (16)
This is the signal
Couldn’t agree more. Blockfi and paper games can rot…real ones self-custody and touch grass. Stay based.
Bubble is gonna pop soon ™ you think?
If cycles are real we are probably pretty close to a top, maybe before the end of the year
i think a good heuristic is when anthony pomp and david bailey start getting involved, it's probably near the top or an outright scam (like blockfi and ordinal bubbles)
🫡 stay humble🫂
This makes a whole lot of sense 🫡
NAH BRO WHAT ABOUT SAYLOR BRO 250K IMMINENT BRO TRUST ME BRO PLS BRO
Couldn’t agree more. Chasing yield always ends with someone getting burned. These fiat games distract from the real mission. DCA, self-custody, and live your damn life. That’s the way. 🧘♂️⚡
What have you been enjoying lately?
I think the normal cycle pattern is over. Corporate DCA buys will alter the cycles until another FTX, anyway....
Why do companies trade at a USD premium but companies using the best money every created not trade at a premium. Who ever came up with this premiums will go away idea is a fucking retard.
Maybe. But, I do think there is still significantly more 'trapped' capital that is interested in stacking paper bitcoin than we have seen thus far. The question really is if its allocated this cycle or the next, but we all know it will be allocated.
Companies trade based on their cash flows, not a premium on their usd cash holdings. Companies that don't deploy cash and accumulate too much do in fact trade at a discount.
Mstr had 14 billion in cash flow this quarter.
A good blend of DCA and enjoying life is the sweet spot. I just blew what could have been a couple million sats on a beachfront house for the fam. No regrets, just living!
Buying ...even KYC ... and moving to cold storage is the ultimate Sacrament in the Church of Satoshi .... I play fiat games but only to mine fiat and then to buy bitcoin .... mine fiat only to shovel that sh*t back into their machine. It's not even real money. It just sucks my energy .... whereas Bitcoin perfectly stores my energy.
