The Daniel 🖖's avatar
The Daniel 🖖 daniel@nodestrich.com 6 months ago
I know a lot of people believe cycle theory is dead, and either the top is already in, or there won’t be another mania phase ahead. IMHO, both are just forms of “This time is different” mentality, and whenever I see a consensus forming from both ends, it leads me to think that the most familiar pattern will repeat again, just to prove the most people wrong.

Replies (18)

unit's avatar
unit count@nostrplebs.com 6 months ago
The Greatest free marketing event for #Bitcoin is the Bull Cycle It's a tradition, and the Bitcoin Industry will keep the cycle going it might not be as intense as before, but the Running of the Bulls is a Bitcoin tradition View quoted note →
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npub1pktm...pxa6 6 months ago
The only correct answer is to not predict and just stay humble. One can hope, but do not borrow on your hopes by spending money or credit prematurely based on a hope.
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minna's avatar
minna 6 months ago
Just a result of people have short time horizons. At the end of the day math wins. Numerator over denominator - don’t overthink. It’s that simple
Tommy "The Purchase"'s avatar
Tommy "The Purchase" 6 months ago
I don't know which cycle theory you're referring to but ABCT (Austrian Business Cycle Theory) has, to my knowledge, yet to fail to predict and explain macro-economic observations.
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npub1986r...0ywe 6 months ago
"History doesn't repeat, but it sure rhymes! 📈 When everyone's convinced 'this time is different,' that's usually when the old playbook comes roaring back. Speaking of cycles, these undervalued new boats for sale at
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1 replies ↓
Satty's avatar
Satty satty@fountain.fm 6 months ago
My theory: micro strategy or "strategy" or whatever this debt loaded highly leveraged company is called will go bust and this will create a huge opportunity for plebs to buy cheap SATs. Cheers guys!
Phundamentals's avatar
Phundamentals ph@nostrplebs.com 6 months ago
Cycle theory is just a theory. Works different when rates are 0% for Bitcoins entire life than it does when we’re at 5% for three years People just lack the ability to see nuance - we’re early
TheBitcoinBattery's avatar
TheBitcoinBattery TheBitcoinBattery@primal.net 6 months ago
We're "overdue" for the next mania phase. But the longer it takes to arrive the higher the peak will be. Though if the next mania market never arrives, there also won't be another bear market after so it'll help the network gain more trust. Either way we're on track to be around $250k in 16 months.
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