plebiANON on Nostr: #Bitcoin has been marked by 4 year cycles where more people develop deep conviction ...
#Bitcoin has been marked by 4 year cycles where more people develop deep conviction over time, buy some, and then traders and GlObAl LiQuIdItY move the price around some growing true value to its hodlers. What’s never happened, will happen, and destroy every model, trading algo, and other stupid retail people buying and selling based on their cost basis, is when the actual land grab begins. At some point, when there are ten Michael Saylors, and then 50, and then 100. We have no idea where this all heads, or when that happens. Enjoy all the stupid metrics and cycles for now, but one day, it’s going to be so laughable that anyone even bothered with any of that.
Published at
2024-06-21 16:04:11Event JSON
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"content": "#Bitcoin has been marked by 4 year cycles where more people develop deep conviction over time, buy some, and then traders and GlObAl LiQuIdItY move the price around some growing true value to its hodlers. What’s never happened, will happen, and destroy every model, trading algo, and other stupid retail people buying and selling based on their cost basis, is when the actual land grab begins. At some point, when there are ten Michael Saylors, and then 50, and then 100. We have no idea where this all heads, or when that happens. Enjoy all the stupid metrics and cycles for now, but one day, it’s going to be so laughable that anyone even bothered with any of that.",
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