brypto

Bitcoin has passed Amazon in marketcap! Apple, you're up next...

I like pleasure spiked with blockchain and music is my aeroplane. It's my aeroplane. @pizzadao underboss. /politics & /memes mod. Featured in "Number Go Up"

Ethereum

Would be nuts if BTC flipped Nvidia this cycle, given all the attention on AI atm.

Horticulturalist. Environmental hand wringer. Open source enthusiast. 

mfer #9187

BankrCoin

I think it’s happening. Bitcoin will probably rise further. Gotta understand that rates have been frozen above 4% since we hit 100k.

Go Memphis Grizzlies | Ave Caesar | Accidentally Defi | Ludosopher | Building @etherguild

augustuscaesar

That would mean BTC would be 202k, and that's assuming Nvidia stayed at current price.

I just saw that Saylor didn't even buy this past week cause he's out of fiat for the moment. Crazy we hit 123k without him.

I wrote this a while ago but it’s how I saw global liquidity at the time. This is about to be an insanely long run & I don’t foresee it ending for some time.

I wrote this a while ago but it’s how I saw global liquidity at the time. This is about to be an insanely long run & I don’t foresee it ending for some time.
https://paragraph.com/@fiatfudder.eth/in-the-long-run

I dunno man, not much of what you predicted here played out in 2024. The US barely lowered rates, other countries lowered theirs. And what you saw in Oct 2023 was merely people anticipating that the spot ETF was coming. That certainly cause a run up in early 2024, but then there was months of sideways movement before people excited that Trump would bring about clearer regulatory environment. This cycle almost seems like a triple top, or a chopped up run (ETF run up, Trump v2.0 run up, and then whatever we are seeing now)

The super cycle assumed that there was going to be a whole bunch of people coming onchain. I’m not saying that.

I’m saying that global liquidity isn’t slowing down as long as the US is paying > 40% of its revenue in debt an interest. How does the federal reserve continue reducing liquidity? How is there any deflation allowed over long periods? How does inflation settle at 2% vs 3%? The money must keep being printed. 

Furthermore, global trust, in the form of the US Treasury is dead. Bond selling off and Bitcoin rising is a break from long term trend. I think the Bitcoin hyperinflation theory is what we are nearing.

How is a "permabull" different from the super cycle idea?

I think a 2012 - 2016 level permabull market is coming to crypto. I was wrong on how it would happen (I didn’t expect Trump to kill USD Hegemony).