Official Bitcoin Thread

[stuntman mike]

and theoretically Ethereum as a platform for tokenization (but it doesn’t matter if no one is doing anything real).

if you have time, take a look into this. a project tokenizing actual real world assets. they’re offering a 4x return on a 3 year hold, with the funds being significantly over-collateralized. (def not financial advice - just for research purposes)

 

[shibadekobe]

 

[smedroc]

 

[mplsdunk]

Got this email. Gotta be a scam.

 

[johnnyredstorm]

I’ve sold more btc and eth, down to just my core holdings now and will wait patiently to exit completely. Feels good to not be disgustingly overweight.

 

[stuntman mike]

will wait patiently to exit completely.

it’s been such a wild ride since i first messaged you in 2021

hopefully we get enough of a pump this year to let me cash out enough for a nice family vacation then i’ll leave the rest and pray for RWAs to catch fire in 2025

 

[heyson]

Damn yall are talking about exiting completely?

 

[smedroc]

Damn yall are talking about exiting completely?

Market is a lot different then 2021 or 2018 so I don't blame guys for wanting to dip out.

Pure player vs player mercenary energy across the space.

 

[willypete]

I wish my bag was looking like most of y’all to be able to exit or contemplate it so I’ll continue to hodl

 

[sohi 23]

I can’t exit yet. I want to, but not yet.
Probably looking to exit entirely by this time next year.

 

[mplsdunk]

All I buy is btc for ****s and giggles these days. I’m not leaving but idc about chasing bags

 

[DsLee]

Not sure I’ll ever fully leave, but I’m aiming to take most profits after election season is over/Q1. Doesn’t become real until you realize the unrealized lol

 

[johnnyredstorm]

Btc makes a lot of sense, for me to exit that fully, I need 300k or more. Eth though, I’m really disappointed with and the industry as a whole. Just don’t see any of the ideas I had last cycle
Coming to fruition and I’m disappointed in the industry’s progress as a whole.

 

[essential1]

Btc makes a lot of sense, for me to exit that fully, I need 300k or more. Eth though, I’m really disappointed with and the industry as a whole. Just don’t see any of the ideas I had last cycle
Coming to fruition and I’m disappointed in the industry’s progress as a whole.

AMP

 

[heyson]

Some of yall really sold me as lifers and had me convinced.

 

[sohi 23]

Some of yall really sold me as lifers and had me convinced.

Long term, I still believe btc will hit 7 figures (eventually). I’m just done chasing all these other plays soon. I’ll sell and get back in 26/27 for the next run

 

[BIG LEEMELONE]

Why's everybody leaving?

 

[sohi 23]

Why's everybody leaving?

Thoughts from the local bottom (a week ago)
A week is ancient in crypto terms lol

 

[stuntman mike]

i can’t stand trump and jd vance but US crypto sentiment is definitely on the upswing.

 

[DsLee]

i can’t stand trump and jd vance but US crypto sentiment is definitely on the upswing.

Trump is speaking at the BTC convention in Nashville this month too, so it’ll be interesting.

I’ll always hold some of my worth in BTC. Recent month just reminded me **** can go south quick so it just seems responsible to be liquid as well for immediate needs, as well as future opportunities.

 

[johnnyredstorm]

Some of yall really sold me as lifers and had me convinced.

Well the reality is where we were as an industry 4 years ago is very different today, and not really in a good way. Zero progress has been made on app creation and use cases and instead all we have is a a tool for grifting and gambling.

Long term value prop is casino, tokenization for Wall Street.

But defi isn’t safe or secure for real adoption when it’s the equivalent of buying things online in the 90s without encryption. And the unforgiving nature of public blockchains just doesn’t work with real people and their real personal money.

Gaming not happening
Social not happening
DeFi could happen
Gambling happening

So what’s there? Changes the long term value prop immensely.

Bitcoin as a SOV yes
Ethereum as a platform for tokenization maybe?


Just not as exciting as it once was when there was hope and ideation.

 

[mplsdunk]

I hold btc because it’s a rigged game now that big business is involved.

I hold sol because gambling is popular.

Only reason I have anything

 

[ballinsam23]

Outside of memes, has any alt coin made it back to ATHs?

 

[smedroc]

Outside of memes, has any alt coin made it back to ATHs?

BNB & TON the only ones i know off top that set new highs.

Some other stuff like Pendle that were microcaps in the past cycle. For the most part though no.

This ALT run that folks are still waiting on has already happened imo.

 

[stuntman mike]

Outside of memes, has any alt coin made it back to ATHs?

BNB

edit: ahhh damn. too slow.