Official Bitcoin Thread

[smedroc]

This is who you're competing against.

 

[smedroc]

This the founder of my biggest bag.

I LOVE having the cycle end in tragedy

 

[D Double]

This is who you're competing against.

I was watching the stream on Pump. fun for stream guy trying to get his token to 100m and then followed it up with the Andrew tate stream of him pumping random coins.

Not gonna lie, it felt like a local top
Pump Fun creators including live streams is genius though. They're cleaning house.

 

[shibadekobe]

 

[stick]

Caught a diabolical cook on this this morning. I've been tracking a whale who was early to Pnut and Chill Guy and saw him buy $ERBAI last night so I tailed him. Went 200k to 8m in like 30 mins just now and sitting at 5m. Not sure it's worth entering now but it is a cool story and a cute robot . Bubblemaps looks a little ugly.

Here's the whale's addy if anyone is interested- 5dDDSix4JDnGGRYxntQKpbnWzMyedu9euxy4Jc8D44yF

 

[fapmasterjr]

With Blackrock investing and collabing with Coinbase, what does that tell you??

I updated BLOG with my sentiment and new token added:



Lets get it!! Cycle incoming fast. Let me know what you guys are holding/investing in on BASE chain. Are you even on it??

 

[smedroc]

Bruh pumpfun is turning into chaturbate with the live streams... seeing some WILD ****

 

[heyson]

Curious to know what more knowledgeable ppl think. I’m not technical at all, but when I scroll ct I feel this about Solana. Especially with pump.fun and all the shenanigans. Solana is the most degenerate stuff. I’m glad I bought at $8 but I’m about to unstake everything and get ready to leave SOL. Wish I wasn’t spending so much like a doofus

 

[tkthafm]

While all eyes are on BTC/SOL I am loading up heavily on ETH, with leverage.

Especially love to see all the negative sentiment and “eth is dead” comments.

Anticipating the usual pattern where BTC dominance tops off and ETH starts ripping faces off, as has happened in January of each past cycle.

 

[mplsdunk]

Leveraged eth is wild

 

[johnnyredstorm]

Eth is dead in terms of NFTs never recovering and defi losing its allure. But it’ll pump off here and probably double its ratio. Good buy honestly.

 

[smedroc]

While all eyes are on BTC/SOL I am loading up heavily on ETH, with leverage.

Especially love to see all the negative sentiment and “eth is dead” comments.

Anticipating the usual pattern where BTC dominance tops off and ETH starts ripping faces off, as has happened in January of each past cycle.

That's a big boy play.

I was watching some technicals on BTC/ETH that would support this move.



Starts at 26.55.

 

[ajiiiplatinum]

gentlemen, you have to understand scarcity. Scarcity is what helps Bitcoin's price rise while other coins issued in the multimillions and billions stay static. This is the main reason I stopped messing with alts for the long term.

 

[mplsdunk]

Ohhh mr blue chip

 

[heyson]

L2s gonna eat the other L1s

 

[young safari]

Edging 100k

 

[stick]

Curious to know what more knowledgeable ppl think. I’m not technical at all, but when I scroll ct I feel this about Solana. Especially with pump.fun and all the shenanigans. Solana is the most degenerate stuff. I’m glad I bought at $8 but I’m about to unstake everything and get ready to leave SOL. Wish I wasn’t spending so much like a doofus

This guy is just fudding. His timeline is full of fud. He's probably bagholding ADA or something . Lots of blockchains have inflation by design. BTC, ETH, SOL, you name it.

BTC gives its "inflation rewards" to miners. ETH and SOL give them to stakers. Some blockchains have higher inflation, some have lower. Some are on a fixed schedule, some are on a decreasing schedule (like BTC halvings). Some have a cap on total supply of coins (like BTC), some don't (like ETH and SOL). More coins entering circulation means that the market cap could be higher while the price is not.

Using AVAX as an example, if it does a 2x from here to $80 it will be back at the all time high marketcap (~30b) but not the all time high price (~145).

Is this a bad thing? Maybe? Probably? I don't know. But he's acting like it only affects SOL .

As far as Solana being the degenerate capital of blockchains that's basically irrelevant imo. There are tons of variables but in the end, blockchains need users. Last cycle DeFi and NFTs brought the users and the chains that capitalized on that were the winners. This cycle memecoins are bringing users and Solana is winning by a landslide (for a number of reasons.)

Is it sustainable? Probably not. Nothing ever is. But don't let these holier than thou guys sway you. BTC is obviously in a league of its own but if you think blockchains/crypto will continue to be a legitimate industry then Solana is a great one to bet on. Just don't forget to take profits along the way .