People really asking if the bull market is over.
My brother in Christ… what bull market?
Discussion
First year Bitcoin has had less than a 35% swing in either direction. Insane
right. we've had pumps and runs, but not a true bull.
Hasn’t even started yet
Liquidity injection incoming.
It'd be great if the increase in value came from somewhere other than just the money printer going brrrr, but I'll take it from wherever I can get it.
Countless high-time-preferencers about to get sweet-rekt 🍿
Shit year so far. Here’s hoping it turns around but also here’s hoping it drops further so I can stack more.
Is coiled spring? Is I gunna win?🥇
I have tons of respect for those early bitcoiners that have been in for a decade plus, especially having to go through the block size wars. There were certainly greater real chances of failure earlier on. But as a member of the class of 2021, I do think we have a special type of HODL power. Still waiting over 4 years for our epic run. But we still are never going back to the old system
You’d get a better return from a high yield checking account.
global M2 is up over 7% YTD. we’re basically red
My parents bought 1 BTC at 100k a year ago and are currently telling me they would have made more off interest in the bank 😂. I remain bullish af
The rip of gold in comparison to previous years is crazy
So.. next year red or green?
It was certainly the worst bull market cycle. I would love to hear some really good commentary on why it was so flat. I suspect that now that most people know about the halving cycle, the price hike was factored in pre-halving. There were 2 or three price spikes after the halving event but nothing like in the past. What does it presage for the price going forward? are we only going to see modest returns for bitcoin? Would love to hear some rational analysis on social media rather than the usual exagerations about price projections.
Zoom out and there has never been a bear market
Yes
The bear lives in your spleen
The bull live in the gonads
I'm literally shaking rn
Wow. If this data is correct, BTC is either the best or the worst returning asset every year. But cumulative or even annualized, BTC is still the clear winner. Hard money wins and volatility is your friend.
People want Bitcoin to money until it acts like money (stable unit), smh
PS pls check DMs
Look at the bright side: if you bought Bitcoin 1 year ago, spending it won't trigger capital gains
Can you say "paper Bitcoin treasury company"?
Exactly