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Replying to Avatar WhiteRabbit

It's funny how cyclical markets are, bitcoin is no exception. Bull market is back:

- New obvious scams appear (NFT's on bitcoin, "rare" sats, BS layer 2 hopium)

- People start pumping charts and TA (S2F is back! as well as numerous other models)

- Brian Armstrong reminds us all he has no soul or direction other than dumping garbage on his customers

- New personalities with giant ego's who haven't learned the lessons of past lead newcomers to getting rekt

- New ways to outpace BTC growth (MSTR stock, previously options market)

- Ethereum is still hot garbage and an unregistered security but now SEC would like to cement that status finally

Obviously gigantic changes with ETFs and general perception of bitcoin but most all the pitfalls of bull markets are reincarnated every cycle.

The real psychos are here still just ignoring the noise and stacking sats.

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Vake 1y ago

It’s crazy how many new bitcoin influencers have come out of the woodwork to do the podcast rounds in the last year.

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