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Replying to Avatar Ben Justman🍷

The longer I’ve been in Bitcoin, the more the Stock-to-FOMO model feels like the right mental framework.

We’re in the middle, the most boring stage of Bitcoin price action. I keep thinking we’re close to the other side, but the middle might be longer than we expect.

Those who say Bitcoin price action will never look like the early days forget what their denominator is. Fiat only goes towards zero.

Until then, Bitcoiners who missed the early rise are left to patiently stack sats, slowly losing our minds on our way to Suddenly.

Thanks nostr:nprofile1qqs27tmg9agj3xv993n9flcxt2jqtfqazh3trjmvj9e3yds9w38sdespzemhxue69uhky6t5vdhkjmn9wgh8xmmrd9skcqg4waehxw309ajkgetw9ehx7um5wghxcctwvshusv9d for the chart

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Jake Woodhouse 2w ago

Similar to what nostr:nprofile1qqsfdjrhvhvspvtf7h7a30qeh7tmmrrdzcllg94gn4zuhd72cjxfgvcpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcpr9mhxue69uhhyetvv9ujumn0wd68ytnrdakjuct49ur0dzzk and I were just talking about

Patience is being tested

And things are taking far longer than expected

Our resolve is being properly ironed out

Being early doesn’t mean you’re wrong

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Ben Justman🍷 2w ago

Being too early is just the middle phase

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