Has a March 2000 feel to it. CMGI, Webvan, Etoys, JDS Uniphase, VA Linux, all started collapsing. Palantir, down ~ 30% in two weeks. Hmmm…..

AI is promising but it’s in the price.

GOTTA LOVE THAT THERE IS ZERO PANIC ON NOSTR ABOUT THIS BITCOIN DUMP.

STAY HUMBLE AND STACK SATS.

Build you fools. Build as if your life depends on it (it does).

Imagine panicking when your local store has a sale event and discounts its goods by 30% 😂

The idea of a ‘deep bear market’ with bitcoin in the $80k range is both laughable and ridiculous.

Like zoom out and see what is being built.

Never has there been a greater opportunity to build substantial and meaningful contributions on top of the most important economic and financial innovation created since double entry accounting itself. There are mountains of capital to be created for those that are willing to put in the hard work and take the risk on building on top of what they believe in.

STAY HUMBLE AND STACK SATS.

This cycle is different.

My friends started texting me they are buying the dip instead of texting me panicked worrying that Bitcoin is dead…

They are now thankful for cheap sats. Slowly but surely minting new bitcoiners🫡

Pro tip: when the price is down just don’t look at it lol 😂

Oh my…

Did the US REALLY lose $1 billion in BTC?

The US may have lost access to $1 billion in BTCs due to mismanagement by the US Marshals Service. The agency is said to be using inappropriate tools, such as a simple Excel file and emailing deposit addresses

I only check the bitcoin price a few times per week now under normal circumstances, but I saw a ton of people whining about it so of course I saw the recent breakdown.

I sometimes throw a few extra bucks at it on top of my normal dollar cost averaging when there are heightened liquidations.

In the prior consolidation, Bitcoin peaked in March 2024, consolidated for a while, then broke down in September 2024, before breaking out to the upside about a month later. Technical breakdowns mean little. Charts are useful sometimes, but mainly for those who don’t know what they own.

I like technical breakdowns when the fundamentals are still solid. It lets out froth. A lot of the post-election stuff is struggling, which is normal. That’s why I faded the hype originally. When all of it weakens, I’m still here.

Still adding for the long run.

So Samson Mow is the Jim Cramer of bitcoin then?

I’ve been trying to actively seek out the arguments against bitcoin again lately, and sadly, I am just seeing all of the same BS rehashed over and over.

It’s sad that these people won’t just bend the knee, eat the crow pie, and admit they were wrong and that bitcoin changes everything.

This is the real existential angst of what Bitcoin does and is, and it demands that you go through the deepest levels of philosophy and first principals thinking to accomplish it, of which many are unwilling to do; which is why they are either no-coiners or shitcoiners.

when number go up?