@yourfriendSOMMI That was when the FED announced they would begin tapering and would respond to inflation if need be, which people saw as inevitable and imminent.
@yourfriendSOMMI Well, if trad fin corps have turned into degens like crypto insider bag dumpers, then yeah. They don't need to exit scam though as they have the the Cantillon effect and monthly 401K inflows. Also NVDA completed a 45% drawdown last April, and nearly no one noticed....
@yourfriendSOMMI Does make sense. Imagine how bored and annoyed everyone would be, and how abandoned BTC would be. Could give us the final rinse of the drunken Saylor. The Tether Dom chart looks a bit like this: the wrong kind of banana with a break out; still expect it to go down though....
@yourfriendSOMMI The AI companies use overblown claims and fear hype to launch their products. The market still seems to forgive them as do companies, even though many have been wrecked by AI early adoption. Look into Jevons paradox....