#Bitcoin going to 60K this week would be a bigger percentage move than going to 85K. That's a ballsy call, and it's never a straight line, especially after chopping down for so long.
So I'm not focused on selling. My rule right now: focus on buying, be bullish.
the only way to move forward is to declare a multi decade time horizon for yourself to "make it." anything less is blatant insecurity and a self induced handicap. The permanent underclass meme has done insurmountable damage to young people.
violently reject it and save yourself. Anyone that disagrees has slop to sell, just get good.
i've been trying to figure out why the 2026 drawdown feels so much more personal than 2018/2022 even though it’s not nearly as bad price wise. my take:
a lot of people on here have decided there's now a clock running. ai is coming, the door to escaping the middle class is closing, and if you haven't made it in the next couple years you're on ubi as a pleb forever.
i don't know if that's true. but it doesn't matter if it's true. people here believe it, so they're putting a deadline on themselves and when the market doesn't cooperate on that timeline it feels like they’re missing the last train out of a burning town rather than “just a bad few months but we can recover”
this also explains retails pivot to memes as a “fast track” to making it.
add instagram to the mix. 22 year olds in mansions and lambos all over your feed, most of them you suspect got there by rugging people like you.
envy is one of the strongest emotions there is, and envy plus a ticking clock is my guess to why we are seeing crash outs instead of just "this cycle sucks but we’re all in this together bros”
it truly is diff now
Crazy how Robinhood literally PnD'd their own chain, hurt their brand and then acted like it never happened.
Completely insane behavior from a $100B+ company.
Their crypto team is beyond incompetent.
We've derisked quite a bit. After derisking higher we kept re-adding. That has completely stopped.
This isn't purely an alpha based call. I don't have a good read on the market, we're up a lot into year end and want to crystallize gains, and I'm worried about what's coming.
Short term, crypto may be uninvestable. Democrats are probably going Gensler 2.0. There are plenty of nasty outcomes:
- DATs made illegal and forced to unwind
-Warren Banking Oversight
- Protocols pushing memecoins getting prosecuted
- Privacy tokens treated as hostile
Mid to long term, this is obviously a net good for Bitcoin. Democrats will likely accelerate spending and fiat debasement, and the industry may come out better once it gets "cleaned up."
Expect a tremendous amount of volatility. It will present incredible buying opportunities.
Note: The democrats cannot replace the CFTC chair who has been ruling favorably for stock perps and DeFi generally, so some assets may not be totally evisercated.
a look at Bitcoin's failed breakout, key support levels, higher-low setups, Ethereum weakness and Gold's recovery
0:00 - BTC failed breakout and downside risk
9:25 - BTC vs Gold and macro concerns
15:25 - BTC support, higher lows and entry setups
32:00 - Weekly bearish signals and key demand
40:05 - ETH weakness and Gold's recovery
november 9th, 2026
I view this as an admission of how bad the prospects for ETH the asset are. Vitalik is right to want Ethereum to be an SoV because it doesn’t make sense as a fee generating asset, the problem is whether or not it’s a good SoV (it’s not)
elysium, kinetiq's network built on hyperliquid, opens to the public on november 9. its plan sends 50% of sequencer fees, the fees the network earns for ordering transactions, to buy back and burn kntq, kinetiq's token. users pay gas in hype. so kntq demand is tied to activity across the whole network. aero, the merged aerodrome and velodrome dex, plans to deploy on day one, but its gain depends on trades reaching its own pools. no launch fees are measured yet.
Heavy in AI? You need an exit plan. You can't treat the Nasdaq as a passive investment.
AI has been way too hot for three years, and a 2000 dot-com style correction comes eventually, probably within three.
I don't have any specific picks now. I'm in crypto, especially #Bitcoin
Chamath: A data center freeze after the midterm election helps the hyperscalers (Amazon, Meta, Microsoft, Google and SpaceX) and hurts everyone who rents compute.
The hyperscalers already have built data centers and power, so a freeze makes what they hold scarcer and worth more.
Neoclouds and labs like OpenAI and Anthropic need much more compute every year to grow, and a freeze cuts off the new supply they were counting on.
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Full video on "All-In Podcast" YouTube channel, (link in comment)
With Vitalik emphasizing ethereum:native SoV charateristics we now have three mayor competitors to the $BTC singularity:
- zcash:native with the focus on privacy
- pearl-2:native with the focus on surviving the AI trade
- ethereum:native with the focus on decentralization / CORPS
Who will win?
Crypto has thousands of blockchains, but getting them to work together remains one of its BIGGEST challenges.
NEAR co-founder @ilblackdragon believes he's found a way to solve it.
From connecting blockchains to enabling AI agents to transact onchain, NEAR is building something much bigger.
But what does this mean for near:native and for crypto as a whole?
New Insider interview OUT NOW: https://t.co/262ETNL2bs