@21M1LL@AdrianoFeria@SolarEtherPunk Sure Tom Lee only started buying in the past year at the end of the bull cycle, Saylor has had 6 years to buy and is still underwater
@TheShortBear Has nothing to do with Iran. Markets are currently pricing in Fed rate hikes due to inflation + employment numbers.
Crypto is in the middle of the regular cycle bear market but QQQ is fresh off of ATHs
This revenue topic has genuinely one-shotted CT
While CT argues about the P/E ratio of blockchains (lol), Fidelity is telling their institutional clients with billions of $$$ that blockchains are economies and $ETH derives value as a currency through a GDP-like lens
@TrustlessState@pinedegen@RyanSAdams It is. It's the same core thesis as someone being bullish on Gold because global fiat money supply always expands.
Perceived SoV + capital presence = price appreciation
That's it
@Mikey_Diesel@JonAguiar They're down like only -40% in the depths of a crypto bear market
If this is your first cycle, chill out and wait. He will be called a genius next bull cycle.