Goban

Tech investor

[Iain Cameron @theiaincameron]

I struggle even to watch this.
https://t.co/kqnXJ1V8HB

[Alex Krüger @krugermacro]

Some thoughts on the current crypto cycle

#1 The crypto cycle has been almost entirely driven by the bitcoin ETF.

#2 ETH has been a major disappointment, but it has performed well overall for stakers and airdrop farmers.

#3 Solana established itself as the chain of choice for retail traders, demonstrating perfect product-market fit, overtaking Ethereum. Then it became congested, stopped working, and crashed.

#4 Then came Base, positioning itself as a legitimate Solana competitor on the retail front.

#5 Memecoins have dominated the narrative, alongside Bitcoin. Most have now gone to zero. However, large-cap memecoins rank among the strongest performers of the year, still exhibiting significant returns despite the correction. Memecoins have established themselves as a viable asset class in their own right.

#6 There has been barely any new retail coming into crypto. It's been mostly ETF buyers and previous cycle participants redeploying and going out the risk curve.

#7 Most crypto market participants missed the Bitcoin ETF run due to PTSD (post-traumatic stress disorder). Too many then went all in on altcoins, to compensate for the missed bull run. They deployed late and poorly, going in larger at higher levels, and are now seething and at a loss, as too many altcoins have given up their entire 2024 gains in the last month.

#8 The market started to get flooded with both scammy memecoin launches and cash-grabbing founders around February. These founders focus on making a quick buck and generating short-term hype rather than on longevity.

#9 There are too many layer 2s. These have become commoditized, and with a few exceptions, most are wildly overvalued.

#10 The cycle is not over.

[Goban @TheGoban]

"Integrating Bitcoin into the Swiss National Bank’s (SNB) official foreign reserves, positioning it alongside gold"

https://t.co/tDfFJKeoIo

[Wall Street Wolverine @wallstwolverine]

Los jubilados son los únicos que ganan poder adquisitivo desde la crisis de 2008 en España.

[Wall Street Wolverine @wallstwolverine]

Un hombre con parálisis del cuello para abajo juega al Mario Kart usando un implante cerebral de Neuralink.
https://t.co/kAYXXSq1O1

[Wall Street Wolverine @wallstwolverine]

Nayib Bukele: “Si el Gobierno puede imprimir dinero ilimitado de la nada, entonces ¿por qué cobra impuestos? La respuesta es sencilla: El problema es que están pagando impuestos altos solo para mantener la ilusión de que así financian al Gobierno”.

[Chainlink @chainlink]

Assets evolved.

[Steve Burns @SJosephBurns]

Remember, in trading, the battlefield is not the market; it's your mind.

[Goban @TheGoban]

...

[U.S. Securities and Exchange Commission @SECGov]

Careful what you read on the internet. The best source of information about the SEC is the SEC.

[Goban @TheGoban]

This western generation have lived three FED masive devaluation seing hopeless how their assets value are totally controlled by third-parties. If Binance finally bail out FTX, western will regret to hand over huge part to crypto market (new genaration money) to non-western hands.

[Goban @TheGoban]

For the people bitching regarding @elonmusk taking @Twitter.. The idea of economic powers controlling media could be discussed, but is it really new?? The value of any asset is valued by the offer (people), so control the people and you will control the value. Just that simple

[Goban @TheGoban]

@zerohedge This + Tesla last Q + us unemployment rate. People's hope = cognitive bias

[Goban @TheGoban]

@zerohedge

[Goban @TheGoban]

@TheCryptoDog People say that @elonmusk will be hiring for @Twitter

[Goban @TheGoban]

Prince Abdulaziz about not increase energy production "it was a tough lesson for us (talking about 2008)" "I cannot try, we have been through it". #FII6 https://t.co/setSO4kfyr

[Cointelegraph @Cointelegraph]

That is A LOT of money!

[Goban @TheGoban]

@moritzadler @concodanomics That is why we are decoupled with SPX and NASDAQ LMAO. Hope u are rigth just dont believing it.

[Goban @TheGoban]

@100trillionUSD Not argue that is not big news, but energy drop prices due to full gas storage could mean something

[Dylan LeClair @DylanLeClair]

Sovereign debt bubble unwind.

[Conks @conksresearch]

Bond markets are growing increasingly unstable, and many have warned of a "sovereign debt crisis" unfolding. But monetary leaders now possess numerous tools to prevent a disaster. The Great Sovereign Debt Intervention™ is upon us... 1/