@newstart_2024 This is good nutrition advice. And, the only thing that causes you to lose weight is caloric deficit. The 5-10lbs you lose week 1 is all water weight.
@anthonyjplays@readswithravi The numbers are bogus but the directionality is roughly accurate. Teaching something complex well in simple terms requires a reasonable degree of subject mastery.
It was sooo obvious the BTC treasury companies were going to be the source of over leverage when this bull market began. Although I’ll admit I thought Saylor would come out relatively unscathed. Still might I guess. Either way, the DATs collective are clearly the “Terraluna” of this cycle.
Given the direction of Microstrategy, I’d say we do indeed have more puking in the hopper.
For reals though, where does the demand for another parabolic, exponential extension come from? It doesn’t seem obvious to me. Particularly with hash rate tanking and miners turning to AI.
Maybe. The market has a tendency to mean revert to long term trends. And I would argue that chart demonstrates a meaningful trend.
That said, I’ve suspected for some time that the internet proliferating has also led to an exponential rise in market participants, thus having made many historic metrics and signals lose meaning. Sort of a “network effect of market participants” leading to an exponential rise in broad asset valuation. In that case, we should expect to see the curve in that chart continue to steepen until we reach “maximum participation”. On the flip side, demographics are a clear headwind to that thesis.