@TheRealPlanC The 4 year $BTC cycle isn't a narrative, so far it's fact. And $BTC adoption and network value continue to increase steadily as they always have
@benjamincowen@HealthRanger@elonmusk I doubt it. It's economically impossible to have communities on the moon. Nothing needed to sustain life is available there, conditions are lethal. Even the low gravity will negatively affect humans.
@Clownin0nEm@BobLoukas Check out BTC power law growth equation from Giovanni Santostasi. BTC has been following it since the genesis block. BTC price does 10x every 8 years, so $145k in 2029 is too low. Should be about $1 million by 2033
@brett_eth Your chart clearly shows that $BTC price rises parabolically from when ISM breaks above 50 to when it peaks. ISM has just strongly broken above 50
@benjamincowen Your take on ISM may be your 'lengthening cycles' this time around. We could get a strong altcoin rally in the coming weeks/months. Even a rally of only several weeks would make a big difference to many investors, even if it's beneath you.
@benjamincowen@AndreaCapellin4 Many alts had incredible runs of 40-200x in the period 2022-March 2024. You dismiss this opportunity with a smug 'not YOUR alt' comment. You may choose not to invest in them, but others can learn how to do it successfully. As with any asset, you have to learn how the space works.
@LuckyMrRai@egrindhe@dotkrueger The power law of growth $BTC has been following since the genesis block indicates $1 million around 2033. See Giovanni Santostasi's work for reference
@Crypto_Nolt @DDunkelziffer @modern_s0crates@Umbrae_Ignis@base@solana Thanks for breaking down the numbers. I too was under the mistaken impression that #U1 holders weren't getting much revenue share compared to NFT holders. Like you say, the revenue share design is very nicely thought out
There is some really low IQ FUD by accounts going after #U1 (mostly accounts in Vietnam).
Firstly, thank you, because the dip you caused had been very profitable for me, my followers, and my community. (Unrealized profit, but still, the position we are in for future gains is wildly good RR!)
Secondly, after reading all of the FUD comments and posts on this topic, and the responses to the FUD, it is VERY CLEAR, that the fudders are bad actors who either are jealous of @EfficioiVitae & @Umbrae_Ignis and its potential, and/or sold at a loss and now can’t deal with their reality they created for themselves like mature adults, instead of throwing tantrums, like children. Maybe they are children. Would explain a lot.
I believe most of the FUD is from salty people who sold at a loss in panic and now are pissed off that the price is recovering and left them behind.
Why do i believe that?
Because if you do your due diligence into the people who are now fudding, you will see that only a few days ago they actually super bullish and shilling to everyone in sight on X! But all of a sudden that changed. The obvious answer is that they sold for a loss and now are really upset at themselves so they are lashing out.
Which is very unfair for the dev, team, and project as a while because they have been extremely transparent, honest and hard-working for people like myself who actually believe in what they are building.
I believe in $U1 and the @Umbrae_Ignis project.
I’ve seen enough proof to have this positive outlook of the project regardless of short term early volatility in price action (how many huge drops has awesome projects like $AVICI or $TIBBIR gone through recently for example? Many).
And the $U1 price recovery (already more than 2x up from bottom) backs it up. If something legitimate ever changes for the worse then I’ll reevaluate and change my opinion.
Until then, I am continuing to stack up my position, especially under $10 million market cap, because the potential for $100m to $500m mc within the next few months is massively bullish. That’s just the reality.