@mac_eth If every model response involves onchain settlement, wouldn't gas be a substantial % of costs in agentic workflows with so many small tool calls? `ls` or `read` is like $0.00001 worth of tokens. Would it still be $0.001 in gas?
@krugman87 But that alone isn't a signal; a lot of people have gotten rekt this cycle trying to fade "capitulation sentiment" (e.g. ETHBTC for almost 2 straight years)
TL was depressed and pivoting to stocks months ago, in retrospect now that was the right move
@gammichan Furthermore, alts have had multiple short bull and bear markets in the past 3 years. Any alt traders who've been clinging to the 4-year cycle as a roadmap have gotten rekt
@gammichan I'm with you Gammi, I think the 4-year cycle pattern broke long ago. We had a mini cycle in 2019, a double bull run in 20/21, and an ATH before the halving in 2024. All of those things violated the 4-year cycle thesis
@simpelyfe I didn't find their categories very useful. Their philosophy seems to be "keep adding more labels." LLMs can help with better categorization though
@powerzero@DipWheeler Same reason it's been underperforming for so long. All Fartcoin bulls were longing on leverage instead of buying spot. See the OI wipe compared to others:
@tradebutwhy I'm concerned that this only strengthens the main bearish thesis: why should new money come in when we pump less and dump more than any other asset class