To those saying some version of “just wait,” sure we could pull back a bit more, but calls for new lows anytime soon are silly. Pullbacks are consolidation within the current uptrend, imo.

From where I sit, I’m surprised crypto hasn’t pulled back more given weakness in equities and upward repricing in rates — bullish.

Enough time spent in crypto and you start to know by heart when different geographies are coming online for the day.

Something hits different about a market the world can bid around the clock.

Couldn’t have said it better myself!

Looking like it’s an alt rotation mini-season

And yes, we hold $STX

Placeholder

placeholder.vc

Repricing of overlooked opportunities happens fast in crypto twitter.com/cburniske/stat…

A plethora of highly valued L2 competition on Ethereum, while Bitcoin really only has Stacks and Lightning in the general-purpose L2 race (thus far)

And could it be more poetic that it was originally rejected by the Bitcoin Orthodox

Seeing a mindset shift occur, both within #Bitcoin builders and users — people fired up. Fee market coming to life, and with that potentially the long term security model, not to mention creativity blooming. Love to see it

We’ll look back on Ordinals as a moment that changed #Bitcoin forever.

Good insight from @fundstrat's FS Insight on what could be driving crypto of late.

What are the best charts on @tradingview, or publicly available websites, for monitoring global liquidity conditions?

The amount of $ETH staked will increase after the Shanghai upgrade de-risks staking — simple as that.

Love this depiction of $ETH PoW, $ETH PoS, and $BTC supply growth, too

Written by a suit, for the suits.

Example here:

Bitcoin maxis clamoring for censorship of JPEG data that the protocol clearly allows for is peak cringe.

Love it when people tell me they got into Bitcoin in 2007

Don’t get juked out— the trend for at least this quarter is likely up, not down

Soon™

Ranging in an uptrend.

To be "convicted" is to be "declared guilty of a criminal offense by the verdict of a jury or the decision of a judge." A far cry from conviction, mixing the two words makes me wince. If 2022 taught us anything, you want conviction, not to be convicted

twitter.com/cramertracker/…

After a lil weekend consolidation, $BTC looking like it doesn’t wanna keep resting…

I worry most about the “gamble + hodl + capitulate” crew. Savvy traders will do well, long term investors can still buy here or a bit higher and wait it out if they end up a tad underwater later in the year, but truth is the best already bought.

Every quality major and the dips are getting gobbled up pretty quickly — people covering or feeling under-exposed.

Forgot about this one! Time is a flat circle, strong spring of 2019 vibes is the correct pattern match ??

“Bull trapooooors” — tell me you didn’t get long enough without telling me you didn’t get long enough.

A strong $BTC rally coils the spring for everything else to fly, love to see it ??

Maybe they’ll translate cryptospeak for normies

Such a joy to see $BTC strong. $ETH is a beast and likely to outperform, but $BTC is the cryptoasset that pushes oxygen into the fire of crypto.

If you have a long enough time frame, and can withstand pain, then even trapped bulls can be set free in future yrs though :)

Whether this turns out to be a bull trap or not, depends on where you bought. For some assets, like $ETH & $SOL, I do think last yr marked the bottom, & those who bought there are unlikely to get trapped. But if $SOL goes to $80+ this yr & you buy there, then yeah, likely a trap.

When most say down, max pain is up. When most say up, max pain is down.

Rager @Rager

Max pain was up, not down

lollllll the man needs to get help, meanwhile we thank him for the alpha

Ahhhhhhh gap-ooooooorrrrrrr

Most conspiracy theories get momentum by catering to peoples’ predispositions and simplifying the way the world actually works.

Hardcore bitcoiners established #bitcoin’s credibility off-chain, but it seems most likely that blockchain-pluralists will extend #bitcoin’s credibility on-chain.

Bears gonna be really pissed when we gap up again

Jim coping hard

5% moves for two weeks = 2x

Sitting comfy

Anyone who says certainly with respect to a market move, is certainly wrong.

Oh my, @solana NFT trades are becoming more valuable in USD and SOL terms over time (h/t @ournetwork__ @chrislepensky)

Now bears will be caught in the vicious cycle of praying for pullbacks to go lower, not realizing the tides have shifted for a time and we’re going higher.

You’ve been on fire, Duck ??

Crypto & the ocean have the uncanny tendency to fire together in my life ??

Remember who held strong at the bottom, and who capitulated. Those are the people to listen to next time there’s hysteria in the streets.

$ETH flips $BTC next expansion, what % chance do you give this?

As if I weren’t bullish already…

$SOL up 2x since all the calls for $0

If I had to guess, this rally has legs. People were so downcast near the bottom that lots are probably poorly positioned, and may end up chasing if they can’t take the FOMO. Doesn’t mean we don’t get a retest later, but a hated rally for a time makes most sense here.

I hope you didn’t get shook by the fudders and stacked your coin(s) of choice

Tried to warn you, anon

Now true believers can focus

To the incoming tribalists, you don’t have to pick a side, you can just learn, or you can choose to support both, or neither

Now that we did this I’m getting so bullish on crypto the next few years it hurts

If ETH flips BTC, BTC will be the alt - fate loves irony

Ze coins don’t care so much about ze rumors anymore, hmmmm

Design for the silent rational majority, not the barking irrational minority.

Coin-pluralism alive & well

As an investor, you hold:

Look for where interesting experiments are happening with engaged users.

23/ While @placeholdervc has been a long-time supporter of Bitcoin and Ethereum, we have chosen to support Cosmos and Solana with similar levels of conviction beginning in 2022 because we believe they offer unique, but valuable innovation ecosystems to the mix

1/ Still longing $SOL while haters spinelessly pile onto the downside momentum. When @solana recovers, it's not me that will be haunted by the thought, "Instead of jeering, I could have been buying $SOL ~$10."

Seems some funds could be under distress, perhaps with redemptions, and partially liquidating into EOY.

Mercenary teams that get poached by money are rarely the best teams.

Every community worth being a part of has heavy amounts of controversy— it shows people care. Don’t get faked out.

Controversial chains tend to be important chains — if they weren’t important, they wouldn’t be worth talking about so much, positively or negatively.

Chin up, we’ll make it through — not yet Christmas for me, but Merry Christmas to the rest of the world

When you’re looking into an abyss that many others have already thrown themselves into, is when you discover whether you have independent conviction or were just a lemming all along.

And the older you get, the more susceptible you are to this trap it seems

Amit Mukherjee @AmitMukherjee

Most people will choose unhappiness over uncertainty.

$ETH will make its most serious attempt yet for #1 position next expansion.

Ryan Berckmans - ryanb.eth @ryanberckmans

Progress towards the flippening is looking good. The ratio has never done so well in a bear market

Don’t get me wrong, I’m a huge Ethereum believer, but not an ETH blockspace-maxi.

Will everything be built on Ethereum, just as everything was once supposed to be built on Bitcoin?

hodzod @hodzod_walrus

Replying to @cburniske

I agree that demand for blockspace will go up massively but what makes it such that rollups on ETH won’t be able to scale ETH blockspace arbitrarily? At which point you have to ask why there would be specific demand for non-ETH blockspace

Automated emailers are a plague - if someone doesn't respond after the 1st email and then a follow-up, what makes one think a 3rd, 4th, or 5th email is going to get the action they desire?

To all the haters…

The bottom reveals everyone's true colors.

FUD has recently hit hysteria levels equal to the mania levels of late ‘21

Watch out guys, I’m apparently a Fed now

Sofrito Colon JR @ShortinTheDevil

Crypto Twitter has no idea who the good guys are. You have been psyop'd Cobie is one of the biggest scammers hidden in plain sight. That @cburniske is obviously a fed, he had early videos of himself in a room, decorated with the USA flag where he was promoting.....

Show this thread

At least for 2022, the worst is behind us — time to rejoice

If only every government agent so understood blockchains

Many kneejerk-saying they won't buy here for XYZ reason. The same people will moan about how VCs get preferential access next expansion, when they had equal access this bear (relatedly, public mkt is more attractively valued than private mkt of crypto right now).

Can it be said that one more regularly drives price action? Does it vary by collection? Does it vary amongst chains?

To NFT collectors: what's the interplay between *quantitative* rarity rankings like rarity.tools influencing price, versus *qualitative* attraction driving price?

Perhaps Twitter is just the clearest digital mirror for our innate tribalism.

When we look back people will wonder why there were ever skeptics about liquid internet-native assets.

Relatedly, what are the coolest things currently being built on @Polkadot? Either already existing, or up and coming?

So @Polkadot is 2nd only to @ethereum in terms of sub-ecosystems, repos, and weekly commits by developers (according to @Artemis__xyz), but is perhaps least discussed amongst the major smart-contract protocols: thoughts on the reasons for this? gokustats.xyz/developers

4/ Saw much less of this strife in the bear of 2014/15 and 2018/19, in part because those that were around then were stronger crypto idealogues and less likely to stray. The current bear market strife is all part of the price of mainstreaming.

Can we not do it again, please

Price moves up a bit and all of a sudden the FUDders have gone poof

Ciao to the fairweather fans, see you next expansion

(and by justice SBF deserves, I mean jail time)

Keep talking, Sam-- it will bring the justice you deserve

Must be coincidental that he's suffering from memory loss and lack of information now, right @gabrielhaines?

SBF was all too eager to share details of Alameda's holdings when it led to billionaire puff pieces.