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beaniemaxi
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Polygon founder blames
Ethereum
(which it exists on) for its lack of meaningful progress over the past several years.
#MATIC
#ETH
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“I know it’s all gonna collapse but it’s still early so I have time” is the craziest investment strategy that I seem to always hear on ct. There’s no better counter trade indicator than sentiment around here. Both up and down. That’s the only alpha you need. Fade the retard herd.
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From promoting Bitcoin deposit schemes like Luna and BlockFi in 2022, to a new billion dollar Bitcoin treasury company in 2025. You cannot say that there weren’t signs.
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Israel launches attack on Ethereum Foundation.
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The only real existential risk to crypto anymore happens to be the same financial engineering that’s inflating the bubble. We’re back into peak froth. But the cycle end will be so much worse this time as contagion has infiltrated (and was crested by) TradFi. Enjoy while it lasts.
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Bitcoin and other crypto treasury companies are the new SPACs. The only people that got rich off the SPAC model 4 years later were those who created it. It’s financial engineering. It never ends well for retail. Most SPACs are down 90% or more. Only a few are above initial price.
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