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ALΞX
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In 10 years there will be a load of people that went broke gambling on shitcoins, telling stories of how they could’ve bought $BTC under $100K but fumbled.
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Two rich ugly overweight guys that didn’t get enough love from their dads and have a massive chip on their shoulder are fighting. Interestingly $BTC is still over $100K and is still designed to free you from enslavement at the feet of these false idols.
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The pros of crypto is that it removes barriers to entry. The cons are that it removes barriers to entry. But in the end capitalist systems and the market will do their thing and create new forms of distributed market efficiency.
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I don’t know why people give $ETH a hard time. It’s the best coin ever. You just buy it between $1K to $2K and sell it at $4K and repeat until it stops working.
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Why is PumpFun raising $1B at a $4M FDV? The answer is simple; because they can. I’d do the same if I was them. This industry is all about greed and extraction. They’re just better at it than everyone else. Can’t hate on that.
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Going to be interesting to see how the $BTC monthly closes. What looked bullish could risk turning somewhat bearish in the final hours.
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