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11 sats \ 2 replies \ @bitcoingraffiti 4 Jul \ parent \ on: Is MicroStrategy the bitcoin bank Hal Finney dreamed of? bitcoin
Maybe. I doubt though it's gonna play out like previous bear. Treasury companies and ETFs are still sucking up >2x the supply. I'm open to the idea that the cycles (as we know them) are over. The fact that this bull run has remained tepid, bolsters my belief. But if exuberance returns only then I'll expect another bear. Yet price action remains mellow currently.
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0 sats \ 1 reply \ @Bell_curve 4 Jul
historically the best returns have been Q4: oct nov dec
this year is only half over and it's premature to say "cycles as we know them are over"
I think
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11 sats \ 0 replies \ @bitcoingraffiti 4 Jul
I didn't say cycles were over. I said I'm open to the idea they might be over.
I.e. I'm assigning a probability that this time it will be different.
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