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@cooki
you don't live and breathe the crypto markets for five years without starting to get a hunch for this stuff long term we resolve way higher of course
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how do you mean “long term” here?
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fiat credit has to keep expanding, this is just how those systems are built BTC/ETH is scarce with negligible inflation unless you think Ethereum is cooked for good there's only one way this goes, the denominator gets devalued and the price in fiat goes up by long term i mean months, years, and decades
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haha yes I understand, just trying to parse if you’re calling for a cycle top in december 2024
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oh right, i genuinely don't know At the moment I quite like Michael Howell's liquidity cycle theory (i like it 'cos it's explanatory and predictive), he says we're due to top in Q2 this year but idk https://www.youtube.com/watch?v=YHFPRnMhX2A
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haha okay gotcha, personally think cycle top in december of halving year is unlikely but wanted to see where you were coming from. thank you for the link!
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