midwits

a lot of people are talking about how this cycle is different

how we’re seeing these little meta bubbles emerge that span no more than six weeks before crashing down 

how we used to at least take the stairs up before free falling in the elevator

now it’s almost always an elevator round trip, but why?

the obvious reason is pre-inaugural uncertainty & volatility, but this is too easy of a cop out for me

to me, this feels more like normal industry progression; like the industry is maturing

except, just like everything else in crypto, this means the opposite

not only does it mean that the novelty is gone, but more importantly, that the belief is too

the multicyle folks simply no longer care: not about the big picture, not about changing the world—a truth too few & far inbetween

they’ve read this story before, in fact, many times over & they know that the hero always dies in the end

so they are no longer here for the tech & they are no longer here for a long time

they are only here to make it

Please read this old man's (35) thread on this cycle. The jig is up, emperor has no clothes. Ppl no longer "in it for the tech"

I've adjusted by focusing my large holdings on tokens that represent either an ecosystem(clanker/native) or legit app (fire/clankermon)

Memecoins will continue to rocket and melt faces but for me they are very hard to hold long term this cycle

Degenerate, professional mid-curver, wasting my time at a chain near you

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