anon
@superanon
to the ogs, who have seen multiple cycles, does this cycle feel different?
6 replies
1 recast
15 reactions
anon
@superanon
we no longer have to deal with the volatility and hostility of p2p marketplaces, but their resourcefulness never translated to NFTs and other bubbles. but we're still rentseeking marketplaces, just for those luxury bubbles to dominate the attention, playing off currency debasement and irrationality in the least concrete way possible. it's not that different from last cycle, but it's way different from other cycles. we can't stop here, this is brainrot crashout territory.
0 reply
0 recast
1 reaction
Chinmay 🕹️🍿
@chinmay.eth
Nope. It's the same old cycle. This is not the super cycle. BTC ETF may have some impact, but feels like it will limit the upside and downside both.
0 reply
0 recast
0 reaction
₿Ξnbodhi ✦⁺
@benbodhi
Yeah people taking profit way earlier this time around imo. So many opportunities to blow things up massively with a strong bull vibe, like hold for even a few weeks, but people start cashing out much earlier than I’ve ever seen before, slowing what could be some serious momentum. And I have no doubt number go up attracts more people, so it seems like shooting ourselves in the foot to some degree. In saying that, there’s also so much opportunity lately. Feels kinda similar to 2017 ICO blow ups for me. With less of a “never fucking selling” vibe that bitcoin fostered back then.
1 reply
0 recast
4 reactions
mk
@mk
no
0 reply
0 recast
0 reaction
eatzebugs🎩
@eatzebugs
it feels so much worse and more dire, like everything could blow up tomorrow.
0 reply
0 recast
0 reaction
maxAPY - DeFi on autopilot
@maxapy
kinda, people aren't holding as long as they use to which shows many is fixed on quick money which doesn't put us OGs in a good space
0 reply
0 recast
0 reaction
