Joth (@JothXBT) header
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Crypto & Culture Thought Student | All Things NFT | Reflective Insights on Digital Assets | @Labyr1nthhh_

Joined March 2021
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125k..?
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Are we really resuscitating FriendTech? It's like going back into an abusive relationship
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humans concoct lies to keep us living and finding purpose
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Selling Apple phones with pre-existing Telegram for $5,000 each.
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At this moment there are no normies buying your memecoin. It's still an extremely crypto native sector and the idea of selling it to normies don't apply in the current climate. Just a narrative to sell a story to others
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Crypto is struggling to find it's identity after the big cyberpunk upheaval. It thrives when central distrusts is at a high. We are in the cycle where crypto is slowly integrated into everyday life and yet optimism amongst the fervent believers are low
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Absolutely hating the trend of videos showing the ending at the start of the video to reel people in. Tech companies are cooking our brains hard on reward system/dopamine
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What do i do when i see these content? I immediately skip it
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Not again...
I survived the luna blowup so that I don't get caught up in the strc/mstr blowup
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Crypto bros has had many opportunities to learn that low float high fdv only goes one way on tge. Equity bros is in for the first inning
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There's a talking head about how the money supply is now evident on the streets through the lavish display of wealth by the select few observing F1 Monaco and Knicks finals ticket. Reality is that we have had uncontrollable amount of money printing the past few decades, more now than ever. Bitcoin was supposed to be the hedge of this hyperinflation. The return of roots and narrative for this is imperative as the gulf continues to widen, people sought to find the neutralising factor to bridge the two distance
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AI cannot hack Bitcoin
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In hindsight, if 10/10 did not happen, there can be an alternate scenario where btc could have rebounded and pushed past $125k as an ATH. As it stands, we were crippled as an industry that has been starved for liquidity by that event, and whilst this current liquidity vacuum due to the capital rotation is valid, what's also valid is that our drawdowns will be different from previous cycles (not 70-90% drawdowns). There will be a line in the sand after the clarification of the fundamental issues (Quantum) is cleared where BTC prices becomes attractive due to it's network effect
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In this crypto flush down, I'm looking for OG btc traders to come back to the space as price starts coming into the value zone. That's one of the tenet of a btc bottom signal for this cycle.
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Entire Crypto Market Cap - $2T SpaceX IPO - ~$1.2T There is a liquidity vacuum in the space. Sure, Saylor has been largely painted as the villain right now, however, there's a just a whirlpool of liquidity crisis that was exacerbated firstly with Oct 10th liquidation event
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When it's all said and done, isn't the fact that bitcoin is still solving blocks year after year with multiple attacks on the network showing it's class of anti-fragility? What other network can lay claim to this, and why do we forget bitcoin's longevity? Going forward, quantum conversation needs to be tackled, it is a WIP and forward thinking would be bitcoin network stands a better chance in being quantum resistant than any other networks out there.
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Chris has been steadfast and mostly provided honest feedback for the past 3 cycles. These targets remain very relevant now and when the death blow comes, don't get trapped in the moment.
I'm not a buyer yet, but if I were to be a buyer, imo the areas to watch for $BTC are: ~$80K: Nov '25 low, local low of this "bear" ~$74K: April '25 low, Tariff Tantrum low, just below $MSTR's cost basis (~$76K) ~$70K: Top of $50-70K range, near '21 high ~$58K: 200W SMA & on-chain cost basis (RV = ~$56K) ~$50K & below: bottom of the weekly range below, psychological, below this number you would see "death of BTC" calls once again Importantly, I don't care what happens. If we rally from here, I'll ride what I have and diversify my portfolio, if we fall apart I'll buy more $BTC & select cryptoassets.
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To put a parallel crypto context - The SpaceX, Anthropic, and OpenAI IPO this year will be a liquidity vacuum event akin to the Otherside mint, Trump and Melania coin drop within days of each other.
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I survived the luna blowup so that I don't get caught up in the strc/mstr blowup
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If btc reclaims it's consensus cultural importance again, then, and then we could possibly forge another strong foundation to the next level. BTC has lost it's identity the moment most got swamped with wanting the likes of Saylor buying in to prop the price
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I remember times when BTC used to correct 70%-80% and yet we still soldiered on in consensus that it'll be 'okay' and this is just price, nothing changes the movement. Now, the complete spirit of being part of a financialisation movement is gone
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If you do not know where the yield comes from, you are the yield
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