IAMOZZ retweeted
Bitcoin's last three cycle peaks all happened in November or December and were spaced four years apart.
Previous cycle highs:
10 Nov 2021: $69,000
17 Dec 2017: $19,891
29 Nov 2013: $1,242
If that pattern continues, then we would expect this cycle to peak in November-December of 2025.
Bitcoin has also followed a power curve for nearly 15 years. The power curve (law) forms a nice support line that I consider the intrinsic value of the network.
Each cycle, Bitcoin explodes above the support trendline and then returns to it during the cycle bear. The percentage amount that the price rises above the support line gets smaller each cycle.
Last cycle, in Spring 2021, the bull market started early, but we ended up with a double top that put us back on the 4-year timing.
We have never been as early as we are right now.
This time could be different. We have the ETFs, a favorable political environment, and Saylor (MSTR) borrowing every loose dollar on the bond market to buy more bitcoin.
But, this time doesn't have to be different. We could pause or correct for months while still aligning with previous cycles.
Be careful with all the new option products available to you this cycle. You could be right about your MSTR or IBIT price target and still lose all your money by misjudging the timing.
I'm just holding bitcoin in cold storage. It's not as sexy as some of the other strategies, but at least I know I'll still have my coins deep into the future. That is most important to me.
IAMOZZ retweeted
The #crypto community is hilarious… $XRP has a >$75B MC today & the $XRP community thinks $598 is realistic, >500X or >$37T MC. But, the $DAG community has a hard time thinking it will go to $3… 58X & >$10B MC. Just a 58X w/ who @Conste11ation is working with? Come on now.
IAMOZZ retweeted
In the last cycle:
$XRP hit a 120B market cap
$ADA hit a 100B market cap
$SOL hit a 75B market cap
In this cycle:
$TAO is still 21x away from a 100B market cap
$RNDR is still 25x away from a 100B market cap
$INJ is still 26x away from a 100B market cap
$KAS is still 27x away from a 100B market cap
$QNT is still 55x away from a 100B market cap
$EGLD is still 29x away from a 50B market cap
$ROSE is still 45x from a 50B market cap
$QUBIC is still 70x away from a 50B market cap
$CSPR is still 35x away from a 20B market cap
$AZERO is still 40x away from a 20B market cap
$DAG is still 50x away from a 10B market cap
$AGRS is still 51x away from a 10B market cap
$NAKA is still 62x away from a 10B market cap
$TRIAS is still 66x away from a 10B market cap
$SMH is still 67x away from a 10B Market Cap
$NXRA is still 87x away from a 10B market cap
$VRA is still 35x away from a 5B market cap
$ATOR is still 40x away from a 5B market cap
$SPACE is still 55x away from a 5B market cap
$XCHNG is still 62x away from a 5B market cap
$DIONE is still 68x away from a 5B market cap
$DNX is still 68x away from a 5B market cap
$ZEPH is still 70x away from a 5B market cap
$MNW is still 80x away from a 5B market cap
$RIO is still 50x away from a 2.5B market cap
$ANDR is still 62x away from a 2.5B market cap
$DEVVE is still 100x away from a 2.5B market cap
$METAL is still 50x away from a 1B market cap
$WTK is still 55x away from a 1B market cap
$AIPG is still 66x away from a 1B market cap
$ONI is still 71x away from a 1B market cap
We are still early.
What’s the word on the Flare/Spark airdrop everyone?? Didn’t it get moved from July to September I thought??
MAINNET 2.0 still on track 😉
From the CEO: What Matters Now. It’s all about the work, the people… | by Ben jorgensen | Jun, 2022 | Medium benjorgensen.medium.com/from…
#DAGCHADS I know things are tough out there but stay grounded. Mainnet will come when it is safe to do so. Looks like any holdups that might happen are due to exchange integrations, which has nothing to do with @Conste11ation but rather the exchanges & current market conditions
IAMOZZ retweeted
Yes @Conste11ation $DAG is a decentralized open source network and anyone that wants to build and mint a token will be able to (Still DYOR)
But did you node getting listed on @LatticeExchange $LTX will filter out any potential scams/Pump n Dumps
Vetting/Voting everything
For those of you that think the recent @Strongblock_io developments are in the name of sustainability, do the math. We have all been rugged. They are making it confusing on purpose but for the love of god don’t get tricked twice.
IAMOZZ retweeted
As a group, @Strongblock_io investors have plenty of capital to make something happen with regards to legal action. If we don't stand up now, this will never end.