Managed to get a physical copy of Angel's Egg before they were forced to stop selling them due to legal issues. This came out way back in 1985 and is still affecting media today with its gothic fantasy style. Elden Ring is one huge example that drew inspiration from this.
So I bought a house. When I did my 2nd viewing before closing this ceramic frog was on the fireplace. It wasn't there during my 1st viewing before my offer was accepted. I confirmed in the photos I took. I asked the realtor and the owner if they knew how it got there. Nobody knew. Honestly it gave me some comfort I'm on the right path. The frogs have never led me astray.
1) Lost decade 2) Monetary debasement (end of Bretton Woods) 3) Two major crashes transitioning from 2 to 4 4) Tech revolution (Internet) 1) Lost decade 2) Monetary debasement (Quantitative Easing) 3) Two major crashes transitioning from 2 to 4 4) Tech revolution (AI)
The 4 year cycle is perhaps the single most widely held belief in crypto. If they're wrong, hooo boy that's a setup for a lot of people to be offside. Add in rate cuts, stimmies, QT ending (*possible* QE starting), new Fed chair, etc and the setup is quite juicy.
It's easy to write off the people saying we haven't had the "real" bull yet as idiots. Just point to BTC being up 8x and laugh at them. But for the first time ever we've had a BTC run without some of the major coincident factors that have ALWAYS been a part of BTC bull cycles. It's prudent to at least acknowledge this, ask why and ask how you believe this may affect future outcomes. It's a fact that some very significant things were different during this BTC up cycle, so I implore you to consider how they might be different in a down cycle or if we're even in a down cycle as we know them.
While price was trying to dig to the center of the earth we got: -Major ETH scaling upgrade -ETH staking ETF progress -Clarity act progress -JPM launched a new BTC "bond" -JPM allowing BTC+ETH collateral -Vanguard/Schwab offering access finally Price ⬇️ Fundamentals ⬆️
Maybe I should make a thread of all the things that have been weak/bearish for a while now. Here's a major one. Equal weighted S&P is simply at the same place it was last year.