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This proved to be correct. The bottom is only in when Saylor capitulates.
I have high conviction that this is a dead cat bounce, and we’re officially in a Bitcoin bear market cycle.
Would love to hear thoughts from @ZeroHedge_ @CalebFranzen
Vinny Lingham
35K posts
Vinny Lingham
@VinnyLingham
Entrepreneur. Armchair Economist. Practical Contrarian. Budding Poker Pro. Chairman & Co-founder @PraxosCap, @xash @rumidotai
- Twitter is broken. It’s the only social network where you can have hundreds of thousands of followers and <100 likes on a post. The feed algo is either malicious and enabling censorship (aka “shadowbanning”) or is just broken. Interested to see if/how @elonmusk fixes this.
- This is why Ethereum is broken...I just tried to mint an NFT on a new drop.
- This will likely go down in history as the most expensive tweet ever. It probably cost the State of California around $5bn this year in lost taxes from @elonmusk, and probably more from other Tesla execs who left California. Nice work, Lorena!F*ck Elon Musk.
- Call me old fashioned but I don’t think the government should be pumping our crypto bags with taxpayer money while we are running a near $2trn deficit…
- Two Twitter Rules to live by: 1) Don't start arguments you can't win in 140 characters. 2) You can't win any arguments in 140 characters!
- My mom passed away earlier this week. Regardless of what happens in crypto over the next week or so, please don’t mistake my silence for anything other than me needing some time to disconnect and mourn. Thanks for all the warm messages of support so far - it’s been overwhelming!
He is a very promising candidate- This feels like September 2017 again...who remembers what happened next?
- If Bitcoin can hold the $6200 level for the next 24-48 hours, then the bear market is officially over and I’m going to become a raging bull!
- The best time to sell is during euphoria. The best time to buy is during panic. The challenge is to keep a cool head during both phases.
