Post AwAzin59bx2SVaiqDA by gabriel@mk.gabe.rocks
(DIR) More posts by gabriel@mk.gabe.rocks
(DIR) Post #AwAzin59bx2SVaiqDA by gabriel@mk.gabe.rocks
2025-07-16T02:03:17.500Z
2 likes, 0 repeats
Posting for Accountability/cred laterI think this is basically the top of the current BTC price cycle and when it falls hard it will take down markets with it a fair bit.I don't trade so I'm not acting on this, but I'm also thinking this is the last hype cycle for BTC.
(DIR) Post #AwBxThHqrzIDRPIRua by silverpill@mitra.social
2025-07-16T13:12:21.127940Z
1 likes, 0 repeats
@gabrielRelated: http://www.truthcoin.info/blog/derangements/I think all concerns expressed is this article are valid (perhaps slightly exaggerated). However:- One should never underestimate network effects.- In a decentralized system, opportunities for innovation don't disappear.So I don't think BTC is done, it actually seems more alive than its closest competitors.
(DIR) Post #AwBxj2uMlUAUqFd8TY by sun@shitposter.world
2025-07-16T13:15:40.985071Z
2 likes, 1 repeats
@silverpill @gabriel what can you do with bitcoin anymore, it feels like all you can do anymore is cash out and when people realize it the jig is up
(DIR) Post #AwBxtGRvH27zjdCNA8 by Leyonhjelm@detroitriotcity.com
2025-07-16T13:17:32.167007Z
0 likes, 1 repeats
@sun I don't think it's going to get broader point of sale utilization. Maybe somewhat online but even then it'll probably be a conversion card of some kind. And people will crash it at some point, probably people with a certain type of radiance that causes cancer.@silverpill @gabriel
(DIR) Post #AwBz3d1qHMMYc6VOxk by sun@shitposter.world
2025-07-16T13:30:36.430752Z
3 likes, 1 repeats
@Leyonhjelm @silverpill @gabriel I was actually using bitcoin as money in 2012-2013 or so, it was so cool, where did the fun go
(DIR) Post #AwBzGGt5uVCji0RUAq by Leyonhjelm@detroitriotcity.com
2025-07-16T13:32:53.105192Z
0 likes, 1 repeats
@sun It went the way of most investment vehicles once those people get involved. They just haven't figured out how to destroy it as well as they'd like to, and can't turn it into a leveraged buyout and pick the carcass clean like they usually do.@silverpill @gabriel
(DIR) Post #AwC0FJUUqVVdRn2mp6 by silverpill@mitra.social
2025-07-16T13:43:22.942585Z
0 likes, 0 repeats
@sun @gabriel You can use it as a store of value. In the future, it could be a settlement layer for various L2s (that was envisioned for Ethereum, but I am starting to think that Ethereum is ngmi)
(DIR) Post #AwC0LddaqzhnfWJaQS by sun@shitposter.world
2025-07-16T13:45:04.498470Z
3 likes, 1 repeats
@silverpill @gabriel fwiw I am having a ton of fun with eth l2s but they are all captured by the american financial sector so it's strictly for fun, there is no liberation happening there
(DIR) Post #AwC26gjNGqb6pK1AbA by jeffcliff@shitposter.world
2025-07-16T14:04:47.056580Z
1 likes, 1 repeats
@sun @silverpill @gabriel you can pay any bill in canada, and probably mexico/europe https://www.bullbitcoin.com/
(DIR) Post #AwC2DV8SmRPYtL0AIC by jeffcliff@shitposter.world
2025-07-16T14:06:01.068100Z
0 likes, 1 repeats
@sun @gabriel @silverpill the bigger question is what can you spend money on at all that's worth doing so?
(DIR) Post #AwC5CvwxtmWvd12p3Q by silverpill@mitra.social
2025-07-16T14:38:58.440746Z
2 likes, 0 repeats
@sun @Leyonhjelm @gabriel I thought the fun is long over, but this article changed my mind https://blog.lambdaclass.com/bitvm-enabling-efficient-verifiable-computation-in-bitcoin/
(DIR) Post #AwCB21NbyCoB0YgiBM by gabriel@mk.gabe.rocks
2025-07-16T15:44:42.829Z
1 likes, 0 repeats
@silverpill@mitra.social I'm curious to dig into the links you've put here! Thanks for sharing :blobcatthx:@sun@shitposter.world @Leyonhjelm@detroitriotcity.com
(DIR) Post #AwCBPrRcYqDX8zvmd6 by anarchotaoist@liberdon.com
2025-07-16T15:45:53Z
1 likes, 0 repeats
@gabriel hmm, at the peak there is usually a bigger spike up, crash back roll over then another drop.There has been a small spike then sideways movement.Probably not over yet. Who knows?