Anyone tracking Bitcoin? What are your thoughts on recent price action?
Also, which digital assets in general are you bullish on and why?
Never believed in the idea of BTC fundamentally apart from the anti-inflationary supply benefit.
The value ascribed to it has always intrigued me however.
Interesting. If you're curious, you can use gpt to understand the journey how and why gold became the most common base asset for trade between different empires/countries in history till mid 1960s. And how bitcoin makes the case for better version of gold in the long term as base asset on some of these valuable properties like durability, scarcity, fungibility, transferrability.
@Tantra regardless, the amount of times crypto shillers have scammed people is unbelievable.
This is just the start buddy.
Rumor/News of ETF approval by the SEC is driving this price action. But with the coming halving, this was expected.
Bullish on $link
Yeah, ETF is imminent and retail is frontrunning blackrock, can happen only in this sector.
I'm very bullish on Link CCIP as well, think who of defi will be dependent on it, including tokenization of RWAs which is still in embryo stage.
I still believe there's one last shake-off still pending, 2017-18's 20k → 4k was brutal, now the market is more leveraged the massacre would be huge.
BTC is here to stay, no doubt about it. Its adoption may take time, but eventually it will be accepted by more and more people.