Discussion

• @luke_metro @luke_metro on x

  how low does crypto have to drop before I never have to hear about Fairshake again

• @thestalwart Joe Weisenthal on x

  It's hard not to think that the explosion of DAT companies last year, where various crypto holders exchanged their tokens for inflated equity, was a big last gasp for this industry

• @sumitroy2 Sumit Roy on x

  Bitcoin fell below two symbolic levels today: its pre-Trump election price and its 2021 cycle high (today's intraday low $66,600) $BTC [image]

• @thestalwart Joe Weisenthal on x

  10 REASONS WHY THIS IS THE WORST CRYPTO WINTER EVER In today's newsletter, I wrote about how there are just numerous dynamics all happening at once — from Epstein to quantum to AI to the death of crypto twitter — clobbering the coins [image]

• @ljxie Linda Xie on x

  Unless they were flat out scamming, I don't think people should be shamed if they decide to leave crypto and pursue something that interests them esp if they've been in it a long time. I only don't like it if they trash everyone else who wants to stay and keep building

• @thecryptodog @thecryptodog on x

  Someone launched a token with my face on it and BTC nuked to 66.6k damn

• @thestalwart Joe Weisenthal on x

  The fact that crypto and silver are getting clobbered at the same time as the SaaS stocks makes me think that the “AI disruption” story is a little too pat of an explanation for what's going on.

• @lukegromen Luke Gromen on x

  Perhaps most important chart in macro right now 10y UST yld - 10y JGB yld (blue) v. USDJPY Markets appear to be discounting that the rate that forces BOJ back into YCC to avoid a Japan (& then global) debt crisis may not be too far north of here BTC crash & gold vol = symptoms [i…

• @saylor Michael Saylor on x

  HODL

• @dcinvestor @dcinvestor on x

  to anyone serious who's left in crypto: this is the creator of ClawdBot / OpenClaw probably the most important consumer agentic AI project, and the likely starting point for the onchain agent economy his POV about crypto people is common. the popular perception has shifted

• @camiinthisthang Cami on x

  I'm telling you guys the next 3 months are about to get wild All the smart people will either try to go to one of the few crypto projects with sustainable revenue & growth or will leave crypto completely We saw 3 of the smartest ppl outright leave crypto in the last 48 hours

• @birdyword Mike Bird on x

  If you're a bitcoin investor freaking out about the selloff, have no fear: it's only down over the last week in dollar terms (fake fiat money). It's up in silver. [image]

• @ljxie Linda Xie on x

  Regardless of how I feel about it, I've never had so many people I respect tell me I should leave crypto

• @portfolioxpert Bob Kendall on x

  So here's the issue you get influencers like this guy have a quarter million followers and they claim they don't know why it is declining... it's because they don't understand basic mechanics of price discovery. They don't understand that the marginal buyers or the float

• @intocryptoverse Benjamin Cowen on x

  Every cycle is the same. Yes, crypto could bounce. And honestly, it would be great for sentiment if it could. But even if it does, it would most likely result in a macro lower high. I don't try and time those bounces. I have tried before with mixed levels of success. Sometimes [i…

• @balajis Balaji on x

  I have never been more bullish on crypto. Because the rules-based order is collapsing and the code-based order is rising. So the short term price doesn't matter. As international law breaks down, we will need not just onchain currencies, but onchain companies. As the post-war

• @nouriel Nouriel Roubini on x

  The Crypto Apocalypse Out of 20k ICOs: 80% of them (16k) were a total criminal scam in the first place - steal the money and run - based on results of an academic research paper. Another 18% of them (3.6k) went to zero and collapsed . Of remaining 2% (400) that survived those

• @mattzeitlin Matthew Zeitlin on x

  obviously crypto has died and lived a million times but i do wonder if this is kinda a tipping point or winnowing, like the regulatory environment for crypto will never be more friendly than it is right now and yet it went sideways and then puked

• @chiweethedog Roy Drones Jr on x

  Anyone checking in with El Salvador's bitcoin dictator

• @bon_g Bong on x

  My money was losing 7% per year due to inflation so I decided to invest into crypto Now I'm losing 30% per month [image]

• @karlbode.com Karl Bode on bluesky

  oh I see you've noticed your miracle technological revolution has no function outside of money laundering and speculative chodeism

• @brian_armstrong Brian Armstrong on x

  True Corollary: there are opportunities in every market (and right now there are definitely some great ones!)

• NewsMax.com Newsmax Wires on x

  Bitcoin Drops Under $70K, Erasing Post-Election Gains

• @an10nev @an10nev on x

  Very good. Last two bullets important.

• @zherbert Zach Herbert on x

  Epstein? Quantum? AI (which is beautifully synergistic with Bitcoin)? FUD is off the charts and not even close to rational.

• @mert @mert on x

  @TheStalwart lol it's none of these it's simply the spot:derivative ratios being out of whack due to colossal leverage

• @cmilakgun @cmilakgun on x

  TL;DR Why this might be the worst crypto winter, even worse than FTX or 10/10? Author's thesis: This may not be the biggest drawdown ever, but it's the most structurally negative environment crypto has faced because multiple support narratives are breaking at once. Main

• @ljkawa Luke Kawa on x

  TL;DR: you've run out of baggies

• @blknoiz06 @blknoiz06 on x

  @TheStalwart definitely agree with most of these esp the ai risk for tech talent & hardware, but there's definitely still a ton of ppl online on crypto twitter, bitcoin & ethereum are pretty fragmented but hyperliquid & solana are likely the most close knit communities atm

• @muyaoshen @muyaoshen on x

  @TheStalwart @Crypto_McKenna I think this is worse than FTX because crypto was saying back then that FTX wasn't a crypto specific scam. But now feels more like a real identity crisis for crypto

• @tomlefevre Tom Lefevre on x

  @TheStalwart Think a part of it is that “the crypto president” is increasingly a liability

• @bykatherineross Katherine Ross on x

  i don't think it was necessarily a “last gasp” for the entire industry, but it definitely seems to have marked the ending of a chapter. i'd argue crypto's now in an institutional era and that means there's a lot of uncomfortable change taking place

• @zavcorin Zav Corin on x

  @TheStalwart Crypto's main legacy : it accidentally gave the U.S. an edge in AI deployment. An entire “web3” industry quietly pivoted to AI—and delivered. A few who stayed to push “adoption” got rich.The Plebs got smoked In the meantime China caught up with AI. The rest is just s…

• @covered_call Mario S. on x

  According to Artemis data DATs are down ~$25B cumulatively, with zero above their cost basis. https://app.artemisanalytics.com/ ... [image]

• @jyarow Jay Yarow on x

  You know the bottom is in when the most square MSM people are talking about it

• @thestalwart Joe Weisenthal on x

  This is the key thing. It's not about price. It's about loss of faith and industry demoralization.

• @crypto_mckenna McKenna on x

  It may be the worst sentiment I've seen since FTX.

• @thestalwart Joe Weisenthal on x

  Crypto has had bigger drawdowns before. But this is definitely the worst crypto winter ever. Writing about it for today's newsletter, which you can sub to here. https://www.bloomberg.com/...

• @thestalwart Joe Weisenthal on x

  This crypto winter is hitting different

• @thestalwart Joe Weisenthal on x

  no [image]

• @thestalwart Joe Weisenthal on x

  This is the most brutal crypto winter ever. Nobody's even joking about it in a self effacing way. And if there were anyone doing the meme, you wouldn't see it because there's no crypto twitter anymore.

• @marypcbuk Mary Branscombe on bluesky

  turns out the ‘future of money’ isn't useful enough to deliver any of what it promised [embedded post]