High level crypto market take: I’m 50%/50% between two scenarios. A&B. For each, I’ll provide a “steelman” argument. A. The high is in forever (for this set of crypto assets.) This was/is the “final” wave in organic adoption. Everyone has heard of bitcoin and crypto, and have had it pushed on them even by presidents. And regulation is functionally non-existent under this admin, so we can’t blame regulation for poor adoption. I.e. we’ve had every tailwind imaginable, and there doesn’t seem to be much demand or usage beyond what we’ve seen. El Salvador kind of adopted and then abandoned bitcoin…not helpful or useful to their people. Same for so many apps and institutions and companies - they tried crypto, wasn’t useful to their needs in current form. In this scenario, crypto might be in a place like tech in 2000. The internet didn’t go away, but most of the specific companies behind it did. “Cryptocurrency” is real and valuable and world changing as an idea. That doesn’t mean any specific protocol or asset deserves to survive, or will. While we saw some big liquidations in the market…plenty of larger ones to go potentially, pushing things far lower. B. This pullback is just that, a high time frame pullback, a correction. We’re still in the final innings of late stage capitalism and financial nihilism. Bitcoin and crypto should be big winners to the speculative animal spirits, desire for fiat alternatives as part of that. And there’s plenty of good things being built and quietly growing usage in many niches, something will “breakthrough” and change the narrative. And crypto remains an attractive target for coordinated pumps by the rich and powerful, why should they stop now? We just saw massive liquidations of both leverage and sentiment. The true crypto fundamentals are chugging along, getting built, gradual improvement, etc.
I'll take option B, option A just sounds like retarded boomer fudfag talk with no actual logic just blind pessimism.>everyone has heard of it though!so what? retarded>third worlders abandoned it!for what, their shitty fiat with insane inflation?>institutions didn't find it useful!oh that's why they keep hiring and running pilots and publicly saying it's useful huh>what if liquidations happen and price go down?kek
>>61833662>no specific protocol will survive!you ever look at the history of the internet for more than five seconds? retard
>>61833662If these two scenarios were really 50% each, a moderate allocation to crypto would be sensible due to the asymmetric upside. There are of course middle grounds and other scenarios. Maybe bitcoin crashes to $15k-$40k for a year, and then makes new ATHs? That could happen if say MSTR got liquidated along with a bunch of of other crypto firms, and then fundamentals and macro re-asserted bullishly. How am I investing? I’m positioned reflecting the views above - a moderate but reasonable allocation to BTC and some alts as part of a broader portfolio. And I’m getting a bit more active as a trader given the rising volatility and inefficiency in the market. Plenty of opportunity to be nimble. Right now, crypto is bouncing/rallying, I’m playing from the long side. Will re-evaluate with BTC around $90k (that’s a decent target for a bounce).
>>61833680have you?"gemini, which dotcom companies did not survive the bubble?"it's pretty fucking simple, retard.
>>61833500Hey newfren, this is just a normal bear market. I know I know, it's scary and the price going down makes you feel like it's all over and crypto is dead. Just chill for a bit and you'll see we come out of it.
>>61833500>the price will either go up or downIncredible take
>>61833500>organic adoption. Everyone has heard of bitcoin and crypto, and have had it pushed on them even by presidentsSadly, when people use the term "adoption" for crypto, people just mean investing to get more money back than a person put in.Gambling on something they don't understand and don't see a use for themselves.The average person does not see a use for crypto beyond maybe investing in it.What's more chilling is this, how many crypto maximalists use crypto "web 3" services over traditional and cheaper internet services? I would think the vast majority still use traditional means of services.I'm not saying that we've reached the all time high, but there are serious in the ecosystem, no real applications that warrant mass adoption except for Polymarket. Which funnily enough sucks liquidity out of the crypto ecosystem since people gamble on Polymarket rather than trying to trade coins now.
>>61833761>hurr durr no standards survived the beginning of the internetkeep making yourself look stupid, it makes it easier for me
>>61833761I also want to point out you switched from protocols to companies because your argument is stupid as fuck and you cannot differentiate between infrastructure and services.
An insane amount of infrastructure got built before the dot com bubble. Countries were racing to lay undersea cables, satellites, cell towers, entire office buildings got retrofitted etc. When the bubble popped, that same infrastructure was what then enabled things like smartphones, youtube/streaming services, social media etc to be "ready to go" as soon as they launched. This is the thing people often forget. We wouldn't have the digital ecosystem we do today is these companies had not taken advantage of the cheap infrastructure that was laid out. The same thing is happening with AI now. The "$20/month for unlimited furry art and political satire videos creation" business model is not sustainable. It WILL pop! And what will be left behind is an enormous infrastructure of data centers. Guess who will take advantage of that?
>>61833803This is a very strong bias. You think because it always went like this (well for 15 years) it will always repeat forever.There will be a top for bitcoin. Maybe this was it. Probably not, but you can never tell. I think op might be right. Just because everyone before it was wrong does not mean eventually someone will actually call the absolute top.I could see some bad shit happening with mstr, or another actor that helped pump the price since 10K and then btc would crash at these levels or below 10k and stay there for a long period. And after that it could eventually go to 0. It's completely stupid to think btc will retain its price and value forever. Obvious this is a long cycle so that could represent a whole human lifespan.
>>61834133>well for 15 yearsNo. There are bear markets for every asset class. Things go up and down. Only in crypto people proclaim that it's dead everytime it's in a bear market.
>>61833875OP samefag?
>>61834133Ahh you're right! Theyre going to stop printing so much money especially now that boomers all need lots of medicare....also theyve decided its best to live with a balanced budget and stop buying votes. interestingly they are going to do this all over the world at the same time.... does any of that sound remotely real?
>>61834331yes, every asset does x8 every 4 year because muh inflashun!crypto has no intrisic value whatsoever. that's why it's so fucking volatile. It's entirely sentiment based. The real price according to use case would be 90% lower for every cryptono point arguing with baggies anyway, you do you not my problem
>>61833500I'm going to start going 50/50 cash/crypto on excess cash for a while til I achieve a good savings. Then 50/50 invest/crypto.
>>61834085>Guess who will take advantage of that?Massive supply of cheap used computing equipment? Gamers. And webmasters. Hosting a website the scale of 4chan will be essentially free.
Let me correct your faggotry OP:A) Bitcoins were always a Greater Fool speculation bubbleB) Bitcoins are currently on sale
>>61834756>inflation = asset price multiplier !>intrinsic valuemental midget alert
>>61833500>El Salvador kind of adopted and then abandoned bitcoin…not helpful or useful to their people.El Salvador used to be a literal banana republic, Bitcoin offers Salvadorians and their government financial sovereignty. If you don't see that as useful, I don't know what to tell you.
>>61835030>Bitcoin offers Salvadorians and their government financial sovereignty.Offers? Bitshit was adopted since 5 years ago. Have they achieved financial sovereignty? Bitshit is a dinosaur, whatever it "offers" have long since should've been materialized.t. team Monero
>>61833500>“Cryptocurrency” is real and valuable and world changing as an idea.how is crypto in any means useful?
>>61836582>Have they achieved financial sovereignty?Yes retard, they are no longer in debt to the IMF.
>>61833500I kind of agree. Ive been in and out since 2010 and the original vision is becoming less realistic. I exited a generation ago and while enjoyed seeing it bounce back after FTX mainly invest in real shit now.
>>61833500I voted for this
>>61833500I actually enjoy your post, but I’d like to see the phrase “late-stage capitalism” removed—it’s neither productive nor accurate.The term “late stage” inherently suggests that capitalism has entered a terminal phase, implying an inevitable expiry date followed by some form of communist or post-capitalist overthrow. Yet what we observe today under that label looks far more like state capitalism, cronyism, or even echoes of the Soviet Union: massive centralized power, infinite state-backed capital created through debt, and the systematic displacement of genuine individual and market-driven capital.Governments and central banks can print money without limit, borrowing against future generations and distorting price signals to favor politically connected interests. This isn’t a “late” or decaying phase of capitalism—it’s a perversion of markets enabled by fiat money and unchecked state power. Debt can be created indefinitely out of thin air; there is no natural endpoint or built-in collapse as the term “late stage” implies.Capitalism itself isn’t staged—it’s the default human economic mode: individuals and groups create wealth through labor, innovation, commodities, trade, and industry. Greed, corruption, and exploitation are constants across all systems, not symptoms of a particular historical “stage.”Unfortunately, the phrase “late-stage capitalism” has become a rhetorical weapon that aligns with grievance-based, emotion-driven politics—often tied to progressive/left-wing movements centered on victimhood narratives, identity politics, LGBTQ activism, BLM, and DEI frameworks. It frames market participants as inherently oppressive villains and pushes solutions that rig outcomes through identity-based quotas rather than merit, competition, or sound economics.Thanks.
>>61841756We're in Late Stage Statism
>>61841756>Real capitalism has never been tried!
>>61833500The dollar melting. Im Winning.>Laughs in gold and silver.
>>61841824I never said that.Capitalism exists across all sectors of the market and economy.But when cabals use violence, money takes three steps back.https://www.youtube.com/watch?v=pIjwuK6vEjM
>>61833500Great read.
>>61833500Gotta be honest, I dont think anyone who says "late stage capitalism" is operating on a high level
