By - Set1Less
> “There was absolutely a lot of hubris across a lot of asset classes. That led to a lot of greed and unsustainable business models and a lot of leverage in crypto. That’s collapsing now,” said Alex Thorn, head of firmwide research at Galaxy Digital Holdings Ltd
Same as last time. All of this is cyclical, it just gets a little bigger each cycle. Bigger players, bigger numbers, bigger crashes. Can’t wait to see the turmoil of the next cycle.
> Bitcoin backers’ rallying cry to rebuff skeptics was, “Have fun staying poor.”
I always thought people with this sort of attitude were as bad as buttcoiners. If someone doesn’t care about crypto, whatever. If someone cares about crypto, whatever. I don’t know why people feel the need to be so hostile towards other people’s personal decisions.
Lets all prepare for the next one, whenever it is
See you in 2024 for a reunion tour!
Absolutely. Can’t party forever. Gotta go home and rest up for the next banger in 2024!
It’s only Saturday at North America and BTC currently at $17k.
That’ll be this weekend. Sub $10k easy
Oh god pls yes, stop blue balling me
The WJS is a thing of the past just like all who write for her. Last person out please switch off the lights.
Time to soothe the hangover with a long nap.
Until next weekend.
Just zoom out for a bigger party :)
"Crypto Is Really Dead This Time We Mean It Guys."
*tHiS tImE iS dIfFeReNt!*