The building peer pressure to ignore the #AIBubble—despite it now being plain for everyone to see—is reminding me quite a bit of all the dudes yelling #HODL! as the NFT markets started plummeting.
https://theamericanvandal.substack.com/p/you-have-to-use-it-you-have-to-trust
h/t @oscarjiminy
Bitcoin briefly reclaimed $70K!
Following a turbulent weekend, BTC rebounded sharply and is now up over 4% on the day. We explain the reasons behind the jump here: https://auriccrypto.com/news/bitcoin-jumps-toward-70k-despite-geopolitical-fears/
"Key finding worth noting: candlestick patterns are academically proven to be near-useless for
#crypto (IEEE study, 68 patterns tested)"
Lol. 🤡
A mate of mine bought 3 #BTC on the way up... He was one of those HODL HODL #HODL folks...
...he is no longer me mate... since he has gone full fascist...
Sad, because he was smart, but intelligence is no protection from the Nazi mind virus.
Every time I see BTC go down, I think of him and smile.