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Ryan Watkins explains why Bitcoin might just go sideways for years and the old crypto playbook is broken
"Bitcoin is just a bonafide macro asset now. It's 1 to 2 trillion dollars. It's not going to go up multiples every single year anymore. There's also a chance this thing can just go sideways for a long time. There are many periods in the past 40 years where gold just didn't go anywhere."
"The basic assumption underpinning the entire investor psyche of this asset class is that Bitcoin always goes up, you never sell, it's the first thing that leads. That just might not be true. Eventually you might get assets that go up for different reasons and go down for different reasons and just do something totally different from what Bitcoin does."
"If you categorize Bitcoin like a store of value like gold and you categorize Hyperliquid more like an equity, look at equity and gold correlations. These are just two different things."
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"Bitcoin is just a bonafide macro asset now. It's 1 to 2 trillion dollars. It's not going to go up multiples every single year anymore. There's also a chance this thing can just go sideways for a long time. There are many periods in the past 40 years where gold just didn't go anywhere."
"The basic assumption underpinning the entire investor psyche of this asset class is that Bitcoin always goes up, you never sell, it's the first thing that leads. That just might not be true. Eventually you might get assets that go up for different reasons and go down for different reasons and just do something totally different from what Bitcoin does."
"If you categorize Bitcoin like a store of value like gold and you categorize Hyperliquid more like an equity, look at equity and gold correlations. These are just two different things."
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π1π―1π1
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This black woman is exactly what the entire world is sick and tired of.
America wasnβt built by immigrants, it was built by European settlers. Settlers built the civilization; immigrants came later to join it. Big difference.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
America wasnβt built by immigrants, it was built by European settlers. Settlers built the civilization; immigrants came later to join it. Big difference.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π―11π4πΏ2
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25y.o. groom got kicked by a horse during a live broadcast at Redcar Racecourse, UK
Chloe Briody was checking the stirrups of a 3y.o. racehorse when it suddenly charged her. The moment was captured live on air!
Miraculously, she suffered no broken bones or serious internal injuries β only heavy bruises & soreness
Crazy horse!
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
Chloe Briody was checking the stirrups of a 3y.o. racehorse when it suddenly charged her. The moment was captured live on air!
Miraculously, she suffered no broken bones or serious internal injuries β only heavy bruises & soreness
Crazy horse!
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
β‘3
The worst part about the AI jobcrushnado? All programmers will have to learn to farm, but not a single corrupt congressman will lose their job
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BREAKING: CFTC APPROVES BTCPERP CONTRACT SUBMITTED BY KALSHIEX, LLC
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π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
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Chinese tourist attacks ladyboy in Thailand after finding out it was a biological male.
Did she deserve it for lying about her biological gender?
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
Did she deserve it for lying about her biological gender?
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π―10π€¬1
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TEXAS SENATE RACE: James Talarico (CIS) is desperate for you to know that he eats 'meat' despite previously embracing a vegan lifestyle back in 2022. The drive-by media is pretending that the CIS gender candidate didn't announce that his then-campaign was going vegan
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π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π5
The Nasdaq Composite just crossed above 27,000 for the first time, its 3rd 1000-point milestone of the month
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π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π1
What the f&ck is this scam?
Stocks are hitting new highs, and Bitcoin can barely hold $73K.
This is 100% manipulation.
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Stocks are hitting new highs, and Bitcoin can barely hold $73K.
This is 100% manipulation.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π10π―4
JUST IN - Trump lifts the U.S. naval blockade in the Strait of Hormuz, says that Iran needs to open the Strait and allow for Iran's stockpile of enriched uranium to be "unearthed" by the U.S., adding, that he's meeting in the Situation Room "to make a final determination."
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π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π2π«‘1
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Perpetual futures are finally coming to America.
Trade on future asset prices with leverage in a regulated, institutional-grade environment.
Only on Kalshi.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
Trade on future asset prices with leverage in a regulated, institutional-grade environment.
Only on Kalshi.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π2
BREAKING: Trump says naval blockade in the Strait of Hormuz is now lifted
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π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
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I personally know 8 people who work(ed) at SpaceX full time, starting as early as 2011
as a neurotic, habitual pocket watcher, i autistically fed each of their work history into Claude and asked it how much each of them would personally net on the spacex IPO at 1.75tn valuation
3 of them will go from being reasonably successful to having dynastic 9-figure ($100m+) wealth overnight
the other 5 will each get 7-8 figures worth
redacted names and roles for obvious reasons
i feel worst for the guy who was very senior (reported to Elon!) but who left in 2017 to found his own, since-failed, startup
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
as a neurotic, habitual pocket watcher, i autistically fed each of their work history into Claude and asked it how much each of them would personally net on the spacex IPO at 1.75tn valuation
3 of them will go from being reasonably successful to having dynastic 9-figure ($100m+) wealth overnight
the other 5 will each get 7-8 figures worth
redacted names and roles for obvious reasons
i feel worst for the guy who was very senior (reported to Elon!) but who left in 2017 to found his own, since-failed, startup
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
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Weβve all seen pigeons, but you probably had no idea what their chicks look like.
Now you do.
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Now you do.
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