Britcoin Boomer
6.5K posts

Britcoin Boomer
@bruce_pullman
Boomer, Brit, pioneer City quant investor, in #btc since 0920, not trading but actively timing #hodl to maximise stack
England, United Kingdom Katılım Eylül 2019
686 Takip Edilen2.5K Takipçiler

As of 1 Feb 2026, Bitcoin is about $78,082.
The most widely reported recent ATH was $125,835.92 on 6 Oct 2025.
That implies a current drawdown of:
(78,082 / 125,835.92 − 1) = −37.95% (≈ −38%) from the latest ATH.
Today’s −38% is nowhere near historical cycle bear-market depth (−77% to −83%).
It is roughly half of a typical full-cycle drawdown.
Big bull-market / mid-cycle corrections can still be savage:
Apr 2021 correction: about −53% drawdown (mid-cycle).
There are also many −20% to −30% corrections even in strong uptrends.
Today’s −38% is deeper than a routine bull pullback, but shallower than the big mid-cycle capitulations like 2021’s ~−53%.
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@Croesus_BTC does this clarify some of the yuppie reactions to BTC?
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7. Assessment culture that punishes original thought
In both arts and sciences, students learn:
Marks come from agreeing with the expected line.
Deviance from the mark scheme is dangerous.
That marks-driven pedagogy produces:
Deep suspicion of anything that does not yet have an “approved” answer.
A habit of quoting institutional scepticism (regulators, big newspapers) as proof.
So:
When mainstream econ labelled Bitcoin a bubble, that became the “mark scheme answer”.
When institutional reports fret about AI risks, that becomes the safe stance.
Genuine independent evaluation of these systems is never practised, so never developed.
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8. No meta-training in “how to explore a new tool”
Very few people are ever taught:
How to approach a new domain cold.
How to run small experiments, log results, iterate.
Instead, pedagogy assumes:
A syllabus, a textbook, a tutor, a set of worked examples.
The blank box of a wallet or chatbot is therefore terrifying. You need:
Problem-finding skills.
Tolerance for initial floundering.
Without those, the person blames the tool: “It is confusing / pointless”, rather than noticing that they never learned how to explore anything unscripted.
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9. Ideological framing delivered as catechism, not inquiry
In some humanities and social-science environments, technology, markets, and capital are introduced in a pre-framed way:
Tech = instrument of oppression.
Markets = extraction.
Corporations = enemies.
That does not make the critiques false; it makes them non-optional. You are not invited to interrogate where they apply and where they do not.
Bitcoin and AI then slot neatly into the template:
BTC = capitalist scam / climate vandalism.
AI = tool to automate exploitation / erase labour.
The judgement precedes the evidence, and the classroom rewarded that habit.
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10. Lack of cross-disciplinary stitching
Bitcoin lives at the junction of:
Computer science, cryptography, monetary history, macro, game theory, energy.
AI lives at the junction of:
Statistics, optimisation, software engineering, cognitive science, ethics, labour economics.
Most education is siloed. People are:
Good at one discipline’s stories.
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@icreatelife That’s a great one. Asked nano banana to create an infographic with other powerful lighting prompt techniques


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TIP OF THE DAY:
Add “chiaroscuro” to your prompt
Chiaroscuro is an artistic technique using strong light-dark contrasts to create depth and volume in two-dimensional works. The Italian term means “light-dark.” While used throughout art history, it became especially prominent during the Renaissance and Baroque periods in works by Caravaggio, Rembrandt, and Leonardo da Vinci, who employed it for dramatic effect and atmosphere.

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It's funny how a paper loss of this scale (for a HODLer in a degree of scale since Sep 2020) no longer generates the cold sweats at night. We got over all that in the past 5 years. Now it's cerebral planning - do we move the bitcoin, equities, gold mix or not. Do we increase borrowing? Real grown up fund management for a volatile but conviction asset holder.
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