Bent Yeti
66 posts


the crypto bubble has burst. this is the dot-com bubble burst moment - it is happening now. we are in it. do you feel the soap around you?
everything we knew 6-12 mos ago about valuations, revenue & usage projections, grant sizes, employee comp, will be fundamentally different from here on out
this is a news-flash: crypto/web3/decentralized things are not *currently* as valuable as we think they are. our work is not materially valued by the layman, the financier or even our families, especially in this economy.
many tokens, protocols & private cos will survive, some existing & new business models will thrive! but most existing tokens will continue to reprice towards $0. we were arrogant to think this period of abundance would last - myself included. this is just how cycles go, cost cutting & right-sizing is not an option it is now a requirement. many VCs, partners, grants & salary recipients will maintain backwards-looking assumptions about the value of their work. as a result, capital & talent flight is inevitable because opportunity cost.
if you think we're at the bottom, haha there's a sinkhole underneath us baby - it took cisco 25 years, microsoft 15 years, amazon 9 years & apple 5 years to return to peak dot-com bubble valuations. we should anticipate similar for most, some will never return and a select few will grow beyond crypto-bubble dreams! this isn't a price prediction - it's a reality check on how we should view timelines of various assets & efforts, so we can manage expectations effectively
it's like a big storm came through our garden and washed away the beautiful flowers we grew - but there is still significant value in the hearty soil, the nutrients, the fortified roots - the best thing we can do now is nurture the substrate that survived, water the remaining buds & plant new seeds - these will be storm-resistant, having learned from mistakes past
crypto isn't dead, it's just rerating to the real world, buckle up
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@MohitOnBase @kickoffdotfun isn't the voting power of your veAERO NFT already determined by the lock duration...
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@kickoffdotfun 6% allocation to $AERO voters is solid but the real question is distribution mechanics
Is it linear per vote or weighted by veAERO duration?
Short term voters vs long term lockers clarity here decides whether this rewards conviction or just quick farming @kickoffdotfun
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@TimeFreedomROB You do realise the non-dilutive consolidation will happen and lead to a fresh chart with the new token well before this can play out, right? Still bullish.
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Bent Yeti retweetledi

If this plays out like previous cycle again (2017 & 2021), Q3 & Q4 will be absolutely insane for crypto so you want want to strap in during that time and make as much $/btc as possible while keeping your feet on the ground
Then.......contrary to every instinct and feeling in your entire being, and the whole market that will scream supercycle again, you take major profit out of crypto and walk away for 1 year
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@honey_xbt Does $ANYONE fit this pattern or is the chart cooked because it swept the lows?
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majority of the newly listed altcoins are looking like this
im a firm believer that we put in a cycle bottom last august and what we are seeing right now is a higher low > reaccumulation > expansion
now the question remains ~ will we ever see new highs in altcoins?
well, idk and tbh idc because as a trader your goal should be to catch the meat of the move and if you position yourself correctly, you could easily catch a 2x - 3x on most of the altcoins that launched in 2024 and haven't swept their august'24 lows
time to research, build conviction and hold for the next couple of months

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@ENKIProtocol The math on your staked ENKI : vesting METIS ratio makes no sense with the current price of the two tokens
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@Trader_XO Could you please briefly share thoughts on $ANYONE on tomorrow's stream 🙏
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Trade 97s and the sentiment will shift again....
95-97s is a key level for probable inflection point should it trade there over the coming week...
Good luck for the week ahead...
XO@Trader_XO
$BTC A shallow pullback and a fast move back to the top of the trading range around 108-110 would catch most off gaurd imo heading into Feb... And the crowd becomes euphoric again at the range highs and some
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@ActuallyAgents Because the majority usually have to be caught off-side for market dynamics to finally favour a proper rip
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Every single time $ETH did a bullish reversal with an engulfing 1M candle, things escalated - which puts us now in the most exciting setup in over 2 years!
📈 This last wick down was literally just closing the FVG that remained after an insane Nov24 candle! And people yet somehow panicked into selling their generational entries for peanuts...
An insane run is coming for our alts, $ETH/onchain specifically, and I am more hungry than ever: I wanna research all possible gems, under the radar stuff, teams that are building and grinding, because this is where the generational wealth will be made! 🚀
Shill me your best stuff in the comments (utility only please), I will take a look at everything in details. Time to lock in!
P.S: whoever got a good eye for hunting/researching, will get an exclusive invite to my restricted private group, where researching and hunting tokens with good fundamentals is the thing we do 24/7!
Are you HUNGRY enough chads???

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@IncomeSharks @SMB_Attorney I hate to be a smartass because your point is valid but (doing it anyway), mathematically speaking, doesn't it mean you'd be up 60% from the original value, not 80%?
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@Trader_XO $ANYONE, one of yours looking like it might fit the bill
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I’m paying attention to the early movers (first few weeks of January) of 2025 and those showing strength off of the yearly open with room for continuation higher…
I believe it may very well set the tone on where the opportunities are for the remainder of Jan / Feb / Q1
I’m not sure about an “Alt Season”
Selective season - absolutely
Let the liquidity and rotation games continue
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@MetisL2 @hanturksc Nice to see some real appreciation for the community
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We couldn’t acknowledge our 3rd anniversary without celebrating the amazing Metis🌿 community 🎉
As we enter the milestone of our 3rd year, we'd like to take a moment to reward one of our top Metis contributors 🔥
@hanturksc Thank you for being so dedicated to building a decentralized future with us 👏
Han's contribution to our recent Voyage campaign in less than a week:
🔹 303 people through the Voyage
🔹 Who together completed 2,051 quests across the 4 contribution categories
🔹 And contributed over 27,000 TaskBITS so far
For such an amazing display of contribution to Metis, Han will receive 750 METIS tokens 🎁
This is our way of thanking our community for their work that is a major part of our ecosystem’s success - Metis cannot thrive without you 🩵
Active contribution through #MetisVoyage will continue to be rewarded so make sure to continue participating 💯
➡️ w3dv.com/alpha/metis

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🔱 Complete the quests before December 19th 2PM UTC for a chance to:
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link.intract.io/Medusa

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.@medusa_metis partners with @CoinMarketCap for a live giveaway 🎁
Check below for more details👇
Medusa@medusa_metis
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@medusa_metis @CoinMarketCap $DUSA is Better. $DUSA is Blue. Only real rewards from $DUSA. $DUSA is for you! x.com/dusa_metis/sta… #TribeTakeover
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💰 MEDUSA x CoinMarketCap $100,000.00 USD ($MEDUSA) Giveaway!
🐍 Our HUGE CoinMarketCap $100,000.00 (MEDUSA) Giveaway is now live, to enter you must complete all tasks to be eligible
🔥 Visit the link below to ENTER:
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@CoinMarketCap

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