- Base Layer
- Posts
- 👀 The next clear bubble...
GM everyone. This is 2036. We scroll for gems all day so you don’t have to.
Today is Favorite Friday, where we serve up the resources we most enjoyed this week 🍲.
So if you're looking for content to dig into this weekend, this is your list...
This week, we’re doing the billionaire tour.
Dan Morehead - the crypto investor who bought 30,000 Bitcoin at $65 - talks about:
where we are in the current crypto cycle
the most neglected asset in crypto
what protocols he’s most excited about
plus two short investment theses
As with everything Dan writes - it’s 100% worth checking out.
What’s more important in crypto - the story or the tech?
How do you make the most money on a token?
And what specific tokens could really well over the next 12-18 months?
That’s what Arthur Hayes - a billionaire crypto trader - talks about in his latest essay.
In 2036: Private Investor, we invest together in early-stage crypto tokens before they’re available to the masses.
Our first investment is up 25X in just two months.
Our next investment (in a promising crypto game) opened up yesterday and will close on Monday.
The clearest thematic retail driven bubble to me will be gaming
Retail are attention driven investors and gaming is the perfect combination of being able to capture attention of mass audiences for long periods of time and being easy to understand
Imagine if there was a Call of… twitter.com/i/web/status/1…
— Andrew Kang (@Rewkang)
1:55 AM • Feb 16, 2024
For those considering #Bitcoin. Remember to hold for 4 years. It's never returned below 30% annualised for a 4 year investment, no matter how badly timed...
BTC: 30-60%, 75% drawdowns
SP500: 10%, 35% drawdowns
Real Estate: 10%, 30%+ drawdowns
VC Funds: 15%-27%, 10 year lock up— Willy Woo (@woonomic)
12:25 AM • Feb 22, 2024
among smart contract chains
eth will be the flag bearer of institutional adoption of the cycle
sol will be the flag bearer of retail adoption of the cycle
if this is not obvious today, it will be obvious post-ath
— qw (@QwQiao)
9:35 PM • Feb 22, 2024
Two months now, and still going to go lower most likely.
Bottoms when ETF bros increase odds of $ETH approval from 60% to 90%
— HORSE (@TheFlowHorse)
12:45 AM • Feb 23, 2024
Narrative bets this cycle are pretty straight forward:
- AI (normies)
- BTC eco/ordinals (rich crypto natives)
- Gamefi (normies)
- Memecoins (normies)You’ll see pumps in other narratives but the sticky liq will be in the ones above
— 💐Guru 💐 (@CoinGurruu)
4:46 AM • Feb 22, 2024
JUST IN: 🇺🇸 President Donald Trump says many people are embracing #Bitcoin & wanting to pay with it.
"You're seeing something that's interesting, I can live with it."
— Watcher.Guru (@WatcherGuru)
6:58 AM • Feb 23, 2024
If history repeats, this chart tells us two things.
1. The parabolic phase is close
2. We have ~12 months left of the bull— Mippo 🟪 (@MikeIppolito_)
11:30 PM • Feb 21, 2024
Welcome to the bull market. May all things AI related levitate.
$FIL = $100
Yachtzee 😘😘😘😘
— Arthur Hayes (@CryptoHayes)
12:14 AM • Feb 23, 2024
in crypto, where there are no fundamentals, most people only have conviction until 40% down or so
this means they'll happily hold thru a 15% drawdown but if the market really breaks, they'll panic
its better to panic first or not at all
— Sisyphus (@0xSisyphus)
3:47 PM • Nov 18, 2021
