[RichardHeart]

I publicly called the Bitcoin top over a year ago. It Fell 56% over 70 days to $28600.It then bounced, made a fake out break out to 69k (6% higher high) and dumped 56% to $30,331. Grayscale "Bitcoin" can be bought at a 25% discount still, and as long as that discount exists, there's no chance of a Bitcoin bull run. Macro situation: Interest rates up, markets, houses and luxury goods down, crypto totally correlated with stocks. Caveat: I'm a founder in the space.

[daniel-cussen]

You know bitcoin is the only cryptocurrency to actually have worth because it's the only cryptocurrency created for idealistic reasons. That makes a difference. That white paper. It's the only one where the intent is to...prevent theft from society. It's about property rights, the absolute first thing any investor has to make sure of.

Satoshi's wealth, which he probably is locked out of, is an undesirable side effect, like a rash from a pill. Like the author of Steal this Book says, to write a countercultural book and end up on the bestseller lists is an embarrassment.

He never spent any of it. Although thinking about it he could have made sockpuppets to drive adoption, like the reddit founders, have mined that way, and ultimately spent it for real. But you know, he just strikes me as a terrible speculator, made bad estimates in how long it would take to mine the second block, that was a fumble. He wanted it to be super bullet-proof, but had no compute himself, I think he figured it would get picked up much sooner than it did, like go viral in the first day based on the difficulty he set.

Whatever, it's the best coin, there are none like it to its equality. It is gold, the rest are silver or worse. They have "features", whereas bitcoin has integrity.