Is the Bitcoin bull run starting?

[mookiemcgee]

Coins I expect to have exceptional runs when the next parabola starts, they all have had/are having big runs around ETF news so don't go out an buy anything today you regards:

SNX - Synthetix lower volitility than most, established player that is evolving into critical infrastructure. Currently focused on expanding on Optimistic Rollup chains (like OP, and coinbases new chain called Base)

ARB and OP - Arbitrum and Optimism - These are the two most prominant Ethereum Layer 2's and while tons of new L2s are launching in 2024 these are established players with very large TVLs. Optimism already had an initial pump in 2022/23 so may be a bit of a laggared, but has the coolest tech and smartest builders. Tokenomics do leave something to be desired and not sufficiently decentralized (VC's own too much) but is very well positioned. Arbitrum is by far the most decentralized L2 with the most users and largest amount of Devs building on it. The coin hasn't been arounds as long as OP and has yet to really have a 'season'. I expect ARB to have some of the best ROI of any large cap crypto over the next few years.

Solana - I don't love Solana, and it's a pure VC coin with an already marred by Sam Bankman history... but it's really cheap to use, really fast and has pumped more than anything over the last few months (some of that is deposits going into the grayscale SOL fund). It's also non-EVM (it doesn't work like Ethereum as a technology it's entirely different in how it validates transactions). It has a massive core of users as well as active developers. Next to Ethereum it's the biggest most important blockchain that runs smart contracts. I'm personally not a true believer but history suggests I'm wrong and it's worth keeping an eye on.


STX - stacks - the 'best' attempt so far at having smart contracts that settle on the bitcoin blockchain. It doesn't work great yet, and it has alot of competitiors but you can view it as a leveraged bet on Bitcoin price (if bitcoin 2x's, Stacks will like 3-6x over the same period).

AVAX - Avalanche - Is EVM, but works differently from Ethereum. It's working hard to position itself as the premier chain for 'gaming'. gamefi is a crowded catagory and it has alot of competitors. It's well positioned for when gaming stuff has a big run, and has a higher floor than alot of smaller gaming focused chains.


There are tons of other smaller caps I'm keeping an eye on, but of like 'top 50 fully diluted value coins' these are some of my top picks.

What are your thoughts on ADA(created by the creator of ETH)?

Charles Hoskinson is a co-founder of ETH, but i'd hardly call him the creator. Generally that title is given to this man



Vitalik 'Big Dick" Buterin, he's a Canadian citizen of Russian decent.

Charles Hoskinson project Cardano (ADA) is one Saxi has asked about many times in this thread (and maybe older crypto threads I've started over the last 4 years?). Charles is legit brilliant, ADA is a super real project that was purposely built differently than ETH for the ground up. That said, ETH started in 2016 and launched immediately with smart contracts and while clunky those first few years it never 'broke down'. Cardano started back in 2017 and made some promises about being able to do what ETH could do but better after a few more years of development. They tried launching smart contracts during the last bull run in 2020/21/22 and it didn't work well at all. People would submit a 'trade' transaction on an on-chain exchange and would be waiting 3-4 days for it to go through. Alot of the ADA maxi's I knew really started having a crisis of confidence around then and the price got up pretty high around $2-3 right in the leadup to them trying to launch these smart contracts and really haven't stopped going down after than for like 2 years since (until the last few months but everything is rallying like crazy and its lagging a bit)

So yeah idk, it's not a dead project or anything. Tons of people are working on it still, but it had alot of issues with throughput because of some technical structural issue where it processes transaction super fast but only one at a time (one transaction per block) and the first go round wasn't ideal. During that same 20/21 time period another Ethereum challenger SOL (solana) really took off and was faster, cheaper and actually handled the load in real time. Alot of chains built off the underpinnings of ETH but built to be seperate chains like BNB (binance chain coin), AVAX (avalanche), MATIC (polygon) went live and all rockets up in 20/21 so there was alot of stuff working well and people were trying to do different things and idk Cardano could make progress and make a big comeback but so much stuff has flourished and ADA just feels a big stagnate. It's worked about as well as smart contracts built off Bitcoin so far. If bought a pile at just under $3 *cough saxi* you could get your money back or more if everything just rockets up in price ADA will go with it. Id rather just be directly 100% in ETH than be 100% in Cardano

[mookiemcgee]

According to stock-and-flow articles that you sent me previously, there should be a big dip before the halving. This hasn't happened, and although I do still have a bit of BTC, I was waiting for the dip to buy some more.

So I had a meeting with ma crypto moonbois and listen we've heard your complaint and have started a small pullback for you to find another entry. I don't think we are going to be able to pull this down to 45k now that the hedgies are dumping money into these spot ETF. We are gonna try for it, but I feel confident we can get you an entry in the low 60's - mid 50s before the halvening.

[saxitoxin]

Okay, I'm sorry to derail the thread, but what is going on in that guy's trousers ...

[Dukasaur]

According to stock-and-flow articles that you sent me previously, there should be a big dip before the halving. This hasn't happened, and although I do still have a bit of BTC, I was waiting for the dip to buy some more.

So I had a meeting with ma crypto moonbois and listen we've heard your complaint and have started a small pullback for you to find another entry. I don't think we are going to be able to pull this down to 45k now that the hedgies are dumping money into these spot ETF. We are gonna try for it, but I feel confident we can get you an entry in the low 60's - mid 50s before the halvening.

Perfect!

[mookiemcgee]

Okay, I'm sorry to derail the thread, but what is going on in that guy's trousers ...

I guess you don't share his predilection for the Asian persuasion?

Shiiiiiit, if I token I made went up from fractions of a penny to $4000/coin I'd probably have to see a physician for an erection lasting more than four hours too.

https://www.youtube.com/watch?v=r7I8Rbi4Qko&t=41s

[mookiemcgee]

It's starting to look like that little dip to 61k was the full dip and we are back to pamping... until we touch another all time high it's not confirmed, but I'm back to leveraging my ass off

[saxitoxin]

whatever, I've dumped all my Bitcoin and bought Truth Social shares

DJT TO THE MOON!!!

[mookiemcgee]

whatever, I've dumped all my Bitcoin and bought Truth Social shares

DJT TO THE MOON!!!

I dumped all my bitcoin and bought 250,000 God Bless the USA bibles per hitreds DMs

[saxitoxin]

whatever, I've dumped all my Bitcoin and bought Truth Social shares

DJT TO THE MOON!!!

I dumped all my bitcoin and bought 250,000 God Bless the USA bibles per hitreds DMs

You just fastposted my Trump Bible thread asshole!

[mookiemcgee]

fucking right i did, and proud of it!!!

You better dump that DJT in the next couple weeks or the bags your holding are gonna be heavier than a $3 ADA coin.

[saxitoxin]

fucking right i did, and proud of it!!!

You better dump that DJT in the next couple weeks or the bags your holding are gonna be heavier than a $3 ADA coin.

I'm guessing it'll halve by August; still enough for a $3B valuation, which is 50 times what it's worth. At that point Elon will buy it for $1.8 in a no cash deal paid in X equity and roll its users into X provided Trump starts posting regularly again.

So I'm not really moving on DJT until the inevitable crater before the shares get converted to X equity.

[mookiemcgee]

fucking right i did, and proud of it!!!

You better dump that DJT in the next couple weeks or the bags your holding are gonna be heavier than a $3 ADA coin.

I'm guessing it'll halve by August; still enough for a $3B valuation, which is 50 times what it's worth. At that point Elon will buy it for $1.8 in a no cash deal paid in X equity and roll its users into X provided Trump starts posting regularly again.

So I'm not really moving on DJT until the inevitable crater before the shares get converted to X equity.

I just did a little 'regard research' and it's pretty fucking incredible... The Jan 2026 ITM puts are $44 on a $58 stock. That's actually fucking insane. You can't even bet this will go down and make money because a total stock price collapse is 'priced in' for options lol. Their only meaningful revenue is coming from selling shares and putting the funds into a trust that earns 5%/year in interest lol.

I think you have a pretty reasonable take on them desperately wanting/needing an acquisition from Elon.

[saxitoxin]

fucking right i did, and proud of it!!!

You better dump that DJT in the next couple weeks or the bags your holding are gonna be heavier than a $3 ADA coin.

I'm guessing it'll halve by August; still enough for a $3B valuation, which is 50 times what it's worth. At that point Elon will buy it for $1.8 in a no cash deal paid in X equity and roll its users into X provided Trump starts posting regularly again.

So I'm not really moving on DJT until the inevitable crater before the shares get converted to X equity.

I just did a little 'regard research' and it's pretty fucking incredible... The Jan 2026 ITM puts are $44 on a $58 stock. That's actually fucking insane. You can't even bet this will go down and make money because a total stock price collapse is 'priced in' for options lol. Their only meaningful revenue is coming from selling shares and putting the funds into a trust that earns 5%/year in interest lol.

I think you have a pretty reasonable take on them desperately wanting/needing an acquisition from Elon.

I also notice Trump intends to pay his NY fine in either "cash or securities." The interesting thing is it's not actually a fine, it's a disgorgement of ill-gotten gains. If it's a disgorgement, can that be satisfied by direct transfer of equivalently priced securities? And was that the plan all along? Dump a bunch of inevitably worthless stock on the State of New York?

I mean Nunes may not be the sharpest tool in the shed but he certainly had to realize this was a DOA business the minute he heard about it. There's gotta be more going on here.

[saxitoxin]

Of course, the day after I write that, DJT climbs from $58 to $68.

[mookiemcgee]

Dunno about you guys, but my crypto portfolio went up 200% this week. Another 1000% from here and I'm buying CC and editing all confeds posts into normal font sizes with no emojis and it's gonna all be very pro-socialist rhetoric

[2007spaceodyssey]

Have a go mate

[Lonous]

Another 1000% from here and I'm buying CC and editing all confeds posts into normal font sizes with no emojis

I laughed harder than I probably should have

[mookiemcgee]

$6000 airdrop of wormhole today to add to my stack... thank you Solana ecosystem!

HFSP haters

[2dimes]

We stopped for Triple O's on the way back from capital city, there was a Bitcoin atm. I was playing around looking at the offerings.

I noticed doge coin was the second least expensive thing on there, being sold for .19 Canadian each. Can't remember the one that said zero.

I said I wanted to buy some and my offspring almost suggested I should just throw the money in the waste basket beside the machine. One quipped, "Is that still a thing? I thought they were a joke and it was over."

Young people can be so cruel. At least the burger I split with Mrs dimes was exceptionally delicious.

I signed into wifi and looked up doge coin and e wallets on my phone, I noticed the machine was adding on almost .2 Canadian per unit,

Maybe I should get some of those machines, instead of buying doge coins.

[mookiemcgee]

We stopped for Triple O's on the way back from capital city, there was a Bitcoin atm. I was playing around looking at the offerings.

I noticed doge coin was the second least expensive thing on there, being sold for .19 Canadian each. Can't remember the one that said zero.

I said I wanted to buy some and my offspring almost suggested I should just throw the money in the waste basket beside the machine. One quipped, "Is that still a thing? I thought they were a joke and it was over."

Young people can be so cruel. At least the burger I split with Mrs dimes was exceptionally delicious.

I signed into wifi and looked up doge coin and e wallets on my phone, I noticed the machine was adding on almost .2 Canadian per unit,

Maybe I should get some of those machines, instead of buying doge coins.

they are a ripoff to be sure. Most of the time they both give you a really shitty price quote, and then take a MASSIVE commission on top of it. They place in the market use to be that you could deposit/withdraw 'anonymously' instead of having to link your crypto exchange to a bank account or something tied to your name... but at least here in the USA most bitcoin ATMs now have cameras and ask for ID so they aren't even great for that anymore.

Owning one could be a money maker, but I don't think they get a ton of use anymore at least around here since it's a pretty bad deal compared to an exchange

[saxitoxin]

We stopped for Triple O's on the way back from capital city, there was a Bitcoin atm. I was playing around looking at the offerings.

I noticed doge coin was the second least expensive thing on there, being sold for .19 Canadian each. Can't remember the one that said zero.

I said I wanted to buy some and my offspring almost suggested I should just throw the money in the waste basket beside the machine. One quipped, "Is that still a thing? I thought they were a joke and it was over."

Young people can be so cruel. At least the burger I split with Mrs dimes was exceptionally delicious.

I signed into wifi and looked up doge coin and e wallets on my phone, I noticed the machine was adding on almost .2 Canadian per unit,

Maybe I should get some of those machines, instead of buying doge coins.

they are a ripoff to be sure. Most of the time they both give you a really shitty price quote, and then take a MASSIVE commission on top of it. They place in the market use to be that you could deposit/withdraw 'anonymously' instead of having to link your crypto exchange to a bank account or something tied to your name... but at least here in the USA most bitcoin ATMs now have cameras and ask for ID so they aren't even great for that anymore.

Owning one could be a money maker, but I don't think they get a ton of use anymore at least around here since it's a pretty bad deal compared to an exchange

The last time I used one - admittedly this was a bit ago - they just asked for a phone number, not a full photo ID. So I just used my burner phone and then wore a hat, sunglasses, and a mask (this was back during the pandemic).

[saxitoxin]

Apparently TRUMP COIN is preparing for an ICO?

It's being coordinated by Barron, Martin Shkreli, and Andrew Tate, I guess.

[mookiemcgee]

Last time I used one was 2021 and it was inside a shady head shop. They didn't have any ID requirement but it had a camera that the store owners had covered with a taped on piece of cardboard. TBH, I'm not 100% sure what steps the industry has taken I just know they have been under a ton of pressure by the feds to step up KYC stuff, and I've been reading that many now require you swipe a drivers license to withdraw cash...it could also be totally different in Canada.


This newest trump coin (DJT) has been out for like a week now, and over the weekend it came out that Shkreli was one of the key people behind it (he was doxxed by internet sleuth named ZachXBT). Shkreli said there were 4 founders and then provided some sketchy evidence that barron was also involved... I hadn't heard the Tate part but makes sense. The Barron involvement news didn't lead to much of a recovery, and I think some people still believe Shkreli is just lying to try and pump it so he can get out at max profit but haven't looked all the closely myself. It's on Solana in case you are looking to buy it.

https://dexscreener.com/solana/34btbqur ... zbd1qivyeo