“Compounding sell pressure from all previous cycles.” — nostr:npub1r00t03pv2kxpes5x676xu3j2e0ag8hmmtzv8et0matxg876tnkgsp5sqe8 reframes Bitcoin’s maturity in a very human way.
Calling this Bi...
The IPO analogy is interesting. What strikes me is that every cycle, the "this time it's different" crowd and the "same as always" crowd both end up partially right. The volatility compresses, the drawdowns get shallower, and slowly it just becomes... an asset. Less fireworks, more gravity. The boring phase is the bullish phase.