Newsletter #382 - Was It All Worth It?

Hey Shitcoiners,

‍

We have just witnessed a top 10 price drop in Bitcoin’s history. It is a bloodbath out there. But rest assured, we are not going anywhere. The silver-lining of a week like this is that the memes have been flowing. Join us as we share some of our favourite moments from the week. Was it all worth it?

‍

We started the week with the precious metal narrative cooling down. Cryptocurrency enjoyooors were hopeful that the liquidity would flow to our charts.

‍

They were wrong.

‍

We don’t know how we got here, but here we are.

‍

There would be many sacrifices throughout the week.

‍

Charles is REKT.

‍

Taiki was not impressed.

‍

Grown men would be crying over magical internet money.

‍

Ledger is also poor. He did not get $12.5M out of the podcast sale as many assumed.

‍

Remember that currency debasement trade you thought you had nailed? Ooft.

‍

Maybe we are thinking about this all wrong.

‍

What could have been?

‍

Instead you spent your days telling her “everything is okay” when you could have used that candle liquidity to buy the dip.

‍

We all laughed at Ansem for saying it was over but the joke’s on us.

‍

There were signs.

‍

And the year is just getting started.

‍

They won’t stop.

‍

Are you ready?

‍

We should have known prices were going to dip further when Jim started proclaiming a bounce was near. A bounce was not near. In fact, we would get as low as $60K!

‍

The pain.

‍

Fortunately, for the McRib believers out there, it will be back in April. You know what that means.

‍

Remember how Trump’s presidency was supposed to bring in a golden age for cryptocurrencies? We are basically back where we started. GG.

‍

Like the rest of us, Saylor isn’t having a great week either.

‍

Anything is possible.

‍

Despite losing a fortune, at least he was detested by the Epstein inner-circle.

‍

Tom Lee has not been faring so well either!

‍

RIP.

‍

As your net worth turns to dust, it’s only fitting that you ask, who is doing this to me?

‍

Some say it’s this man.

‍

Leaving this here.

‍

The CZ/Binance FUD train was full steam ahead this week as rumours circulated of the exchange being insolvent, and they rebalanced BTC in favour of stablecoins. CZ said his piece.

‍

Allegedly he has been DM’ing people with cease and desist threats. He vehemently denies this claim.

‍

Sentiment is at an all-time low.

‍

Back to the Epstein files. It turns out that he was early but didn’t have it in him to hold.

‍

He did invest in a few industry startups though. We saw leaks of emails mentioning Dr Back in the Epstein files but he jumped onto X to clear things up.

‍