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sms / Seth Michael Steele
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2025-02-17 03:17:30

sms on Nostr: Price action may be stagnant, but sentiment continues to strengthen. The Bitcoin ETFs ...

Price action may be stagnant, but sentiment continues to strengthen.

The Bitcoin ETFs are proving to be a litmus test, exposing BINOs. As capital flows into these funds, it’s becoming clearer who truly understands Bitcoin’s long term value and who was just along for the ride.

At this point, I don’t feel bad for shitcoiners anymore. Some lessons can only be learned through experience, and for many, that means getting burned. Bitcoin’s fundamentals haven’t changed; only those who ignored them are now facing the consequences.

There are two types of people in this space: those actively engaging in international game theory, positioning themselves for the future, and those playing in the sandbox, distracted by short term noise, gimmicks, and fleeting trends.

What’s happening now is one of the most remarkable transitions in financial history, Bitcoin is shifting from a niche asset to a global financial pillar. The institutions, the policymakers, and the skeptics are all being forced to acknowledge its presence. The question is no longer if Bitcoin will reshape the system; it’s how fast it will happen and who will adapt in time.
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