Oddbean

@ODELL you and @MartyBent were talking recently about cycles on @RabbitHoleRecap and I’m curious what you think of British HODLs comments about floor prices at the beginning of this video https://youtu.be/xhDlVQPIczk?feature=shared

I’ve been watching his content for a while now and I think he brings a good perspective. Scammer in what sense? I think he’s speaking to a specific audience and trying to show the urgency of getting to 1 BTC. I always thought a scammer was someone trying to get you to buy their shitcoin

FOR SUUUUURE I would say this is definitely scammy haha but it was in 2018 when he was focused on real estate. He has spoken about coming to understand bitcoin, so should we judge him on his current views not those of 2018?

🤷‍♂️ JUST BE CAREFUL OUT THERE. AS FOR FLOOR PRICE DISCUSSION IT MAKES SENSE TO ME THAT AFTER WE HIT THIS CYCLE HIGH THE CYCLE LOW WILL LIKELY BE ABOVE CURRENT LEVELS BUT ALSO DEGENS TEND TO DRIVE US LOWER THAN PEOPLE EXPECT.

Yessir the game plan is clear STAY HUMBLE. STACK SATS Thanks for all you’re doing man, I really enjoyed your latest talk with Preston. Someday soon I’d love to bring my family to check out Bitcoin Park!

Some info surfaced a while ago (2023?) about some of the promotions he was running, prior to the adoption of his current nym. See if you can find it. IIRC, he was hawking get rich quick schemes. There may be some signal in his videos currently, but I'd wager he'll eventually move to cash in his social capital in the space and exit scam in some way. Strong Richard Heart vibes...that dude put out legit content for years, then used his social capital to fleece people.

Interesting. Thanks for your perspective, I’m always looking to learn more. Like I said I’ve followed him for over a year and all I’ve heard is him screaming BTC is the hardest scarcest asset on earth and you need it.

Dude is a scammer. Dude says true things sometimes. Both can be true...fair warning that he'll very likely try to cash out whatever social capital he's amassed eventually, and in the process, extract precious sats from those who believe him.