$1 To $1 Million cover image

$1 To $1 Million

E1: Why Is Crypto Crashing and What's Next?

Mar 15, 2024
This podcast covers the crashing crypto market, meme coins, broken cycle theory, the gold ETF analog, and exploring crypto wealth creation through airdrops and NFT investments. The speakers delve into Bitcoin hitting $100,000, the surge in value of the Mad Lad NFT collection, and comparing Bitcoin vs Gold and the impact of ETFs. They also discuss the wild world of crypto investments, market trends, and investment strategies in the crypto space.
01:15:37

Podcast summary created with Snipd AI

Quick takeaways

  • Understanding the concept of market cycles divided into seasons and questioning if the current cycle is accelerated due to various factors like Bitcoin's halving and increased volumes in alternative coins.
  • Analyzing the trends of meme coins and NFTs in the market, viewing meme coins as gamified investments and NFTs as offering community ownership and belonging.

Deep dives

Accelerated Cycle and Market Dynamics

The podcast episode explores whether the current cycle in the market is accelerated, discussing the concept of cycles divided into seasons like crypto winter, spring, summer, and fall. There is a debate on whether we are experiencing an accelerated cycle due to factors like Bitcoin's halving and increasing volumes in alternative coins.

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