Newsletter #317 - Buckle Up
Hey Shitcoiners,
We have a spicy newsletter ahead so let’s get right into it. As Bitcoin temporarily pushed past $70K, all eyes turned to the upcoming election. Which candidate is better for our bags?
Many of you will be praying.
If it plays out as the Polymarket odds suggest Ross could be out as early as next week!
They always come around.
If you have been reading for a while, you too are likely playing the long game. MicroStrategy have been accumulating for years now and it’s paying off.
Go figure.
Wen $10K candles?
Despite a small dip the timeline is still in high spirits. Buckle up, kiddos.
Bitcoin above $70K feels different this time. The normies have yet to flock back in hopes of turning their $100 into $150. We could still have plenty of buying ahead of us if the Google Search chart is anything to go by.
Who knew baklava could be so profitable! Delicious too.
The identity of Satoshi is still a mystery. Here’s a disappearing statue in Lugano from Satoshi Gallery. What a piece of art.
However, we learned this week of a revolutionary press conference that was about to take place in London!
As expected there were some obvious red flags.
Yikes.
The identity of the ultimate main character may never be revealed. There are plenty of others for the industry to focus on. CZ is back and he is jacked.
It was real.
It’s important to focus on your physical health. This industry isn’t for the faint hearted.
While Bitcoin does it’s thing, Ethereum is also a couple of thousand away from all-time high. Unfortunately, that is not bullish.
Gm.
Queue the memes!
Many of you have been thinking it but are too afraid to say it. Don’t be the crypto guy that didn’t make it.
We are never getting tired of this meme.
L2 szn isn’t working out that well.
Over on fed chain they are pumping the numbers. Just because you put it on a chart doesn’t mean it’s real.
To memecoin news! Imagine destroying the chart in a few clips. Luckily for HarryPotterObamaSonic10Inu holders the chart is recovering.
Solana has risen as the golden child of this run. Climbing out of the depths of the FTX disaster it has found some traction when it comes to memecoins. Unfortunately onboarding celebrities to the chain doesn’t always go to plan.
But tweets from Trump are bullish! Probably.
Taiki was looking for some cheap thrills last week. He has found the Solana trenches. Financialized cocaine is a hell of a drug.
Did he go a little to degen though?
Yes, he went too degen.
RIP.
Tether were the focal point of a WSJ article last week. Allegedly they are facing a probe by investigators.
Paolo would have heard about it if it was true! Shame on you Wall Street Journal.
Another scandal hit the timeline this week as a prominent founder was caught attempting to drug a woman. We don’t need this in our industry. Don’t be a fucking weirdo.
The guy deleted his Twitter account and was removed from the DWF website. We also saw a video of him in action. What a disgusting human being.
In other criminal activity news, hackers stole $20.7M from the US government.
We aren’t sure if this was a white hat or black hat hack but they gave back the bulk of it regardless.
It’s too early to know if there will be any legal action against the government hackers but Richard Heart is having his day in court. The irony is next level on this one.
How many quintillions are you up, anon?
If you make a few quintillion in this bull run, don’t keep your funds with JP Morgan. They might put a flag on your account if you want a buy a gumball. Ouch.
We round this one off with one Bitcoiners hot take on how to do Halloween. This might be taking it a little too far.
That's all for this week. See you next time.
Team Shitcoin.com
