The bears at Korkeasaari Zoo in Helsinki went into hibernation, apparently after seeing the dip in the markets. According to the reports they said, "Fuck this shit", ate some honeycomb and passed out on a sugar high in their bunker.
I wish I could hibernate.
Wouldn't it be nice to just sleep through all the crappy bits of life? Country at war? Time for a nap. Long-term unemployed? Catch forty winks. Between four year cycles? Set a few lowball buys and turn in for 1200 days and nights. Set an alarm and wake up just in time for the start of a bullrun.
Just 5 more minutes, mummy....
I'm too tired to stay awake any longer. I was looking forward to a far better end to the year than what it is shaping up to be. Though, things can always change if some surprise random thing drives the markets. As I mentioned to someone the other day, if Putin was assassinated it might trigger a recovery.
🤞
Kill the bear.
I have been attempting to get a big piece of work that I have no business in doing, but giving it a go anyway. It is highly unlikely that it will happen, but I may as well swing for the fences and see if I can land it. If it comes through, it would be about a year of consistent consulting work, which would definitely take a lot of financial pressure off the family, and me in general.
About as likely as Putin getting assassinated.
Will the real Putin please stand up?
Really though, markets can turn, though at the moment it looks pretty bleak. While BTC and ETH did okay this year, there was fuckall of a run on the majority of alts. Nothing to write home about anyway. Just another disappointing period of life that should have been slept through.
Perhaps if I get disappointed and depressed enough, the market gods will take pity. Maybe everyone just needs to get collectively depressed and start screaming and shouting about unmet expectations to shift the market sentiment. It has worked in previous years, but maybe now we are all too used to putting up with this shit and waiting, that we are no longer getting frustrated enough.
We need some rage quitters!!
It used to be diamond hands for the holders, but now I think it has shifted to diamond dildos, because at least while getting fucked by the markets, you can fuck yourself with your holdings while waiting for the next run.
Built in pearl necklace.
Anyone still wondering what is wrong with this world?
Us.
We need to do something useful with our lives, and that includes crypto lives. Too many of the projects out there do absolutely nothing, let alone anything even remotely useful. Most of them are screaming for decentralisation, while spending their scream energy supporting centralised platforms.
We are going to replace the banks!!
Hey bank, can we please get an off ramp?
At least on Hive we are consistently doing stuff on blockchains and with crypto daily, even if it isn't valued as a project and people aren't interested. And that is part of the problem with the whole cryptosphere - people aren't interested in innovating away from the status quo, they are interested in buying themselves a higher position in the current environment.
Me too?
To some degree. Because I also think that in order for crypto to have real impact, it has to be part of our daily lives. For me currently, that is largely on-chain theoretical life and social transactions on blockchains like posts and comments, but it isn't used outside of this screen. At some point though, I think that we have to revaluate all of the things we value in this world and then, work out how to incentivise the types of behaviours we want to encourage, and then use tokenisation to add value to those types of behaviours. Hive is actually a pretty good role model for this in some way, because it was a project to encourage blogging and social interaction for a tokenised return, and there are people here doing just that. Not enough, but it is far better than circlejerking on X and TikTok.
If only people realised that life is better decentralised.
But they won't. So, we will keep living under the dictatorship of an economy that is designed to monopolise resources, wealth and control into very few hands, where we bend over and take it, in the hope we will work our way up the financial hierarchy.
At least we should be able to sleep through the abuse.
Taraz
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I don't think four year cycle applies anymore. The four year cycle was driven by Bitcoin, now with all the Institutional money the halving of Bitcoin emissions is too small to drive the cycle. So no more four year cycling in crypto.
Bitcoin is the largest asset so it will drive everything still, but business cycle and liquidity is going to drive Bitcoin and not halving off BTC...
Yeah I think the same, but as this is mostly tongue in cheek, it fit better for the hibernation thing :)
I used to know a nurse who worked in an emergency room. The list of things she saw or knew about that had voluntarily been placed inside someone was disturbing.
also a nurse here, Can affirm... that there IS usually a box (like on TV show Scrubs) that has items that were removed from people. And yes, some of the things are disturbing... AND they are often repeat offenders... Did my head in...
some of them even got our 30 year old nurse unit manager veteran to lower her glasses and say... "well... after 30 years surprises are... uncommon... but that... that is a surprise..." lol
I have heard a few stories from some nurse friends also. It seems the thing that unites all cultures, is that some percentage like to experiment with what they can put into themselves.
Sleeping through the abuse might provide some comfort, a momentary one no doubt, but it won't solve our problems. The best way is to tackle them head on.
For me, the resistance the masses are supposed to offer against bad rulership will only begin, if a central figure rallies and unites them, then together they can agitate against their rulers. Peaceful or otherwise resistances to political corruption has been effective in the past and can be again.
I suppose the current bearish posture of the market is the handiwork of a market mover, maybe he wants the prices to descend then they will buy more cryptocurrency and dump it all when the prices rise. They are in the constant job of making the market move in up and down cycles and they profit off of each one.
Isn't it interesting that humans with all this potential in decentralised technology, need some saviour to rule them? We seem to all have a "god complex". Not that we think we are gods, but that we believe we need a god to lead.
omg i had to look up the diamond creation!!! hillarious, it said it was an Australian... for shame... omg... lol
sorry i know that was not the point of your article... (no puns intended) but sorry that sure made me laugh!!!
now my NAME blingit, is actually because i PUT RHINESTONES on everything... get it... "bling - it" however that is totally taking ot to the extream.
No thank you.
lol
BLINGIT
Rhinestone cowboy?
I didn't look too deeply into the dildo, but I wonder if someone bought it?
I didn't see if it had been bought just that it appeared to be real and not likely an AI fake... lol.
That would be the perfect name for it.
The crypto world definitely needs fewer “investors” and more users. Hive may be small, but at least it’s alive. That’s more than I can say for half the ghost chains people shill every day.
If there were more users, then it would mainstream.
One thing is so common in the crypto space, people are ready to buy into anything, even if it is toilet paper, as long as it is hyped as the next big thing, as long as you promise them it will give them bigger returns. That is why we see hundreds of coins without any form real utility.
Hive and it's ecosystem has a lot of utility that is yet to be explored. So despite the market condition, I believe it'll regain it's momentum together with the market and do very well again. I wish many people will understand that such a decentralised platform that allows one some level of ownership while engaging in a Tokenized economy is the future of crypto and finance generally.
Since we can't kill the bear, we'll just have to bend over and bear it.
There are people who had rooms full for lockdowns. They likely still have rooms full.
Dunno how much momentum it will gain, unless it gets some advertising hype from somewhere to bring in new users.
It's not a lie that hibernating during the chaos is definitely tempting but tackling it head on is part of the propelling factor in life.
The market will always fluctuate, yes but that inner desire and balanced discipline to adapt to changes is what Influences outcomes
You put out some valid points here. A central push often triggers change either in politics or markets. But occasionally, little consistent actions fuel more impact than dramatic uprisings. Well crypto does feel slow now but guess what?? It's these dull stretches that pace way for the big shifts
If the bear in the market could be killed, many people would be saved from despair and if we could hibernate during the bear season and wake up during the bull season, how great it would be! A few days ago, I saw a man commit suicide when there was a huge amount of liquidity in the market. Yesterday, there was a liquidity of $200 million in the market, which is really sad. Many people are becoming destitute.
Yeah, I guess the majority of us over here are seriously enduring this cycle Hoping for a rapid turnover and bloom. But I guess these frustrating times is all part of the ecosystem trying to filter out noise. The remnants after everything Is usually quite stronger, focus directed and of course, better for the coming wave.
The opinion of sleeping through the tough seasons seem tempting as hell but then again, we learn lessons These periods and this ultimately re-designs how effectively and maturely we handle the next bull cycle. I guess the markets feels dead right now but mighty and steady foundations are being built in most places.
Guess thats why they call it a bear market!! but on a more serious note, most crypto users aren’t looking for innovation or decentralisation (as i believe was the initial thought process behind crypto) they’re looking for shortcuts to wealth, not really trying to build something out of the normal financial structure
I wonder if that would solve anything. I imagine that someone as bad would take his place...
Diamond dildo? Well I guess now I have seen everything.
HIVE is doing rather better than I expected, where's the single figures?
The recent market drops have been really brutal, and it feels like each day just adds to the disappointment. I wonder how many users we jave recently lost for this reason.
Yeah, this has been pretty miserable. If $126K ends up being the top, that is going to be pretty disappointing. After playing last cycle wrong I had some big plans and hopes for this one. What a waste...
I want the same hibernation package that the bears are enjoying, with the honey at all! Where do I sign up?
"Oh, you just say that because you're jealous and not part of the 1%!"
Just kidding, obviously.
HBD has the potential of an on-chain & real-life connection. It's not easy to create, though. I'm not having much success so far. The ones who come for blogging, don't care about the crypto. The ones I hook on for transactional purpose, don't care about the blogging. One day I'll figure out how to inspire for both at the same time, as HBD is quite an awesome tool for payments, and in my case it could make for an excellent local currency.
Cheers.