It's good to see that crypto is staying active and not falling.

Of course now that I said that it probably will.

Still, I think that there's a good chance that the Cycles are changing.

We used to be pretty set on a four-year cycle with the bull run and then the Fairly immediate crash afterwards.

I think we had maybe one good year after the bull run when things gradually went downhill and then we had the real depression when things crash dramatically and then we had something like a year with nobody did anything and then another year of accumulation and then things started Rising back up.

It looks like things are changing and I'm not even sure it has to do with institutional backing or anything like that.

I think it has more to do with the fact that people realized now that Bitcoin is not such a bad investment and that it is kind of like investment and not something that you should just be buying coffee with every day.

Sure you can if you want to but I think that's what people had a lot of problems with was that it takes longer to get a transaction through so it's not great for buying coffee with.

Gold isn't great for buying coffee with either though. You can't give somebody a piece of gold and say here let me get a cup of coffee. In my opinion Bitcoin is much more like gold than it is like cash. That's not a bad thing. I think the world is realizing that and I think that has a lot to do with the fact that Bitcoin is holding its own. It's good to see.

I think the cycles are changing.