🚨 WALL STREET JUST BUILT A BACKDOOR INTO BITCOIN AND NO ONE IS TALKING ABOUT IT.

If you’re still counting coins on the blockchain to predict the price, you’re looking at a graveyard!

The 21 million cap doesn’t matter anymore. Why? Because the market isn’t trading real Bitcoin,… pic.twitter.com/MOY90Q1lAW

— Nonzee (@0xNonceSense) February 6, 2026

So it's like the silver market?

Yukon Cornelius said:

---

So it's like the silver market?

---

Sounds like it, synthetic. 1 BTC represents many. Might explain why no blowoff euphoric top

Second article like that Ive come across today. No way to verify

Why utility really matters long term. BTC is pure speculation so thus can happen if it is. Something like canton or ethereum that requires the actual asset to pay for the transactions is key to protect against paper fractional trading

This one is multiple parts and apparently some suggestions that a hedge fund IBIT got liquidated in Hong Kong

🧵🪡
Ethereum and Bitcoin and crypto prices have fallen sharply in the past 10 days

- $ETH down -40% and Bitcoin -30%
- crypto sentiment is reflexive
- so there is a lot of “rage quitting”
- and many pundits citing problematic structural and unfixablr reasons for the decline

To… pic.twitter.com/JOb1MMhBTP

— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) February 6, 2026

jamey said:

---

🚨 WALL STREET JUST BUILT A BACKDOOR INTO BITCOIN AND NO ONE IS TALKING ABOUT IT.

If you’re still counting coins on the blockchain to predict the price, you’re looking at a graveyard!

The 21 million cap doesn’t matter anymore. Why? Because the market isn’t trading real Bitcoin,… pic.twitter.com/MOY90Q1lAW

— Nonzee (@0xNonceSense) February 6, 2026

---

This is so dumb

TxAG#2011 said:

---

jamey said:

---

🚨 WALL STREET JUST BUILT A BACKDOOR INTO BITCOIN AND NO ONE IS TALKING ABOUT IT.

If you’re still counting coins on the blockchain to predict the price, you’re looking at a graveyard!

The 21 million cap doesn’t matter anymore. Why? Because the market isn’t trading real Bitcoin,… pic.twitter.com/MOY90Q1lAW

— Nonzee (@0xNonceSense) February 6, 2026

---

This is so dumb

---

Explain yourself then, otherwise its just a dumb response

This is the second time this week I've seen Tom Lee point out the quantum issue with some wallets for BTC. Go to the section around 9 min where Tom Lee asks Saylor a question on it

Tom kinda kicks Saylor in the nuts here.

So much for BTC and ETH are friends

TxAG#2011 said:

---

This is so dumb

---

It's not dumb. The second Wall Street got their hands on BTC is the second it became less an alternative to central banking fiat and more a derivative for Wall Street to manipulate. Anything Wall Street touches becomes a casino table they control. Quite a few bros thought that creating a BTC ETF would drive mass adoption or moonshot due to big money getting involved. Not sure it's working out that way. Wall Street is in charge of the BTC cycles now. I suppose one could perform their usual tech analysis and follow Wall Street to make lots of fiat via BTC trading.

We haven't seen a full four year cycle post ETFs so let's see how this bear cycle plays out before making statements like this.

As of now, the price action is behaving near identically to how it behaved at the start of the 2021-2022 bear market. I'd argue the exact opposite of what you just stated if we close out this year along its current trend.

Any one doubling down on BTC and/or ETH at this point?

Up 150% currently (down from 225%+) but my intention has always been to buy and hold so riding it out regardless

TTUArmy said:

---

TxAG#2011 said:

---

This is so dumb

---

It's not dumb. The second Wall Street got their hands on BTC is the second it became less an alternative to central banking fiat and more a derivative for Wall Street to manipulate. Anything Wall Street touches becomes a casino table they control. Quite a few bros thought that creating a BTC ETF would drive mass adoption or moonshot due to big money getting involved. Not sure it's working out that way. Wall Street is in charge of the BTC cycles now. I suppose one could perform their usual tech analysis and follow Wall Street to make lots of fiat via BTC trading.

---

If we follow previous cycles then Bitcoin is going a lot lower.

So lets hope wall street deviates from prior history.

I've been selling week calls on my BMNr position and using the money to buy MSTR. Just hit my targeted allotment so I'm going to start buying THAR now.

jamey said:

---

TxAG#2011 said:

---

jamey said:

---

🚨 WALL STREET JUST BUILT A BACKDOOR INTO BITCOIN AND NO ONE IS TALKING ABOUT IT.

If you’re still counting coins on the blockchain to predict the price, you’re looking at a graveyard!

The 21 million cap doesn’t matter anymore. Why? Because the market isn’t trading real Bitcoin,… pic.twitter.com/MOY90Q1lAW

— Nonzee (@0xNonceSense) February 6, 2026

---

This is so dumb

---

Explain yourself then, otherwise its just a dumb response

---

So there is no explanation? It's just dumb? Got it. Thanks for your input.

@NFLPlayerProps said:

---

DonaldFDraper said:

---

Any one doubling down on BTC and/or ETH at this point?

Up 150% currently (down from 225%+) but my intention has always been to buy and hold so riding it out regardless

---

Yes. BTC only though. ETH is a ****coin

---

And what is BTC?

In other news, I've added SUI and UNI to bag.

MaroonStain said:

---

@NFLPlayerProps said:

---

DonaldFDraper said:

---

Any one doubling down on BTC and/or ETH at this point?

Up 150% currently (down from 225%+) but my intention has always been to buy and hold so riding it out regardless

---

Yes. BTC only though. ETH is a ****coin

---

And what is BTC?

---

When did you buy ETH?

@NFLPlayerProps said:

---

MaroonStain said:

---

@NFLPlayerProps said:

---

DonaldFDraper said:

---

Any one doubling down on BTC and/or ETH at this point?

Up 150% currently (down from 225%+) but my intention has always been to buy and hold so riding it out regardless

---

Yes. BTC only though. ETH is a ****coin

---

And what is BTC?

---

When did you buy ETH?

---

What is BTC?

MaroonStain said:

---

In other news, I've added SUI and UNI to bag.

---

Also added Canton

Nice. I'm very bullish on it. Thinking of adding more

Going to be a big narrative going forward.

Yukon Cornelius said:

---

Going to be a big narrative going forward.

---

What, the store of value for eth?


It makes me a little nervous how Tom Lee is seemingly playing the role of eth vs btc vs when they were "friends"


Is he reaching or is it real now, for whatever reason

I mean the quantum narrative will grow. I haven't heard Lee's recent comments but I do think at some point we start to see a divergence between pure speculation and utility within crypto market. The few chains and protocols that get real adoption and use will probably suck up the lions share of liquidity in the market. Probably akin to the dot com bubble. Most went to zero but few survived and really became dominate.

There's so many chains now that just have almost no actual users and have billion dollar "market caps".

Yukon Cornelius said:

---

I mean the quantum narrative will grow. I haven't heard Lee's recent comments but I do think at some point we start to see a divergence between pure speculation and utility within crypto market. The few chains and protocols that get real adoption and use will probably suck up the lions share of liquidity in the market. Probably akin to the dot com bubble. Most went to zero but few survived and really became dominate.

There's so many chains now that just have almost no actual users and have billion dollar "market caps".

---

Right now we need fartcoin and others to go to zero and die forever and get out of the way

🚨 BREAKING 🚨

Beast Industries just acquired “Step”

Fintech app that's already got 7 million young users learning money basics

MrBeast + fintech + massive reach = generational shift$ETH / $BMNR pic.twitter.com/5SJQJUeZhK

— Kodi (BMNR) 📌 (@SweatyKodi) February 9, 2026

Congrats to @MrBeast and @Beast team for the acquisiton of @step

- Beast acquiring GenZ-focused @step and moving into financial services makes a lot of sense
- GenZ are entering their "adulthood"
- this journey requires financial education, budgeting, investing in their futures… https://t.co/Y5jmnvAhIo

— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) February 9, 2026

Memecoin gambling will always be somewhat relevant. It's a legitimate usecase. Degen gambling. What I think really needs to go to zero is stuff like XRP and ADA. Where founders are dumping their tokens on "investors" and the chains have zero users.

Crypto exchanges could make the industry seem more legitimate by not constantly listing dogshit memecoins on their platform to take advantage of short-term retail interest.

If we don’t respect ourselves, how can we expect others to respect us?

— Benjamin Cowen (@intocryptoverse) February 10, 2026

True but they have a fiduciary responsibility to share holders. They list what generates volume and fees. Retail needs to stop gambling on memecoins and buying into unused layer ones.

We need a welfare check on LatinAggie…

I've been there before. I've had to learn some painful lessons th hardway in this market lol

Can someone tell me about ZCASH?

Woods Ag said:

---

Can someone tell me about ZCASH?

---