{"id":11515,"date":"2025-02-05T15:46:46","date_gmt":"2025-02-05T15:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11515"},"modified":"2025-02-05T15:46:46","modified_gmt":"2025-02-05T15:46:46","slug":"david-sacks-press-conference-is-bitcoin-the-only-coin-worth-holding","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11515","title":{"rendered":"David Sacks Press Conference: Is Bitcoin The Only Coin Worth Holding?"},"content":{"rendered":"<div>\n<p>Tuesday\u2019s David Sacks press conference <a href=\"https:\/\/99bitcoins.com\/news\/trump-signs-crypto-executive-order-with-david-sacks-heres-everything-you-need-to-know\/\">for crypto<\/a> proved one thing: back in the trenches, lads.<\/p>\n<p>Whenever I think I\u2019ve\u00a0<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">figured out this market, I get clapped. Meanwhile, some random neet is flipping $100 into<a href=\"https:\/\/99bitcoins.com\/news\/pr-news\/biggest-presale-of-2025-approaches-70m-wall-street-pepe-presale-ends-next-week\/\" target=\"_blank\" rel=\"noopener\">\u00a0generational wealth<\/a> on a<\/span>\u00a00.0009% rug pull. Market sentiment is getting ugly.<\/p>\n<p>Memes? Dead. AI? Nuked. DeFi, DePIN, RWA? All bleeding out. This isn\u2019t trading; this is straight-up warfare. So, what should we invest in going forward?<\/p>\n<h2>David Sacks Press Conference: Bitcoin or Nothing<\/h2>\n<p>After the David Sacks Press Conference, an argument broke out on X that BTC <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke-width: 0.65 !important;\n    }<\/p>\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"btc-bitcoin\" id=\"coin_widget_id_67a387517d942\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"btc-bitcoin\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background:#e6eaed;\"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"btc-bitcoin\"><br \/>\n                    <span class=\"cwp-coin-icon \"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"btc-bitcoin\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p> is now the only coin worth holding.<\/p>\n<p>The more time passes, the more alts bleed against it.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-201381 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-23.png\" alt=\"\" width=\"2048\" height=\"714\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-23.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-23-300x105.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-23-1024x357.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-23-768x268.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-23-1536x535.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-23-50x17.png 50w\" sizes=\"auto, (max-width: 2048px) 100vw, 2048px\"><\/p>\n<p>We\u2019ll see how this new <a href=\"https:\/\/99bitcoins.com\/news\/us-bitcoin-reserve-top-priority-everything-to-know-about-crypto-czar-press-conference\/\">crypto task force<\/a> plays out, but for now, the focus is on <em>utility<\/em> and not shitcoins. Or, you know, whatever has no use case.<\/p>\n<p>So instead of getting caught up in the noise of shitcoins, it might be time to focus on projects that reward the community and incentivize growth from the ground up.<\/p>\n<p>Moreover, the current cycles are becoming bigger than Bitcoin as they follow the global M2 money supply. I won\u2019t test it; it\u2019s better to HODL some BTC, just in case.<\/p>\n<h2>BTC Price Analysis: Is Bitcoin Still a Buy?<\/h2>\n<p>2025 isn\u2019t just another cycle; it\u2019s the cycle where Bitcoin\u2019s economic engine might shifts gears permanently.<\/p>\n<p>For the first time, the underlying demand\u2014corporations, <a href=\"https:\/\/99bitcoins.com\/news\/el-salvador-reportedly-revokes-bitcoins-status-but-continues-buying-btc\/\">nation-states<\/a>, institutions\u2014is set to outpace the new supply hitting the market. The halving used to trigger an overcorrection, a climb followed by a brutal smackdown as the excess block subsidy flooded the market at euphoric peaks.<\/p>\n<p>But mechanical bear markets might become a thing of the past\u2026or not how we once viewed them.<\/p>\n<p>Unless BTC <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke-width: 0.65 !important;\n    }<\/p>\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"btc-bitcoin\" id=\"coin_widget_id_67a387517da51\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"btc-bitcoin\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background:#e6eaed;\"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"btc-bitcoin\"><br \/>\n                    <span class=\"cwp-coin-icon \"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"btc-bitcoin\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p> rips past $500K this cycle (unlikely, but not impossible), there won\u2019t be enough forced selling to drive a traditional collapse.<\/p>\n<figure id=\"attachment_201379\" aria-describedby=\"caption-attachment-201379\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-201379 size-large\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-05_08-19-14-1024x532.png\" alt=\"\" width=\"1024\" height=\"532\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-05_08-19-14-1024x532.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-05_08-19-14-300x156.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-05_08-19-14-768x399.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-05_08-19-14-1536x798.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-05_08-19-14.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-05_08-19-14-50x26.png 50w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><figcaption id=\"caption-attachment-201379\" class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSDT<\/a>)<\/figcaption><\/figure>\n<p>What does that mean for price? Think grind, not crash. Like we\u2019re seeing now. Volatility will always be a feature, but the deep, existential winter that wrecked<a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/ftx-denies-approval-of-ftx-eu-acquisition-by-backpack-amid-bankruptcy-proceedings\/\"> overleveraged traders<\/a> could be on its way out.<\/p>\n<p>Unless Trump drops a nuke on China or something similar, Bitcoin could enter an era of structural uptrends punctuated by shorter, shallower drawdowns\u2014a rising floor.<\/p>\n<p>If the demand side keeps eating supply at this rate, the idea of a \u201ccheap Bitcoin\u201d might soon sound like a joke from a bygone era\u2014one where people still thought you could time the market instead of just stacking and holding on for dear life.<\/p>\n<h2>Final Thoughts on The Current Market<\/h2>\n<p>Here\u2019s a good and somewhat conservative strategy to profit from the coming bull cycle: 1) A BTC position, 2) A leading L1 position, 3) Memes or other alts to play around with.<\/p>\n<p>We will soon see if Bitcoin lives up to its legend of \u201cthe greatest asset of all time.\u201d But all bets are saying it will, and the new crypto task force will recognize it as such.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">15 New &amp; Upcoming Coinbase Listings to Watch in 2025<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow nofollow nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/david-sacks-press-conference-is-bitcoin-the-only-coin-worth-holding\/\">David Sacks Press Conference: Is Bitcoin The Only Coin Worth Holding?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday\u2019s David Sacks press conference for crypto proved one thing: back in the trenches, lads. Whenever I think I\u2019ve\u00a0figured out this market, I get clapped. Meanwhile, some random neet is flipping $100 into\u00a0generational wealth on a\u00a00.0009% rug pull. Market sentiment is getting ugly. Memes? Dead. AI? Nuked. DeFi, DePIN, RWA? All bleeding out. This isn\u2019t [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11515","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11515"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11515\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}