Date: May 13th, 2022 9:20 PM Author: greedy public bath degenerate
I don't have the link but I can look.
He said that the technical issues were not resolved as quick as they should have been and that there may be a less competent technical leadership than he originally thought. He also said that SBF's less-enthusiastic backing of SOL than before makes him hesitate about it all.
exeunt has always been very clear that his main bull thesis on SOL is due to SBF's backing. In recent times, SBF hasn't been as enthusiastic about SOL as he used to be. But that doesn't mean he won't continue to back it going forward.
Basically if you want to know exeunt's advice on SOL, then follow SBF closely.
If you think SOL is circling the drain and won't last another cycle, then yes, absolutely. If you think it will last another cycle, then you would have to be an insane person to make that trade here.
Date: May 14th, 2022 2:22 AM Author: cobalt double fault
That'll be a stupid decision. If you are bullish on BTC, you should be even more bullish on blue chips like SOL/AVAX. Unless you think there's a world where only BTC goes up and other cryptos go to 0, which is a very unreasonable prediction imo. BTC and promising L1s will move together for a while with the latter going up more in bull market and going down more in bear. Eventually, in the future where crypto actually maeks it, I think BTC loses relevance.