Pay attention to how media is paying attention to this.

That's the reflexive cycle that will either drive this thing like crazy or have it cool off a little bit.

Right now, it seems to me like we are just at the beginning of a cycle where these prices

mean a lot more eyes are going to be coming over on into this space.

Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

The breakdown is sponsored by Crypto.com and nexo.io and produced and distributed by CoinDes.

What's going on, guys?

It is Thursday, November 5th, and you may realize that I have said all week that I was not going to be recording during the week.

I'm up in the White Mountains in New Hampshire for an anniversary, but something happened.

Bitcoin has hit 15,000. In fact,

it has smashed through it. It's currently at $15,196 at the time of recording. And this is the type of thing that I think is worth pulling out that spare portable microphone that I brought

for just such an

occasion. I asked people on Twitter for their hot takes, their interpretations of this,

and so I wanted to give you a quick, down-and-dirty episode about how people in the Bitcoin

and crypto and FinTech community are looking at Bitcoin at $15,000. So what I'm going to do is I'm going

to quickly go through the different areas or different ways that people are thinking about it,

and then I'll wrap up with some thoughts of my own. First interpretation is that this

bull run has actually been happening right in front of our eyes, we've just been really distracted by

the presidential elections. Nick Carter put this beautifully in a four-word tweet, he said,

Quietest Bull Run ever. Of course, another line of interpretation has to do with the having,

and you can see the halving bulls feeling very redeemed right now.

...