🐺"The wolves of Wall Street beat us". - Bitomat.com and the Encyclopedia of Cryptocurrencies 🐺

We present you with a transcript of another conversation I had during Invest Cuffs 2025 in Krakow, Poland. Kamil Predecki, the creator of the YT channel "Encyclopedia of Cryptocurrencies", was featured on the Bitomat.com wall.

Topics of Conversation

We talked about what makes the current cryptocurrency bull market different from previous cycles, what Ethereum's problem is, and a new cryptocurrency tax return app that a YouTuber is involved in developing.

"Vitalik should hide in the basement" 😅

Probably many of you have been waiting for months for that moment when the rates of alternative cryptocurrencies will start rising higher than they have with bitcoin, the altcoin season. We're already around the second half of the bull cycle, and there's no sign of it.

Why is this the case when BTC has reached its new ATH of $109,000, jumping more than 500% since the beginning of 2023, while most "alts" cannot count on similar results? 🤔

BTC price chart 📉
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Source: TradingView

Answer to Question

The answer is simple: capital in the altcoin sector is extremely diluted because there are simply too many of them, and most of the tokens are pre-destined to fail due to their zero fundamentals.

Ethereum problem 💔

But why is such Ethereum, the second largest cryptocurrency by market capitalization, disappointing despite support from institutional investors? After all, we have spot ETFs on ETH, which has not improved the situation of this token on the price chart at all.

• These wolves of Wall Street, who we let into the market, came with their toys, with their capital, and beat us a bit. They showed us that if they want to manipulate the market, we don't have the tools to prohibit them from doing so," stated Kamil Predecki.

We also agreed in that a lot of the blame lies with Ethereum creator Vitalik Buterin, who has been indulging in strange activities lately, instead of focusing on building more solutions for this network.

Competition doesn't sleep 💪

• Ethereum has settled on its laurels, a competition is not sleeping. We can see this in the example of even not always working Solana, which is able to receive several hundred thousand users in a short period of time, if only through the application itself Moonshot - points out my interlocutor.

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