How do you get capital gains on a Stablecoin?
The $200 US stablecoin act of no capital gains under $200 has been enacted
But it’s pegged to the USD voiding any chance of capital gains
You can tell the smart people are working hard today 😂🤕
PAGAN WOLF
dwolf@nostrplebs.com
npub1znvy...hk2l
EXO UPRISING INITIATED ☢️
#bitcoin is the tool of resistance
Against Currency Debasement
Against confiscation of funds
Against Surveillance
Against Banking Collapse
Bitcoin thesis has not changed since 2008 and will never change
The users opinions are meaningless, if you think Quantum is an attack? It doesn’t matter what you think
Bitcoin REMOVES THE HUMAN BIAS
let me say that again
REMOVES THE HUMAN BIAS
A TA chart Bitcoiner? Meaningless
A Miner? Meaningless
An opinion? Meaningless
You’re entitled to your opinion, but not your own facts or truths
#bitcoin took care of the latter for everyone
Now everyone is entitled to use Bitcoin for the purpose they choose
GOOD AND BAD
GOOD OR EVIL
EVIL OR SADISTIC
It doesn’t matter
#bitcoin has no threats from V30 nor does it have a saviour in Knots
Your job is simple
Buy and Use
Be a User
Buy/Sell/Hold/Save and Self Custody
Be a user of the network
Not a wannabe commander of the network
Trying to predict an outcome for Bitcoin is beyond you, it’s beyond the HUMAN BIAS
Bitcoin is emotionless
Something humans can never be
If you’re reading this, You should not take my word for it
Not am I speaking for Bitcoin
Bitcoin doesn’t need me to speak for it….
Bitcoin speaks for itself in perfect code and in perfect money
💰
On #bitcoin sentiment
You have to be kidding me at this point, Bitcoin is a volatile unit of money
By now, most have been through atleast a 40% pull back, most should of seen 60-80% atleast once
But as more people agree #btc is what it is (perfect money blah blah) then volatility is far less, not removed, not smaller…. LESS!
In my early days of 2017 30-40% was a 4-6 week occurrence, as I started this whole thing February that year, I got acclimatised very quickly to how it works and why it’s necessary
In 2025 we have had 40% pulls but how many? In the last 18 months…. 3 😆 that’s it 3
Not 7, not 10, not an unending amount, 3 spaced out by very lengthy sideways chop or all time highs
3!!!!
This will keep shrinking in time NOT AMOUNT!
So April trade war 109k to 74k
We had to wait for October 10 to get something similar
That’s one major pull in 6 months lol
So from 88k now to say 300k
The next pull should be 9-12 months away
These things don’t take anywhere near as long to recover either
It’s been 8 weeks since all time highs and even then it’s only been 3 weeks under 100k
Sentiment should be ROCKETING!
You have an obvious playbook, that’s played out thousands of times already, now it happens far less time wise, recovers much faster and has broken all previous models
Price and hashrate? Dead
4 year cycle died when we made an all time high in 2024 lol
Business cycle? Dead
Every single model DEAD!
#bitcoin is the self fulfilling prophecy that’s breaking out of fixed pattern or pattern overload
And it won’t take long
When Bitcoin pushes 100k again, sentiment will change
127k all time high sentiment will change
Saylor, Bukele, Companies, Countries and our Pleb cohort aren’t stopping buying
More are coming all the time, and larger holders from early days aren’t that large anymore
#bitcoin needed to break all models, you can’t map Bitcoin. You can pin point it…. And it’s the singularity of money and energy aka GLOBAL CURRENCY
SIMPLE PLAN…. Don’t stop and sentiment comes back
If you’re tired of #bitcoin join the club, you think Saylor some days doesn’t want a 300k-500k Bitcoin
He’s playing to win and while 10,000 Bitcoin is easy to buy, he will do it
Just play the fucking game and play to win
IT REALLY IS ALL ON THE LINE
#bitcoin
No matter what
The protocol stands at 21m
The game = Get them all
The way = Self Custody
The outcome = Hal Finney $10m $ adjusted for inflation 50-100m$
The best way = $100m per #btc so 1 #sat is $1…. Perfect
The perfect money, needs the perfect strategy
Not a business cycle, not a 4 year mining cycle, not government help or regulation
It simply requires Bitcoin holders to do the one job they have to do
Buy/Hold/Self Custody/ Use it as currency
2026 Bitcoin cannot be like 2025 which was a horrible year of talk and barely any real action
21m of which only 19m in existence of which 3m are lost, of which there are only about 2 million in the actual market, of which price moves off about 5000 #bitcoin
The simple solution is above
Bitcoiners want god mode difficulty though, well you’re getting it
Just remember it downs have to be this way, choices matter
2026 Bitcoin….. we do not want to lose any more users. We lost 27% of Bitcoin users in 2025
That’s not good education
We need users, not paper etf HODLERS
Time to get back to basics, not Wall Street hopes
If @Michael Saylor just did a market buy across a few exchanges with no TWAP
Or
If we all band together and attack this exactly: Order book buys in an hours duration
The reward is there for #bitcoin
U just have to buy correctly


Nemesis 2
Absolute golden age B Grader
If you like the genre


Weeks of Japan doom
For a 2 page amendment lol
You have to see the ridiculous level of #bitcoin doom is next level right
If Bitcoin was so easy to predict, we’d all be 100 x which ever direction it was certain to go
lol….. Japan 🤣🤣🤣
0% and 0.75% have a 0 in it btw lol unwinding lolol
No…..


Not a Single Japan doom post anywhere
Funny that
#bitcoin loves FUD
Nothing burger
Ok


2 test pumps in #bitcoin last couple of days have people reeling for the cliff
Those little pumps are fairly regular
Maybe someone’s expecting bank of Japan not to raise
Maybe liquidity is being tested
Maybe Saylor buying heavily at US Open
Maybe, Maybe, Maybe
Test pumps I’ve seen for years, they give a 2 hour glee with 8 hour flee
With this stupid Bank of Japan FUD! Around hopefully by tomorrow that is forgotten
0.75% expected 🤣 nothing stops the carry trade…. Well not 0.75 anyway lol
When I get some time off soon


Cpi gets released every month
And every month to follow
No one inflation call is different from the next, you know it’s made up anyway
Every print
#bitcoin goes up
Then goes down
Then equals about the price it was before it started
Ever time
Now everyone is watching Japan 🤣
Make up your minds
3 rate cuts, 2.6% cpi with Trump promising new Fed chair will go 1% rates
Or Japan no matter what dooms everything
lol
9 years in #bitcoin is becoming 9 years too long when you see the same names, saying the same things and repeating the same mistakes
#bitcoin really needs simple things
Buy
Hold
10m $
That’s it
lol
Us CPI 2.7% lower than the 3.1% expected
Bank of England just cut rates .25%
But forget all of that because Japan is apparently going to kill everything tomorrow 🤣🤣
Japan is the last bit of bear thread on the roller they have
It’s ok
It’s only been 4 weeks of expected raise…. Total surprise lol
Japan FUD is still in the #bitcoin circle
It’s ridiculous
They were at 0% for 30 years now they’re just a bit above zero with a zero still in the starting number
🤣🤣
Better off reusing Mt Gox or Options expiry incoming for better FUD these days
Eric Weiss mentioned a good point overnight
“Whoops”
Basically sums up that flash to 90k
#bitcoin has been attacked this time instead of operation 2.0 etc, it’s now our own infrastructure
Exchanges
Betting agencies Kalshi/Poly
CEOs of exchanges
They’ve gotten their hands dirty since October All time high
But then a spike over night whipping open interest into over drive
They lose control when there’s no supply to move at certain moments
They’ll always have coins to move, but they won’t have them on hand when necessary
Last night they had to quickly get 90k under control
It’s an easy step to 150k and higher
Binance can use 800 Bitcoin to do a lot of nasty things, they just don’t always have access to it
#btc sentiment is very bad…. Japan, Venezuela, China etc
It’s like everyone needs to create their own villain all the time to justify Bitcoin
#bitcoin already beat everyone, gotta stop blaming China, it’s sickening
#bitcoin and China = Binance and Bybit
Stack ‘em hard like Saylor
He’s picked it back up to a billion a week
Between “institutional” buying and self custody (CoinGlass is not accurate)
We also have data that says the exact opposite
OG’s selling 100% of their stacks… which I find a little strange, if you have 1000 #bitcoin you don’t need to sell all 1000 surely…. But that’s been the case (probably own multiple wallets)
And then there is…. Ready for it “China is selling their 194000 Bitcoin”
When Bitcoin price isn’t favourable we can’t keep blaming China all the time, makes Bitcoin look dumb when you do that, even if they have sold…. Grayscale sold 400k last year and we mooned, so no sense
Some say liquidity = there is 2 Trillion in #bitcoin now lol
Some say on chain activity is low = Well yeah institutions are exchange holders and so are ETFs, so of course it’s low, it’s all on exchanges now
Some say Japan….. LOL! No! The entire world knows Japan is raising rates, exactly how much
FUD is common
Stupidity is common
Common sense isn’t so common
Simple strategy is 21m get them all, Michael Saylor worked out that simple metric and he is taking on every holder by himself
We gotta do our part
Just ignore the charts and BUY!
That’s all we can do and the end result is 🚀
BECAUSE WE WERE RIGHT! Everyone wants and needs Bitcoin…. They’re lining up outside the door reading the brochure


#bitcoin is dead
Team
Squad
Where ever Bitcoin gains its narrative, I just jump on the team
Currently dead
Currently its zombie
Then…. I’m zombie 🧟♂️


“ #bitcoin is dead”
Then im on team Dead
Bitcoin would still win


Stablecoins alone are not enough.
Stablecoins: solve denomination
do NOT solve settlement congestion
do NOT solve cross-jurisdiction friction
Institutions are quietly testing hybrid rails:
Stablecoin (USD unit)
Token (liquidity + speed)
ETF wrapper (control)
Something orange will be required as the foundation for all this
#bitcoin best performances were
2013
2017
2021 (rounded top)
2024
January 2025
What happened since January?
Trump got involved
Sec got involved
Crypto got involved
A Czar got involved
Market structure bill will not improve the market manipulation
A stable coin act is good for Stablecoins aka the USD and the printing of it
Is any of this bullish for #bitcoin
All of it is, but not in the way you think
Firstly the Japan Rate decision is not important to anything at all… if you think you know everything about central banking in Japan…. Sorry to tell you, you know nothing about it
Government was never in the #btc thesis at these prices, Satoshi said I don’t have time to explain it, Cyberpunks said everyone will get Bitcoin at the price they deserve
You think anyone deserved 16k in 2022? No they didn’t but they got it anyway
At 10m$ Bitcoin nations and government then chase us for the Bitcoin (this was badly missed)
From here:
Zartans famous line
“Congressman, senators and councilman… no wonder nothing ever gets done”
Trump isn’t on team #bitcoin
The only reason has President is because Bitcoiners made that happen…. Trump was nowhere, in court, no media and nobody thing to push until Bitcoiners gave him purpose, then people started listening to his other policies
American Bitcoiners put him in, it’s time to go and ask him to return in kind
A War is starting
And Bitcoin will be the weapon, the success and the defeat
I’m not sure how this ends all I know is the inevitable billion $ price tag per #bitcoin
For a moment ask your self
If Bitcoin was 1m$ right now, would they let you have any? No, not unless it’s in a fund they control and have access to
The point was to gather early, send price, make them chase
That opportunity is gone now, now it’s up to the holders to hold stronger than ever
Kidding aside
#bitcoin isn’t peace in the industry’s hands…. ITS WAR