is there a case that some og bitcoiner holders were actually traders and knew to sell the October 2025 high and rotated into ai stocks and nasdaq stocks, two things happened, them leaving btc last year tanked the btc price, and them entering ai/legacy stocks sent them soaring
now those traders will sell the stocks to lock in profits and rotate back into bitcoin as it languishes at low 60s
A classic trading strategy if one knows what they are doing, but this nothing to do with Bitcoin, these traders would buy seashells if they thought they could make a profit 📈
Being a Bitcoiner for sovereignty and eliminating counterparty risk is completely lost when one starts trading sats for stocks
We watch from the sidelines as the fiat price is manipulated by Wall St
One thing Saylor is correct about....Traders love the vol
A Chinese emperor, impressed by an opponent's skill at chess, offered to grant him anything he wished
The opponent's request seemed almost laughably modest.... a single grain of rice on the first square of the chessboard, doubled on each square thereafter
The emperor scoffed, picturing a trivial pile 1, 2, 4, 8 grains, hardly worth mentioning.
But doubling is deceptive
By the 64th square, the total reached 9,223,372,036,854,775,808 grains.... enough rice to cover the entire surface of the Earth several times over
#Nostr
I think Bitcoin core devs realized early on the necessity of maintaining a quiet, low profile public presence to avoid drawing attention to themselves
But fuck me, looking over at the Nostr Dramadome, the dev landscape seems to be defined by constant public crashouts and ego beefs on what feels like a weekly basis
OK, Bitcoin isn't totally immune to this, the BIP110 drama proves that the network still attracts similar characters who try to enforce their opinionated scaffolding on the protocol
But within camp NostrDrama, the total absence of at least some decorum, I do wonder if this public meltdownage is a symptom of collective anxiety, an underlying realization that they may be pouring immense time and energy into building something that will struggle to ever truly compete with the network effects of Xitter
Think before you post people, especially if you're using a real life identity 😉
AI data centres are forced to extract massive profits just to outrun the corrosion and rapid demise of their hardware before the entirety must be replaced every few years.
Bitcoin miners suffer the same fate, but if miners perish from a lack of hardware, the hashrate drops, the network adapts and the door opens for new players to fill the gap, block by block, forever